H&P sees further US rig weakness

US rig owner Helmerich & Payne (H&P) is braced for a significant further drop in onshore rig activity in the US this quarter as it unveiled a small quarterly profit.

More barrenness: H&P braced for further fall in US onshore rig activity
More barrenness: H&P braced for further fall in US onshore rig activity
Published 28 January 2016, 11:24Updated 28 January 2016, 11:25
Americas