RIG COUNT DECLINES CONTINUE DRILLING FOR NATURAL GAS RISES

Natural gas well drilling rig

Natural gas well drilling rig

*Production per well is much lower in the U.S. than in other countries due to subsidies for stripper wells that produce very little oil. Those subsidies are intended. A drill rig is the primary equipment used for drilling a natural gas well. It consists of a derrick, drawworks, and a rotary system. The derrick provides support and houses the drilling equipment. The drawworks control the drilling depth by raising and lowering the drilling assembly. [pdf]

Noble drilling rig count

Noble drilling rig count

Noble Corporation plc is an contractor organized in , England. Its affiliate, Noble Corporation, is organized in the . It is the corporate successor of Noble Drilling Corporation. The company operates 24 drilling rigs including eight , four , and 12 . [pdf]

World wide drilling rig count

World wide drilling rig count

World Rig Count is at a current level of 1621.25, up from 1599.50 last month and down from 1713.00 one year ago. This is a change of 1.36% from last month and -5.36% from one year ago. View monthly updates and historical trends for World Rig Count. Source: Baker Hughes. [pdf]

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