US rig count continues down: new low 318
Baker Hughes’ weekly count of rotary rigs drilling in the U.S., issued since 1944, continues to drop, setting a new low of 318 for the week ending May 22, down 21 from the previous week and down 665 from a year ago.
Prior to this year, the low count by the Houston oilfield services company was 404....
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Alaska count unchanged
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