How data center growth is slowing the US shale comeback, with Ryan Hassler and Marauder Capital's Roe Patterson

Let’s Talk Energy and dig into the companies that are drilling, fracking and producing oil and gas in the US shale plays. Oil and gas companies working onshore US are cautiously increasing activity to bring on more production, incentivized by the currently high prices for oil. While the price outlook remains highly fluid, the continued conflict in the Middle East and the need to refill the resulting 1-billion-barrel deficit in global storage levels is giving CEO’s confidence to marginally increase production. But, as many listeners know, oil companies don’t drill wells, hook them into pipelines, or do many of the other things that are needed to get oil and gas flowing out of the ground – they pay oilfield service companies to do that work.

How much more equipment is needed in the market to meet projected demand from US shale players?

What are the pinch points that could limit the ability of oilfield service companies or make it more expensive for operators to ramp up production?

How have changes in the sector, including past consolidation and ongoing diversification into work outside the oil and gas industry, on things like data centers, changed dynamics in the market?

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