US drilling activity surges despite falling oil price
Published: Monday, 26 June 2017
There seems to be no let up in the pace of well drilling in the US, even with prices well below $50/bbl.
US drilling activity continues to
accelerate despite the falling oil price, as oilfield services
company Baker Hughes reports the number of active rigs in North
America up for 23 weeks in a row.
The benchmark West Texas...