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U.S. oil exploration sharply higher with $50 bbl Oil

Platts RigData, a forecasting and analytics unit of S&P Global Platts, today announced the U.S. rig count for March 2017 was 901, up 67 (8%) from February 2017, and up 391 (77%) from March 2016.

This rig count includes U.S. onshore, U.S. inland waters, and U.S. offshore Gulf of Mexico drilling rigs.

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