RigData Insights

Are the Big Rigs Headed for Revival?

  • Wednesday, February 28, 2018
  • Posted By Meagan Wildfong
Are the big rigs headed for revival? The available rig ratio hit zero across the board for the big rigs (2,000 hp+) last week—every single region had ... Read More

The dawn of a new year brings with it an improving outlook for US land rig day rates

  • Monday, February 26, 2018
  • Posted By Meagan Wildfong
The dawn of a new year brings with it an improving outlook for US land rig day rates.

The Rig Count: February 26, 2018

  • Monday, February 26, 2018
  • Posted By Meagan Wildfong
According to the Platts RigData Locations & Operators Report, the U.S rig count reported 1,029 rigs (-8).

How soon will electric vehicles make a significant dent in oil demand?

  • Wednesday, February 21, 2018
  • Posted By Meagan Wildfong
Khalid Al-Falih may be right when he claims the oil industry has nothing to fear from electric vehicles (EVs).

The Weekly Market Pulse

  • Tuesday, February 20, 2018
  • Posted By Meagan Wildfong
Spot prices for WTI crude are up 18%, or $10 per barrel, over the past 3 months.

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