Tag Archives: rig count

In the Permian Basin, horizontal drilling activity is up 101 rigs so far this year. This is more than 2x the next fastest growing play (Eagle Ford +41). In this week’s Infill Thinking rig count update, we get granular on Permian growth. We’ve ranked the counties across the Permian’s basin trifecta …

We celebrate the recovery’s one-year anniversary by comparing how this recovery compares to others, revisiting our 2017 rig count forecast, and detailing rig count by region across the US. feature image photo credit: @jasplund91 There’s a lot more to this story… Login to see the full update…  To read this update …

About a month ago, we noticed a material spike in permitting activity for horizontal wells in the Permian Basin. Based on historical data, the March spike suggested that the Permian horizontal rig count could increase further 25%. We look at what’s happened since then, and update our permitting analysis for April data in this …

Last week after scouring air permit data, we identified a new sand mine site in Culberson County Texas In conversations with readers offline, the potential mine’s location has come up several times as a sticking point. Could this sand be stranded if indeed it is pointed at the frac industry? (questions …

Most industry observers now accept that the oilfield is on a path towards digitization, big data, machine learning, more integration, and automation. Instinctually, most of these same observers would probably not pick land contract drilling as a segment to lead the charge. But it has become increasingly clear to us that …

With all the talk of local sands in recent weeks, we thought it’d be worthwhile to map rigs vs. mines. Shown on our map in this update is the dispersion of the US horizontal rig count plotted against the percentage of US frac sand capacity arising from a half dozen …

  This update started with three qualitative observations we wrote about over the past several days. These sent us back into the spreadsheets for today’s piece. We sliced and diced drilling data to expound on Haynesville green shoots, a Delaware Basin push, and frac sand valuation commentaries. There’s a lot more …

Drilling permit data from March showed increased operator appetite for drilling and more room to run for the rig count. We share a chart capturing the trend and break down the permit data into actionable analysis on hot spots and top operators. There’s a lot more to this story… Login …

Last November before the OPEC meeting, we published a 2017 US land rig count forecast, which called for about 825 US land rigs working at year-end 2017. At the time, our forecast called for sharper growth during 1H17 than consensus expectations, with the pace of activity gains leveling off during 2H17. In this …

US tight oil activity continues to recover in a global vacuum. Since the US rig count bottomed in May 2016, international onshore drilling is essentially flat and offshore activity is down 14%. How much longer will this be the case? We share some important charts and describe how the outlook has …