John and Richard are back with questions to test each other’s knowledge of the oilpatch. Let the lightning round begin!
Episode 88: Blindsided
John and Richard discuss the challenges faced by small and medium-sized operators in monitoring and anticipating price and availability trends in the oil service sector, and how this can impact their cost of operation.
Episode 87: Colorado’s Proposition 112
Richard and John evaluate the possible impact of Proposition 112 on Colorado’s oil and gas industry if it is approved on November 6th.
Episode 86: Outlook for Offshore Markets
E&P activity outside North America has slowly begun to recover. In this podcast Richard and John identify five offshore-related markets that are expected to grow in 2019. Plus, the Lightning Round makes a return!
Episode 85: Three Commercial Terms Expected to Change
In this podcast Richard and John identify three areas – two in drilling, one in completion — where they expect a change in how oil services are charged.
Episode 84: The Three Factors of Frac Efficiency
While frac job size (measured in pounds of sand per well) has skyrocketed in recent years, frac efficiency (measured in stages per day) has held steady. In this podcast Richard and John discuss the outlook for frac efficiency and three factors that can have an impact on improving it.
Episode 83: The Next Bottleneck
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.