US land drillers face challenges after oil price tumble

Rig owners see drop in demand for units at start of this year as field operators weigh their options

Sign of the times: US land drillers have seen the market tighten at the start of this year — Sign of the times: US land drillers have seen the market tighten at the start of this yearPhoto: ORJAN ELLINGVAAG

Caroline Evans

Houston

USA Patterson-UTI Helmerich & Payne Americas North America

Published 13 February 2019, 13:32Updated 13 February 2019, 13:32