RigData Insights

Silver Lining In Oil Slump

  • Tuesday, September 8, 2015
  • Posted By Huggins Huggins
Despite the steep drops in oil prices and rig counts, improved rig efficiencies, expanded geological knowledge, and growth in multiple-well pad drilli... Read More

Operator Strategies Favor Less Drilling, More Completions In Near Term

  • Tuesday, November 17, 2015
  • Posted By Huggins Huggins
As operators continue to press the envelope on optimizing their resources by high-grading drillable locations and leveraging vendor cost concessions, ... Read More

Higher Horsepower and Higher Tech Rigs See Increased Demand

  • Tuesday, November 17, 2015
  • Posted By Huggins Huggins
With increased demand for greater horsepower, higher-tech drilling rigs in recent years, the average age of active rigs has decreased by 41% since 1Q ... Read More

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