Newly minted Halliburton CEO Jeff Miller spoke earlier this morning at the UBS conference in Austin, TX. Although he’s no stranger to the investment community, this was his first presentation since being named Dave Lesar’s successor. In a wide-ranging “fireside chat,” Jeff shared market insight on frac sand availability, logistics, completions …
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Construction Imminent On TWO Black Mountain Permian Frac Sand Mines. 8mmtpa Designed Capacity Confirmed
Black Mountain’s message to the market has been that they would build one 4mmtpa frac sand plant in the Permian first with more facilities on their extensive 26,000 acre footprint to follow at future dates. We’ve recently heard some chatter about the company shifting to a two site initial roll …
Read More »Assorted US Frac Horsepower Market Intel Bullet Points [5-Minute Read]
A round up of various talking points and trends in the US frac market as it stands today including comments on pricing, utilization, availability, contracting activity, and completion size trends. There’s a lot more to this story… Login to see the full update… To read this update and receive our …
Read More »Assorted Market Intel Bullet Points To Cap Off Frac Sand Reporting Season [5-Minute Read]
1Q17 reporting season is drawing to a close. Over the past week, we heard from two more frac sand miners: Smart Sand Inc. and Emerge Energy Services. To cap off earnings season, we went back through our conference call notes from these two producers and pulled out the eight most important points …
Read More »Frac Hits Challenge E&P Teams, Impact Completion Workflows, And Require Investment In Learning
In a piece several weeks ago, we detailed how Range Resource handled material frac interference in their Terryville field (see point 5). Since then most of the E&P universe has reported earnings. On conference calls, we heard more concern related to frac communication, and learned more about how E&Ps are dealing with it. …
Read More »Some Big Names Are Behind Permian Frac Sand Mines 3 & 4. Exclusive Details Here As The In-Basin Rush Heats Up
Infill Thinking members are already up to speed on the first two frac sand mine facilities planned in the Permian Basin (Hi-Crush’s Kermit site and Black Mountain’s first Winkler County mine). Although other specific sites have yet to be announced, it’s no surprise they are in the works. Today, we identified two more …
Read More »Here’s The First Look At The Permian Basin’s Original Frac Sand Mine [Progress Pic]
A quick update here (including our first visual) on the new Permian Basin frac sand mine that started it all. On Monday evening the new facility’s owner provided an update on the new mine’s construction progress. As part of that, the company shared the very first peek at what they’ve been building …
Read More »Weatherford Finally Focuses On Process Over Outcome
A portfolio manager I worked for in a prior life always said “focus on process not outcome.” It’s a helpful way of approaching problem solving and decision making by shutting out the distraction of daily progress toward goal. At the end of the day, outcome is all that really matters to stakeholders …
Read More »Thoughts On Emerge Energy Services’ Discussion Of The New San Antonio Mine
After announcing the acquisition of a San Antonio sand mine on Monday, Emerge Energy Services hosted a conference call on Wednesday to discuss the deal and future plans for the site. If you need to get up to speed on the transaction and our initial take, please refer to this …
Read More »First Peek At 1Q17 Frac Sand Volumes Doesn’t Disappoint, But Is It Enough?
Alongside Emerge Energy Services’ Eagle Ford sand mine announcement on Monday, the company also gave us the first peek at actual 1Q17 sand demand. 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 …
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