RigData Insights

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
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

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
Rigdata Insights

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
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

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