Very quiet week, thus DEP forced to go out and generate the news by way of our semi-annual update on the coil tubing market. Notwithstanding the holidays, we were able to conduct updates and/or receive feedback from a number of CT companies in order…
In keeping with tradition, we use our final note of the year to provide a firm update but kick off this weekend’s note with a couple quick industry observations. E&P Activity Anecdotes. Visited/updated with a small basket of E&P companies recently. These companies are…
Brief note this weekend. We recap several Q3 earnings calls and summarize a few observations from recent industry discussions / meetings. Upcoming Trips/Events: (1) Dallas on Tuesday and then to OKC/Tulsa on Wednesday/Thursday; (2) DEP Houston Christmas Party on December 7th; (3) Husband/Wife Midland…
DEP Update. Our golf outing is this Wednesday. We have a few open slots, so let us know if you want to play. On Friday we’ll be in Dallas and then returning again next week before heading up to OKC for meetings/group dinner on…
Upcoming Events: We’ll be conducting meetings in the DFW area Monday/Tuesday. We then drive one of the kiddos to college in North Carolina on Thursday with our drive eventually taking us to Pittsburgh for meetings the following Monday/Tuesday. If you are in Pittsburgh, let…
DEP Upcoming Events. We will host a reception in Midland on June 10th. Email us if interested. Members of the DEP team will be in Denver on June 16-17th. Let us know if we can buy you coffee or beer. We prefer the latter. Also,…
Frac Market Thoughts: Mixed industry views on spot market activity and pricing. Here’s the backdrop. An industry market observer recently opined on the U.S. active frac market, stating a belief the U.S. frac crew count totaled as many as 220 fleets. Subsequent to this…