Tag Archives: drilling rig

The US land contract drillers are currently unanimous Lower 48 rig count outlook… 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 …

It seems odd to make the following statement right after a bullish OPEC meeting that sent WTI surging 5% higher on Friday: We believe that the Permian Basin rig count has very likely… There’s a lot more to this story… Login to see the full update…  To read this update …

Last week, the US unconventional oil rig count did something it hasn’t done since the downturn. 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, …

In this weekly rig count update, we take a spin around the basins looking at relative performance from recent peaks and valleys. Studying rig count changes during mini-cycles within the big picture trend can illustrate the level of operator commitment to various plays and reveal drilling program volatility within each …

A couple weeks into 2018, the hottest basin in the US is already pulling out ahead as the leader in horizontal rig count growth. This is a trend likely to continue as this play further separates itself from the pack as the hottest play in the US this year. So …

As the year draws to a close, here’s a look around the nation at the hottest onshore drilling basins and how they stack up this year on activity growth. Also included is a discussion of how the actual overall trend in US drilling compares to expectations a year ago and …

Deepwater attracts most of the attention paid to offshore drilling, but shallow water rig demand has improved recently stirring up some hope that perhaps the jackup segment may offer better relative recovery prospects offshore. We asked Infill Thinking subscriber Liz Tysall (a Senior Rystad Energy Analyst who has been following …

Nothing can go up and to the right forever, especially not the rig count. The US onshore rig count fell back by six units this week. This break is actually a good thing and we explain why and break down the weekly rig count in in this post. There’s a …

The US land drilling market is exiting the worst downturn in history. Why not follow that with the sharpest rebound ever? That is exactly what is happening now. Since bottoming about 30 weeks ago, the US rig count has increased 60%. The 1985 recovery outpaced this one for 25 weeks before falling back. The only …

Back in October, the North American land market was bracing for a seasonal slowdown into year-end. Here’s the warning Halliburton CEO Dave Lesar issued on a conference call about 6 weeks ago: “Based on current customer feedback we remain cautious around customer activity due to holiday and seasonal weather-related downtime. Our customers …