Infill Thoughts

We are currently in the throes of the sharpest rig count contraction in history, and we expect the next several weeks to register continued large drops as the US land rig count is likely to fall sub-200. There’s a lot more to this story… Login to see the full update…  …

“Give me some good news for a change,” you say? Our pleasure! Here is a chart you cannot miss because it’s all anyone’s going to be talking about as tight oil gets shut in. There’s a lot more to this story… Login to see the full update…  To read this …

The US government has approved two rounds of “Paycheck Protection Program” (PPP) funding totaling nearly $700bn. The program offers partially forgivable loans of up to $10mm for companies with 500 or less employees. The funds are trickling into the oilfield, and rightly so. Here’s a look at the energy companies …

We checked in with a whole bunch of our oilfield service and E&P contacts this week. What we heard from them sure sounds like complete capitulation in the oilfield market. The bottom is coming into focus. Here’s what folks we talk to are saying… There’s a lot more to this …

By The Stats – Membership Resources Provided During 1Q20 In the 90 days ended March 31, 2020, the Infill Thinking research team: published 86 independent research updates, emailed 25 original Infill Thoughts newsletters to active members, issued 14 data releases to Think Sheets® members, got in one last great member meetup …

On an historic Monday when the WTI front month contract fell more than 300% into negative territory, natural gas spot prices were up 10%! Here’s a look at bifurcating fortunes by basin focus… There’s a lot more to this story… Login to see the full update…  To read this update …

We know you know the logic, but on days like today, it’s good to read and re-read the crude oil cyclical rationale in it’s simplest form, which is as follows: There’s a lot more to this story… Login to see the full update…  To read this update and receive our …

Torn by two extreme market forces (oil demand destruction from the lockdown and geopolitical supplier actions), US oil prices are being distorted and dislocated beyond recognition. Here’s how the actual spot bids in the field are trending across various grades and basins (spoiler alert, it isn’t pretty and the lowest …

We checked in with some of our friends at Winston & Strawn last week to get a read on commercial conditions in oilfield water. Since this team is plugged-in to water deal flow, we asked what issues their water midstream clients are seeking help with these days. What they shared …

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… …