US rig counts continue positive climb

By Kasia Patel
Published: Wednesday, 07 December 2016

Monthly rig counts were up in almost every region globally, while US rig counts showed positive growth for the fourth week running.

The latest figures from Baker Hughes show an increase in average rig counts in almost every region for November, with the exception of Latin America and the Middle East.

Overall, worldwide rig count rose by 58 from October to 1,678. Of these 1,443 was accounted for by land rigs and...

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