As 1Q20 E&P earnings season gets under way, there are just a handful of US E&P operators that haven’t publicly disclosed how much they’ll cut their 2020 spending programs in the wake of the crisis. There are some common traits shared by some of these companies including… a) gas exposure …
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 »On The Oilfield’s Second Black Monday This Spring… One Word Comes To Mind: TEMPORARY
We know you know the logic, but on days like today, it’s good to read and re-read the crude oil cyclical rationale in it’s simplest form, which is as follows: There’s a lot more to this story… Login to see the full update… To read this update and receive our …
Read More »A Deep Dive (& Some Fun) With The Historic Hearing On Texas Oil Cuts [Summary Of 9-Hour Testimony]
The Texas Railroad Commission (and a whole bunch of oilfield folks) had a very busy Tuesday. The three Commissioners hosted a nearly 9-hour long virtual open hearing on Tuesday, taking petitions for and against prorating Texas oil production. 20,000 viewers tuned in to watch the webcast. A whopping 53 industry …
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 »Oilfield Hiring Is Frozen With One Exception… [Chartbook]
As this vicious downturn sends the US oilfield industry into a workforce reduction spiral, it goes without saying that hiring freezes have become the norm. Just how bad is it and are there any bright spots? We quantify the oilfield job market here… There’s a lot more to this story… …
Read More »A Dystopian 2020 US Oilfield. Day-By-Day E&P Budget Cuts & A Look Ahead… [Chart Of The Day]
This piece charts the capex cuts daily so far in what can only be described as a historic, no dystopian, E&P crisis response. We also discuss what happens next with capex spending and frac crew releases and the bigger picture… There’s a lot more to this story… Login to see …
Read More »Two Permian E&Ps Call On TX RRC To Limit Oil Production While Echoing Infill Thinking’s Sub-$10 WTI Prediction
A desperate bid by two Permian operators to put a floor under the price of oil and stabilize and save the US E&P industry… 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 …
Read More »Tallying Up The Known Frac Crew Releases For The Public E&Ps
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 »Seems Impossible, But Things Got Worse Between Black Monday & Friday The Thirteenth [Notes From The Field]
As last week wore on, we had hoped it would get better. It did not. We had also hoped that our initial concern expressed on Tuesday was overstated when we wrote then that the swiftest shale pullback in history could be imminent. It was not. As the week wore on, …
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