Dec 19, 2010

US drilling activity takes 14-rig hit



US drilling activity decreased this week by 14 rotary rigs to 1,709 working. This compared with 1,193 active units in the same period a year ago, reported Baker Hughes Inc. 
Most of the losses were in land drilling, down by 13 units to 1,670. Offshore drilling was unchanged with 23 rigs working, all in the Gulf of Mexico. Inland waters activity was down by 1 to 16 rigs working. 
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Source: Oil & Gas Journal

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