RigData Insights

Positive News For Oil Supply And Demand

  • Tuesday, September 22, 2015
  • Posted By Huggins Huggins
Despite the biggest drop in active rig count since Q2, there is some positive news in mid-September on the oil supply/demand front...

Operator Strategies Favor Less Drilling, More Completions In Near Term

  • Tuesday, November 17, 2015
  • Posted By Huggins Huggins
As operators continue to press the envelope on optimizing their resources by high-grading drillable locations and leveraging vendor cost concessions, ... Read More

US active land rig count continues to probe for a new bottom.

  • Monday, December 21, 2015
  • Posted By Huggins Huggins
Much like the prices of oil and natural gas, the US active land rig count continues to probe for a new bottom.

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

Did you know that there are 40000 Active Permits?

  • Friday, March 11, 2016
  • Posted By
The cliché says that a picture says a thousand words. While I hope to not have to do that here, those that understand the concept of drilling permits ... Read More

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