RigData Insights

Horizontal Rig Count Takes Hit

  • Tuesday, April 14, 2015
  • Posted By Unknown
Until recently, the hardest-hit drilling markets were those hosting proportionally more shallow, vertical wells.

Land Rig Day Rates Fall Sharply

  • Tuesday, April 28, 2015
  • Posted By Unknown
Land rig day rates have fallen sharply this year—no surprise, given plunging rig counts and a grim near-term oil price outlook. But there are still mi... 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.

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

Continental & EOG Hold Steady With Their Rig Fleet

  • Thursday, April 14, 2016
  • Posted By Huggins Huggins
The US active land rig count continued to be decimated in Q1, reports RigData’s Land Rig Newsletter.

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