Oil and gas exploration drops
Published: Monday, 07 December 2009
Global rig count down 30% year on year in November but industry is optimistic
minerals used in oil and gas exploration is expected to remain
weak as exploration activity reportedly dropped 30% in November
compared to the same month last year, although improved
somewhat from depressed levels in October.
Oilfield services group Baker Hughes Inc., in its monthly
global rig count,...