Industrial Minerals


Oil and gas exploration up 6% year on year, says Baker Hughes

07 June 2012

by Siobhan Lismore

US leads global rig count, growing 7.6% year on year; Canada slides lower

Keywords: oil rig, exploration, gas, Baker Hughes, oilfield minerals

Global oil and gas exploration has risen 6% year on year, led by an increase in US exploration, data from oil services group Baker Hughes showed today.

The average US rig count was at 1,977, up 16 from April and up 141 from May last...