Oil and gas drilling rebounds

By Mark Watts
Published: Thursday, 08 April 2010

Monthly rig count jumps 24% signalling higher demand for oilfield minerals

Global oil and gas exploration has been steadily increasing against 2009 levels, rising 24% in March 2010 to drive stronger demand for oilfield minerals.

The number of rotary rigs operating worldwide in March 2010 was recorded at 2,879, up from 2,313 in the...

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