RigData Insights

End of downturn at hand? Operators’ behavior suggests so

  • Monday, November 21, 2016
  • Posted By Meagan Wildfong
The way US E&P operators are adding rigs, planning activity ramp-ups, preparing to raise capex and looking forward to renewed production growth in 201... Read More

As oil and gas services companies report financial results, questions loom

  • Monday, May 1, 2017
  • Posted By Meagan Wildfong
The U.S. oil and gas industry started the year by rushing back into the field to take advantage of a bump in oil prices.

Using Release-to-Completion Time to Measure OFS Efficiency

  • Thursday, October 24, 2019
  • Posted By Greg Tsichlis
The release-to-completion time is the number of days between a rig leaving a wellsite to when the well is hydraulically stimulated . . .

WPX Lowers Bakken Well Costs, Outperforming 2018

  • Thursday, November 7, 2019
  • Posted By Greg Tsichlis
WPX believes its Williston Basin economics are the best in the basin. Its current well costs for 2-mile laterals, including drilling, completions, fac... Read More

Chesapeake Reaches Oil Production Record at Brazos Valley

  • Thursday, November 14, 2019
  • Posted By Greg Tsichlis
Chesapeake Energy continues to make improvements in its Brazos Valley operations. Well costs are down 21% . . .

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