RigData Insights

Rigdata Insights

Operator Capex vs U.S. Land Rig Count

  • Tuesday, December 22, 2015
  • Posted By Unknown
In addition to the often-cited strong relationship between WTI crude prices and the US land rig count, there is a similar robust correlation between o... Read More
Rigdata Insights

US active land rig count continues to probe for a new bottom.

  • Monday, December 21, 2015
  • Posted By Unknown
Much like the prices of oil and natural gas, the US active land rig count continues to probe for a new bottom.
Rigdata Insights

Floor Hands Take Hardest Hit In 2015 Downturn

  • Monday, December 14, 2015
  • Posted By Unknown
Drilling contractors in all regions cut wages in each category of rig worker this year, according to the Land Rig Newsletter.
Rigdata Insights

1,500hp AC Rigs Continue To Be Drilling Rig Of Choice For Unconventional Plays

  • Monday, December 7, 2015
  • Posted By Unknown
The rig type favored in unconventional plays—1,500 hp AC rigs—continues to mark significant efficiency gains vs. other rig types amid a downturn, acc... Read More
Rigdata Insights

Higher Horsepower and Higher Tech Rigs See Increased Demand

  • Tuesday, November 17, 2015
  • Posted By Unknown
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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