RigData Insights

Did We Finally Hit Bottom?

  • Monday, August 31, 2015
  • Posted By Unknown
US land rig day rates apparently have hit bottom and are likely to remain in an extended trough for the rest of the year, according to RigData’s Day R... Read More

Gulf Coast Registers Smallest Sequential Decline in Day Rate

  • Monday, August 31, 2015
  • Posted By Unknown
The sequential change in the Gulf Coast average day rate improved somewhat in July vs. its June result, as this smallest of the major reporting region... Read More

Number Of Available Rigs Continue To Fall

  • Tuesday, July 21, 2015
  • Posted By Unknown
The number of available rigs continues to fall, perhaps easing some of the downward pressure on driller day rates, according to RigData’s RADAR Report... Read More

Worrisome Signs Ahead For US Land Rig Count

  • Tuesday, July 14, 2015
  • Posted By Unknown
There are worrisome signs ahead for the US active land rig count, despite the tally recently gaining momentum 2 weeks in a row, according to RigData’s... Read More

"Head Faked" By Rig Count Bottoming Out

  • Tuesday, June 30, 2015
  • Posted By Unknown
The apparent bottoming out of the active rig count through mid-June now seems to be a “head fake,” according to RigData analysts, writing in the lates... Read More

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