After a relatively quiet couple of weeks in the frac sand marketplace, chatter in the channels we check has picked back up a bit. Here are five things that matter that we’ve heard this week… There’s a lot more to this story… Login to see the full update… To read …
Read More »This Government Data Corroborates Recent Frac Sand Producer Commentary [Chart Of The Day]
This government data set is worth highlighting this morning, since it directionally lines up with recent frac sand management commentary on the bottom… 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. …
Read More »Keane Idles Three Spreads While Pushing A New “Whisper Fleet” For The DJ Basin [Live Blog…]
We live-blogged the most important comments with oilfield marketplace implications from the Keane conference call this morning. 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 Infill …
Read More »Is This The Beginning Of The End For Land Drilling Rig Dayrates?
When (not if) will the leading land drilling contractors make a hard push to be paid under a different model than the entrenched dayrate pricing framework? It’s a question we’ve wondered about for years now as we’ve watched land drilling rigs drill more and more wells per month, benefiting their …
Read More »Sand Dollars: An Update On Permian Proppant Pricing Trends
After Hi-Crush’s news last week of a major contract win (pun intended) at a surprisingly strong price, we dug much deeper into the latest Permian Basin frac sand pricing trends this week. Please login to see this deep dive on Permian Basin frac sand price trends. There’s a lot more …
Read More »Permian Dune Sand Spot Price Check Up
This week, we worked our channels to check on the latest pricing for in-basin frac sand. Our last price check was during our February trip to the Permian, and earnings season is now just a couple weeks out. So it seems like a good time for a pricing update. Log …
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 »Here’s What US Silica Has To Say About All The Permian Local Sand “Hoopla”
US Silica hosted a positive call to kick off 1Q17 earnings season for the frac sand industry this morning. The outlook provided was bullish for both demand and pricing. The company’s commentary on the emerging Permian local sands market both validated our own thesis and introduced cautionary notes into the …
Read More »It’s Becoming A Rig Seller’s Market When Contractors Showcase Spot Exposure Instead Of Backlog
Just a few months ago, US land rig management teams were still touting their long-term contracts as an asset. Highlighting backlog and term duration is a defensive posture contractors assume when operators have pricing power. Rig count can rise. Dayrates can trough. But until management teams start talking about spot …
Read More »Operators Overheard Getting Grilled About Service Cost Inflation In Vail Last Week
In Vail Colorado last week, Credit Suisse hosted most of the publicly traded upstream industry for the firm’s annual energy summit. Between runs down the slopes, oilfield C-suites talked 2017 prospects with their investors. While service companies were in the next room over talking excitedly about raising prices, E&P management teams …
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