1.0Westwoodhttps://www.westwoodenergy.comrich600338<blockquote class="wp-embedded-content" data-secret="FuAnzSM0Ie"><a href="https://www.westwoodenergy.com/news/westwood-insight/automation-key-driver-for-premium-middle-east-onshore-rig-day-rates">Automation – key driver for premium Middle East onshore rig day rates</a></blockquote><iframe sandbox="allow-scripts" security="restricted" src="https://www.westwoodenergy.com/news/westwood-insight/automation-key-driver-for-premium-middle-east-onshore-rig-day-rates/embed#?secret=FuAnzSM0Ie" width="600" height="338" title="“Automation – key driver for premium Middle East onshore rig day rates” — Westwood" data-secret="FuAnzSM0Ie" frameborder="0" marginwidth="0" marginheight="0" scrolling="no" class="wp-embedded-content"></iframe><script type="text/javascript"> /* <![CDATA[ */ /*! This file is auto-generated */ !function(d,l){"use strict";l.querySelector&&d.addEventListener&&"undefined"!=typeof URL&&(d.wp=d.wp||{},d.wp.receiveEmbedMessage||(d.wp.receiveEmbedMessage=function(e){var t=e.data;if((t||t.secret||t.message||t.value)&&!/[^a-zA-Z0-9]/.test(t.secret)){for(var s,r,n,a=l.querySelectorAll('iframe[data-secret="'+t.secret+'"]'),o=l.querySelectorAll('blockquote[data-secret="'+t.secret+'"]'),c=new RegExp("^https?:$","i"),i=0;i<o.length;i++)o[i].style.display="none";for(i=0;i<a.length;i++)s=a[i],e.source===s.contentWindow&&(s.removeAttribute("style"),"height"===t.message?(1e3<(r=parseInt(t.value,10))?r=1e3:~~r<200&&(r=200),s.height=r):"link"===t.message&&(r=new URL(s.getAttribute("src")),n=new URL(t.value),c.test(n.protocol))&&n.host===r.host&&l.activeElement===s&&(d.top.location.href=t.value))}},d.addEventListener("message",d.wp.receiveEmbedMessage,!1),l.addEventListener("DOMContentLoaded",function(){for(var e,t,s=l.querySelectorAll("iframe.wp-embedded-content"),r=0;r<s.length;r++)(t=(e=s[r]).getAttribute("data-secret"))||(t=Math.random().toString(36).substring(2,12),e.src+="#?secret="+t,e.setAttribute("data-secret",t)),e.contentWindow.postMessage({message:"ready",secret:t},"*")},!1)))}(window,document); /* ]]> */ </script> https://www.westwoodenergy.com/wp-content/uploads/2021/04/Land-Rig-Automation-Header-Image-WEB-scaled.jpg2560853While the number of active drilling rigs in the Middle East is expected to see year-on-year improvement through to 2025, operators are under increased pressure to reduce costs of their drilling operations. Westwood’s Base Case Drilling outlook indicates onshore rig supply will continue to exceed demand in most Middle Eastern countries over the forecast period (until 2025). Under these circumstances, onshore rigs which include features that automate the drilling process, reduce the amount of downtime, and improve safety levels are better positioned to earn higher day rates.