NORTH AMERICA

US rig rise felt most in Permian 

A RISING oil price has seen renewed activity in the US oil and gas sector, with the number of rigs deployed edging toward 1000, though offshore activity muted. 

James Bowen
Rising prices and “unique” resource contribute to increased Permian activity

Rising prices and “unique” resource contribute to increased Permian activity

The latest count from Baker Hughes found there were five more rigs in operation at the end of last week compared to the previous week, for a total of 995; this was in turn an increase of 186 on the same...

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