RigData

A lot of newbuild land rigs are in the pipeline despite a persistent overall capacity surplus. Most are >1,000-1,500 hp, considered the ideal size rig for tackling the shale plays that dominate U.S. land drilling today.

Mobile rig utilization in the Gulf of Mexico fell again this week. Total fleet utilization is now 56.6% with 69 of 122 mobile rigs under contract or committed for work.

Operators and drillers can expect closer scrutiny and tighter water regs and thus higher costs in the eight–state Ohio River Valley region.

Mobile rig utilization in the Gulf of Mexico fell for the week as two previously working rigs came off contract. Total fleet utilization is now 57.4% with 70 of 122 mobile rigs under contract or committed for work.

Onshore drillers won’t escape repercussions from the catastrophic blowout and oil spill in the Gulf of Mexico. Counterintuitively, not all of the repercussions will be negative.

Mobile rig utilization in the Gulf of Mexico rose this week as one semi went idle, offset by a return to contracted for two jackups previously counted as idle. Total fleet utilization is now 59% with 72 of 122 mobile rigs under contract.

Texas oil—conventional and unconventional—was the heavy lifter as the state’s oil-directed rig count rose by 17% to 278 for the biweekly period ended June 4 and led the total active rig count above 1,500 for the first time since January 2009.

Mobile rig utilization in the Gulf of Mexico declined this week. Total fleet utilization is 58.2% with 71 of 122 mobile rigs under contract or committed for work. Marketed utilization, which excludes those cold stacked and other...