Tag Archives: completions

Schlumberger’s position and perspective on the North American market might best be described as a love-hate relationship. Endorsing the Lower 48 onshore outlook is simply not in Schlumberger’s DNA. Even as the company describes challenges that may make the North American E&P model unsustainable, it can’t resist getting bigger in …

Friday was a potentially transformative day for the US frac business. Not to be outdone by Halliburton’s big news Friday morning, Schlumberger and Weatherford dropped their own bombshell Friday evening. Schlumberger and Weatherford are combining their hydraulic fracturing businesses into a OneStim JV, which will be 70% owned by Schlumberger. …

Halliburton took an unusual step on Friday morning, hosting a conference call before the quarter ended to provide an operational update. On the call, Big Red put all other US pumpers on notice: the US is their turf and they won’t give it up easy. The company has executed a strategic pivot from …

One of our takeaways from the Petroleum Connection’s frac sand conference in Houston earlier this month was the threat of cheap, quick supply coming online from brownfield capacity expansion. Over the past several weeks, this threat has fed investor concerns that looming supply growth will soften the frac sand market which …

Solaris Oilfield Infrastructure Inc. filed for a $100mm IPO late last week. Solaris is one of the frac sand last mile logistics companies highlighted in our deep dive report, which identified the company as a likely candidate to go public this year. Unlike some other new last mile solutions focused …

Earlier this week, we published an in-depth look at Encana’s Davidson pad in the Permian. 64 wells are planned at this site, making it the largest full-scale development in the Permian. We believe that reader response to a report like this can often be more compelling than the report itself, for …

Traveling down W FM Road 1787 south of Odessa before Hwy 349,  a well-worn dirt road wide enough for two-way traffic cuts off the main road. About two miles down this dirt road lies a monster. This is the site of Encana’s Davidson multi-well pad – a Permian phenomenon. It is the …

Depending on the oilfield service or product line, we’ve heard of price increases of anywhere from 5% to 40% pushed through just in the past few months alone. As service companies look for new angles to justify higher list prices, they are increasingly pointing a finger at the labor pool. …

Supply chain inflation is a trending topic in O&G. One of the biggest debates in the oilfield today centers around the sustainability of the cost reductions E&Ps achieved during the downturn. How much was lasting process change and innovation vs. temporary supply chain price concessions? E&Ps will be far more …

This week, Infill Thinking attended and participated in the frac sand industry conference hosted by the Petroleum Connection. With a strong agenda, the conference attracted 150 attendees including some of the industry’s biggest executives. In this update, we are sharing some of our takeaways that confirm well established trends and consensus …