The US land rig count had one of its best weeks of the year this week for change, adding 13 rigs (best week since January). Interestingly, the gains didn’t come from the typical places… Login to see the full update… To read this update and receive our research newsletters, you …
Read More »The Past 2 Weeks Don’t Make A Trend, But 2 More Will…
Are we there yet? To the bottom of the worst downturn ever? Login to see the full update… To read this update and receive our research newsletters, you must be a member. If your free trial has expired, renew here. (Current members login here.) Members get Exclusive research update newsletters High-caliber, data-driven analysis and commentary …
Read More »Permian Rig Count Ticks Higher For First Time Since March
Not going to make a big difference in anyone’s business, but it’s good to see… Login to see the full update… To read this update and receive our research newsletters, you must be a member. If your free trial has expired, renew here. (Current members login here.) Members get Exclusive research update newsletters High-caliber, data-driven …
Read More »Permian Rig Count Finding Firmer Ground
Login to see the full update… To read this update and receive our research newsletters, you must be a member. If your free trial has expired, renew here. (Current members login here.) Members get Exclusive research update newsletters High-caliber, data-driven analysis and commentary New angles on stories you’ll only find here No advertisements, no …
Read More »Last Time The US Rig Count Was This Low, Abraham Lincoln Was President
The total US rig count hit 258 last week as the land rig count dipped below the important 250 mark to 246 rigs turning to the right. With absolute certainty, this is the lowest level in seven decades (since Truman was president). With high confidence, this is the Login to …
Read More »Only Minus 1 Rig! The US Land Drilling Trajectory Continues To Flatten
Are we there yet? To the bottom? Login to see the full update… To read this update and receive our research newsletters, you must be a member. If your free trial has expired, renew here. (Current members login here.) Members get Exclusive research update newsletters High-caliber, data-driven analysis and commentary New angles on stories you’ll …
Read More »Only 30 More Rigs Left To Idle Until We Hit Rock Bottom?
Where is the rig count going to strike bottom and how high will it go in the next cycle? We discuss this and other key issues in land drilling with the insight of the top land rig CEO Login to see the full update… To read this update and receive …
Read More »Market Share For The Biggest Land Drillers Before And After The Crash
What happens to land rig contractor market share when the rig count gets demolished? These visuals explain the company-by-company fallout. Login to see the full update… To read this update and receive our research newsletters, you must be a member. If your free trial has expired, renew here. (Current members login here.) Members …
Read More »Marcellus Drilling & Completion Trend Spotlight [Appalachian Chartbook]
There’s been a lot of focus on the Lower 48 natural gas plays as a source of relatively strong oilfield service demand in the oil crisis. This week, we took a data-driven look at a variety of activity metrics in the play – a “wellness check” if you will… Login …
Read More »Eagle Ford Drilling Demand Blows Through Prior Cycle Lows In A Fraction Of The Time
From peak to trough, last cycle’s X% rig count in South Texas decline took X months. This cycle, a X% drilling decline has played out in just X months…. Login to see the full update… To read this update and receive our research newsletters, you must be a member. If …
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