RigData Insights

Progress Continues Despite Downturn

  • Tuesday, November 15, 2016
  • Posted By Meagan Wildfong
According to Platts RigData, US land rig operators and drillers have continued to make progress in drilling efficiency despite the industry downturn.

New Year, New Gains in Land Rig Day Rates

  • Thursday, February 2, 2017
  • Posted By Meagan Wildfong
US land rig day rates on average—aggregated across all rig classes and all regions—rocketed up by 2% in January, reported the January issue of Platts ... Read More

U.S. Rig Count Grows 107% Year-Over-Year in April

  • Wednesday, May 3, 2017
  • Posted By Meagan Wildfong
Platts RigData, a forecasting and analytics unit of S&P Global Platts, today announced the U.S. rig count for April 2017 was 971, up 70 (8%)

The Big Stall

  • Wednesday, August 30, 2017
  • Posted By Meagan Wildfong
The US active land rig count’s “Big Stall” drags on. The latest tally is a -0.7% sequential drop, which in itself would scarcely be worth noting if it... Read More

The Big Slide

  • Tuesday, September 26, 2017
  • Posted By Meagan Wildfong
Is the US land rig count’s “Big Stall” turning into the “Big Slide”? The Platts RigData News & Analysis team recently coined the former term as a way ... Read More

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