Onshore rig count on track for a nosedive. Land rigs in US were down 354 year-on-year last week with steeper cuts to come. Pressure: onshore drilling activity in the US is set to plummet Photo ...

Over the past few years, two improved drilling techniques have helped expand the amount of recoverable oil and natural gas around the world. Improvements in fracking technology have opened up ...

A new generation of land-based oil and gas rigs is halving drilling time and cutting costs for customers, but also setting a clear divide for investors between firms that have the new machines and ...

Operators working the shale gas and tight oil plays added four rigs in the week ended 5 May, bringing the onshore count to 853, according to the latest figures from services giant Baker Hughes.

Hamm predicted that the idling of rigs would continue throughout the remainder of 2019, saying "we're heading for 800" onshore rigs, referring to the weekly rig count conducted by Baker Hughes ...

Onshore rigs in the week that ended on Jan. 3 totaled 573, in line with the prior week's count. In offshore resources, 14 rigs were operating, which also remains the same as the week-ago count.

The onshore companies account for more than 75% of NBR's rig count. From 2014 to Q1 2020, it gained a 12% market share with the supermajors (i.e., the large upstream companies).

An onshore driller can turn on and off new drilling with the price of oil or natural gas. Look at the correlation of price to the number of inland rigs in operation to show the difference.