RigData Insights

Land Rig Day Rates Revealing Positive Changes

  • Monday, March 6, 2017
  • Posted By Meagan Wildfong
There is no better indicator of the rapid turnaround in the US land drilling business in the past few months than what has happened with land rig day ... Read More

Rig Count Remains Stable this Week

  • Monday, May 8, 2017
  • Posted By Meagan Wildfong
According to the Platts RigData Locations & Operators Report, the U.S rig count remained stable, staying at 1,001 rigs.

U.S. Land Rig Count Slowing but Still Growing

  • Monday, July 10, 2017
  • Posted By Meagan Wildfong
Platts RigData, a forecasting and analytics unit of S&P Global Platts, today announced the U.S. rig count for June 2017 was 1,055, up 29 (3%) from May... Read More

Monthly Trend is Up Even Though Recent Count Slips

  • Friday, July 14, 2017
  • Posted By Meagan Wildfong
Industry-watchers looking for the US land rig count’s trend to track with the falling price of oil received a little confirmation with the most recent... Read More

Rig count recovery could be flatter in the second half

  • Wednesday, July 19, 2017
  • Posted By Meagan Wildfong
The pattern for permit approvals for drilling new wells across the US is an upward trend, according to Platts RigData’s RADAR newsletter.

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