Geologic depositional and structural basin in West Texas and southern New Mexico, famous for holding large oil fields
POPULARITY
Randy Newcomer (CEO) and Scott Rice (COO) from Riverbend Energy Group join the podcast to walk through Riverbend's 20+ year history in the Minerals & NonOp space as well as their ongoing strategies in the Bakken, Midland Basin, Delaware Basin, and Eagle Ford. A big thanks to our 5 Minerals & Royalties Podcast Sponsors: --R. Reese & Associates: If you are interested in outsourcing and/or bolstering your legal department, then please contact Rachel Reese at 832-831-2289 or visit www.rreeselaw.com to learn more. --Riverbend Energy Group: If you are interested in discussing the sale of your Minerals and/or NonOp interests w/ Riverbend, then please visit www.riverbendenergygroup.com for more information --Farmers National Company: For more information on Farmer's land management services, please visit www.fncenergy.com or email energy@farmersnational.com --Opportune: For more information on Opportune's services, please visit www.opportune.com --Oseberg: For more information on the software & data analytics tools that Oseberg has to offer, please visit www.oseberg.io.
Nick O'Grady (CEO) and Adam Dirlam (President) of NOG return to the podcast to break down their latest co-bid transactions w/ SM Energy in the Uinta Basin and Vital Energy in the Delaware Basin as well as their ongoing ground game efforts. A big thanks to our 5 Minerals & Royalties Podcast Sponsors: --R. Reese & Associates: If you are interested in outsourcing and/or bolstering your legal department, then please contact Rachel Reese at 832-831-2289 or visit www.rreeselaw.com to learn more. --Riverbend Energy Group: If you are interested in discussing the sale of your Minerals and/or NonOp interests w/ Riverbend, then please visit www.riverbendenergygroup.com for more information --Farmers National Company: For more information on Farmer's land management services, please visit www.fncenergy.com or email energy@farmersnational.com --Opportune: For more information on Opportune's services, please visit www.opportune.com --Oseberg: For more information on the software & data analytics tools that Oseberg has to offer, please visit www.oseberg.io.
In this episode of the BIC Magazine Weekly Industry Report, we cover Heliene and Premier Energies' announcement of a U.S. solar cell facility, Occidental's sale of Delaware Basin assets for $818 million, CF Industries advancing a carbon capture project in Mississippi with ExxonMobil, Port Houston achieving record container handling and the Bureau of Ocean Energy Management considering a new wind lease in the Gulf of Mexico. This episode is sponsored by Dräger. For more news on the renewable energy industry, manufacturing industry, oil and gas industry and more, visit bicmagazine.com #EnergySectorNews #SolarEnergy #CarbonCapture #PortHouston #OffshoreWind #EnergyInvesting #EnergyInvestment
In this episode of the Energy News Beat Daily Standup, the hosts, Michael Tanner and Stuart Turley discuss key headlines including Adnoc's significant LNG export project in the UAE, the environmental benefits of U.S. LNG shipped to Asia compared to coal, the construction of the largest new U.S. refinery in 50 years by Houston Energy Company, Citibank's forecast of a potential oil price drop to sub-$60, and Matador Resources' $1.9 billion acquisition to enhance its Delaware Basin acreage. They also cover the Federal Reserve's decision to maintain interest rates, a surprising EIA crude oil inventory build, and Berkshire Hathaway's increasing stake in Occidental Petroleum.Highlights of the Podcast00:00 - Intro01:29 - ADNOC Moves Ahead With Huge LNG Export Project in UAE03:16 - U.S. LNG Shipped to Asia Is Still Cleaner Than Coal05:15 - Houston energy company to build largest new refinery in half a century06:39 - Citi Says Oil Could Crash to Sub-$60 Level10:42 - Markets Update13:45 - Matador Resources Company Announces Strategic Bolt-On Delaware Basin Acquisition19:31 - OutroPlease see the links below or articles that we discuss in the podcast.ADNOC Moves Ahead With Huge LNG Export Project in UAEJune 12, 2024 Mariel AlumitAbu Dhabi's national oil company ADNOC has taken the final investment decision to move forward with the Ruwais LNG project, which will more than double the existing LNG production capacity in the United Arab Emirates. […]U.S. LNG Shipped to Asia Is Still Cleaner Than CoalJune 12, 2024 Mariel AlumitUS LNG shipped to Asia has a lower value-chain emissions footprint than coal-fired power generation, even over long distances. Uncertainties regarding methane emissions and variations in emissions intensity between different sources and types of LNG […]Houston energy company to build largest new refinery in half a centuryJune 11, 2024 Mariel AlumitA Houston company will construct the largest new refinery in the last 50 years in Brownsville, Texas. Element Fuel Holdings LLC is spending between $3 and $4 billion on the project, which will produce more than 160,000 […]Citi Says Oil Could Crash to Sub-$60 LevelJune 12, 2024 Mariel AlumitCiti analysts have painted a bleak picture for the oil market, forecasting a significant price drop by 2025. According to their latest note, they anticipate a decline to $60 per barrel for Brent crude, marking […]Matador Resources Company Announces Strategic Bolt-On Delaware Basin AcquisitionJune 12, 2024 Mariel AlumitDALLAS–(BUSINESS WIRE)–Jun. 12, 2024– Matador Resources Company (NYSE: MTDR) (“Matador” or the “Company”) today announced that a wholly-owned subsidiary of Matador has entered into a definitive agreement to acquire a subsidiary of Ameredev II Parent, LLC (“Ameredev”), including certain […]Follow Stuart On LinkedIn and TwitterFollow Michael On LinkedIn and TwitterENB Top NewsEnergy DashboardENB PodcastENB Substack– Get in Contact With The Show –
Yesterday, April 29th, Volt Lithium (TSX.V:VLT - OTCQB:VLTLF) announced a strategic investment from an oil field operator in the Delaware Basin, for a total US$1.5million. The key to this news is Volt now moving forward with a "field unit that will produce lithium hydroxide monohydrate using Volt's proprietary direct lithium extraction (“DLE”) technology" Alex Wylie, President and CEO of Volt Lithium joins me to discuss the field unit and potential operational data when in use. Alex outline how this first field unit is more of a stepping stone to grow larger units. The data produced from this initial field unit can be send to EV makers to generate off take agreements as the units and production grows. If you have any follow up questions for Alex please email me at Fleck@kereport.com. Click here to visit the Volt website and read over the recent news.
In this must-listen episode of Wicked Energy with JG, host Justin invites Josh Sigler, VP of Geology at XCL Resources, for a deep dive into the multifaceted world of oil and gas. The duo kick things off by discussing the innovative company culture at XCL Resources, exploring why a laid-back and data-centric environment is a game-changer in talent acquisition for an industry in flux. From there, they shift focus to the intriguing Uinta Basin, where waxy crude and strategic asset development come into play. You'll hear why Uinta crude could be North America's new strategic advantage, and how it economically stands toe-to-toe with the renowned Delaware Basin, even when logistical costs are considered. As you tune in, you'll also discover how technology is revolutionizing operations, from the shift to natural gas as a cleaner alternative to diesel, to the smart drilling techniques that have propelled XCL Resources' production from 12,000 to a staggering 50,000 barrels of oil. The conversation doesn't shy away from sustainability and ESG considerations either; learn about the company's balanced approach, including efforts to recycle water for fracking and reduce its emissions footprint. In a candid segment on public perception, both Justin and Josh share personal stories about the societal stigmatization associated with working in the oil and gas sector, emphasizing the importance of public education on energy supply and demand fundamentals. The episode wraps up with a compelling dialogue on the need for open conversations to dispel myths and misunderstandings in the energy landscape. Linked: https://www.linkedin.com/in/josh-sigler/ Website: https://www.xclresources.com/ Show Sponsors TenEx Technologies TenEx Technologies is a leading provider of nanotechnology-based products for the oil & gas industry. Their products are designed to improve the production of oil and gas wells, and they have been shown to be effective in a variety of field applications. Some of their key products include: NanoCLEAR: Tailored nanofluids to improve production of new completions and existing wells MicroHOLD: Cost-Effective Microparticle Slurry designed to improve frac efficiency and well production NoHIT: Innovative frac hit mitigation technology via in situ pressurization reaction SandBOND: Sand consolidation chemical solution CeraFLO: Greener, cost-effective proprietary blends to eliminate paraffin issues Website: https://www.tenextechnologies.com/ LinkedIn: https://www.linkedin.com/company/tenextechnologies/ InflowControl InflowControl is a technology company that helps oil companies improve the efficiency of oil production while reducing the industry's environmental impact with their Autonomous Inflow Control Valve (AICV®). This breakthrough technology improves oil production by reducing unwanted gas and water which enables mature oil fields to be more profitable by supporting oil production from zones that would have typically been bypassed. This provides oil companies and its stakeholders with Lower Carbon Oil and higher profitability. To learn more, visit the links below: Website: www.inflowcontrol.no LinkedIn: https://www.linkedin.com/company/inflowcontrol-as/ YouTube: https://www.youtube.com/channel/UCqdgIooQhYtUBo-auUlYw-Q Wicked Energy For more info on Wicked Energy, please visit www.wickedenergy.io. For the video version, please visit the Wicked Energy YouTube channel at https://www.youtube.com/channel/UCL5PSzLBnSb7u1HD1xmLOJg If you or your company are interested in starting a podcast, visit https://www.wickedenergy.io/free-guide for a free guide on creating a successful podcast. Lastly, if you have any topics or guests you'd like to hear on the show, please email me at justin@wickedenergy.io or send me a message on LinkedIn.
Blake Harris - Founder & CEO of Brazos Royalty Group LP joins the podcast to tell his "The Nigerian Prince of the Delaware Basin" Kitchen Table War Story. A big thanks to our 4 Minerals & Royalties Podcast Sponsors: --Riverbend Energy Group: If you are interested in discussing the sale of your Minerals and/or NonOp interests w/ Riverbend, then please visit www.riverbendenergygroup.com for more information --Farmers National Company: For more information on Farmer's land management services, please visit www.fncenergy.com or email energy@farmersnational.com --Opportune: For more information on Opportune's services, please visit www.opportune.com --The Texas Minerals Company: For more information on The Texas Minerals Company's current deal-flow pipeline, please email Toby Martinez at toby@thetexasmineralcompany.com or visit www.thetexasmineralcompany.com
Derek Whiting - Manager, Elberta M. Royalty joins the podcast to talk about Arrington Oil & Gas's strategy in the minerals space and their recent expansion into the Delaware Basin and Haynesville. A big thanks to our 3 Minerals & Royalties Podcast Sponsors: --SourcEnergy: For more information on SourcEnergy's satellite imagery & AI driven technology, please visit www.sourcenergy.com/minerals or email info@sourcenergy.com for a free demo --Opportune: For more information on Opportune's back office & outsourcing services, then please visit www.opportune.com --Noble Royalties: To explore ways to do deals w/ Noble, please email Chase Morris at cmorris@nobleroyalties.com or Shannon Manner smanner@nobleroyalties.com
Recorded on August 17, 2022 https://youtu.be/Lj2beKVovRw Episode 57 of the PetroNerds podcast is another heavy hitting jam packed episode. Araron Hunter with ConocoPhillips returns - this time as the Vice President of the Delaware Basin. Trisha Curtis, CEO of PetroNerds and Aaron Hunter, Vice President of the Delaware Basin for ConocoPhillips, talk shop on all things Delaware Basin, Conoco earnings calls, technology trends, formation targeting, natural gas, LNG, red hot prices and inflation, and net net zero pledges. WTI is $87.02, Brent $92.58, Henry Hub $9.24, Dutch TTF $67.59, 30 Year Mortgage 5.48%, and 10 Year Yield 2.90%. They discuss frac and technological growth and efficiency, inflation, and Conoco's triple mandate and energy security. Another not to miss PetroNerds podcast episode!
This week we're replaying a classic episode where your hosts Steve Lowry and Yvonne Godfrey interview Chrysta Castañeda of The Castañeda Firm (https://castaneda-firm.com/) Remember to rate and review GTP in iTunes: Click Here To Rate and Review Episode Details: Accomplished Dallas oil and gas litigator Chrysta Castañeda of The Castañeda Firm discusses how she secured justice for oil tycoon T. Boone Pickens, the owner of Mesa Petroleum Partners, in a landmark breach of contract case against three Texas oil companies, securing the nation's 12th largest verdict in 2016. In January 2007, Mesa Petroleum Partners signed a participation agreement with J. Cleo Thompson and Baytech, affording Mesa 15% ownership in oil wells and other assets in Texas over a five-year period. Mesa Petroleum elected to participate in all offered deals, but unbeknownst to Pickens, Mesa Petroleum's 15% interest was being used to purchase assets and to drill more than 160 wells under the auspices of two newly formed companies: Patriot Resources and Delaware Basin Resources. In 2009, Delaware Basin Resources attempted to buy out Mesa Petroleum from the original agreement and recruited Baytech to initiate an offer that Mesa Petroleum ultimately rejected. Despite the defense's claims that Pickens stated in a phone call that he wanted out of the agreement, except for his initial investment in a Lyda Well, and assertions that Pickens did not pay his fair share and was looking to repair his reputation after making poor business decisions during the 2008-2009 financial crisis, Chrysta Castañeda secured justice for her client. In November 2016, after a five-week trial, a Reeves County, Texas jury returned a verdict in favor of the plaintiff, awarding more than $140 million in damages plus legal fees. This groundbreaking case is also featured in the book The Last Trial of T. Boone Pickens, written by Chrysta Castañeda and Loren Steffy. Read/Download the Complete Trial Documents Guest Bio: Chrysta Castañeda Chrysta Castañeda is a go-to lawyer for high-stakes litigation in the energy industry and beyond. Practicing for over twenty-five years, she has built a solid reputation for adeptly handling technical litigation, often serving as lead trial counsel in high-profile disputes of media interest. Her win for T. Boone Pickens' Mesa Petroleum Partners was recognized as the 12th largest verdict in 2016 in the nation by The National Law Journal and earned her a spot as one of the NLJ's Elite Trial Lawyers of 2018, as well as induction into Texas Lawyer‘s Texas Verdicts Hall of Fame. Following this series of high-profile recognitions, Chrysta was inducted as a fellow of the Texas Bar Foundation in the beginning of 2020. Chrysta developed her reputation and commitment to excellence from practicing for more than two decades at top firms worldwide. Since founding the Castañeda Firm, Chrysta has prioritized delivering the quality of representation found in large law firms in a personalized way. Chrysta and her team strive to out-prepare the opposition, from investigation through trial. Chrysta not only has more than two decades of experience litigating energy and oil and gas matters but also holds a degree in engineering. Her technical training in combination with her experience in crisis communications frequently proves invaluable to clients, enabling her to effectively explain complex scientific concepts to judges and juries. Clients value Chrysta's strength and tenacity. As Chrysta puts it, “We take pride in having both the knowledge and experience clients require, as well as the necessary tenacity and creativity to craft winning strategies. We aim to prepare so thoroughly that we can adapt without hesitation to changing dynamics at trial or in discovery. I want our clients to feel confident and assured when The Castañeda Firm is on their case.” Outside of the oil and gas and energy industries, Chrysta has extensive experience in commercial litigation, trade secrets, products liability, pharmaceutical, medical device, and toxic tort litigation. Read Full Bio Book Link: The Last Trial of T. Boone Pickens Show Sponsors: Legal Technology Services -LegalTechService.com Digital Law Marketing - DigitalLawMarketing.com Harris Lowry Manton, LLP - hlmlawfirm.com Free Resources: Stages Of A Jury Trial - Part 1 Stages Of A Jury Trial - Part 2
It's not every show we get the chance to interpret new data, but when we do… It goes OFF!!! This is Allen Morgan from a vital PBE Podcast sponsoring company Bell Geospace. They shot an FTG survey in 2018 and the amount of structural information you can get from this data is GOLD. Check out this episode as we get to talk rocks in the Delaware Basin and specifically the structural complexity over the infamous Mid-Basin Fault (AKA Grisham Fault).
David Entzminger is a retired geologist and a man who put in an incredible career! Working primarily in the Permian Basin, he has found himself helping companies make oil and gas discoveries for a long time! This show is specifically about his last work in the black shales of the Delaware Basin and noting how important it is to pay attention to the produced water chemistry! LET'S GOOOOOOOOO - The future will host opportunities in produced water, we talk about that and how he was able to use hydro-science to help understand the area of interest.
Jason Hoisager former President of Rock Ridge Royalty and President of newly formed Mustang Ridge Minerals joins the podcast. On the heels of the recent combination between Rock Ridge Royalty and Desert Peak Minerals in the Delaware Basin, Jason walks through the Rock Ridge Royalty story and what his team has planned in the future for his next venture, Mustang Ridge Minerals.
Producing reserves at the northern end of the Delaware Basin, this E&P describes its development program and plans. SPEAKER(S): Michael Hale, Vice President, Exploration, Novo Oil & Gas LLC --- Support this podcast: https://anchor.fm/hartenergy/support
This session was recorded on January 27, 2021. This operator is focused on maintaining its production levels with a slimmed-down capex budget and judicious mix of new wells and DUC well completions. SPEAKER(S): Daniel Rohling, Executive Vice President & Chief Operating Officer, Battalion Oil Corporation --- Support this podcast: https://anchor.fm/hartenergy/support
This week, your hosts Steve Lowry and Yvonne Godfrey interview Chrysta Castañeda of The Castañeda Firm (https://castaneda-firm.com/). Remember to rate and review GTP in iTunes: Click Here To Rate and Review Episode Details: Accomplished Dallas oil and gas litigator Chrysta Castañeda of The Castañeda Firm discusses how she secured justice for oil tycoon T. Boone Pickens, the owner of Mesa Petroleum Partners, in a landmark breach of contract case against three Texas oil companies, securing the nation's 12th largest verdict in 2016. In January 2007, Mesa Petroleum Partners signed a participation agreement with J. Cleo Thompson and Baytech, affording Mesa 15% ownership in oil wells and other assets in Texas over a five-year period. Mesa Petroleum elected to participate in all offered deals, but unbeknownst to Pickens, Mesa Petroleum's 15% interest was being used to purchase assets and to drill more than 160 wells under the auspices of two newly formed companies: Patriot Resources and Delaware Basin Resources. In 2009, Delaware Basin Resources attempted to buy out Mesa Petroleum from the original agreement and recruited Baytech to initiate an offer that Mesa Petroleum ultimately rejected. Despite the defense's claims that Pickens stated in a phone call that he wanted out of the agreement, except for his initial investment in a Lyda Well, and assertions that Pickens did not pay his fair share and was looking to repair his reputation after making poor business decisions during the 2008-2009 financial crisis, Chrysta Castañeda secured justice for her client. In November 2016, after a five-week trial, a Reeves County, Texas jury returned a verdict in favor of the plaintiff, awarding more than $140 million in damages plus legal fees. This groundbreaking case is also featured in the book The Last Trial of T. Boone Pickens, written by Chrysta Castañeda and Loren Steffy. Click Here to Read/Download the Complete Trial Documents Guest Bio: Chrysta Castañeda Chrysta Castañeda is a go-to lawyer for high-stakes litigation in the energy industry and beyond. Practicing for over twenty-five years, she has built a solid reputation for adeptly handling technical litigation, often serving as lead trial counsel in high-profile disputes of media interest. Her win for T. Boone Pickens' Mesa Petroleum Partners was recognized as the 12th largest verdict in 2016 in the nation by The National Law Journal and earned her a spot as one of the NLJ's Elite Trial Lawyers of 2018, as well as induction into Texas Lawyer‘s Texas Verdicts Hall of Fame. Following this series of high-profile recognitions, Chrysta was inducted as a fellow of the Texas Bar Foundation in the beginning of 2020. Chrysta developed her reputation and commitment to excellence from practicing for more than two decades at top firms worldwide. Since founding the Castañeda Firm, Chrysta has prioritized delivering the quality of representation found in large law firms in a personalized way. Chrysta and her team strive to out-prepare the opposition, from investigation through trial. Chrysta not only has more than two decades of experience litigating energy and oil and gas matters but also holds a degree in engineering. Her technical training in combination with her experience in crisis communications frequently proves invaluable to clients, enabling her to effectively explain complex scientific concepts to judges and juries. Clients value Chrysta's strength and tenacity. As Chrysta puts it, “We take pride in having both the knowledge and experience clients require, as well as the necessary tenacity and creativity to craft winning strategies. We aim to prepare so thoroughly that we can adapt without hesitation to changing dynamics at trial or in discovery. I want our clients to feel confident and assured when The Castañeda Firm is on their case.” Outside of the oil and gas and energy industries, Chrysta has extensive experience in commercial litigation, trade secrets, products liability, pharmaceutical, medical device, and toxic tort litigation. Read Full Bio The Last Trial of T. Boone Pickens Show Sponsors: Legal Technology Services - LTSatlanta.com Digital Law Marketing - DigitalLawMarketing.com Harris, Lowry, and Manton - hlmlawfirm.com Free Resources: Stages Of A Jury Trial - Part 1 Stages Of A Jury Trial - Part 2
On today's episode of The FORT, Chris is joined by Trent and Tyler Leon, Co-Founders of Tilden Capital, which was formed to acquire mineral & royalty assets across the United States. Since its inception, they have acquired 160,000 net royalty acres. Tyler and Trent are also former professional golfers and have been as close as brothers with Chris for nearly a decade. Today they'll discuss their journey into the mineral business, evaluating the worth of minerals, vertical and horizontal drilling, leasing vs. buying minerals, the oil and gas industry in light of the election and COVID, and much more! Enjoy. Follow Chris on Twitter: www.Twitter.com/FortWorthChris Learn more about Chris Powers & Fort Capital: www.FortCapitallp.com (02:45) - Tyler and Trent’s Story (06:13) - Were oil and gas always part of your life? (07:06) - Was there a moment that The Eagleford came up on your radar as something that would be important? (09:19) - Did you start in the Permian Basin? (10:14) - What triggered you to be in the Delaware Basin? (12:32) - Why was no one else seeing what you were seeing? (13:41) - How do you evaluate what a mineral is worth? (14:32) - How do you find out if and when something will be drilled? (15:56) - Why doesn't it matter to the mineral owner how much it costs to drill? (16:49) - Why can you drill so much more in some areas than others? (17:48) - Do you shoot for things that produce more oil or more gas? (19:56) - What’s the differences between the Permian and Delaware basin? Why do people prefer one over the other? (21:00) - What are the main reasons people will sell their minerals? (24:20) - Do you think Vertical Drilling will make a comeback? (25:20) - Leasing vs. Buying Minerals (27:00) - Three Ways to Make Money in Minerals (28:17) - What happens legally when a person passes away without a plan to transfer ownership of minerals? (29:09) - What’s the difference in buying between Texas and New Mexico? (31:00) - What does the change in The White House mean for the industry? (33:51) - Is there a rush of operators getting a permit to beat the inauguration? (34:13) - How did your partnership with EnCap impact your career? (35:48) - What have you learned since working with one of the best oil and gas PE firms in the world? (37:16) - How has your strategy evolved since 2015? (38:06) - What amount of oil are you getting when you drill? (39:18) - If you’re going to sell, is it better before the first well is drilled or after a year when 80% of the oil is taken out? (41:16) - If you get someone to sell, how do you get the deal to closing? (43:54) - How do you confirm you get every drop of oil that you deserve? (46:58) - What do you think the industry for mineral owners will be going forward beyond ‘buy it, flip it’? (48:33) - Is it fair to say Royalty Trusts have not out-performed in the public markets? (49:43) - What gets capital flowing back into the industry again? (52:09) - Is Wall Street out of touch with how this industry impacts the world? (52:40) - Does it bode well for oil prices that there's a hampering of drilling? (53:29) - What was the peak rig count vs. today? (54:26) - What’s one of the biggest misnomers about the industry? (57:11) - What does ESG mean and why is it a big thing to talk about? (59:01) - Is there a new revolution coming to get more oil out of the ground? (1:00:51) - How has golf impacted your career? (1:03:08) - What’s the best advice you’ve ever received? The FORT with Chris Powers is produced by Straight Up Podcasts
WPX Energy has added 1,500 gross drillable locations on 58,000 net acres of oily, overpressured Delaware Basin in one of the Permian's largest deals. Hear details of the combined WPX portfolio, DSU achievements and plans. Moderator: Richard Mason, Chief Technical Director, Hart Energy Speaker: Clay Gaspar, President & Chief Operating Officer, WPX Energy Inc. --- Support this podcast: https://anchor.fm/hartenergy/support
Jimmy Murchison joins us from Hatch Resources, a private equity backed minerals and royalties company that is focused on the Delaware Basin. Throughout the episode, Jimmy talks about the role of debt financing and hedging in the minerals space along with the strategic reasons his team has decided to have a pure play focus on the Delaware Basin. Find out more about the Oil & Gas Council
Welcome to the newest entrant to our Impact Radio USA stable of shows, with "Impact Interviews and Music". The title says it all, as we provide exhilarating interviews with some terrific people and, of course, we augment the interviews with great music! Each episode of "Impact Interviews and Music" airs every Monday, Wednesday, and Friday at 10:00 am ET. On today's show, we spoke with Chrysta Castaneda and Sylvia Soupila:: CHRYSTA CASTANEDA From her Website: castaneda-firm.com/book/ "T. Boone Pickens, legendary Texas oilman and former corporate raider, climbed the steps of the Reeves County courthouse in Pecos, Texas, early in November, 2016. At 88 years old, he entered the solitary courtroom, and settled into the witness stand for two days of testimony in what would be the final trial of his life. Pickens, who made and lost billions over his long career, was suing another legendary Texas oil company and several others, accusing them of cutting him out of what became the biggest oil play he ever invested in. Pickens had signed onto a deal to drill in the Delaware Basin, an oil-rich section of far West Texas that was primed for an unprecedented boom. He was hard of hearing and his vision was poor, but his mind remained sharp. After years of dealing with the media, shareholders and politicians, Pickens would need to win over a dozen West Texas jurors in one last battle." SYLVIA SOUPILA From the Fortissimo Website: https://fortissimo.gr/en/home-en/ Sylvia Soupila began studying the cello at the age of six in Thessaloniki, where she was born. Her love for music and trips helped her to acquire great musical experiences and also opened her musical horizons. Her musical studies began at the State Conservatory of Thessaloniki in the class of Renos Baltaς, where she graduated and with a “Distinction” in cello. In the same year she has been accepted at the Royal Academy of Music and Theatre of Scotland in Glasgow, where she continued her studies with a scholarship of the Academy. Ηer musical distinctions are the representation of Greece in the Mediterranean Youth Orchestra, with which she toured in the Mediterranean countries and qualified for the competition of the Youth Orchestra of the European Union. She has appeared in solo recitals and chamber music concerts in many cities of Greece and abroad. She is a permanent member of the Symphony Orchestra of Thessaloniki. She was a member of the Youth Orchestra of Thessaloniki State Orchestra, the Thessaloniki State Symphony Orchestra and the Symphony Orchestra of Thessaloniki. And GREAT music selected just for you! Thank you for stopping in! Enjoy!
Mackie Cannon joins us from OneMap Mineral Services, a private minerals & royalties company with a focus on the Midland & Delaware Basin. During the episode, Mackie talks about how OneMap's patient capital enables them to take a longer-term view to mineral ownership, thus enabling them to focus on acquiring undeveloped minerals in some of the best rock across the Permian. Find out more about the Oil & Gas Council, the largest and most influential network of senior oil & gas, finance and investment executives in the world.
Welcome to the newest entrant to our Impact Radio USA stable of shows, with "Impact Interviews and Music". The title says it all, as we provide exhilarating interviews with some terrific people and, of course, we augment the interviews with great music! Each episode of "Impact Interviews and Music" airs LIVE every Monday, Wednesday, and Friday at 10:00 am ET, then repeats at 10:00 pm ET on the same date. On today's show, we spoke with Chrysta Castaneda and Martin Lowy: CHRYSTA CASTANEDA From her Website: castaneda-firm.com/book/ "T. Boone Pickens, legendary Texas oilman and former corporate raider, climbed the steps of the Reeves County courthouse in Pecos, Texas, early in November, 2016. At 88 years old, he entered the solitary courtroom, and settled into the witness stand for two days of testimony in what would be the final trial of his life. Pickens, who made and lost billions over his long career, was suing another legendary Texas oil company and several others, accusing them of cutting him out of what became the biggest oil play he ever invested in. Pickens had signed onto a deal to drill in the Delaware Basin, an oil-rich section of far West Texas that was primed for an unprecedented boom. He was hard of hearing and his vision was poor, but his mind remained sharp. After years of dealing with the media, shareholders and politicians, Pickens would need to win over a dozen West Texas jurors in one last battle." MARTIN LOWY From His Amazon Page: "In 2020, Democrats will choose a candidate for President, who may or may not be in favor of maintaining the capitalist economic system in the U.S. Many people do not understand capitalism very well. It has been historically and can in the future be a force for good, promoting economic growth and better living standards. And it can be moral, as well. That good kind of capitalism relies on consumers, through the marketplace, to set prices and allocate resources. Capitalism for Democrats explains how this good capitalism works, how different it is from some of the capitalism that we have now, and why it is morally superior to systems that rely on elites to set prices and allocate resources. This is a fairly short book that reviewers have said is 'concise' 'Plain English' and 'enjoyable'." And GREAT music selected just for you! Thank you for stopping in! Enjoy!
CHRYSTA CASTANEDA, a highly successful attorney, engineer, and now author from Texas. joined us to discuss her latest release, "The Last Trial of T. Boone Pickens", which describes her representation of Mr. Pickens in what came to be the final trial of his life. From her Website: castaneda-firm.com/book/ "T. Boone Pickens, legendary Texas oilman and former corporate raider, climbed the steps of the Reeves County courthouse in Pecos, Texas, early in November, 2016. At 88 years old, he entered the solitary courtroom, and settled into the witness stand for two days of testimony in what would be the final trial of his life. Pickens, who made and lost billions over his long career, was suing another legendary Texas oil company and several others, accusing them of cutting him out of what became the biggest oil play he ever invested in. Pickens had signed onto a deal to drill in the Delaware Basin, an oil-rich section of far West Texas that was primed for an unprecedented boom. He was hard of hearing and his vision was poor, but his mind remained sharp. After years of dealing with the media, shareholders and politicians, Pickens would need to win over a dozen West Texas jurors in one last battle. To lead his legal fight, Pickens chose an unlikely advocate – Chrysta Castañeda, a Dallas solo practitioner who had only recently returned to the practice of law after a hiatus borne of disillusionment with Big Law. Pickens was a hardline Republican, while Castañeda had run for public office as a Democrat. But they shared an unwavering determination to win and formed a friendship that spanned their differences in age, politics and gender. The trial lasted nearly five weeks, with Pickens, Castañeda and the rest of the legal team holed up in a modest, Swiss-themed hotel on the side of Interstate 20. It was here, in a town where frontier justice was once meted out by Judge Roy Bean – “the Law west of the Pecos” – that Pickens would gird for one final courtroom showdown. Sitting through trial every day, he was determined to prevail, even at the cost of his health. The Last Trial of T. Boone Pickens tells the story of this high-stakes courtroom drama through the eyes of Castañeda. It’s the story of an American business legend still fighting in the twilight of his long career one final time, for justice and fair dealing in the Oil Patch, and the woman determined to help him get it.
Recorded on April 30th Josh Camp joins us from Perpetual Production, a private equity backed minerals & royalties company focused on the STACK and Delaware Basin. During the episode, Josh discusses the various ways his team approaches mineral buying in order to de-risk underwriting and formulate an information edge.
Founded in 2015, London built the company from three employees to more than 40 and has established a two-rig drilling program in the Delaware Basin. Under his leadership, Tap Rock has deployed more than $250 million in gross development capital --- Support this podcast: https://anchor.fm/hartenergy/support
The Crude Life Podcast Episode 23 February 20, 2020 Guests/Topics: Troy Schrenk, CCO, Target Hospitality, talks the planned expansion of 100 rooms at its El Capitan community located in Orla, Texas within the Permian's Delaware Basin. This is the second expansion for this community that is directly tied to continued [...]
Troy Schrenk, CCO, Target Hospitality, talks the planned expansion of 100 rooms at its El Capitan community located in Orla, Texas within the Permian's Delaware Basin. This is the second expansion for this community that is directly tied to continued customer demand in the Delaware Basin, a growing hub of [...]
Some nights it’s cheaper and easier to get the very same Holiday Inn room in midtown Manhattan as in Carlsbad, NM. One impact of the oil and gas boom in SE NM. Reporter Jens Erik Gould has been writing about how a rush of people and money to the Delaware Basin has affected life in towns like Carlsbad, Artesia and Hobbs. One piece of advice, if you were thinking of driving around Lea and Eddy Counties? Don’t. Energy industry trucks have the roadways clogged and broken.
The Mineral Rights Podcast: Mineral Rights | Royalties | Oil and Gas | Matt Sands
In this episode, we provide an overview of the key facts and things you should know if you own minerals in the Greater Permian Basin, including the Delaware Basin, Midland Basin, Central Basin Platform, or Northwest Shelf. Please let us know if this is useful and if you have any requests on a particular area that you would like us to cover!
In this episode of Beneath the Subsurface we introduce our Geoscience and Data & Analytics intern teams for our summer internship program. Erica kicks off the episode with Jason and Sri talking about how the programs have come about and changed overtime here at TGS, how they select and recruit for the program, and the scope of the projects that the internships tackle this summer. Erica then spends time with both teams of interns discussing the experience in the program, what they’ve learned, and everything they’ll be taking away and applying back to their studies and upcoming careers. TABLE OF CONTENTS00:00 - Intro00:50 - Team Leader Segment with Jason and Sri01:09 - The Geoscience Internship Program04:42 - The Data & Analytics Internship Program07:29 - Advice for Program Applicants11:54 - Data & Analytics Intern Team Introductions13:32 - The D&A Summer Projects15:18 - Lessons Learned Pt. 117:20 - The TGS Internship Experience Pt. 120:24 - Future Careers21:41 - Advice for Future Interns & Reasons to Apply Pt. 124:34 - Valuable Take Aways Pt. 126:01 - Geoscience Intern Team Introductions28:36 - The Geoscience Summer Projects31:33 - Lessons Learned Pt. 233:14 - The TGS Internship Experience Pt. 234:12 - Advice for Future Interns & Reasons to Apply Pt. 239:28 - Valuable Take Aways Pt. 2EXPLORE MORE FROM THE EPISODEARLASSALT NET TGS DATA LIBRARYEPISODE TRANSCRIPTErica Conedera:00:12Hello and welcome to Beneath the Subsurface a podcast that explores the intersection of geoscience and technology. From the Software Development Department here at TGS, I'm your host, Erica Conedera. This time around, we'll be chatting with our newest batch of intrepid students in TGS' dynamic and immersive internship program. As you will hear, they are a diverse group of future innovators from around the world. They bring with them a wide range of skills and interests and work together to collaborate on exciting real world projects. We'll start our conversation today with a quick introduction from the leaders of our internship program. I'm here with Sri Kainkarayam, the data science lead and Jason Kegel with the geoscience team who heads up the geoscience intern program. And we're going to talk a little bit about the internship programs. Jason, how has this program changed in the last five years?Jason Kegel:01:09When we first started the program, I want to say 2013, 2014, it was out of the Calgary office in Canada. The interns there were mainly from some of our Calgary schools nearby. And then it started to grow 2014, 2015 to include some of our Texas schools, UT, Baylor, University of Houston. As it's grown, we've decided to add more projects and more sort of interesting work to the projects. We've also been able to bring on some of our original interns into roles within the company. So over the last five years, I'd say the biggest thing that's grown is the, the number of interns. So in Calgary, when this first started we had one intern and then that same intern came back a second year and we brought another one on. And then we got one in Houston. And then as that grew, we had a couple in Houston and a couple in Calgary.Jason: 02:09And then the past couple of years we've had four each year. So we had four last year and four this year. So we've really been able to sort of guide new projects around that to where we can really include their schoolwork and what they're doing in their university work with what we're doing here at TGS and hopefully build a sort of cohesive project for them to work on. And that's sort of the struggle with a lot of internship projects that we've done over the past years is to incorporate what they want to do as students and as interns and as their career grows, with what we'd like to see them do and encourage them to do within TGS.Erica:02:49Does that go into the consideration of which interns you end up picking, what their specialties are or what they're looking to do with what you need?Jason:02:58No, not necessarily, a lot of the times the interns, so for example, last year we were working very closely with a couple of schools that we wanted to bring data into. So some of our production data our Longbow group into with the University of Lafayette. So we were working really closely with a few professors out of that school and a few professors with UH. So we had recommendations from the professors themselves with students that they thought might work nicely with us with - in terms of their knowledge of data already and their knowledge of well log use and seismic, so they can kind of jump in running without having to learn too much in the beginning, without too much of a learning curve. So in aspects of that, and that's, that's more that we look for. So the, the professors we're working with, along with how long it will take them to, to get up and running with things.Jason:03:51Our current group of students is sort of a more advanced set of students who are working on their PhDs or in their later years of their master's degrees. So they've already seen a lot of these areas and worked with a lot of the data. So we do look for sort of more advanced students now, whereas when we first started the program, we were, we were happy to get anybody, some people that were not sure if they were going to be geoscientists, but you know, we're in the geoscience program with their bachelor's and that was okay too. I think we still got a lot out of having them here, working with us. but as we've grown, we've been putting them on more and more advanced projects and they've really been able to help out.Erica:04:29Cool, sounds like they've added a lot of value.Jason:04:30They definitely do. And it's nice to have sort of fresh faces around in the summertime and, and it really, really fills in for everybody that goes on vacation in the summer.Erica:04:39(Laughter) Right? Awesome.Jason:04:39The office doesn't seem so empty.Erica:04:42Awesome. So for the data analytics team, the internship program is new. I think this is your first batch of interns, correct Sri?Sri Kainkaryam:04:57Yes. So the data science team started sometime around November, 2017 so this is, although this has been our second summer, this is our first batch of interns that are projects, both, trying to test out novel algorithms, novel approaches, also try and apply ideas from high performance computing to building workflows, and also try and build sort of, user interfaces or ability to, deploy these for various users. So, there are broadly three buckets in which these projects fall into. And, it's an, it's, it was an interesting time looking for an intern because data science as, as a domain is, sits at the intersection of sort of three, broadly non intersecting sets, right? So geoscience, computing as well as machine learning or deep learning and folks having adequate background in all three of them, they sort of fit the -the mold of a good intern.Sri:06:02So it was in some sense was a little hard initially to try and find an intern. So I think we have a talented group of interns working on two of the broad offerings that we have right now. One of them is Salt Net, that is trying to interpret salt bodies from seismic images, and one is called ARLAS that is curve completion and aspects of petrophysics that can be done on, on wells that are available in an entire basin. So, it's, it's been four weeks into the internship program and the interns, the interns are pretty smart. They're motivated and it's been a fun experience so far.Erica:06:43Is it a 12 week program in total?Sri:06:46It's around a 12 week program. Some of them I think are here for a little longer than that. So, one of them is, trying to build a tensorflow port of our salt network flow because tensorflow community comes with a bunch of advantages such as, like, ability to deploy, it also comes with a JavaScript library called tensorflow JS that that makes it easy to do machine learning in the browser. So we want to make use of that infrastructure and the community built infrastructure. And that's one of the reasons why, one of the interns is spending time trying to build, trying to put our workflow in onto tensorflow.Erica:07:29So if you guys had some advice to give to people looking to get into the internship program, would you have anything you'd want to let them know?Sri:07:37So from the perspective of data science internships, given that how fast the field is moving, especially for students looking for data science internships in, in the space of oil and gas, the first and foremost thing is having an ability to understand various aspects, various various sources of data or aspects of data in the upstream domain. Because, just to give you an example, somebody who's worked on deep learning of natural images throughout, the moment you try and apply similar algorithms onto seismic images, it's a completely different domain. So, what are the, what are some of the assumptions that you can make? And that's where having a strong domain background really helps.Sri:08:30And I think the second thing that is, that's becoming very important in the marketplace right now is, is with, with platforms like GitHub or, you know, various open source projects. You can actually showcase your code. So pick a problem, learn a few, learn some approaches or try out some novel approaches, and put out the code out there. Put that on your resume because that adds a lot of weight, in your, in your ability to make a case for an internship rather than somebody who hasn't, who says, oh, I have, I have a strong programming background, but there's no way for somebody who's evaluating the person to see the code. So that these days has become a really strong advantage for, for a lot of students. So a couple of the students that are working with us this summer, they actually have active GitHub profiles where they've posted code, they've contributed code, various projects and so on. And as a consequence, like we looked at their profiles and backgrounds and like, oh, this is an obvious fit to our group and this person also has a background. A couple of them were like Ph.D students in geophysics, so it's an obvious fit for our team. So it was, it was all, it was a no-brainer for us to get them to come work with us this summer,Erica:09:53Jason?Jason:09:53On the geoscience side, it's, it's quite a bit different really. A lot of the students that are in university going for, for geoscience and wanting to go into the oil and gas industry have mainly just academic experience. So we really just want somebody that can sort of get up to speed quickly with sort of what an explorationist in an oil and gas company would do is look at essentially what we're bringing them in to do is what a sort of a mini, really quick exploration studies on basins where they don't have to go full on to drill a well, but they still need to have the ideas behind it where they can use the data, they have to evaluate an area and come up to speed quickly with, with getting those presentations out. So having really good presentation skills and having just a background enough to be able to learn on their own and pick up concepts quickly really helps. We see that a lot with, since we do get a lot of our interns through their advisors at different universities, that that really helps. But it also doesn't hinder it. We've also had lots of students that have applied, that have came from different universities where we don't know the advisors and it's just a matter of them going through the interview process and showcasing that they're, they're able to get to speed quickly. So, anybody can really go, go and do this type of work if they have the, the ability to learn.Erica:11:14Awesome.Sri:11:14I think that's an interesting point that Jason brought up. The ability to learn things fast and, sort of the ability to, appreciate various data sets and trying to understand and bring them together. I think that's a huge advantage for, for students. And based on my interaction with students in our group as well as Jason's group, I think TGS this summer has a fabulous group of interns.Erica:11:43Okay. Well thank you guys for talking to us about the internship program and we're very happy to talk to your respective groups and see what they have to say. Thank you.Sri:11:52Thank very much.Jason:11:53Thank you.Erica:11:56I'm sitting here with our first group of interns from the data and analytics group. To my left, we have Michael Turek from Florida State University. His major is computer science. He has a B.S. In computer science as an Undergrad. What are your career goals? What are you working towards?Michael Turek:12:15Yes. So part of me taking an internship here at TGS was to help figure that out. And so, well, you know, my interests rely mostly in machine learning and things like this. So something pretty, along those lines.Erica:12:31Awesome. Well we hope you, we'll help you figure that out. While you're here. Going around the table, we have Lingxiao Jia from the University of Wyoming. Your major is geophysics and you're working towards your PhD studying seismic imaging, migration and inversion. What kind of career are you working towards?Lingxiao Jia:12:50I plan to work as a Geoscientist in the oil and gas industry.Erica:12:56Awesome.Lingxiao:12:56Yeah, I like to do programming, so mostly on that.Erica:13:06Cool. All right. And then to my right, we had Deepthi Sen, from Texas A&M, majoring in petroleum engineering, working towards your PhD, studying reservoir engineering. What's your career goal, Ms. Deepthi?Deepthi Sen:13:21I'd like to, get a full time employment in the oil industry, preferably working on something related to machine learning in reservoir engineering. So yeah, that's why one of the reasons why I'm here too.Erica:13:33Awesome. Yeah. Oh, we're glad all of you are here. So can you guys describe for us, the projects you're working on? I'm not sure if you guys are all working on the same project or if you're working on different projects.Deepthi:13:45We are working on different projects. So right now I'm working on something which, involves clustering well logs, into good and bad, sections.Deepthi:13:57I use machine learning and a few algorithms that I use for my graduate research too.Erica:14:04Very cool. What's a bad section?Deepthi:14:07A bad section as in, there are certain depths at which, certain well logs behave erratically so we want, do not want to use that data, so we have to cluster it out. So, in order to do that manually for, you know, thousands of wells, it's impossible. So that's where machine learning comes into play.Erica:14:27Very cool. Very useful too. Lingxiao?Lingxiao:14:32I'll be working on using machine learning to do the recognition of geoscience features. For example, there could be faults, it could be picking horizons, could be recognizing salt domes, something like that.Erica:14:48Wow. Very complex and over my head. (Laughter) I'm sure it's very important though. And you, sir?Michael:14:57Yeah, so I'm working on translating the models that TGS' data analytics team uses to predict salt patches in the earth. So they use, they use models written in a module called Pi Torch and I'm converting that to tensorflow 2.0Erica:15:17Cool. Very cool. So what have you guys learned along the way so far? I know this is kind of the beginning for you, but-Michael:15:28Yeah, so it's, it's somewhat difficult to- so much, is kind of the answer to that question. But a lot of what I've learned boils down to more of the theory side of machine learning. Coming into the internship I didn't know a whole lot about the backend of machine learning, mostly just applying it. So learning how all these models work and why they work and things like that in terms of, the actual actually applying machine learning. That's what I've learned. I've also learned though, perhaps more importantly, working with a team and collaborating and things like that, which has been-Erica:16:10So hands on, real-world experience. What do you guys say to that? Ladies, I should say (Laughter) to my right.Deepthi:16:17So as I said, the research that I do is again, on machine learning. So I get to use similar algorithms to another, I would say facet of oil and gas. So I worked in reservoir engineering back in Grad school. Here I'm working on, petrophysics, so I kind of see how the same algorithms and same concepts can be applied in two different, areas, which is quite eye opening. Yeah. And apart from that I'm learning new algorithms and learning new math, which, I would think that's very important for, for my Grad school too, so, one good thing about TGS is that, they are quite, you know, they don't mind, publishing. So as a PhD student, that's very important to me. So that's one thing I look forward to too.Erica:17:08Yeah. Awesome.Lingxiao:17:10For me, it has helped me get a deeper understanding of how much, how machine learning works and how it could be applied to the field of Geo Sciences.Erica:17:20Cool. So talking about TGS more broadly, like as a culture, how would you say it's like working here, if someone were to ask you from school, what's it like working at TGS? What's that company like? What would you say?Deephti:17:36It's a very friendly atmosphere and, it is different from Grad School, in the sense that, I think Grad School, hours are more flexible than in an industry environment. But then, the focus is different and this is more, you know, I would think this more social than Grad school and, you know, being here, this is my first internship in the US, the environment is very friendly and you know, people look out for each other it's great.Erica:18:15Cool.Lingxiao:18:15Yeah. People here are so helpful and the, I have had a great time. I really enjoy this internship by far. Yeah.Erica:18:26Awesome.Michael:18:26It's wonderful. You're working in small teams and so you get to know everyone pretty well. It's very tight knit and those people are smart and very helpful kind people. It's, it's, it's wonderful.Erica:18:37Cool. Any surprises along the way? Anything you weren't expecting?Michael:18:44So, no, I wouldn't say there's anything that surprised me. I mean apart from the environment I had a much more perhaps rigid definition of, you know, you go to work and do your job and that's kind of that, but it's much more relaxed and that was, I guess, somewhat surprising.Erica:19:01Okay. I like that. Yeah. How bad the drive was maybe?Deepthi:19:06Yeah, I stay close by.Erica:19:09That's good. That's the way to do it. (Laughter) Yeah. What are you guys looking forward to for the remainder of your internships?Michael:19:17Yeah, so I'm looking forward since I'm rewriting these, these models and an interface for them, it'll be exciting to see them, how they perform and also to actually see the data and analytics team using them and hopefully finding them useful.Erica:19:31Yeah to see value for what you're working on. Absolutely.Deepthi:19:34So I'm about to finish the first part of my project, so I would like to wrap it up, you know, produce some good results and maybe get a publication out of it. And after that, yeah, I have a plan for what is to be done next, regarding the same, using the same similar approach but in a different setting. Yeah. So I'm looking forward to that.Erica:19:59Can you tell us what the different setting is or is that classified?Deepthi:20:03I'm not sure. (Laughter)Erica:20:05Right. We'll leave that one alone.Lingxiao:20:08So doing an internship here at TGS is an amazing adventure. I learn and discover new things everyday and I feel time passes very quickly, and everything is moving at a timely manner. So it's pretty good.Erica:20:24Nice. So I think we kind of touched upon how you guys are going to apply what you've learned here, at your careers as you go forward. Is there any particular job title that you guys think you're going to go towards?Deepthi:20:44Yeah. I probably will be going for a data scientist role, or I can say because of my background in reservoir engineering, I can go both on the data and science roles or the reservoir engineering roles. But yeah, from my experience here, I would, I think I would prefer to go to the data and data science roles because, there are like lots of opportunities out there and, the experience that I've gained here, I, I think it's going to be very helpful finding a full time position later on. Yeah.Lingxiao:21:18I could consider becoming a Geoscientist in the oil and gas or becoming a structural engineer because I have a programming background.Michael:21:32Yeah. I wouldn't say I have any career title I'm, I'm seeking out, but perhaps data scientist, but I'm not sure.Erica:21:41So what advice would you give to the interns who are going to be coming behind you?Michael:21:46Yeah. So probably to just build strong relationships with the team that you're in. Learn as much as you can, as deeply as you can.Deepthi:21:58Yeah. I would suggest that before coming in, you can go through, or if they have a set plan for you. In my case they did. So I had read up and you know, known what I'm going to work on so you can, you know, straight away start working on the project you have a rather than, you know, spend a lot of time, reading up those things that can happen before you start the internship. And yes, once you're here, it's, very important to like keep in touch, you know, meet the mentors every day or you know, update them so you have a clear path that you need to, yeah.Erica:22:44Lingxiao?Lingxiao:22:44I would suggest to go talk with people and you see what everyone is working on.Erica:22:51So learn, learn what other people are doing as well.Lingxiao:22:55Yeah.Erica:22:55That, yeah, that makes good sense. So why did you guys apply for the internships here?Michael:23:05So I applied, cause I was just looking for an internship and I had heard that, well I had heard that, (Laughter)Erica:23:14Honest.Michael:23:14(Laughter) I had heard good reviews from people who I respect and and I knew that they had a new data and analytics team doing machine learning, doing things with machine learning. That piqued my interest. And so I told them I was interested.Erica:23:28So kind of diverge off of that. So what programs are you guys using? Like actual hands on programs?Michael:23:36Yeah. So, programs for me are pretty, pretty simple. I use, a coding ID, visual Studio Code, and an Internet browser.Erica:23:43Whoa, okay.Michael:23:46I do that to do my work.Erica:23:47Google and a calculator, alright.Michael:23:49Yeah, pretty much.Erica:23:52Deepthi?Deepthi:23:52Uh, what was the question again?Erica:23:56What programs do you guys use?Deepthi:23:59Again, I guess we are in the process of making a program, so what I use is just Jupyter, it's very basic.Erica:23:59It's built on Python correct?Deepthi:23:59Yes, it is Python, I use Jupyter ID, and I'm in the process of making something useful from scratch.Erica:24:22So lastly, would you guys recommend a TGS internship to your fellow students?All:24:27Yes, definitely. Yes. Yes, yes. Yeah. Awesome. Yes.Erica:24:34Okay. So open question to the table. What are you going to take back to your program that you learned from your internship here? Starting with Michael to the left?Michael:24:42Yeah, so I'm learning a lot about machine learning and so in computer science that's obviously going to be a direct parallel. I can take that back. But I really think that what I'm learning most here that I'll take back is just how to collaborate with people, how to talk with people in a team and work in that way. I think that'll -Erica:25:05Life skills.Michael:25:11Yes.Erica:25:11Lingxiao?Lingxiao:25:11So, since machine learning in such a hot topic. Now, the work that I did here could be really extended into a project in my PhD research. So, yeah I'm currently working on that.Erica:25:28Awesome. Deepthi?Deepthi:25:29So right now we're working on a clustering of time series data. So my, one of the projects that I'm working, at my Grad school is also on time series data, and I think I might be able to, you know, use the insights that I gained from, from TGS, directly to my, research. So that's something that I'm looking forward to.Erica:25:52Awesome. Okay, well thank you guys for talking with us today and I guess we'll let you get back to work now.Michael:25:59Thank you for having us.Deepthi:26:00Thank you.Lingxiao:26:01Thank you.Erica:26:01And now our last group for this episode, the geoscience interns.Erica:26:08Going around the table clockwise, we have Sean Romito. You're from the University of Houston, majoring in geology. You are working towards your PhD and you are studying magnetic basement structure of the Caribbean plate, tectonostratigraphy of South Gabon and Camamu-Almada conjugate basins. I totally know what all of that means. What career are you working towards?Sean Romito:26:35Oh, hello. Thank you for having me. Definitely exploration Geoscientist, this is kind of where I've been propelling my career, ever since I started with a bachelor's and I've just kinda been stepping towards that goal.Erica:26:51Awesome. All right. Now we have Geoff Jackson from the University of Louisiana at Lafayette Majoring in petroleum geology. Your program is a master's degree and you graduated last spring. Congratulations!Geoff Jackson:27:07Thank you!Erica:27:07You studied a prospect lead off of a salt dome in southern Louisiana, and you cannot give us any more details than that.Geoff:27:14Unfortunately yes.Erica:27:14Very mysterious. So what, what are your career goals?Geoff:27:19Uh, similar to Sean's I was going to say, I can probably speak for the group here, but we're all just trying to be geologists and getting on with an operator, going to say probably best case scenario.Erica:27:28Awesome. Next we have Hualing Zhang, from the University of Houston, majoring in geology, working towards a PhD. And you're studying structural analysis and gravity modeling in the Permian Basin in West Texas. And you are originally from Urumqi, Northwest China and you got interested in geology about traveling around. That is so cool. So is your career goal the same?Hualing:27:53Yeah, basically similar, I'm working towards a career goal in the oil industry. Yeah. Since, like, my dad is also a geologist. Yeah. He works in PetroChina. So yeah, that's also my career goal.Erica:28:08Awesome. Yeah. Awesome. All right. And lastly, Cahill Kelleghan from Colorado School of Mines, majoring in geology. You're working towards a Masters of science and geology, and you're studying sedimentology and basin analysis / modeling with your thesis being in the Delaware Basin. So career goals?Cahill:28:28I'm pretty similar. I like to be in exploration geology and I really like sedimentology. So yeah, just applied geo science.Erica:28:36Awesome. Cool. So can you describe for us the projects that you guys are working on this summer? Same project or different project?Sean:28:46TGS has kind of tasked us with, I'm putting together some potential prospects or ideas of places we can look and most of that's going to be happening, well, we think it'd be North America and North American basins. And so we've kind of gotten access to some of their pretty amazing software, access to a lot of different databases and kind of putting that all together for a big picture of something useful that they can hopefully use from our projects. So I don't know if you guys want to add anything.Geoff:29:15Yeah, I mean, for one thing with these projects that's been very helpful to leverage the software that TGS has, specifically Longbow and access to their wealth of onshore well data that they have there. So we've been kind of bringing all of that together to generate these areas where we think that we should move further into as a company.Hualing:29:40Yeah. Also the first two weeks we're like working separately. We each have a study area and it's just a information gathering and doing researches and moving forward. Right now we are working in pairs. So, me and Geoff, we are working on similar location and to do like a research in a more detailed way. Yeah.Erica:30:05So you guys mentioned the software programs you're using. So aside from Longbow, what other programs do you use?Cahill:30:14Um, a lot, a lot of work in Kingdom. But Longbow yeah. Longbow and Kingdom. I'd say probably the big two. Yeah. yeah.Sean:30:25Any, I mean, any time you talk about geology, Arc Gis is going to come up. So we've definitely been using that a lot as well.Erica:30:32Okay. And is that different than what you were familiar with, from school or is this the same training that you had?Sean:30:39Well, Longbow is completely different. You know, even looking at production data is not something that I, you know, geoscientists when we ever, we go through academia, we even get exposed to. We use Kingdom. But I think it's, it's more of on a limited basis. I've, I've really been able to work a lot with, the, the well interpretation suites here at TGS that I hadn't worked with before.Erica:31:03Cool. How do you, do you find that challenging or kind of a natural extension of what you are already working with?Sean:31:11I mean, I, yeah, challenging, interesting, different. The team here, the geoscience team here has been very helpful, with the different, features. I'd say there are bugs. Some people might say they're features with the Kingdom software. (Laughter) but I'd say challenging. Yeah, but, but in a good way, not, not as a, you know, wringing out your hands kind of way.Erica:31:33So what else have you guys learned besides Longbow?Geoff:31:37I think for me is just kind of seeing just like what a day-in and day-out sort of process is like. So like having worked in the field, I never walked, I've never worked in a corporate environment before, but just kind of seeing how teams integrate and work together, it's going to say I've never seen that portion before. And so for me it's been fun, you know, going from classroom and then getting the actual hands on application of what we learned in the classroom. That's what's been fun for me so far.Erica:32:01Anyone else agree? Agree, disagree?Sean:32:03I agree. Yeah. No, I mean another thing that I feel a lot of us, especially me and with my Phd projects, they're very wide scale. I'm not talking about basins, I'm talking about plates. And so it's been very rewarding to kind of zoom in. Even if we are still basin scale, that's a lot smaller than I'm used to. So I'm able to kind of get lost in the details more than I would in a very large scale study.Hualing:32:28I think also a good thing is we learn from each other. Like where were you working together? Yeah, we're getting familiar with the software and if any of us found something and others will get around and see what we found. And I think that's very important for us to learn.Erica:32:48Yeah, absolutely.Cahill:32:50Yeah, I think kind of going off that as well and we obviously us for come from different backgrounds in Geo Science and what we've worked in and we kinda bring those backgrounds and each of our own projects and we kind of can come together and help each other out in different areas that we might not be more experienced with, like certain, well log interpretations or mapping things, stuff like that. So, so yeah, it's, it is helpful to have a team.Geoff:33:14Good overlap.Erica:33:14What's it like working at TGS, culture wise? The people, the food?Sean:33:22(Laughter) well they treat us well hereGeoff:33:24I was gonna say no complaints there. Yeah, I mean getting started in know there's always a learning curve, but I mean I guess as much of a learning curve as there could be, you know, everyone around here has been as helpful as possibly could be, you know, to help make that climb that much less steep, if that's a good way of wording it. But that's kind of what I would think.Cahill: 33:43The food is definitely good. Healthy. I like it.Sean:33:45Can't complain about free lunches.Cahill:33:47Yeah. But, but I mean I think the culture here is really, everyone's been extremely nice and even just within the geoscience team, a lot of nice guys; Cian and Alex, they've been so helpful with any questions we have, whether it be geology related or software related, and we've had company outings already. Going on Top Golf is super fun. Everyone's very open to meeting different branches and whatnot. So that was really fun.Erica:34:12Why did you apply? Did it, for TGS' internship program in particular?Sean:34:17Well. Yeah. So, our professor, me and Hualing, we have the same, advisor at the University of Houston. Dr. Paul Mann. And he was actually the one that reached out to us because, James, the head of the Geoscience Department here, had reached out to him looking for good candidates. and he had asked us if we wanted to, to join up. We, we kind of, you know, we researched it. We, I was, I talked to James on the phone and it just seemed like something, so different from what I was doing at the moment that I felt like it was a great opportunity to jump back. And it, I have absolutely no regrets.Erica:34:54Awesome.Geoff:34:54Yeah, my story is pretty much the same thing. My thesis advisor was, was good friends with James K and so he reached out to me and saying, pretty much the same deal as him. Looked into you guys, obviously cause say Jason, I met you before. So that, and also, the interns from last year, I was going to say I was good friends with them too. So I knew what they did. And so, here I am.Erica:35:17Any surprises along the way? Anything that you weren't expecting that you've encountered during your time here?Cahill:35:25I guess one thing is, it shouldn't be surprising, but I'd always is that I'm working with really big data sets. There's always lots of errors you have to put up with. And even with the amazing technology we have, there's always, there's always a human aspect to it, that's always interesting, that we've dealt with in our data at least so far.Hualing:35:44I think for me it's the flexible working time and my, yeah, he didn't request a specific time to be here or like a specific time to leave. So that's like really helpful for my schedule that I can make adjustment along and try to see by what time range works best for me. Yeah.Geoff:36:08Yeah, that's definitely been nice. I feel, like you said having to commute from Spring. I was going to say, getting to come in maybe later or earlier as need be. It's always definitely nice to dodge that traffic.Erica:36:22What are you guys looking forward to working on for the remainder of your internship here?Geoff:36:27Well, I'm really excited to see the end product of what we're doing, especially because, we're going to be presenting it to upper management, and presenting it to our, our geoscience team as well. I think that's really going to help bringing it all together. Cause right now we know we're all working on our separate areas as well. I mean, we're still two teams in a certain area, but it's still very much our own work. And so that, that finish line I think is going to be where it all comes together and I see more bigger, I see a bigger picture than maybe I'm seeing right now.Geoff:36:57Yeah. I think one aspect that I like about is, it's not just busy work. You know, we're actually adding value to the company with an end result. Kind of like what Sean said.Erica: 37:06No making coffee?All:37:08(Laughter) Danggit. For ourselves, we make coffee for ourselves.Erica:37:14Um, what advice would you give to other students wanting to intern here?Cahill:37:20Say like, don't be afraid to get into anything that you're not experienced with. Whether it's geology or software related. Since coming here, I feel like you can learn a lot from a lot of different people and there's a lot of different backgrounds here and people are all open to helping you or talking about their passion and their little branch of geology or geoscience. And so I would say don't be afraid to ask questions and go up to random people and say, hey, what do you do here? And what are you into? Because chances are they're happy or passionate about their job and you can probably learn something from it.Geoff:37:54Yeah. Maybe to add onto those, don't feel like you have to know everything beforehand coming in. Cause I mean you're not, no one's gonna know everything. Kind of like what Cahill said, there's plenty of resources around. You don't feel afraid to ask. No. Everyone out here is more than willing to give their time to help you out for what you might have a problem with. And we've had that reiterated to us time and time again. So, I mean, it's been nice to know.Sean:38:17Hmm. And, I don't know if before we talked about how we got the internship, and I feel personal connections are the biggest, you know, it's not about going on a website and clicking apply. It's about going to the conferences and meeting people from TGS and they're extremely friendly. We've all seen that firsthand. So I'd definitely recommend, and I, I would recommend it as well that you would get an internship with TGS, but just go up and see them during conferences, talk to them, ask them about opportunities, say, Hey, what are you guys doing? Be interested. and even if you don't get something out of it, that's fine. You're still gonna make connection, connections and learn about where the industry's heading.Hualing:38:53Yeah, I definitely agree with Sean, cause I met Alex on with, the person, our geoscience group, we met during the AAPG meeting at San Antonio and I talked to him and, he talked to me about his project and what I may be expecting for my interns. I think that definitely helped. And yeah, when I first day, when I came here, I saw him as, hey, yeah, that's, yeah. I feel like familiar and yeah, I'm more easy to get along. Yeah.Erica:39:28What have you gained during your time here at TGS that you're gonna take with you as you continue your studies and your career?Sean:39:36Everything we just talked about. Yeah, no, I mean that, that's a good sum up question. So the, the connections we've made with all the people here, not just in the Geo science team, every, every other team that there has that there is at this company. All the skills that we're learning with these different programs, the different perspectives we're getting because we're looking at, again, not just geological data, we're looking at, these problems more holistically. All that and above, I think is what we're going to take with us.Cahill:40:02Yeah. I think, you pretty much nailed it on the head. It's seeing the, the geoscience in an actual industry application in its own way. It's a lot of different moving parts coming together for an end product that's ultimately valuable and generates business. And then seeing how that works, you know, if on a fundamental level that's, that's pretty interesting and being able to be a part of, it's pretty cool. So.Erica:40:27Well, awesome. Well, thank you guys for being here. Thank you for talking with us today, and we'll let you get back to work.
Welcome back to another episode! This week’s episode is our First Friday Q&A for May. You ask the questions and we answer them. Big thanks to everyone who wrote in. If you want to get a question answered for next month’s FFQA, click the link below. Enjoy! Have a question? Click here to ask. Show Notes & Links: RSVP for the May Happy Hour Questions: Good day! I have just discovered your podcast and was really impressed with the amount of valuable information you have provided in regards to the listeners’ inquiries. So I thought I would do the same and ask a few questions that pertain to the bidding phases before the project. I have searched high and low for detailed information (public information) and I keep hitting a wall with bid solicitation software or memberships. * Are there any “public” bidding informational sources that pertain to oil and gas projects? * What are the process of bidding on projects? * Once there is a bid winner, what are some of the ways of announcing to contractors the opportunity for proposals? Thank you for your time and keep up the great work! O&G Weekly Podcast team, I have two questions regarding significantly different topics: * With proposed steel tariffs poised to impact the bottom line of upstream and midstream, are there high-grade plastics, Kevlar's, or alternative materials that can be utilized for pipeline, facilities, or downhole tubing that are safe and cost effective? * With increased scrutiny of flaring secondary gas in the Permian, how do you see companies in The Basin evolving to deal with the higher than expected gas cuts from “Oil” wells? Natural gas EOR (like EOG in the Eagle Ford), virtual pipeline or pipeline infrastructure, electric generation, natural gas to liquids facilities, etc.? Keep up the exploration and transmission of technology and business information for all the knowledge hungry consumers out here. Southwestern Energy announced the potential sell of their Fayetteville Shale assets early this year. With declining natural gas prices who would be interested in the Fayetteville Shale? What's the future hold for the Fayetteville and other dry gas plays? Do y’all have any concrete examples/case studies of a turnaround in safety performance and culture by changing management in the safety department? I am a petroleum engineering major at A&M and will be having my second internship this Summer in New Mexico focusing on the Delaware Basin. For all of the young'n's listening as well, would y'all mind offering some advice to have a successful internship and land a return offer? Thank you! I really enjoy listening to your podcasts! I’m a first-time listener to your recent podcast where you do a Q&A session. I loved it and would like to seek advice from two veterans of podcasts on how to go about starting my own podcast. I’m passionate about the environment (in particular, water resources) and would like to start a podcast on this industry with influences from engineering (my degree is in water and environmental engineering). How do I go about setting this up, please? First off, great show. Started listening over a year ago while still at Montana Tech. It made it easier being connected to the industry while in such a non-industry area. Butte, great for outdoors and scenery, horrible for hands on oil and gas. Now, living in Houston, I have a new perspective of your show, what with being in the heart of it all.
Workplace Wellness Dr. Robert Nielsen, Nielsen Counseling Services Dr. Robert Nielsen, Nielsen Counseling Services, talks about why he chooses to only have a handful of clients, while focusing more on the non-work related parts of life. Energy Economy John Brda, CEO, Torchlight Energy Services John Brda, CEO, Torchlight Energy [...]
Here are the articles we discussed on episode 31 of the Texas Oil and Gas podcast. For more, visit www.globalenergymedia.comLilis Energy to buy 4K acres in Delaware Basin for $45M - http://bit.ly/2ztsBVoNorth American Shale Magazine - EPIC, BP sign agreement on Permian, Eagle Ford NGL pipeline - http://bit.ly/2zuEBpsMethane Emissions from Texas Oil and Gas Continue to Decline - Texans for Natural Gas - http://bit.ly/2ysnK6XHow Trump's Tax Proposal Could Affect Oil and Gas - http://bit.ly/2gJzgmv
Here are the articles we discussed on episode 31 of the Texas Oil and Gas podcast. For more, visit www.globalenergymedia.comLilis Energy to buy 4K acres in Delaware Basin for $45M - http://bit.ly/2ztsBVoNorth American Shale Magazine - EPIC, BP sign agreement on Permian, Eagle Ford NGL pipeline - http://bit.ly/2zuEBpsMethane Emissions from Texas Oil and Gas Continue to Decline - Texans for Natural Gas - http://bit.ly/2ysnK6XHow Trump's Tax Proposal Could Affect Oil and Gas - http://bit.ly/2gJzgmv
Hydrofracking in the Delaware Basin; guest Jonathan Ben Gordon, Cantor of Woodlands Community Temple.
Hydrofracking in the Delaware Basin; guest Jonathan Ben Gordon, Cantor of Woodlands Community Temple.