You're listening to the Oil and Gas This Week podcast with Mark LeCour and Jake Corley.

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

What is going on, guys?

Welcome back to another episode of the Oil and Gas This Week podcast. You're listening to Episode 197. We're getting close to that 200, Mark, Mark. Yep, Mark, Mark. That was a part of the intended. Yeah, we've got something special plan for our 200th episode. Hopefully this coronavirus thing doesn't keep us from getting together because if it does, we'll push it out so everybody can get together. But just stay tuned. We got some cool stuff going on. And then Jake, you know how much we love our sponsors? A whole bunch. A whole bunch. And so we've been very lucky here at OGG. And we just picked up some new sponsors. So a big shout out to our existing sponsors, IBM, Tightwater, Baker Hughes, Nutanics. But our new sponsors are really cool, too. So we just picked up Amazon, Technique FMC, the Well Boss, Indris Hauser, Saxum, and Drager. So a big shout out to all our new sponsors coming on. Some of them are picking up some of our older shows, and some of them are actually starting their own shows. So stay tuned to audience. We got a whole bunch of stuff coming in the next month, busy as hell. But this is a first Friday Q&A, although it's not actually Friday. Let's get in the questions. Actually, before we get the question, let's do the review, Jake. Yes, we got a review from our good buddy, David Ramson Wood. As a lot of you know him, he's become quite notorious on LinkedIn over the past year. He writes, love what Mark and Jake you're doing and have done for getting a voice of the industry out on the airways for professionals and amateurs alike. Keep up for the great work. Love you guys, DRW. Oh, love and hugs, DRW. Yeah, he's not controversial at all. No, not one bit. He's just like boring and like stays in the center lane and, you know, that sort of stuff. Yeah, go check him out. He also just released a book too. And he's definitely sold more than 600 copies. So he's got a podcast, a new book and all that kind of stuff. So go check him out. He's a good friend of the show. Yeah, and I was joking people. He is very controversial. I actually love that very much speaking the truth about what's going on and what needs to change.

So go listen to his podcast. It's actually really good. All right into the questions. You guys know the drill. You guys writing questions. We try to answer them and hopefully you don't try to stump us or ask if we're single again. So first question up is from Stephen, who's a senior industry

analyst at Nowco Champion. Right's love the podcast. Always look forward to a new episode. Keep up the

good work. I've got two questions. Question one, US and Canada have a public data set in Fract

Focus. Is there a public data set for offshore completions? The only one that I know of in the

US and any of our Canadian listeners, please chime in because I don't know how it's done in Canada, but the only one I know here in the US is Bessie. So go to BSEE.com. They have a huge data center, all the stuff that's going offshore and you can query by all kinds of different methods. The website itself is kind of dated the way it looks and the way it runs, but it's a full of a wealth of information.

That's the only one I know of. all kinds of different methods. The website itself is kind of dated, the way it looks and the way it runs, but it's

full of a wealth of information. So that's the only one I know of. Yeah, and I don't have a ton of offshore experience. And most of my work has been onshore, particularly that I'm streaming. So I don't know of any, but I would love to know if anybody knows of one. Please write in, let us know. We'll let the listeners know. Second question from Stephen is, for the completion of chemical segment in oil and gas, it seems more operators

are debundling, i.e. buying chemicals direct from the chemical manufacturer instead of bundling

chemical packages provided by the service company. Is this going to be the trend moving forward

or will it be an about phase and the operators will go back to the bundled model or the positives and negatives of both? Ooh, that's a bunch of questions in there. So let me just say what I've seen going on in the last 10 years. So it used to be that all the chemicals, not just things for completion, but all the oil and gas chemicals were bought through the service companies. And the reason they did that, number one, it was easy to write one PO instead of two. Number two, if the chemicals weren't what they were supposed to be, the service company was on the hook, not the manufacturer. And then the Chinese entered the market, and they dumped a bunch of low-cost chemicals on the market. And in the very beginning, they were, a lot of more quality stuff,

but then, of course, the quality declined. And what happened is you thought you're buying

X and what you actually got was X minus half. And so now it's back to, at least here in North

America, where people are buying chemicals through the manufacturers. It's sort of like

what Sam Walton realized. So Sam Walton's genius wasn't in building a whole bunch of retail Walmart stores.

What Sam's Walt's genius was, he figured out that back then, the distributors were the ones making all the money.

So if you wanted to buy, say, Tide laundry soap, tied manufactured it back then, then they sent it to a big distributor who then sold it to the retail outlets. And what Sam Walton figured out is the logistics is where the money made. So he got rid of the distributor. He got rid of the middleman and tied then shipped his laundry charges straight to the stores. And he had a bunch of technology in place to make sure that was efficient way to run things. And that's what you're seeing right now in oil and gas and chemicals. You're seeing that the operators have

figured out if they skip the middleman, the distributor or the service company, they get stuff

much cheaper. Now, what I think is as we continue down this road of more and more technology coming

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