Saturday, June 28, 2025
US Energy vs. Russia

As Capital Tightens, E&Ps Stir the Gumbo

Borrowing Base Redeterminations Kicking into Full Swing Cyclicality in the oil and gas industry is a given.  Across the board in today’s commodity price environment, the E&Ps and the OilService companies that provide them with drilling and completion services have worked hard to right-size costs. Management teams will expand and contract their companies’ drilling activity not necessarily by their doing,