Sharpest & Shortest Drilling Recovery In Modern US Land Rig History?

The falling rig count is playing heavily into early 3Q17 conference call discussions, particularly after last week’s big drop. We’ve long thought this correction was expected, but reaction to the decline reminds us that nothing is ever truly “priced in” until it happens.

Here’s some context on where we’ve been, where we might be going, and how it compares to history.

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, or your membership has expired, please email us to discuss our current subscription options at [email protected](Current members login here.)

Members get:

  • Exclusive research update newsletters
  • High-caliber, data-driven analysis and boots-on-the-ground commentary
  • New angles on stories you’ll only find here
  • No advertisements, no noise, no clutter
  • Quality coverage, not quantity that wastes your time
  • Downloadable data for analysts

Contact us to learn about signing up! [email protected]

Drilling rig photo of the week from social media:

“Here in west Texas it’s windy, hot, and dry, but we’re blessed with beautiful sunrises and sunsets.” Yes, yes you are, Felix C.! Thanks for sending this beauty of Rig 142 our way. . . . #TrinidadDrilling #TrinidadRigFleet #DrillingContractor #Oilfield #OilandGas #OilfieldPhotography #DrillersClub #DrillingRig #WestTexas #Texas

162 Likes, 5 Comments – Trinidad Drilling (@trinidadtdg) on Instagram: “”Here in west Texas it’s windy, hot, and dry, but we’re blessed with beautiful sunrises and…”