Macro/Headlines/Events Baker Hughes U.S. onshore rig count was down 11 rigs last week to 745. FT-Breakdown of gas storage talks leaves UK exposed to price surges, say experts Link WSJ-Oil Industry’s Windfall Fails to Excite Wall Street Link WSJ-Caribbean Seeks Venezuela’s Oil…
Marco/Headlines/Events BKR U.S. Land Rig Count was down 8 rigs w/w to 754 rigs. WSJ- China Reopens to the World as International Travel Restrictions End Link WSJ- Solar Startup Enpal Nears $2.4 Billion Valuation in TPG-Led Investment Link WSJ- Best Stock-Fund Managers…
Macro/Headlines/Events BKR U.S. Land Rig Count: Two weeks in a row, the BKR rig count is down. This week moving lower by 3 rigs to 760 rigs. We are not freaking out, yet. How Washington Persuaded Europe to Put a Price Cap…
Upcoming Events: The DEP team will host a reception in Midland on August 9th along with small reception in Houston on August 12th. Next Sunday, we’ll recap a recent Marcellus trip where our team toured a low-emission electric fleet powered by gas genset technology. Permian…
A gaggle of OFS and E&P conference call takeaways are summarized below. Admittedly, much of this is simple elevator analysis and a rehash of data points from the various press releases, IR slides and conference calls. For those who don’t have time to read…