RigData Insights

Land Rig Utilization Averages Over 65% in Q3

  • Friday, September 18, 2015
  • Posted By Huggins Huggins
US marketed land rig utilization has averaged slightly over 65% in Q3, the best quarter this year, according to the RigData News & Analysis team, writ... Read More

Floor Hands Take Hardest Hit In 2015 Downturn

  • Monday, December 14, 2015
  • Posted By Huggins Huggins
Drilling contractors in all regions cut wages in each category of rig worker this year, according to the Land Rig Newsletter.

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

Helmerich & Payne Remains #1 Drilling Contractor

  • Wednesday, February 3, 2016
  • Posted By Huggins Huggins
Drillers best weathering the downturn seem to be those with a relatively strong focus on a play or region—in particular those concentrated on natural ... Read More

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