RigData Insights

Rigdata Insights

Success of OPEC cut depends on how US producers respond

  • Thursday, February 16, 2017
  • Posted By Unknown
After a year of contentious negotiations that finally yielded a deal to cut a mere 1 percent of world oil production in a bid to prop up prices, the O... Read More
Rigdata Insights

Abandoned Texas oil wells seen as ‘ticking time bombs’ of contamination

  • Wednesday, February 15, 2017
  • Posted By Unknown
Peculiar things can happen after folks drill deep into the earth — looking for oil, water or whatever — and leave a bunch of holes in the ground.
Rigdata Insights

China’s independent refiners could get regulated away: Fuel for Thought

  • Monday, February 13, 2017
  • Posted By Unknown
China’s regulatory pendulum has swung from supporting independent refiners by encouraging competition and deregulation to favoring state-owned oil com... Read More
Rigdata Insights

Rig Counts Continue to Rise, Permit Counts Fall Just Slightly

  • Monday, February 13, 2017
  • Posted By Unknown
According to the RigData Locations & Operators Report, the U.S rig count increased to 821 rigs (+8). 59 rigs are waiting to spud and 313 rigs moved l... Read More
Rigdata Insights

Is the Cart Before the Horse?

  • Thursday, February 9, 2017
  • Posted By Unknown
A recent flurry of positive indicators in the US oil sector—notably current predictions of a boom in US crude oil exports this year—might be signs of ... Read More

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