In our longest episode yet, you get to have it your way as we answer everything about oil y’all wanted to know this month. Special thanks to Aaron Mooney and Leroy Griggs for the audio questions!
Bulwark Has a Winner!
First, we had Alex Bruns and now Dani Zink, Drilling Fluids Engineer at Schlumberger, goes home with his very own Bulwark 2-Tone Base Layer.
Y’all are taking over! Who’s next?
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Jason Moore B.Sc, Geology at Canstrat
I do business development for Canstrat, a lithology data company that has a massive library of strip logs available for purchase. Being that I am from Canada I am less familiar with how I should be acquiring new prospects in the United States.
I have drunk the social media cool aid, largely in part to James Hann’s Marketing podcast, and I am starting to create content based on my target market to generate inbound leads. For outbound though would targeting the geoscience team leads for my product would be the best approach or should I consider any other part of the organization like their services department?
Also, do you have any recommendations on how to find prospects that aren’t on social media? As you well know our industry is slow to adapt, which I think is even more true for geologists who are known doing everything at a different pace.
Thanks for all you do.
Jason Moore B.Sc Geology
Mark Roberts, Physician Assistant at Physician Assistant Solutions
I am not an oil field professional. I am a mineral owner. This podcast has been excellent for bringing me up to speed on this fascinating industry.
My question, if US oil is mostly light sweet crude and our refineries are constructed to refine heavier oil from Canada and the Middle East, does it ever become financially prudent to began building refineries that can use the product under our feet?
Does it ever become prudent from a national security perspective to develop refineries that can process light sweet crude?
Nick Fedorkiw, Zenon Energy
Hi, I listen to your podcast and am a big fan. I work as a freelance commercial consultant based in Vancouver. My background is in renewables but recently have been getting more involved in Oil & Gas.
On a recent episode, you guys briefly discussed how small investors can invest in oil and gas firms and how you can act as a matchmaker between companies and investors.
I am working with a start-up E&P firm in Calgary that is looking to raise funds for growth in Alberta. The management team is quite strong and in your podcast, you mentioned that it effectively the number #1 criteria when looking at these opportunities. So I thought I’d reach out. I have a slide deck I can send you if you think you might be able to assist us?
Nick, VP Legal and Business Affairs
I am looking for a way to get into the oil and gas industry. I have been a business attorney for many years both as in-house counsel and in private law practice but I have not worked in the energy industry.
I don’t plan to limit my search to legal department positions. I’d include business development, land acquisition, etc. Just wondering if you have any suggestions, places to look that I might be missing, ideas on growth areas, etc.
Sadiq Ali, Seeking New Opportunities
James, Mark thank you for taking my question. Are there any free or low-cost events that O&G professionals can take advantage of to network and find job opportunities? How about free or affordable workshops to learn new skills? Can you share any you know of?
Also, you guys are doing a fantastic job with the podcast; one suggestion, however. Can you make it a bit easier to get to your other podcasts such as the Careers podcast? I find it a bit difficult to navigate on your site so just a small suggestion.
Please keep up the great work and look forward to your next podcast!
Patrick, O&G Engineer
This is a fantastic podcast and I’m a big fan of your Friday Q&As…spreading the word to everyone and their grandmother and encouraging all to subscribe, download, rate, and review your show!
I hope you’re able to answer my question. I am choosing to remain anonymous given the nature of my question.
I have heard rumors from close contacts within the industry that Schlumberger has successfully drilled via a fully automated rig somewhere in either Europe or the US. Furthermore, the rig was able to drill over 10,000 feet deep from a remote location which served as the operation hub.
Have you heard anything similar? Are there any other drilling contractors or Oil and Gas companies you know of that are working on automated rigs?
The second question I have is how successful do you think the Cameron-Schlumberger combination will be? Was this simply a “cheap” way to show investors that Schlumberger is doing something new to appease investors?
The reason I say this is because Cameron has been a poorly run company and besides OneSubsea and its BOP equipment and wellhead offerings it doesn’t offer much value. Valves is a competitive business that is dominated by Chinese low-cost manufacturers and players such as Emerson (who now owns Pentair Valves) and Valve Italia.
Thank you for taking the time to answer these questions. Please keep up the good work and keep those podcasts coming!
Gregor Morrison, Process Engineer at g3baxi Partnership
Hi guys, first of all, love the show. Like a lot of your listeners from across the pond, I’ve been gripped by the Trump vs Clinton debates over there.
For the Friday Q&A, I have a hypothetical question for you. If the United States Oil and Gas Industry had a vote – which candidate would get it?
Jospeh Brody, Bell Helmets
What do James and Mark think of GlassPoint – Solar thermal energy used to lower the cost of oil extraction?
A friend of mine is looking to join the company and I thought that green industry meets black is very interesting and practical.
Jarrett, The Broke Investor
Has the Oil Drilling & Gas Wells industry (IP.N213111.S) found its bottom?
Also, how can I keep better track of Over Supply and RIG count? Can Crude see $60-70 by end of 4th Quarter? If so, will it be smart to invest in small to mid-cap drilling companies?
I am a novice investor looking to jump into OIL.
Ross Atherton, Ingersoll Rand
My company designs and manufactures winches and high-capacity hoists for onshore oil-rig applications. I have two questions.
1) Is there a good way to forecast new land rig builds for 2017?
2) What effect do DUC’s have on demand for new rigs? Is it correct to assume that rig inventory used to drill DUCs is still in place and will be used to complete the wells, therefore eliminating the need for new rigs to be built?
Love the show and hope to meet you guys someday.
Daniel Romero Sol, Completions Tech-Sales Mexico South at Schlumberger
Hola. Love your work guys and you are an inspiration. My question is: Please walk me through a big data application in the oil business that actually has generated revenue.
Thank you very much. My best wishes and looking forward to 2017 predictions.
Francisco Zabert, FP&A Consultant at Novix
Hi, I’m forming Neuquen, Argentina, Vaca Muerta’s Land. As you may know, shale is in the development phase here.
In your knowledge, Mark, what are your thoughts about the competitiveness of our oil and gas?
Join Us At geoconvention 2017!
Website: geoconvention 2017 • Calgary • Canada • May 15-19, 2017
Exhibitor Information: geoconvention 2017 Exhibitor Prospectus
Sponsorship Information: Sponsorship & Advertising Brochure
The Weekly Onion
Events On Deck
API Houston Luncheon
When: Tue November 8, 2016 10:30am till 1:00pm
Where: The Petroleum Club, 1201 Louisiana St., Houston, TX 77002.
ISA Houston Section Expo & Chili Cook Off
When: November 10, 2016 from 5:00 pm – 9:00 pm
Where: Houston Farm & Ranch, 1 Abercrombie Street Houston, 77084
Dress: Business casual to cowboy
First Friday Q&A
Wow! Y’all REALLY stepped up this month!
Can you repeat??
One more for the good guys!
Awesome guys! Very informative by TheBrokeInvestor – Oct 26, 2016
I’m getting into investing in oil and gas and I use this podcast to aid in my due diligence. Keeps me updated on the oil industry as well as natural gas.
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