Individuals are often overlooked in this asset-intensive sector, but talent shifts can have big implications for value creation, oilfield trends, sales and competitive dynamics. 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 …
Read More »18 Frac People On The Move
We take a look at some notable comings and goings. The frac talent pool continues to play musical chairs. 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 »Hidden Disruptions Plague A Beleaguered Oilfield And Will Be A Bad Hangover In The Recovery
We recently published data showing how the upstream industry’s conversation on critical structural issues has been interrupted by the immediacy of a dual-threat crisis (pandemic + oil price crash). In reality, that data is just the tip of the iceberg… There’s a lot more to this story… Login to see …
Read More »Oilfield Workforce Contraction Is 3x Deeper Than Last Downcycle Per This Metric [Depressing Chart Of The Day]
This chart is gut wrenching, and we haven’t even gotten into May and June yet, which could be even worse. Our hearts ache with the impacted oilfield workers (and their families) that make all the stuff we love to write about happen. There’s a lot more to this story… Login …
Read More »Paycheck Protection In The Oilfield [Chart Of The Day]
The US government has approved two rounds of “Paycheck Protection Program” (PPP) funding totaling nearly $700bn. The program offers partially forgivable loans of up to $10mm for companies with 500 or less employees. The funds are trickling into the oilfield, and rightly so. Here’s a look at the energy companies …
Read More »Oilfield Hiring Is Frozen With One Exception… [Chartbook]
As this vicious downturn sends the US oilfield industry into a workforce reduction spiral, it goes without saying that hiring freezes have become the norm. Just how bad is it and are there any bright spots? We quantify the oilfield job market here… There’s a lot more to this story… …
Read More »8 Frac People On The Move
We take a look at some notable comings and goings. The frac talent pool continues to play musical chairs. 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 »US Oilfield RIF Tally Mounts [Chart Of The Day]
One week ago today, we quantified the reduction in force trend using 2019 headcount data from the 15 companies that had filed annual reports up to that point. Today, we’ve added another 22 companies that have released annual reports since then, and the number of jobs lost in US shale …
Read More »Permian Frac Sand Plant De-Rating [Chart Of The Day]
Permian sand plant staffing reductions effectively de-rated production capacity in 4Q19. The trend in this chart helped set up the supply crunch we’ve dubbed Sandemonium when customer budgets reset seasonally in January… There’s a lot more to this story… Login to see the full update… To read this update and …
Read More »10 Oilfield Water & Frac Sand Specialists On The Move
In this asset-intensive business, talent shifts are often ignored. But people matter. Talent shifts affect how business is done and competitive advantage, and here are ten moves that matter for how business is done in the sectors we cover in early 2020… There’s a lot more to this story… Login …
Read More »