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Oil and gas exploration down

08 January 2010

December global rig count down 22% year on year but improves on previous month

Keywords: Baker Hughes, rig count, oilfield services, oil, barytes

Oil and gas exploration activity dropped 22% in December 2009 compared to the same period a year earlier but improved on November 2009 figures, according to the global rig count by Baker Hughes Inc.

The...

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