RigData Insights

Operator Strategies Favor Less Drilling, More Completions In Near Term

  • Tuesday, November 17, 2015
  • Posted By Huggins Huggins
As operators continue to press the envelope on optimizing their resources by high-grading drillable locations and leveraging vendor cost concessions, ... Read More

The Good, the Bad and the Market

  • Tuesday, November 8, 2016
  • Posted By Meagan Wildfong
According to Platts RigData, the US land rig count and well count are both up, and the so-called fracklog—or backlog of DUCs—is gradually being worked... Read More

Potential Oil Output Growth Belies Rig and Well Count Gains

  • Monday, June 4, 2018
  • Posted By Greg Tsichlis
Many observers are wondering, with oil prices topping $70/bbl and flirting with $80/ bbl, why aren’t US producers drilling more wells to capitalize on... Read More

Rig Counts and How They Don't Stack Up to Rising Crude Prices

  • Monday, June 4, 2018
  • Posted By Greg Tsichlis
During the last 12 months, the price of WTI has surged up by 56%/bbl, while the change in the rig count has only crawled forward, up 8% vs. year ago l... Read More

Oil DUCs Relatively Flat in 2018 But Ticking Higher in Recent Months

  • Thursday, February 21, 2019
  • Posted By Greg Tsichlis
DUCs in the Permian and DUCs in the non-Permian shale exhibit very different behaviour.

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