RigData Insights

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

  • Monday, December 7, 2015
  • Posted By Unknown
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

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.

Don't Expect Many Newbuilds In 2016

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

It's all a part of the show...

  • Tuesday, February 2, 2016
  • Posted By Unknown
Just like the ongoing political debates have made for good theater the current downturn in the global oil and gas markets have all the markings of a G... Read More

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




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