RigData Insights

Rigdata Insights

Land Rig Utilization Averages Over 65% in Q3

  • Friday, September 18, 2015
  • Posted By Unknown
US marketed land rig utilization has averaged slightly over 65% in Q3, the best quarter this year, according to the RigData News & Analysis team, writ... Read More
Rigdata Insights

Silver Lining In Oil Slump

  • Tuesday, September 8, 2015
  • Posted By Unknown
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
Rigdata Insights

LNG Export Capacity Expected To Grow By Half

  • Tuesday, September 1, 2015
  • Posted By Unknown
The best scenario for US natural gas producers would be a strong increase in demand—and that would be mainly from abroad.
Rigdata Insights

2Q Kicked Off By Continued Fall Of Land Rig Day Rates

  • Monday, August 31, 2015
  • Posted By Unknown
US land rig day rates have kicked off 2Q 2015 by continuing to probe the downside. So far, the bottom isn’t in sight, and the deterioration in rates s... Read More
Rigdata Insights

Did We Finally Hit Bottom?

  • Monday, August 31, 2015
  • Posted By Unknown
US land rig day rates apparently have hit bottom and are likely to remain in an extended trough for the rest of the year, according to RigData’s Day R... Read More

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