Tag Archives: trends

US Land Rig Count Update For February 24, 2017

The US onshore rig count increased 3 rigs to 733 running last week. The US land rig count is now up 359 rigs from the May 2016 bottom. Much of these gains have come from the Permian, where growth is being driven by horizontal drilling in both the Midland Basin and the Delaware …

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Time To Clear The Yards

The US onshore rig count increased another 19  rigs to 689 running last week. All of this activity coming back means rigs are being moved out of the yards and into the field. This creates a veritable boom for rig movers. We uncovered some proprietary market intelligence on rig moves …

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