RigData Insights

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
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

Demand For Land Rigs Continues To Scrape Bottom

  • Monday, January 4, 2016
  • Posted By Unknown
Demand for land rigs continues to scrape bottom and remains at near-time lows, with no marked improvements in rig wait lists, bid requests, or work ba... Read More
Rigdata Insights

Helmerich & Payne Remains #1 Drilling Contractor

  • Wednesday, February 3, 2016
  • Posted By Unknown
Drillers best weathering the downturn seem to be those with a relatively strong focus on a play or region—in particular those concentrated on natural ... Read More
Rigdata Insights

New All-Time Low Rig Count Grows Imminent

  • Tuesday, February 23, 2016
  • Posted By
The prospect of a new all-time low in the US land rig count grows imminent, according to RigData’s RADAR Report.

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