Since 2013, the offshore drillers have underperformed six other upstream sectors we track by an average of 70%. In this update we look beyond the market cap dislocation at a key hire and recent IPO filings. There’s a lot more to this story… Login to see the full update… To …
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The Long And Short Of Petitioning To List A Species Under The ESA [Guest Post]
Each Friday in the last month of each quarter, we pass our keyboard to an Infill Thinking subscriber to weigh in from their field. In October, two ENGOs provided a notice to the Comptrollers office of their intent to petition the US Fish and Wildlife Service to list the dunes …
Read More »This Chart Shows How The Oilfield Service Value Chain Has Been Turned Upside Down
In our weekly rig count update this week, we take a look at how frac sand volume per rig has trended the past few years. Plotting the sand/rig ratio reveals a rapid sea change in the Lower 48 oilfield service value chain. There’s a lot more to this story… …
Read More »The Sand Truck Driver Shortage Is Spilling Over Into Crude Oil Hauling
If oil drivers are leaving for sand in larger numbers now, that would suggest that frac sand hauling rates may have reached a tipping point that converts drivers. We examine the differences in hauling oil vs. sand both pay and scope and discuss a potential tipping point that could have …
Read More »H&P Has Plenty Of 2018 Capex Budgeted To Upgrade Their 100+ Super-Spec Rig Candidates
Helmerich & Payne closed out C3Q17 earnings season for the land drillers late-last week. Here are the three statements that we found most interesting… 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 »Two Fatalities In Permian Frac Sand Handling In As Many Months Raise Concerns
This is the kind of update we hate to write. Every O&G company we know goes to great lengths avoid fatal accidents. Few industries emphasize safety as much as O&G. But in a physical business like this, occupational hazards are very real. Our coverage will serve two purposes and two …
Read More »New Frac Sand Entrant Opens A 3mmtpa Permian Mine, Plans Second Site [Exclusive Details, Photos, First Look]
Infill Thinking visited the third Permian Basin frac sand mine to come online back when it was under construction in August. With the plant coming online last week, we share exclusive details from our time on site with management as well as the very latest on the startup from our …
Read More »Frac Sand Scattershooting Beyond The Permian: Eagle Ford Cameo, M&A, Barged Sand, Intensity Debate, and more…
Today we are wrapping up our frac sand scattershooting series with our third installment. feature image used with creative commons license 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 …
Read More »It Took Just Over 400 Frac Sand Trucks To Break A STACK Record [Follow The Leaders]
We did some math on the record breaking well announced by the STACK leader this week. 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, …
Read More »In The Nation’s Two Biggest Liquids Plays, It’s A Tale Of Two Cities
In this weekly rig count update, we take a quick look at the rig count evolution of today’s two most important US onshore markets: West Texas and Oklahoma. You may remember the following chart from an update early this year when we wrote about the bifurcated Permian market place…. …
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