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...

Legal Notice