RigData Insights

Harvey makes landfall in Texas, but drilling returns remain strong

  • Wednesday, September 20, 2017
  • Posted By Meagan Wildfong
Despite devastating weather that sent energy market participants into a frenzy, the average of the 12-month forward curve for WTI remained flat month ... Read More

Shale producers pumping more oil despite Hurricane Harvey's impact on Eagle Ford

  • Tuesday, September 19, 2017
  • Posted By Meagan Wildfong
U.S. shale drillers are expected to pump more oil this month even though Hurricane Harvey crimped output in the Eagle Ford Shale in South Texas.

The Ups and Downs of Counts Continue

  • Monday, September 18, 2017
  • Posted By Meagan Wildfong
According to the Platts RigData Locations & Operators Report, the U.S rig count reported 1,036 rigs (-21).

Seadrill files for bankruptcy in effort to shrink debt burden

  • Wednesday, September 13, 2017
  • Posted By Meagan Wildfong
Seadrill Ltd., the offshore driller controlled by billionaire John Fredriksen, filed for bankruptcy protection after working out a deal with almost al... Read More

Steady Counts Remain Story

  • Monday, September 11, 2017
  • Posted By Meagan Wildfong
According to the Platts RigData Locations & Operators Report, the U.S rig count reported 1,057 rigs (+3).

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