Some big (and small) public companies have made announcements over the past few days that you should know about if you work in OFS, sand or other shale supply chain roles. Here’s a quick rundown of 8 key company disclosures: Midland Over Riyadh Today, Saudi Aramco press released a …
Read More »Covid’s Frac Impact Takes A Turn For The Worse…
A quick update to our frac outbreak story from last week… 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 has expired, …
Read More »TX Oilpatch Layoff Trends [Chart Of The Day]
This week, we updated our WARN notice chart, tracking oilfield mass layoff activity back to 2011. We noticed that… 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 …
Read More »Flu Fear On The Frac Site
If this virus can can shut down Major League Baseball and Disney Land, why should we expect that frac sites will be any different and stay open as virus reaction spreads? If this virus can empty dormitories because of spreading risk in close quarters, what about man camps? Here’s what …
Read More »What Labor Loss? So Far Re-Hiring Concerns Seem Overblown
In the US onshore market, skilled workers are returning to the oilfield jobs they were doing a couple years ago en masse. We talked to a drilling consultant in West Texas this week who has been filling his days with dirt work during the downturn. He just got called back …
Read More »Those Who Cut The Deepest Will Staff Up The Quickest [2 Charts]
In the first months of the downturn, we began warning that a workforce designed for $100 oil is not the same one needed at $50 oil. However, the oilfield service industry right sized extremely quickly to lower activity levels over the past two years. We’ll soon see just how surgical these cuts …
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