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

What's going to happen to all the Drilled but uncompleted wells (DUCS) out there?   Produced by Charlie Spears

Some oil companies have recently adopted the goal of reaching “net-zero” carbon emissions by 2050. John and Richard discuss when the net-zero target might start to affect decisions as to what types of exploration opportunities to pursue given the timeline for discovery and development. Other topics include: A brief history of the concept of zero

Exploratory activit has been hit hard by low commodity prices, but Richard & John make the case that it could stage a surprisingly strong recovery. Stranded assets vs profitable production Oil versus gas exploration R&D implications

Richard and John discuss the key dates in 2020 for decisions that will set the course for oilfield activity in the US, Canada and the Middle East in 2021.

Rapid fire questions on EOY oil price, which oilfield service sector will recover first, and Saudi Arabia.

In the spirit of Saturday's virtual Kentucky Derby, Richard & John call the action at the 2020 virtual Offshore Technology Conference.

Richard and John look outside the oilpatch to examples of surviving unprecedented events and overcoming challenging tasks as lessons for today’s oil industry.

Richard and John discuss what the current $16 price differential between WTI and Brent is telling us about the current oil market and what the current $17 price differential between the May and July futures prices is telling us about the future oil market. Other topics addressed include: How much oil is exported on a global basis? How much US production is likely to be shut-in? What type of US production will first come back into the market? Ernest Hemingway and Charles Mackay

We talk Sunday's OPEC production cut & the future of natural gas prices.

When will rig count bottom out? How fast are well costs changing? How will personnel logistics impact drilling/frac efficiency and offshore drilling?