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PeakOil is You

PeakOil is You

Do you work in the oil industry?

A forum for discussion of regional topics including oil depletion but also government, society, and the future.

Do you work in the oil industry?

Yes
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Yes-Indirectly such as financing, legal, etc...
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No
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Total votes : 40

Do you work in the oil industry?

Unread postby joeltrout » Tue 29 Apr 2008, 13:58:18

I am wondering who here on peak oil works in the oil industry. Who are the people on the "front lines" when it comes to providing the world with oil.

I work as a petroleum landman. The company I work for owns mineral rights in many different mid-west and western states. My primary job is negotiating oil and gas leases with companies who want to lease our minerals and drill for oil or natural gas. Then we receive royalties from all production. The states in which I lease the most are California and Oklahoma.

Obviously with high oil and natural gas prices we are leasing like crazy. Most of our properties date back to 1920s and 1930s. Amazingly some properties that have never been leased in over 80 years are now being leased and explored.

If you work in the industry I would appreciate a brief explanation of what you do, if you don't mind. Obviously I am not looking for specifics.

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Re: Do you work in the oil industry?

Unread postby misterno » Tue 29 Apr 2008, 14:28:38

I work in Houston for a retail energy company we sell NG and Power not oil though

But they are so interconnected as you may know. I am a credit analyst basically financial analysis of companies who wants to get power from us. All I am seeing is my 2 bonuses, pay, and stock options shoot up for the last 2 years.

Coming from financial industry, I have never seen this much of a laidback environment and too much money and food floating around. I am still in a shock of happiness. I wish I could have joined this industry before.

This is not the only energy company I worked, I worked as a temp for several fortune 500 oil companies before and they all seem to have too much money, food and entertainment going on. One other thing I like about oil companies is that they are very conservative and "buddy to buddy system" dominant around here. wall street types and assholes are not liked and not hired. :)

I am soooo happy....
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Re: Do you work in the oil industry?

Unread postby Aaron » Tue 29 Apr 2008, 14:46:13

I have been doing technology consulting for the past 6 years, mainly for energy related companies.

And of course, I also help run this website.
The problem is, of course, that not only is economics bankrupt, but it has always been nothing more than politics in disguise... economics is a form of brain damage.

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Re: Do you work in the oil industry?

Unread postby KillTheHumans » Tue 29 Apr 2008, 22:39:22

$this->bbcode_second_pass_quote('joeltrout', 'I') am wondering who here on peak oil works in the oil industry. Who are the people on the "front lines" when it comes to providing the world with oil.



I pump gas at Go-mart. FRONT LINES ALL THE WAY BABY!!!!
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Re: Do you work in the oil industry?

Unread postby rockdoc123 » Wed 30 Apr 2008, 00:17:30

30 years or so of oil/gas/coal insiding. Early days taught at university, later bog standard oil company geologist, later days various management positions in various sized companies. Forward looking soon to retire to the true Scotsman's grace...mountaineering, golf, fly fishing and guiltless single malt. that is of course if all the really nutty (IMHO) peakers are off base on the wild zombie killing sprees we are supposedly expecting. That would really screw up my handicap! ;-)
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Re: Do you work in the oil industry?

Unread postby emersonbiggins » Wed 30 Apr 2008, 00:26:00

$this->bbcode_second_pass_quote('KillTheHumans', '')$this->bbcode_second_pass_quote('joeltrout', 'I') am wondering who here on peak oil works in the oil industry. Who are the people on the "front lines" when it comes to providing the world with oil.



I pump gas at Go-mart. FRONT LINES ALL THE WAY BABY!!!!


[smilie=usa2.gif] God bless you, young man! [smilie=usa2.gif]
"It's called the American Dream because you'd have to be asleep to believe it."

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Re: Do you work in the oil industry?

Unread postby KillTheHumans » Wed 30 Apr 2008, 00:29:30

$this->bbcode_second_pass_quote('emersonbiggins', '')$this->bbcode_second_pass_quote('KillTheHumans', '')$this->bbcode_second_pass_quote('joeltrout', 'I') am wondering who here on peak oil works in the oil industry. Who are the people on the "front lines" when it comes to providing the world with oil.



I pump gas at Go-mart. FRONT LINES ALL THE WAY BABY!!!!


[smilie=usa2.gif] God bless you, young man! [smilie=usa2.gif]


Someone has to man the front lines in the war to continue filling up SUV's!

I'm worried about shortages, not price. As long as its available, people will buy, and I'll have a job. But shortages...the boss will start calling people in only when there is fuel in the tanks to be pumped...THAT one I'm worried about.
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Re: Do you work in the oil industry?

Unread postby joeltrout » Wed 30 Apr 2008, 12:47:43

I am kinda surprised this didn't get much more of a response. Maybe most of the members/visitors are survivalists and peak oil is their reason for wanting to be sustainable.

I was hoping that more people worked in the industry and actually knew what was going on in their area. I worry that some of the information I receive here is 1st very biased towards peak oil and 2nd not actual expert info because there don't seem to be many people in the industry.

I know you don't have to work in the industry to know about it but it definitely helps to have actual experience rather than reading about stuff online or in a book.

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Re: Do you work in the oil industry?

Unread postby KillTheHumans » Wed 30 Apr 2008, 18:34:04

$this->bbcode_second_pass_quote('joeltrout', 'I') am kinda surprised this didn't get much more of a response.


I'm not. Its been obvious for a LONG time.

$this->bbcode_second_pass_quote('joeltrout', '
')I was hoping that more people worked in the industry and actually knew what was going on in their area.


If there were more people around here who knew something, there would be alot less arguing, and the place wouldn't be near as exciting.

$this->bbcode_second_pass_quote('joeltrout', '
')I worry that some of the information I receive here is 1st very biased towards peak oil and 2nd not actual expert info because there don't seem to be many people in the industry.


YOU GO JOEL!!! The Experts and those who actually knew much mostly all disappeared awhile ago, RocDoc is left. Just PM him questions, makes alot more sense than people around here mixing Thermodynamics with Economics and pretending it makes sense and such.

$this->bbcode_second_pass_quote('joeltrout', '
')I know you don't have to work in the industry to know about it but it definitely helps to have actual experience rather than reading about stuff online or in a book.



That would mean they actually might have THOUGHT about all of this, and if they did that we'd suddenly be inundated with cornocopians and have to rename the place PeakOilersWhoNowKnowBetter.com or some such.
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Re: Do you work in the oil industry?

Unread postby seahorse » Wed 30 Apr 2008, 21:32:11

Shakespear is in the industry. He still posts here. Unlike gas pumper KTH, he and most of the others who work in the industry do see peak oil and natural gas as real issues.

Gasmon, I was not aware you are in the energy business and enjoyed your posts.
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Re: Do you work in the oil industry?

Unread postby KillTheHumans » Wed 30 Apr 2008, 21:49:26

$this->bbcode_second_pass_quote('seahorse', 'S')hakespear is in the industry. He still posts here. Unlike gas pumper KTH, he and most of the others who work in the industry do see peak oil and natural gas as real issues.



Which peak issues? The old peaks, the plateau's, the current peak, more peaks yet in the future?

Everyone I know in the "gas pumping" business doesn't have quite the dim view of what peak actually means, but admittedly, some of them are economists. Working as cashiers of course, which is how I get to talk to them about this kinda stuff. :lol:

And while RocDoc and maybe this Shakespear guy are actual industry guys ( therefore experts here), versus the self proclaimed type annointed by the mods, what happened to Spike? Where is Simmons and Heinberg and Ruppert? Why doesn't Colin stop in and answer questions any more? Things that make you go hhhmmmmm.........
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Re: Do you work in the oil industry?

Unread postby seahorse » Wed 30 Apr 2008, 22:23:04

KTH,

This is why you don't have my respect. You do nothing but ruin threads, intentionally. Joeltrout started this thread wanting to know who is in the industry. All you want to do, is be a smart ass. We get several posters here, Gasmon and Rockdoc who legitimately respond to JT's question. You, you only want to be a smart ass. Instead of bringing your expertise here to educate, as does Rockdoc for sure and Shakespear when asked, and there have been others, all you want to do is be a smart ass and ruin legitimate topics. Instead of adding, you detract, as evidenced on this thread without any provocation whatsoever.

Whether posting as KTH or previously as RGR (before being banned), you have always been the same smart ass and will never change. I've repeatedly tried to get you to educate and not be a smart ass, but its obvious, after ruining yet another thread for no apparent reason, that you will not change.

I don't know if you're purposely ruining this thread is a violation of the COC, but it ought to be, and you should be banned for it. But you're no stranger to that.
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Re: Do you work in the oil industry?

Unread postby seahorse » Wed 30 Apr 2008, 22:47:58

JT,

I think Gasmon's response is very illustrative, and in line with others over the years who have posted here. I've been here since 2004, and have learned a lot from insiders like (energydigger, Rockdoc, Shakespear, to name a few). In short, all say essentially what Gasmon said above, we will not return to cheap energy and the hi hopes for the North Sea show that reality sometimes throws cold water on those hopes. If one can get through all the vile on the Bakken thread, it too is illustrative that for all the "hope" the reality is the expected production from the Bakken will not be the panacea to a US economy built around cheap oil.

I found this statement by Gasmon went to the very heart of your question:

$this->bbcode_second_pass_quote('', 'I')n my experience, people working in the (gas) industry at the sharp end do not know very much about the overall picture.


Not only does this answer your question, but it also applies to KTH and everything he has ever posted.
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Re: Do you work in the oil industry?

Unread postby KillTheHumans » Wed 30 Apr 2008, 23:31:24

$this->bbcode_second_pass_quote('seahorse', 'K')TH,

This is why you don't have my respect. You do nothing but ruin threads, intentionally.


I commented on my esteemed position in the petroleum consuming world.

Having observed closely how others fared while trying to be "educational" to the great unwashed masses here at po.com, you will forgive me for matching those actions against your speech on how you, and by extension, the readers here, want to be "educated", and deciding which matters more, the actions or the words.

Either way, you are correct in that this is off topic, so I shall not comment again unless requested.
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Re: Do you work in the oil industry?

Unread postby seahorse » Wed 30 Apr 2008, 23:59:42

KTH said:

$this->bbcode_second_pass_quote('', 'I') commented on my esteemed position in the petroleum consuming world.


Like I said, you were just being a smart ass and purposely ruining a well intentioned thread. Instead of reading posts like Gasmon above, which I found very fascinating, you just want to smart off and be divisive.
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Re: Do you work in the oil industry?

Unread postby KillTheHumans » Thu 01 May 2008, 00:39:43

$this->bbcode_second_pass_quote('seahorse', 'K')TH said:

$this->bbcode_second_pass_quote('', 'I') commented on my esteemed position in the petroleum consuming world.


Like I said, you were just being a smart ass and purposely ruining a well intentioned thread. Instead of reading posts like Gasmon above, which I found very fascinating, you just want to smart off and be divisive.


I read every word Gasmon wrote. I found it fascinating as well, professionals within a field usually enjoy exchanging "war" stories as it were.

I would also venture that assigning credibility based on picking the conclusions you like best shouldn't be confused with either the actual validity of the conclusion under consideration, nor the expertise and credibility of the people who come up with conclusions you disagree with.

But I did like Gasmon's story.
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Re: Do you work in the oil industry?

Unread postby ExtractionEngineer » Fri 02 May 2008, 13:33:45

I am a design engineer/project manager for one of the largest oil service companies in the world. I primarily operate in offshore cementing.

As of 2004 (when I became peak aware) not many people inside this business were aware of the gravity of the situation....or that there was a situation at all. In 2005 I attended a standing room only meeting with 3 of our senior vice presidents. They asked if anyone in the room really thought oil would still be over $40 a bbl in 5 years. I was the only one in the crowd to raise my hand. Laughter, at my expense, ensued. Needless to say, no one is laughing now. As of 2008 there are a good number of folks inside the game who are fully peak aware. Unfortunately, I can't put my finger on anything that has substantially changed due to that awareness.
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Re: Do you work in the oil industry?

Unread postby joeltrout » Fri 02 May 2008, 13:41:44

$this->bbcode_second_pass_quote('ExtractionEngineer', ' ') As of 2008 there are a good number of folks inside the game who are fully peak aware. Unfortunately, I can't put my finger on anything that has substantially changed due to that awareness.


Great insight. Unfortunately most companies out here in California are too busy worrying about their own projects to look globally. Everyone here knows the local fields are in decline and the discoveries are tiny compared to historical discoveries but they do not relate that to the overall picture of global oil discoveries not keep pace with global production decline.

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