Energy 360 by EnerCom

Cyber security has never been more important, both from a physical hardware, and software side.  Stuart Turley (Director and Publisher of www.oilandgas360) sits down with Phil Neray (VP of IoT & Industrial Cybersecurity at CyberX) to talk all things oilfield cyber security.

For all things Oil and Gas 360, visit us on the worlds great website www.oilandgas360.com

Steve Reese, CEO, Reese Midstream Report stopped by to visit about the current state of the Midstream business during Covid. Even after just a few moments, I knew that his years of experience, and industry knowledge, fit the title of Energy Expert to the tee.

While covering the current events in the Midstream space, we also touched on the next phase of the green revolution. Midstream will play an important part of the "Green" movement through transportation of hydrogen in a cost-effective existing infrastructure.

"So natural gas is here to stay. And I think it will be used in various, you know, different arenas. I do continue to see it to replace possibly coal in some areas and maybe nuclear in some others. But. And, you know, we're very much behind anything here that makes the environment a better place for all of us and our descendants. But if you look to the recent past, the reason, the main reason we have a better environment and cleaner air than we had 25 years ago is specifically the use of natural gas." - Steve Reese - Reese Midstream Report

Steve, thank you for stopping by our place. We had fun, and look forward to our next visit

About Steve Reese:

After successful careers with Getty Oil Company and Texaco, Steve Reese founded Reese Energy Consulting in 1994, which provides a broad range of oil, natural gas, NGL and LNG services for producers, midstream firms and end-users across the nation. Our team of industry experts and years of specialized experience are nationally recognized for our unique strengths in energy research and project planning, engineering and design, and full-service energy marketing. Visit us at www.ReeseEnergyConsulting.com.

Texas has always been involved in the energy space, but few women have had the impact like Elizabeth Ames Coleman. A two time Chairman of the Texas Railroad Commision, and Member of the Texas House of Representatives. Blanca Andrus, CFO, EnerCom, and Elizabeth have a great conversation about growing up around energy, some history, and current issues around the oil patch.

Thank you Elizabeth for stopping by and visiting with us!

Bio:

Elizabeth's distinguished career has included: Member of the Texas House of Representatives; Chairman, Railroad Commission of Texas; Senior Policy Advisor, Squire Patton Boggs; and currently is a Principal at EnergyNorthAmerica.

In the Energy space there has been a history of lower diversity percentages in management. This is in the process of changing, and with leaders like Laura, it will be moving forward.

There are several key initiatives that Laura and Blanca talk about in this interview. Two of the initiatives are having a mentor, and take chances. Learn from other successful women in leadership roles, and in turn, mentor other women yourself.

Taking chances can include getting experience in areas like operations or field work. Always bring your “A” game to the job. You never know with who you will interact, and the impact that can follow.

This inaugural Women in Energy  interview with Laura Preng, Consultant, Preng & Associates and Blanca Andrus, CFO, EnerCom was a real pleasure to help produce.

Thank you Laura for stopping by, we had a blast.

Laura Preng Bio:

Laura joined Preng & Associates in 2011 after working several years as a recruiter for another energy recruiting firm and has led engagements in the upstream, downstream, midstream, and service and equipment sectors. Prior to entering the search industry, she spent more than twelve years honing her interviewing skills as a television news reporter and anchor for the CBS affiliate in Jackson, Mississippi, and the NBC affiliate in Nashville, Tennessee. As a reporter, Ms. Preng covered politics and breaking news stories and was recognized by the Associated Press with a number of awards, including best investigative and spot news.

The responsibility of corporate management is protecting all stakeholder’s equity. In our “wild and crazy 2020” that is a tall order. Board members and corporate executives must rely on industry leadership and hedging.

I have had the pleasure of seeing the experts at Aegis demonstrate their expertise and ability to protect the stakeholders. Matt Marshal, Market Analytics, Aegis, has been presenting on the Haynes and Boone Energy Tracker series and has covered some gigantic industry issues. Aaron Vandeford, President, EnerCom and Matt cover some of the key data points in this exclusive Energy 360 interview.

Matt, thanks for stopping by, and we look forward to seeing more from Aegis around the expertise required to protect stakeholders.

Matt Marshall Bio:

Matt leads the market analytics and research development efforts for AEGIS. He brings over 20 years of experience in energy markets research, trading, technology deployment, and management consulting.

LinkedIn: https://www.linkedin.com/in/mattmarshallmarkets/

As we went through our interview covering  "Hanesville and Appalachain - Gas Focus" with Rob McBride, Sr. Director, Enverus, the numbers confirmed that pure gas plays are set to rise.

Appalachian – Marcellus and Utica ➢ Rigs have fallen off in the Appalachian, but there are still rigs running and new wells being drilled. Production is expected to continue to climb in the Marcellus and Utica. The Mountain Valley Pipeline (MVP) is expected to come online in early 2021, which will add 2 Bcf/d of takeaway capacity to the region and send gas to the Transco Zone 5 region. Should MVP meet the same fate as the Atlantic Coast Pipeline, which was cancelled in early July, pipeline bottlenecks could be seen in the region as early as mid-2021. Enverus does not expect this to happen.

Haynesville: ➢ With the drop in crude oil prices, higher natural gas prices are needed to make pure gas plays economical. Higher gas-directed production will offset the production losses from associated gas in order to meet demand in the US. As production grows, additional takeaway capacity is needed from the play. At least four pipeline projects have been proposed to transport gas from the Haynesville to demand in the Gulf Coast.

Rob, thanks for stopping by and visiting with us about your team's newest report! Check the link below to download the report, or contact Rob.

When companies are trying to watch every penny, the armchair quarterback is not even an option. The older management style of being reactive has to change to survive. Andrew Bruce, President & CEO and I were able to sit down and cover the Real-Time Lease Operating Expenses business issues.

In one case study we talked about, the gross annual savings was at an estimated $4.4 million dollars. One thing I can say about Bruce is that he knows numbers, and technology. This is a very cool interview about how the big boys save the real bucks.

"... companies rely on P&L to tell them the score, but by then it's too late to make corrections. A Profit and Loss statement is a trailing indicator...With a Scorecard however, you can change the future". Gino Wickman - Traction.

Bruce, as always, thank you for stopping by, Michael and I had a blast while seeing what blockchain and LEO can do.

Visit DataGumbo online at www.datagumbo.com

We had the opportunity to sit down and visit with Ron Gusek, President of Liberty Frac to discuss the technology, ESG and the current business deal with Schlumberger. On The Digital Closing Bell, Michael Tanner and myself have had the opportunity to use Liberty as a industry leadership example for our listeners on how oil field service management should handle their corporate obligations to all of their stakeholders.

Ron covers some of the key differentials of the Liberty, culture, employee programs, and management leadership. They are constantly striving to hit the stated goals for all participating stakeholders. Liberty has been in front of the ESG curve, even before it was fashionable. Anyone that believes in their frac fluid is environmentally sound, should prove it. Well the team did just that, they lined up and drank the fluid on a video. That's commitment to the environment.

This interview was clearly fun for both Ron and Michael, and covered all of the updates from Liberty. Thank you Ron for stopping by, we had a blast.

Check out the full interview landing page: https://www.oilandgas360.com/exclusive-360-energy-expert-network-video-interview-liberty-frac/

We had the opportunity to sit down with Bernadette Johnson, Vice President, Strategic Analytics to talk about their report "Midstream: Financial and Regulatory Update". Our interview covered some of the most concerning issues currently around Midstream. Let's see: Bankruptcies, M&A, Capital Raises, Dakota Access Pipeline, and the Atlantic Coast Pipeline.

"There were no trends in Q2 bankruptcies that related to region or gatherer, but there will be undoubtedly be many stakeholders and regions impacted as bankruptcies continue."

Well the good news is that there is no individual region that is singled out, the bad news is that everyone is still in the game for bankruptcies. The regulatory discussion points were very timely with all of the political activity.

Thank you for stopping by Bernadette! As always we are thrilled to hear your insights, and Michael still thinks your a rock star.

*Bernadette also just recently had a fantastic presentation at The Oil & Gas Conference earlier this month.

Dr. Ricky Misiaszek and I were able to sit down and cover a huge issue involving remote energy projects and Covid-19. There are gigantic energy projects around the world being funded by stimulus dollars from almost any government that can afford to print money. (and even those that cannot afford it). These projects are in harsh remote areas of the world, and health concerns are important even without the current pandemic issues. They are wind, solar, oil and gas, on shore and offshore. The common theme is a tough work environment compounded by a pandemic.

Remote Medical International (RMI) has customers in over 120 countries and is involved in every aspect of keeping employees medically safe.  We talked about SOP and new procedures that they have implemented to battle the virus.

Dr. Ricky, thank you for stopping by and talking about this huge topic. I had a blast and look forward to following up with you.