Tag Archives: weekly rig count

During the past week or so, pictures have surfaced on social media showing a US onshore industry first in land drilling: simultaneous drilling accomplished by joining together two land rigs. We talked with management to learn more and discuss the implications in this update. There’s a lot more to this …

With crude poised to potentially overflow Permian installed takeaway capacity, we thought it’d be worth taking a look at some big picture production vs. rig trends as the feature of this week’s regular rig count update. There’s a lot more to this story… To read this update and receive our research …

Each week we cover a topical US weekly drilling trend, and provide in-depth analysis of the rig count and frac spread count. Here is this week’s installment… There’s a lot more to this story… To read this update and receive our research newsletters, you must be a subscriber. If your free …

This is the latest edition of our regular weekly rig count update filled with charts and analysis on North America onshore drilling trends. There’s a lot more to this story… To read this update and receive our research newsletters, you must be a subscriber. If your free trial has expired, renew …

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 …

In this weekly rig count update, we take a spin around the basins looking at relative performance from recent peaks and valleys. Studying rig count changes during mini-cycles within the big picture trend can illustrate the level of operator commitment to various plays and reveal drilling program volatility within each …

With the flurry of E&P earnings reports last week came lots of talk about 2018 drilling programs. If we had to boil down all the drilling rig market commentary we heard into a key takeaway, it’d be this: There’s a lot more to this story… To read this update and receive …

In this weekly rig and frac spread count update we take a close look at Canadian drilling trends. There’s a lot more to this story… To read this update and receive our research newsletters, you must be a subscriber. If your free trial has expired, renew here. (Current members login here.) Subscribers get Exclusive research …

In our weekly rig and frac spread count update this week, we parse through a land driller’s  2018 rig upgrade program to delineate some critical 2018 onshore drilling market trends. There’s a lot more to this story… To read this update and receive our research newsletters, you must be a subscriber. …

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 …