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US shale drilling gets revival as oil prices start to climb

Friday, September 30, 2016 - 05:50

New York

THE biggest reboot of US oil and gas rigs in two years will gain traction as higher prices prompt producers to resume investment in the most profitable plays, according to a report by Platts RigData.

Demand for land rigs will rise 29 per cent next year to 579, the S&P