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.

Welcome back to another episode of Oil and Gas this week.

You're listening to Episode 122.

What's up, Mark?

What's up, Jake?

We're in the press booth of Nape.

It's exciting, man.

Remember what Nate stands for?

National...

North American Prospect Expo.

You were so close. That was so close. We actually have some guests join us today. Who do we have on the mic? Chris Jackson. Melissa and Chris, y'all are with our on-the-road sponsor, Total Land. That's great. Yeah, and so this name has actually turned out's been pretty good. Y'all happen to know any of the numbers? What was it, Melissa? A little over 2,800 this show. So we had over 2,800 attendees? Wow. And how many exhibitors? 600 or more? 600, yeah. So if you're in that world, if you're in that upstream world and you get to NAEP, this is called SummerNAPE, we have Winter Nate coming up in February, which is a bigger show you need to get here.

But we're talking about Nate.

We're talking about prospects. What is totally and do? Our audience knows that you help us travel, right? You're our travel sponsor. That's right. But y'all do, I think, a little bit more than that. A little bit more. Yeah. So we're a land management software. So a lot of our clients are going to be brokerages and the EMPs that use us to run their projects. Yeah. And you basically make the landman's job just easier. That's correct. Yeah. And more foolproof, right? You allow them to do a better job with making less effort. Right. That's great. Yeah. Yeah. So that's pretty cool. So welcome to the show.

Glad to have you here. Jake, I want to jump into the. Oh, you know what? We talked about Totelan. I guess we also have to talk about Lee Heck Harrison. There are other on the road sponsor. Lee Heck Harrison helps over three quarters of the Fortune 500 oil and gas companies deal with workforce transformation. So both Totalin and Lee Heck and Harrison, we love them both.

We links in the show notes. If you have a need for what they do, please, please, please reach out. You ready to jump to the news stories, Jake? Let's do it. Let's do it. Okay. All right. First two stories about Saudi Arabia. A lot of Saudi Arabia news this week. Higher oil prices slash Saudi deficit.

The Saudi finance minister has announced an annual decline in the budget deficit for the first half of the year thanks to higher oil prices in that period.

So at $19.39 billion, the first half deficit was 51% lower than what the government have projected.

Total budget revenues and the

period rose by 29% on the annual basis while expenditures fell by 2%. Mark, what are your thoughts?

Yeah, that's a big freaking number, isn't it? It's a huge number. So that, but it's nice to see

the actually shrinking that deficit. So regardless of what you think about them going public,

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