• 3 minutes Don't sneeze. Coronavirus is a threat to oil markets and global economies
  • 5 minutes Boris Johnson taken decision about 5G Huawei ban by delay (fait accompli method)
  • 9 minutes This Battery Uses Up CO2 to Create Energy
  • 12 minutes Shale Oil Fiasco
  • 1 hour Historian Slams Greta. I Don't See Her in Beijing or Delhi.
  • 2 days We're freezing! Isn't it great? The carbon tax must be working!
  • 2 days US (provocations and tech containment) and Chinese ( restraint and long game) strategies in hegemony conflict
  • 8 hours Let’s take a Historical walk around the Rig
  • 2 hours Beijing Must Face Reality That Taiwan is Independent
  • 17 hours Trump has changed into a World Leader
  • 17 hours Tesla Will ‘Disappear’ Or ‘Lose 80%’ Of Its Value
  • 2 days Indonesia Stands Up to China. Will Japan Help?
  • 17 hours Yesterday POLEXIT started (Poles do not want to leave EU, but Poland made the decisive step towards becoming dictatorship, in breach of accession treaty)
  • 2 days Might be Time for NG Producers to Find New Career
  • 3 days Environmentalists demand oil and gas companies *IN THE USA AND CANADA* reduce emissions to address climate change
  • 3 days Anti-Macron Protesters Cut Power Lines, Oil Refineries Already Joined Transport Workers as France Anti-Macron Strikes Hit France Hard
Dan Dicker

Dan Dicker

Dan Dicker is a 25 year veteran of the New York Mercantile Exchange where he traded crude oil, natural gas, unleaded gasoline and heating oil…

More Info

Time for Investors to Look at the Wolfcamp

Time for Investors to Look at the Wolfcamp

Opportunities in energy investing have really never been so focused.  With the grand arbitrage in Brent/WTI spreads largely gone, refiners haven’t been so great and need to moderate some before they’ll peak my interest again.  Natural gas refuses to play into what should be a growing resurgence of the fuel, at least for the present and oil services companies have been more than a little hit and miss, with the international plays being a lot more interesting than the domestic ones.

So, maybe there’s a lot to position for in the future, but for right now, there’s only one way to trade the space:  Look for liquids-rich E+P’s that are showing growth – and doing it with an eye to increasing margins and shedding capex.  

I’ve spent almost too much time outlining this thesis in the last several months, but the plus side to my repeating choruses and diligence has been three great candidates that do nothing but continue to trade well:  Anadarko (APC), EOG Resources (EOG) and Noble (NBL).

One place that’s been slightly less hyped, largely because results are still slow in coming has been in the West Texas area of the Permian basin known as the Wolfcamp.  You can find your hucksters here claiming reserves even more stunning than in the Eagle Ford and Bakken combined and I usually discount such hype, but now that some results are starting to show the potential of Delaware area of the play,…




Oilprice - The No. 1 Source for Oil & Energy News