There is a dark side to the booming Permian Basin frac market. This week, we followed a lead into the underbelly of the Permian Basin oilfield, investigating chatter we are now hearing about frac sand heists at transload terminals. We have now confirmed with multiple industry sources that recent thefts of …
Read More »As The Sharpest US Drilling Recovery Ever Continues, The Permian Is Being Left Out Now
In our previous weekly rig count update, we noted that Permian growth has been slowing and provided some thinking as to why. This week, Lower 48 drilling surged, printing its best weekly gain since January. But the Permian was notably absent from the party. We’ve got charts, stats and analysis on …
Read More »Encana’s 64-Well Monster – A Permian One-Off Or The Pad Of The Future?
Traveling down W FM Road 1787 south of Odessa before Hwy 349, a well-worn dirt road wide enough for two-way traffic cuts off the main road. About two miles down this dirt road lies a monster. This is the site of Encana’s Davidson multi-well pad – a Permian phenomenon. It is the …
Read More »Breakneck Permian Rig Count Growth Is Cooling Off Now
Unconventional drilling in the Permian’s Midland and Delaware Basins has been increasing at a breakneck pace since 4Q16. Horizontal rigs going back to work on Midland and Delaware formations alone account for 1/3rd of the total increase in Lower 48 rig count since September 30, 2016. Over the past five weeks or …
Read More »Why Am I Sitting In A Hotel In Midland? [Guest Post]
Note: Each Friday in March, we are passing the keyboard to one of our readers to share perspective from the field. We hope you enjoy the thoughts these hand-picked contributors have to share. Here is this week’s story… Why am I sitting in a hotel in Midland? It seems a …
Read More »As The Permian Boom Makes National News, Infill Thinking Chimes In For NPR Piece
On March 7, National Public Radio addressed the Permian Basin’s explosive growth in a broadcast airing across 900 US radio stations. Infill Thinking founder Joseph Triepke spoke with NPR for the piece, sharing industry insider perspective on West Texas drilling and frac’ing. While we gave a nod to the recovery, we …
Read More »A Frac Sand Mine Lands In The Permian. This Could Transform The Competitive Sandscape [Exclusive Details]
After the market closed Thursday evening, Hi-Crush Partners quietly dropped the equivalent of an atom bomb on the frac sand business. In a busy press release that disclosed two other deals, Hi-Crush described in muted tones plans to build the industry’s first frac sand mine in the Permian Basin. This is …
Read More »Horsepower Feeding Frenzy In The Permian As ProPetro Launches The 2nd Frac IPO Of The Year
Following the well received initial public offering floated by Keane Group (ticker FRAC) in January, ProPetro filed for their IPO on Wednesday. They take the ticker PUMP – stale oilfield comp sheets are getting a trendy new makeover. This Permian pumper is going to grow fast – sign in to read all …
Read More »Two Operators Mashed Their Gas Pedals In The Permian This Week [Bullet Points]
News from Parsley Energy and SM Energy on Tuesday continued the Great Permian Migration trend this week. We break down the news into the most important incremental bullet points and provide a few words on the bigger picture trend in the Permian. By the way, if you are looking to …
Read More »Read The Controversial Permian Basin Survey That Is Raising Eyebrows
We don’t normally republish articles from third party sources in full. But an in depth survey on the state of the Permian released at the end of last year is making the rounds this week. And if you haven’t seen it yet, it is definitely worth taking a look. Runaway …
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