Land Rig Pricing Power Returns In 2018 – H&P Is Raising Dayrates [Chart]

The US onshore value chain is firing on all cylinders in 2018. Not to be left out of the double digit inflation completions suppliers expect to enjoy this year, land drilling contractors with super spec rigs are pushing through their own pricing increases.

Check out our estimates for H&P’s high spec land rig spot dayrates through the cycle in this weekly rig count update.

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