Energy Market Commentary // Drilling

Changes in Permian Spacing to Strand DUCs?

October 3, 2019 |
After years of downspacing in the Permian, E&P companies are beginning to pursue increased well spacing to resolve the “parent-child” problem as detailed by the WSJ early last month. Despite claims of increased performance from closely packed wells, performance...
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Natural Gas Focused Plays Stagnate

August 29, 2019 |
Last week, the Baker Hughes’ rig count dropped 19 rigs as the total US rig count fell to 916, the lowest level since November 2017. The drop comes as no surprise after second quarter earnings from E&P companies signaled...
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Permian Independents Walk a Tightrope

August 27, 2019 |
In the Permian Basin, several new infrastructure projects have recently entered service or are expected to start throughout the next year. On the oil side, Cactus II and EPIC have started up in recent weeks, and on the gas...
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Appalachian Capex Slows

August 7, 2019 |
With earnings season once again upon us, the market is getting greater clarity on 2H’19 activity levels and production. Back in February, we touched on how public company guidance in Appalachia for 2019 compared to our forecasts which called...
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Are the Cards STACKed Against Oklahoma in 2019?

July 11, 2019 |
Oklahoma’s shale play trajectories have changed course in recent months as rig counts dropped in the Sooner State. Despite operator enthusiasm for strong basin potential, high breakeven hurdles and unsupportive commodity pricing continue to threaten the viability of Oklahoma’s...
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