RigData Insights

Continental & EOG Hold Steady With Their Rig Fleet

  • Thursday, April 14, 2016
  • Posted By Huggins Huggins
The US active land rig count continued to be decimated in Q1, reports RigData’s Land Rig Newsletter.

RigData 1Q 2016 Well Count Released

  • Monday, April 11, 2016
  • Posted By
The ongoing rig count collapse has slashed RigData’s quarterly well count by another -43%, or 1,577 wells, in the first quarter of 2016 vs. 4Q 2015.

US Land Rig Count Gains 15 Rigs

  • Monday, April 11, 2016
  • Posted By
US land rig count bounces back after months of decline. Up +15 from 417, to 432. Texas leads the way with 8 additional rigs this week.

US Land Rig Day Rate Decline Becomes Relentless

  • Thursday, April 7, 2016
  • Posted By
The relentless decline in US land rig day rates continues. Yet the US average day rate, aggregated across all rig classes and regions, eased its desce... Read More

Texas Approves 486 New Drilling Permits

  • Tuesday, April 5, 2016
  • Posted By
In the last 30 days, 486 permits to drill have been filed and approved in the state of Texas. Texas continues to be where the majority of drilling act... Read More

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