US drilling rig count drops 25 to 1,050
The number of rigs drilling for oil and natural gas in the U.S. was down 25 the week ending Jan. 18 to 1,050.
At this time last year there were 936 active rigs.
Houston oilfield services company Baker Hughes reported that 852 rigs targeted oil (down 21 from the previous week) and 198 targeted natur....
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