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Baker Hughes-US rig use up 16, Canada up 10

Sat May 17, 2008 12:52am IST
 
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Please be advised that Reuters will discontinue coverage of the
weekly North American rig count from Baker Hughes in June.
Clients can find the information on the Baker Hughes website:
here
Please contact Richard Valdmanis, RAM Energy Editor, at
646-223-6056 or via email at
richard.valdmanis@thomsonreuters.com with any questions or
comments.
 NEW YORK, May 16 (Reuters) - Drilling rig use rose in North
America by 26 units last week, oil services firm Baker Hughes
(BHI.N: Quote, Profile, Research) said.
 The following table summarizes the Baker Hughes report and
details the change on the previous week and year ago:
                 Total May 16       Pvs. Week     Year Ago
-------------------------------------------------------------
North America           1,994             +26         +129
Canada                    132             +10         +121
United States           1,862             +16         +118
--------------------------------------------------------------
Oil                       381             +20         +105
Gas                     1,471              -4           +5
Miscellaneous              10            UNCH           +2
Vertical                  958              -1          -37
Horizontal                528             +15         +151
Directional               376              +2           +4
--------------------------------------------------------------
Gulf of Mexico             66            UNCH           -8
--------------------------------------------------------------
For the complete report, double click on the following link:
here

 
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