RigData Insights

Rig and Permit Counts Take a Jump

  • Monday, July 17, 2017
  • Posted By Meagan Wildfong
According to the Platts RigData Locations & Operators Report, the U.S rig count increased to 1,065 rigs from last week (+24).

Monthly Trend is Up Even Though Recent Count Slips

  • Friday, July 14, 2017
  • Posted By Meagan Wildfong
Industry-watchers looking for the US land rig count’s trend to track with the falling price of oil received a little confirmation with the most recent... Read More

Gasoline and gold, ethanol and aluminum, post price gains in June: Of Presidents and Prices

  • Wednesday, July 12, 2017
  • Posted By Meagan Wildfong
The S&P Global Platts commodities price watch during President Donald Trump’s term recently wrapped up its first five months, and the price averages s... Read More

Monster oil rigs draw attention in Texas for faster drilling

  • Tuesday, July 11, 2017
  • Posted By Meagan Wildfong
Oil companies are shelling out more cash and signing long contracts for a limited supply of monster rigs that drill wells much faster than the older m... Read More

U.S. Land Rig Count Slowing but Still Growing

  • Monday, July 10, 2017
  • Posted By Meagan Wildfong
Platts RigData, a forecasting and analytics unit of S&P Global Platts, today announced the U.S. rig count for June 2017 was 1,055, up 29 (3%) from May... Read More

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