152: A Unified Theory of the Oilpatch
The Drilldown: In-depth answers to oilfield questions
Release Date: 03/23/2020
Ep170: The Outlook for Technology Development
The Drilldown: In-depth answers to oilfield questions
With reserves plentiful but facing limits on CO2 emissions, oil companies are re-focusing their R&D programs. What implications does this have for the oil service sector? Other topics discussed include: The link between oil service revenues and R&D budgets R&D’s “Blutarsky moment” The optimal length of a lecture
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Ep169: What Do Q2 Results Mean for the Oilpatch?
The Drilldown: In-depth answers to oilfield questions
Looks like we were a bit too optimistic for Q2! This episode we contrast and compare the Q2 financial results of major oil service companies for clues about what is happening in NAM and International markets and the implications for technology development. Produced by Charlie Spears
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Ep168: Is Budget Exhaustion the New Seasonality?
The Drilldown: In-depth answers to oilfield questions
Is Q4 the new "spring dip"? Is drilling seasonality now driven by budget exhaustion?
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Ep167: The Latest on Oilfield Service Price Discounting
The Drilldown: In-depth answers to oilfield questions
Richard & John talk about what happens to oilfield service prices over the next few quarters.
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Ep166: Tragedy or Comedy - What Oil & Gas Can Learn from Broadway
The Drilldown: In-depth answers to oilfield questions
Richard and John discuss the similarities and differences between the theatre business and the oil and gas industry and the challenges each faces in recovering from the pandemic. We also discuss movies with an exclamation point in the title!
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Ep165: Damage Assessment
The Drilldown: In-depth answers to oilfield questions
How much oilfield product/service line revenues were impacted Q2 as operators' slashed capex and what this means for supply chain resiliency.
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Ep164: New World Order
The Drilldown: In-depth answers to oilfield questions
Oil's back up, but rig count isn't. Why is that? We also discuss the changing landscape of market predicting.
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Ep163: What About DUCS?
The Drilldown: In-depth answers to oilfield questions
What's going to happen to all the Drilled but uncompleted wells (DUCS) out there? Produced by Charlie Spears
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Ep162: All For Naught
The Drilldown: In-depth answers to oilfield questions
Some oil companies have recently adopted the goal of reaching “net-zero” carbon emissions by 2050. John and Richard discuss when the net-zero target might start to affect decisions as to what types of exploration opportunities to pursue given the timeline for discovery and development. Other topics include: A brief history of the concept of zero
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Ep161: Re-Discovering Exploration
The Drilldown: In-depth answers to oilfield questions
Exploratory activit has been hit hard by low commodity prices, but Richard & John make the case that it could stage a surprisingly strong recovery. Stranded assets vs profitable production Oil versus gas exploration R&D implications
info_outlineGlobal oil inventories are set to increase due to the drop in oil demand and the rise in OPEC+ output.
Richard and John discuss how much inventories might rise, how long it will take before they are back to
normal, and the implications for US oilfield activity, oil production and oil prices.