With just a week left in the quarter, we quantified a leading indicator for Permian drilling activity in this edition of our weekly rig count update. 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 …
Read More »US Drilling Appears To Be On The Verge Of A Shallow Trough… Is A Spring Or Summer Rig Count Rally In The Cards?
In this week’s regular rig update, we note that while Total US land rig counts are down 27 rigs month over month, they’re up 28 rigs since this time last year. If the unconventional Permian rig counts is any sort of leading indicator, US land rig counts as a whole …
Read More »US Onshore Drilling Outlook Still Tepid – Digesting More Lower 48 Drilling Outlook Commentary
In our regular weekly update this week, we digested another leading land contractor’s outlook for the US onshore rig market in 2019. 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 …
Read More »With The Brakes “Full On” In Canada, Drilling Rig Migration Into The Lower 48 Is Worth Monitoring This Year
In our regular weekly update this week we take a look at a potential capacity injection from the north. 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 …
Read More »Did 2018 Set The New Cyclical Ceiling For US Onshore Drilling?
The US onshore rig count has been basically flat since June of this year and is likely biased lower over the next several weeks as seasonality catches up with rig count. There’s a lot more to this story… Login to see the full update… To read this update and receive …
Read More »Another Permian Bear On The Bandwagon. Will They Be Right For The Wrong Reasons?
In this week’s regular rig count update, we analyze the latest Permian bear call and shine a spotlight on Permian permits to discern clues about the near-term outlook for drilling after a better than expected 3Q rig count. There’s a lot more to this story… Login to see the full …
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