Just in time for the Super Bowl, DEP is out with our weekly thoughts and observations. Tonight’s note is relatively brief as the DEP team is knee-deep in THRIVE Energy Conference planning (i.e. panel question preparation, registration, etc.). Moreover, we’ve been on the road…
A long note so grab your preferred beverage and read on. Federal Lands Anecdotes: Not trying to get political in our weekly epistle, but a well service contact reports rigs being released this week from work on Federal lands. These were production rigs,…
Below are our takeaways from several news events this past week. Also, we share the latest update on the THRIVE Energy Conference & Expo which is now 5 weeks away. ProPetro Services: Tier 4 DGB Purchases. Constructive news from ProPetro Services earlier this…
Q4 Earnings Season kicks off this week with HAL leading the way on Tuesday. These are themes we’ll be looking for over the next few weeks: (1) E&P commentary with respect to free cash flow allocation – we don’t envision publics talking up further…
A few quick observations this week on the near-term rig count as well as some other oil service considerations. DEP Update: We are driving the smoker up to East Texas tomorrow to BBQ for some local clients. If you are in the Marshall…