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, please email us to discuss our current subscription options at hello@infillthinking.com. (Current …
Read More »Last Time The US Rig Count Was This Low, Abraham Lincoln Was President
The total US rig count hit 258 last week as the land rig count dipped below the important 250 mark to 246 rigs turning to the right. With absolute certainty, this is the lowest level in seven decades (since Truman was president). With high confidence, this is the There’s a …
Read More »Only Minus 1 Rig! The US Land Drilling Trajectory Continues To Flatten
Are we there yet? To the 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 has expired, please email us to …
Read More »Only 30 More Rigs Left To Idle Until We Hit Rock Bottom?
Where is the rig count going to strike bottom and how high will it go in the next cycle? We discuss this and other key issues in land drilling with the insight of the top land rig CEO There’s a lot more to this story… Login to see the full …
Read More »Market Share For The Biggest Land Drillers Before And After The Crash
What happens to land rig contractor market share when the rig count gets demolished? These visuals explain the company-by-company fallout. 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 …
Read More »Marcellus Drilling & Completion Trend Spotlight [Appalachian Chartbook]
There’s been a lot of focus on the Lower 48 natural gas plays as a source of relatively strong oilfield service demand in the oil crisis. This week, we took a data-driven look at a variety of activity metrics in the play – a “wellness check” if you will… There’s …
Read More »Eagle Ford Drilling Demand Blows Through Prior Cycle Lows In A Fraction Of The Time
From peak to trough, last cycle’s X% rig count in South Texas decline took X months. This cycle, a X% drilling decline has played out in just X months…. There’s a lot more to this story… Login to see the full update… To read this update and receive our research …
Read More »For The Permian Basin… Good News & Bad News
This update offers up a mixed bag to the many good Infill Thinking members whose economic interests lie in the oilfields of Midland, Carlsbad, Kermit, and the surrounding area. Feature image taken by the Infill Thinking team on a recent trip to gather in-basin market intel for members… There’s a …
Read More »Shatterproof
In the wreckage of the land drilling market, there’s a clear bifurcation of fortunes. 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 …
Read More »Preparing For The Next DUC Hunting Season By Dissecting The 50% Drilling Decline Across The Permian
The Permian Basin rig count is down 50% from March, with little variance in the percentage decline between the Midland and Delaware Basins. But the downtrend does vary county by county… There’s a lot more to this story… Login to see the full update… To read this update and receive …
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