Macro/Headlines/Events Baker Hughes U.S. onshore rig count was down 11 rigs last week to 745. FT-Breakdown of gas storage talks leaves UK exposed to price surges, say experts  Link WSJ-Oil Industry’s Windfall Fails to Excite Wall Street Link WSJ-Caribbean Seeks Venezuela’s Oil…

Upcoming Events:  The DEP team will host a reception in Midland on August 9th along with small reception in Houston on August 12th.  Next Sunday, we’ll recap a recent Marcellus trip where our team toured a low-emission electric fleet powered by gas genset technology. Permian…

A gaggle of OFS and E&P conference call takeaways are summarized below.  Admittedly, much of this is simple elevator analysis and a rehash of data points from the various press releases, IR slides and conference calls.  For those who don’t have time to read…