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Gold/Mining/Energy : Strictly: Drilling and oil-field services -- Ignore unavailable to you. Want to Upgrade?


To: Teddy who wrote (18265)4/7/1998 1:07:00 AM
From: Czechsinthemail  Respond to of 95453
 
Teddy,

Maybe I'm missing something, but the Baker Hughes figures for Offshore Drilling seem to indicate +6 compared to a week ago and +8 compared to a year ago.

The Offshore Data seems to indicate a continuing 96.0% utilization even with a new rig coming into the Gulf. It certainly doesn't look like a glut of uncontracted rigs to me.

Baird