Richard and John discuss the outlook for global oil demand in the coming year and the sensitivity of oil traders to the US-China trade dispute.
Richard and John discuss the capital and operating costs associated with E-Frac operations and estimate the price of natural gas at which E-Frac becomes uneconomic relative to conventional frac units.
Richard and John discuss the slowdown taking place in US oil production growth and what that means for global oil markets.
How real is the “fracklog”? Richard and John identify the weaknesses in the EIA’s method for calculating drilled-but-uncompleted wells and what that means for the US oilpatch.
Will OPEC+ be successful in its effort to reduce oil inventories in order to boost prices? Richard and John discuss whether this goal has already been met and when prices might respond.
Operators and oil service firms have been reporting their Q2 results and what they expect to happen over the near term. Richard and John discuss their key takeaways about activity and the implications across the supply chain.
Richard and John discuss the implications for the US oilfield arising from the lack of oil company M&A activity.
Richard and John suggest “oil-related” books and websites to enjoy on your trip to the beach this summer.
Richard and John discuss the outlook for US crude oil production under various price/capex scenarios and speculate about the assumptions underlying the EIA forecast of US oil output.
In response to listeners’ questions, Richard and John discuss the factors that drove the recent merger between Keane Group and C&J Energy Services, and how this will impact competition in the oil service industry.