We recently returned from a five-day mini vacation to the Florida Keys and Miami Beach. Unfortunately, no oilfield here, so we felt a bit out of place. For us, walking around the beach is akin to Lewis walking past Stan Gable and his fellow…
Early release of our weekly note as we start our drive to Midland momentarily. Cooking BBQ on Tuesday at the Bynum School and hoping to book some meetings while in the Permian – let us know if you are around. KLXE Q3 Earnings: Reported…
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…
Just in time for the Super Bowl, DEP is out with our weekly thoughts and observations. Tonight’s note is relatively brief as the DEP team is knee-deep in THRIVE Energy Conference planning (i.e. panel question preparation, registration, etc.). Moreover, we’ve been on the road…