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Nominally Hedged | A Frac Bid Is an Exact Answer to the Wrong Question
It leaves out how fast the crew pumps, the one number that makes bids comparable. Which we have. Ahead of Q3 RFPs.
Jul 14
•
Ian Myers
8
Nominally Hedged | The Shapley Value of a Rig Count
What your vendor's regional VP would say if he were candid. We scored the 46 drilling programs behind his confidence.
Jul 7
•
Ian Myers
5
June 2026
Nominally Hedged: The Best Bet in the Permian Is Against the Permian
Chevron's twenty-year Microsoft deal is a stack of bets, and the ones on top reprice decisions all the way down. We follow one to where it lands.
Jun 30
•
Ian Myers
12
Read the rent roll before your next compression renewal
Nominally Hedged is Kalibr Partners' briefing on what oil and gas actually costs: every category, CAPEX to OPEX, proprietary data systems, interpreted…
Jun 23
•
Ian Myers
12
2
Nominally Hedged | Cheap Talk
A £60 fuel surcharge, a 1982 paper that explains your vendor's last price increase, and the model that turns a good story back into arithmetic.
Jun 16
•
Ian Myers
12
2
Nominally Hedged: For Want of a Crankshaft
The compression industry’s engine problem isn’t a Caterpillar problem. It’s a metallurgy problem, and it’s not getting better for three years.
Jun 5
•
Ian Myers
13
1
May 2026
Nominally Hedged: The Denominator
Harold Hotelling’s 95-year-old theory, Devon’s $2.63 billion answer, and the four strategies left when the rock runs out.
May 27
•
Ian Myers
11
Nominally Hedged | Q1 2026 Earnings Intelligence: NGS + Flowco Deep Dive
Two vendors posted their best quarters ever. Both immediately told Wall Street not to believe it. We took them at their word.
May 22
•
Ian Myers
7
Nominally Hedged: The Supply Side Read the Book
Q1 2026 Compression Earnings: Lead Times, Leverage, and the End of Buyer's Markets
May 15
•
Ian Myers
9
Nominally Hedged | The Capital Stack Is The Counterparty
Blue Owl’s liquidity problem, David Bowie’s bond portfolio, and the financing structure quietly reshaping how oil and gas assets get bought, sold, and…
May 7
•
Ian Myers
11
Nominally Hedged | DJ Basin Analysis: The Basin Nobody Wanted
Turns out you can't rationalize geology
May 5
•
Ian Myers
10
April 2026
Nominally Hedged: Enerflex, NGS and Flowco Deep Dives
Devon Energy can call any compression vendor in the Permian and get a yes. They called the one with 563,000 horsepower.
Apr 26
•
Ian Myers
8
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