Dec. 7, 2023




With record sustained profitability of E&P companies now entering the 4th year, this might just be the golden years of the oil & gas industry, particularly for US producers. Now that Middle East producers are doing all the heavy lifting regarding expanding capacity, where does that leave US land in a price environment that has oil <$100 and gas around $3? Spears will address drilling rig activity and day rates, frac crew activity and pricing, and the never-ending race to offset declining reservoir performance with longer laterals 


Registration & Walk-ins 

All attendees are encouraged to register and pay online for this event.  This is a more efficient means of registering for the event and enables the registration process at the meeting to move much faster.  Walk-in space is available on a seat-limited basis at a fee more than the on-line registration fee.

Parking for this event
The TOTAL Plaza building (1201 Louisiana Street across from the Houston Hyatt Regency Hotel) is connected to the downtown Houston tunnel system.  Using the tunnel system, those working downtown can walk to our meeting in air-conditioned comfort.
If you will drive to this meeting, the following summarizes available parking:
The image above shows how to access the club parking area at the new location of the Petroleum Club. Enter from Milam Street and exit onto Louisiana Street.  Parking fee paid at central meter outside building entrance via credit card.  
Surface parking lots are available to the south of the TOTAL Plaza building (between this building and the former EXXON Building), including one surface lot adjacent to the TOTAL Plaza Building - pay at meter (cost ~ $9).  Other surface lots in the area cost $8 - $9 and they frequently are full by mid-morning.
Parking is also available in the Hyatt Regency Hotel parking garage across the street.  Prices vary depending on time in the garage.  Cost for 2 hours of parking is $12.  

Featured Speakers

Speaker Richard Spears

Richard Spears is one of the managing directors of Spears & Associates, a global oilfield market research firm.  Richard also sits on the boards of several energy-related companies, including Varel Energy Solutions, APS Technology, Pruitt Tool, Latshaw Drilling, and IGNIS H2 Energy, a geothermal company associated with Milan-based GEOLOG.



James Barry / Jonny Walker

Date and Time

Thu, Dec. 7, 2023

11:30 a.m. - 1 p.m.
(GMT-0600) US/Central

View Our Refund and Cancellation Policy


Petroleum Club of Houston

1201 Louisiana St, 35th Floor
Houston, Texas 77002
United States of America

Group(s): Drilling