SHALE [data]: D&C Model Update & New Downloads
In this note we have summarized our thoughts after the most recent Drilling & Completion Model update and a fresh round of field level conversations. We spent considerable attention in this note to well costs and 2022 actuals vs. expectations, which we think shows capital discipline failing in shale E&P. You’ll also find our dialed in 2023 forecasts and first look at 2024 expectations in this note.
SHALE [data]: Monthly download & E&P budget 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]: Takeaways From Market Survey
See what our latest industry channel checks reveal about 2023 shale outlook…
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.