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Oil and Gas This Week

First Friday Q&A April 2022, ep 261

Oil and Gas This Week

Mark LaCour & Paige Wilson

Business

4.6582 Ratings

🗓️ 8 April 2022

⏱️ 27 minutes

🧾️ Download transcript

Summary

Welcome to the Oil and Gas This Week podcast — brought to you by IBM on the Oil and Gas Global Network, the largest and most listened to podcast network for the oil and energy industry. Don’t forget to ask a question for our next First Friday Q&A. You ask the questions and we answer […]

Transcript

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0:00.0

You're listening to the oil and gas this week podcast with Mark LeCore and Paige Wilson.

0:14.5

This is the show for busy oil pros who quickly want to keep their finger on the pulse of the industry.

0:24.5

You're listening to the Oil and Gas This Week podcast brought to you by IBM.

0:27.7

This is a show for busy oil pros who want to quickly keep their finger on the pulse of the industry.

0:32.6

Thanks for joining us for episode 261.

0:36.2

First Friday Q&A, y'all. Yeah, awesome. Man, it's been so long since we recorded. I know. So I'll let you audience on a little secret. You know how Paige and I struggle to get episodes out every week? Well, we actually recording two back to back. So we just record it one a few minutes ago. But don't tell him, my shh. Just real quick, I want to throw this real quick before we get into the questions and everything. This is from Juan. Mark, great podcasts. Awesome. Can you link me with Julian Clement, the person you put your name? The person asking about the donations to provide welding train. I work for a major midstream company. I have welding inspection background. So I connected to two and they're working together. Oh, that's awesome. So oil and gas this week does a lot of different things, but sometimes it brings two people together to help other underprivileged people. That's great. One of the most beautiful things in the world. So Juan, thanks for reaching out. Thanks for listening. And audience, you know what? When you hear me say stuff, if you want to play a role, reach out.

1:28.2

Because we will make the connection.

1:43.2

We'll make it happen. And by way, he means him. Yeah. I'm not nearly as connected. Well, I'm not nearly as connected as you are. You literally know everyone. I don't know everyone. I feel like it's everyone. Anyway, we have a review. It's five stars.

1:44.4

You've been loving it.

1:45.1

Five stars.

1:45.1

Hey, O-A-G-T-W-T, Wally-G-E-W-N-G-E-T. feel like it's everyone. Anyway, we have a review. It's five stars. You're loving it. Five stars.

2:00.2

Hey, O-A-G-T-W-T-W-T, Oil and Gas is Week team, I guess. Yeah. I want to say that I really appreciate all the effort you put into your shows. I generally look forward to your podcast every other week. I'm so sorry. We're going to try to get back. No, you know what? We should just change our name to oil and gas every other week

2:01.6

next week

2:02.2

we're working on that

2:04.0

listen to you both has done a lot to challenge and change previous misconception I had about the industry. I'm really interested in the finance investment side of the industry. I have a few questions. Are there any good indexes for new rigs starts? How many existing rigs are currently having their capital equipment upgrade?

2:18.3

Yes, but you have to pay for it.

2:19.7

You have to go to IHS.

2:21.2

What is the typical lead time for an onshore rig?

2:23.4

Man, they've gotten around with they're moving those rigs.

2:25.3

They move themselves.

2:26.5

Yeah, they move themselves.

2:27.4

Now they're doing it in days.

...

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