{"id":10324,"date":"2020-05-07T12:04:02","date_gmt":"2020-05-07T12:04:02","guid":{"rendered":"https:\/\/www.westwoodenergy.com\/?p=10324"},"modified":"2022-09-07T02:53:58","modified_gmt":"2022-09-07T01:53:58","slug":"podcast-james-west-and-terry-childs-on-offshore-drilling-fundamentals-for-2020-april","status":"publish","type":"post","link":"https:\/\/www.westwoodenergy.com\/news\/podcast-james-west-and-terry-childs-on-offshore-drilling-fundamentals-for-2020-april","title":{"rendered":"Podcast: James West and Terry Childs on offshore drilling fundamentals for 2020, April 2020"},"content":{"rendered":"<p>Evercore&#8217;s latest <b>Virtual Energy Industry Leaders Webinar<\/b> sees <a href=\"https:\/\/www.evercore.com\/bios\/james-west\/\"><strong>James West<\/strong><\/a> &#8211; Senior Managing Director &amp; Partner of Oil Services, Equipment &amp; Drilling Fundamental Research at <a href=\"https:\/\/www.evercore.com\/isi-research\/\"><strong>Evercore ISI<\/strong><\/a>, New York &#8211; interview Westwood&#8217;s Head of RigLogix, <strong>Terry Childs<\/strong> on the outlook for offshore drilling in 2020.<\/p>\n<p>The world has flipped unlike anyone has ever seen, since Terry and James spoke last in their <a href=\"https:\/\/www.westwoodenergy.com\/news\/podcast-james-west-and-terry-childs-on-offshore-drilling-fundamentals-for-2020\">January podcast<\/a>, and this will be a great opportunity to hear the latest on the offshore markets before the Offshore Drillers kick off their earnings season<\/p>\n<p>To listen to the podcast, simply click play below or download the audio file, <strong><a href=\"https:\/\/www.westwoodenergy.com\/wp-content\/uploads\/2020\/04\/Evercore-ISI-Webinar-with-Terry-Childs-Head-of-RigLogix-at-Westwood-Global-Energy-Group-4.28.20.mp3\">here<\/a>.<\/strong><\/p>\n<!--[if lt IE 9]><script>document.createElement('audio');<\/script><![endif]-->\n<audio class=\"wp-audio-shortcode\" id=\"audio-10324-1\" preload=\"none\" style=\"width: 100%;\" controls=\"controls\"><source type=\"audio\/mpeg\" src=\"https:\/\/www.westwoodenergy.com\/wp-content\/uploads\/2020\/04\/Evercore-ISI-Webinar-with-Terry-Childs-Head-of-RigLogix-at-Westwood-Global-Energy-Group-4.28.20.mp3?_=1\" \/><a href=\"https:\/\/www.westwoodenergy.com\/wp-content\/uploads\/2020\/04\/Evercore-ISI-Webinar-with-Terry-Childs-Head-of-RigLogix-at-Westwood-Global-Energy-Group-4.28.20.mp3\">https:\/\/www.westwoodenergy.com\/wp-content\/uploads\/2020\/04\/Evercore-ISI-Webinar-with-Terry-Childs-Head-of-RigLogix-at-Westwood-Global-Energy-Group-4.28.20.mp3<\/a><\/audio>\n<ul>\n<li>Fundamentals for offshore drilling, equipment and services are not supported at current commodity prices<\/li>\n<li>Capex is collapsing with the ~30% reduction in global spending, with drilling programs deferred and contracts terminated<\/li>\n<li>Jackups and floaters are equally at risk, with COVID-19 potentially a lagging impact on crew changes and other operations<\/li>\n<li>Dayrates are at risk with operators requesting concession across all service and product lines<\/li>\n<\/ul>\n<p>The <em><strong>&#8220;Virtual Energy Leaders Webinar Series&#8221;<\/strong><\/em> was recorded by, and supplied courtesy of; James West at Evercore ISI, New York on 28th April 2020.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Evercore&#8217;s latest Virtual Energy Industry Leaders Webinar sees James West &#8211; Senior Managing Director &amp;&#8230;<\/p>\n","protected":false},"author":6,"featured_media":10345,"comment_status":"closed","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"footnotes":""},"categories":[353,48,445,339,349,330,335,334,336,359],"tags":[],"class_list":{"0":"post-10324","1":"post","2":"type-post","3":"status-publish","4":"format-standard","5":"has-post-thumbnail","7":"category-all_articles","8":"category-news","9":"category-offshore-energy-services","10":"category-offshore-rigs","11":"category-oilfield-services","12":"category-riglogix","13":"category-sectors","14":"category-solutions","15":"category-subsectors","16":"category-video-podcasts"},"acf":[],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v25.1 - 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