RigData Insights

Analysis of US EIA Oil Inventories

  • Wednesday, March 22, 2017
  • Posted By Meagan Wildfong
Crude oil inventories grew by just shy of 5 million barrels in the week ending March 17th.

Marathon Oil to buy Permian Basin acreage for $700 million

  • Tuesday, March 21, 2017
  • Posted By Meagan Wildfong
Marathon Oil Corp. says it will pay $700 million for 21,000 net acres in the Northern Delaware Basin in New Mexico, its second deal in the region in l... Read More

Q1 Permit Filings Reveal Growth

  • Monday, March 20, 2017
  • Posted By Meagan Wildfong
Permits are the leading indicator of drilling activity and the first quarter of this year shows significant growth over late last year in permit filin... Read More

Rig Count Fell Just Slightly, as Permit Count Plummets

  • Monday, March 20, 2017
  • Posted By Cindy Williams
According to the RigData Locations & Operators Report, the U.S rig count fell to 891 rigs (-3).

Brent Crude Oil Volatility: March Outlook

  • Tuesday, March 14, 2017
  • Posted By Meagan Wildfong
Analyst Vito Turitto looks at how uncertainty in the fundamental markets, increased US shale oil production and a drop in OPEC output have all played ... Read More

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