More with Less... US Land Drilling and Completion Efficiencies Continue to Increase
Just when you thought drilling and completion efficiencies were topping out, we are proven wrong... again! The grit, innovation, and...
E&P Operators Expect Supplier Pricing for Hydraulic Fracturing Services to Decrease
US land oil and gas operators anticipate pricing for hydraulic fracturing services to decrease by 2.9% over the next twelve months.
DUC DUC… NO. The Growing spread between Drilling Rigs and Frac Fleets.
The rig count in US land has increased by nearly 200 in 2022 while increases in frac spreads has trailed. The exhibit below highlights...
SIMO FRAC… It’s Just NOT For Everyone!
While drilling and completion efficiencies continue to increase, the prospect of Simultaneous Hydraulic Fracturing or Dual Fracturing has...
Operators Flight to Quality Suppliers Is Expected in 2020 and 2021
With oilfield service suppliers having no room to give additional price discounts, E&P operators will turn to quality suppliers.
Oil Price War Re-Visited
A new oil price war? Looking back on the oil price war of 2015 what lessons have we learned?
US Land Operators Report Increasing Drilling & Completion Efficiencies in 2019
US land oil & gas operators continue to report increasing drilling & completion efficiencies in 2019. For example, US land operators...
