Ugly…U.S. Rig Count Drops Another 5 Rigs, M-U Drops 2 More Rigs

It’s gettin’ ugly out there. For the fifth week in a row and the 14th in the last 15 weeks, the U.S. active rig count lost rigs. Last week the number decreased by ANOTHER five rigs, after falling five rigs the week before, and five the week before that–now down to 654 active rigs across…

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