The Drilldown: in-depth answers to oilfield questions | w/ Richard & John Spears

Richard & John discuss institutional investor actions that could support the creation of new, large scale ($10 billion market cap) oil service companies and identify three types of diversified enterprises that might emerge. Produced by Charlie Spears

Although North American activity has increased 250% in the three years since bottom of the oil price cycle, oil service firms have yet to see their profit margins recover to “normal” levels. With activity increases expected to be limited over the mid-term, investors and management teams are looking for ways to improve their financial performance.  Richard and John discuss the advantages of consolidation and the potential emergence of new “segment champions”.   Produced by Charlie Spears

Development and commercialization of innovative oilfield technology can require the close collaboration of a consortium consisting of an entrepreneur, a service firm and an operator. In this episode Richard and John identify six questions which successful collaborations must address.   Produced by Charlie Spears

Have a question for Richard & John? Email Like The Drilldown? Join the (free!) Spears Insider email list to receive videos, podcast, and Friday essays. Go to Spearsresearch.com/insider to sign up.   Produced by Charlie Spears

Produced by Charlie Spears

The Day the Oilfield Changed is a series reviewing technical breakthroughs or commercial developments which have fundamentally altered the nature of the upstream petroleum industry.   In this episode we discuss the beginnings of hydraulic fracturing and its relationship to the US strategic helium reserve.   Also: maple syrup, steam, rubber bullets and other “strategic” reserves   Episode produced by Charlie Spears

As had been predicted, Richard and John start the new year with predictions for 2019 regarding oil price volatility, the December 2020 futures price, the likelihood of a takeover of WFT by its bondholders, whether frac sand consumption per well will continue to increase, and the outlook for the subsea tree market. And, they review the EIA’s forecast of 2019 US crude oil production. Produced by Charlie Spears

We're putting ourselves out there! We review our 2018 "Nostradamus" predictions. What did we get right and what did we get wrong? Produced by Charlie Spears

Richard and John evaluate their candidates for the most important word or expression in the oilfield in 2018.   Produced by Charlie Spears