Tag Archives: weekly rig count

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… Login to see the full update…  To read this update and receive our …

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 …

On Monday morning, Halliburton discussed shrinkage in the ratio of drilling rigs to frac spreads in the US market. In our weekly rig count update, we quantify the trend with a chart and discuss its implications. There’s a lot more to this story… Login to see the full update…  To …

A couple weeks into 2018, the hottest basin in the US is already pulling out ahead as the leader in horizontal rig count growth. This is a trend likely to continue as this play further separates itself from the pack as the hottest play in the US this year. So …

  In this update we take a look at market share among the leading land drilling contractors. Starting with winners and losers from 2017, we then look at present share and future market share strategies for the group. In what may be a flattish rig count environment in 2018, the …

In our weekly rig count update this week, we take a look at how frac sand volume per rig has trended the past few years. Plotting the sand/rig ratio reveals a rapid sea change in the Lower 48 oilfield service value chain.   There’s a lot more to this story… …

A new type of land rig is being proposed to tackle mega-pads in the very deepest sections of the Wolfcamp. In this post, check out the latest on operator interest as well as the features that make this rig unique and cost about 30% more than the current shale-ready rig …

Starting this week, we begin an analytical tour around basins outside the Permian. The focus feature in each of our regular weekly rig count updates over the next couple weeks will provide an overview on D&C activity trends in key basins beyond West Texas. Here are five Marcellus Shale charts …

The US land rig count peaked most recently on August 4, 2017. Since then, it is down 21 rigs and down again slightly this week. Without the Permian Basin, it’d be down even more. There’s a lot more to this story… Login to see the full update…  To read this …

In this update we examine drilling permit data for South Texas to infer how the storm and subsequent flooding has impacted drilling rig demand in the region. There’s a lot more to this story… Login to see the full update…  To read this update and receive our research newsletters, you …