RigData Insights

US Rig Count Drops -20 to 468

  • Monday, April 18, 2016
  • Posted By
RigData US rig count took a hit this week, down (-20) from 488 to 468. US Permit Count also down, (-72) to 445.

Continental & EOG Hold Steady With Their Rig Fleet

  • Thursday, April 14, 2016
  • Posted By Unknown
The US active land rig count continued to be decimated in Q1, reports RigData’s Land Rig Newsletter.

RigData 1Q 2016 Well Count Released

  • Monday, April 11, 2016
  • Posted By
The ongoing rig count collapse has slashed RigData’s quarterly well count by another -43%, or 1,577 wells, in the first quarter of 2016 vs. 4Q 2015.

US Land Rig Count Gains 15 Rigs

  • Monday, April 11, 2016
  • Posted By
US land rig count bounces back after months of decline. Up +15 from 417, to 432. Texas leads the way with 8 additional rigs this week.

US Land Rig Day Rate Decline Becomes Relentless

  • Thursday, April 7, 2016
  • Posted By
The relentless decline in US land rig day rates continues. Yet the US average day rate, aggregated across all rig classes and regions, eased its desce... Read More




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