US drilling activity continues to outpace rest of the world

Published: Wednesday, 07 June 2017

The boom in US oilfield activity is not being matched by oil producers in other markets, the latest Baker Hughes rig numbers show

The divergence in fortunes between the oil and gas sector in North America and rest of the world is growing starker, as Middle Eastern drilling stagnates even as rig counts in the US soar.

In its latest monthly survey of international rig numbers, oilfield services group Baker Hughes saw the world...

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