Overall rig count falls by two
By Richard Rostad, analyst, Oil & Gas 360

International drilling activity declined slightly in January, but remains near post-downturn highs, according to Baker Hughes.

A net two rigs came offline in January, bringing the international total to 1,023 rigs. Operations shifted significantly in favor of offshore drilling, as nine land-based rigs have shut down while seven offshore rigs came online in the month. This continues the shift seen last month, the overall international offshore rig count has jumpe...


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