USD 92.5919

+0.02

EUR 100.2704

-0.14

Brent 86.42

+0.73

Natural gas 1.728

+0.01

drilling rigs and their units

A large load-bearing structure, usually of bolted construction.

A drill string on a drilling rig is a column, or string, of drill pipe that transmits drilling fluid (via the mud pumps) and torque (via the kelly drive or top drive) to the drill bit.

Oil and gas rig counts are frequently used throughout the oil and gas industry as a metric of consumer confidence. For many, the oil and gas rig counts indicating an optimistic path forward for energy-related companies.