In-Basin Observations

Welcome to the latest episode of In Basin Observations. This week the DEP team (Bill Austin, John Daniel, Geoff Jay, and Blake McLean) sit down for a roundtable discussion on key themes and insights from our recent Supply Chain Executive Series.

The team dives into market sentiment, efficiency gains, and important takeaways from the event.

The latest episode of In Basin Observations has Bill and John on the road speaking with David Nemetz, CEO, and Jean Douget, VP of Unconventional Solutions at Gilmore. Over the past several years, Gilmore has been developing innovative products for the frac industry, notably including a newly designed check valve.

In the conversation with Jean and David we explore the journey behind Gilmore’s latest innovations, the challenges they’ve encountered, and the impressive results they’ve achieved so far.

Geoff Jay and Bill Austin have Ted Cross from Novi Labs as our guest on the podcast this week. Ted is the VP of Product Management at Novi Labs and he frequently writes on upstream oil and gas innovation. Ted recently released a post on LinkedIn, which we thought would be a good topic for the podcast. In this episode, we’ll discuss the factors driving unconventional well performance so far this year and where he sees the rest of the year playing out.

As always, please send along to anyone you think might find this episode interesting and reach out if you'd like to join us in the future. 

Click here for the link to the article.

This week, on the In Basin Observations podcast we decided to take one of the panels from our Telluride Executive Series a few weeks ago and turn it into a podcast.

We are again featuring Travis Simmering and Dave Bosco from AMP who we had on the podcast about a year ago. For those that don't remember AMP predominantly provides mobile power solutions (turbines and recip engines) to the fracking sector, but is expanding into drilling, midstream, and production applications. The company emphasizes the importance of self-generation due to the increasing unreliability of grid power, exacerbated by insufficient generation capacity and transmission limitations.

If you're interested in joining us on the show, reach out, and please share this episode with anyone you think might enjoy it. Until next time!

Welcome to the latest (much belated) episode of the in Basin Observations podcast. This week, we're joined by our guests Jackson Wheat and Jake Foster from Kerr Pumps.

This episode was recorded on the road, in Telluride, Colorado, during our Telluride Executive Series. The discussion includes the origins and evolution of Kerr Pumps, the advent of the new "Vortex" fluid end product, and the company's focus on innovation and employee wellbeing. Jackson and Jake highlight the company’s growth, product differentiation, and plans to address market challenges while maintaining a strong internal focus on manufacturing excellence and employee satisfaction. Despite market consolidation and overall headwinds in the industry, Kerr Pumps has grown significantly since 2018, but was actually founded in 1946 and acquired by its current owner in 1996.  Their latest product, Vortex, promises significant enhancements over the F1-X, including double the valve and seat life, reduced maintenance time, and safer operation. It has been tested for four years and is expected to eventually replace the F1-X.  

We apologize for any background noise, as this interview was recorded outside. But we hope you enjoy it. If you're interested in joining us later this year please let us know as we're always looking for new guests.

The DEP In Basin Observations podcast is back with a special live episode!

During the THRIVE Energy conference, Leslie Beyer hosted a panel with experts Sebastian Gass (Quantum), Ben Wilson (AWS), and Colin Westmorland (Enverus) to discuss the use and impact of generative AI in the energy sector. They explored AI applications in data analysis, investment decision-making, and personal productivity, emphasizing the importance of high-quality data and workforce upskilling to leverage AI effectively. Concerns around intellectual property, cybersecurity, and potential regulation were also addressed, with an overall consensus on the transformative potential of AI in enhancing business operations and decision-making within the energy industry.

In the latest episode of the DEP In Basin Observations Podcast, Stuart Bodden, CEO of Ranger Energy Services, joins Bill and John to discuss Ranger's Q3 2023 results, the well service market, and the industry outlook for 2024. Despite industry challenges, Ranger's strategic moves over the last several years have led to improved revenue and margins. In one of our longer podcasts we explore industry consolidation trends, Ranger's M&A strategy, and challenges in the wireline business. Expectations for technological advancements and a focus on operational efficiency, emphasize Ranger's commitment to efficiency and resilience in diverse market conditions.

After a brief hiatus, the DEP In Basin Observations Podcast is back. Join us as we recap our fall activities and dive into the highlights of the recent DEP Upstream and Planning Outlook Forum. In this episode, the DEP team shares insights from the event's 12 panels, exploring a spectrum of industry-critical topics—from OCTG to Well Service, Produced Water to Frac Efficiencies, and Capital Equipment needs to Drilling Programs. Stay tuned for an informative discussion as we gear up for more episodes before the year concludes!

This week we're thrilled to have Lee Beckelman, Chief Financial Officer, and John Young, Chief Operating Officer, of Smart Sand, a frac and industrial sand supply company, join us.

In this episode, we delve into a recently published white paper entitled: Hydraulic Fracturing in the Permian Basin and the Case for Northern White Sand that presents a thought-provoking analysis of the value proposition of white sand versus in-basin sand. With a specific focus on the Permian Basin, Lee and John shed light on the potential of addressing productivity concerns by reevaluating in-basin sand usage and considering a switch back to the tried-and-true Northern White Sand.

Join us as we explore the nuances of sand selection, their impact on well performance, and the economic considerations that play a pivotal role in shaping operators' decisions. Follow the link to listen. Don't forget to subscribe and share it with your network - you never know who might find it informative!

DEP In Basin Observations is back with an exciting road trip to San Antonio!

Bill and John hit the road first to cook some BBQ for the ClearWell Dynamics team and then to run into the AC and chat with Roe Patterson. Roe shares some insights on the workover rig market pricing, providing a unique perspective on the oilfield services market for the rest of 2023. Roe also draws from his extensive experience running both private and publicly traded companies, shedding light on the key differences and challenges associated with each.

Follow the link to listen to this engaging episode on DEP In Basin Observations. Don't forget to subscribe and share it with your network - you never know who might find it informative!