SHALE [data]: E&P Operator Outlook Data
See what our latest industry channel checks reveal about 2023 shale outlook…
SHALE [data]: Monthly download takeaways
In this post, we have updated our monthly completion data for members with Premium Memberships to download. This file contains most up-to-date fleet counts, completions, spuds, sand, efficiency, and intensity data. Key takeaways from the data refresh can be found written in this update.
SHALE [hits]: Frac Prices Still Strong; S TX Sand Prices Wobble; Shale Stress Test; Company Notes
A curated summary of market color from our shale sector research over the past week or so is outlined below.
SHALE [data]: New downloads & summarized thoughts after D&C Model update
In this note we have summarized our thoughts after the most recent Drilling & Completion Model update and a fresh round of field level conversations.
Shale [data]: PART II Private Operators – DUCS GALORE
After a surge in Q2, the last couple months have featured more record tendering activity and pricing gains for services. This has largely been driven by…
SHALE [data]: PART I Public Operators – NO DISCIPLINE
While the word discipline still seems to make it into operator commentary, we are of the view that public E&Ps are currently shedding that status. In fact, over half of E&Ps have…
SHALE [hits]: Shale Gas Economic Rent Shifts To OFS From E&P
Lium’s Shale Hits series provides a digestible stream of field-level observations. This curated market color from our research process and industry conversations summarizes what’s new on key datapoints and trends that are shaping competitive dynamics and value in energy markets. Stay in the flow to stay ahead of tone shifts and inflection points… here is the latest edition for shale.
SHALE [hits]: Frac Crew Profitability Returns To Prior Highs With Less Pricing & Newbuilds
Since HAL’s strong results about a week ago, (covered here), we’ve heard from four more pressure pumpers (so far 70% of the publicly traded active frac fleet has reported earnings). In the Lium Hits here, we’ve digested key data and points from pumper results and comments into general thoughts on the frac market and its outlook.
SHALE [hits]: HAL Read-across For OFS
In the Lium Hits below, we’ve singled out key statements from the Halliburton call Tuesday morning, and expanded upon them with Lium research and data showing where we agree or disagree with the views Halliburton expressed to the market this week. Also today in a new Lium Report, we address key shale themes going into 3Q22 earnings season, highlighting trends where where we are more positive or more negative than consensus (download the slides here).
SHALE [data]: Frac / completions (hot) vs production (not so much)
In this post, we have updated our monthly completion data for members with Premium Memberships to download. This file contains most up-to-date fleet counts, completions, spuds, sand, efficiency, and intensity data. Key takeaways from the data refresh can be found written in this update.