Last week, three large land drilling contractors hosted quarterly conference calls. Their pricing commentary was an echo chamber of positivity, which is not terribly surprising with $68 WTI and the US onshore rig count moving up in 12 out of the 17 weeks so far this year.
There’s a lot more to this story…
Login to see the full update…
Members get:
- Exclusive research update newsletters
- High-caliber, data-driven analysis and boots-on-the-ground commentary
- New angles on stories you’ll only find here
- No advertisements, no noise, no clutter
- Quality coverage, not quantity that wastes your time
- Downloadable data for analysts
Contact us to learn about signing up! [email protected]
feature image is a thumbnail of our drilling rig photo of the week from social media:
I still remember my first day on a rig years ago. Chaining out wet. I was scared to death. The industry has changed so much in such a short time. I get a bit nostalgic when I see a Big Dog rig on the horizon.
121 Likes, 11 Comments – Erik Wayne Anderson (@killadrilla1) on Instagram: “I still remember my first day on a rig years ago. Chaining out wet. I was scared to death. The…”