July 19, 2017

First Friday Q&A on Oil & Gas This Week – OGTW118

43 minutes

Welcome back to another episode! This week’s episode is our First Friday Q&A for March. 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:

2017 on the road sponsors:

Totaland

The World’s Most Advanced Field Land Management System

The Landman’s Virtual Office

https://www.totaland.com

Lee Hecht Harrison

As global experts in talent management, LHH is currently helping 75% of the Fortune 500 Oil & Gas companies simplify the complexity of leadership and workforce transformation.

http://www.lhh.com

API-YP Events

Questions:

I hear you keep saying that sales and marketing folks need to be on social media. Could you please elaborate on this in a little more detail? I am a millennial and I understand social media, but B2B on social media is not quite as straight forward as B2C. For starters, many of my customers are not on social media. And secondly, those that are on social media are on it for personal interests and not for business. I suppose LinkedIn is considered the B2B social media, but it seems like the only people who are active on it are other salesmen. The customers are active on Facebook, Twitter, and Instagram. Is this a fair assessment? And how do I reach them effectively, since they are on Facebook/Twitter/Instagram during personal hours.

I’ve searched long and hard but have not found a good resources for helping me do B2B marketing via social media. Any help would be appreciated.

After the blockbuster acquisition of Rice Energy, EQT has become the largest natural gas produced in the United States. This was the last in a number of basin consolidation acquisitions by EQT over the past two years, which, including the Rice deal, total more than $10 billion.

With oil stagnating at best around $40, do you foresee one of the majors like BP or Shell to swoop in and establish/regain an Appalachian footprint to at least better balance their sheets from a oil/gas perspective? Shell obviously has a vested interest in the region due to their multi-billion dollar cracker facility in Beaver County, PA.

It seems like Marks recent comments about climate science struck a nerve with some folks, enough to make them go back and change their rating for the podcast.

Why do y’all think climate change has become politicized? In other words, how did this topic go from being a scientific discussion to a political debate and why are people so divided over it?

I’m new to your podcast, and I can say with confidence that it’s very well constructed. My question for you is, being fairly new to the oil and gas industry, how would I be able to do my own due diligence to be knowledgeable of the sector and find opportunities for myself. Just some personal info: I am in 2nd year and work part-time.

I am a lawyer in Beverly Hills. We have a client who plans to buy gasoil from refineries in India and ship it to other countries. I’m looking for information about two topics:

1. Price Term.

Do refineries use fixed prices for 12-month contracts, or spot price, or is that just the subject of negotiation? Also, where would one find reliable the prevailing fixed prices for long-term contracts? I know about Platt’s.

2. Supervision.

We want someone to oversee and supervise the process,

...more

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By Mark LaCour & Paige Wilson

4.7

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