August 8, 2024

Venezuela’s Rig Count Officially Falls To Zero

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Venezuela no longer has any operational oil rigs after the last oilfield services firm that was still drilling for oil in the country holding the world’s largest crude oil reserves pulled its only rig out of service. As of June 2020, Venezuela had one operational rig, according to the monthly international rig count of Baker Hughes.  By Tsvetana Paraskova. Full Text-> Oil Price

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