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Global Land Drilling Rigs Tracker Blog Post

Each month Westwood’s onshore team provides a global update on land drilling rig supply, with data sourced from and analysed using, Global Land Rigs.

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Global Land Rigs Newsletter – 1Q 2022 Blog Post

The key story of the last three months has been the rapid rise in oil and gas prices following Russia’s invasion of Ukraine. In December 2021, Brent oil prices averaged $74 a barrel, and by March 2022 they averaged $118, highlighting just how dramatic an impact the invasion had on global prices.