Your weekly dose of oil and gas E&P news and analysis - independent, exclusive and vital. The Bit is the audio companion to Upstream, the international oil and gas newspaper. We take a hard look at operations, safety and high-level decision-making by upstream companies in the Americas and around the world. Hard industry news with a sheen of irreverence.
Episode 98 - Mic Dropping Shale Knowledge
US onshore expert Noah Brenner takes us on a tour of the Lower 48 as he bids farewell to Upstream.
Episode 97 - Going, Going, GOM!
Activity is starting to pick up in the Gulf of Mexico. Operators are awarding development contracts, companies are bidding on new acreage and bits are spinning in the shallow waters off Mexico. Kat Schmidt gives us the lowdown on ownership changes and contract awards for the Chevron-operated Tigris project and recaps an intriguing US lease sale, plus continued fallout from the ATP bankruptcy, which turned into another bankruptcy and now has Statoil footing an unwelcome bill. A payday for Eni in Mexico, and more, this week on The Bit. Read more: http://bit.ly/thebit97
Episode 96 - With Cybersecurity, People Are The Problem
We're taking a break from our hiatus for an episode focused on cybersecurity in the oil and gas industry. By some accounts as many as two-thirds of US oil companies believe they've been hacked in the last year. Experts say hackers are after more than just data - the increasing digitisation of the oilfield means vital physical processes are now vulnerable to attack. We speak with top-level representatives of Emerson and Schneider Electric, two companies who provide automation equipment upstream and downstream and are at the forefront of protecting systems from cyber attacks.
We hope you've noticed that we haven't been posting as many podcasts lately. The culprit is a lack of time due to some exciting changes at Upstream. We're taking a hard look at the podcast and how to make it better and will be experimenting with some new ideas, but posting will likely be irregular in the near term. We hope to be back at full steam soon, but until then you can keep getting all the best independent oil and gas news at www.upstreamonline.com.
Episode 95 - Calculating The Costs
Shale players in the US have been able to get back to work quickly largely because of artificially low services costs. Noah Brenner tells us why operators might be in for a rude awakening in 2017. Then Kat Schmidt joins to talk about a Canadian company that thinks it may be able to crack the code of a vast but vexing unconventional field in Mexico. Donald Trump has wasted no time making his mark on the oil industry, plus more, this week on The Bit. Music by RDG.
Episode 94 - Offshore Is Not Dead Yet
Even as the offshore oil and gas industry flounders, explorers big and small still see hope in deep waters. US indie Llog Exploration is taking a big swing outside its wheelhouse - and the rewards could be huge. And ExxonMobil's resources are getting vaster in Guyana, the world's newest offshore play. One drilling titan sues another, and more, this week on The Bit.
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Review of The Bit
I retired from the offshore business and really enjoy keeping up by listening to this podcast. The cool music is a big plus.
Best O&G Postcast Around
Ever since podcasts became a thing, I would check in every year of so to see if someone had gotten around to doing a high-quality O&G podcast. There have always been random small podcast operations that would do an oil and gas podcast for a few months and stop, but now, FINALLY, with The Bit, I feel confident that we have a superb oil and gas podcast that is here to stay. Honestly, I'll be heartbroken if they were to stop for any reason. And this is a service I'd probably pay at least $100 per year to access. On the other hand, if it were as high as $500 per year, there's a fair chance I would not subscribe at that point (but maybe I still would...). Hopefully that's a good indication of what this podcast is worth to me due to its content and high production quality. Not only is it informative, but I actually ENJOY listening to it.
I am not in the oil and gas industry, but enjoy keeping up with different sectors of the economy. I have found this podcast to be a good resource for industry information that would perhaps otherwise fly under the radar (outside of the Upstream newspaper). Highly recommend the podcast; I find it to be tastefully done, highly informative and well-produced.