US drilling activity hits three-year high

Published: Thursday, 29 March 2018

The US rig count is at a three-year high, with demand painting a positive picture for oilfield mineral pricing.

The total number of rigs actively drilling for petroleum products in the United States is at its highest for almost three years, according to oilfield services company Baker Hughes.

According to rig count data released on March 16, the total number of active rigs went up...

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