44. Annual Reed rig census

Journal Article · Tue Oct 01 00:00:00 EDT 1996 · World Oil

OSTI ID:392557

Stokes, T A; Rodriguez, M R ^[1]

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1. Reed Tool Co., Houston, TX (United States)

Reed Tool Company`s 44th annual rotary rig census found a spirit of increased optimism in the US oil and gas drilling industry. Rig utilization rose to 77% this year, the highest since the boom times of 15 years ago. A combination of a higher number of active rigs and another decline in available units to a historical low, led to this higher-than-average utilization rate. The paper discusses results from the survey.

• OSTI ID: 392557
• Journal Information: World Oil, Vol. 217, Issue 10; Other Information: PBD: Oct 1996
• Country of Publication: United States
• Language: English

Related Subjects

02 PETROLEUM
03 NATURAL GAS
DRILLING RIGS
COMPILED DATA
PETROLEUM INDUSTRY
NATURAL GAS INDUSTRY
AVAILABILITY
REPAIR
CAPITALIZED COST
MACHINE PARTS
STORAGE
EXPORTS
DECOMMISSIONING
OFFSHORE PLATFORMS
BARGES
REGIONAL ANALYSIS
SIZE
OWNERSHIP
ONSHORE SITES