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Pushpendra Mehta meets with Paul Galloway, Senior Director, Advisory Services at Strategic Treasurer, to review the latest treasury news and developments. Topics of discussion include the following: 1:40 Part 1: Top 8 areas of priority for corporate treasury in 2024 10:54 ING to ditch upstream oil and gas business by 2040 19:05 Asian Development Bank bullish on growth in India and China 24:26 China uses digital yuan for gold cross border payments
Global upstream oil and gas spending is tracking $545 billion this year, up from $497 billion in 2022, based on data from 140 public companies and our estimate of private operators' spending. The latest investment guidance is up 82% from 2020 lows, although still 22% below the 2014 peak. Similarly, producers are on track to complete 59,000 wells globally this year—a 33% decline from the 88,000 new wells put into production in 2014. Yet, total oil supply has risen by about 4% during 2014-2023. For scale, a 103% surge in capex between 2006 and 2014 resulted in a 7% global crude and condensate production growth. A key reason behind the stable production profile despite both investment and well activity levels dropping significantly since 2014 is the declining unit costs due to efficiency and productivity gains. While we find today's ~$500 billion investment in upstream O&G supply healthy, we estimate that capital spend needs to stay at the current level in order to satisfy demand in 2030. Speaker: Natasha Kaneva, Head of Global Commodities Research This podcast was recorded on 27 Oct 2023 This communication is provided for information purposes only. Institutional clients can view the related report https://www.jpmm.com/research/content/GPS-4519242-0 for more information; please visit www.jpmm.com/research/disclosures for important disclosures. © 2023 JPMorgan Chase & Co. All rights reserved.
In this episode our host Elena Melchert and Uduak-Joe Ntuk discuss upstream oil and gas in California including Mr. Ntuk's insights as California's former chief petroleum regulator More information about E-CET can be found at https://ecet.usc.edu/ This episode is made possible by TechnipFMC Click here to take it one question survey and receive OGGN hardhat/laptop stickers Brought to you on Oil and Gas Global Network, the largest and most listened-to podcast network for the oil and energy industry. More from OGGN ... Podcasts LinkedIn Group LinkedIn Company Page Get notified about industry events
On Tuesday's show: Texas added 5,100 upstream oil and gas jobs in February, the highest spike in more than a decade and the second highest jump more than 30 years, according to the Texas Workforce Commission. Why? Also this hour: Harris County Commissioner Rodney Ellis talks about issues affecting the county and answers listener questions. Then, we learn about some of the rare species of wildlife that have been spotted around Texas recently. And poet Nikki Giovanni shares what advice she gives to aspiring writers at Prairie View A&M University and explains why a South American bat was named after her.
In this episode, we define 6 key terms in oil and gas automation and explain why and how they are used. PLC RTU I/P Positioner Transducer Solar Panels AC/DC Resources mentioned in this episode: https://kimray.com/training/6-key-terms-upstream-oil-and-gas-automation https://kimray.com/training/electric-valve-controller-easy-first-step-oil-and-gas-automation
This week's episode of the Oil and Gas Accounting Podcast is part two of a series in which Tom and Phil dive into the different software applications available to operators and accountants in the industry. This weeks features Brent Rhymes, CEO of WolfePak Software. They discuss the different pain points that this software addresses and how they are changing the game for smaller operators using automation.Highlights:1:37 Brent Rhymes, software developer and four time CEO4:02 How WolfePak got started6:09 The problems WolfePak solves in the upstream industry8:52 The importance of automation11:28 Solutions for midstream users14:23 Other industry segments that WolfePak serves18:52 New product announcements20:28 Who WolfePak software is best for About Brent Rhymes:Brent Rhymes is the chief executive officer of WolfePak Software, where he has served since 2017. Prior to WolfePak, Brent was the executive vice president of sales and marketing for Synacor, and before that, Brent served as the CEO of Zimbra (sold to Synacor), CEO of iWave Software (sold to EMC), was the co-founder and vice president of FileKeeper (sold to Yosemite Technologies) and CEO of Software Realization (sold to NetIQ Corporation). Brent started his career as a software developer, consultant and manager with stints at Microsoft, IBM, Exxon and NASA's Johnson Space Center (IBM contract). He brings more than 31 years of software executive leadership to the team.Brent received his BS in computer science from the University of Tennessee, Knoxville, and his MBA from the University of St. Thomas in Texas. He currently lives in Abilene and owns Rancho de Rhymes, LLC, a small-scale cow-calf cattle ranch located in West Texas.Connect with Brent:https://wolfepak.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.About COPAS:COPAS provides expertise for the oil and gas industry through the development of Model Form Accounting Procedures, publications, and education. We are a forum for the active exchange of ideas which result in innovative business and accounting solutions.Find a society near you.www.copas.org
Guest: Dale Nally - MLA (UCP) - Morinville-St. Albert & Associate Minister of Natural Gas & Electricity. See omnystudio.com/listener for privacy information.
In today's daily round-up of export, trade and commodity finance news, TXF's Max Thompson covers the latest stories and trends across the market: Administrators to collapsed firm Greensill Capital’s UK business said it had $17.7 billion in assets under management at 8 March, of which $3.7 billion has been collected as of 16 April The Asian Development Bank will no longer finance coal mining or oil and natural gas production and exploration, it announced in a draft policy statement. KDB, Kexim are to invest in a new South Korean fund Like what you hear? Hit subscribe to stay up to date and for all the latest news online visit www.txfnews.com today.
Jack Walker and Paul Atzemis discuss a brand new technology brought to you by Carboline, Supoxy based coatings. The duo discusses the latest technology while introducing the first product in the line: Plasite XHT 400, designed to coat fire tubes on upstream process vessels. Paul and Jack also explain how fire tubes work and why coating them is challenging. 0:00 – Intro and second takes 1:25 – The goal of the Carboline Tech Service Podacst 2:16 – The new Supoxy technology and Plasite XHT 400 3:30 – Fire tubes in upstream oil and gas process vessels 4:50 – Phase separation within upstream oil and gas process vessels 6:15 – Gas phase within the upstream oil and gas process vessels 7:02 – Steam coil heating versus fire tube heating 8:33 – The development of Plasite HT 400 10:29 – Application benefits of Supoxy technology 11:17 – A different way to think about being “greener” with coatings 12:17 – Wrap up Subscribe via iTunes, Google Play, or Spotify. Find out more at https://carboline-tech-service-podcast.pinecast.co
Today Dereck Stubbs joined us in our upstream oil and gas talk. We dove headfirst into the topic and covered a lot of ground in a short amount of time. Mike was apparently feeling a little quiet today, but hey no worries. Tune in and follow the series this season titled, "well to wall." --- This episode is sponsored by · Anchor: The easiest way to make a podcast. https://anchor.fm/app
In this inaugural edition the Dell EMC Energy PowerChat podcast series, David Holmes, Dell EMC's Energy CTO, reviews the challenges and solutions in managing the varying types and sheer quantity of data used in oil and gas exploration and extraction. Note: This is part two of a two part podcast.
The transition toward a lower-carbon energy world puts traditional fossil-fuel based producers under growing pressure from shareholders and the general public. Chris DeLucia joins this episode to share how upstream oil and gas players around the world have responded.
Thanks for listening to the Upstream Intelligence Channel on the EKT Interactive Oil and Gas Podcast Network. Implementing IoT in Upstream Oil and Gas A 16-minute discussion with Ed Abbo, President and CTO of C3 — a leading software technology innovator in digital transformation through use of predictive and prescriptive analytics to improve upstream oil and […] The post Implementing AI & IoT at Scale Across Upstream Oil and Gas – with Ed Abbo, President and CTO of C3 appeared first on EKT Interactive.
Thanks for listening to the Upstream Intelligence Channel on the EKT Interactive Oil and Gas Podcast Network. Implementing IoT in Upstream Oil and Gas A 16-minute discussion with Ed Abbo, President and CTO of C3 — a leading software technology innovator in digital transformation through use of predictive and prescriptive analytics to improve upstream oil and […] The post Implementing AI & IoT at Scale Across Upstream Oil and Gas – with Ed Abbo, President and CTO of C3 appeared first on EKT Interactive.
Thanks for listening to the Upstream Intelligence Channel on the EKT Interactive Oil and Gas Podcast Network. Implementing IoT in Upstream Oil and Gas A 16-minute discussion with Ed Abbo, President and CTO of C3 — a leading software technology innovator in digital transformation through use of predictive and prescriptive analytics to improve upstream oil and […] The post Implementing AI & IoT at Scale Across Upstream Oil and Gas – with Ed Abbo, President and CTO of C3 appeared first on EKT Interactive.
Thanks for listening to the Upstream Intelligence Channel on the EKT Interactive Oil and Gas Podcast Network. Implementing IoT in Upstream Oil and Gas A 16-minute discussion with Ed Abbo, President and CTO of C3 — a leading software technology innovator in digital transformation through use of predictive and prescriptive analytics to improve upstream oil and […] The post Implementing AI & IoT at Scale Across Upstream Oil and Gas – with Ed Abbo, President and CTO of C3 appeared first on EKT Interactive.
In this episode of the Oil and Gas Sound Off Podcast, Joe Perino discusses how the Internet of Things is evolving in upstream oil and gas. What is the Internet of Things, or IoT? According to Wikipedia: The Internet of things (stylised Internet of Things or IoT) is the internetworking of physical devices, vehicles (also […] The post Internet of Things in Upstream Oil and Gas appeared first on EKT Interactive.
In this episode of the Oil and Gas Sound Off Podcast, Joe Perino discusses how the Internet of Things is evolving in upstream oil and gas. What is the Internet of Things, or IoT? According to Wikipedia: The Internet of things (stylised Internet of Things or IoT) is the internetworking of physical devices, vehicles (also […] The post Internet of Things in Upstream Oil and Gas appeared first on EKT Interactive.
In this episode of The Drill Down, Marty Stetzer sits down with John Farina. John Farina is a true upstream oil and gas expert with almost 50 years of experience. His experience with oil majors, independents and as a consultant gives him a well rounded view of the industry and how current trends are affecting […] The post Drill Down Talks With John Farina, Upstream Oil and Gas Expert appeared first on EKT Interactive.
Gavin Keeler, Global Energy vertical lead at NetApp, discusses specific trends and data management challenges in the oil and gas industry and makes recommendations for building a scalable and reliable data management strategy.