This week we're doing an oddball episode -- does idling your engine waste fuel? Yes, we're actually gonna talk about this this week! Produced by Charlie Spears

Ep221 - Does Idling Your Engine Save Fuel?

This week we discuss how OPEC determines their production quota and how the war in Russia their decision making.   Produced by Charlie Spears

Ep220: What's driving OPECs production numbers?

This week we dive into our methodologies for tracking oilfield services domestically &amp; internationally.

Ep219: How do we evaluate the Oilfield Services market?

Exploration has slowed, so are oil companies on a ticking clock?   Produced by Charlie Spears

Ep218: Are oil companies drilling themselves out of business?

Is M&amp;A activity back in the oilfield service sector? It looks like the industry is heating up again, we dive into what the landscape currently is and where it is going.   Produced by Charlie Spears

Ep217: Is M&A back in Oilfield Services?

Oil prices are no longer the primary driver of oilfield activity. Richard and John talk about the recent divergence in oilfield service profits, activity, and oil price.

Ep216: Oil prices are no longer driving activity

We're back from a deep hibernation and boy have things changed! This episode we talk how to value oilfield service companies in the current market environment, how commodity pricing doesn't drive the industry as much as it used to, and how investor mindset has changed. Produced by Charlie Spears

Ep215: We're BACK (and the oilfield has changed a lot)

Richard and John review the challenge to US oilfield service firms in accommodating a significant increase in oilco activity in 2022. Topics addressed include market segmentation by operator size, contract duration requirements, risks from new technologies, and the potential for market consolidation.

EP214: Point-Counterpoint: Part 2

Richard and John preview the upcoming discussions between oil company managements planning to significantly increase capital spending in 2022 and possible pushback from investors. Topics addressedinclude long-term versus short-term demand expectations, "resilient" reserves and "bifurcated"investment groups.

Ep213: Point-Counterpoint, Pt 1

Richard and John review the findings the EIA’s newly-released outlook for the global energy market to 2050 and discuss its implications for the oilfield equipment and service industry.

Ep212: The Long Run

Richard &amp; John Spears answer your questions &amp; discuss the oilfield services business. The Spears brothers have a combined 75+ years as leading industry experts and are prized speakers for events all across the globe.The Drilldown will visit all topics in the oilfield services &amp; equipment and discuss industry current events.New episode every Monday!Got a question? Send it to drilldownshow@gmail.com

Richard and John identify next year’s market segment winners and losers and discuss the factors driving differences in the rate of revenue growth in 2022.

Ep211: Global Oilfield Spending –  Pt. 2

Richard and John identify 2021’s market segment winners and losers and discuss the factors driving the differences in revenue growth this year.

Ep210: Global Oilfield Spending Pt 1

Richard &amp; John go over common biases when forecasting....anything.....but especially the oilpatch.

Ep209: Forecasting Bias

Richard and John discuss the 2022 outlook for US frac activity, including rig activity, DUC drawdown rate and frac pricing.

Ep208: Frac Pricing

Richard and John discuss how they expect US operators will decide to allocate next year’s free cash flow.

Ep207: Decisions, Decisions

We're back after a summer hiatus. This week we recap what's gone on this summer, quarterly financials, and how operator price assumptions affect their decision making in 2022.

Ep206: Looking forward to 2022

Rising oil prices &amp; less anticipated demand -- how do we interpret conflicting projections for oil demand?

Ep205: A Tale of Two Narratives

In the third of a two-part series Richard and John discuss how challenges in implementing net-zero emission (NZE) plans could revise the (bearish) long-term outlook for oil and gas demand. What are some of the key issues that could impact how quickly NZE goals will be realized?

Ep204: Net-Zero CO2 Emissions and Wet Frac Sand: Bonus Round!

In the second of a two-part series Richard and John discuss how current drilling and completion operations are being impacted by long-term climate change expectations and what the implications could be for US oil and gas production.

Ep203: Net-Zero CO2 Emissions and Wet Frac Sand (part 2)

How climate change &amp; net zero are causing wet frac sand to show up on location.

Ep202: What "net zero" and wet frac sand have in common (part 1)

I look forward to hearing the Spears brothers insights in the latest trends in the industry.

Concise and Insightful

Hey guys, love the show, lots of great info. There’s just one thing that makes it almost unlistenable (for me, personally). John is ALWAYS throwing in “mhm, yes” “right, yes, mhm” about every 5 seconds. It’s extraordinarily distracting. Let Richard talk, unimpeded!

Great show, but...

Richard &amp; John Spears answer your questions &amp; discuss the oilfield services business. The Spears brothers have a combined 75+ years as leading industry experts and are prized speakers for events all across the globe. The Drilldown will visit all topics in the oilfield services &amp; equipment and discuss industry current events. New episode every Monday! Got a question? Send it to drilldownshow@gmail.com

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

Aramco going public, the switch from production growth to profit growth, and companies ability to deliver on profit growth.

Ep139- Did the oil & gas industry turn a corner these past few weeks?

Operators and oil service firms have been reporting their Q2 results and what they expect to happen over the near term. Richard and John discuss their key takeaways about activity and the implications across the supply chain.

Ep123: What We're Seeing in the Field

Richard and John review the time lag between a change in the spot price of oil and changes in rig count and frac activity and discover a surprising relationship.

Ep134:It’s All About Timing

Ep135: What I learned this week

Richard and John contrast and compare the structure and direction of oilfield R&amp;D in a “peak oil demand” scenario relative to today’s industry.

Ep137: The Future of Oilfield R&D

Richard and John list some of their “Ahead of the Bit” headlines they expect will describe the oilpatch in 2020.

Ep140: Next Year's News

Richard &amp; John compare their over and under predictions for the past year -- how did they do?   Produced by Charlie Spears

Ep141: We Review our Predictions for 2019

Richard and John discuss the implications for the US oilfield arising from the lack of oil company M&amp;A activity

Ep122: Where's the Exit?

Richard and John discuss the impact on oil service companies whose services are priced per day when productivity soars and whose costs are incurred per foot drilled. Can long-established pricing practices change?

Ep133: The Risk of Selling Days

Some presidential candidates have proposed to ban fracking, if elected. Richard and John discuss how such proposals would fare considering the Fifth Amendment and the impact on state governments.

Ep138: ‘Tis the Season: The Takings (not Santa) Clause

Richard and John discuss the near-term impact of $32 oil on drilling and completion activity and revenues for selected market segments and oil service companies. In addition, they consider how the drop in drilling and completion will impact US oil production and what that means for the long-term outlook for oil prices.

Ep151: $32 oil. What now?

How real is the "fracklog"? Richard and John identify the weaknesses in the EIA's method for calculating drilled-but-uncompleted wells and what that means for the US oilpatch.   Produced by Charlie Spears

Ep125: Mythical Beasts

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