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.
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]: Market Takeaways From Today’s PFHC Call
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 [data]: Monthly download file – Q2 completions +20% q/q possible
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 Up, Sand/Truck Prices Stable, More E&P Capex Raises, +2 Last Mile Solutions, & more…
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 D&C Model Update
We have updated our Shale D&C Model and provided some key takeaways from the update (as well as links to all the new databases) here…
DUG Permian / Eagle Ford Conference Takeaways
Takeaways from the DUG Permian conference in Fort Worth this week.
Efficiencies comeback (after being flat through 2021); Q2’22 completions on track for +15-30%; Rig efficiency still dead [lium sheets]
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.