In-Basin Observations

In the latest episode of the DEP In Basin Observations podcast, Bill and John sit down with Larry Bruno, Chairman & CEO of Core Laboratories, to discuss how the nearly 90-year-old company is positioning itself for the next phase of the energy cycle. Larry walks through Core’s expansion into unconventional reservoir analysis in the Middle East, the balance between offshore and onshore markets, and what rising international FIDs mean for the business. He also details how Core differentiates itself through proprietary technology, disciplined capital allocation, and a culture focused on client trust and technical excellence. Listen here: https://tr.ee/AppleDEPPodcast

In this In Basin Observations episode, Bill Austin and Sean Mitchell sit down with Mark Freeman, CEO of ProDirectional, for an in-depth discussion on the state of the directional drilling market. The conversation explores how ProDirectional is positioning itself amid shifting rig counts, what operators are asking for in today’s efficiency-driven environment, and how technology is influencing well design and execution. 

This week’s episode of In Basin Observations features Dave Anderson from Barclays, who recently released a through report discussing Distributed Power. We enjoyed discussing one of the most important themes shaping the energy services landscape with Dave. As traditional grid infrastructure struggles to keep up with demand, new opportunities are emerging for OFS companies to support operators with mobile and scalable power solutions.We hit on what’s driving the shift, which players are leading the way, and why capital is starting to move in this direction. It’s a timely conversation that ties directly into what we’ve been hearing for quite some time now.

In our latest In Basin Observations podcast, DEP hosts Bill Austin and Geoff Jay sit down with John Freeman, Managing Director and Head of Energy Research at Raymond James, to discuss the firm's comprehensive Midland and Delaware Basin deep dive reports. John provides critical insights into inventory life, operator strategy, valuation trends, and evolving productivity across core acreage in the Permian. This episode offers a grounded, data-rich discussion on how capital discipline and resource scarcity are reshaping the competitive landscape in U.S. shale.

This week on In Basin Observations, Bill sits down with Vulcan Industrial President Simon Lawrie from their Houston headquarters to talk manufacturing in a market shaped by volatility and opportunity. In 2025 Vulcan is leaning into high-performance machining and customer-driven innovation. Simon shares how the company was founded, navigating tariffs, and innovation in the oilfield.SS

In this week’s episode of The DEP In-Basin Observations podcast, Bill Austin and Geoff Jay sit down with industry veteran Doug Terreson to unpack his new book, Can’t Deny It, a blend of memoir and market dissection shaped by a decades-long career in energy equity research. The conversation explores how capital discipline displaced growth-at-any-cost thinking, with Doug offering candid reflections on super mergers, the shale revolution, and the investment paradigm shift that followed.

Special Edition of The In Basin Observations Podcast Live From The Observation Deck At Thrive

Special Edition of the In Basin Observations Podcast Live from the observation deck at thrive.

Special Edition of the In Basin Observations Podcast Live from the observation deck at thrive

Breaking down the importance of financial discipline, low debt, and steady free cash flow in an era of capital efficiency.

Unveiling Caterpillar’s new Gas Mechanical System, an innovative solution for burning 100% natural gas in frac operations, improving efficiency and power density.

Sharing Atlas’ expansion into distributed power with their acquisition of Moser Energy Systems, and how autonomous trucking is set to change the logistics of sand delivery.

Special Edition of The In Basin Observations Podcast Live From The Observation Deck At Thrive

Special Edition of The In Basin Observations Podcast Live From The Observation Deck At Thrive

In the latest In-Basin Observations Podcast, John and Bill sit down with Josh Lowrey, Founder of Upright Digital, to discuss industry trends, life’s challenges, and the grit it takes to succeed. 

In the latest In-Basin Observations Podcast, John and Bill sit down with Marshall Dodson, CEO of Key Energy Services, to explore the trends shaping the oil and gas sector. Some key topics include: The 2025 outlook for the industry, with a focus on market stability and efficiency; workover rig activity and how market consolidation is creating opportunities; and operational advancements, from equipment maintenance to electrification.

Join the DEP team (Bill Austin, Sean Mitchell and Blake McLean) as they sit down with Bill Herbert, author of the Daniel Energy Partners' latest report, "2025 and Beyond Outlook: Waiting for a Slow Pitch". The conversation dives into the complexities of the energy sector as we head into 2025, covering market dynamics, geopolitical uncertainties, the rise of deepwater production, and the evolving role of natural gas and power generation. The conversation was a great way to end 2024 and look into 2025.

In this episode of the Deep in Basin Observations podcast, Bill talks to Rob Connors, creator of The Crude Chronicles, a Substack that delves into the financial history of the oil and gas industry. They discuss how historical cycles in the industry relate to current trends, including capital intensity cycles in oilfield services and the potential for future oil price and production surprises. Rob provides insights into the current state of the industry, supported by data and charts, and offers predictions on where the market might head next, considering historical patterns and recent economic developments. We’ve got a couple more coming this year and as usual we welcome feedback and reach out if you'd like to join us in the future.

In the latest In Basin Observations episode, the DEP team (Blake, Sean & Bill) sat down with Luca Zanotti at their Bay City Plant to explore Tenaris and its role in the pipe manufacturing industry. To start we discuss Tenaris, its global reach and leadership in the sector. Some other key discussions include; Customer Demand & Efficiency, Market Outlook, E&P M&A, Global OCTG Demand, Technological Innovations, the Tenaris Bay City Facility, and Trade & Industry Challenges.   We welcome feedback and reach out if you'd like to join us in the future.

This week, Bill and John interviewed Tony Kroschewsky, CEO of Merit Advisors, to discuss the current state of the oil and gas market and the role of Merit Advisors in providing tax consulting to the sector. Tony highlights how Merit Advisors helps clients reduce cash operating costs, the conversation also touches on the challenges and opportunities in the industry, including consolidation and maintaining efficiency amidst fluctuating commodity prices.