Mr. Messler is an oilfield veteran, recently retired from a major service company. During his thirty-eight year career he worked on six-continents in field and office assignments. He currently maintains an independent training and consulting practice, and writes on energy related topics.
I normally chronicle the oilfield activity taking place in the shale basins of the U.S., often spending much of my time on companies operating in…
Last October, I published a piece on OilPrice where I discussed the drivers for the rapid expansion of upstream E&P merger activity that was being…
“It was the best of times, it was the worst of times.” That line taken from the 1859, Dickensian novel, A Tale of Two Cities,…
The merger and acquisition deals are coming in the shale patch, at a rate almost too fast to document. Last week news broke about Devon…
The oil and gas fracking industry has delivered massive growth in oil and gas output over the last decade and a half. Starting in 2008…
The U.S. Energy Industry has defied past norms where declines in drilling and completion activity would quickly result in lower production. Technology has turned that…
Despite a late Santa rally in the oilpatch this week, it's probably time to recognize that we are on the verge of a reset of…
In October I published an Oilprice article detailing one of the key drivers for the relentless Merger and Acquisition (M&A), activity occurring within the Upstream…
Mergers in the U.S. shale patch have continued through the course of 2023 as companies jockey for assets that will fill in gaps in their…
The market could be ready to make a sharp turn higher in the valuations of the smaller oilfield service-OFS companies. Since May of this year…
We are in the later stages of a consolidation phase in shale-oriented E&P’s that began in late 2020 and has continued since without much let…
In this article, I will update the general trends now being observed with daily production out of the Permian basin. In past articles, I’ve discussed the…
ExxonMobil (NYSE:XOM) made a splash in the Carbon Capture and Underground Storage-CCUS business last week with news of its $4.9 bn acquisition of Denbury Resources…
When commodity prices fall off as they have the last eight months, companies begin to high-grade their portfolios or seek a way to lower costs.…
I have argued in several Oilprice articles, and most recently in February 2023, that the era of increasing output from shale wells did not have much…
Last December I published an article on Oilprice discussing why I thought land drilling contractors would start to rally after the first of the year.…
Tellurian (NYSE:TELL) is one of those speculative stocks that seem to cast a spell over the "Bottom Fishing” investors of the world. It is its…
I often get asked by readers of my articles, most of which involve investing in upstream oil and gas producers, and the service providers that…
The Wall Street Journal reports that ExxonMobil, (NYSE: XOM), and Pioneer Natural Resources, (NYSE: PXD) are in preliminary discussions about a merger. There has been…
Baytex Energy, (NYSE:BTE) made news toward the end of Feb with its announcement of the merger with Ranger Oil Corp (RROC) for about $2.5 bn last week.…