The Crude Truth

The Crude Truth

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Investing
Updated Weekly

A Podcast With A Flare We are thrilled to bring this podcast to the airwaves. We live in an age of miscommunication, and it is important to hear the truth about and around the energy markets. Stay tuned, buckle up, and enjoy some great conversations.

Jul 15

The Hidden Legal Battles Behind Oil and Gas with Lauren Varnado

The Crude Truth: Navigating Legal Complexity in Modern Energy In an era where energy demands are skyrocketing and the industry is at a crossroads between traditional oil and gas production and emerging clean technologies, the legal landscape has never been more complex. From royalty disputes and investor protection to the explosive growth of data centers demanding unprecedented power consumption, oil and gas companies face multifaceted challenges that require more than just operational expertise—they demand strategic legal foresight. In this episode of The Crude Truth, host Ray sits down with Lauren Varnado, a first-chair oil and gas attorney at the elite boutique firm Brown Rudnick, to explore the critical legal issues reshaping the energy sector. With a national practice spanning from Texas to Appalachia, Varnado brings invaluable insights into how companies can protect their interests, mitigate litigation risks, and capitalize on opportunities at the intersection of traditional energy and innovation. Whether you're an investor evaluating your first oil and gas deal, an operator navigating regulatory compliance, or an entrepreneur exploring data center partnerships, this conversation reveals the legal strategies and industry trends that separate successful energy companies from those caught in costly disputes. 1. Oil & Gas Legal Practice & ExpertiseLauren Varnado, a first-chair oil and gas attorney at Brown Rudnick, discusses her national practice covering upstream and midstream sectors across major oil and gas producing states. She emphasizes the importance of understanding both the legal and business aspects of energy production. 2. Royalty Disputes & Investor ProtectionA significant focus is on royalty disputes and ensuring proper payment structures for surface owners, working interest owners, and royalty owners. The discussion highlights how transparent communication and proper legal structuring protects both companies and investors, allowing them to receive fair returns without intermediaries taking excessive cuts. 3. Litigation Risk MitigationLauren stresses the importance of proactive legal strategy to avoid costly litigation. She explains how companies can spend $100,000 on preventive legal analysis to avoid $5-10 million in litigation costs later. Key strategies include varying contract language, lease forms, and royalty check formats to prevent class action certification. 4. Clean Energy & New TechnologiesThe conversation explores how traditional oil and gas producers are developing innovation groups to explore new technologies and clean energy ventures, recognizing that the future includes both traditional energy and renewable alternatives. 5. Data Centers & Energy InfrastructureA major topic is the emerging intersection of data centers with oil and gas operations. Data centers require enormous amounts of power (equivalent to 20 New York cities), making natural gas and oil critical energy sources. The discussion covers contractual considerations and how oil and gas companies can protect their production rights while accommodating data center development. 6. Energy Independence & Infrastructure ChallengesThe interview addresses critical infrastructure gaps, particularly in the Northeast and California, where restrictions on pipelines and LNG infrastructure force consumers to rely on expensive or environmentally harmful alternatives like heating oil. The discussion emphasizes how West Virginia and Texas have abundant natural gas resources that could solve energy shortages. 7. Regulatory Compliance & Government RelationsLauren discusses the importance of complying with regulations, particularly the Texas Railroad Commission, which provides clarity and reduces legal risk compared to other states. She also addresses permitting reform as a critical issue needing government attention. 8. Nuclear Energy & Alternative Power SourcesThe conversation includes a discussion on nuclear energy as a clean, safe power source when properly regulated, drawing parallels to how Thomas Edison's tactics created fear around electricity while Tesla's innovations became the standard. 9. Climate Litigation & Environmental DisclosuresThe interview touches on shareholder lawsuits and climate-related litigation against oil and gas companies regarding the veracity of environmental and climate disclosures. 10. Intellectual Property in EnergyLauren notes an emerging trend of IP and patent litigation in the oil and gas industry, including trade secret theft and patent disputes involving major companies and refineries—a shift from historical patterns where drilling contractors held most patents. This interview presents a comprehensive view of modern oil and gas legal practice, emphasizing the intersection of traditional energy, emerging technologies, and the critical role of legal strategy in business success. Check out LFS Chemistry Sponsor of the Crude Truth here: https://lfschemistry.com/ Follow Rey on his LinkedIn: https://www.linkedin.com/in/reytrevinoiii/ Also, Pecos Operating Website: https://pecosoperating.com/ Also, the great Production team at Real News Public Relations https://www.realnewspr.com/
Jul 9

Why West Texas Wins: Derrick Black on Energy, People and Purpose

What makes West Texas networking different from anywhere else? In this episode of The Crude Truth, Rey Trevino sits down with Derrick Black, a respected oil & gas professional, community leader, and founder of Coffee & Connections. Derrick shares his journey from telecommunications with AT&T to building a successful career in the Permian Basin, while using his passion for networking to connect people, businesses, and nonprofits throughout West Texas. The conversation explores the culture of the Permian Basin, the importance of authentic relationships, the impact of community involvement, and how strong networks can create opportunities both inside and outside the oilfield. Derrick also discusses his work with local nonprofits, his commitment to leaving a meaningful legacy, and an exciting new venture that could bring innovative production technology to the industry. In This Episode: ✔️ Derrick Black's journey into oil & gas ✔️ Why networking is critical for career growth ✔️ The story behind Coffee & Connections ✔️ Supporting local nonprofits in West Texas ✔️ The unique culture of the Permian Basin ✔️ Leadership, legacy, and community impact ✔️ Future opportunities in the energy industry Whether you're in oil & gas, business development, sales, or simply looking to build stronger professional relationships, this episode offers valuable insights on creating meaningful connections that drive success. Connect with Derrick on his LinkedIn: https://www.linkedin.com/in/derrickblackbdm/ Check out LFS Chemistry Sponsor of the Crude Truth here: https://lfschemistry.com/ Follow Rey on his LinkedIn: https://www.linkedin.com/in/reytrevinoiii/ Also, Pecos Operating Website: https://pecosoperating.com/ Also, the great Production team at Real News Public Relations https://www.realnewspr.com/
Jul 4

Red Cards Against Human Trafficking | David Reid on The Crude Truth

Human trafficking is one of the world's most hidden and devastating crimes—and it's happening closer to home than many realize. In this episode of The Crude Truth, host Rey Trevino sits down with David Reid, CTO and CMO of NOV and founder of Red M, to discuss how he's using his platform in the energy industry to bring awareness to human trafficking and protect vulnerable children and families. We recommend connecting with David Reed on LinkedIn https://www.linkedin.com/in/davidred/ David shares the powerful mission behind Red M, how trafficking often begins through grooming and manipulation, and why education and awareness are the most important tools in preventing exploitation. He also discusses the organization's global growth, the launch of the Red Card United campaign during the 2026 World Cup, and how businesses and individuals can get involved. ????️ In this episode: To learn more or get involved with Red M, visit JoinRedM.com and follow Red M on LinkedIn. 1. Human Trafficking & Red M Organization The primary focus of the episode is human trafficking awareness and prevention. David Reed, CTO and CMO of NOV and founder of Red M, discusses the organization's mission to combat human trafficking, particularly the grooming and exploitation of minors. Key points include: Red M operates 23-26 chapters across North America and the UK The organization focuses on education and awareness rather than deep intervention They've engaged over 6,000 volunteers in Houston alone over 8 years 2. Grooming and Recruitment Tactics David explains how traffickers operate: Victims are typically groomed rather than forcibly taken Traffickers use cult-like techniques, sleep deprivation, and emotional manipulation They isolate victims from families by convincing them "no one cares" The process typically targets mid-teens and can take years Spotters and controllers work in coordination to maintain control 3. Warning Signs & Identification The conversation covers how to recognize trafficking indicators: Behavioral changes in children (wrong crowd, suspicious relationships) Sleep deprivation and constant phone use Isolation from family and friends The importance of training parents and professionals to identify these signs 4. Red M's Awareness Campaigns Several initiatives are discussed: Action Speaks Campaign: Care package building where people write encouraging notes to trafficking survivors Red Card Campaign: Using World Cup football/soccer as a platform to raise awareness, with red cards symbolizing a "red card to trafficking" In-company training sessions at major corporations (Deloitte, HPE, Dell) Statistics showing that in groups of 30 people, typically 1 person has a child being groomed 5. The World Cup 2026 Platform David discusses leveraging the World Cup (hosted in North America) as an awareness opportunity: Red cards will be distributed at Houston Dynamo friendly games The campaign uses the visual metaphor of a red card (player ejection) to represent stopping trafficking Website: redcardunited.com directs people to simple, accessible education The goal is to reach international audiences through football/soccer 6. Funding & Volunteer Model Red M's unique approach to operations: The organization operates entirely on volunteers They actively discourage donations and focus on awareness instead Recently secured $1.6 million from 35 oil and gas CEOs for an advertising campaign Money is used for awareness campaigns and directed to survivor organizations No buildings or administrative overhead 7. Oil & Gas Industry Connection The episode emphasizes why Red M focuses on oil and gas communities: Oil and gas workers travel frequently to different cities This creates natural opportunities to establish chapters in new locations The industry has embraced the mission (Patterson UTI, SLB, Houston Airports involved) The platform allows industry leaders to use their influence for purpose 8. Personal Motivation & Purpose David shares his journey: His wife initially got involved with anti-trafficking work Realizing the issue affected children motivated his deeper involvement He views his platform at NOV as an opportunity to create positive change The work has become a "movement" rather than a forced initiative The episode emphasizes that human trafficking is a real, present danger affecting communities across North America, and that awareness and education are critical first steps in prevention. #TheCrudeTruth #DavidReid #RedM #HumanTraffickingAwareness #RedCardUnited #Leadership #OilAndGas #WorldCup2026 #PlatformForPurpose #EndHumanTrafficking #Podcast #EnergyIndustry #childprotection Check out LFS Chemistry Sponsor of the Crude Truth here: https://lfschemistry.com/ Follow Rey on his LinkedIn: https://www.linkedin.com/in/reytrevinoiii/ Also, Pecos Operating Website: https://pecosoperating.com/ Also, the great Production team at Real News Public Relations https://www.realnewspr.com/ Check out LFS Chemistry Sponsor of the Crude Truth here: https://lfschemistry.com/ Follow Rey on his LinkedIn: https://www.linkedin.com/in/reytrevinoiii/ Also, Pecos Operating Website: https://pecosoperating.com/ Also, the great Production team at Real News Public Relations https://www.realnewspr.com/
Jun 23

Beyond the Pump: Navigating Middle East Conflict and American Energy, Congresswoman Beth Van Duyne

This was a fun interview with Congresswoman Beth Van Duyne on my recent trip to Washington, DC. I had some great meetings, and she is doing great things for her constituents. 1. American Energy Independence & Oil Production The interview emphasizes Texas's historical and ongoing role in American energy. It references the 1901 Spindletop discovery and argues that despite alternative energy sources (wind, solar, electric), America still fundamentally depends on oil. The discussion highlights the importance of supporting American oil producers and maintaining competitive global positioning. 2. The Strait of Hormuz & Middle East Conflict Congresswoman Van Dyen discusses the geopolitical tensions affecting oil prices, particularly the conflict in the Middle East. She explains the administration's goals regarding preventing a terrorist regime (Iran) from obtaining nuclear weapons, while also emphasizing the desire to exit the conflict as soon as possible. 3. Gas Prices & Economic Impact The interview addresses current high gas prices and their effect on consumers. However, Van Dyen points out that gas prices are actually lower now compared to the Biden administration, attributing this to increased American oil production and reduced regulatory barriers for producers. 4. Tax Cuts & Regulatory Reform A significant focus is on the reconciliation bill that included tax cuts and regulatory reductions, specifically benefiting American energy producers. The congresswoman discusses plans for a second reconciliation package to continue this work and help people "keep more of what they make." 5. Inflation & Wage Growth The discussion touches on inflation concerns and highlights a positive trend: wages are now outpacing inflation for the first time in years, which the administration aims to sustain. 6. Capitol Hill Internships & Political Engagement The interview concludes with a lighter discussion about young people entering politics through internships, emphasizing the value of Capitol Hill experience as a career foundation and networking opportunity. Follow Congresswoman Beth Van Duyne's work on her website https://vanduyne.house.gov/ Check out LFS Chemistry Sponsor of the Crude Truth here: https://lfschemistry.com/ Follow Rey on his LinkedIn: https://www.linkedin.com/in/reytrevinoiii/ Also, Pecos Operating Website: https://pecosoperating.com/ Also, the great Production team at Real News Public Relations https://www.realnewspr.com/
Jun 18

Drilling Smarter: Solving Downhole Challenges with DrillChem

In this episode of The Crude Truth, Rey Trevino sits down with DrillChem's Prater Vincent and Richard Collins to explore the critical role downhole technology plays in today's oil and gas industry. From drilling fluids and wellbore stability to lubrication systems and completion solutions, the conversation dives into how operators maximize production, reduce costs, and overcome increasingly complex drilling challenges. Richard also shares insights from nearly 30 years in the industry, including international experience, the future of U.S. energy production, and how global events are reshaping oil markets. Connect with Richard on his LinkedIn: https://www.linkedin.com/in/rtcollins/ Connect with Prater Benson on his LinkedIn: https://www.linkedin.com/in/prater-benson-1a1656124/ Check out DrillChem's Website: https://drillchem.com/ Topics include: Why drilling the well correctly is more important than ever How drilling fluids impact well performance Cost-saving technologies operators are using today Challenges in the Permian, Haynesville, and emerging basins The impact of Middle East disruptions on global oil supply Why U.S. shale technology continues to lead the world DrillChem's domestic and international growth strategy 1. Down-Hole Drilling Expertise & Well Construction The episode centers on the critical importance of monitoring and managing the drilling process itself. The host emphasizes that proper well drilling is now more challenging than finding the oil, and that well completion and testing phases are essential to extracting hydrocarbons effectively. 2. Drill Chem Company Overview Guests Prater Bitz and Richard Collins from Drill Chem discuss their specialty chemical company that provides solutions for drilling challenges. They explain how Drill Chem is small enough to react quickly to customer needs but large enough to have their own R&D department and develop proprietary products rather than buying off-the-shelf solutions. 3. Drilling Fluid Solutions & Well Bore Stability The conversation covers specific products like Terra Lock (a well bore strengthening material) and lubricants designed to reduce torque and enable extended reach drilling. These solutions address common industry challenges like well-bore instability, lost circulation, and narrow mud weight windows. 4. Industry Capital Discipline in 2026 Discussion about how major oil companies and operators are maintaining capital discipline despite high oil prices, focusing on planned drilling rather than aggressive expansion—a shift from historical boom-bust cycles. 5. Geopolitical Impact on Oil Markets A significant portion covers the Iranian conflict and its effects on global oil supply, including: Production shutdowns in Iran, Qatar, Kuwait, Iraq, and UAE The challenge of restarting wells after prolonged shutdowns (chemical reactions, permeability changes) Global supply chain impacts including jet fuel shortages The role of the U.S. as a "swing producer" filling the global supply gap 6. U.S. Oil & Gas Industry Leadership The hosts celebrate America's technological advancement in unconventional oil extraction (shale revolution), directional drilling, and hydraulic fracturing—positioning the U.S. as a global leader in both production and technology innovation. 7. Drill Chem's Growth Strategy Plans for 2026-2027 include domestic expansion (new facilities in Midland and Williston) and significant international growth, including trials with Saudi Aramco and operations in Kuwait and China. 8. Cost-Effectiveness & Operational Efficiency Emphasis on finding the most cost-effective drilling solutions, shaving days off well operations, and addressing challenges in mature basins where "easy acreage" has been depleted. A fascinating conversation on the engineering, economics, and innovation driving the future of oil and gas. Check out LFS Chemistry Sponsor of the Crude Truth here: https://lfschemistry.com/ Follow Rey on his LinkedIn: https://www.linkedin.com/in/reytrevinoiii/ Also, Pecos Operating Website: https://pecosoperating.com/ Also, the great Production team at Real News Public Relations https://www.realnewspr.com/
May 21

Kasey Cox on OCTG, Energy Supply Chains and What’s Changing in Oilfield Tubulars NAPE 2026

Live from NAPE 2026, The Crude Truth welcomes Kasey Cox of Metal One America for a conversation on OCTG connections, supply chain shifts, deeper wells, and where drilling technology is headed in 2026. Kasey shares what operators are asking for today, how tariffs and commodity pricing are affecting steel markets, and why service companies are watching geothermal and lithium extraction as emerging opportunities. 1. Metal One America & OCTG Connections Casey Cox explains his role at Metal One America, a Japanese-owned company specializing in Oil Country Tubular Goods (OCTG) connections: They provide threaded, coupled, and flush connections for various well applications (intermediate, production casing, etc.) They sell intellectual property to distributors and licensees across the country who thread and couple the connections The company ensures wells don't fail through quality connection products Recently launched a new wedge connection product that increases torque capacity to 45,000 pounds, addressing deeper and more demanding wells 2. Current Industry Landscape & Market Challenges Casey discusses the unpredictable nature of the current market: Inconsistency: Every week brings something different that changes the industry Tariffs & Commodity Rates: Steel tariffs and commodity pricing significantly affect operations and pricing Mergers & Acquisitions: These deals can instantly change client relationships—a company can be a client one day and disappear the next after being acquired Constant Adaptation: These changes keep service companies "on their toes" 3. Diversification into Alternative Energy Sources Casey highlights an important strategic shift: Oil and gas will never go away, but companies are branching into geothermal and lithium extraction Service companies are exploring how to apply their existing technology and expertise to new energy sources The key differentiator is people and knowledge—understanding how to transfer industry expertise to emerging energy sectors This helps mitigate the natural ebbs and flows of the traditional oil and gas market 4. Well Technology Evolution Casey emphasizes the changing demands on equipment: Wells are going deeper, longer, and faster Companies are pushing technological limits New products like the wedge connection are designed to handle increased torque levels (45,000 pounds) Growing demand for gas-tight connections due to increased activity in the Haynesville, Marcellus, and Utica shale plays 5. Sales Approach & Problem-Solving Casey discusses his sales philosophy: He uses a consultative approach—asking questions to understand client needs rather than just pitching products He describes it as the classic "sell me this pencil" approach: ask questions first, then provide solutions He acknowledges that engineers can be difficult to get to open up but are essential to understanding technical requirements His outgoing personality helps him find "that one little niche" to break through and solve problems collaboratively 6. Professional Background & Career Path Casey shares his 20-year journey in the industry: Started in production (pipe, valves, and fittings for ~5 years) Moved to consulting, where he did rig calls regularly Now at Metal One America for about a year, focusing on drilling and connections Upcoming trip to Midland with his manager and Japanese director to visit rigs and understand client needs firsthand Self-described as a college dropout who relies on asking questions and learning from engineers 7. Industry Culture & Networking The conversation emphasizes the personal side of business: 8. Contact & Engagement Casey provides multiple ways to connect: LinkedIn: His preferred method for professional outreach Website: mo-tc.com for information on Metal One's connections Email: kckasey.cox@mtlo.com LinkedIn https://www.linkedin.com/in/kasey-cox-50b29638/ Check out LFS Chemistry Sponsor of the Crude Truth here: https://lfschemistry.com/ Follow Rey on his LinkedIn: https://www.linkedin.com/in/reytrevinoiii/ Also, Pecos Operating Website: https://pecosoperating.com/ Also, the great Production team at Real News Public Relations https://www.realnewspr.com/
May 20

Inside NAPE 2026 Where Oil and Gas Deals REALLY Happen Brent Franklin

Live from NAEP Expo 2026, Brent Franklin (CEO of Rise Capital) breaks down how deals, money, and opportunity collide in the oil & gas industry. From investing strategies to building relationships that change everything—this is where business gets done. Connect with Brent Franklin on his LinkedIn here: https://www.linkedin.com/in/brent-franklin-606294193/ If you're serious about energy, investing, or scaling your network… YOU need to hear this. Main Topics 1. NAEP Expo 2026 Overview The episode is recorded live at the NAEP (North American Energy Professionals) Expo 2026, highlighting it as a major networking event where "deals happen." The host emphasizes the event's growth and recovery post-COVID, with increased business activity and deal-making opportunities. 2. Rise Capital and Investment Opportunities Brent Franklin, President and CEO of Rise Capital, discusses his company's core business model: Private capital management connecting investors with opportunities in oil & gas, real estate, and alternatives A Reg D offering platform where investors can review and select specific projects An online portal allowing diversified investment without requiring day-to-day management 3. Oil & Gas Investment Structures The conversation delves into different investment approaches: Working Interest: Direct ownership with unlimited liability but significant tax benefits PDP (Proved Developed Producing) assets: Lower-risk investments in already-producing wells Tax deductions: IDC (Intangible Drilling Costs) and TDC (Tangible Drilling Costs) explained as key benefits under IRS code Section 469 4. Tax Benefits in Oil & Gas vs. Real Estate A key distinction is made: oil & gas investments offer active tax deductions without requiring material participation (unlike real estate's 500-700 hour requirement), making them more attractive for passive investors seeking tax elimination rather than deferment. 5. Rise Energy Group - Vertical Integration Strategy Brent explains his parent company's approach to consolidating smaller service businesses: Rolling up mom-and-pop service companies (drilling, well service, water transfer, wireline) Providing liquidity to companies with bad debt and high overhead Creating a debt-free, vertically integrated operation to reduce costs and improve efficiency 6. Market Challenges & Economics Discussion of current oil & gas market conditions: Low commodity prices ($60 oil, $3 gas) making projects less economical Rig count decline (from thousands 20 years ago to ~300 today) Break-even economics at $60/barrel, making cost reduction critical Focus on shale production over exploration due to higher success rates 7. Investment Philosophy & Risk Mitigation Key principles emphasized: Diversification across multiple projects and asset classes Importance of operator quality and experience Mitigating risk rather than avoiding loss Importance of "skin in the game" for all parties involved Production and cash flow prioritized over tax deductions alone 8. Networking & Relationship Building The value of attending industry events like NAEP for: Meeting high-net-worth individuals and decision-makers Finding partnership opportunities Building relationships that lead to business deals Surrounding yourself with quality people in the industry This episode essentially serves as a deep dive into modern oil & gas investment strategies, emphasizing the importance of professional guidance, proper tax structuring, and strategic partnerships in the energy sector. Check out LFS Chemistry Sponsor of the Crude Truth here: https://lfschemistry.com/ Follow Rey on his LinkedIn: https://www.linkedin.com/in/reytrevinoiii/ Also, Pecos Operating Website: https://pecosoperating.com/ Also, the great Production team at Real News Public Relations https://www.realnewspr.com/ Check out LFS Chemistry Sponsor of the Crude Truth here: https://lfschemistry.com/ Follow Rey on his LinkedIn: https://www.linkedin.com/in/reytrevinoiii/ Also, Pecos Operating Website: https://pecosoperating.com/ Also, the great Production team at Real News Public Relations https://www.realnewspr.com/
May 18

How Oil & Gas Companies Use Data to Win with W Energy at NAPE 2026

Live from NAPE 2026, this episode of The Crude Truth dives into the software and data side of the oil & gas industry with W Energy. Joined by Joe Fuda, Gary Napotnik, and Michael Tanner, we break down how modern energy companies are using cloud-based software, data analytics, and AI to streamline operations from field to finance. Check out W Energy https://wenergysoftware.com/ Connect with Joe on LinkedIn https://www.linkedin.com/in/joe-fuda-420392127/ Connect with Gary on LinkedIn https://www.linkedin.com/in/m-surge/ 1. Oil & Gas Industry Overview & History The episode opens with a historical perspective on the oil industry, referencing the 1901 Spindletop discovery in Texas and how it shaped America's development. The hosts emphasize that despite alternative energy sources (wind, solar, electric), America still fundamentally depends on oil and the entrepreneurs who produce it. 2. W Energy Software Platform & Solutions The core focus is on W Energy, a cloud-based software company providing integrated solutions for oil and gas operations. Key features discussed include: Field-to-Finance integration: Connecting field operations, ticketing, production management, and accounting under one platform Data View: An analytics-ready tool that allows non-technical users to visualize and understand business data without needing data engineering expertise APIs and data accessibility: Balancing technical data access with user-friendly interfaces 3. Operational Efficiency & Workflow Streamlining The speakers emphasize how modern software should: Reduce manual efforts and repetitive tasks Empower teams to focus on strategic analysis rather than report generation Adapt to evolving business needs as companies scale Allow executives to understand operations without needing to know "how the sausage is made" 4. AI Integration & Future Technology A significant discussion centers on: The emerging role of AI in oil and gas operations How AI can rapidly deploy use cases and provide real-time insights The potential for AI to transform decision-making and data consumption across the industry W Energy's AI roadmap for 2026 5. Data Security & Privacy Concerns An important theme is the tension between AI adoption and data protection: Concerns about proprietary data (P&Ls, completion techniques, surfactant formulas) being exposed The need for private cloud or on-premises solutions rather than public cloud services Information security challenges in the age of AI The importance of keeping data "under one roof" to prevent competitive leakage 6. Industry Evolution & KPI Management The speakers discuss how: Metrics and KPIs change as companies scale (from 300 BOE/day to 100,000+ BOE/day operations) Software must be flexible enough to adapt to different business models and evolving priorities The industry is becoming more efficient (producing 14+ million barrels/day with fewer rigs) 7. NAPE 2026 Conference Context The episode is recorded at the NAPE (North American Petroleum Expo) 2026, highlighting: Industry networking and deal-making opportunities Emerging technologies and trends being showcased The role of digital currencies and AI in shaping the future of the industry The overall theme is how integrated software platforms with AI capabilities are transforming oil and gas operations by making data more accessible, workflows more efficient, and decision-making more strategic—while maintaining critical data security. Check out LFS Chemistry Sponsor of the Crude Truth here: https://lfschemistry.com/ Follow Rey on his LinkedIn: https://www.linkedin.com/in/reytrevinoiii/ Also, Pecos Operating Website: https://pecosoperating.com/ Also, the great Production team at Real News Public Relations https://www.realnewspr.com/

5

out of 5

5 Ratings

A Podcast With A Flare We are thrilled to bring this podcast to the airwaves. We live in an age of miscommunication, and it is important to hear the truth about and around the energy markets. Stay tuned, buckle up, and enjoy some great conversations.

Creator

The Crude Truth
Years Active

2022 - 2026
Episodes

190
Rating

Explicit
Copyright

© 2022 The Crude Truth
Show Website

The Crude Truth