RigData Insights

Overall Review: Leading-edge day rates slightly down

  • Tuesday, April 26, 2016
  • Posted By
Overall Review: Leading-edge day rates at to slightly down. A total of 88% of surveyed contractors reported leading-edge day rates stabilized during t... Read More

Signs Of Things Getting Better For Land Rig Day Rates

  • Tuesday, May 10, 2016
  • Posted By
Although US land rig day rates continued to fall in April, there is a glimmer of hope that the bottom might be near.

The Effects of a Low Price Environment on Drilling Efficiency

  • Friday, May 27, 2016
  • Posted By Unknown
Technology advancements and innovative drilling methods have allowed oil and natural gas companies to reach more reserves while reducing environmental... Read More

A Positive in the Day Rate Decrease

  • Wednesday, November 2, 2016
  • Posted By Unknown
With only one region reporting a sequential decrease of -1% or more, this month saw the US average land rig day rate decline by -0.55%.

Big Rig Demand

  • Friday, December 2, 2016
  • Posted By Unknown
The US available rig ratio crept downward a bit more in November, another indicator of the gradually improving demand for rigs, with the ratio hoverin... Read More




Forgot your password?

Retrieve Your Password

Enter your email address and we will send you an email with instructions to reset your password.