The Grapevine: Halliburton

OIlfield Grapevine

Halliburton has seen a leveling off of its customer satisfaction marks recently, bringing to a halt the downward drift it experienced last year. Its plight going forward seems to increasingly hinge on the company’s Frac of the Future initiative.

Below are some observations on what we’ve read and heard from company management and its customers as of late, as well as input from others in the oilfield: Continue reading “The Grapevine: Halliburton”

Why Concerns Over Guar Are Overblown

Guar Beans

The shortage of guar gum and its potential impact on the ability of oilfield suppliers to meet hydraulic fracturing demand has been a hot topic as of late. While we acknowledge the issue is intriguing (i.e., an unforeseen shortage of a strange plant product no one had really even heard of a year ago, hoarding of inventories by the globe’s number one producer, etc.), it’s our opinion that concerns are overblown for the following reasons: Continue reading “Why Concerns Over Guar Are Overblown”