Oil and Gas This Week Podcast Oil and Gas Global Network

 















In this Episode of Oil & Gas This Week: Decline in DUC backlog shows scale of U.S. shale pullback, Why BlackRock Is ‘Going Green’, Germany Set To Close All Coal Fired Energy Plants By 2038, Saudi Arabia Pledges To Help Stabilize Market in Wake of US/Iran Tension, Hedge Funds Dump Oil After Middle East Tensions Ease, The New Energy Superpower In The Middle East, McDermott said to file bankruptcy as soon as this week, Schlumberger Posts $10B Loss in 2019, This Shale Giant Is Ready For A Rebound 







Have a question? Click here to ask.















Stories: Decline in DUC backlog shows scale of U.S. shale pullback, Why BlackRock Is ‘Going Green’, Germany Set To Close All Coal Fired Energy Plants By 2038, Saudi Arabia Pledges To Help Stabilize Market in Wake of US/Iran Tension, Hedge Funds Dump Oil After Middle East Tensions Ease, The New Energy Superpower In The Middle East, McDermott said to file bankruptcy as soon as this week, Schlumberger Posts $10B Loss in 2019, This Shale Giant Is Ready For A Rebound 





Weekly Rig Count





As of 11/4/2019 – The American Rig count is 805 active rigs.





IBM Giveaway





Enter to Win Here!







Sign-up for your chance to win a T-shirt with a unique serial number. This means each shirt is different making it an awesome collector’s item! Plus it comes inside an official OGGN insulated tumbler.







At the end of the year we will have a drawing to win our grand prize! This will be a pool of all of the serial numbers on the t-shirts! The grand prize will be announced a bit later in the year!









Travel Sponsor





BCD Travel – We simplify the conversation around managed business travel, showing you how to combine capabilities and services to deliver or improve on your program goals. Review your current program or design what it might look like in the future. Focus on a single area or make plans across the entire program. Wherever you are today, there’s a solution to help you get where you want to go tomorrow. Get started.





Quarterly Happy Hour





OGGN is always accepting Happy Hour sponsors.  If you would like to get your company in front of our ...

 















In this Episode of Oil & Gas This Week: Prospect Of War Pushes Oil To Seven Month High, Oil Mergers Could Pick Up in 2020. Here Are 7 Possible Targets, ESG for the Oil and Gas industry – what you need to know for 2020,  Rigzone Reveals Most Wanted Oil, Gas Skills of 2019, Global Deepwater Production Hits 10 Million BOE/D,  Tests raise alarms over fuel blends coming for ocean-going vessels, GlobalData: India set to contribute 53% of Asia’s new-build trunk pipeline length additions by 2023, Asia to add 47% of global ethylene capacity growth by 2030







Have a question? Click here to ask.















Stories: Prospect Of War Pushes Oil To Seven Month High, Oil Mergers Could Pick Up in 2020. Here Are 7 Possible Targets, ESG for the Oil and Gas industry – what you need to know for 2020,  Rigzone Reveals Most Wanted Oil, Gas Skills of 2019, Global Deepwater Production Hits 10 Million BOE/D,  Tests raise alarms over fuel blends coming for ocean-going vessels, GlobalData: India set to contribute 53% of Asia’s new-build trunk pipeline length additions by 2023, Asia to add 47% of global ethylene capacity growth by 2030







Weekly Rig Count







As of 11/4/2019 – The American Rig count is 805 active rigs.







IBM Giveaway







Enter to Win Here!







Sign-up for your chance to win a T-shirt with a unique serial number. This means each shirt is different making it an awesome collector’s item! Plus it comes inside an official OGGN insulated tumbler.







At the end of the year we will have a drawing to win our grand prize! This will be a pool of all of the serial numbers on the t-shirts! The grand prize will be announced a bit later in the year!















Travel Sponsor







BCD Travel – We simplify the conversation around managed business travel, showing you how to combine capabilities and services to deliver or improve on your program goals. Review your current program or design what it might look like in the future. Focus on a single area or make plans across the entire program. Wherever you are today, there’s a solution to help you get where you want to go tomorrow. Get started.

 















In this Episode of Oil & Gas This Week: Decline in DUC backlog shows scale of U.S. shale pullback, Why BlackRock Is ‘Going Green’, Germany Set To Close All Coal Fired Energy Plants By 2038, Saudi Arabia Pledges To Help Stabilize Market in Wake of US/Iran Tension, Hedge Funds Dump Oil After Middle East Tensions Ease, The New Energy Superpower In The Middle East, McDermott said to file bankruptcy as soon as this week, Schlumberger Posts $10B Loss in 2019, This Shale Giant Is Ready For A Rebound 







Have a question? Click here to ask.















Stories: Decline in DUC backlog shows scale of U.S. shale pullback,

Why BlackRock Is ‘Going Green’ ,

Germany Set To Close All Coal Fired Energy Plants By 2038,

Saudi Arabia Pledges To Help Stabilize Market in Wake of US/Iran Tension,

Hedge Funds Dump Oil After Middle East Tensions Ease,

The New Energy Superpower In The Middle East,

McDermott said to file bankruptcy as soon as this week,

Schlumberger Posts $10B Loss in 2019,

This Shale Giant Is Ready For A Rebound 







Weekly Rig Count







As of 1/26/2019 – The American Rig count is 815 active rigs.







IBM Giveaway







Enter to Win Here!







Sign-up for your chance to win a T-shirt with a unique serial number. This means each shirt is different making it an awesome collector’s item! Plus it comes inside an official OGGN insulated tumbler.







At the end of the year we will have a drawing to win our grand prize! This will be a pool of all of the serial numbers on the t-shirts! The grand prize will be announced a bit later in the year!















Travel Sponsor







BCD Travel – We simplify the conversation around managed business travel, showing you how to combine capabilities and services to deliver or improve on your program goals. Review your current program or design what it might look like in the future. Focus on a single area or make plans across the entire program. Wherever you are today, there’s a solution to help you get where you want to go tomorrow. Get started.

 











Welcome back to another episode! This week’s episode is our First Friday Q&A for January 2020! 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:  







Question’s:



Hi Guys, I find my self coming up to a cross road and would much appreciate some advice. I’m currently at a high end engineering school on my way to a degree in PE.



I now have a chance to switch my major and move from the petroleum engineering focus to something else. I really love the oil/gas/energy field, but at the same time I’m a bit freaked out about all the change away from oil. Seeing the Saudis diversifying away from oil, several car makers betting exclusively on electric mobility, big oil stocks in a slump, lay-offs,etc, etc makes me wonder, if I should make a move now and change to another engineering major.



At the same time I hear about oil and gas needing good people and expecting a demographic shortage of engineers in the near future.



Not sure what to do… Curious what you think and grateful for a bit of advice.















Our country is set to pump oil from Exxon’s offshore Liza field development early next year (there is talk that it could happen in December this year pending weather). 2020 is also the year our country heads into election and oil is a hot topic. 



My questions are: 



* Is political uncertainty likely to affect the production of oil?

* What should a first time producer country expect? Long term predictions are that output would reach 750,000 barrels in 5 years, revenue to reach $631M by 2024 but what does the first year or two of production entail?



3.  Keep up the good work!















Hello, first of all, congratulations for all the great job that you have done. These are my two questions.



* USA has the best price on Natural Gas, what are some of the real threats that could push the price up? Would you make a prediction on when could this price rise?

* You used to say that Oil companies were very clear when anyone would call them “Energy Companies”, would you say that this is still the reality in all the companies or are there all open, as TOTAL for example, to accept being call as energy companies?















Just got around to listening to the podcast from the 28th, and wanted to share thoughts on the discussion you and have had about troops in Saudi Arabia. I have had a few of my military clients sent to Kuwait and Iraq, but also sent to support bases in Germany and Western Europe. I believe it has to do with the Saudi Aramco IPO. U.S. and Saudi relations have always been tricky since FDR, and believe their is still an unspoken bond. With such a strong reliance on oil for the nation, any attack against it once it is public would be a huge setback to the country from an economic and civil standpoint. While private they are able to protect specific information, however as you know, once public there are other factors, stock price primarily, which can be a shock factor for the underlying partners or company. 



I could go more into detail, but believe this is the main reasoning behind the recent increase in troops. 















Hello Mark,



    Hope all is well and congrats on the success of all the podcasts. I listened to the conference call from Chesapeake 3 times since ...

 















In this Episode of Oil & Gas This Week: Even Shale Veterans Don’t Buy The Bullish Production Forecasts, Meet The Biggest Losers Of The U.S. Shale Bust, Are Investors Really Leaving Oil and Gas?, Saudi Aramco Shares To Start Trading On December 11, Exploration Giant Sees Stock Price Plunge On Disappointing Results, As Industry Changes, So Does Petroleum Engineering Education, Russia’s $400 Billion Pipeline Project Launches Today, Iran: We Won’t Agree To Any Production Cuts In The Future, China Set To Launch $105-Billion Oil & Gas Pipeline Firm, Oil and gas slow to adopt cost-saving artificial intelligence.







Have a question? Click here to ask.















Stories: Even Shale Veterans Don’t Buy The Bullish Production Forecasts, Meet The Biggest Losers Of The U.S. Shale Bust, Are Investors Really Leaving Oil and Gas?, Saudi Aramco Shares To Start Trading On December 11 , Exploration Giant Sees Stock Price Plunge On Disappointing Results,As Industry Changes, So Does Petroleum Engineering Education, Russia’s $400 Billion Pipeline Project Launches Today,Iran: We Won’t Agree To Any Production Cuts In The Future, China Set To Launch $105-Billion Oil & Gas Pipeline Firm , Oil and gas slow to adopt cost-saving artificial intelligence.  







Weekly Rig Count







As of 11/4/2019 – The American Rig count is 844 active rigs.







IBM Giveaway







Enter to Win Here!







Sign-up for your chance to win a T-shirt with a unique...

 















In this Episode of Oil & Gas This Week:

Oil & Gas Predictions for 2020:



Go big or go home  

Petrochemicals rule  

Reginal hydrocarbons  

Hello Agility  

Hydrocarbon pricing – Brent $64 barrel, NatGas $2.55/MMBtu 

Talent  

Going Green Is Picking Up Steam  

Conflict in the Middle East  

Politics gets personal 

New ways of working 









Have a question? Click here to ask.















Stories:







Weekly Rig Count







As of 11/25/2019 – The American Rig count is 822 active rigs.







IBM Giveaway







Enter to Win Here!







Sign-up for your chance to win a T-shirt with a unique serial number. This means each shirt is different making it an awesome collector’s item! Plus it comes inside an official OGGN insulated tumbler.







At the end of the year we will have a drawing to win our grand prize! This will be a pool of all of the serial numbers on the t-shirts! The grand prize will be announced a bit later in the year!















Travel Sponsor







BCD Travel – We simplify the conversation around managed business travel, showing you how to combine capabilities and services to deliver or improve on your program goals. Review your current program or design what it might look like in the future. Focus on a single area or make plans across the entire program. Wherever you are today, there’s a solution to help you get where you want to go tomorrow. Get started.







Quarterly Happy Hour







OGGN is always accepting Happy Hour sponsors.  If you would like to get your company in front of our large young, professional audience, reach out to our Project Coordinator, Brooke Omachel by e-mail.







Street Team







If you’re interested in joining the street team, join our Facebook Group here.







OGGN Announcements







We are excited to announce we have launched a new podcast! Permian Perspective Podcast hosted by Krista Escamilla. You can listen and subscribe here. Her podcast will showcase stories and tips/advice for everything to do with the Permian!







Upcoming Events









* Dug Midcontinent Conference and Exhibition

* FLNG World Congress

* Algeria Oil & Gas Summit 

* Marcellus-Utica Midstream Conference and Exhibition









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