US drilling activity continues to outpace rest of the world

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Published: Monday, 03 July 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 May survey of international rig numbers, oilfield services group Baker Hughes saw the world...

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