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

LNG Export Capacity Expected To Grow By Half

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

Policy Consideration Happening In North Dakota For DUC Wells. (Image)

  • Friday, September 18, 2015
  • Posted By Huggins Huggins
Nearly 1,000 wells in North Dakota drilled but uncompleted since January 2015, that state’s regulators are considering changing the 1 year must-comple... Read More

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

  • Monday, December 7, 2015
  • Posted By Huggins Huggins
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

Don't Expect Many Newbuilds In 2016

  • Monday, January 11, 2016
  • Posted By Huggins Huggins
Rig demand is so dismal today that drilling contractors are rejecting notions of ordering newbuild rigs or even implementing major refurbishments, acc... Read More

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