Macro/Headlines/Events BKR Rig Count- US onshore rig count was down 4 last week from 745 to 741. You have heard us say this before, Europe was the tip of the spear 10 years ago on ESG, solar, wind, and all things green…
THRIVE 2022 Conference: Our weekly pestering kicks off as we try to encourage folks to register for THRIVE. We are tracking roughly 220 registered companies and 450 registered individuals; however, a number of sponsors/exhibitors have yet to register a single person. We employ this…
DEP Update: In NYC/Boston this week visiting clients. Houston meetings, including the DEP Christmas party next week and then back to Midland the week of December 12th. Lastly, be on the lookout for our THRIVE 2022 sponsorship brochure. We hope to blast it out…
DEP Updates: We have a couple spots remaining at our November 10th golf outing. If the Astros lose tonight, which after the grand slam by Duvall looks likely, then you’ll see us in Midland on Tuesday/Wednesday. We’ll be in the DFW area late next week. Also,…
Thank You. The DEP team would like to thank all of our industry friends who came out to support us at the Permian Basin BBQ Cook-Off. We had approximately 2,300 registered attendees with actual onsite participation closer to 1,800 guests. We know all of…
Permian Observations. We had the pleasure of returning to the Permian once again with this trip marking the 113th night we have stayed at a Hilton properties YTD (not all work related, however). On this field visit, we caught up with contacts in multiple segments,…
The DEP father/son research team just arrived in Midland where we will spend this week as young Trevor kicks off his first summer internship. Let us know if you are open for a quick visit. Importantly, we will host a small reception on Thursday…
We have returned from a three-day jaunt to the Permian/Fort Worth. Observations below. This week we stay in Houston for company update calls. Next week the research team heads to Bossier City while the sales team heads to Whistling Straits. Life’s not fair. Near-term…
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…