RigData Insights

American Shale Companies' Rush to Hedge Is Turning the Oil Market Upside Down

  • Monday, December 5, 2016
  • Posted By Unknown
U.S. shale oil companies are using the post-OPEC rally to hedge their oil price risk for next year and 2018 above $50 a barrel, bankers, merchants and... Read More

US Land Rig Day Rates No Longer In Free Fall

  • Tuesday, December 6, 2016
  • Posted By Unknown
US land rig day rates last month achieved their best outcome—in terms of month-to-month (MtM) sequential change—in over a year,

OPEC has every incentive to make landmark oil deal work

  • Thursday, December 8, 2016
  • Posted By Unknown
Despite a checkered past with sticking to crude production cuts, there is a compelling case that OPEC and other key oil producers will rein in output ... Read More

Rig & Permit Counts Both Fall This Week

  • Monday, December 12, 2016
  • Posted By Unknown
According to the RigData Locations & Operators Report, the U.S rig count decreased to 688 rigs (-16)

Patterson-UTI & Seventy Seven Energy: Merger Analysis

  • Tuesday, December 20, 2016
  • Posted By Unknown
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




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