We're Still Here Podcast

Today Phil was joined by Ryan Flynn, Executive Director of the New Mexico Oil and Gas Association (NMOGA). Ryan tells Phil how he got into the oil and gas industry and what led him to his role as the Executive Director of the organization. They discuss how the association approaches out of the box thinking, why they put an emphasis on being humble and the obstacles they’re facing going into 2021. Ryan also shares how political policies will affect the industry and the overall impact this will have on the environment.  Here are some of the things you can look forward to in this episode: The initiatives that NMOGA has focused on this year How the pandemic has affected the industry in New Mexico Why incentivizing American producers will help reduce the overall environmental impact    Highlights: 1:47 How Ryan got involved in the oil and gas industry  8:29 What the NMOGA does 12:06 Out of the box thinking the association has done 18:27 Their approach around being humble  20:03 The association’s efforts in the field to reduce the environmental impact 21:08 The state of oil and gas in New Mexico during the pandemic 27:01 Biggest wins the association has had this year 33:19 Obstacles they face going into 2021 40:43 Why you should be looking for ways to incentivize American producers 43:27 What the annual meeting will be like this year 48:07 His thoughts on the future and the resilience of the oil and gas industry   About Ryan Flynn:Ryan Flynn is the Executive Director of the New Mexico Oil and Gas Association, a trade group representing the hard-working men and women in New Mexico’s oil and natural gas industry. As NMOGA’s Executive Director, Ryan has worked to strengthen relationships with community partners and members, and better communicate with the public about the role and impacts of oil and natural gas in New Mexico. Prior to joining NMOGA, Ryan previously served as the Secretary of Environment and the Natural Resources Trustee for the State of New Mexico. As Environment Secretary, Flynn brokered several key agreements with federal and state agencies, including a successful agreement with the United States Air Force to remediate groundwater contamination at Kirtland Air Force Base; and a landmark settlement agreement with the United States Environmental Protection Agency and the Navajo Nation over regional haze regulations in the coal and power producing Four Corners region of New Mexico -- called by one environmental group, the “greatest environmental improvement in the state’s history.” Ryan’s settlement agreement with the Department of Energy over violations at Los Alamos National Laboratory and the Waste Isolation Pilot Plant is the largest settlement agreement of its kind in the history of the United States. Ryan serves as an area defense counsel in the New Mexico Air National Guard and is the proud father of two girls. Connect with Ryan:New Mexico Oil and Gas Association | Facebook | Twitter | Personal Twitter | LinkedIn   About SherWare, Inc. If you’re enjoying this episode, please subscribe to our podcast and share with a friend! We also love ratings and reviews on Apple podcasts. SherWare creates software to simplify your accounting needs so you have more time to do the things that matter. We serve independent oil and gas operators, accountants and investors with a platform to manage their distributions and joint-interest billings on a platform -- and we’re the only software on the market that can integrate with your QuickBooks company. Click here to watch a demo of the software in action right now.

In this episode, Phil was joined by Charlie Burd of the Independent Oil & Gas Association of West Virginia (IOGAWV). Charlie touches on what’s been happening in West Virginia (WV) with the industry and the wins his association has had this year. He and Phil talk about the resilience of the industry, the decline in conventional permits in WV and what the association is working on moving forward.  Here are some of the things you can look forward to in this episode: The current state of the oil and gas industry in WV Focuses of the industry in WV on natural gas Priorities of the IOGAWV going into 2021   Highlights: 1:26 What the oil and gas industry is like in West Virginia and what the IOGAWV does 2:09 The history of Marcellus wells in the state 2:56 What caused the decline in conventional permits 4:10 How the pandemic has affected the flow of natural gas in WV 5:34 The majority of the production in their state 8:13 Companies using the advantages of cheap natural gas 10:18 Wins they’ve had this year  12:47 The resilience of those in the oil and gas industry 15:42 How the acquisition of assets by Warren Buffet’s company may affect future projects 16:16 What the association’s priorities are over the next several moments 17:22 His thoughts about oil and gas in WV and what people should know   About Charlie Burd:Charlie Burd has been the executive director of the Independent Oil and Gas Association of West Virginia since July 2002 where he manages the operations of the nearly 500-member trade association of oil and natural gas operators. Charlie also oversees IOGAWV’s legislative efforts. Prior to joining IOGAWV, Charlie worked at Hope Gas, Inc., holding a variety of marketing, economic development, and management positions.  He holds an associate degree in accounting from Mountain State College, a Regents BA degree from Glenville State College and is a graduate of the University Of Oklahoma’s “Economic Development Institute.”   Charlie serves on several industry advisory committees for West Virginia University, is active with the Independent Petroleum Association of America, the West Virginia Chamber, and the West Virginia Manufacturers Association.  Charlie is the Governor Jim Justices’ official state representative to the Interstate Oil and Gas Compact Commission where he also serves as the organization’s 1st Vice Chairman. In 2017, Charlie was honored as the “West Virginia Oil and Gas Man of the Year.”  Charlie and wife Leone reside in Vienna, WV, with their son Nathan, a senior in the WVU Statler College of Engineering and Mineral Resources - Lane Department of Computer Science and Electrical Engineering where he majors in computer science with a minor in cyber security.  His older son Charlie is the VP and COO of the American Masala Enterprises and resides in New Delhi, India.       Connect with Charlie:Independent Oil & Gas Association of West Virginia   About SherWare, Inc. If you’re enjoying this episode, please subscribe to our podcast and share with a friend! We also love ratings and reviews on Apple podcasts.   SherWare creates software to simplify your accounting needs so you have more time to do the things that matter. We serve independent oil and gas operators, accountants and investors with a platform to manage their distributions and joint-interest billings on a platform -- and we’re the only software on the market that can integrate with your QuickBooks company. Click here to watch a demo of the software in action right now.

In today’s episode, we brought back Mike Chadsey of the Ohio Oil and Gas Association to chat about the state of oil and gas in Ohio. Phil and Mike talk about how the pandemic has affected the state and how this impacts operators. Mike shares their priorities as an association, how the upcoming elections figure into the association’s plans and their outlook for the next few years. He also shares his thoughts on House Bill 6 and how the significant drop in operators since 2008 has affected the OOGA. Here are some of the things you can look forward to in this episode: How the oil and gas industry has been in Ohio during the pandemic What House Bill 6 means for the oil and gas industry What the OOGA’s priorities are for 2020 and beyond   Highlights: 2:11 How virtual meetings have been for him this year 2:35 How the pandemic has affected oil and gas in Ohio 4:46 Mergers and acquisitions he’s seen during this year  6:19 Wins that the OOGA has had this year 8:18 How the repeal of the House Bill 6 affects how they approach the legislature 10:47 Their priorities as an association for the remainder of 2020 11:59 How the upcoming elections figure into the OOGA’s plans 13:16 A discussion on a recent article about Google being carbon neutral 16:58 How the drop in operators in Ohio has affected membership in Ohio 18:21 What Mike wants people to know about oil and gas in Ohio 20:53 The association’s outlook for 2021 and beyond   About Mike Chadsey:Mike Chadsey serves as Director of Public Relations for the Ohio Oil and Gas Association. In that capacity, he leads OOGA’s engagement with the media in the state and continues the Association’s great work of creating and building relationships with local elected, community, and business leaders throughout the state. Immediately prior to joining OOGA, Mike served two years as the first state director of Energy In Depth-Ohio (EID), a grassroots advocacy, research and education initiative organized in support of responsible oil and gas development. Mike has served in a variety of roles over the last 20 years at both the local and state level working for various campaigns and office holders. He was elected by the voters of Summit County as a Board member of the Summit County Educational Service Center in 2017. He is a graduate of Kent State University with a Bachelor of Arts in Political Science. He lives with his wife, Jean Anne and their daughter Madeline and son Matthew in Green. Connect with Mike:Ohio Oil and Gas Association   About SherWare, Inc. If you’re enjoying this episode, please subscribe to our podcast and share with a friend! We also love ratings and reviews on Apple podcasts.   SherWare creates software to simplify your accounting needs so you have more time to do the things that matter. We serve independent oil and gas operators, accountants and investors with a platform to manage their distributions and joint-interest billings on a platform -- and we’re the only software on the market that can integrate with your QuickBooks company. Click here to watch a demo of the software in action right now.

In this episode we’re continuing the conversation with oil and gas associations across the U.S. Today, Phil was joined by Daron Fredrickson of the Louisiana Oil and Gas Association. Daron shares what his organization has been working on to help impact oil and gas producers and how this will affect taxes. They also discuss what the industry has looked like amidst the pandemic, OPEC and natural disasters such as hurricanes.    Here are some of the things you can look forward to in this episode: What the oil and gas industry is currently like in Louisiana The impacts of natural disasters on independent oil and gas producers  Why it’s critical to vote in the upcoming election   Highlights: 2:05 What the oil and gas industry is like in Louisiana 3:15 The types of members in the association and the challenges they face 5:27 How the pandemic and OPEC has affected Louisiana’s oil and gas industry 8:00 How independent producers are affected by hurricanes 9:22 The election and how politics affect the industry 14:37 How the amendment came into place 20:54 The problems he’s seen this cause for the oil and gas industry 26:13 How this amendment will not affect landowners 26:47 Inequality impacts on oil and gas producers 34:21 How you can get involved in helping the industry   Connect with Daron:Louisiana Oil and Gas Association   About SherWare, Inc. If you’re enjoying this episode, please subscribe to our podcast and share with a friend! We also love ratings and reviews on Apple podcasts. SherWare creates software to simplify your accounting needs so you have more time to do the things that matter. We serve independent oil and gas operators, accountants and investors with a platform to manage their distributions and joint-interest billings on a platform -- and we’re the only software on the market that can integrate with your QuickBooks company. Click here to watch a demo of the software in action right now.

In this episode, we had on Ryan Watts and Maverick Bentley from the Kentucky Oil and Gas Association. Phil, Ryan and Maverick talk about oil and gas in the state of Kentucky including how the pandemic has affected the industry. They chat about moving association meetings virtual, what they’re doing to support association members and why the oil and gas industry is essential for people’s quality of life. You’ll hear some of the obstacles they see coming in the industry and the win’s they’ve had this year.  Here are some of the things you can look forward to in this episode: What the current state of oil and gas is in Kentucky The Kentucky Oil and Gas Association’s priorities for the rest of the year The effect that oil and gas has on people’s quality of life Highlights:1:43 Ryan’s experience of working for the Kentucky Oil and Gas Association3:02 What oil and gas is like in the state of Kentucky3:55 The growth of the oil and gas industry in Kentucky7:12 How the pandemic has affected oil and gas activity in the state12:49 Their plans for moving meetings virtual14:03 Wins they’ve had this year16:59 The association’s priorities for the rest of the year19:03 Obstacles they see coming up in the industry24:45 How the oil and gas industry is important to the quality of life we have   About Ryan Watts:Ryan Watts has served as the executive director for the Kentucky Oil and Gas Association (KOGA) since September 2017. KOGA represents and advocates for the interests of Kentucky's crude oil & natural gas industry with a focus on the independent crude oil & natural gas operators. Watts began his career as the press secretary for Lt. Governor Steve Pence. Watts also served as executive director of the Office of Public Affairs for the Kentucky Transportation Cabinet (KYTC). In that capacity, Watts directed all communications and served as chief spokesman for the 4,400 employee agency, which is responsible for maintaining and preserving a vast infrastructure network across Kentucky. Ryan has served as the president of the Good Shepherd Catholic School Advisory Council for two years. Watts also earned his Eagle Scout Award and currently serves as an executive committee board member of the Bluegrass Council for the Boy Scouts of America. Watts, originally from Bardstown, is a graduate of the University of Kentucky with degrees in political science and mathematics. He lives in Frankfort with his wife, Ashli, and two children. Connect with Ryan:Kentucky Oil and Gas Association | Twitter | Facebook   About Maverick Bentley:Mr. Bentley joined Diversified in July of 2018 through its acquisition of EQT. He has 35 years in gas and oil operations, in both upstream and midstream. He is highly experienced in midstream operations, compression and well productivity. He is also an executive board member of the Kentucky Oil and Gas Association. Connect with Maverick:Kentucky Oil and Gas Association About SherWare, Inc.If you’re enjoying this episode, please subscribe to our podcast and share with a friend! We also love ratings and reviews on Apple podcasts.   SherWare creates software to simplify your accounting needs so you have more time to do the things that matter. We serve independent oil and gas operators, accountants and investors with a platform to manage their distributions and joint-interest billings on a platform -- and we’re the only software on the market that can integrate with your QuickBooks company. Click here to watch a demo of the software in action right now.

This week we’re bringing on someone from the Colorado Oil & Gas Association to talk about the state of the industry in Colorado. In this episode, Phil is joined by the President and CEO of the Colorado Oil & Gas Association, Dan Haley. Dan and Phil talk about the Senate Bill 19-181 bill that was passed in 2019 and what it means for them. Dan expresses the need of voting and getting involved as someone who is in the oil and gas industry to make your voice heard. He also talks about how the pandemic has affected the industry in Colorado and what the Colorado molecule is.  Here are some of the things you can look forward to in this episode: What you need to know about Senate Bill 19-181 Why you need to vote and make your voice heard How the pandemic has affected the oil and gas industry in Colorado Highlights:2:23 The key provisions for the Senate Bill 19-1816:17 Who the commission is made up of 9:20 Why they want to see the bill implemented 12:24 Why you can’t just ignore politics12:51 How COVID-19 has affected the industry in Colorado15:54 What the Colorado molecule is22:24 His thoughts on oil and gas and why you need to get involved About Seth Whitehead:Mr. Dan Haley serves as President & Chief Executive Officer of the Colorado Oil & Gas Association. As President, Mr. Haley is responsible for leading the industry in Colorado legislative, regulatory, and public relations matters. Previously, he was Vice President of Communications, Development and Strategy at EIS Solutions, a public affairs firm where he served as a consultant for numerous corporate and political clients, including oil and gas interests. Prior to that, Mr. Haley spent more than 20 years in the communications field, including 13 years at The Denver Post, where he was the Editorial Page Editor. He also was Director of Corporate Communications for CoBank, a $100 billion bank headquartered in Denver. A Colorado native, Mr. Haley has a bachelor’s degree in Journalism from the University of Wyoming and sits on the Advisory Council to the USO Denver as well as the Colorado Advisory Committee for the U.S. Global Leadership Coalition. Connect with Dan:Colorado Oil and Gas Association    About SherWare, Inc. If you’re enjoying this episode, please subscribe to our podcast and share with a friend! We also love ratings and reviews on Apple podcasts. SherWare creates software to simplify your accounting needs so you have more time to do the things that matter. We serve independent oil and gas operators, accountants and investors with a platform to manage their distributions and joint-interest billings on a platform -- and we’re the only software on the market that can integrate with your QuickBooks company. Click here to watch a demo of the software in action right now.

We’re continuing our series of conversations with different state oil and gas associations. In this episode, Phil is joined by Seth Whitehead of the Illinois Oil and Gas Association and Illinois Petroleum Resources Board to talk about the industry in the state of Illinois, what they do to improve the industry within their state and what type of education they provide. He shares the biggest obstacles they’re facing as an industry in Illinois, their top 3 priorities going forward and how the state is made up of small independent producers rather than large corporations. Here are some of the things you can look forward to in this episode: How we can work together to shift how people view oil and gas as an industry How the Illinois oil and gas industry is made up of small independent producers The top 3 priorities for the Illinois Oil and Gas Association Highlights: 1:32 How Seth got involved in the oil and gas industry 2:46 The mission of the Illinois Petroleum Resources Board 3:54 What type of adult education they provide about the oil and gas industry 5:36 Seth’s advice about changing the way people see the industry 7:13 His transition to working for the Illinois Oil and Gas Association 10:23 The biggest obstacles of the oil and gas industry in Illinois 11:27 How has COVID-19 affected the industry 14:09 Their top focuses for the association  15:50 The current state of oil and gas in the state of Illinois About Seth Whitehead:I am currently the interim operations administrator for the Illinois Oil & Gas Association and the executive director of the Illinois Petroleum Resources Board (IPRB). IPRB is an education and outreach program that is voluntarily funded by Illinois oil producers and royalty owners. I was previously Team Lead for the Energy In Depth program from 2016-2018. I am a graduate of Southern Illinois University-Carbondale and am married with five kids. Connect with Seth: Illinois Petroleum Resources Board | Illinois Oil and Gas Association | IPRB Twitter | IPRB Facebook About SherWare, Inc. If you’re enjoying this episode, please subscribe to our podcast and share with a friend! We also love ratings and reviews on Apple podcasts. SherWare creates software to simplify your accounting needs so you have more time to do the things that matter. We serve independent oil and gas operators, accountants and investors with a platform to manage their distributions and joint-interest billings on a platform -- and we’re the only software on the market that can integrate with your QuickBooks company. Click here to watch a demo of the software in action right now.

We’re still here, despite the fear-mongering that the media attempts to bring to the public, despite oil prices hitting record lows. This pandemic has brought a double whammy to the oil and gas industry but it will indeed recover. In this episode, Phil shares why traditional energy sources will never become obsolete and why it's superior to misnamed, “renewable energy sources”. He shares a few interesting articles about the prospects of the oil and gas industry and how it will recover.    Here are some of the things you can look forward to in this episode:   Why we’re still here How oil has surged over 80% as demand has returned Why the misnamed “renewable energy sources” won’t replace traditional energy sources   Highlights: 1:25 How this pandemic has been a double whammy for the oil and gas industry 2:01 How not everything going on right now is doom and gloom 5:22 Why the world cannot work without oil 9:55 How Amazon is a huge partner in the oil and gas industry 11:16 Current conversations about replacing traditional energy sources with renewable energy sources 14:19 One of Phil’s favorite books over the past few years 16:02 An acronym for fear that the oil and gas industry leans on   Links: Factfulness: Ten Reasons We're Wrong About the World--and Why Things Are Better Than You Think   About SherWare, Inc. If you’re enjoying this episode, please subscribe to our podcast and share with a friend! We also love ratings and reviews on Apple podcasts.   SherWare creates software to simplify your accounting needs so you have more time to do the things that matter. We serve independent oil and gas operators, accountants and investors with a platform to manage their distributions and joint-interest billings on a platform -- and we’re the only software on the market that can integrate with your QuickBooks company. Click here to watch a demo of the software in action right now.

Being a part of the oil and gas industry affords you with many opportunities and the ability to be a part of an industry that is constantly evolving. In this episode, Phil is joined by Brad Gray, COO of Diversified Gas & Oil to talk about his experience of being with the company and helping it grow from a couple thousand producing wells to over 18,000+ producing wells. He shares his advice for being in the oil and gas industry and his predictions for how the company will continue to grow.  Here are some of the things you can look forward to in this episode: How Brad’s seen the company grow over the past four years What the term “smarter well management” is (and why you should know about it) Advice for being apart of the oil and gas industry Highlights: 2:33 Brad’s experience of joining Diversified Gas & Oil  5:06 The growth he’s seen at the company since coming on in 2016 8:03 What “smarter well management” means to them 10:07 Their experience of utilizing remote monitoring for their wells 11:13 What they see for the future of their conventional and unconventional wells 12:53 What he predicts for the future growth of the company 14:36 His advice on the oil and gas industry About Brad Gray: Prior to joining the Company in October 2016, Mr. Gray held the position of Senior Vice President and Chief Financial Officer for Royal Cup, Inc., a United States based commercial coffee roaster and wholesale distributor of tea and other beverage related products. Prior to Royal Cup, Inc., from 2006 to 2014, Brad worked in the petroleum distribution industry for The McPherson Companies, Inc. and held the position of Executive Vice President and Chief Financial Officer. Before McPherson Companies, he worked for over a decade in various financial and operational roles with the previously listed NYSE retail group, Saks Incorporated. Brad received a Bachelors of Science degree in Accounting from the University of Alabama and earned his CPA license (Alabama). Connect with Brad:LinkedIn About SherWare, Inc. If you’re enjoying this episode, please subscribe to our podcast and share with a friend! We also love ratings and reviews on Apple podcasts. SherWare creates software to simplify your accounting needs so you have more time to do the things that matter. We serve independent oil and gas operators, accountants and investors with a platform to manage their distributions and joint-interest billings on a platform -- and we’re the only software on the market that can integrate with your QuickBooks company. Click here to watch a demo of the software in action right now.

With everything that’s currently going on in the world, there’s a lot of fear, panic and uncertainty. In the oil and gas industry, we’ve seen oil prices dip into the negatives and many companies are unsure of what will happen next. But what can we do to help eliminate the spirit of fear? In this episode, Phil talks about three practices that can help you deal with uncertainty. He clarifies the three things that cause fear and shares an exercise you can use to overcome fears that come your way. We’ve been through it before, and we’ll probably go through it again but just remember: We’re still here.    Here are some of the things you can look forward to in this episode: The three practices that can help you deal with uncertainty The three things that cause you to fear An exercise you can do to overcome fears   Highlights: 2:12 Three practices that can help you deal with fear and uncertainty 2:56 Adopting the role model mindset 4:41 Why you should check in with the news and social media multiple times a day 6:44 Choose how much you’re going to check in and sticking to that 8:28 Why you should choose to act instead of react 8:39 How you can describe your reality without complaints 10:25 Why you need more self-evaluation to develop self-awareness 11:39 Learning to understand and tap into why your fear is showing up 14:16 Giving more emotional energy to the other side of fear 17:58 Why people are terrified of the hardships 22:48 How you’re a role model in your community and your home 24:05 An exercise for overcoming fears   About SherWare, Inc. If you’re enjoying this episode, please subscribe to our podcast and share with a friend! We also love ratings and reviews on Apple podcasts. SherWare creates software to simplify your accounting needs so you have more time to do the things that matter. We serve independent oil and gas operators, accountants and investors with a platform to manage their distributions and joint-interest billings on a platform -- and we’re the only software on the market that can integrate with your QuickBooks company. Click here to watch a demo of the software in action right now.

Today you’ll get to hear from the entire SherWare, Inc. team on their thoughts as we wrap up the year. We chat about the big wins that we’ve had in 2019, including our two new hires, Eric and Aubin. You’ll hear about new updates coming to the SherWare software, how we reached record sales this year and what we’re grateful for. We also look ahead to 2020 and discuss what we have planned for the new year, including the release of Well Profits to the public and our plans for putting together a one-day training event in a city near you, and releasing an integration with QuickBooks Online.   Here are some of the things you can look forward to in this episode: Big wins that SherWare, Inc. had in 2019 A teaser about a new update coming to the software What everyone on the SherWare, Inc. team is grateful for this year   Highlights: 2:01 Some of the big wins of SherWare, Inc. in 2019 2:14 Eric’s experience with being apart of the SherWare, Inc. team 3:05 What Abin’s experience has been like since joining SherWare, Inc.  3:38 Anthony’s experience in going to the programming conference and applying that to SherWare, Inc. 4:19 Visiting conferences with Phil and getting to know current clients 5:26 Getting record sales this year and how the team worked together to make it happen 6:48 A new update coming to SherWare software  8:55 The one-day training events that SherWare, Inc. will be putting on in 2020 9:44 News about SherWare Inc. integrating with Quickbooks Online 10:01 Hitting the road in 2020 and what tradeshows they plan to attend 11:15 Rolling out Well Profits to the public in 2020  13:17 What the SherWare, Inc. team is grateful for in 2019   Links Mentioned SherWare Inc. Wish List   About SherWare, Inc. If you’re enjoying this episode, please subscribe to our podcast and share with a friend! We also love ratings and reviews on Apple podcasts.   SherWare creates software to simplify your accounting needs so you have more time to do the things that matter. We serve independent oil and gas operators, accountants and investors with a platform to manage their distributions and joint-interest billings on a platform -- and we’re the only software on the market that can integrate with your QuickBooks company. Click here to watch a demo of the software in action right now.

Today on the podcast, Phil interviews three professionals in the oil and gas industry to discuss their experiences of using SherWare, Inc. He chats with each guest one-on-one to hear how they found SherWare, Inc., what they like most about the software, their advice for someone considering making a switch and more. You’ll get to hear from seasoned professionals with many decades of experience in the oil and gas industry about how this software could help to improve your reporting, data, efficiency and save you many hours each month.  Here are some of the things you can look forward to in this episode: Three interviews with people from the oil and gas industry on their experience using SherWare, Inc.  Why these SherWare, Inc. customers rave about the software Differences that SherWare, Inc. customers have seen from this software vs. competitors’ software   Highlights: 2:57 John’s experience of selling Alliance Petroleum Corporation and not being ready to leave the oil and gas industry 3:30 Looking for a software for his new company and stumbling upon SherWare, Inc. 4:32 How much time the software has saved John and what he uses it for 7:37 John’s advice for someone in oil and gas looking for software to use for their business 8:39 Cheryl’s position within Buckeye Oil Producing Company 8:52 Why she was searching for a new platform for her distributions 9:53 The biggest differences that they’ve had since using SherWare, Inc.  11:24 Why Cheryl loves the ease of use with the software 11:59 What Robert does as the founder of BoCor Holdings, LLC 13:01 Why Robert decided to use SherWare, Inc. over its competitors 14:17 Robert’s experience with using SherWare, Inc.  15:14 How SherWare, Inc. has evolved its software to fit client’s wants and needs 16:10 The simplicity of the auditing data and reports  17:34 His advice for someone choosing an oil and gas software   About Robert: Robert Hutcheson received his Bachelor’s degree in Business Administration from the John Carroll University in 1990. Upon completion of his undergraduate studies, Robert spent two years with Canton Oil Well Service, Inc. from 1990 to 1992. In 1992, Robert furthered his business studies at the Ohio State University and graduated with his Master’s in Business Administration in 1994. From 1994 through 2000, Robert worked for Accenture (aka Andersen Consulting). Robert returned to Canton Oil Well in 2000 in a consulting capacity. In 2001, Robert became one of the original Members of the newly incorporated entity, BoCor Holdings, L.L.C. Robert’s primary role within BoCor is to manage all administrative aspects of the business, including accounting, finance, legal, and marketing. Connect with Robert: Website About Cheryl: Cheryl Becker is the office manager for Buckeye Oil Producing Company and has worked for the company for 32 years.  Connect with Cheryl: Website About John: John Miller has over 40 years of experience in the oil and gas industry. He is the former president and CEO of Alliance Petroleum Corporation. After selling that company, he wasn’t ready to get out of the business and with two partners, formed AIM Energy, LLC.  About SherWare, Inc. If you’re enjoying this episode, please subscribe to our podcast and share with a friend! We also love ratings and reviews on Apple podcasts.   SherWare creates software to simplify your accounting needs so you have more time to do the things that matter. We serve independent oil and gas operators, accountants and investors with a platform to manage their distributions and joint-interest billings on a platform -- and we’re the only software on the market that can integrate with your QuickBooks company. Click here to watch a demo of the software in action right now.

In Oklahoma there’s a club connecting people from upstream, midstream and downstream communities. On this episode, Eric Werdin, director of Sales at SherWare, Inc. interviews Clay Scott, founder and the current president of the Pipeliner’s Club of Oklahoma City (PCOC) about how they’ve built an organization that connects all facets of the oil and gas community.   The PCOC was created to help bridge the gap between upstream, midstream and downstream energy communities for the mutual benefit of members and the oil and gas industry. Clay shares what the PCOC is and what services they provide for members. He also dives into their scholarship program and how it has grown over the years.    Here are some of the things you can look forward to in this episode:   How the Pipeliner’s Club of Oklahoma City provides members with networking, education and community Scholarship initiatives and growth of the PCOC Events that help to fund their programs and offerings   Highlights: 2:40 What the Pipeliner’s Club of Oklahoma City is 4:58 The services that the PCOC provide 6:10 Their scholarship program that they offer and the history of it 7:30 Events that are coming up for the PCOC 9:21 How to join the PCOC   About Clay Scott: Clay Scott has spent his entire 33-year professional career in the energy industry with experience in the electrical utility, midstream and E&P sectors. He currently serves as Enable Midstream Partners’ Senior Director of Engineering and Construction Support, where he has worked the past four years. At Enable, Clay has responsibility for Design Engineering, Drafting and Design, GIS and Project Controls.   A registered professional engineer in the state of Oklahoma, Clay was a founding member of the Pipeliners Club of Oklahoma City where he currently serves as president. Clay earned his master’s degree in business administration from Oklahoma City University and his undergraduate degree in electrical engineering from Oklahoma State University.   Connect with Clay: Website | LinkedIn | Twitter | clay.scott@enabledmidstream.com   About SherWare, Inc. If you’re enjoying this episode, please subscribe to our podcast and share with a friend! We also love ratings and reviews on Apple podcasts.   SherWare creates software to simplify your accounting needs so you have more time to do the things that matter. We serve independent oil and gas operators, accountants and investors with a platform to manage their distributions and joint-interest billings on a platform -- and we’re the only software on the market that can integrate with your QuickBooks company. Click here to watch a demo of the software in action right now.

How do you best set up your oil and gas business for financial success? What about if you want to avoid a personal guarantee loan or are unsure of how to navigate the challenges that come with financing drilling and producing wells?  This week’s podcast guest is Milan Simic, a Strategic Solutions Advisor for a CPA firm who has many years of experience in the oil and gas industry. He shares how he first got into the oil and gas industry and the different positions he’s held over the course of his career. Milan and Phil chat about networking, the financial challenges of small oil and gas operators and strategies for those who want to avoid a personal guarantee loan.  If you want to hear the in’s and out’s of cash management and finances in the oil and gas industry, you’ll want to take a listen to this episode.    Here are some of the things you can look forward to in this episode: How Milan ended up working in oil and gas His experiences of working for several oil and gas companies Why you need to network in any industry - but especially oil and gas Financial challenges and strategies for oil and gas operators   Highlights: 2:48 How Milan initially got started in the oil and gas industry 5:05 Playing basketball while in college and deciding to take a different career path 6:27 Milan’s memories of working for Halliburton and traveling for the job 8:14 Transitioning to working as the President for an Enron family office 10:39 Mentors that made an impact on Milan’s careers 11:48 Why networking is crucial in any industry 13:28 What he does in his position at Adams, Brown, Beran & Ball, Chtd. 17:03 The financial challenges of small oil and gas operators 18:41 How they help those going through a growth process 21:14 Cash management strategies for operators 25:55 Strategies for avoiding a personal guarantee lender 28:03 Milan’s advice for oil and gas operators   About Milan Simic: In 2001, Simic graduated from Stephen F. Austin State University with a bachelor’s degree in finance and accounting. He spent five years as an internal auditor at a large oilfield service company and two and a half years as a business risk services consultant with a Big Four accounting firm. Before joining the firm, Milan served as the president of a family office operation. In this role, he was responsible for growing the business, including overseeing seventeen different oil and gas project acquisitions which ranked the family office in the top 300 operators in Texas. Simic lives in Hoisington with his wife Sarah and their three daughters, Sofia, Mila, and Ana.   Connect with Milan: LinkedIn | Call or text: 281-799-4315   About SherWare, Inc. If you’re enjoying this episode, please subscribe to our podcast and share with a friend! We also love ratings and reviews on Apple podcasts.   SherWare creates software to simplify your accounting needs so you have more time to do the things that matter. We serve independent oil and gas operators, accountants and investors with a platform to manage their distributions and joint-interest billings on a platform -- and we’re the only software on the market that can integrate with your QuickBooks company. Click here to watch a demo of the software in action right now.

It comes as no surprise that many people aren’t aware of what the oil and gas industry actually does for our communities. Today Eric Werdin of SherWare sits down with Mindy Stitt, Executive Director of the Oklahoma Energy Resources Board (OERB). They discuss the education initiatives of the OERB and what they do to educate people of all ages about the oil and gas industry. She shares how she got started with OERB, what efforts they use to generate public attention and what they do with the Oklahoma Oil & Gas Expo.    Here are some of the things you can look forward to in this episode: What SOER is and what they do for the oil and gas industry What the OERB does to educate people about oil and gas How the OERB gains awareness from the public about their mission What you can expect at the Oklahoma Oil & Gas Expo   Highlights: 2:21 What SOER is and what the organization does 3:43 What she does now with OERB and what they offer 5:29 The typical person that comes to their workshops 6:28 How the OERB got started 9:53 The education programs that OERB offers 12:28 What public awareness efforts OERB uses to reach the general public 15:48 The impact of oil and gas across the nation 16:03 What the Oklahoma Oil & Gas Expo does   About Mindy Stitt: Mindy Stitt is the Executive Director of the Oklahoma Energy Resources Board (OERB). Prior to that position, she was Assistant Director, overseeing OERB’s statewide student education programs. Mindy became one of the first employees of the OERB when she joined the organization in 1994. She was previously employed by Brown and Borelli, Inc., an independent oil and natural gas company.   Mindy attended Southwestern Oklahoma State University, majoring in elementary education.   Her efforts in the area of energy education awarded her the Governor’s Commendation for Public Service in 1998. In 2006, Mindy was honored by The Journal Record as one of the top 50 women making a difference in the State of Oklahoma.   She is a member of the Jasmine Moran Children’s Museum Board of Directors and is active in the OKC Area Salvation Army.   Connect with Mindy: OERB | SOER | Oklahoma Oil & Gas Expo   About SherWare, Inc. If you’re enjoying this episode, please subscribe to our podcast and share with a friend! We also love ratings and reviews on Apple podcasts.   SherWare creates software to simplify your accounting needs so you have more time to do the things that matter. We serve independent oil and gas operators, accountants and investors with a platform to manage their distributions and joint-interest billings on a platform -- and we’re the only software on the market that can integrate with your QuickBooks company. Click here to watch a demo of the software in action right now.

Software geek alert! Today’s interview is with Chuck Prickett, an employee with Associated Systems with over 40 years of experience in the oil and gas industry. Phil and Chuck chat about his career at Associated Systems and the work he’s done with GOALS, an accounting software developed by him and a few other software developers for Associated Systems. They discuss how GOALS has evolved over the years, how clients have helped improve the software and his memories of building relationships with his customers throughout his career.   Here are some of the things you can look forward to in this episode:   Chuck’s experience of working for Associated Systems Developing the software for GOALS His favorite memories of customers and the relationships he’s built with them Why Chuck is retiring from his work after 40+ years   Highlights: 2:30 How Chuck got started working at Associated Systems 6:02 How the GOALS software has evolved over time 9:28 Doing onsite installations 10:18 Transitioning clients from IBM Systems to PC 11:44 Working on the GOALS side by himself since the ’90s 13:52 How customer updates help them to make changes to the software 17:23 Building relationships with customers over the last 20-30 years 20:21 What Chuck wants to do post-retirement 21:20 The bad side of getting to know your customers    About Chuck Prickett: Chuck Prickett has worked at Associated Systems since 1978. He was one of the original software developers of the oil and gas accounting system named "GOALS", and has continued to support GOALS clients since the beginning. He will be retiring at the end of 2019 and is slowly phasing out of his client support work.   Associated Systems, Inc., located in Wichita, Kansas, was founded in 1974 as a software consulting and development enterprise and has a long history of successes. One of those being the longevity of its customer base and its employees. Over the years, ASI has installed over 450 systems nationwide in its vertical markets.   ASI began with its first Oil & Gas customer in 1974, and they remain a customer to this day. The original system was designed and developed for the IBM System 32, and as Systems 34, 36 and AS/400 were introduced, ASI’s software products evolved to take advantage of the increased features and abilities of those systems. With the advent of the PC, the software was re-written and was made accessible and affordable for operations of all sizes. It was named “GOALS” for Gas, Oil And Land Systems and it revolutionized the way the smaller producer managed his business.   Connect with Chuck: LinkedIn | Associated Systems   About SherWare, Inc. If you’re enjoying this episode, please subscribe to our podcast and share with a friend! We also love ratings and reviews on Apple podcasts.   SherWare creates software to simplify your accounting needs so you have more time to do the things that matter. We serve independent oil and gas operators, accountants and investors with a platform to manage their distributions and joint-interest billings on a platform -- and we’re the only software on the market that can integrate with your QuickBooks company. Click here to watch a demo of the software in action right now.

Have you ever had a conversation with someone about the earth and their opinion on global warming? Chances are, you probably have. On this episode, Phil sat down with Gregory Wrightstone, author and creator of Inconvenient Facts, an app and book that helps to disprove a lot of the myths that we hear about our planet and global warming. He shares what we’re not being told and how numbers are manipulated with global warming statistics. He opens up about his hopes for how his book and app will empower those working in the oil and gas industry.    Here are some of the things you can look forward to in this episode:   What Gregory’s goal was for his app, Inconvenient Facts How getting banned from the app store helped with book sales How the app will help users, specifically those in oil and gas How data gets cherry-picked and blown up to look alarming   Highlights: 1:17 The release of his app, Inconvenient Facts 2:46 How the app getting banned fueled book sales 5:50 Building his business without paid advertising 6:34 What Gregory hopes his app will do for users 6:47 The effect that CO2 has on warming 9:16 What we’re not being told about the earth 12:43 Not being told the whole story about what’s going on 13:18 The correlation between temperature and civilization 14:38 How numbers are manipulated with global warming statistics 16:56 How those in oil and gas can help disprove myths   About Gregory Wrightstone: Gregory Wrightstone is a geologist who has been investigating the Earth’s processes for more than 35 years. He received a BS and MS in geology from Waynesburg University & WVU, respectively. Gregory’s debut book Inconvenient Facts – the science that Al Gore doesn’t want you to know has received glowing reviews and has shot up the sales charts, reaching as high as #13 on Amazon best-seller list and #1 in the Environmental Field.   Greg was driven to write this book after a search for climate truth revealed that many of the supposed climate-related predicted catastrophic events were not occurring and that the most likely primary cause of our current climate change is those same forces that have been operating for many millions of years.   His science-based view of ecosystems and humanity prospering due in part to rising temperatures and increasing CO2 has led to multiple radio and TV appearances including Tucker Carlson and Fox & Friends. Gregory is a strong proponent of the scientific process and believes that climate policies should be driven by science and facts, not by a political agenda.   Connect with Gregory: Website | Facebook | Twitter | YouTube   Quotes: "The app is a powerful tool to give you the 60 inconvenient facts in the palm of your hand." - Gregory Wrightstone   "It's exactly the opposite of what we're being told is what we're actually seeing in science with the facts and data." - Gregory Wrightstone   "I want to empower people with these inconvenient facts that dispute the notion of man made catastrophic warming." - Gregory Wrightstone   "We see a strong correlation between the rise and fall of temperatures and the rise and fall of civilizations." - Gregory Wrightstone   "They want to cherry-pick data and blow it up to make it look alarming." - Gregory Wrightstone   About SherWare, Inc. If you’re enjoying this episode, please subscribe to our podcast and share with a friend! We also love ratings and reviews on Apple podcasts.   SherWare creates software to simplify your accounting needs so you have more time to do the things that matter. We serve independent oil and gas operators, accountants and investors with a platform to manage their distributions and joint-interest billings on a platform -- and we’re the only software on the market that can integrate with your QuickBooks company. Click here to watch a demo of the software in action right now.

How do conventional wells look in Kansas right now, what issues are they lobbying for across the state and what’s on the horizon? Today Phil is chatting with Ed Cross, President of the Kansas Independent Oil & Gas Association (KIOGA) about how he got into the oil and gas industry and how he ended up working for KIOGA. You’ll hear about the state and federal issues that they’re fighting for and what has been going on in Kansas in the oil and gas industry. Ed shares what he’s most excited about and the importance of educating others on the importance of oil and gas.    Here are some of the things you can look forward to in this episode:   How Ed got into the oil and gas industry An overview of what Ed does at KIOGA The statewide and federal issues that they’re lobbying for What Ed is most excited about for the future of oil and gas   Highlights: 2:48 How Ed got into the oil and gas industry 3:21 What Ed does as the President of the association 3:59 What is happening in KIOGA and the oil and gas industry currently 4:58 What they’re fighting for at the state level 5:40 The issues they deal with on the federal level 7:20 The outlook of conventional wells moving forward in Kansas 9:13 Production in Kansas dropping due to financial issues in 2014 10:05 Adjusting technology to be used in Kansas 10:30 What KIOGA will be advocating for in the upcoming months 12:30 What Ed is most excited about for the future of the oil and gas industry   About KIOGA: Founded in 1937, the Kansas Independent Oil & Gas Association (KIOGA) is a nonprofit member organization representing independent oil and natural gas producers in Kansas, as well as allied service and supply companies. The purpose of KIOGA as stated in the original articles of incorporation, is “. . . to improve the market for oil and gas produced in Kansas and to promote the welfare of the oil and gas industry in the State of Kansas.”   Independent oil and natural gas producers are nonintegrated companies which receive nearly all their revenue from production at the wellhead. Independents are in the oil and natural gas exploration and production business and are not major integrated companies who also refine and market petroleum end-products. Independents account for 93% of the oil and 63% of the natural gas produced in Kansas. Nationally, independents drill 90% of domestic oil and natural gas wells and produce over 80% of America’s oil and natural gas.   With over 4,200 members, KIOGA is the lead state and national advocate for Kansas independent oil and natural gas producers. We are committed to ensuring that tomorrow’s energy policy will be one in which our members grow and prosper. Our active presence before the Kansas Legislature, U.S. Congress, state and federal regulatory agencies, and other governmental decision-makers means the concerns of Kansas independent oil and natural gas producers are heard in Topeka and Washington.   Links: KIOGA     Head over to our website to set up a free account with SherWare software. Please make sure to subscribe and leave a rating and review on Apple podcasts.

It’s hard to believe that it has been 25 years since SherWare first started. On today’s episode of the podcast, you’ll hear from the employees of SherWare on what it is that they do with the company, how it’s evolved over the years and the most memorable experiences they have about working for SherWare. They share the biggest changes they’ve noticed and how they transitioned from working in an office to working from home. Phil chats with each team member to get their take on the business and how they feel about working for the company.     Here are some of the things you can look forward to in this episode:   Interviews with the developer and support team for SherWare How technological advances have changed how SherWare supports clients Transitioning from having a central office to a fully remote team An interview with Phil’s kids, Mallory and John about their experience with SherWare How SherWare’s newest employee, Eric feels about the company   Highlights: 2:05 What Anthony and Austin do at SherWare 3:36 The biggest changes that employees have seen at the company 5:52 How technological advances have helped with customer support 6:57 The most memorable experiences they have with SherWare 9:11 Building relationships with clients 14:01 Being able to provide updates to their software online 15:32 Their move from a central office to a remote office 18:10 Hiring for a remote team 19:38 Brining on their first salesperson after 25 years in the business 23:24 What Mallory and John do at SherWare 26:07 Their perspective on SherWare while growing up 28:20 How Mallory started working at SherWare 28:58 What made John decide to work for SherWare 32:47 How they’ve felt about working for SherWare 36:10 What John does after moving on from SherWare 37:21 What Mallory does outside of working with her dad’s company 41:52 What Eric does in the sales department of the business 43:42 The thing that surprised Eric the most about SherWare 45:34 What Eric noticed about their sales process   Links: Sherwood Woodcraft Sherwood Woodcraft Instagram Marketing Magic Podcast   Head over to our website to set up a free account with SherWare software. Please make sure to subscribe and leave a rating and review on Apple podcasts.

On today’s episode of the podcast, Phil is joined by his friend and business mentor, Robert “Butch” Rogers. Butch is a CPA who has his own accounting business and also works as a consultant for other CPA’s and producers in the oil and gas industry and as a contract CFO for a few oil and gas companies. Phil and Butch share how they got to know one another, how they both ended up living in Ohio and how Phil got started with his business, SherWare software 25 years ago. They chat about how Butch helped Phil with accounting items to include in his software and how SherWare software continually evolves according to the customers’ needs.    Here are some of the things you can look forward to in this episode:   How Phil and Butch met each other Why Butch left Texas and started his own CPA business How Butch convinced Phil to move to Ohio The story of how Phil started SherWare and how Butch mentored him How SherWare has grown and evolved with the help of its customers   Highlights: 3:35 How Phil and Butch got to know each other 4:07 Leaving Texas and starting his own CPA business 5:37 Finding his niche as a CPA 7:38 Butch noticing that oil and gas clients didn’t have great accounting software 9:06 How Butch helped Phil with writing the SherWare software 11:50 Phil figuring out that he needed to focus on oil and gas 13:40 How SherWare has grown organically and been tailored to customers  16:10 The ease of reporting that comes with SherWare 19:56 What smaller, independent producers are currently facing in the oil and gas industry 24:01 Working as a contract CFO and a consultant for other CPA’s and smaller producers 25:11 What Butch’s accounting firm will be doing next 26:33 How the numbers tell a story in accounting   About Robert Rogers: Robert “Butch” Rogers is a Certified Public Accountant with a Master’s Degree in Taxation from Texas Tech University. He is a CPA in Wooster, Ohio and is a partner in the CPA firm Rogers Accounting Solutions, Inc.    Butch has over 35 years of experience working in and with clients in the oil and gas industry. As a college student, he worked as a roustabout in West Texas. Upon graduating from college he worked for Gulf Oil as a business administration trainee, working in the Midland, Texas district office and the Monahans, Texas field office. He gained valuable oil and gas tax experience working with Coopers and Lybrand in Lubbock, Texas. During his time as a practicing CPA, Butch served a number of small independent producers as a trusted tax and business advisor.    His speaking experience includes conducting continuing education seminars and webinars for various state societies of CPAs, Ohio Oil and Gas Association, COPAS, and Bisk Education.    Connect with Robert: LinkedIn | butchrogerscpa@gmail.com   Link to Websites: Head over to our website to set up a free account with SherWare software. Please make sure to subscribe and leave a rating and review on Apple podcasts.

On today’s episode of the podcast, Eric Werdin, SherWare’s sales director, discusses the oil and gas industry in Kentucky with two leaders from the Kentucky Oil and Gas Association (KOGA), Ryan Watts, Executive Director, and Mark Hughes, President. They chat about the history of KOGA, the founding members of the organization and what KOGA does for the community in Kentucky. They also discuss the current state of oil and gas in Kentucky and their predictions on the future of the industry.   Here are some of the things you can look forward to in this episode:   What Ryan and Mark do in their roles at KOGA How KOGA initially got started What KOGA does for the community and economy What will happen with the future of oil and gas in Kentucky   Highlights: 2:20 What Ryan and Mark do at KOGA 3:46 The history of oil and gas in Kentucky 6:09 The first well that was drilled in Kentucky 7:42 Who contributed to starting KOGA 9:15 The services that KOGA provides to the community 10:51 The current state and the future of oil and gas in Kentucky  13:07 The operators’ current concerns 17:15 The perception of oil and gas   Connect with KOGA: Kentucky Oil & Gas Association | LinkedIn | Facebook   The Kentucky Oil & Gas Association was formed in 1931 to represent the interests of Kentucky’s crude oil and natural gas industry, and more particularly, the independent crude oil and natural gas operators. Our goals include promoting, protecting and advancing the interests of the oil and gas industry; opposing any unfair and unjust legislation which may adversely affect the oil and gas industry; and, disseminating reliable publicity to further and protect the oil and gas industry. The Kentucky Oil & Gas Association is dedicated to the responsible production and conservation of Kentucky’s natural resources, while ensuring that its members are provided fair regulations, are educated on oil and gas issues, while protecting individual property rights, health, safety, and the environment. Link to Websites: Head over to our website to set up a free account with SherWare software. Please make sure to subscribe and leave a rating and review on Apple podcasts.

Today on the podcast, Phil chats with Mark LaCour, a former market researcher who now produces some of the top podcasts in oil and gas. They chat about how he got started with the first podcast and how this led him and his team to create a number of other podcasts about the oil and gas industry. He shares what he has learned from the younger generation in the workforce about learning and networking. Mark also discusses a new AI technology he is developing to make recruiting the right employees for oil and gas much easier.   Here are some of the things you can look forward to in this episode:   What happened that led Mark to the oil and gas industry His first company and how it has changed Why he started the very first podcast How his podcast network has grown since the initial launch   Highlights: 2:05 How Mark got started in oil and gas 4:57 Why the different sectors of the industry are so compartmentalized 6:39 The root of inefficiencies in the oil and gas industry 7:44 What ModalPoint is 9:43 How he got started with the first podcast 11:47 The current podcasts he runs and upcoming podcasts 13:07 Why a small, niche podcast is better 13:42 The hardest part about running his podcasts 15:02 What the Oil & Gas Global Network is 16:21 What Mark speaks about to other businesses 17:53 Mark’s happy hour events and how the younger workforce learns and networks 21:52 A software that Mark is developing 24:04 Challenge for the industry to change the negative public perception   About Mark LaCour Mark has lived at the intersection of Oil and Gas and Technology for over 20 years. Later he started his own market research company and has a well-earned reputation as an industry “insider” and independent 3rd party researcher. This led to him becoming a part of the new media, where he has the top podcasts in the oil and gas industry. He is a sought after public speaker, author, sits on several oil & gas boards and has one of the top oil & gas presences in social media.   Connect with Mark: Facebook | LinkedIn | Twitter | ModalPoint | ModalPoint Facebook   Connect with Oil & Gas Global Network: Facebook | LinkedIn | Twitter   Oil & Gas Global Network podcasts: Oil and Gas This Week Podcast Oil & Gas Startups Podcast Oil and Gas Industry Leaders Podcast Red Wing’s Oil and Gas HSE Podcast Oil And Gas Legal Risk Podcast Oil & Gas Onshore Podcast   Link to Websites: Head over to our website to set up a free account with SherWare software. Please make sure to subscribe and leave a rating and review on Apple podcasts.

In this episode of the podcast, Phil sits down with a few vendors in the oil & gas industry while at the National American Petroleum Accounting Conference (NAPAC) in Dallas, TX. He chats with each vendor about the company that they work for and what products and services they offer for their clients. You will hear about different companies that help make running an oil and gas business a lot easier. If you have been looking to simplify your oil and gas business, then you will want to tune in and hear about these vendors offer.   Here are some of the things you can look forward to in this episode:   Discussions with professionals from various organizations about their company A chat with a company that bridges the gap between business and technology How one company helps to mitigate risks for their clients What goes into planning for NAPAC   Highlights: 2:20 What Eddye Dreyer Financial Services does 3:56 The consulting services offered through Eddye Dreyer 6:06 Transition processing 7:17 How Magnum Forge helps clients choose software and implement it 8:38 Partnering with software vendors 10:42 Bridging the gap between the business and technology 13:29 Business advocates with Stinnett Associates 15:20 Mitigating risks for clients 18:24 Taking care of the backend accounting with JC Data Services 21:58 Saving clients money by eliminating unnecessary steps 25:45 Helping clients with inventory management with B & L Pipeco 28:22 The products and services B & L Pipeco offers 32:16 Finding experienced oil & gas retirees to write courses 33:17 What continuing education looks like in oil and gas 36:36 Live action classes vs. web-based classes 38:02 Planning for the NAPAC Conference   About Companies: Eddye Dreyer Financial Services: Eddye Dreyer Financial Services was founded to provide specialized bookkeeping for the oil and gas industry. From our humble beginnings around a kitchen table to our current offices in Dallas and Houston, much has changed in nearly thirty years. One thing that hasn’t changed, however, is our commitment to providing accurate and reliable back office services. From joint interest billing and division orders to revenue distribution and regulatory filings, Eddye Dreyer is your partner for oil and gas bookkeeping.   Magnum Forge: Magnum Forge works exclusively with midsize to large independent exploration and production companies. We lead successful ERP selections and implementations every day with our expertise in the oil and gas industry’s software packages. Let us help you scope your needs and determine your organization’s readiness.   Stinnett Associates: Stinnett is a professional advisory firm that strives to maximize value for public and private companies. As a certified Women’s Business Enterprise, we serve Fortune 500 and Fortune 1000 companies and small-to-large size organizations with global operations.   JC Data Services: JC Data Solutions is a complete business solution partner. Our flat-rate maintenance plans are designed to optimize your network performance and reduce IT support costs, allowing you to focus on your bottom line, not your technology. JC Data Solutions has over 80 years of combined experience to serve the southern Utah area. Our promise to you…” We will provide you with the best technical services in the St. George area, utilizing experienced, highly trained staff and the best customer experience you have ever had from a technology solutions company. We will make it right or your money back”   B & L Pipeco: Consistently adhering to a customer-focused mindset and a profound sense of urgency, our customers can rely on B&L Pipeco Services to fulfill their needs 24/7/365. Our immediate response services are backed by our vast customer base of several large and small independent operators. This enables us to provide cost advantages through economies of scale and allows us to pool inventory for quick ramp up or dissolution of casing inventory. B&L Pipeco Services entails a network of products, including unrivaled mill sourcing for OCTG, vast selection of premium connections and tubular accessories, and state-of-the-art production storage tanks. Our logistics company, InCompass, is the fabric that ties all our products and services together. As a leader in the transportation industry, InCompass Logistics provides service, value, and solutions for all of our customers’ needs. We are not just another OCTG distributor. Our network of experts helps us constantly focus on how to take the pain away from our customers.   PDI: PDI’s world-renowned Energy division delivers top quality Continuing Professional Education to the energy business – training that is on target, on-site and on budget.  Each of our program authors/instructors is a “been there, done that” professional with outstanding industry knowledge coming from decades of industry experience. All instructors have the skills to communicate, at any level, the material your employees need to be more effective.   NAPAC: NAPAC brings petroleum industry professionals together for two days of intense and important educational sessions enhanced by lively, productive discussions. Each year, NAPAC features topical general sessions and detailed, track-based concurrent technical sessions, as well as annual reviews of important legislative updates. The conference provides access to outstanding industry experienced speakers from both the government and private sectors and informative exhibits from leading industry vendors. This perennial favorite, considered by many to be the premier oil and gas industry accounting conference, has been running for more than 40 years and remains a very highly regarded and well-attended event.   Connect with Companies: Eddye Dreyer Oil & Gas: Website | Contact   Magnum Forge: Website | rc@magnumforge.com   Stinett Associates: Website | Contact   JC Data Solutions: Website | Contact   B & L Pipeco: Website | Contact   PDI: Website | jhoffman@pdi.org | NAPAC Conference       Link to Websites: Head over to our website to set up a free account with SherWare software. Please make sure to subscribe and leave a rating and review on Apple podcasts.

Treating employees right and creating a positive work culture will save you thousands of dollars by simply retaining staff. Today on the podcast, Phil is joined by his friend and business coach, Scott Ballard, founder of the Confidence Coach. Scott shares why employers need to focus on employee retention and creating a workplace that people are excited about. He also discusses what he does as a business coach and shares the structure of some of his coaching programs.   Here are some of the things you can look forward to in this episode:   A rundown of what Scott does as a business coach Why employee retention is so important for your business How to create a positive work culture Scott’s advice about investing in your employees   Highlights: 1:44 Scott’s background and how he got into his business coaching 5:53 What coaching is from Scott’s perspective 8:55 Learning to leverage a team in your business 10:20 How coaching is similar to brain surgery 12:31 Ditching limiting beliefs 13:14 Retaining good employees and developing underperforming employees 18:20 Finding out what motivates employees internally 22:20 The cost of hiring new employees 25:38 Scott’s coaching programs 29:12 Creating a family-like culture at the workplace 33:50 The importance of investing in your payroll   About Scott Ballard: Scott Ballard is the founder of Confidence Coach LLC and is an author, speaker and coach for business owners with employees. He has 35 years of successful business ownership as his background. The last 10 years Scott has been coaching business owners on the strategies and tactics of engaging their employees in a fun, positive, respectful way. He has worked with everything from small businesses to Fortune 500 companies and has developed five different processes/trainings that build engagement, culture and leadership within businesses.   Scott is passionate and adamant about leveraging for each company the hopes, dreams and aspirations of not only the company, but of each employee in the company; which is the greatest untapped asset in every company in the world.   Connect with Scott: Website | LinkedIn | Facebook | Youtube | Twitter | Book   Head over to our website to set up a free account with SherWare software. Please make sure to subscribe and leave a rating and review on Apple podcasts.

On today’s episode, we chat with Wade Cox, Senior Accountant for JMA Energy Company, L.L.C. (JMA). He discusses the in’s and out’s of working as an accountant in the oil and gas industry. You’ll find out what Wade does accounting wise for JMA, how he keeps track of their oil and gas interests and the issues that come up in his profession. He also discusses what he does outside of his work with JMA as a tax professional.   Here are some of the things you can look forward to in this episode:   What Wade does as a CPA in the oil and gas industry Reports that simplify Wade’s career Wade’s experience with using Well Profits to track their clients' interests How Well Profits has helped eliminate human error   Highlights: 1:28 How Wade Got Started in the oil and gas industry 4:40 What Wade does accounting wise for JMA 6:10 How Wade keeps track of their oil and gas interests 7:51 The issues that come up when tracking non-operating interests 9:11 Revenue disbursement rules   12:15 What reports make Wade’s job easier as a tax professional 15:05 The importance of being able to calculate the cost depletion 16:53 Wade’s experience with using the Well Profits software 19:02 How importing data has cut down on errors and saved time 21:20 What Wade does outside of JMA in accounting   About Wade: I attended Southwestern Oklahoma State University and graduated in 1989 with a Bachelor in Science of Finance and a minor in Mathematics. Later, I attended the University of Central Oklahoma and obtained my CPA certificate in 1995. I have been working in the oil and gas business since 1996 for a company called JMA Energy Company, L.L.C. I started at an entry level position and worked in all areas of accounting in the oil & gas business (JIB, revenue, tax and financial accounting). I started my own oil & gas bookkeeping business in 2006. Some of my clients have up to 1,100 different well interests. I have been married for twenty years and I have a daughter that is nineteen and attending college. I like to read, watch movies and I love spending time with my two Golden Retrievers, Ethel and Hazel.   Connect with Wade: LinkedIn     Head over to our website to set up a free account with SherWare software. Please make sure to subscribe and leave a rating and review on Apple podcasts.

In this episode, Phil discusses a topic that is a bit different from the usual conversation on the podcast. Phil shares information about the launch of an online-cloud based application of the SherWare software, Well Profits which has been around since 1996. This transition is just the beginning of all of the SherWare applications and software moving to the web. Well Profits is designed to help users find mistakes to get them corrected. Current users have even said that using Well Profits has helped them to save over 30 working hours per month. This powerful online application allows users to track and report on the revenue and expenses being generated by their interest. The importing capabilities and reporting system are a game changer for the Oil & Gas industry, saving users both time and money.   Here are some of the things you can look forward to in this episode:   An overview of Well Profits and what the application does Testimonials from current users of Well Profits How to get started and set up your account Tips for managing your systems and procedures using Well Profits   Highlights:   2:35 Why we changed our product name to Well Profits   2:40 What Well Profits does   2:55 The two superpowers of Well Profits   4:14 Making tax season a breeze   6:67 How to manage your systems using Well Profits   7:08 Importing revenue and expenses into the application   7:29 Saving time by setting up proper operating procedures   8:13 Phil’s favorite report to take a look at   Link to Websites: Website | Podcast | iTunes   Head over to our website to set up a free account and get started! Also, please make sure to subscribe and leave a rating and review on Apple podcasts.

In this episode we talk with Matt Sands, the host of the Mineral Rights podcast. The Mineral Rights Podcast is a show for you to learn about owning mineral rights. What is a lease? What taxes are involved? How do I check production for my wells? How do I calculate my royalty interest? What is a division order? I've got an offer to purchase or lease, but is it reasonable? How do I read my check stub? Matt gives you answers to these and more questions about managing mineral rights and royalty interests. Matt has over 19 years of Oil & Gas industry experience. Matt is a graduate of the Colorado School of Mines with a BS in Engineering with a Mechanical Specialty and a Minor in Public Affairs. Matt is the principal of Silverheels Investments LLC, a family-owned company focused on mineral rights advisory services and investing in minerals and royalties in select basins across the US. Highlights 5:00 - Why Matt went to the Colorado School of Mines 6:33 - Why Minerals interested Matt 8:30 - Matt's advice on surviving the oil & gas ups and downs 13:35 - Why the Mineral Rights Podcast exists. 16:01 - The most listened to Mineral Rights episodes 20:55 - Resources for Mineral Owners Links to websites: http://silverheelsinvestments.com/ http://mineralrightspodcast.com/ https://itunes.apple.com/us/podcast/mineral-rights-podcast-mineral-rights-royalties-oil/id1401506541?mt=2&ign-mpt=uo%3D8

In this episode, Phil talks with Mike Chadsey, the director of public relations for Ohio Oil and Gas Association about the annual Winter Meeting and hot topics being discussed.

Thanks to technology advances, automation and remote tracking are simplifying the way those in the field and the back office work together, creating more efficient companies that are safer, more agile and getting profitable faster. Find out about two companies making the difference.

Growing and running a business in the 21st century, no matter what industry you’re in, requires knowing a little bit of everything, while still specializing in what makes your business so successful. On today's episode learn about 9 productivity/organization + communication tech tools that make automating your office a breeze.

Is climate change going to doom the world? Or is it a well-fueled agenda led by climate alarmists? On today's episode Gregory Wrightstone, geologist and author of Inconvenient Facts, speaks with Phil about how his career as a geologist in the Marcellus Shale led to him searching for the truth on climate change backed by science. Here are some of the things you can look forward to in this episode: How rising temps actually benefit humanity Why forest fires, hurricanes and severe weather aren't pointing to global warning doom as predicted The science that most climate alarmists are forgetting What global natural wonder is getting greener amidst climate change fears How to convince others about the science behind climate change benefits Find out the science behind climate change in this week's episode. Connect with Gregory Wrightstone  Gregory Wrightstone is a geologist who has been investigating the Earth’s processes for more than 35 years. He received a BS and MS in geology from Waynesburg University & WVU, respectively. Gregory’s debut book Inconvenient Facts – the science that Al Gore doesn’t want you to know has received glowing reviews and has shot up the sales charts, reaching as high as #13 on Amazon best-seller list and #1 in the Environmental Field. Greg was driven to write this book after a search for climate truth revealed that many of the supposed climate-related predicted catastrophic events were not occurring and that the most likely primary cause of our current climate change is those same forces that have been operating for many millions of years. His science-based view of ecosystems and humanity prospering due in part to rising temperatures and increasing CO2 has led to multiple radio and TV appearances including Tucker Carlson and Fox & Friends. Gregory is a strong proponent of the scientific process and believes that climate policies should be driven by science and facts not by a political agenda. Website: https://inconvenientfacts.xyz/ Facebook: https://www.facebook.com/inconvenientfacts.xyz/ Twitter: https://twitter.com/GWrightstone YouTube Channel: https://www.youtube.com/channel/UCBTYfW24SKyjI01CW5lN5hw

All successful businesses have this in common: they hire the best people to work for them. On today's episode Tom Wierman, executive director of COPAS and Phil, discuss how to make a career in the oil and gas industry and what makes the difference between a job, and someone is the best in their field. Here are some of the things you can look forward to in this episode: How both Phil and Tom's accidental start in the industry led to life-long careers The oil and gas industry's secret sauce that no one talks about How to become the best in your role, even when the industry is downsizing Connect with Tom Wierman Tom Wierman is in his seventh year as COPAS Executive Director. Prior to that Tom worked as an E&P accountant for nearly 30 years. Tom held assignments in Wichita, São Paulo and Rio de Janeiro (Brazil) and Calgary Alberta (Canada). Tom has served as a society president and a board member for both the Kansas and Canada societies. At the COPAS level, he served as Tax Committee Chair and was a board member for six years. In 2009 he served as COPAS president. Tom was also a major contributor on the COPAS 50th Anniversary celebration in 2011. He was awarded the COPAS Eagle Award in 2013. Tom is married and has three children. Tom is involved in many different things. He is active in his church, directs a choir, is a past member of the school booster club, completed two terms as President of the Wichita Swim Club, and recently participated in several Habitat for Humanity building projects. When he finds the time, he enjoys do-it-yourself projects around the house. He has found lifting weights to be an enjoyable activity and devoting more time to that whenever possible, especially now that he is retired from officiating soccer. Find a COPAS Society Near You LinkedIn

Technology is the future for every industry in the world, and the oil and gas industry is no different. On today's episode, Corey Scott,  and Phil talk about how EnergyLink helps operators and royalty partners get paid faster with fewer disputes and simplifying the communication by looking at the data. Here are some of the things you can look forward to in this episode: Find out how RedDog systems got its name Hear how developers actually develop software for the industry Find out how to use EnergyLink to get paid faster by your partners with fewer disputes Find out where data exchange is going in the future How automation is changing the landscape for oil and gas businesses no matter the market conditions Get the inside scoop to what's next for EnergyLink and its customers Dive into this episode that will change how you think about technology in your business. Connect with Corey Scott and Red Dog Systems, Inc.  Corey Scott currently serves as the U.S Sales Director at Red Dog Systems, Inc., a Calgary based software company that provides cloud-based solutions to customers involved in Joint Interest Billing, Revenue accounting and Owner Relations. Prior to joining Red Dog Systems in 2008, Corey worked at ConocoPhillips, helping to implement and manage the company's Joint Venture accounting software products. He is a graduate of Oklahoma State University, where he received his Bachelors Degree in Finance. Website: www.energylink.com LinkedIn: www.linkedin.com/company/red-dog-systems-inc. Grab the CEO Toolkit: 120+ Tools, Favorites & Freebies to scale your oil & gas business no matter what the industry looks like for free! [activecampaign form=106]  

Download This Episode! A decade ago the industry was looking bleak by many standards and the talk was spreading of reaching peak oil. Fast-forward to today, and Jerry James, president of Artex Oil Company, is at the forefront of an American revolution of natural gas that's taking the world by storm. On today's episode, Jerry James and Phil discuss how technology has turned the East Coast into a huge player for the Shale Crescent and what's coming next for the industry. Here are some of the things you can look forward to in this episode:  • Which states collectively make-up 30 percent of the country's natural gas supply • Why natural gas is such a hot topic these days • What global industries are moving into the Shale Crescent • Find out how profit margin actually works in the oil and gas industry Listen now to get the inside scoop on the hottest destination spot for companies worldwide. Connect With Jerry: Learn more about the Shale Crescent Jerry resides in Marietta, Ohio. He holds a degree in Petroleum Engineering and has served as President of the Ohio Oil and Gas Association (OOGA) and chairman of the Ohio Oil and Gas Energy Education Program (OOGEEP). In addition, he is a Registered Professional Engineer in Ohio, Kentucky, West Virginia, and Pennsylvania and a member of the Society of Petroleum Engineers, and Society of Petroleum Evaluation Engineers. Jerry has served as President of Artex Oil Company since 1995. Prior to assuming his current role, he held positions with various major oil companies in Texas, Louisiana, and Wyoming and served as a petroleum engineering consultant for James Engineering, Inc. based in Ohio. Jerry is a founder and vice-chairmen of Shale Crescent USA. an economic initiative to bring manufacturing jobs to the OH, WV, and PA region. Website: www.shalecrescentusa.com Twitter: https://twitter.com/ShaleCresUSA Facebook: https://www.facebook.com/shalecrescentusa/

Tom Stewart joined his father in the family oil and gas business. He got started as a roustabout, a place he says everyone who begins in the oil and gas industry should start: in the trenches. His family has built a legacy in the oil and gas industry from his grandfather to his father and five uncles and then Tom joined at 23 years old and moved up to run the family business, and then eventually became head of organizations like OOGA, the Ohio Oil & Gas Association, and took a vested interest in getting laws passed through Congress to further the oil and gas industry. Each guest that we have on the podcast references the dramatic use that technology plays in moving the oil and gas industry along at a rapid pace. Stewart is no different. Highlights from his interview:  >> He calls himself a "fracking baby" because he grew up as a toddler in the early fracking age in 1953, where wells in the Clinton formation were being discovered and reworked with incredible success, giving his family new opportunities in a new state, that still exist today. >> His father was the first person in Ohio to fracture a well that he believed to be a dry hole with only water and sand, which turned out to be a great well using this new technique. Up until that point, the industry had been using gelled crude oil to shoot back into the well to break it up and he didn't want to waste hundreds of barrels of that on a dry well. >> In 1977 in Hocking County in Ohio, men rushed to join the industry because of the tax advantages and the obvious success those already participating were having. But all of that competition meant it was harder to find acreage. A lot of them didn't know what they were doing which ended up causing a host of environmental issues that would come into play later in their careers. >> In the 1980s, Ohio had the highest drill rate in the nation with more than 5,000 wells drilled each year. It's also known for water production with crude and natural gas and managing produced waters became a real issue with so many wells being drilled. Citizens and government officials stepped in to enact House Bill 501, which was highly controversial at the time. The bill primarily focused on banning putting water into pits and mandated that all brine be managed by Class 2 wells. >> Working under his father, who he fondly labeled Old Guard and old-school, he said he took his role of introducing new technology and ways of drilling the wells seriously because it was something his father couldn't understand. His father would give him advice about what it took to really be in the oil business. He admired those that kept to themselves, worked hard, honored their commitment and made agreements on handshakes. He told him one thing that has carried him through his career in the industry for the past 45 years: "Ninety-five percent of being in the oil business is reputation. Only 5 percent is finding oil. If you've got your reputation, you'll succeed. If you don't, you will not." >> He eventually became involved in OOGA and was appointed to be a regional producer representative and became engaged in the advocacy process. In 1991 he was asked to run the legislative committee. The industry was in a difficult place in Ohio at this time, so it felt like a good opportunity to try something new. >> Nancy, known for her role as Director of the Department of Commerce under George Voinovich, ordered him over for drinks to talk about his future and outlined how I should apply for the executive vice president position at OOGA, and so he did. >> His goal with joining the industry was to be known as an aggressive policy advocate. It meant going into the Legislature on a regular basis and make clear that when it came to oil and gas and energy issues, that OOGA was the preeminent voice and that we knew the issues. Several policy issues that were passed that were significant but not highly publicized. >> In 2005 Stewart decided to take on a highly controversial topic with preemption and dealing with local government. In northeastern Ohio, we were dealing with surface development that was in conflict with well development, which led to unreasonable local regulations which weren't designed for health and safety, but for the development movement.  The tension was between landowners who wanted access to the mineral rights and their neighbors who didn't want to be touched by that activity. A significant court case was happening around this time, State vs Newbury, which decided that Ohio's oil and gas division had predominant authority over most authority. Local authorities would use certain health and safety exemptions to get around this ruling and essentially ban oil and gas wells. The bill Stewart began pushing in his role at OOGA was complete state preemption over local decisions on mineral development and it was difficult to get conservatives who believe whole-heartedly in local government on board. "When they would bring this up with me about local government, I would agree and say, Local government is best, but what's even more sacred is property rights and you're forging property rights." This bill became House Bill 278, which is unlike what any other state has been able to pass. >> One of the biggest frustrations in his career has been dealing with people who are against the oil and gas industry but simply don't understand what they're arguing against. The concept of energy and how they are using the very thing we're drilling for in their day-to-day lives, but because it's oil and gas, it's wrong. HB 278 brought with it what Stewart now calls "well haters" that came in droves to protest the oil and gas industry. >> The fracking debate that has sparked in the last decade has become political instead of safety-related and boils down to who should control the resources in the states, and who should benefit from the control over those resources. >> His biggest fears for the future of the oil and gas industry is that the industry will be regulated to the point that entrepreneurship is a significant factor. Soon the only people who will be able to handle it will be largely capitally-funded businesses. "Being able to successfully navigate the regulatory structure on a federal and state level, is so challenge it often seems impossible to be in compliance with the law, and that's an authentic threat," Stewart says. >>On the flip side, a driving force for the future of the industry is the technology that makes drilling for wells more affordable and successful. Where the limit was once 1,000 ft to test the capacity of reservoirs using wooden rigs, then cable tool rigs came along, then rotary development. Drilling technology made it deeper, safer and gave the industry the ability to find better reserves. > Operators and producers in Ohio are already beginning to look at how to take the technology being used in horizontal drilling to boost production and how to implement that in conventional wells. Connect with Tom Tom Stewart is the immediate past executive vice president of the Ohio Oil & Gas Association, a state-based trade group representing the Ohio oil and gas exploration and production industry (www.ooga.org). In December 2014, Stewart retired from the OOGA after leading the Association since September 1991. In January 2015, Stewart founded Oilfield Policy Advisors LLC, a firm providing consulting services related to public policy activities impacting the oil and gas exploration and production industry operating within the Appalachian Basin. Prior to joining OOGA, Stewart had fifteen years of formal experience in the oil and gas industry as an oil and gas producer and provider of contract drilling services. He is the third generation of his family to make a livelihood in the exploration, development, and production of crude oil and natural gas. The family heritage extends back to the original oil regions of western Pennsylvania and southeastern Ohio. Stewart currently is a board director for Stewart Brothers, Inc., an Illinois-based family partnership that manages non-operating oil and gas working interests in four states.

Download This Episode! What do nearly 40 years in the oil and gas industry look like and how do you keep interested in what you're doing year after year? Mike Cougevan, oil and gas auditor for Martindale Consultants has been in the oil and gas industry for 37 years and happened upon his career choice by accident. With no firm plan to retire (unless he wins the lottery), Cougevan has gotten to know the industry from the inside out thanks to his active role at COPAS (Council of Petroleum Accountants Societies) and his storied career in finance, revenue accounting and now auditing. After getting a finance degree, one of the first interviews was with Conoco, Amaco and a couple of banks. Simply because Conoco seemed to offer the best job and have a strong growth plan, he accepted the position without knowing anything about the oil business. Some of his roles have included working on the AFE desk as financial analyst handling operating expense budgets for the field, creating and getting AFEs approved with the non-operators, profit loss analysis for the fields. He spent time in Midland, Texas, and managed revenue accounting before being transferred to Lafayette, La., to be in charge of non-operated properties in the Gulf of Mexico which included scheduling and handling audits, negotiation agreements and paying JIBs. When the company began restructuring in the 90s, Cougevan didn't love his relocation opportunities and began working for Martindale Consultants, and took on an active role with COPAS. His recommendations for making the most out of an oil and gas career are to join COPAS and embrace the quick technology changes in the industry. What in the world is COPAS? COPAS is unique in that its an organization that writes its own rules and then goes and implements them. Originally started to maintain how accounting was handled for the industry across the states. It's not only ideal for accounting and finance professionals, but also small and large independent producers and operators who want to understand if what they're being told and how they're running their books is correct. Benefits of getting involved in COPAS are: - You understand exactly how to do your job to the best of your ability and accurately. - You know the nuances and details of what's included in the Account Procedures and what language is not used and why - You're among all the peers in your industry that you'll be working with for many years if you make a career out of oil and gas Cougevan helped to write the 2005 Accounting Procedures over a 2.5 year period. He fell in love with the ability to create history and build a document that would solve all the problems the industry faced in earlier accounting documentation that was now outdated because of technological advances. To this date, no one has been able to find a hole in the document or something that the team forgot to address. In his time in the industry Cougevan has experienced: > Carbon paper > No computers > Lotus 123 > No copy machines to now being able to > Communicate with the wells with > Use drones to use inspect well sites that pumpers used to have to do > Increased efficiency thanks to powerful software and tools > Technology that changes how we find and drill for oil and gas "It's so fast, it's hard to keep up with," Cougevan said. Today he works as an auditor that focuses on contract compliance, which basically means anytime there's a contract in the upstream or midstream sectors, he could be called in to make sure the terms are being held. "It's a normal part of a business, but it's inherently confrontational," Cougevan said. "It's also good business sense to kick the tires and do some type of review or get down in the weeds if you've had problems with that type of operator to protect your company assets." What keeps it interesting nearly 25 years since beginning to audit, is that every job is new. "It's like looking at a new jigsaw puzzle every time to look at what the contracts are, look at both sides and what's happening and determine quickly if it's correct or not," he said. The biggest change he's seen in his auditing career is that most operators are digital, so he doesn't have to travel and dig through a paper trail. Resources Mentioned: COPAS Connect with Mike:  Martindale Consultants Mike began his Martindale career in 1995 and is a Vice President of the firm. He provides senior leadership, expertly manages clients’ joint venture compliance and other projects, and shares his extensive industry experience and knowledge with Martindale employees. Mike also provides expert witness and litigation support and been certified as an expert in numerous State courts and in Federal court. Mike previously worked for Conoco (now ConocoPhillips) for 13 years in various positions, including financial analysis, internal reviews, managing non-operated properties, negotiation of agreements, and settlements of joint interest and revenue disputes. Mike has provided the additional foundation to manage and provide clients with exceptional quality in our compliance reviews. Mike is considered a prominent authority on Gulf of Mexico joint venture accounting issues and has performed international reviews in Australia, Barbados, and Brazil. Mike’s expertise includes: Testifying as an expert witness in State and Federal court on subjects including joint venture claims and custom and practice in applying exploration agreements, joint operating agreements, and Accounting Procedure provisions in oil and gas operations Overseeing compliance reviews for U.S. and international joint venture projects Overseeing compliance reviews for Gulf of Mexico shelf and Deepwater joint venture projects Overseeing client in-house projects on COPAS Accounting Procedure applications for various joint venture issues Assisting clients in resolving complex joint venture issues for both operated and non-operated ventures. Mike has actively served in various capacities in the Council of Petroleum Accountants Societies (COPAS). COPAS positions held include: President of COPAS President of COPAS of Acadiana Chair of COPAS of Acadiana Audit committee Chair of the COPAS National Audit committee Chair of the COPAS Emerging Issues subcommittee Two terms (six years)as Director on the COPAS Board of Directors Chair of several COPAS publication Drafting teams Key participant in drafting the COPAS 2005 Accounting Procedure Member of more than 12 COPAS publication drafting teams Recipient of the 2004 COPAS Eagle award Developer of the Knowing Your COPAS Documents (KYCD) educational series Participant on several COPAS special committees and task forces Mike is an experienced speaker on joint venture oil and gas topics for both public and private audiences and has given presentations to more than 20 different organizations Check out the prior episode: #002: After 41 years, Roy Jackson has the key to surviving in the oil and gas industry

Download This Episode!   For the past 41 years Roy Jackson, CEO at Energy OnRamp, has been involved in the oil and gas industry and made a name for himself as a someone who can make and create deals between buyers and sellers. In today's episode, we asked Roy what is the key to lasting so long in the industry when it's such an up and down adventure. As you hear Roy speak, one gets the feeling that he was born to sell, which explains how he's made a career out of connecting buyers and sellers in any part of the industry. Beginning at Schlumberger in the 70s, and moving into the oil and gas software space in the 1990s, Roy began to notice that his role in the industry was more than connecting people to solutions. Solutions were no longer enough. He had to help them make the best decisions for their business if they're going to survive. "Energy companies are generating a large amount of data," Jackson said. "You have these entrepreneurial guys who are getting private equity capital from somewhere, buy assets and then all of a sudden, along with the closing of that deal, they realize they don’t have any assets, and in 60 days we’re going to have to do revenue distribution and joint interest billings." These entrepreneurs would have to go hire someone and train them on the basics of the industry, and then everything around setting up that company revolved around regulatory reporting for the state and for setting up revenue distributions, he said. "I was discovering that people never truly got the system set up correctly years later after running into them and that they never knew how to set up the management and reporting system the way they wanted to," Jackson said. Now they were going to throw everything out and start over on a new system. To expedite or stop businesses from going through the long and excruciating process, he said, he started his new consulting firm Energy OnRamp to help companies take their financial data, get it into a system that works for them and help them understand how to present that data so its "attractive for bank capital, a private investor or whatever it takes to drill and capture the kind of opportunities that come in the energy industry," Jackson said. "Our team gives your business the tools within your own system or another system so that you can get the info you need to get the capital you need, and to make better management decisions to manage the multi-million dollar assets." As we know in the industry, wells aren't cheap to drill. Unconventional well plays cost millions of dollars to operate, displacing many smaller independents from participating. Like what we're seeing with our own clients in the industry, many operators are selling wells because they are reaching retirement age and there is not generation coming up behind them to take over, so they're forced to sell. On the flip side, a lot of wells are either combining with bigger forces to go all in on unconventional plays or picking up conventional wells that larger companies are offloading to support these unconventional drills, and find themselves suddenly with new wells to operate 30-60 days after purchase. So what makes a company able to stay afloat, even when oil prices skyrocket above $100/bbl or plummet to $9/bbl? Roy's answer: "The simple answer is that you just have to stay.  I can’t tell you the number off landmen and geologists, that sacked groceries at Wal-Mart when Midland was not near as prosperous, but they’re reaping big-time benefits for being patient. Stay and find a new way to make a living during the slow down period. "What we’ve been doing in Midland for the past 40 years is to figure out how to stay in the oil and gas business. Oil and gas people are some of the best entrepreneurs. It makes me proud to be in the oil and gas business." Connect with Roy Jackson:  www.energyonramp.comBased in Midland, Texas432-253-3337Roy Jackson is the founder of Energy OnRamp and over his 41-year career in oil and gas has demonstrated the ability to develop opportunities for his clients. Starting his career in “the patch” in 1977, Roy started developing his energy network with tenures at Schlumberger, National Oilwell (Bowen) and Homco International. He has directed the sales and marketing efforts at energy software companies involved in upstream accounting, including Midland Southwest Software (OGAS) and WolfePak. Mr. Jackson has extensive experience in the acquisitions & divestment of oil and gas assets. Jackson has successfully completed over 200 transactions, totaling over one half billion dollars in oil and gas upstream, midstream and service-related assets. He was the co-founder of Capital Energy Advisors and Simon Energy Advisors. Jackson also was formerly a principal partner at Simplex Energy Solutions in Midland, TX. Roy is a member of PBPA, ADAM Permian, and SPE. He is also past chairman of FEPA, a Permian focused networking forum for the Energy Industry. Energy OnRamp consults on accounting, production, and anything bringing data in from the field and anything that is back office related to running an operating, service or midstream company. Listen to the previous episode: #001: How the Oil and Gas Industry Survives Year After Year Check out the next episode: #003: How COPAS Transformed Mike Cougevan's Career

We've spent more than 25 years in the oil and gas industry. We've weather all-time price highs and lows, seen politics embrace and hate the industry and watched as company after company merges and adapts, no matter what the market does. These are the stories.  Resources www.werestillherepodcast.com