Infill Thoughts

The biggest regional contributor to the US Shale Revolt will be the Permian Basin. The Permian is the only unconventional oil play where production has not fallen in the downturn. In fact, Permian production today is up 13% since that fateful OPEC meeting two years ago. Following it’s conventional production …

Two months ago, we penned a deep dive on the offshore drilling outlook, concluding that things still must get worse before they get better. Atwood’s conference call yesterday provided a good theory test, and we came away with confirmation of our multi-year hard landing view. Here are the most important fundamental …

In the decade we’ve been covering the oil business, we can’t recall another period of time when technology and efficiency gains were occurring this fast. And as students of this industry, we’d argue that there’s been no time in history when O&G industry methods were advancing at today’s pace. Globally, human …

There were a lot of smart things about the Nabors analyst day last week. One of those was the timing. Nabors was smart to host its event after most of the other contract drillers hosted their earnings conference calls in the weeks leading up to the event – the timing …

On Thursday, we attended an all-day event hosted by Nabors Industries in Houston for analysts and investors that follow the company. Nabors went all out on this one, rolling out a 160-slide deck at a full day event that included nine presentations from senior Nabors executives, a rich multi-media campaign, and a half …

The shock of Trump’s come from behind victory will reverberate throughout the world, the capital markets, and even the oil industry for multiple news cycles. The upset is being called the biggest US news story since the 9/11 tragedy. An important O&G win in the Rockies Tuesday night was overshadowed by …

We examine an interesting correlation between Hilary’s lead and the rig count 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. If you are new to Infill Thinking, or your membership …

An internal challenge set by the Statoil front office this year tasked engineers with something that would have once been thought impossible: turn a profit on a major new Barents Sea field development, the Johan Castberg, at $40 oil. Is $40 is the new $70? Statoil’s internal hurdle was lowered earlier this …

Leading Independent E&Ps like EOG Resources and Continental Resources are moving quickly now to complete their excess drilled but uncompleted (DUC) well inventories. The recent increase in oil prices into the $45 – $50 range was the signal to complete ’em if you got ’em. In this update we review the specifics …

Shares of Apache sank 7% Thursday, closing at their lowest level since the Alpine High wet gas discovery was announced in early-September. The transformational Reeves County discovery has made Apache the darling of investors for the past several months. Here’s what’s new… There’s a lot more to this story… Login to see …