Day Rate Report

Platts RigData Day Rate Report is a monthly publication that contains details on rig rates and commentary on trends in the U.S. land rig market. The report is entirely based on the information gathered from comprehensive quarterly industry surveys and coupled with in-depth analysis by Platts RigData. Each issue of the Day Rate Report identifies industry day rate trends both by depth range and region.

What you'll find in every Day Rate Report:

  • Rig demand indicators - rig wait lists, bid inquiries, and wait on rig times
  • Expectations of near-to-midterm work volumes and rig pricing
  • Market snapshots by region, including day rate drivers such as wages, operating costs, etc.
  • Outlooks and analysis of the land rig market
  • Day rates for each rig class in every region
  • Newbuild updates, rig fleet analysis, rig equipment premiums, drillers’ regional market shares.

**‘Reports are also available in excel format for those subscribers who value the ability to filter, organize and import data into their own systems. These products are available at a price consistent with your usage, sharing and company size.

Why S&P Global Platts?

As an independent commodity price and news provider with robust methodologies, our benchmark commodity prices have become the common language participants use to write contracts, monitor their commodity market, and achieve full transparency around transactions. Platts makes no representation or warranty as to the results to be obtained by market participants who elect to use Platts' prices and indices as the basis for transactions.


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