RigData Insights

OPEC’s Last Cut Shows Oil Market Could Get a Whole Lot Messier

  • Monday, November 28, 2016
  • Posted By Meagan Wildfong
Anyone planning to trade the outcome of this week’s OPEC meeting might consider the lessons of the group’s last production cut.

Thanksgiving Week Rig and Permit Counts

  • Monday, November 28, 2016
  • Posted By Meagan Wildfong
According to the RigData Locations & Operators Report, the U.S rig count increased to 697 rigs (+22).

Permian Reigns in Gains

  • Tuesday, November 22, 2016
  • Posted By Meagan Wildfong
The Permian Basin’s unconventional oil plays have driven most of the gains in the US active land rig count, with the region now accounting for 40% of ... Read More

End of downturn at hand? Operators’ behavior suggests so

  • Monday, November 21, 2016
  • Posted By Meagan Wildfong
The way US E&P operators are adding rigs, planning activity ramp-ups, preparing to raise capex and looking forward to renewed production growth in 201... Read More

Rig Count and Permit Count Continue to Climb

  • Monday, November 21, 2016
  • Posted By Cindy Williams
According to the RigData Locations & Operators Report, the U.S rig count grew to 675 rigs (+12).

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