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Global oil and gas exploration up 9% in January

07 February 2012

US continues to drive global rig count, boosting demand for oilfield minerals

Keywords: Baker Hughes, oilfield minerals, frac sand, barytes, bentonite

Global oil and gas exploration rose 9% year on year in January 2012 as activity continued to expand in North America, according to data from oil services group Baker Hughes.

There were 3,751 rigs operating worldwide...

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