RigData Insights

It's all a part of the show...

  • Tuesday, February 2, 2016
  • Posted By Huggins Huggins
Just like the ongoing political debates have made for good theater the current downturn in the global oil and gas markets have all the markings of a G... Read More

Overstating The Obvious -- Who Can You Trust?

  • Monday, February 1, 2016
  • Posted By Huggins Huggins
When it comes to reporting crude production (after presenting similar Texas monthly volumes for years), the Railroad Commission of Texas (TX RRC) and ... Read More

Anadarko Woodford and Arkoma Woodford each increased well counts by +18%

  • Wednesday, January 13, 2016
  • Posted By Huggins Huggins
The number of new wells US operators drilled onshore fell by half in 2015 vs. 2014, in line with the YOY decline in rig count, according to the RigDat... Read More

Don't Expect Many Newbuilds In 2016

  • Monday, January 11, 2016
  • Posted By Huggins Huggins
Rig demand is so dismal today that drilling contractors are rejecting notions of ordering newbuild rigs or even implementing major refurbishments, acc... Read More

Demand For Land Rigs Continues To Scrape Bottom

  • Monday, January 4, 2016
  • Posted By Huggins Huggins
Demand for land rigs continues to scrape bottom and remains at near-time lows, with no marked improvements in rig wait lists, bid requests, or work ba... Read More

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