Oil-directed rigs accounted for most of the sharp increase in the drilling rig count in Canada during the week ended Jan. 10.

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The global oil rig count fell by 79 year-on-year (YoY), reaching 1,660 rigs in December 2024, according to data from Baker ...

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The Odessa American is the leading source of local news, information, entertainment and sports for the Permian Basin.

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Baker Hughes reports U.S. rig count at 589 for the fourth week, reflecting a steady but narrow drilling trajectory.