Will we ever run out of oil?
Petroleum geologist Chad Koury explains why the answer might surprise you. In this episode of Local Energy, we dive deep into the world of geosteering, the brutal realities of self-employment in oil and gas, and why the Appalachian Basin is one of the most geologically complex regions in North America.
Skip to 29:53 for the answer.
Chad Koury has spent 15 years working in unconventional reservoirs, primarily in the Marcellus Shale. He shares his journey from traditional employment to running his own geosteering and geology consulting business, including the challenges of cold calling, dealing with rejection, and learning to be "comfortable being uncomfortable."
We explore the technical side of drilling—from software debates (Stoner vs. Star Steer) to why geologists can't agree on naming conventions, to the realities of steering wells 24/7 for 72 hours straight. Chad also breaks down the geology of the Appalachian Basin, explaining formations like the Marcellus, Burkett, and Point Pleasant, and why understanding the story behind the rocks matters more than just analyzing data.
Beyond the technical talk, this conversation touches on the future of energy, why we'll likely transition to new technologies before we run out of hydrocarbons, and how to educate people about energy without getting caught up in social media hype.
Whether you're in the industry, considering self-employment, or just curious about where your energy comes from, this episode offers real insights from someone living it every day.
CHAPTERS:
00:00 Introduction to the Conversation
01:02 Chad Koury's Background and Experience
02:47 The Importance of Geosteering
06:22 Software Preferences in Geosteering
07:26 Challenges of Self-Employment
09:55 The Role of Geologists in Storytelling
13:30 Geological Complexities in the Appalachian Basin
15:26 Understanding the Marcellus and Burkett Formations
17:46 Nomenclature Challenges in Geology
21:26 The Allure of the Oil and Gas Industry
25:27 Un-inventing the Oil and Gas Industry
29:55 The Future of Oil: Will We Ever Run Out?
31:49 Educating the Next Generation on Energy
33:49 Shifts in Geosteering and Contract Work
35:43 The Landscape of Independent Operators
38:57 Caffeine Choices for Long Hours
39:55 Connecting and Engaging in the Industry
CONNECT WITH CHAD KOURY:
LinkedIn: https://www.linkedin.com/in/chad-koury-a0976158/
ABOUT LOCAL ENERGY:
Local Energy explores the people, technology, and stories behind America's energy industry. Hosted by Peter Brecht and Wade Spear. Visit localenergy.com for more information about this episode!
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