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Oil and Gas This Week

Oil has a Millennial Problem | Whiting Petroleum Slashes Workforce By a Third | E&P Growth Shifts Offshore and Globally But More Cost and Job Cuts On the Way | Concho Stumble Casts Cloud Over Permian – OGTW180

Oil and Gas This Week

Mark LaCour & Paige Wilson

Business

4.6582 Ratings

🗓️ 12 August 2019

⏱️ 30 minutes

🧾️ Download transcript

Summary

In this Episode of Oil & Gas This Week: Oil has a Millennial problem, Whiting Petroleum Slashes Workforce By a Third, E&P Growth Shifts Offshore and Globally But More Cost and Job Cuts On the Way, Concho Stumble Casts Cloud Over Permian, Tankers Change Names to Ship Venezuelan Oil to Cuba, Why the future of […]

Transcript

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0:00.0

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

0:12.4

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

0:18.7

Welcome back to the episode of the Oil and gas this week podcast. You're listening to episode

0:23.1

180. For some reason, Mark, that's the number sounds really high. It does sound really high.

0:28.5

We get close to 200, which we have to do a live event, which we missed it with 100. So anybody

0:33.5

out there wants to partner with us for the 200th episode of oil and gas this week and reach out to

0:37.2

me, we could do something really cool. Now, before we get into the reviews and everything else, Jake, So anybody out there wants to partner with us for the 200th episode of Oil and Gas this week and reach out to me.

0:38.7

We could do something really cool.

0:47.7

Now, before we get into the reviews and everything else, Jake, I don't want to talk too much about this because I think one of the problems with the mass shootings we have is that people want social exposure.

0:49.9

So I'm not mentioned people or names or dates or anything.

0:55.2

But audience, can we have just a moment of silence for the victims of the mass shooting and their families that's happened just recently?

1:13.4

All right. We're back. And we're back with reviews. So number one way to support the show to support all the shows is leave us a review. It helps your peers find the good podcast versus the ones that aren't so good, and we like to consider ourselves, hopefully, one of the good ones.

1:18.5

So this is oil and gas industry positivity from the Marine Line from Australia.

1:19.2

Oh, pretty cool.

1:20.3

Amazing podcast.

1:22.4

Best news on all and gas industry from around the world.

1:26.4

The new host did not know what GDP was, however, still a remarkable show.

2:01.1

And I think what he was actually here, she was actually talking about is when Page stepped in when we were in Wyoming and we talked about GDP and she didn't know what it was. So the Marine line from Australia, that was just a host that normally isn't on the show. She knows her stuff. She just didn't know what GDP was, but we appreciate leaving a review. And now it's time to jump in the news stories. What's going on with that, Jake? So there's a lot going on in just our industry currently. You and I were talking about a little bit before we hop on the mic, and this has been just constant theme of the last six months. You know, what's the number one question that we get from people, especially young people.

2:18.0

It's either how to get in the industry or what does the future bring it for the industry. Exactly. And so I feel like a lot of the articles that we put together today are going to kind of really kind of tell a story as to where we're at in some of the realities of the industry. I mean, you and I just gave a talk in New Mexico and overkirki at IPA, New Mexico, about the future of oil and gas and why we're so excited. But I think as

2:23.7

things change, as industries change, and as times change, you know, certain things go away,

2:28.3

certain jobs, certain roles go away. You know, we have technological improvements. Our business is

2:33.2

cyclical. You know, we're seeing a lot of

...

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