Carnage: U.S. Rig Count Drops Another 10 Rigs, M-U Picks Up 1 Rig

The rig count carnage continues. For the seventh week in a row and the 16th of the last 17 weeks, the U.S. active rig count lost rigs. A lot of rigs. Last week, the number decreased by 10 rigs after falling by 12 for the prior week. The total is now down to 632 active…

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