THRIVE Energy Conference. Attached is the preliminary agenda for the Daniel Energy Partners THRIVE Energy Conference. The registration link for the conference is expected to be emailed tomorrow evening, so be on the lookout. As a reminder, we have secured Minute Maid Park on…
We recently returned from our 10th trip this year to the Permian – getting in and out before the winter weather excitement. The good news is an expectation for continued activity growth, best characterized as stable-to-slightly improving. Several companies report more populated Q1 calendars…
A few quick observations this week on the near-term rig count as well as some other oil service considerations. DEP Update: We are driving the smoker up to East Texas tomorrow to BBQ for some local clients. If you are in the Marshall…
This week we provide a brief update on the U.S. coiled tubing market. Also, for those in the Houston area who want to stop by our Christmas BBQ on Wednesday, let us know and we’ll get you the details. Next week we head north…
We hope everyone had a safe and happy Thanksgiving. In light of a quiet week, we have a brief note this evening with an emphasis on DEP Upcoming Events. This coming week we will conduct an update on the CT market which we’ll summarize…
Now that we are essentially through Q3 earnings season, this weekend we reviewed E&P commentary regarding near-term capital spending and activity trends. Where possible, we highlight Q4 and preliminary 2021 guidance as well as convey go-forward activity assumptions as provided. As expected, E&P capital…
Quiet week last week, thus a short note this weekend. First, a reminder that our transition to a new distribution system continues, so expect this exact same note sometime Monday afternoon. If you have not received our note via the new format, we believe…
Mixed emotions this week as our Permian trip felt like a cold shower, but upon returning to Houston, the BKR U.S. land rig count jumps 10 rigs w/w. Feels like the zig and zag may persist, but on the margin, we see things improving,…
We have updated our active frac crew count worksheet as well as compiled a list of frac crew anecdotes from Q2 earnings season. Our active tally now stands at ~111 fleets. This tally is derived from public disclosures, industry sources, company specific discussions and…