PRICE QUESTIONS COOL INTERNATIONAL DRILLING

International drilling will increase in 1990 as activity catches up with last year's crude oil price gains. But the increase will be modest because of lingering price uncertainty. Oil & Gas Journal projects the average active rig count outside the U.S. and Canada at 940-950, compared with an estimated 923 in 1989. Last year's tally was down from 1,023 in 1988, a year of price weakness. Some drilling increase seems inevitable after last year's price strength. Indeed, oil companies

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