Oil And Gas This Week Podcast

  Welcome back to another episode! This week’s episode is our First Friday Q&A for September. You ask the questions and we answer them. Big thanks to everyone who wrote in. If you want to get a question answered for next month’s FFQA, click the link below. Enjoy! Have a question? Click here to ask Show Notes & Links:   Questions: Hey guys,  Sorry to bug you. I just wanted to say thank you for putting me in contact with Brady Reece. I just finished going through the interview process and am going to intern at their firm next summer. I also can't tell you how helpful the show has been in learning about the industry, I look forward to it each week. Thank you again for taking the time to help out, I really appreciate it.  New listener, and this is what I’ve been looking for! Great insight and great wisdom! I’m a recent petroleum engineering grad from Penn State, and I wanted to know if you guys could give me some insight on what to expect in the job market. I Minored in Energy Bus

  Welcome back to another episode! This week’s episode is our First Friday Q&A for September. You ask the questions and we answer them. Big thanks to everyone who wrote in. If you want to get a question answered for next month’s FFQA, click the link below. Enjoy! Have a question? Click here to ask Show Notes & Links:   Questions: Jake mentioned on Ep. 180 that "Schlumberger and Halliburton, as far as I know, had not announced any layoffs either" when discussing NOV incurring costs due to early retirements and severance payments; however, Halliburton announced on July 22nd that it cut 8% of its North American workforce during the second quarter of 2019. Hi,   I really appreciate the work your team puts into this podcast each week. I recently completed my MBA capstone project working as a consultant for a business in the oil & gas industry and I have been listening for a few months to help understand industry trends and to learn the language of the industry a little better.

In this Episode of Oil & Gas This Week: Oil has a Millennial problem, Whiting Petroleum Slashes Workforce By a Third, E&P Growth Shifts Offshore and Globally But More Cost and Job Cuts On the Way, Concho Stumble Casts Cloud Over Permian, Tankers Change Names to Ship Venezuelan Oil to Cuba, Why the future of oil is in chemicals, not fuel, and other oil & gas news. Have a question? Click here to ask.           Stories:   Oil Has a Millennial Problem  Whiting Petroleum Slashes Workforce By a Third  E&P Growth Shifts Offshore and Globally But More Cost and Job Cuts On the Way  Concho Stumble Casts Cloud Over Permian  Tankers Change Names to Ship Venezuelan Oil to Cuba Why the future of oil is in chemicals, not fuels  Weekly Rig Count As of 8/92019 - The American Rig count is 970 active rigs. IBM Giveaway Enter to Win Here! Sign-up for your chance to win a T-shirt with a unique serial

In this Episode of Oil & Gas This Week: Mark and Jake is joined by Paige Wilson host of The Oil and Gas Industry Leaders Podcast at IPANM Annual Meeting. Have a question? Click here to ask.           Stories:   Shale drilling’s worst yet to come, biggest rig owner says No Quick Exit From Permian Oil for Private Equity  Analytics Firm: Permian Fracturing Work Underreported by 21% in 2018 Callon Petroleum acquires Carrizo Oil in $1.21B merger of Houston firms  TechnipFMC wins $7.6 billion contract for Arctic LNG-2 project  Weekly Rig Count As of 7/28/2019 - The American Rig count is 989 active rigs. IBM Giveaway Enter to Win Here! Sign-up for your chance to win a T-shirt with a unique serial number. This means each shirt is different making it an awesome collector’s item! Plus it comes inside an official OGGN insulated tumbler.  At the end of the year we will have a drawing to win our grand prize! This will

Welcome back to another episode! This week’s episode is our First Friday Q&A for July. You ask the questions and we answer them. Big thanks to everyone who wrote in. If you want to get a question answered for next month’s FFQA, click the link below. Enjoy! Have a question? Click here to ask Show Notes & Links:     Questions: I am in a good and not so good predicament. I’ve spent the last 4 years working with a geophysical consulting company primarily for small independent E&P companies. When the owner of that company retired, I had to choose: go off on my own or join another company. I joined a company. And to be honest, it is a great job, great company to be working for. But the thoughts linger about the ‘what if’s’ of going on my own and the skills and technological capabilities I can lend to other E&P’s. I know what I am good at and what I can bring to the table, and I never stop trying to learn new things to add to the value of my work.

In this Episode of Oil & Gas This Week: Mark is joined by Paige Wilson host of The Oil and Gas Industry Leaders Podcast and Patrick Pistor Marketing Manager at SitePro at the Energy Exposition. The quietness is made possible by RMI, safety industrial supply:www.rmiwyoming.com  Have a question? Click here to ask.           Stories:   Mozambique Gas Riches Near as $25 Billion LNG Plant Approved Crude oil inputs to Mexico's refineries fall for fifth year in a row U.S. refiner Phillips 66 enters offshore oil export race Weekly Rig Count As of 7/4/2019 - The American Rig count is 1000 active rigs. IBM Giveaway Enter to Win Here! Sign-up for your chance to win a T-shirt with a unique serial number. This means each shirt is different making it an awesome collector’s item! Plus it comes inside an official OGGN insulated tumbler.  At the end of the year we will have a drawing to win our grand prize! This will be a pool of all o

In this Episode of Oil & Gas This Week: Reporter’s Notebook: Oil & gas venture capital investing autonomous vehicles, machine learning, Dallas Cowboys Owner Jerry Jones’ Oil And Gas Company Buying Energy Firm For $2.2B, Oil Shoots Up As Iran Says ‘’It’s Ready For War’’, Pemex No Longer Interested In Deepwater Oil Projects and more industry news. Have a question? Click here to ask.           Stories:   Reporter’s Notebook: Oil & gas venture capital investing autonomous vehicles, machine learning Dallas Cowboys Owner Jerry Jones’ Oil And Gas Company Buying Energy Firm For $2.2B Oil Shoots Up As Iran Says ‘’It’s Ready For War’’ Russia To Lend Iran A Hand For Exporting Oil Pemex No Longer Interested In Deepwater Oil Projects Senate passes Bill C-69, which overhauls review of major projects, like pipelines Canadian Senate passes B.C. tanker ban bill, prepping for it to come into law Saudi Aramco and Air Products inaugurate first

Welcome back to another episode! This week’s episode is our First Friday Q&A for June. You ask the questions and we answer them. Big thanks to everyone who wrote in. If you want to get a question answered for next month’s FFQA, click the link below. Enjoy! Have a question? Click here to ask Show Notes & Links:     Questions: Love your show guys, I graduated from the US, USF in Tampa a year ago, I am now a Process engineer trainee in the O&G. I would like to get your advice on what my career could be like in a few years and what I could aspire to be. I want to go into leadership after a few years of engineering. also want to know how I could be the best engineer I could be in my industry (key things

In this Episode of Oil & Gas This Week: War With Iran Could Send Oil To $250, US Forces Blow Up Three Oil Tankers In Syria Enforcing Oil Embargo, Marathon Oil Goes Truly All American As It Divests Iraq Play, Winklevosses, Private Equity Eye Power as U.S. Gas Glut Fix, Shell Begins Production from Massive Gulf of Mexico Platform and more industry news. Have a question? Click here to ask.           Stories:   War With Iran Could Send Oil To $250  US Forces Blow Up Three Oil Tankers In Syria Enforcing Oil Embargo  Marathon Oil Goes Truly All American As It Divests Iraq Play  Winklevosses, Private Equity Eye Power as U.S. Gas Glut Fix Shell Begins Production from Massive Gulf of Mexico Platform  Private Equity Scrambles To Buy Assets In This Emerging Oil & Gas Hotspot Cheniere to build Louisiana Sabine Pass 6 LNG export train Weekly Rig Count As of 6/08/2019 – The American Rig count is 1003 active rigs. IBM Giveaway Enter t

In this Episode of Oil & Gas This Week: U.S. Natural Gas Exports To Europe Soar Nearly 300% In Nine Months, Chevron closes deal for Petrobras’s Pasadena refinery, assets, How Weatherford went from fourth largest oilfield service company to Chapter 11, Schlumberger to sell 3 businesses to Houston co. for $400M, KKR and Spur Energy Partners join forces to acquire production assets across the U.S. and more industry news. Have a question? Click here to ask.           Stories:   U.S. Natural Gas Exports To Europe Soar Nearly 300% In Nine Months Chevron closes deal for Petrobras’s Pasadena refinery, assets How Weatherford went from fourth largest oilfield service company to Chapter 11  Schlumberger to sell 3 businesses to Houston co. for $400M  KKR and Spur Energy Partners join forces to acquire production assets across the U.S. Exxon’s Permian Production to Yield $64B for New Mexico  Hypergiant uses satellites and AI to mine oil an

Welcome back to another episode! This week’s episode is our First Friday Q&A for April. You ask the questions and we answer them. Big thanks to everyone who wrote in. If you want to get a question answered for next month’s FFQA, click the link below. Enjoy! Have a question? Click here to ask Show Notes & Links:     Questions: My name is Jake and I’m a finance student at BYU. I recently started to listen to your podcast and have found it extremely helpful, especially as someone who is just getting into the oil and gas industry.   I’m a sophomore at my school and am going to recruit for oil and gas investment banking in Houston in just a few months. I’m reaching out to see if you have any suggestions as to firms that are still hiring interns in the Houston area. I’d be more than happy to send you my resume or talk if you have a few minutes.   Hello Jake and Mark,  I am currently a hydraulic fracturing field engineer working for a

In this Episode of Oil & Gas This Week: Cramer: Chevron’s Anadarko merger won’t be the only oil deal this year, The Undeniable Signs Of A Shale Slowdown, This Legendary Shale Basin Just Broke Its 2011 Production Record, Exxon Makes Another Discovery In This New Oil Hotspot, Why Russia Fails To Speed Up Production Cuts and more industry news. Have a question? Click here to ask.           Stories:   Dog rescued while swimming 135 miles off Thailand Cramer: Chevron’s Anadarko merger won’t be the only oil deal this year  The Undeniable Signs Of A Shale Slowdown  This Legendary Shale Basin Just Broke Its 2011 Production Record  Exxon Makes Another Discovery In This New Oil Hotspot  Why Russia Fails To Speed Up Production Cuts  Can Big Oil Win Back The Younger Generations?  Equinor Sets Sights on Natural Language Processing With Startup Nesh  Weekly Rig Count As of 4/25/2019 – The American Rig count is 1043 active rigs. Monthly H

In this Episode of Oil & Gas This Week: Chevron to buy Anadarko Petroleum in a $33 billion cash and stock deal, Oil and gas M&A ground to a halt in the first quarter, 2019 Oil and Gas Exploration Off to Flying Start, Pioneer Natural Resources looks to cut costs with ‘generous’ buyout offer and more industry news. Have a question? Click here to ask.           Stories:   Chevron to buy Anadarko Petroleum in a $33 billion cash and stock deal Oil and gas M&A ground to a halt in the first quarter  2019 Oil and Gas Exploration Off to Flying Start Pioneer Natural Resources looks to cut costs with ‘generous’ buyout offer Saudis Threaten ‘Nuclear Option’ To Kill Petrodollar Chevron launches $90M venture capital fund  Weekly Rig Count As of 4/25/2019 – The American Rig count is 1046 active rigs. Monthly Happy Hour Oil & Gas Global Network is hosting a happy hour on April 30th, from 6-9 P

Welcome back to another episode! This week’s episode is our First Friday Q&A for March. You ask the questions and we answer them. Big thanks to everyone who wrote in. If you want to get a question answered for next month’s FFQA, click the link below. Enjoy! Have a question? Click here to ask Show Notes & Links:     Questions: Good morning. Love the show and am beyond grateful for the information and insights you provide as I’m new to the industry. I’ll leave a rave review on the podcast but first wanted to ask if you have any plans to come out to the Bay Area this year for a happy hour. Please let me know if so, and how I could help coordinate.  I know someone in charge of P&A of a very small asset group in the Asia Pacific. He has over 900 wells that need P&A but it always gets pushed back to due industry climate.  Worldwide, the amount of wells that need P&A would be astronomical & I assume they have the same problem regarding being pushe

In this Episode of Oil & Gas This Week: OPEC Threatens To Kill U.S. Shale, Shale Pioneer: Hard Ceiling On Production Growth Coming, Shale CEO on Parent-Child Challenge, Well Declines: We Know, Change in Energy Sector is So Extreme Oil Companies May Need to Share Data, and more industry news. Quality Matters by Darci & Kyle Chambers Have a question? Click here to ask.           Stories:   OPEC Threatens To Kill U.S. Shale Shale Pioneer: Hard Ceiling On Production Growth Coming  Shale CEO on Parent-Child Challenge, Well Declines: We Know  Change in Energy Sector is So Extreme Oil Companies May Need to Share Data Oil and Gas Looks to Create Value in Digital Transformation  Why Oil & Gas Companies Can’t Snag Millennial Talent  Weekly Rig Count As of 3/18/2019 – The American Rig count is 872 active rigs. Monthly Happy Hour Oil & Gas Global Network is hosting a happy hour on March 26th, from 6-9 PM

In this Episode of Oil & Gas This Week: Wall Street Loses Faith In Shale, The Permian Is A Double-Edged Sword For Oil Majors, Shale Executives Address Investor Concerns Over Production, Frac Hits, Up-Spacing, Chesapeake Teams with Analytics, ML Firm to Improve Asset Performance  and more industry news. Have a question? Click here to ask.           Stories:   Wall Street Loses Faith In Shale  The Permian Is A Double-Edged Sword For Oil Majors  Shale Executives Address Investor Concerns Over Production, Frac Hits, Up-Spacing Chesapeake Teams with Analytics, ML Firm to Improve Asset Performance  Anadarko MLPs complete consolidation, $4B acquisition  ExxonMobil, Qatar Petroleum Find Gas Offshore Cyprus  U.S. Approves $3.2B Appalachian Natural Gas Pipeline  BP CEO Dudley: U.S. Shale Is ‘A Market Without A Brain’  Weekly Rig Count As of 3/4/2019 – The American Rig count is 1071 active rigs.

In this Episode of Oil & Gas This Week we have two guest co-host, Paige Wilson, host of Oil and Gas Industy Leaders and Christopher Penn, Co-Founder and Chief Innovator at Trust Insights, Digital Marketer, Bestselling Author, Keynote Speaker, Ninja.  Have a question? Click here to ask.           Stories:   How Machine Learning and AI industry initiatives are shaping the oil and gas industry Japan To Boost Energy Cooperation With Russia  Saudi Oil Tanker “Accidentally” Heads To Venezuela  How Does Blockchain Technology Fit into Oil and Gas  Oil and Gas Employment Starts 2019 Positively New Houston VC, accelerator group partners with energy giants US Shale To Drill And Complete 20,000 Wells This Year  What Happened to all the E&P Deal-Making? Weekly Rig Count As of 2/28/2019 – The American Rig count is 1069 active rigs. Monthly Happy Hour Want to sponsor a Happy Hour? Email our project coor

Welcome back to another episode! This week’s episode is our First Friday Q&A for February. You ask the questions and we answer them. Big thanks to everyone who wrote in. If you want to get a question answered for next month’s FFQA, click the link below. Enjoy! Have a question? Click here to ask Show Notes & Links:     Questions: Good morning. Love the show and am beyond grateful for the information and insights you provide as I’m new to the industry. I’ll leave a rave review on the podcast but first wanted to ask if you have any plans to come out to the Bay Area this year for a happy hour. Please let me know if so, and how I could help coordinate.  You mentioned hoping Guyana’s government would manage their recent find responsibly. Can you share some examples for a template of a government doing a good job of managing oil or other resources (especially with regard to the corruption aspect and how any success stories avoided it)? Also, have you read The P

In this Episode of Oil & Gas This Week: Will Exxon Greenlight This Huge LNG Project?, The New Oil Order, Shale Pioneer Hamm Growth Could Fall by Half, Huge Backlog Could Trigger New Wave Of Shale Oil, Tough Times For Sand Miners and more industry news. Children’s book mentioned: The Adventureneers in Africa: A mining and oil adventure for kids Have a question? Click here to ask.           Stories:   Will Exxon Greenlight This Huge LNG Project? The New Oil Order Shale Pioneer Hamm Growth Could Fall by Half Huge Backlog Could Trigger New Wave Of Shale Oil Tough Times For Sand Miners A Rare State Of Affairs For Refiners BP Ventures invests $5M into Houston startup’s artificial intelligence technology Weekly Rig Count As of 2/4/2019 – The American Rig count is 1076 active rigs. Monthly Happy Hour Oil & Gas Global Network is hosting a happy hour on February 26th, from 6-9 PM. Come out and enjoy a cold be

Welcome back to another episode! This week’s episode is our First Friday Q&A for January. You ask the questions and we answer them. Big thanks to everyone who wrote in. If you want to get a question answered for next month’s FFQA, click the link below. Enjoy! Have a question? Click here to ask Show Notes & Links:     Questions: Torchlight Energy was awarded a New Field Discovery designation from the USGS for the Orogrande Basin in West Texas. They have about 150,000 acres out there, and have both oil and gas to the surface. Sounds like they are negotiating with several of the majors, Has there been anything comparable done in recent history? Their geologist is the same geologist that discovered the Wolfbone play, and has described this as a billion barrel find. What could this be compared to, in terms of modern discoveries? I’m from Guyana, South America. We’ve made 10 discoveries in the last three years and we’re ranked among countries with the most dis