Help Desk -
9717405332, 9599714297, 9810335381

US oil rig count ends 2017 40pct above year-ago levels - Baker Hughes

Gasoil News - Published on Wed, 03 Jan 2018

Image Source:
Reuters reported that the US oil rig count rose by about 42pct by end-2017 compared to the levels seen during the corresponding period last year, as energy companies boosted spending amid a recovery in crude prices.

General Electric Co's Baker Hughes Inc energy services firm said that drillers held the number of oil rigs steady for a second straight week at 747 in the week to December 29th. That was 222 more than the 525 rigs at the end of 2016.

Source :

Posted By : Rabi Wangkhem on Wed, 03 Jan 2018
Related News from Gasoil segment