Heard In The Field

Hart Energy canvasses service providers, E&P companies, and consultants weekly across the four service lines of pressure pumping, downhole completions, land drilling and well servicing, seeking information on pricing, current activity drivers, current practices, and near term outlook. Surveys rotate through the major unconventional plays on a quarterly basis.

Survey results are compiled in executive summary form with quantitative and anecdotal comments and published by service line approximately twice weekly. Unconventional coverage involves two major unconventional markets monthly in a rotation that includes the Eagle Ford, Permian Basin, Bakken, Marcellus (Appalachian Basin), the Midcontinent, and alternating coverage of the dry gas basins such as the Barnett, Haynesville, and Barnett, along with other markets such as the non-Bakken Rockies.

Demand Seesaws For Drilling Services In Marcellus, Utica

The oil price bump in June created additional inquiries on the availability of drilling rigs in Appalachia. However, when oil fell in early August, inquiries for rigs in the region also softened.

September 9, 2016

Rockies Service Pricing Stable, But Activity Gains Elusive

Well stimulation levels have bottomed in the Greater Rockies following 18 months of decline, though significant activity expansion isn't likely anytime soon, service providers tell Hart Energy.

August 25, 2016

Battle Underway For Rockies' Well Stimulation Market Share

Halliburton is easily on top in the D-J and the Greater Green River basins, but ceded share in the second quarter.

August 19, 2016

Rockies: Workover Prices Static In Face Of Increasing Demand

Contractors expect workover rates to remain flat for the remainder of 2016, even with growing activity in the Greater Rockies’ Uinta Basin and Niobrara Shale.

July 29, 2016

D-J, Uinta Basins See Minor Uptick In Drilling

Even though operators have increased horizontal rigs in the Denver-Julesburg Basin, there are mixed messages whether drilling activity is actually rising in the Greater Rockies' market.

July 27, 2016

Midcontinent: DUCs Charge Up Demand For Pressure Pumping Services

Midcontinent service providers anticipate an increase in well stimulation pricing from the current average of $38,000 per stage, largely reflecting activity in the Scoop and Stack plays.

July 25, 2016

Completion Trends: Oklahoma's Kingfisher County Leads The Stack Play

Even though well completions in the Anadarko Basin fell during the first half of the year, Midcon operators have still remained active in the Stack, Scoop and Cleveland Sand plays.

July 19, 2016

Hint Of Demand For Midcontinent Workover Rigs

Pricing remains steady and bid inquiries are up for Midcon workover services. Demand was actually on the cusp of increasing in the second quarter until weather interrupted field work.

July 18, 2016

Midcon Drilling Efforts Shift To Meramec Shale, Stack Play

Oklahoma’s Kingfisher and surrounding counties saw drilling activity rise in the first half of 2016, with Newfield, Continental and Le Norman Operating leading the pack.

July 11, 2016

Permian Drilling Declines As Operators Tackle DUCs

The Wolfcamp Shale gains share as operators in the Permian Basin decrease Spraberry and Bone Spring activity, according to Hart Energy’s Heard In The Field survey.

July 5, 2016

Permian Attitudes Improve As Workover Pricing Bottoms Out

Demand for workover rigs in the Permian Basin has remained low with the majority of work focused on maintaining producing wells to keep cash flowing.

July 1, 2016

Permian Boosts Sand Demand With Longer Laterals

In some cases, sand volumes exceeded more than 1,800 pounds per linear foot on extended reach laterals in the Delaware Basin.

June 30, 2016

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