Rig count falls to lowest since 2017 as prices stay stuck in ‘purgatory’

Workers make a pipe connection on the drill string on the Orion Perseus drilling rig near Encinal in Webb County, Texas, U.S. Photographer: Eddie Seal/Bloomberg
Workers make a pipe connection on the drill string on the Orion Perseus drilling rig near Encinal in Webb County, Texas, U.S. Photographer: Eddie Seal/Bloomberg

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