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July oil and gas drilling up 46%

09 August 2010

by Mark Watts

USA continues to drive recovery in global oil and gas exploration; rigs rise to 3,032

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

Global oil and gas exploration rose 46% in July 2010 compared to the same period last year, driving a recovery in demand for oilfield minerals.

There were 3,032 rotary rigs operating worldwide in July 2010 compared...