We have reviewed a draft of the proration order and share it and something that jumps out at us here… Login to see the full update… To read this update and receive our research newsletters, you must be a member. If your free trial has expired, renew here. (Current members login here.) Members …
Read More »Forget Frac. EVERYONE Is Talking Storage & Shut-ins
We checked in with a whole bunch of our oilfield service and E&P contacts this week. What we heard from them sure sounds like complete capitulation in the oilfield market. The bottom is coming into focus. Here’s what folks we talk to are saying… Login to see the full update… …
Read More »As Bad As Paper Oil Prices Got On Monday, The Real Spot Bid Got Worse [Chart Of The Day]
You’ve gotta see this chart to believe it. Consider our minds blown. Login to see the full update… To read this update and receive our research newsletters, you must be a member. If your free trial has expired, renew here. (Current members login here.) Members get Exclusive research update newsletters High-caliber, data-driven analysis and commentary …
Read More »On The Oilfield’s Second Black Monday This Spring… One Word Comes To Mind: TEMPORARY
We know you know the logic, but on days like today, it’s good to read and re-read the crude oil cyclical rationale in it’s simplest form, which is as follows: Login to see the full update… To read this update and receive our research newsletters, you must be a member. …
Read More »A Deep Dive (& Some Fun) With The Historic Hearing On Texas Oil Cuts [Summary Of 9-Hour Testimony]
The Texas Railroad Commission (and a whole bunch of oilfield folks) had a very busy Tuesday. The three Commissioners hosted a nearly 9-hour long virtual open hearing on Tuesday, taking petitions for and against prorating Texas oil production. 20,000 viewers tuned in to watch the webcast. A whopping 53 industry …
Read More »A Watershed Moment For The Oil Market – Quick Thoughts & A Recap Of This Week’s Historic Developments
For most of the oilfield business people we know and interact with, the price of oil is noise until it isn’t. It’s one of those things that doesn’t matter until it does. And right now, it certainly does. And here’s what caught our eye in this historic week… Login to …
Read More »Is $20-$25/bbl WTI Just A Waypoint On The Journey To $10/bbl Or Lower? [US O&G Worst Case Scenario Thought Piece]
An important E&P capex update this week reads distinctly negative for anyone hoping for an oilfield spending increase in 2020. Here’s the relevant excerpt: Login to see the full update… To read this update and receive our research newsletters, you must be a member. If your free trial has expired, …
Read More »It’s The Most Wonderful Time… For Tight Oil E&Ps With Change In Their Pocket & Long-Term Vision
Looking at today’s depressed stock prices for tight oil operators and declining E&P activity trends, you’d never guess that this is actually a relatively wonderful time to be an E&P operator actively developing US tight oil resources. Login to see the full update… To read this update and receive our …
Read More »The Future Of E&P Includes M&A And ESG [Friday Guest Post]
With Morgan Stanely also pushing an M&A narrative this week, Paul’s piece is timely. Paul’s been making the case for consolidation in E&P for about two years… Login to see the full update… To read this update and receive our research newsletters, you must be a member. If your free …
Read More »Is It Really Different This Time? [Friday Guest Post]
Our latest guest post contains an important message regarding the current state and future of the E&P industry. We are bringing it to you in two pieces. This week, our guest contributor sets the stage on the current environment and tiers that have developed in the E&P industry. Next week, …
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