RigData Insights

Work Volumes Expected to Increase During Next 6 Months

  • Tuesday, December 27, 2016
  • Posted By Unknown

DRFR Source: Platts RigData Day Rate Flash Report | December 16, 2016


More than 60% of surveyed drillers expect to put more rigs to work over the next 6 months, significantly more than the 25% of drillers who expressed the same sentiment in the prior survey.


Another 21% expect work volumes to remain unchanged from current levels, while 18% expressed uncertainty about the future outlook for work volumes.


For the second survey in a row, none of the drillers expect less work volume than current levels.


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