RigData Insights

Rigdata Insights

Shale Drilling Revival Seen Taking Hold as Oil Price Recovers

  • Friday, September 30, 2016
  • Posted By Unknown
The biggest reboot of U.S. oil and gas rigs in two years will gain traction as higher prices prompt producers to resume investment in the most profita... Read More
Rigdata Insights

Permit Growth not Clear Indicator for Drilling Activity

  • Wednesday, September 28, 2016
  • Posted By Unknown
Alongside an uptick in the US active land rig count has been a gain in permitting activity, according to RigData’s RADAR Report.
Rigdata Insights

Don’t be Fooled by the Numbers, Eagle Ford Play is a Sleeping Giant

  • Tuesday, September 27, 2016
  • Posted By Unknown
The Eagle Ford shale oil patch has seen brighter days. New well permits are down, production is low (down from its 2015 peak of 1.7 million b/d, to ar... Read More
Rigdata Insights

Taking a Step Back: Rig and Permit Counts

  • Monday, September 26, 2016
  • Posted By Unknown
According to the RigData Locations & Operators Report, the U.S rig count dropped to 579, down 9 this week.
Rigdata Insights

Gluttonous Supply

  • Wednesday, September 21, 2016
  • Posted By Unknown
The US oil and gas supply glut isn’t going away anytime soon, and continued growth in the US rig count—as of last week, up +145 from the year’s trough... Read More

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