2022 budget analysis… 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 …
Read More »Latest Thoughts
Permian Drilling Heat Map As Rig Count Rises
Infill Thinking keeps members abreast of drilling trends with our weekly rig count analysis – unique takes and presentation on otherwise pedestrian rig count data… 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 …
Read More »Northern White Sand Market Outlook – Conference Call Highlights
A large NWS player had some interesting things to say last week… 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 …
Read More »Water Quick Hits From The Biggest Executive Conference Of The Year; Sand Thoughts Too….
We had a great experience at the IN-PERSON 2nd Annual Oilfield Water Markets Conference this March 10-11 along side over 300 of the industry’s movers and shakers. Here’s a few takeaways… There’s a lot more to this story… Login to see the full update… To read this update and receive …
Read More »A Patriotic Oil Production Blitz Would Require Some Brown Sand And / Or NWS Capacity Reactivation
“There decades when nothing happens; and there are weeks when decades happen.” – Vladimir Ilyich 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 …
Read More »U.S. Oil Prices Just Did Something They’ve Only Done 3 Times Since The 1980s [Charts Of The Day]
Although the mainstream press will focus on the massive spot oil price spike (shock and awe of $130/bbl post Biden’s Russian oil embargo today), it’s important to keep in mind the context of the… There’s a lot more to this story… Login to see the full update… To read this …
Read More »Rig Count & Permit Counts – The Calm Before The Storm?
Infill Thinking keeps members abreast of drilling trends with our weekly rig count analysis – unique takes and presentation on otherwise pedestrian rig count data… 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 …
Read More »On The Right Side Of History – Elon Musk Calls For Shale Growth!
The Sea Change Is Happening Lightning Fast On Friday afternoon we wrote about the beginning of a great sea change in sentiment towards oil and gas – a sea change that will challenge the capital discipline theme in a way that no oil price, no matter how high, ever could. …
Read More »Every Grain Counts Now – Insandity Continues, Especially In The Permian
We continue to hear some mindblowing market anecdotes in frac sand. Here are some fresh off our research desk this week… 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 …
Read More »Sentiment Sea Change Underway Towards U.S. O&G As The Mainstream’s ‘Existential Threat’ Narrative Flips
A powerful narrative shift is underway with big implications for U.S. oil and gas production, producers, and enablers… 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, …
Read More »Sand Is So Tight It’s Now Influencing These 6 Pressure Pumping Market Trends
Tight sand is becoming a major factor in the pressure pumping market. Here are 6 ways this is playing out: 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 …
Read More »As WTI Trades Above $110/BBL (14-Year High!), A Salute To Shale & What Our Readers Do To Further Its Noble Cause…
The world is a mess. The tyranny of an evil man is on full display, disrupting world order, and it won’t be soon forgotten as an uncertain globe witnesses unprovoked civilian devastation from the biggest military action in Europe since WWII. The ripple effects could obviously be profound. As a …
Read More »Where Does Permian Rig Count Go If Oil Stays $90+?
Infill Thinking keeps members abreast of drilling trends with our weekly rig count analysis – unique takes and presentation on otherwise pedestrian rig count data… 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 …
Read More »Shale Well Cost Inflation Is Starting To Outpace Operator Expectations
What E&Ps are telling their investors is changing – the changes so far are subtle, but they are firm evidence that cost inflation has been underappreciated. 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 …
Read More »E&P Comments On Frac Sand Picking Up But Still Lag New Market Realities
Flash-back. Infill Thinking December 2, 2021: New Year Could Bring Bigger Headaches For Permian Sand Buyers… Yep, that happened. Fast forward to today… and here is the latest intelligence sand buyers and sellers need to know… There’s a lot more to this story… Login to see the full update… To …
Read More »US Silica Smokes Analyst Estimates. Their Rosy Outlook Is NOT Hyperbole
US Silica provided their 2Q21 results and rest of year outlook this morning. Here is a digestible bullet point summary of the key market intel they shared… There’s a lot more to this story… Login to see the full update… To read this update and receive our research newsletters, you …
Read More »Sand Buyer Headaches Are Now Turning Into Migraines
Flash-back. Infill Thinking December 2, 2021: New Year Could Bring Bigger Headaches For Permian Sand Buyers… Yep, that happened. Fast forward to today… and the headache is turning into a migraine. There’s a lot more to this story… Login to see the full update… To read this update and receive …
Read More »New Permian In-field Frac Sand Mining Capacity On The Way & Will Be Easily Absorbed
Today we have updated our Permian sand plant database for several new in-field facilities. Here are key takeaways… 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, …
Read More »White Sand, Wet Sand, Railed Sand, What Sand?
Flash-back. Infill Thinking December 2, 2021: New Year Could Bring Bigger Headaches For Permian Sand Buyers… Yep, that happened. Fast forward to today… …and we’ve got some new information on wet sand and white sand to share! There’s a lot more to this story… Login to see the full update… …
Read More »Making Frac Sand Great Again! Here’s The Latest Trends In Price, Demand, Supply, Rail Volumes, Etc.
Flash-back. Infill Thinking December 2, 2021: New Year Could Bring Bigger Headaches For Permian Sand Buyers… Yep, that happened. Fast forward to today… …and everyone’s talking about sand again. From the “fair weather fans” – institutional investors and professional service firms calling us now after several years of radio silence …
Read More »New Solution Brewing In The Wellsite Storage Market?
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 …
Read More »Price Hikes Are Indeed Killing E&P Capex [2022 E&P Thesis Tracking]
One of our E&P thesis coming into 2022 is that well cost inflation will surprise to the upside, putting E&Ps between a rock and a hard place. This is happening now. There’s a lot more to this story… Login to see the full update… To read this update and receive …
Read More »Drill Baby Drill – Biggest Week For Drilling Gains In 4 Years
Infill Thinking keeps members abreast of drilling trends with our weekly rig count analysis – unique takes and presentation on otherwise pedestrian rig count data… 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 …
Read More »This Friday In Houston… Frac Sand Panel Preview – A Reversal Of Fortunes
We look forward to meeting up with industry friends Friday in Houston for a sand market discussion here’s a preview on what we’ll be talking about. 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 …
Read More »Mini-Mobile Teaser
One question we have been getting often from members in 1Q22 is… 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 …
Read More »Permian Wastewater Diverting To Escape Regulatory Controls
We are looking forward to participating in the IN-PERSON 2nd Annual Oilfield Water Markets Conference this March 10-11 along side over 300 of the industry’s movers and shakers. If you care on water, this is the event to attend and the agenda is coming together nicely with many E&P attendees …
Read More »Universal Pressure Pumping Rips E-Frac Marketing Hype; Says They Won’t Reactivate Any More Fleets In 2022
Here are some things we picked out of the Patterson-UTI earnings call this week. 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 …
Read More »New & Noteworthy Takeaways From Liberty’s Pumping & Sand Market Commentary
Liberty talked quite a bit about sand and logistics on their earnings conference call this week along with their usual airtime on pumping market fundamentals. After processing their remarks, here is what jumped out at us regarding the frac supply chain market outlook. As a general comment,… There’s a lot …
Read More »EIA Just Increased Their 2022 U.S. Oil Production Growth Estimate By 20%
Earlier this week, we wrote that market expectations for U.S. oil production are too low (see report). In that piece, we pointed out that the EIA’s numbers only showed about 640kbpd of U.S. oil production growth in 2022. This compared to our 1mmpbd growth forecast. Subsequently, the EIA has revised …
Read More »Freeze Fall Out – A Quick Update On Sand Mine Recovery
Today we have prepared the following bullet point summary to update readers on the frac sand situation following last week’s winter weather event in the southwest… 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 …
Read More »Tracking The Super Majors’ U.S. Land Rig Count Trends
Infill Thinking keeps members abreast of drilling trends with our weekly rig count analysis – unique takes and presentation on otherwise pedestrian rig count data… 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 …
Read More »The Great Debate Over 2022 US Oil Production Growth [Charts Of The Day]
In early-2022, the magnitude of US crude oil production growth this year is a hot topic. 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 …
Read More »Frac Scattershooting: 4 Notable Quick Hits From The Oilpatch
In addition to the other research Infill Thinking published this week, a variety of miscellaneous datapoints from around the frac patch crossed our desk this week. Here are four points that are deserving of a quick mention. There’s a lot more to this story… Login to see the full update… …
Read More »TX & OK Frac Freeze – Weather Impact Anecdotes In Pumping, Sand & Water
The Permian frac sand market is very tight. How tight? Here’s a couple anecdotes we heard just this morning: 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 …
Read More »Sand Icicles & Frozen Hoses? The Super Tight Permian Sand Market Braces For Big Test This Week…
The Permian frac sand market is very tight. How tight? Here’s a couple anecdotes we heard just this morning: 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 …
Read More »Gearing Up For E&P Budget News [Chart Of The Day]
A near perfect recipe for spending growth ($87 WTI, well cost inflation, slowing efficiency gains) is colliding with public Independent E&P capital discipline and maintenance mentality. There’s a lot more to this story… Login to see the full update… To read this update and receive our research newsletters, you …
Read More »Biggest US Land Driller Adds More Rigs While Lobbying Customers For Higher OFS / Rig Pricing
Infill Thinking keeps members abreast of drilling trends with our weekly rig count analysis – unique takes and presentation on otherwise pedestrian rig count data… 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 …
Read More »ESG Re-Fleeting Trend Update [Chart Of The Day]
In September 2021, we marveled at the arm’s race in US pressure pumping to re-fleet with emissions-friendly equipment. Today we explore the latest ESG fleet counts and discuss the state of the industry’s environmentally-friendly recapitalization trend… feature image photo credit: profrac tier iv pump – profrac has been an early …
Read More »Thursday’s Tragedy In Kermit Reminds Us That Driving Is The Most Dangerous Oilfield Activity
It’s been a difficult news week for Permian frac sand logistics… to all our industry friends who drive these roads constantly, please be extra careful and stay safe out there. There’s a lot more to this story… Login to see the full update… To read this update and receive our …
Read More »Key Market Takeaways From RPC’s Frac Outlook & Results
RPC’s conference call this week echoed research presented in Infill Thinking’s recent stream on completions trends around pricing, materials and logistics… 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 …
Read More »Frac Sand Pricing Momentum Continues To Build
For data clients, we have just posted bottoms-up analysis of nationwide frac sand mine activity for 4Q21 here. Some interesting high level takeaways have to do with NWS activity in the aggregate during the quarter…. There’s a lot more to this story… Login to see the full update… To read …
Read More »A Red Flag In Permian Well Data + DUC Depletion Could Cause Some Heartburn Among Frac Crowd
Infill Thinking keeps members abreast of drilling trends with our weekly rig count analysis – unique takes and presentation on otherwise pedestrian rig count data… 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 …
Read More »Halliburton Frac Is “Sold Out”; Net Pricing Ticking Higher
Halliburton’s conference call this week echoed research presented in Infill Thinking’s recent stream on completions trends around pricing, materials and logistics… 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 …
Read More »7 Key Oilfield Water Themes In 2022
We are looking forward to participating in the IN-PERSON 2nd Annual Oilfield Water Markets Conference this March 10-11 along side over 300 of the industry’s movers and shakers. If you care on water, this is the event to attend and the agenda is coming together nicely with speakers confirmed from …
Read More »Where Would $85 Oil Put The Frac Fleet Count In 2023? [Chart Of The Day]
This week, we stress tested our data models in a good way – for upside in our oil price assumptions! 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 …
Read More »NWS Production Trends – 3 Observations & 5 Key Questions Going Forward
For data clients, we have just posted bottoms-up analysis of nationwide frac sand mine activity for 4Q21 here. Some interesting high level takeaways have to do with NWS activity in the aggregate during the quarter…. There’s a lot more to this story… Login to see the full update… To read …
Read More »New Permian Plot Twists Confirm That Water Supply Chain Is A Top Shale Issue In 2022
Water issues continue to rise in importance and we discuss what’s new this week in the full piece… Meanwhile, we are looking forward to participating in the IN-PERSON 2nd Annual Oilfield Water Markets Conference this March 10-11 along side over 300 of the industry’s movers and shakers. There, we’ll hear …
Read More »First Look At Permian Mine Activity Data [Chart Of The Day]
This week, we have an update on local sand mining activity… 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, …
Read More »Delaware vs. Midland – Here’s The Set Up Coming Into 2022
Infill Thinking keeps members abreast of drilling trends with our weekly rig count analysis – unique takes and presentation on otherwise pedestrian rig count data… 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 …
Read More »Crane County Geyser Is Sucking Up ALL The Vac Trucks
Big water kerfuffle out in West Texas, and this time it’s not earthquake related… 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 …
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