Do you work in the oil industry?

joeltrout · Light Sweet Crude Joined: Sep 19, 2007 Posts: 1317

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.

joeltrout

misterno

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. Smile

I am soooo happy....

Aaron

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.
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rockdoc123 · Light Sweet Crude Joined: May 16, 2005 Posts: 1676

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! Wink

emersonbiggins

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GASMON

I started at age 17 as a Gas Engineering Technician Apprentice for the North Western Gas Board England (before privatisation) back in 1969. Great & interesting years, conversion from coal gas to natural gas, most of my years spent supervising / planning the re-building of the distribution pipeline network in the north west of England, together with emergency stand by duties.

Still engaged part time with a contractor to National Grid in replacement gas main planning. (Old cast iron mains replaced by Polyethylene pipe) About 15 years work left. The UK will have a nice, squeaky clean, all plastic / welded steel gas distribution system JUST as natural gas runs out !!!!

Keep tellin 'em but nobody listens !!!!!!

Gasmon
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joeltrout · Light Sweet Crude Joined: Sep 19, 2007 Posts: 1317

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.

joeltrout

GASMON

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seahorse · Expert Joined: Oct 15, 2004 Posts: 2189 Location: Arkansas

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.

KillTheHumans

seahorse · Expert Joined: Oct 15, 2004 Posts: 2189 Location: Arkansas

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.

seahorse · Expert Joined: Oct 15, 2004 Posts: 2189 Location: Arkansas

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: