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U.S. Gulf of Mexico share of global active offshore rigs declines since 2000

In response to the decline in crude oil prices since mid-2014, the number of active offshore rigs has declined worldwide, dropping close to 20%—304 offshore rigs were operating in August 2015, down from 377 in August 2014. During this period, the number of active offshore rigs in the U.S. Gulf …read more

Source:: TODAY IN ENERGY