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Joseph Triepke

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“Silent Attrition” May Help Balance The Deepwater Drilling Rig Market Sooner Than Expected

With the onshore market seemingly recovering in a vacuum, deepwater drilling contractors continue to grapple with record low utilization rates and leading edge dayrates that...

Deepwater Isn’t Dead. Signs Of Life Suggest The Stage Is Being Set For A Comeback

Over the past couple weeks, we read a half dozen transcripts of earnings calls from the oil majors and national oil companies (NOCs). The big...

Schlumberger Is Sitting On A Highly Compressed Coiled Spring

Last week, Schlumberger management hosted a conference call with analysts to discuss 4Q16 results and the 2017 outlook. The company kicked off oilfield service...

Christmas Came Early For Lower 48 Drilling Contractors This Year

This year, many US oilfield workers are getting the best gift imaginable - a call up to the rig. Christmas arrived early, and the...

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