RigData Insights

US gas producers have doubled market share in power sector since 1990

  • Monday, December 12, 2016
  • Posted By Meagan Wildfong
The US oil and gas industry stands poised to expand the natural gas share of the nation’s electric power mix of fuels under the current administration... Read More

Patterson-UTI & Seventy Seven Energy: Merger Analysis

  • Tuesday, December 20, 2016
  • Posted By Meagan Wildfong
Unraveling the details of the $1.76 billion merger of Patterson-UTI (PTEN) and Seventy Seven Energy (SVNT) oilfield services companies yields insights... Read More

Private Companies Prove Resilience

  • Wednesday, January 11, 2017
  • Posted By Meagan Wildfong
Over the years large-cap operators have held the majority share of all active rigs in the US, followed by private operators. However, private companie... Read More

Horizontal Rigs Market Share Hit Record High in 2016

  • Wednesday, January 18, 2017
  • Posted By Platts RigData
A strong example of how fundamentally oil and gas drilling has been transformed by the unconventional resource revolution is a new record market share... Read More

Why Drilling Efficiencies are Inefficient

  • Wednesday, January 25, 2017
  • Posted By Meagan Wildfong
January 2017 marks the first month to post a year-over-year increase in average land rig count since the downturn began.

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