probably has more to do with “drill or lose the lease” then any demand increases..
Is it real or a “manufactured / massaged” type of increase?
Rigs stacked in East Odessa this week showed an extra 2 OOS.
DBD
I wonder how many holes some of the Arabs have poked in single pools? ;-)
Talked to a buddy in Eunice NM yesterday that works for the RR. He says that traffic is moderate, but Halliburton near Monahans is going nuts with unit sand trains... adding 10 more turnouts to their facility off of Highway 18 that was opened in 2012. Schlumberger in Monahans proper had a really badly laid out 4 track yard they built in 2011-2012 (this is why you need an engineered plan for building track) is going to add another track (good luck with that).
The Genesis transload yard near Wink, TX just got a delivery of 94 tanks in a unit train for outbound loads. Over in Artesia, NM a transload yard another buddy of mine build is expanding his new facility as well... I am being called to go out and appraise the 1st phase of construction to secure financing for Phase 3. He says he is absolutely going flat out there. Things ARE ramping up in the Western Permian Basin... and it looks like I’m going “home”.