Ask-the-Analyst April 2019

Ask-the-Analyst April 2019

Tuesday 4/30

Ask-the-Analyst: Todd Bush, Boyd Skelton, and Luke Smith. What would an acquisition of Anadarko Petroleum Corporation by Oxy or Chevron look like for the #Permian basin? #OilandGas #Energy #shale


If either Oxy or Chevron acquired Anadarko Petroleum Corporation, they would become the second largest proppant user in the Permian basin (based on 2018 data). Pioneer Natural Resources Company would still remain the largest user by 1 billion pounds, but Oxy would become the largest operator by number of fracs.

Thursday 4/25

Ask-the-Analyst: Todd Bush, Boyd Skelton, and Jonathon Clark. Interested in Q1’19 MSHA man hour data from Permian mines? Check back tomorrow for an update. #OilandGas #Energy #shale #fracsand

MSHA data is one way analysts conclude mine utilization figures and track mine specific details such as man-hours worked or employee count over time. Based on chart below, top Permian sand producers increased overall productivity 9% in Q1’19. For a full list of producers please visit http://energentgroup.com.

Tuesday 4/23

Ask-the-Analyst: Todd Bush, Boyd Skelton, and Tyler Webb. In terms of horsepower capacity, which pressure pumpers are the market share leaders in the Permian? #OilandGas #Energy #shale #permian #hhp

Currently, leading pumpers in the Permian consist of Halliburton, Schlumberger, ProPetro Services, Inc, and Keane Group. Combined, these companies make up more than 40% of Permian market share in terms of horsepower capacity, led by Halliburton at 12%.

Thursday 4/18

Ask-the-Analyst: Todd Bush, Boyd Skelton, and Luke Smith. Looking at well permits, how does the horizontal-to-vertical well ratio in the Permian compare to other basins, such as the Eagle Ford, Williston and Niobrara? #OilandGas #Energy #shale #permian #eagleford #williston #niobrara

Vertical wells are almost non-existent in basins like the #Niobrara, where in some quarters there are no vertical well permits. To compare the Permian to other basins, we need to flip the ratio — instead looking at the vertical-to-horizontal ratio. #oilandgas #eagleford #williston

Tuesday 4/16

Ask-the-Analyst: Todd Bush, Boyd Skelton, and James Jang, M.Sc.. How does Westwood’s US #unconventional basin map differ from those of EIA or BHGE? #OilandGas #Energy #shale

Westwood’s basin definition is based off of Baker Hughes’ Rig Count basin definition, except for the MidCon basin where we include all active Oklahoma counties. Compared to EIA, you can see the difference in the image below.  

Thursday 4/11

Ask-the-Analyst: Todd Bush, Boyd Skelton, and Tyler Webb. How many active crews are forecast to be in the field by Q4’19 across the seven key basins? #OilandGas #Energy #shale

We’re forecasting about 405 active crews by the end of 2019, or an additional 22 crews from Q2’19 across the seven key shale plays. Roughly 151 crews will be active in the Permian.

Tuesday 4/9

Ask-the-Analyst: Todd Bush, Boyd Skelton, and Jonathon Clark. Do you know who the in-basin frac sand suppliers are in the Mid-Continent? Find out the details in tomorrow’s update. hashtag#OilandGas hashtag#Energy hashtag#shale hashtag#midcon

Mid-Continent is expected to have a total nameplate capacity of approximately 30 million tons by this time next year. Currently, MidCon’s nameplate capacity is nearly 11MMTPY from operators such as Black Mountain, Covia, Preferred Sands, and U.S. Silica. 5 other suppliers expected to join the others later this year. 

Friday 4/5

Ask-the-Analyst: Todd Bush, Boyd Skelton, and James Jang. How has proppant per lateral foot evolved in the Delaware basin since 2014?Answer will be posted Monday. #OilandGas #Energy #shale

In 2014, the median for proppant per lateral foot was at 1,000 lbs/ft. Since then, it has doubled. Currently, the median is at 2,000 lbs/ft in the Delaware basin.

Tuesday 4/2

Ask-the-Analyst: Todd Bush, Boyd Skelton, and Luke Smith. Who were the top 10 #Permian basin operators by #proppant amount used by 2017-2018H1? #OilandGas #Energy #shale

Making the 2017-2018H1 top 10 Permian basin proppant users were: Pioneer, EOG, Concho, Exxon Mobil, Anadarko, Chevron, Oxy, SM Energy, Surge Energy, and Apache.

Ask-the-Analyst: February, March, April, May, June, July, August, September, October

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