44. Annual Reed rig census

Journal Article · Tue Oct 01 04:00:00 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, Journal Name: World Oil Journal Issue: 10 Vol. 217; ISSN 0043-8790; ISSN WOOIAS
• Country of Publication: United States
• Language: English

Related Subjects

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