Rig count figures indicate oil and gas improvement

By Kasia Patel
Published: Thursday, 26 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 in early January, international rig count increased by 4 to...

This is a preview of the full article

  • 2 years pricing data on all minerals
  • The latest global news and features
  • Print magazine
  • Article archive ranging from 1988
  • Access on the move with IM Insight mobile app

Take a Trial or Subscription today. Start below: