Although the oilfield is still dragging bottom and the capacity overhang will linger on for a while, it’s not too early to begin thinking about recovery trajectories. To do that, we turn to…. Patterson-UTI yard in the Permian Basin in October 2021 – feature image photo credit: Red Wing Aerials, …
Read More »Drilling Trends North Of The Border – Our Quarterly Glance At The Canadian Rig Market
As bad as things have been in the US drilling market, Canada has been a real slog this year. In this update, we provide a short briefing on trends there and what could come next… There’s a lot more to this story… Login to see the full update… To read …
Read More »Permian Drilling Permits Finally Falter. Signal Or Noise?
We take a look at drilling permit demand in the hottest oilfield in the world. What does it mean for what comes next? Also, our regular weekly tables and charts derived by applying a little infill thinking and elbow grease to Baker Hughes rig count data. There’s a lot more …
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