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U.S. oil, gas production to grow without big increase in rigs, UBS says (BKR:NASDAQ)

Drilling rig with top drive system (<a href=TDS) in drilling operation.” width=”1536″ height=”1024″ data-caption=”Thank you for your assistant/iStock via Getty Images” data-id=”2277418996″ data-image-type=”Getty” data-original-src=”https://media.gettyimages.com/id/2277418996/photo/drilling-rig-with-top-drive-system-in-drilling-operation.jpg?b=1&s=612×612&w=0&k=20&c=G9NwhbhoPFlQU-lL0NNsshm7TR2-I6VGXtsvq_RHdTU=” data-source=”” data-type=”getty-image” fetchpriority=”high”>

Thank you for your assistant/iStock via Getty Images

U.S. oil and gas producers are finding ways to increase production without substantially expanding drilling activity, a trend that could keep the industry’s rig count relatively stable through 2027, according to a UBS research report on Wednesday.

Josh Silverstein, lead analyst

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