BHI: US rig count up 17, surpasses 700 mark


The US drilling rig count increased by 17 during the week ended Jan. 27 to 712 active units, according to data collected by Baker Hughes Inc.
The overall rise continues to reflect a resurgence in units targeting
crude oil, drilling horizontally, and based in the Permian basin.

…read more

Source: Oil Gas Journal


Leave a Reply

Your email address will not be published. Required fields are marked *

© Gates Oil & Gas, LTD 2013