Industrial Minerals


Oil and gas exploration up 7% in June, says Baker Hughes

11 July 2012

by John Ollett

Iraqi data included for the first time in 22 years offsets monthly dip

Global oil and gas exploration rose by 7% year-on-year to 3,484 rigs for June 2012, according to data from oilfield services company Baker Hughes.

The Middle Eastern increase of 82 rigs since May 2012 was driven by the inclusion of 79...