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Baker Hughes US oil rig count 310 vs 311 expected

Baker Hughes US oil rig count 310 vs 311 expected

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Adam Button
05/03/2021 | 18:03 GMT

Weekly oil drilling data from Baker Hughes

  • Prior was 309
  • Gas rigs 92 vs 92 prior

The message from so many oil companies is that they need to use free cash flow to pay down debt. Very few are trying to raise production.

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