RigData Insights

A+ Grade for Class D Rigs Last Month

  • Wednesday, June 7, 2017
  • Posted By Meagan Wildfong
A powerful surge in day rates for the preferred Class D (1,500-1,999 hp) rig nationwide propelled the US average day rate to a gain of +1.07% in May, ... Read More

Growth Continues as May U.S. Rig Count Increases 6% Over the Prior Month

  • Tuesday, June 6, 2017
  • Posted By Meagan Wildfong
Platts RigData, a forecasting and analytics unit of S&P Global Platts, today announced the U.S. rig count for May 2017 was 1,026, up 55 (6%) from Apri... Read More

Houston still world’s energy capital, BP exec says

  • Thursday, June 1, 2017
  • Posted By Meagan Wildfong
Despite the crash in oil prices and the loss of thousands of jobs, Houston remains the world’s energy capital, BP’s number two executive said on Wedne... Read More

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