Archive //

Service Margins Poised to Rebound

August 2, 2017 |
Last year BTU wrote an article about the cyclical pattern of service cost margins and the correlation with WTI pricing. As crude prices fell throughout 2015, both Halliburton (NYSE: HAL) and Schlumberger (NYSE: SLB) showed margins dropping from averages...
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Where is all the Permian Gas?

May 17, 2017 |
First quarter earnings are in and the general sentiment to start off 2017 is that production growth is back. Specifically, players in the Permian are highlighting growth targets for the year, including Concho Resources (NYSE: CXO) at 21-25% growth,...
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Trouble In The West

Independent Upstream, Midstream & Downstream Oil, Natural Gas & NGL Analysis and Due Diligence.
April 21, 2017 |
In a recent Energy Market Commentary piece, BTU covered California natural gas demand destruction from increasing renewable energy growth. Strong showings from both Hydro and Solar power generation have driven natural gas demand to a 5-year low in CA,...
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Alpine High – Good Play Poor Timing?

February 24, 2017 |
Production growth out of the Permian in 2017 and 2018 is coming, and BTU Analytics has previously highlighted the impact to crude oil markets and oil related infrastructure. But how does a major new gas play in the Permian fit...
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