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The number of drilling rigs from the oil and gas industries at the lowest level in 17 years

The number of active drilling rigs and oil and gas companies outside of North America, as well as, since 2003, is lower than it has been. Notification to servic

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The number of drilling rigs from the oil and gas industries at the lowest level in 17 years

The number of active drilling rigs and oil and gas companies outside of North America, as well as, since 2003, is lower than it has been. Notification to service company Baker Hughes on Friday in its monthly review. The number came up in July to 743 units.

In the same month a year earlier, which was still at 1.165 ones. Of the 743 active drilling rigs outside of North America, there were 560 active in the country and the 183 pieces in the sea. The number of drilling rigs in the United States and Canada, including the total of to 1,030 units. A year earlier, there were throughout the world 2.238 drilling rigs operating in mid-July.

the Oil - and-gas drilling at this time, from the raw materials due to the drop in demand. As a result, a surplus is created, due to lower prices as a result. This is for a lot of companies will not be cost effective to have services to turn to, which is usually at a high cost, rented, or leased, should be made.

Especially in the Middle East, in July, a lot of services are frozen or cut up, as many of the countries in the region are members of the Organization of the petroleum exporting countries, Russia, and other producers, a production agreed upon.