DRILLING INCREASES ANTICIPATED IN U.S. AND WESTERN CANADA

G. Alan Petzet Exploration Editor Robert J. Beck Economics Editor Oil and gas drilling in the U.S. will pick up slightly in second half 1993. Meanwhile, drilling in western Canada is up sharply in response to growing U.S. demand for Canadian natural gas. Oil & Gas Journal estimates overall oil and gas revenues at the wellhead in the U.S. at $82.4 billion this year, up 7.8% from revenues in 1992. The U.S. rig count through first half 1993 averaged 684 rigs/week, 4% higher than the average for

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