First Friday Q&A on Oil & Gas This Week

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:

2017 on the road sponsors:

Totaland

The World’s Most Advanced Field Land Management System

The Landman’s Virtual Office

https://www.totaland.com

Lee Hecht Harrison

As global experts in talent management, LHH is currently helping 75% of the Fortune 500 Oil & Gas companies simplify the complexity of leadership and workforce transformation.

http://www.lhh.com

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Questions:

Found you recently seems like a great podcast. Based on the first part of your most recent Episode 10/3/17 I wanted to reach out and see if we could communicate and possibly get a dialogue going as we are a fairly new company founded to address the lack of oil & gas industry advancement. www.rarepetro.com

Guys,

Love the podcast. One quick question: could y’all up Jake’s volume on the podcast? Mark is loud-and-clear, Jake – not so much. Thanks!

I represent the Daniel Morgan Graduate School of National Security in Washington, D.C. The school hosted an event on Sept. 26th called the Forecasting Global Energy Geopolitics and Markets Conference. The conference focused on the global energy situation specific to U.S. and international security and stability, as well as its effect on U.S. and international markets and businesses.

I think that the keynote speaker, Dr. Paul Michael Wihbey, would make a great guest on your show to discuss the findings of the conference, the global energy market situation, and more. Dr. Wihbey is a Partner at CAN-AM Strategic Advisory and Adjunct Professor at the University of Port Harcourt – Nigeria.

I apologize in advance if this is not the proper channel for suggesting guests on your show.

Wanted to express a technical suggestion – I’ve been listening to Oil and Gas this week for a couple years; I am distracted almost weekly by the contrast of audio dynamics as Jake and Mark interact. I don’t know what your studio setup looks like, but Mark sounds like he is right next to the mic, but Jake sounds like he is three feet away from his mic. Jake occasionally does lean into the mic and it is noticible as he comes accross much better. I realize your God-given vocals are unique – yes, Mark you have a booming speaking voice. Just have been bugged to the point of taking a sec to reach out and let you know from a listener perspective, keeping aware of that would be awesome for your show.

Love the show. I have noticed that you and Jake have been incrementally featuring more segments about LNG markets and projects on the show over the last few months. I wanted to see if you could give a quick run down of how LNG marketing works, and if you could highlight some key similarities/differences (in your opinion) between LNG marketing versus natural gas and crude oil marketing. I would also like to ask that my identity remain anonymous if you decide to feature my question on the show. Thanks and keep up the great work. 

Jake and Mark, we have about 20 of us that are huge fans of the show! Oil and gas companies were pioneers of the first digital age in the 1980s and 1990s. Long before phrases such as big data, advanced analytics, and the Internet of Things became popular, oil executives were making use of 3-D seismic, linear program modeling of refineries, and advanced process control for operations. The use of such technologies unleashed new hydrocarbon resources and delivered operational efficiencies across the value chain. So technology adaptation is not new to our industry.

My question is why do you two think this round of technology adoption is different? Keep up the awesome work!!!