How bad is the frac drought getting out in the Permian Basin? We discuss… 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 »A Look Way Back In Time To The Good Old Days… Early-2020 [Top Ten 1Q20 Updates]
By The Stats – Membership Resources Provided During 1Q20 In the 90 days ended March 31, 2020, the Infill Thinking research team: published 86 independent research updates, emailed 25 original Infill Thoughts newsletters to active members, issued 14 data releases to Think Sheets® members, got in one last great member meetup …
Read More »Halliburton Will Not Chase Market Share In The Frac Crash [Live Analysis Of Big Red’s Latest Thinking On The Lower 48]
This morning at 8am central, Halliburton will host their 1Q20 earnings call. Needless to say, their remarks on challenging Lower 48 business conditions will be closely watched. While outlook / guidance could be light since visibility is limited, we expect some good color on current market conditions to come from …
Read More »Schlumberger Estimates 100+ US Frac Crews Will Still Be Active At The Bottom [Live Blog Complete]
Towards the end of Q&A during today’s call, came perhaps the most interesting thing that management said about the US market all morning. Specifically, Schlumberger was asked where the US frac fleet count might bottom. Management used the opportunity presented by this question to refute some of the doomsday frac …
Read More »A 2nd Round Of Negative Revisions Well Underway As E&P Spending Cuts Now Top $25 Billion [Real-Time NAM E&P Capex Budget Monitor]
Here are the E&Ps that have publicly announced cuts in the wake of the Sunday, March 8, oil market collapse…. 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 »Covia And Baker Hughes Join Ballooning List Of OFS Spending Cuts [Real-Time OFS Crisis Response Tracker]
E&P operators announced their spending cuts a week or two before most of the oilfield service industry (OFS). We are tracking the E&P capex pullbacks in real-time here, and their planned rig releases and frac crew releases too. Now it’s OFS’s turn to activate the downturn playbook and announce cost …
Read More »Imagining The Unimaginable – Here Are Our Rock Bottom Targets For The 2020 US Oilfield
Earlier this week we outlined 10 key debates that will commence as soon as the oilfield market bottoms. How will we know when the bottom is here? On what kind of stage will these debates play out? What are reasonable expectations for oilfield activity when the floor is reached? In …
Read More »Wet Sand Direct To Blender Might Be Music To Our Fracing Ears [Guest Post]
In addition to the personnel exposure benefit, the elimination of the drying process has a very real impact on energy consumption and the resulting emissions. Converting an annual operation that pumps 360,000 tons of sand dried by natural gas to a wet sand operation would reduce CO2 emissions by at …
Read More »When We Make It To The Other Side… The Top 10 Debates For When The NAM Oilfield Bottoms
One beaten-down reader told us last week that we need to start a virtual happy hour after every newsletter we send these days. We understand – the subject matter is indeed depressing. Recent newsletters haven’t been easy for us to ship, for we know that our writings reflect the pain …
Read More »Wherever Frac May Roam… Meet Nomad, A New Entrant In The Emerging Mobile Mini Frac Sand Category
We recently caught up by phone (observing social distancing) with the management team of a new entrant in the emerging mobile-mini frac sand plant market. Here’s what we learned about their plans and what they are doing differently… There’s a lot more to this story… Login to see the full …
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