November 2016
Features

Global rig utilization at record low levels, U.S. land activity will rebound in 2017

International land and global offshore rig demand continues to drift lower, as markets seek to rebalance. The North American land rig market is slowly improving, after finding a cyclical bottom in late May.
Carlos Huerta / National Oilwell Varco

This is a preview of our premium content. Thank you for your interest—please log in or subscribe to read the full article.
Connect with World Oil
Connect with World Oil, the upstream industry's most trusted source of forecast data, industry trends, and insights into operational and technological advances.