As this vicious downturn sends the US oilfield industry into a workforce reduction spiral, it goes without saying that hiring freezes have become the norm. Just how bad is it and are there any bright spots? We quantify the oilfield job market here… There’s a lot more to this story… …
Read More »Imagining The Unimaginable – Here Are Our Rock Bottom Targets For The 2020 US Oilfield
Earlier this week we outlined 10 key debates that will commence as soon as the oilfield market bottoms. How will we know when the bottom is here? On what kind of stage will these debates play out? What are reasonable expectations for oilfield activity when the floor is reached? In …
Read More »When We Make It To The Other Side… The Top 10 Debates For When The NAM Oilfield Bottoms
One beaten-down reader told us last week that we need to start a virtual happy hour after every newsletter we send these days. We understand – the subject matter is indeed depressing. Recent newsletters haven’t been easy for us to ship, for we know that our writings reflect the pain …
Read More »A Watershed Moment For The Oil Market – Quick Thoughts & A Recap Of This Week’s Historic Developments
For most of the oilfield business people we know and interact with, the price of oil is noise until it isn’t. It’s one of those things that doesn’t matter until it does. And right now, it certainly does. And here’s what caught our eye in this historic week… There’s a …
Read More »Wherever Frac May Roam… Meet Nomad, A New Entrant In The Emerging Mobile Mini Frac Sand Category
We recently caught up by phone (observing social distancing) with the management team of a new entrant in the emerging mobile-mini frac sand plant market. Here’s what we learned about their plans and what they are doing differently… There’s a lot more to this story… Login to see the full …
Read More »A Seismic Investigation Of Last Week’s 5.0 Magnitude Permian Earthquake [Guest Post]
One week ago, a 5.0 magnitude earthquake rocked the state-line area of Texas / New Mexico. The strongest in the area since 2017, it was reportedly felt by thousands as far away as Odessa. Quakes often lead to hasty and uninformed conclusions about causes involving oilfield activity. Today’s guest post …
Read More »Two Permian E&Ps Call On TX RRC To Limit Oil Production While Echoing Infill Thinking’s Sub-$10 WTI Prediction
A desperate bid by two Permian operators to put a floor under the price of oil and stabilize and save the US E&P industry… There’s a lot more to this story… Login to see the full update… To read this update and receive our research newsletters, you must be a …
Read More »MidCon Local Frac Sand Capacity Is Contracting Rapidly [Exclusive]
We track Xmmtpa of frac sand production capacity online in the MidCon today. We now believe that frac sand demand could sink south of Xmmtpa on an annual run rate as mid-year approaches. Here’s how local plants are reacting… There’s a lot more to this story… Login to see the …
Read More »Is $20-$25/bbl WTI Just A Waypoint On The Journey To $10/bbl Or Lower? [US O&G Worst Case Scenario Thought Piece]
An important E&P capex update this week reads distinctly negative for anyone hoping for an oilfield spending increase in 2020. Here’s the relevant excerpt: There’s a lot more to this story… Login to see the full update… To read this update and receive our research newsletters, you must be a …
Read More »COVID-19 Blamed For Work Stoppages At Several Frac Jobs This Week [Exclusive]
Frac disruption and inefficiency is on the rise as workers show symptoms or test positive for COVID-19… There’s a lot more to this story… Login to see the full update… To read this update and receive our research newsletters, you must be a member. If you are new to Infill …
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Infill Thinking Lifting the O&G knowledge curve