While we were getting drenched in the MidCon this week, the sky was falling in New York too. 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 »A Fracing Game Of Chicken Is Afoot As Market Visibility Fades [Chart Of The Day]
The frac market is in flux. Who’s still planning to grow? Who’s not? Will plans be realized? We quantify and discuss… 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 »Schlumberger Says International Oilfield Service Markets Have Finally Turned The Corner [Live Blog Complete]
The Schlumberger conference call begins at 7:30 am this morning, and we are live blogging the highlights here. Before the call starts, we posted two observations from the press release. There’s a lot more to this story… Login to see the full update… To read this update and receive our …
Read More »As Schlumberger’s Permian Mine Opens, Management Pulls Back The Curtain A Bit On Frac Sand Strategy
In a slide deck released this morning, Schlumberger provided some interesting comments on frac sand. 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 …
Read More »Soft Prices & Oversupply In Pressure Pumping Are Pushing Schlumberger’s Frac Reactivation Plan To The Right
Oilfield earnings season kicked off Friday morning as Schlumberger discussed the outlook. No EPS here, just the important market points Big Blue made about business conditions in North America. There’s a lot more to this story… Login to see the full update… To read this update and receive our research …
Read More »Schlumberger Talks US Frac Fleet Growth, US Onshore Bottlenecks, And International Outlook
In our view, here are the ten most important things Schlumberger said about the OFS market outlook on their 4Q17 conference call on Friday. This update breaks down the 1-hour plus SLB call into a 5-minute read. There’s a lot more to this story… Login to see the full update… To …
Read More »OneStim Is Just BlueStim Now – Weatherford/Schlumberger JV Breaks Up, Replaced With Outright Pressure Pumping Sale
The OneStim JV between Schlumberger and Weatherford contemplated in March of 2017 has broken apart. Instead, Weatherford sold off its idled pressure pumping business to Schlumberger. What does this mean for the players and the market? We have some thoughts here… There’s a lot more to this story… Login to …
Read More »After A “Fractastic” Quarter, Schlumberger Diagnoses The US Onshore Market With A Muted Growth Outlook Next Year
Listening to Schlumberger’s conference call this morning, we were reminded just how much Big OFS has changed. In this update, we focus on takeaways relevant to the oilfield’s general population – specifically the outlook for US pressure pumping, international OFS, new offshore contracting models, and the oil macro. There’s a lot …
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