In late-October, we noted that Patterson-UTI’s CEO Andy Hendricks predicted a modest increase in drilling activity in late-December. Andy might be preparing to take a victory lap now… Last week’s bounce is notable for three key reasons: it breaks… it’s bigger than… it bucks… There’s a lot more to this …

Plenty of water deal news continues to cross the wires as 2019 draws to a close. And what a year it’s been for water midstream M&A. This week deals announced by three buyers take the deal count we track up to X significant water midstream transactions in 2019 vs. only …

With lumps of coal in every oilfield stocking this holiday season, it’s easy to overlook the bright spots. There are some bright spots though. Not every E&P operator plans to slash investment next year. In fact, some are planning to increase spending, or at least talking optimistically about their growth …

As 2019 winds down, the E&P downcycle dominants discussion in the US onshore oilfield. Rig count is down 27% YTD. More tellingly, rig count fell in 43 out of the 50 weeks in the books so far in 2019. Why? Unlike in most prior downcycles, it’s not oil price in …

Cody Wickersheim writes: When Joseph Triepke asked me to write an article for Infill Thinking, I think it was intended to be a commentary on the impact each of us has felt over the past year and a half. We are losing some good folks. Many companies have become, or …

Rig count’s down big this year. How has that impacted the rig count mix by basin? 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 Thinking, …

For water midstream, which is still in the early phases of market evolution, the opportunity to make a positive difference in the water supply/demand balance is enormous. Once permanent infrastructure is in place and multiple systems become interconnected, the stage will be set to move excess produced water to… There’s …

The whole boxes vs. silos last mile market debate continues to be a regular (and often contentious) topic of conversation that surfaces often in frac sand inner circles and at sand industry events. For this update, we decided to draw on the fleet data we maintain independently in house to …

In this week’s rig count update, we have summarized the latest 2019/2020 US onshore drilling program outlooks, operator-by-company, picking out those rig customers who are adding, dropping, or keeping their rig counts flat. There’s a lot more to this story… Login to see the full update…  To read this update …

Last week, we asked the collective Infill Thinking membership to share their views on the 2020 oilfield outlook. 145 of you answered our 23 questions. To all those that took a few minutes to contribute, thank you very much. The result is a unique, invaluable market intelligence resource. There’s a …