A couple weeks ago, Infill Thinking published an update on grid-powered rigs picking up steam as operators seek to cut emissions. Subsequently, the topic became a central point of interest during…. There’s a lot more to this story… Login to see the full update… To read this update and receive …
Read More »Canadian Spring Breakup Arrives Early This Year Amid Depressed AECO Nat Gas Pricing
In this weekly rig and frac spread count update we take a close look at Canadian drilling trends. 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 …
Read More »Here’s A Look At The Shrinking Rig/Frac Spread Ratio That Halliburton Mentioned Monday Morning
On Monday morning, Halliburton discussed shrinkage in the ratio of drilling rigs to frac spreads in the US market. In our weekly rig count update, we quantify the trend with a chart and discuss its implications. There’s a lot more to this story… Login to see the full update… To …
Read More »A Look Back At 2017 US Onshore Drilling Growth By Basin [Heatmap]
As the year draws to a close, here’s a look around the nation at the hottest onshore drilling basins and how they stack up this year on activity growth. Also included is a discussion of how the actual overall trend in US drilling compares to expectations a year ago and …
Read More »This Chart Shows How The Oilfield Service Value Chain Has Been Turned Upside Down
In our weekly rig count update this week, we take a look at how frac sand volume per rig has trended the past few years. Plotting the sand/rig ratio reveals a rapid sea change in the Lower 48 oilfield service value chain. There’s a lot more to this story… …
Read More »In The Nation’s Two Biggest Liquids Plays, It’s A Tale Of Two Cities
In this weekly rig count update, we take a quick look at the rig count evolution of today’s two most important US onshore markets: West Texas and Oklahoma. You may remember the following chart from an update early this year when we wrote about the bifurcated Permian market place…. …
Read More »US Land Drilling Contractors Unanimously Defy The Rig Count Trend
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 …
Read More »Rigs vs. Sand Mines [Map]
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 …
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