The story in the US oilpatch this year has been the shortage of pipeline capacity in the Permian Basin, which has caused oil prices in Midland to fall and completion activity in the Permian to slow. In this podcast Richard and John discuss the next oilpatch bottleneck and when it’s coming.
Episode 82: What We’re Listening For From US Operators
Although oil prices have been fairly steady this year as US oil output has ramped higher, could US operators increase production too much and cause prices to fall next year? In this podcast Richard and John discuss what level of US oil production growth might trigger a price drop.
Episode 81: Dealing (and Investing) With Uncertainty
In this podcast Richard and John identify some of the oilfield markets for which little or no operational and/or economic information is publicly available.
Episode 80: The Dollar's Imapct on Oil Demand
In this podcast Richard and John discuss why the US dollar has risen against other currencies this year and the risk this poses to global oil demand growth.
Episode 79: Transformers (the Oilfield Version)
“Which companies are doing the best job of transforming themselves into providers of shale-related services?” In this podcast Richard and John discuss what shale transformation looks like for an oil service firm and whether customers or investors are driving this process.
Episode 11 (Rerun): A bbl of monkeys!
This week, we're re-surfacing one of our favorite early episodes: Topics include: New vs old wells, Drilling Fluids Profitability, "Pressure Pumping" vs "Fracking", Rotary Steerable Directional Drilling, "TD", and more! Also, John gives a fascinating & unexpected answer to where the abbreviation "bbls" comes from - it's not what you'd expect!
Episode 78: Is “Fractivity” At Risk Outside the Permian?
In this podcast Richard and John discuss when other regions are likely to experience pipeline takeaway constraints similar to the one currently impacting completion activity in the Permian Basin.
Episode 77: Winners and Losers in the Frac Market
In this podcast Richard and John compare how well nine frac companies have performed in terms of market share since 2017.
Episode 76: Questions From The Field
In this podcast Richard and John respond to questions regarding expectations for drilling and completion activity, pump truck newbuilds, and frac pricing. Will other shale plays see a slowdown in activity because of problems with Permian takeaway capacity? What is “e-frac” and where will it be used?
Episode 75: Three Emerging Trends
In this podcast John and Richard discuss three changes likely to emerge as the oil service industry supply chain is re-imagined by the push to lower the cost of drilling and completing wells.