April 3, 2024, 9:23 AM MDT
April 3, 2024, 9:38 AM MDT
With drilling activity slowing across North America the rig market is stratifying with high specification rigs remaining in high demand, while older less sophisticated rigs get stacked or decommissioned, drilling contractors reported in their year-end conference calls.
April 2, 2024, 12 AM MDT
April 2, 2024, 12 AM MDT
April 2, 2024, 6:23 AM MDT
April 2, 2024, 8:18 AM MDT
U.S. pressure pumpers are expecting a flat market in 2024, but at least one company plans to add spreads this year, which could end the pricing discipline that allowed the sector to recover from years of difficult financial and operating conditions.
April 1, 2024, 9:44 AM MDT
April 1, 2024, 10:31 AM MDT
April 1, 2024, 12 AM MDT
April 1, 2024, 9:24 AM MDT
April 1, 2024, 6 AM MDT
April 1, 2024, 6 AM MDT
March 28, 2024, 12 AM MDT
The U.S. rig count is down three from last week to 621 with oil rigs down three to 506, gas rigs unchanged at 112 and miscellaneous rigs unchanged at three.
March 28, 2024, 11:05 AM MDT
March 28, 2024, 11:29 AM MDT
March 27, 2024, 9:50 AM MDT
March 27, 2024, 7:03 AM MDT
March 26, 2024, 8:55 AM MDT
March 26, 2024, 9:03 AM MDT
March 25, 2024, 12 AM MDT
U.S. well servicing companies are rapidly retiring aging frack spreads and replacing them with state-of-the-art technologies designed to meet customer demand for increased fuel efficiency and lower emissions.
March 22, 2024, 12 AM MDT
The U.S. rig count is down five from last week to 624 with oil rigs down one to 509, gas rigs down four to 112 and miscellaneous rigs unchanged at three.
March 22, 2024, 11:12 AM MDT
March 22, 2024, 9:24 AM MDT
March 22, 2024, 12 AM MDT
March 21, 2024, 9:17 AM MDT
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