Rigs and Vessels

US onshore operators expect reduced rig rates in 2025, leading driller says

Nabors survey shows anticipated 4% rig rate decline for rest of the year

Nabors chief executive Anthony Petrello.
Nabors chief executive Anthony Petrello.Photo: NABORS
North America Energy CorrespondentBaton Rouge
Published 1 May 2025, 10:38Updated 1 May 2025, 10:38
Nabors IndustriesTrump TariffsUnited StatesAmericasNorth America