Welcome back to another episode! This week’s episode is our First Friday Q&A for December. 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!
Show Notes & Links:
How do you think the recent “Global Warming of 1.5 °C” study by the Intergovernmental Panel on Climate Change will affect the oil and gas industry?
Love all the podcasts, as everyone knows, it’s a great way to stay up to date with all aspects of the O&G industry. Quick question, our company provides bearing and bushing solutions for a wide range of applications that can reduce maintenance (grease free options) and downtime (longer bearing / bushing life) as well as handle a wide range of temperatures and they can be very chemically resistant. When working with design engineers, what do you see as the number one benefit? Reduced maintenance or reduced downtime or general performance? Thanks for everything y’all do!
-Stuart Chinworth, Sales Engineer w/ GGB Bearings (fka Glacier Garlock Bearings)
Hey guys, I’ve noticed you haven’t published any podcasts this week? Are you still doing weekly podcasts?
Great show! I’ve been listening a couple of years now and am excited every time a show is posted. Just some background… I have 16 years of experience in GIS and data management/research and currently maintain the GIS and data assets for an investment bank here in Houston. I made the move a little over a year ago from a well known operator and have been amazed at the incredible lack of data that various organizations have for land, operations, and marketing that operators have. In fact just before leaving industry, I completed my MBA in which my final project was a change management process to tie land and reservoir engineering into a cohesive dataset that both departments could access and analyze. It’s still hard to believe that with all available technology that data siloing, lack of cross departmental communication, and operators not entirely sure where their leases are located is still such an issue. Do you all see an end to this in the future? Thanks guys and keep up the great work.
Excellent show, just tuned in this week and I’m hooked!
You hear a lot of talk about the Powder River Basin these days. What do you think the future looks like for that region?
Hello! I’m a recent graduate of the University of Houston Chemical Engineering and a new hire at the ExxonMobil Baytown refinery complex. I just discovered this podcast and I fell in love with it instantly. As a downstream person myself, it’s good for me to learn about what’s going on the upstream environment. However I would love for more downstream and chemical news with all the expected growth in those industries. I just started listening so if you’ve touched more on this in the past I apologize. Can’t wait for the next Houston happy hour!
I am trying to increase my network in order to try and get back into the Industry. Who can I talk to about advice and direction?
Mark, I am in line pipe sales and work with a lot of midstream companies. Any thoughts on common trends that may affect midstream companies in a negative way? I’m new at this and still trying to figure out how the industry as a whole works together.. any insight or resources you guys recommend to learn this? Love the show!
Question 1. Mark and Jake do a great job pointing the audience toward the future of the Oil and Gas industry. Especially concerning potential markets that have yet to be developed or created. With that in mind, what is, or is there, a consensus around when space flight will be commercialized? Once commercialized what, if any, effect will this have on hydrocarbon demand?
Question 2. In my opinion, Mark does a great job discussing the roadblocks to hydrocarbon development in countries other than the U.S. With the main factor being a lack of opportunity for citizens to cash in on mineral rights. Are there organizations, lobbyists, associations, etc., that promote changes to mineral laws in other countries? If these groups do exists, what would be their main hurdles in Western civilians? In Eastern civilizations?
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