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    Headline News

    Plummeting Land Rig Day Rates Eased Their Decline Rate In January

    As of the end of January, the average US land rig day rate, aggregated across all rig horsepower classes and all regions, was $15,588, the lowest it’s been since 2Q 2010.

    Using RigData For Market Intelligence

    Various extraction industries such as mining or oil and gas (O&G) drilling are all: labor, capital and risk intensive. O&G specifically requires extensive investments to be made far in advance...



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