US Rig Count Hits 25-Year High

Baker Hughes
Monday, March 05, 2012

Tally of oil-directed rigs shows increase

In its weekly release, Houston-based oiilfield services company BHI reported a record rise in the number of rigs searching for oil and gas.

The Baker Hughes North American Rotary Rig Count is a weekly census of the number of drilling rigs actively exploring for or developing oil or natural gas in the United States and Canada.

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