Here’s what to know about the current state of the rig market in the Lower 48… There’s a lot more to this story… Login to see the full update… To read this update and receive our research newsletters, you must be a member. If you are new to Infill Thinking, …
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When (not if) will the leading land drilling contractors make a hard push to be paid under a different model than the entrenched dayrate pricing framework? It’s a question we’ve wondered about for years now as we’ve watched land drilling rigs drill more and more wells per month, benefiting their …
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Just a few months ago, US land rig management teams were still touting their long-term contracts as an asset. Highlighting backlog and term duration is a defensive posture contractors assume when operators have pricing power. Rig count can rise. Dayrates can trough. But until management teams start talking about spot …
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Infill Thinking Lifting the O&G knowledge curve
