In terms of the current unconventional drilling rig count, this formula works to within a rounding error. Although it’s probably not a huge surprise to most Infill Thinkers, it’s still some mind-blowing arithmetic: There’s a lot more to this story… Login to see the full update… To read this update …
Read More »Cherry Picked Datapoints From A Bevy Of New O&G Presentations This Week
Since New Year’s Day, ~40 fresh IR decks have hit the wires from the O&G industry… and that doesn’t even include downstream or midstream. The presentation dump came ahead of the year’s first significant O&G investor conference this week. We have cherry-picked the following datapoints with 2018 implications from public …
Read More »Establishing A 2018 Tight Oil E&P Capex Growth Floor? The Most Budget Conscious E&P Set A 16% 2018 Increase Vs. Prior 2017 Plan
Anadarko’s 2018 capital spending program was released Thursday morning. It is one of the first detailed 2018 E&P budgets to be released this budget season. Given their focus on discipline and returns and leadership in crafting a sustainable framework for developing tight oil, Anadarko’s E&P capex budget should help establish …
Read More »In The Nation’s Two Biggest Liquids Plays, It’s A Tale Of Two Cities
In this weekly rig count update, we take a quick look at the rig count evolution of today’s two most important US onshore markets: West Texas and Oklahoma. You may remember the following chart from an update early this year when we wrote about the bifurcated Permian market place…. …
Read More »Permian Frac Sand Scattershooting Part 2: Smart Sand’s Plan, Well Performance, New Contracts, Delaware Usage
Another installment in our popular series of tidbits on Permian Basin frac sand mine scene happenings. 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, …
Read More »Canary In The Coal Mine? A Pecos Spring Just Went Dry For Just The Third Time In Recorded History
On the heels of an industry-first Delaware Basin water deal signed about a week ago comes a report from a Permian rancher to our desk that a historic spring has gone dry. In this update, we examine the brackish water requirements implied by frac sand volumes, discuss the dry spring’s …
Read More »What’s Going On In Culberson County?
Last week after scouring air permit data, we identified a new sand mine site in Culberson County Texas In conversations with readers offline, the potential mine’s location has come up several times as a sticking point. Could this sand be stranded if indeed it is pointed at the frac industry? (questions …
Read More »$6.2 Billion Worth Of Oilfield IPOs Are Evidence Of A Race To The Bottom
It won’t come as a surprise to most of our readers that a slew of O&G IPOs are coming to market. Instead of rubbing our hands together with excitement, perhaps we should be wringing them in worry. We are now monitoring about 20 US onshore oilfield IPO deals collectively sized at …
Read More »Check Out The Delaware Doozy That Is Turning Heads
The latest EOG Resources well in the Delaware basin is turning heads after a big IP24. It also has implications for frac sand consumption. We’ve got all the details for you in this update (take out our free 30-day trial below to read). There’s a lot more to this story… …
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