Patterson reports second straight month of increased drilling activity

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Patterson-UTI Energy, Inc., reported an increase in average drilling rigs in the U.S. for the second straight month.
In November, the company had an average of 65 rigs operating in the U.S. and two in Canada.
In October, the company reported an average of 63 rigs operating in the U.S. and two in Canada.
In November 2015, Patterson had an average of 89 rigs operating in the U.S. and three in Canada.
In October and November this year, Patterson had an average of 64 drilling rigs operating in the U.S. and two rigs in Canada. Over the same time period in 2015, the company had an average 91 rigs operating in the U.S. and four in Canada.
Average drilling rigs operating represent the average number of drilling rigs that were operating under a drilling contract.