Rig utilisation in the deep-water Gulf of Mexico has slumped by 43% since the highs reached in late 2001. The US Minerals Management Service (MMS), the agency which governs offshore activity, touted ...
The overall US rig count dropped to 258 units for the week ended July 10, down 5 units from last week, according to Baker Hughes data. Rigs drilling for oil were down 4 units to 181 compared with last ...