RealMoney contributor Dan Dicker talks with TheStreet's Stephanie Link about both offshore and onshore drillers. Dicker says there has been a rapid increase in the number of onshore horizontal wells being drilled in fast growing shale plays in the Eagle Ford and Permian, while in the Gulf of Mexico offshore, there have been a number of newly built rigs often going without work. Dicker sees continued strength coming from Halliburton and Helmerich and Payne, while Link sees value in Wetherford.

At the time of publication, Dicker was XXX, but positions can change at any time.

Dan Dicker has been a floor trader at the New York Mercantile Exchange with more than 25 years of oil trading experience. He is a licensed commodities trade adviser.

Dan is currently President of MercBloc LLC, a wealth management firm and is the author of "Oil's Endless Bid," published in March of 2011 by John Wiley and Sons.

Dan Dicker has appeared as an energy analyst since 2002 with all the major financial news networks. He has lent his expertise in hundreds of live radio and television broadcasts on CNBC, Bloomberg US and UK and CNNfn.

Dan obtained a bachelor of arts degree from the State University of New York at Stony Brook in 1982.