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Friday, April 08, 2016

Baker Hughes total rig count 443 vs. 450 last week

Gas rigs at 89, up 1 on the week
Oil rigs down at 354, down 8 in the current week.
Oil is trading at $39.65 on the day, near high levels at $39.87.

The total rig count has not increased since August 2015 and is down nearly 1500 rigs since end of 2014.
 
 
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