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Oil Rigs in U.S. Climb as Shale Drillers Face OPEC Challenge

2014-12-06 18:29:00| Oil & Gas - Topix.net

The nation's crude explorers, engaged in a pricing war with the world's largest suppliers, defied predictions of a drilling slowdown and ran the most rigs since mid-November, boosting the U.S. count by three to 1,575, Baker Hughes Inc. said yesterday. Rigs targeting natural gas were unchanged at 344, the Houston- based field services company's website showed.

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