Infill Thoughts

Anadarko made a big splash on Monday afternoon, announcing the $2bn buyout of Freeport McMoRan’s deepwater GOM assets. It’s a big deal for the GOM and for Anadarko’s position in the GOM. But what we found most interesting about the announcement is how Anadarko spun the deal into an onshore growth narrative. …

Halliburton and its peers may share a common outlook, but they sure do differ on oilfield service strategy. Jeff Miller got a little chippy Tuesday, throwing some jabs at Schlumberger and other oilfield service firms as he described Halliburton’s advantages. We discuss Halliburton’s punches thrown, and review other important takeaways from Jeff’s talk. …

The Barclays investor conference held in New York the week of Labor Day marks the start of the year-end news rush. A hot item at Barclays was a basic truth about the oil market: failing to offset natural declines will push oil prices higher every time. Today’s capex starvation is setting up tomorrow’s feast. There’s …