In an unusual step, Baker Hughes declared Friday that an update on South Texas rig count was impossible to capture last week due to Hurricane Harvey. New drilling permits show the impact though… and we quantify that in this update. There’s a lot more to this story… Login to see …
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The Tariffs Are Coming, The Tariffs Are Coming! Or Are They? [Guest Post]
In this Friday guest post, Susan Murphy (Publisher and Editor in Chief of The OCTG Situation Report®) provides some clear thinking on the Section 232 trade investigation. Section 232 is a controversial import swing factor injecting uncertainty in the OCTG sub-sector. We asked Susan to share her latest thoughts on status, …
Read More »Bulletproofing Black Mountain – A Look Behind The Gate
Impressions, takeaways, and observations from a morning spent with Black Mountain Sand in West Texas touring their new sand plants Vest and El Dorado. A slideshow of construction pictures is included in this update. There’s a lot more to this story… Login to see the full update… To read this …
Read More »US Rig Count Recovery Stalls In August After 14 Solid Months Of Gains
As expected, the Lower 48 rig count recovery is losing steam during 3Q17. Here’s 3 charts and thoughts on what it means for completions… 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 »All Of Our Permian Field Trip Quick Hits Organized By Topic
Infill Thinking staff spent a full week in the Permian Basin in August 2017, touring facilities and visiting with contacts and management teams. We’ve collected 43 “quick hits” – crowd sourced datapoints and general market observations. Our time in the Permian was spent on the completions supply chain, particularly around …
Read More »Will This Young Buck Roaming The Dunes Become A Trophy? Introducing High Roller Sand
Some Infill Thinking readers may have known the High Roller name even before the company became a player in the Permian Basin sand rush. High Roller is the parent company of a diverse mix of oilfield businesses including waste water hauling, SWDs, sand transloading, and man camps. The firm is …
Read More »War On West Texas Sand Talent Heating Up: Job Fair Tomorrow
Tomorrow another new area sand producer will host a job fair in Odessa. We expect there will be quite a few more of these job fairs at area hotels before year-end. See what some local mines are doing to recruit staff and also the competition and challenges for talent that …
Read More »8-Month New Supply Hiatus? Grade Mix, Damp Sand, Branding Bonanza, Sales Point, Excel File… [Permian Quick Hits 4]
This update is Infill Thinking’s fourth and final installment of crowd sourced datapoints and firsthand observations from our Permian visit last week. Most of our field trips in the Permian this time were focused on the new sand mining efforts around Kermit and logistics/storage from transload to wellsite. Subscribers have …
Read More »Four US Land Drillers Own More Than Half The Active Rigs [Market Share Charts]
The US onshore rig market continues to consolidate not because of M&A but thanks to the dominance of horizontal drilling and rig specification escalation. In the four charts below, we share a time series of market share charts for Nabors Industries, Patterson-UTI, Helmerich & Payne and Precision Drilling. There’s a …
Read More »Hi-Crush Makes A Case For Limited Lizard-Related Production Interruption Risk
Since the Texas Comptroller’s letter singled out sand producers last week, West Texas miners have been inundated with questions. Investors and customers alike are becoming more concerned than ever about the trend’s exposure to Dune Sagebrush Lizard (DSL) habitat. We provide highlights from one company’s response supplemented with our firsthand knowledge from a …
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