RigData Insights

Gulf of Mexico Oil Production Expected To Grow in 2017

  • Tuesday, March 29, 2016
  • Posted By
US Gulf of Mexico oil production is expected to grow to a record 1.9 million b/d by yearend 2017, adding to concerns over how long the global oil supp... Read More

Not A Good Day To Be A Rig Count

  • Monday, March 28, 2016
  • Posted By Huggins Huggins
RigData US rig count is 484 active rigs (down 26). 32 rigs are waiting to spud (down 9). 361 drilling permits were issued (down 28).

Weekly Market Pulse - RigData News & Analysis

  • Friday, March 25, 2016
  • Posted By
The recent rebound in oil prices notwithstanding, the glut is still very much with us. The EIA estimated that crude stocks climbed by 9.4 million bbl ... Read More

Drillers Cite Layoffs As Top Method To Cope With Downturn

  • Wednesday, March 23, 2016
  • Posted By
According to a recent survey conducted for RigData’s Land Rig Newsletter, pay cuts, employee layoffs, and even more day rate price concessions were me... Read More

RigData U.S. Rig Count Drops (-6) to 510

  • Monday, March 21, 2016
  • Posted By Huggins Huggins
RigData US rig count is 510 active rigs (down 6). 41 rigs are waiting to spud (down 11). 143 rigs moved last week and 389 drilling permits were issued... Read More

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