Infill Thoughts

Who Bought The Black Mountain Silos? A Picture Is Worth A Thousand Words…

While there has been quite a bit of speculation over the buyer since we first reported the divestiture back in early-November, this is the first official confirmation. After making an important boots-on-the-ground observation over the weekend, we contacted a company spokesman and confirmed our firsthand observation. There’s a lot more …

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Four Levers In-Basin Mines Can Pull To Lower Opex/Ton [Guest Post]

In-basin mine operators faced with price pressure quickly turn their attention to driving down operating costs per ton. This can be a real challenge when operating in a tough environment, and compromising safety, quality, and capacity, is not an option. With supply outpacing demand, the pressure to become a low-cost …

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Did 2018 Set The New Cyclical Ceiling For US Onshore Drilling?

The US onshore rig count has been basically flat since June of this year and is likely biased lower over the next several weeks as seasonality catches up with rig count. There’s a lot more to this story… To read this update and receive our research newsletters, you must be a …

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2019 Outlook For The US Completions Market [Research Rewind]

With 2019 planning season in full gear, decision makers and forecasters are grappling with commodity price cross-currents. As many market participants are now arriving at conclusions that will set the stage for the year-ahead, we thought it’d be useful context to take a look back at an outlook baseline set …

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Direct Sourcing From An Operator’s Perspective [Guest Post]

Guest Contributor Introduction From Joseph Triepke: Kicking off our Fridays In December 2018 guest post series is Jessica Barton, an E&P sourcing specialist with nearly a decade of supply chain management experience for leading operators in US shale. Jessica is currently the category manager for proppant and last mile logistics …

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Is This The Beginning Of The End For Land Drilling Rig Dayrates?

When (not if) will the leading land drilling contractors make a hard push to be paid under a different model than the entrenched dayrate pricing framework? It’s a question we’ve wondered about for years now as we’ve watched land drilling rigs drill more and more wells per month, benefiting their …

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Proppant Inventories Swell

Prior to 3Q18 earnings season, we singled out inventory trends for the frac sand producers as an underappreciated financial metric worth keeping an eye on. While many analysts do a good job of keeping up with volumes, pricing, and contribution margins, we believe that inventory balances and turns can also be …

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Before He Was President, He Was An Oilman. RIP Timberwolf

As the tributes roll in for the late great 41st President of the United States, Infill Thinking remembers George H.W. Bush not only for his legendary record of service to this country but also for his roots as an oilman.   There’s a lot more to this story… To read …

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Permian Local Frac Sand’s Triple Double [Chart Of The Day]

Throughout 2018, Infill Thinking has regularly surveyed production at local frac sand mines across the Permian mine-by-mine. In this update we show how effective supply has grown this year and discuss the importance and meaning of the trajectory.   There’s a lot more to this story… To read this update …

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