A look at a leading indicator in a key southwest market is the subject of this weekly rig count data spotlight.. 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 …
Read More »The Land Rig Leader Is Driving Commercial Model Change In US Contract Drilling
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 [email protected]. (Current …
Read More »From Late-2019 Strength To Early-2020 Strength For Permian Permits
From strength to strength in January for this important West Texas drilling activity indicator.. 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 »The Curious Case Of Reeves County’s Fall From Grace
In 2017, we recognized Reeves the “most drilled” and “most improved county in the Permian in this update, which we titled: “More Rigs Have Been Activated In Reeves County In 2017 Than In The Entire Bakken.” Here in 2020, we find ourselves writing a very different assessment of activity in …
Read More »It Wasn’t A December To Remember For The US Rig Count… And Maybe That’s A Good Thing!
For the US land rig count, December 2019 was pretty mundane. Considering the downtrend in activity that dominated much of 2019 and the typical holiday headwinds that December brings, a boring month for the rig count was welcome! There’s a lot more to this story… Login to see the full update… …
Read More »US Rig Count’s Christmas Miracle
In late-October, we noted that Patterson-UTI’s CEO Andy Hendricks predicted a modest increase in drilling activity in late-December. Andy might be preparing to take a victory lap now… Last week’s bounce is notable for three key reasons: it breaks… it’s bigger than… it bucks… There’s a lot more to this …
Read More »Oil Prices Below Today’s Were Good Enough Last Upcycle
As 2019 winds down, the E&P downcycle dominants discussion in the US onshore oilfield. Rig count is down 27% YTD. More tellingly, rig count fell in 43 out of the 50 weeks in the books so far in 2019. Why? Unlike in most prior downcycles, it’s not oil price in …
Read More »The More Things Change, The More They Stay The Same…
Rig count’s down big this year. How has that impacted the rig count mix by basin? 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, …
Read More »Rig Count’s Been Laid To Waste, But Operator Drilling Program Outlooks Still Skew Negative
In this week’s rig count update, we have summarized the latest 2019/2020 US onshore drilling program outlooks, operator-by-company, picking out those rig customers who are adding, dropping, or keeping their rig counts flat. There’s a lot more to this story… Login to see the full update… To read this update …
Read More »The “Final Curtain” For Hundreds Of US Land Drilling Rigs?
While logging rig count activity trends, we take a look at the latest outlook from a leading contractor… 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 …
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