There is a new oilfield service company scheduled to price a $300mm initial public equity offering on November 3. This isn’t an ordinary IPO though – it is a blank check company backed by some oilfield industry titans. There’s a lot more to this story… Login to see the full …
Read More »Halliburton Weighs In On Key Market Debates: 2018 Outlook, Frac Pricing, Newbuilds, Sand Trends, Etc.
Halliburton hosted what we saw as a generally positive and realistic conference call Monday morning. The stock took a hit, we believe due to slowing NAM cyclical growth overall not because of HAL-specific concerns. The US rig count is pulling back as expected. In that context, Halliburton is focused on …
Read More »DUC Hunting Season Returns [Guest Post]
When I first met Todd Bush, he was laying the groundwork for the research firm he co-founded in 2012, Energent Group. Even back then when his databases and software were in their early stages of development I recall being impressed by the granularity of the charts and output he was generating. …
Read More »Reader Response To The Latest Permian Mine News
We believe that our readers’ response to news can often be more compelling than the report itself, for our readership comprises some of the industry’s brightest minds, including folks who are working on (or buying from) similar initiatives in the field. See what your fellow Infill Thinkers are saying about …
Read More »Halliburton Drops A Sand Bomb, But Is It Signal Or Noise?
It’s a sign of the times. Frac sand controversy on Halliburton’s earnings conference call Monday overshadowed everything else, including some interesting points on pressure pumping dynamics, rig count brake tapping, international service pricing trends, and higher wages. We’ll address Big Red’s “non-sand” comments in a separate update later today. These …
Read More »EnerVest Tries To Reassure Its Riled Supply Chain After WSJ Hit Piece [Email & Counterparty List]
The Wall Street Journal knows how to title a hit piece. After their article saying EnerVest is worthless, the company is scrambling to reassure its fearful supply chain. See who works for the operator and read EnerVest’s crisis management response in this update. There’s a lot more to this story… …
Read More »Indirect/Hidden Costs Are Posing An Increasing Threat To E&P [Guest Post]
Each Friday in June, we are passing the keyboard to one of our readers to share perspective from the field. We have handpicked these experts in their fields to share insights on key oilfield trends and debates. In today’s piece, online marketplace RigUp offers cost and market transparency on the Lower …
Read More »Henry Ford Didn’t Build A Faster Horse And Neither Should You – 3 Big Data Mistakes The Oilfield Keeps Making [Guest Post]
The big data hype machine can be powerful, and it’s tempting to believe that building and maintaining an effective analytic capability is effortless, with limitless benefits. Today, every company in the oilfield is in the midst of a tech / big data / automation overhaul. In this guest post, Steve …
Read More »Assorted US Frac Horsepower Market Intel Bullet Points [5-Minute Read]
A round up of various talking points and trends in the US frac market as it stands today including comments on pricing, utilization, availability, contracting activity, and completion size trends. There’s a lot more to this story… Login to see the full update… To read this update and receive our …
Read More »Frac Hits Challenge E&P Teams, Impact Completion Workflows, And Require Investment In Learning
In a piece several weeks ago, we detailed how Range Resource handled material frac interference in their Terryville field (see point 5). Since then most of the E&P universe has reported earnings. On conference calls, we heard more concern related to frac communication, and learned more about how E&Ps are dealing with it. …
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