It’s still a month until July Fourth, but there are already some bottle rockets being lit in the oilfield. Here’s what the stock market says about the state of things in the oilfield… Login to see the full update… To read this update and receive our research newsletters, you must …
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Holiday Weekend Reading
Happy Memorial Day Weekend! We wanted to flag a few of our more in-depth pieces published recently in case you missed them and have some downtime to catch up on reading during the long weekend. Here are five relevant reference pieces on the downturn from our research flow over the …
Read More »Versatility On Display. Frac Sand’s Newest Tech Is Making An Unexpected But Compelling Debut
We spotted some brand new equipment being deployed in an unexpected way in the downturn. This deployment strategy makes a ton of sense though… 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 »In-Basin Frac Sand Mine Hours Were Ticking Lower Even Before The Malaise Set In [Chart Of The Day]
A data-driven look at operating activity trends for the Lower 48 local frac sand mining industry. 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 »For Northern White Sand, A Strange Zenith Emerges In This Dystopia
Setting aside what we all know about frac sand demand in 2Q20 (volumes are terrible), there are some interesting gives and takes at play when it comes to Northern White Sand (NWS) vs local sand market share trends this quarter. Check this out… There’s a lot more to this …
Read More »Here’s What The Boots On The Ground Say About Active Frac Crews, Basin-By-Basin [Data Table]
We have arrived at the following ranges for active frac crew counts by basin based on information received from multiple plugged-in contacts we trust. This isn’t necessarily “Gospel,” and you may have hard data you are relying on that falls outside these ranges. But there is value in knowing where …
Read More »Shape Shifting – What A Difference 10 Days Makes For The WTI Curve [Chart Of The Day]
You know it’s pretty bad when $25/bbl oil gets us excited again. But here we are, and a rally from -$37 to +$25 in the prompt month ain’t nothing! There’s a lot more to this story… Login to see the full update… To read this update and receive our research …
Read More »Sometimes A Picture Is Worth A Thousand Words… Or A Million Horsepower
The picture you’ll find in this update might just become the iconic shot that defines this downturn – similar to those stacked rigs in that H&P yard off Business 20 in North Odessa in the last downturn… There’s a lot more to this story… Login to see the full update… …
Read More »Market Intel Takeaways From The Solaris Conference Call As Wellsite Storage Systems Stack Up [Live Blog Complete + Photos From The Field]
In the company’s press release Thursday evening, Solaris said that activity could decline by 75% to 85% sequentially in the second quarter. This is in line with Infill Thinking predictions for US frac activity declines made here about three weeks ago. This deep activity cut prediction is also supported by …
Read More »Even Blenders Are Working Remotely These Days… [This Week’s OFS Conference Call Takeaways]
Following the Halliburton call on Monday, we’ve heard from three more management teams this week that have no visibility on the oilfield service market outlook in 2020. That said, two of these three did say some pretty interesting things about the current market climate in the Lower 48 oilpatch. Here …
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