We're Still Here Podcast

On today's episode of the podcast, Eric Werdin, SherWare's sales director, discusses the oil and gas industry in Kentucky with two leaders from the Kentucky Oil and Gas Association (KOGA), Ryan Watts, Executive Director, and Mark Hughes, President. They chat about the history of KOGA, the founding members of the organization and what KOGA does for the community in Kentucky. They also discuss the current state of oil and gas in Kentucky and their predictions on the future of the industry.

Here are some of the things you can look forward to in this episode:

• What Ryan and Mark do in their roles at KOGA
• How KOGA initially got started
• What KOGA does for the community and economy
• What will happen with the future of oil and gas in Kentucky

Highlights:

2:20 What Ryan and Mark do at KOGA

3:46 The history of oil and gas in Kentucky

6:09 The first well that was drilled in Kentucky

7:42 Who contributed to starting KOGA

9:15 The services that KOGA provides to the community

10:51 The current state and the future of oil and gas in Kentucky

13:07 The operators' current concerns

17:15 The perception of oil and gas

Connect with KOGA:

Kentucky Oil & Gas Association | LinkedIn | Facebook

The Kentucky Oil & Gas Association was formed in 1931 to represent the interests of Kentucky's crude oil and natural gas industry, and more particularly, the independent crude oil and natural gas operators.

Our goals include promoting, protecting and advancing the interests of the oil and gas industry; opposing any unfair and unjust legislation which may adversely affect the oil and gas industry; and, disseminating reliable publicity to further and protect the oil and gas industry.

The Kentucky Oil & Gas Association is dedicated to the responsible production and conservation of Kentucky's natural resources, while ensuring that its members are provided fair regulations, are educated on oil and gas issues, while protecting individual property rights, health, safety, and the environment.

Link to Websites:

Head over to our website to set up a free account with SherWare software. Please make sure to subscribe and leave a rating and review on Apple podcasts.

Today on the podcast, Phil chats with Mark LaCour, a former market researcher who now produces some of the top podcasts in oil and gas. They chat about how he got started with the first podcast and how this led him and his team to create a number of other podcasts about the oil and gas industry. He shares what he has learned from the younger generation in the workforce about learning and networking. Mark also discusses a new AI technology he is developing to make recruiting the right employees for oil and gas much easier.

Here are some of the things you can look forward to in this episode:

• What happened that led Mark to the oil and gas industry
• His first company and how it has changed
• Why he started the very first podcast
• How his podcast network has grown since the initial launch

Highlights:

2:05 How Mark got started in oil and gas

4:57 Why the different sectors of the industry are so compartmentalized

6:39 The root of inefficiencies in the oil and gas industry

7:44 What ModalPoint is

9:43 How he got started with the first podcast

11:47 The current podcasts he runs and upcoming podcasts

13:07 Why a small, niche podcast is better

13:42 The hardest part about running his podcasts

15:02 What the Oil & Gas Global Network is

16:21 What Mark speaks about to other businesses

17:53 Mark's happy hour events and how the younger workforce learns and networks

21:52 A software that Mark is developing

24:04 Challenge for the industry to change the negative public perception

About Mark LaCour

Mark has lived at the intersection of Oil and Gas and Technology for over 20 years. Later he started his own market research company and has a well-earned reputation as an industry "insider" and independent 3rd party researcher. This led to him becoming a part of the new media, where he has the top podcasts in the oil and gas industry. He is a sought after public speaker, author, sits on several oil & gas boards and has one of the top oil & gas presences in social media.

Connect with Mark:

Facebook | LinkedIn | Twitter | ModalPoint | ModalPoint Facebook

Connect with Oil & Gas Global Network:

Facebook | LinkedIn | Twitter

Oil & Gas Global Network podcasts:

Oil and Gas This Week Podcast

Oil & Gas Startups Podcast

Oil and Gas Industry Leaders Podcast

Red Wing's Oil and Gas HSE Podcast

Oil And Gas Legal Risk Podcast

Oil & Gas Onshore Podcast

Link to Websites:

Head over to our website to set up a free account with SherWare software. Please make sure to subscribe and leave a rating and review on Apple podcasts.

In this episode of the podcast, Phil sits down with a few vendors in the oil & gas industry while at the National American Petroleum Accounting Conference (NAPAC) in Dallas, TX. He chats with each vendor about the company that they work for and what products and services they offer for their clients. You will hear about different companies that help make running an oil and gas business a lot easier. If you have been looking to simplify your oil and gas business, then you will want to tune in and hear about these vendors offer.

Here are some of the things you can look forward to in this episode:

• Discussions with professionals from various organizations about their company
• A chat with a company that bridges the gap between business and technology
• How one company helps to mitigate risks for their clients
• What goes into planning for NAPAC

Highlights:

2:20 What Eddye Dreyer Financial Services does

3:56 The consulting services offered through Eddye Dreyer

6:06 Transition processing

7:17 How Magnum Forge helps clients choose software and implement it

8:38 Partnering with software vendors

10:42 Bridging the gap between the business and technology

13:29 Business advocates with Stinnett Associates

15:20 Mitigating risks for clients

18:24 Taking care of the backend accounting with JC Data Services

21:58 Saving clients money by eliminating unnecessary steps

25:45 Helping clients with inventory management with B & L Pipeco

28:22 The products and services B & L Pipeco offers

32:16 Finding experienced oil & gas retirees to write courses

33:17 What continuing education looks like in oil and gas

36:36 Live action classes vs. web-based classes

38:02 Planning for the NAPAC Conference

About Companies:

Eddye Dreyer Financial Services:

Eddye Dreyer Financial Services was founded to provide specialized bookkeeping for the oil and gas industry. From our humble beginnings around a kitchen table to our current offices in Dallas and Houston, much has changed in nearly thirty years. One thing that hasn't changed, however, is our commitment to providing accurate and reliable back office services. From joint interest billing and division orders to revenue distribution and regulatory filings, Eddye Dreyer is your partner for oil and gas bookkeeping.

Magnum Forge:

Magnum Forge works exclusively with midsize to large independent exploration and production companies. We lead successful ERP selections and implementations every day with our expertise in the oil and gas industry's software packages. Let us help you scope your needs and determine your organization's readiness.

Stinnett Associates:

Stinnett is a professional advisory firm that strives to maximize value for public and private companies. As a certified Women's Business Enterprise, we serve Fortune 500 and Fortune 1000 companies and small-to-large size organizations with global operations.

JC Data Services:

JC Data Solutions is a complete business solution partner. Our flat-rate maintenance plans are designed to optimize your network performance and reduce IT support costs, allowing you to focus on your bottom line, not your technology.

JC Data Solutions has over 80 years of combined experience to serve the southern Utah area. Our promise to you…" We will provide you with the best technical services in the St. George area, utilizing experienced, highly trained staff and the best customer experience you have ever had from a technology solutions company. We will make it right or your money back"

B & L Pipeco:

Consistently adhering to a customer-focused mindset and a profound sense of urgency, our customers can rely on B&L Pipeco Services to fulfill their needs 24/7/365. Our immediate response services are backed by our vast customer base of several large and small independent operators. This enables us to provide cost advantages through economies of scale and allows us to pool inventory for quick ramp up or dissolution of casing inventory. B&L Pipeco Services entails a network of products, including unrivaled mill sourcing for OCTG, vast selection of premium connections and tubular accessories, and state-of-the-art production storage tanks. Our logistics company, InCompass, is the fabric that ties all our products and services together. As a leader in the transportation industry, InCompass Logistics provides service, value, and solutions for all of our customers' needs. We are not just another OCTG distributor. Our network of experts helps us constantly focus on how to take the pain away from our customers.

PDI:

PDI's world-renowned Energy division delivers top quality Continuing Professional Education to the energy business – training that is on target, on-site and on budget. Each of our program authors/instructors is a "been there, done that" professional with outstanding industry knowledge coming from decades of industry experience. All instructors have the skills to communicate, at any level, the material your employees need to be more effective.

NAPAC:

NAPAC brings petroleum industry professionals together for two days of intense and important educational sessions enhanced by lively, productive discussions. Each year, NAPAC features topical general sessions and detailed, track-based concurrent technical sessions, as well as annual reviews of important legislative updates. The conference provides access to outstanding industry experienced speakers from both the government and private sectors and informative exhibits from leading industry vendors. This perennial favorite, considered by many to be the premier oil and gas industry accounting conference, has been running for more than 40 years and remains a very highly regarded and well-attended event.

Connect with Companies:

Eddye Dreyer Oil & Gas: Website | Contact

Magnum Forge: Website | [email protected]

Stinett Associates: Website | Contact

JC Data Solutions: Website | Contact

B & L Pipeco: Website | Contact

PDI: Website | [email protected] | NAPAC Conference

Link to Websites:

Head over to our website to set up a free account with SherWare software. Please make sure to subscribe and leave a rating and review on Apple podcasts.

Treating employees right and creating a positive work culture will save you thousands of dollars by simply retaining staff. Today on the podcast, Phil is joined by his friend and business coach, Scott Ballard, founder of the Confidence Coach. Scott shares why employers need to focus on employee retention and creating a workplace that people are excited about. He also discusses what he does as a business coach and shares the structure of some of his coaching programs.

Here are some of the things you can look forward to in this episode:

• A rundown of what Scott does as a business coach
• Why employee retention is so important for your business
• How to create a positive work culture
• Scott's advice about investing in your employees

Highlights:

1:44 Scott's background and how he got into his business coaching

5:53 What coaching is from Scott's perspective

8:55 Learning to leverage a team in your business

10:20 How coaching is similar to brain surgery

12:31 Ditching limiting beliefs

13:14 Retaining good employees and developing underperforming employees

18:20 Finding out what motivates employees internally

22:20 The cost of hiring new employees

25:38 Scott's coaching programs

29:12 Creating a family-like culture at the workplace

33:50 The importance of investing in your payroll

About Scott Ballard:

Scott Ballard is the founder of Confidence Coach LLC and is an author, speaker and coach for business owners with employees. He has 35 years of successful business ownership as his background. The last 10 years Scott has been coaching business owners on the strategies and tactics of engaging their employees in a fun, positive, respectful way. He has worked with everything from small businesses to Fortune 500 companies and has developed five different processes/trainings that build engagement, culture and leadership within businesses.

Scott is passionate and adamant about leveraging for each company the hopes, dreams and aspirations of not only the company, but of each employee in the company; which is the greatest untapped asset in every company in the world.

Connect with Scott:

Website | LinkedIn | Facebook | Youtube | Twitter | Book

Head over to our website to set up a free account with SherWare software. Please make sure to subscribe and leave a rating and review on Apple podcasts.

On today's episode, we chat with Wade Cox, Senior Accountant for JMA Energy Company, L.L.C. (JMA). He discusses the in's and out's of working as an accountant in the oil and gas industry. You'll find out what Wade does accounting wise for JMA, how he keeps track of their oil and gas interests and the issues that come up in his profession. He also discusses what he does outside of his work with JMA as a tax professional.

Here are some of the things you can look forward to in this episode:

• What Wade does as a CPA in the oil and gas industry
• Reports that simplify Wade's career
• Wade's experience with using Well Profits to track their clients' interests
• How Well Profits has helped eliminate human error

Highlights:

1:28 How Wade Got Started in the oil and gas industry

4:40 What Wade does accounting wise for JMA

6:10 How Wade keeps track of their oil and gas interests

7:51 The issues that come up when tracking non-operating interests

9:11 Revenue disbursement rules

12:15 What reports make Wade's job easier as a tax professional

15:05 The importance of being able to calculate the cost depletion

16:53 Wade's experience with using the Well Profits software

19:02 How importing data has cut down on errors and saved time

21:20 What Wade does outside of JMA in accounting

About Wade:

I attended Southwestern Oklahoma State University and graduated in 1989 with a Bachelor in Science of Finance and a minor in Mathematics. Later, I attended the University of Central Oklahoma and obtained my CPA certificate in 1995. I have been working in the oil and gas business since 1996 for a company called JMA Energy Company, L.L.C. I started at an entry level position and worked in all areas of accounting in the oil & gas business (JIB, revenue, tax and financial accounting). I started my own oil & gas bookkeeping business in 2006. Some of my clients have up to 1,100 different well interests. I have been married for twenty years and I have a daughter that is nineteen and attending college. I like to read, watch movies and I love spending time with my two Golden Retrievers, Ethel and Hazel.

Connect with Wade:

LinkedIn

Head over to our website to set up a free account with SherWare software. Please make sure to subscribe and leave a rating and review on Apple podcasts.

In this episode, Phil discusses a topic that is a bit different from the usual conversation on the podcast. Phil shares information about the launch of an online-cloud based application of the SherWare software, Well Profits which has been around since 1996. This transition is just the beginning of all of the SherWare applications and software moving to the web.

Well Profits is designed to help users find mistakes to get them corrected. Current users have even said that using Well Profits has helped them to save over 30 working hours per month. This powerful online application allows users to track and report on the revenue and expenses being generated by their interest. The importing capabilities and reporting system are a game changer for the Oil & Gas industry, saving users both time and money.

Here are some of the things you can look forward to in this episode:

• An overview of Well Profits and what the application does
• Testimonials from current users of Well Profits
• How to get started and set up your account
• Tips for managing your systems and procedures using Well Profits

Highlights:

2:35 Why we changed our product name to Well Profits

2:40 What Well Profits does

2:55 The two superpowers of Well Profits

4:14 Making tax season a breeze

6:67 How to manage your systems using Well Profits

7:08 Importing revenue and expenses into the application

7:29 Saving time by setting up proper operating procedures

8:13 Phil's favorite report to take a look at

Link to Websites:

Website | Podcast | iTunes

Head over to our website to set up a free account and get started! Also, please make sure to subscribe and leave a rating and review on Apple podcasts.

In this episode we talk with Matt Sands, the host of the Mineral Rights podcast.

The Mineral Rights Podcast is a show for you to learn about owning mineral rights. What is a lease? What taxes are involved? How do I check production for my wells? How do I calculate my royalty interest? What is a division order? I've got an offer to purchase or lease, but is it reasonable? How do I read my check stub? Matt gives you answers to these and more questions about managing mineral rights and royalty interests.

Matt has over 19 years of Oil & Gas industry experience. Matt is a graduate of the Colorado School of Mines with a BS in Engineering with a Mechanical Specialty and a Minor in Public Affairs. Matt is the principal of Silverheels Investments LLC, a family-owned company focused on mineral rights advisory services and investing in minerals and royalties in select basins across the US.

Highlights

5:00 - Why Matt went to the Colorado School of Mines 6:33 - Why Minerals interested Matt 8:30 - Matt's advice on surviving the oil & gas ups and downs 13:35 - Why the Mineral Rights Podcast exists. 16:01 - The most listened to Mineral Rights episodes 20:55 - Resources for Mineral Owners

Links to websites:

http://silverheelsinvestments.com/ http://mineralrightspodcast.com/ https://itunes.apple.com/us/podcast/mineral-rights-podcast-mineral-rights-royalties-oil/id1401506541?mt=2&ign-mpt=uo%3D8

In this episode, Phil talks with Mike Chadsey, the director of public relations for Ohio Oil and Gas Association about the annual Winter Meeting and hot topics being discussed.

Thanks to technology advances, automation and remote tracking are simplifying the way those in the field and the back office work together, creating more efficient companies that are safer, more agile and getting profitable faster. Find out about two companies making the difference.

Growing and running a business in the 21st century, no matter what industry you're in, requires knowing a little bit of everything, while still specializing in what makes your business so successful.

On today's episode learn about 9 productivity/organization + communication tech tools that make automating your office a breeze.