RigData Insights

Higher Horsepower and Higher Tech Rigs See Increased Demand

  • Tuesday, November 17, 2015
  • Posted By Huggins Huggins
With increased demand for greater horsepower, higher-tech drilling rigs in recent years, the average age of active rigs has decreased by 41% since 1Q ... 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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