A quiet week on the news front, so the DEP team used the downtime to conduct another equipment tour – this time visiting the new HAL Zeus Pump. Below, we summarize our equipment impressions as well as bloviate on our take on the eventual…
A day late, but hopefully not a dollar short. Apologies for a delayed note, but the DEP team took Easter weekend off to go see the kids and parents with travels this past week taking us first to Midland for three days followed by…
Relatively quiet week for the DEP research team as we enjoyed spring break in Florida, thus no real industry commentary in this evening’s note. Rather, with DEP’s one year anniversary just days away, we instead use tonight’s note to thank several key supporters as…
Oklahoma/Denver Recap: We spent two days in Oklahoma and a day in Denver last week. The meeting schedule included updates with pressure pumping, land drilling, well service, E&P, pump-down and diversified oilfield service companies. The mood this trip was clearly better than our visit…
For those on spring break, we hope you are having fun and defer reading this note to a later time. For those who are tasked with working this week, please read on…. Upcoming DEP Events: Our one-year anniversary social will be held on April 1st at…
This week we update our rig and frac crew forecast to reflect an improving commodity backdrop as well as to reflect observations imparted during Q4 earnings season. We also summarize a recent field tour where we learned about a new product offering. Upcoming DEP…
Very busy week last week as we were consumed by the inaugural THRIVE Energy Conference, thus a somewhat low calorie note this weekend. Given our lack of free time last week, we haven’t fully digested all of the Q4 earnings calls in recent days,…
We hope everyone survived this past week’s Arctic freeze. Crazy weather. Tonight’s note is relatively brief. A quick update on this week’s conference plus a few observations from several Q4 earnings calls. THRIVE Energy Conference Update. We were attacked this past Saturday by internet…
Happy Valentine’s Day. We submit a great way to kick off a romantic Valentine’s Day dinner is with a couple’s review of DEP’s latest thoughts, thus we send out our note an hour early this evening. Brief note this weekend as we provide high…