Drilling rig day rates supplier

U.S. drilling day rates end slide with hopes for modest

U.S. drilling day rates appear to have turned the corner, moving higher in November across all the Enverus Day Rate Survey''s seven regions

Understanding The Cost Of Operating A Drilling Rig

Understanding the cost of operating a drilling rig per day can help companies make informed decisions about their budget and financial planning.

Westwood Insight – Asia Pacific offshore rig supply shrinking and

Since Westwood''s last Asia Pacific (APAC) offshore drilling rig insight, the market – as predicted – has reached utilisation levels not seen since the oil price crash of 2014 and

Global Offshore Drilling Rig Dayrate Forecast

Westwood''s Global Offshore Drilling Rig Dayrate Forecast 2024-2028 report provides detailed insight on historical offshore drilling rig dayrate

S&P Global Commodity Insights

Petrodata Rigs by S&P Global provides unrivalled industry-leading data on the global offshore drilling rig market and gives answers to key rig market questions, such as availability, day

Upstream Solutions | S&P Global

Unlock the potential of your oil & gas upstream & midstream operations with data, insights, software and AI solutions from Platts & IHS Markit now under S&P Global.

Empirical relations characterize rig day rates

Global active rig count and oil prices. Source: Data from RigLogix, 2011; EIA 2011. When regional utilization is low, the supply of stacked units is

Onshore rig global day rate data and insights

Onshore rig global day rate data and insights Updates to Global Land Drilling Rigs (GLDR) product provides day rate ranges for more than

Global Land Drilling Rigs Tracker

Each month Westwood''s onshore team provides a global update on land drilling rig supply, with data sourced from and analysed using Westwood''s Global Land Rig tool.

Global Land Drilling Rig Dayrate White Paper

One of the most significant costs on any onshore oilfield is the cost of hiring a rig to drill the well and, as a result, there is a need for land rig

Day Rate Oil Drilling: A Comprehensive Guide for Beginners

Day rates in oil drilling are usually determined by several factors such as rig type, location, and market demand. The day rate is the amount of money paid by the operator to the

U.S. day rates extend slump, but most drillers foresee busier H1

U.S. drilling day rates took a tumble in 2024, finishing the year lower than they began for the first time since the COVID-19 pandemic. The Enverus Day Rate Survey''s U.S.

Report: ''Big 3 offshore drillers'' reporting increasing day rates

Day rates for both floaters and jackups are on the rise, Evercore said. The primary drivers of higher rig day rates are tight rig supply; drillers remaining disciplined about rig

RigLogix Offshore Rig Data | Westwood Global

We are the leading source of commercial offshore rig data and intelligence, trusted by E&P and supply chain companies. Request your demo now.

Petrodata™ Product Suite

Leverage the industry authority on offshore oil and gas market data. We know about every rig, vessel and platform at sea or yard: their work, maintenance and availability schedules, day

day rate | Energy Glossary

The daily cost to the operator of renting the drilling rig and the associated costs of personnel and routine supplies. This cost may or may not include fuel, and usually does not include capital

Westwood Insight – Offshore drilling upcycle continues, but 2025

For 2025, Westwood is forecasting a lower marketed committed utilisation rate of 89%, with the semisub market to be the hardest hit of the three rig types. Westwood''s top

Wholesale rig day rates For Ground Excavation

Explore the various rig day rates products available for wholesale at Alibaba . Get a rig day rates for drilling water wells, water exploration holes, geological exploration, coal mines, and

Day Rate in Oil Drilling: Definition, Calculation, and

The day rate in oil drilling refers to the total daily cost of renting a drilling rig, including personnel and incidentals. It''s calculated by dividing the total

Day rates in Asia-Pacific on the up | S&P Global

Day rates continue to climb in APAC while demand in the region increases and supply tightens. Although this trend presently holds true for

Operators consider novel rig deals to limit day rates

Offshore staff LONDON — Offshore rig rates hit a nine-year high last year, according to a report from Westwood Global Energy Group

Report: Rig dayrates on the rise in Southeast Asia | Offshore

Dayrates for all types of rigs in Southeast Asia are witnessing robust growth, according to Evercore ISI''s latest Offshore Oracle report.

OPINION | Offshore drilling upcycle continues, but

Offshore drilling sees strong 2024, but market corrections expected in 2025 due to declining demand and dayrates. Inflationary pressures to drive

Report: ''Big 3 offshore drillers'' reporting increasing

Day rates for both floaters and jackups are on the rise, Evercore said. The primary drivers of higher rig day rates are tight rig supply; drillers

Power Your Operations With Reliable Mining Equipment?

We are a leading manufacturer of drilling rigs and air compressors for mining and construction industries.