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Gold/Mining/Energy : Strictly: Drilling and oil-field services

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To: Mike from La. who wrote (37513)2/13/1999 12:05:00 PM
From: The Ox  Read Replies (4) of 95453
 
Ok, we know that the rig count is substantially lower. My question is how much more productive are today's rigs over those from the 80s? We know that technology has provided efficiency gains, can someone quantify those gains? Are today's rigs 4 times more efficient then those of the past?
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