US oil, gas rig count falls by nine as gas-focused drilling slows

The US oil and gas drilling rig count fell nine to 863 in the week ended Dec. 21, S&P Global Commodity Insights data showed Dec. 22. An eight-rig slide in the number of gas-focused drilling rigs to 184 comprised the bulk of the weekly decline, while the number of rigs chasing primarily oil dipped one to 679. Most of these…

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