The current day rate recovery will likely level off somewhat in the months to come, given the continuing fragility of the oil and gas commodity price recovery. But the average day rate for a US land rig will be higher than it had been historically. That's because the Class D rigs, which account for 69% News and Analysis RigData continues to lead the industry in providing critical metrics and analysis of onshore drilling activity and rig fleet trends that help industry stakeholders - operating company managers, drilling contractors, service/supply firms, financial analysts, investors and consultants - sharpen their strategies. IHS Petrodata Weekly Rig Count provides reliable offshore oil rig data by major regions and globally, updated each Friday. Customer Logins Obtain the data you need to make the most informed decisions by accessing our extensive portfolio of information, analytics, and expertise. The oilfield industry's trusted source for current and historical rig data, including: rig count, drilling permits, drilling activity, and drilling rig locator. The rig tables provide current minimum, maximum and average rig dayrates for drillships, semisubs, jackups and tender rigs. The data below focuses on the marketed rig fleet and excludes assets that are under construction, retired, destroyed, deemed non-competitive or cold stacked. Worldwide
5 Sep 2018 Want access to the trading data behind our news coverage? Subscribers Rig utilization rates also are slowly but steadily improving. The total Day rates are the rates a drilling contractor receives for a drilling rig from an oil company, or operator. Oil companies and contractors will typically agree on a
a comprehensive review of its Offshore drilling operations and cost under the then existing day rate contracts for the three offshore jack-up rigs under hire. 12 Sep 2019 But the improvement to the offshore drilling market has been much slower than anticipated, weighing on an industry with too many rigs and too
The rig database is a valuable tool for the E & P industry as it provides hard-to-find information on the name of the rig deployed, the ongoing day rate, name of the owner and operator along with well and field data. Drilling efficiency, for example, can be assessed by looking at well depth and time taken to drill to such depth. The current day rate recovery will likely level off somewhat in the months to come, given the continuing fragility of the oil and gas commodity price recovery. But the average day rate for a US land rig will be higher than it had been historically. That's because the Class D rigs, which account for 69% News and Analysis RigData continues to lead the industry in providing critical metrics and analysis of onshore drilling activity and rig fleet trends that help industry stakeholders - operating company managers, drilling contractors, service/supply firms, financial analysts, investors and consultants - sharpen their strategies. IHS Petrodata Weekly Rig Count provides reliable offshore oil rig data by major regions and globally, updated each Friday. Customer Logins Obtain the data you need to make the most informed decisions by accessing our extensive portfolio of information, analytics, and expertise. The oilfield industry's trusted source for current and historical rig data, including: rig count, drilling permits, drilling activity, and drilling rig locator. The rig tables provide current minimum, maximum and average rig dayrates for drillships, semisubs, jackups and tender rigs. The data below focuses on the marketed rig fleet and excludes assets that are under construction, retired, destroyed, deemed non-competitive or cold stacked. Worldwide
RigData's Day Rate Report is a monthly publication that contains details on rig rates and commentary on trends in the U.S. land rig market. The report is entirely based on the information gathered from comprehensive quarterly industry surveys and coupled with in-depth analysis by RigData. Constructed with information from rig operators and owners worldwide, offshore rig day rate data is the most accurate information of its type available from any source. Offshore Rig Day Rate Trend Coverage. IHS Markit can provide current and historical day rates for all offshore rig categories worldwide. Data from the Federal Reserve Bank of Dallas recently turned negative for employment in the oil patch. The drop during July equates to approximately 1 Rig Activity, Oil & Gas Inventories, and Commodity Prices. Rig counts, drilling activity, oil and gas inventories and commodity prices in this week's issue of RADAR.