Infill Thoughts

Unique angles you’ll only find here on important oilfield stories

Rigs vs. Sand Mines [Map]

With all the talk of local sands in recent weeks, we thought it’d be worthwhile to map rigs vs. mines. Shown on our map in this update is the dispersion of the US horizontal rig count plotted against the percentage of US frac sand capacity arising from a half dozen …

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Live From Dhahran, Here’s The 8 Most Important Things Schlumberger Said Friday Morning

With Schlumberger’s earnings call this morning, oilfield earnings season is officially underway. CEO Paal Kibsgaard addressed several of the themes we expect to dominate the conversation this earnings season including US price increases and activity strength and maybe over-exuberance, sluggish international conditions, aggressive frac reactivation, new business models in offshore drilling, …

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As Statoil Ramps UK Exploration, Transocean Wins Contracts That Are More Interesting Than They Appear

Thanks in part to the renewed exploration push in the UK, Transocean just announced two new contracts for the Transocean Spitsbergen (a 2009-built UDW HDHE semi) for Statoil drilling programs. The dayrate is near break-even, but that’s the least interesting thing about these contract awards… Digging deeper, a $27mm difference in the contract …

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