Tag Archives: onshore

+10. Flat. Flat. -2. Those are the weekly changes the US land rig count has posted for the past four weeks. Not bad! A couple weeks ago – after the first two datapoints in the pattern above – we wrote “The Past 2 Weeks Don’t Make A Trend, But 2 …

In a separate update earlier this week, we quantified a new kind of flaring intensity index. Today we explore the qualitative side of this trend, distilling over 1,000 executive/investor conversations about flaring over the past decade and a half into this 5-minute-read summary. There’s a lot more to this story… …

In our weekly rig count update this week, we digest a 2019 outlook from a leading land drilling contractor. 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 …

The early-2019 rig count continues to see saw. Are we at inflection or are we not? We discuss… 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 …

About 10 days before the H&P conference call this week, we wrote a report about something new the land contract driller is doing in the field – an onshore drilling first. In that report on these so called “piggy-back rigs,” we suggested H&P management might introduce and talk extensively about this …

Never a dull moment in pressure pumping. See what we landed in our “datapoint fishing net” during the past 48 hours. 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 …

In basin sand for the Mid-Con seems to be coming up more frequently in our conversations with industry contacts. Here’s three recent examples followed by analysis of SCOOP/STACK drilling rig activity trends. There’s a lot more to this story… Login to see the full update…  To read this update and …

We have seen some recent market commentary interpreting a lackluster Permian rig count response to the 4Q17 oil price rally as evidence of a change in E&P behavior or appetite for Permian development. We do not believe this interpretation is accurate.  In this update, see what we believe are the real …

Three of the largest US land drillers (together controlling 35% of the market) openly resisted the downward trending rig count last week. The US land rig count fell in 9 of the last 12 weeks and is off 5% from peak. The prevailing view has been that this decline would …

In this update we examine drilling permit data for South Texas to infer how the storm and subsequent flooding has impacted drilling rig demand in the region. There’s a lot more to this story… Login to see the full update…  To read this update and receive our research newsletters, you …