Here is something that I found out about while attending the Frac Sand Industry Update Conference, held in Houston, February, 2020.

Note:  The last data point on this chart is for the entirety of 2019.

HOUSTON, March 12, 2020 (GLOBE NEWSWIRE) -- Apache Corporation (NYSE, Nasdaq: APA) today announced multiple actions being taken in response to the current oil price environment. The company reduced its 2020 capital investment plan to a range of $1.0 billion to $1.2 billion from a previous range of $1.6 billion to $1.9 billion. Over the…

This interim guidance is based on what is currently known about the coronavirus disease 2019 (COVID-19). The Centers for Disease Control and Prevention (CDC) will update this interim guidance as needed and as additional information becomes available. Read it here:  http://www.cdc.gov/coronavirus/2019-ncov/community/guidance-business-response.html  

The EIA published its Weekly Petroleum Status Report.  Here are some highlights.  All items are in millions of barrels per day except inventories, which is billions total.  Dates are defined as week ending averages, except utilization rate which is a four week ending average.  The full report can be found here. Item 3/13/20 3/6/20 Refinery…

The coronavirus pandemic has started to impact the trade show circuit in the natural gas industry. Read full article:  http://www.compressortech2.com/coronavirus-impacts-natural-gas-shows/?utm_source=newsletter&utm_medium=email&utm_campaign=COMPRESSORtech%C2%B2+News+-+March+18%2C+2020&utm_term=CT2

HOUSTON, March 12, 2020 /PRNewswire/ -- McDermott International, Inc. ("McDermott" or the "Company") today announced that the U.S. Bankruptcy Court for the Southern District of Texas (the "Court") has confirmed the Company's Plan of Reorganization (the "Plan") and approved the sale of Lummus Technology to a joint partnership between The Chatterjee Group and Rhône Capital (the "Joint…

Brent fell by 10% on Monday, and U.S. crude to below $30, as emergency rate cuts by the U.S. Federal Reserve and its global counterparts failed to tame markets and China's factory output plunged at the sharpest pace in 30 years amid the spread of coronavirus. Full article:  https://www.oedigital.com/news/476622-brent-wti-fall-as-coronavirus-spreads?utm_source=AOGDigital-ENews-2020-03-16&utm_medium=email&utm_campaign=OEGDigital-ENews

May 21, 2020 OMNI Houston Hotel Westside http://www.iadc.org/event/2020-iadc-drilling-onshore-conference-exhibition/