This week, we have highlighted data for the various private frac companies, processed early 3Q sand data, and updated our fleet count by basin. Key takeaways include a surprisingly consolidated frac market with only 11 Small/Private competitors (vs 35 in 2014). Meanwhile, sand intensity data...
We have 1) highlighted the correlation between U.S. production and frac stage counts, 2) updated expected industry cash flow (ie capacity to spend in 2018), and 3) taken a closer look at recent SLB frac data. Key takeaways include U.S. production that is increasing inline...
We focused on recent activity in the Delaware Basin, where well data is finally starting to EXCEED expectations. While the Delaware has been the ‘most covered’ basin over the last 12 months, our data suggests that the increase in well and completion activity is just...