Rig count figures indicate improvement in global oil and gas
By Kasia Patel
Published: Monday, 09 January 2017
The latest figures from Baker Hughes, one of North America's largest oilfield services providers, and the American Petroleum Institute, show that drilling activity is improving, particularly in the US, which could help strengthen demand for oilfield minerals such as frac sand and barite.
The latest figures from oilfield services provider Baker
Hughes Inc. and the American Petroleum Institute (API) indicate
further improvements in global and North American oil and gas
drilling activity.
According to December 2016 rig count figures released by Baker
Hughes today, international rig count increased by 4 to 929
rigs...