RigData Insights

1.2 Million Dollar Cost Savings Per Well In 2015

  • Tuesday, May 12, 2015
  • Posted By Unknown
While the unit costs for oilfield services, supplies, and equipment are leading the overall price tag of a well to decline vs. a year ago, the complex... Read More

Land Rig Day Rates Fall Sharply

  • Tuesday, April 28, 2015
  • Posted By Unknown
Land rig day rates have fallen sharply this year—no surprise, given plunging rig counts and a grim near-term oil price outlook. But there are still mi... Read More

Backlogged Completions Likely To Grow

  • Tuesday, April 21, 2015
  • Posted By Unknown
There are widespread expectations for US oil production falling in the months to come, thus bolstering oil prices again before year end. But according... Read More

Horizontal Rig Count Takes Hit

  • Tuesday, April 14, 2015
  • Posted By Unknown
Until recently, the hardest-hit drilling markets were those hosting proportionally more shallow, vertical wells.

Despite OPEC, US Unconventional Plays Holding Strong

  • Tuesday, April 7, 2015
  • Posted By Unknown
Despite all the talk about OPEC trying to shut down North America’s unconventional drilling boom, unconventional plays are still hanging in there, acc... Read More

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