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

Counterintuitively, the most important factor for well breakeven price these days is not drilling efficiency but rather, recovery rate. We have to get pretty detailed on this one, so strap in and listen to John's breakdown of why this is. Also, we've got something for all those Metallica fans out there! Produced by Charlie Spears.

12 Questions in 17 minutes! This week we address the gamut of questions asked us over the weekend . Topics include: New vs old wells, Drilling Fluids Profitability, "Pressure Pumping" vs "Fracking", Rotary Steerable Directional Drilling, "TD", and more! Also, John gives a fascinating & unexpected answer to where the abbreviation "bbls" comes from - it's not what you'd expect! Produced by Charlie Spears

Richard & John talk proppant. Where the market is growing, the size of that market, and how the sand gets to market. Unit trains & minor league soccer also discussed! John also impresses us with some quick mental math. Produced by Charlie Spears

Everyone's talking about OneSTIM. The Spears evaluate horsepower, downhole tools, competition, and the relationship between Schlumberger & Weatherford. Richard & John both come to the same conclusion this week! Produced by Charlie Spears

Richard & John discuss what the first quarter of 2017 will look like. Land is recovering, offshore still down. Produced by Charlie Spears

Multiple pad drilling + longer laterals mean the stakes are rising. Failure comes with an increasing cost and is changing how operators work with contractors. Richard & John dive deep into the psychology of "operator incentive" and how contractors will be responding as wells get bigger. Episode sponsored by Oilfield Logix. Produced by Charlie Spears.

We talk volume, method, and outlook for various sectors of the oilfield equipment & services water business. ~95% of water is used in the completion, fracking process & only ~5% on the drilling side. Episode sponsored by Oilfield Logix. Produced by Charlie Spears

Horizontal wells laterals are getting longer across the U.S. Why is that? What do the next few years look like? Richard & John talk about the history of horizontal drilling in the U.S. and the significance of the changing market in 2017. Sponsored by Oilfield Logix, an well construction data mining company. Episode produced by Charlie Spears

Richard & John discuss price inflation of oilfield services & equipment. What affects the cost of drilling? How do we measure it? What can we expect in 2017? Produced by Charlie Spears

The Spears discuss outlook for the Permian, an exciting play in a boring part of Texas. Richard has a novel way to measure the state of the market and John gets a perfect score on the "lightening round".