RigData Insights

Rigdata Insights

Drilling Efficiency Beginning To Suffer

  • Tuesday, March 17, 2015
  • Posted By Unknown
Drilling efficiency is beginning to suffer due to dramatically reduced drilling activity, according to RigData’s RADAR Report. On a new wells drilled ... Read More
Rigdata Insights

Silver Lining In Oil Slump

  • Tuesday, September 8, 2015
  • Posted By Unknown
Despite the steep drops in oil prices and rig counts, improved rig efficiencies, expanded geological knowledge, and growth in multiple-well pad drilli... Read More
Rigdata Insights

Operator Strategies Favor Less Drilling, More Completions In Near Term

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

Higher Horsepower and Higher Tech Rigs See Increased Demand

  • Tuesday, November 17, 2015
  • Posted By Unknown
With increased demand for greater horsepower, higher-tech drilling rigs in recent years, the average age of active rigs has decreased by 41% since 1Q ... Read More
Rigdata Insights

US active land rig count continues to probe for a new bottom.

  • Monday, December 21, 2015
  • Posted By Unknown
Much like the prices of oil and natural gas, the US active land rig count continues to probe for a new bottom.

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