Energy Crue

State of the Industry: Q1 Crue Club Roundtable Recap

Share episode

Send us a text

Crue Club's innovative operator roundtables are transforming how oil and gas professionals connect, providing a space for genuine knowledge-sharing without solicitation or distractions.

• Q1 2024 brought together 71 operators from 41 companies for 25+ hours of focused industry discussions
• Workforce reduction remains a key challenge, with the industry now operating with 37% fewer workers while increasing production by 47% 
• AI integration varies widely across companies, with most still uncertain about its full potential despite recognizing its value
• Extended laterals are pushing technical boundaries, with completion equipment limitations now the primary constraint
• Energy policy disconnects between Washington and field operations create uncertainty that impacts long-term planning
• Strategic networking has become essential for career stability, with genuine industry connections more valuable than technical skills alone
• Communication remains the foundation of operational excellence, especially in simultaneous operations scenarios
• Private operators are developing creative niche strategies to remain competitive amid industry consolidation

Check out upcoming Crue Club events at crueclub.com or listen to more detailed recaps on Energy Crue podcast.


Speaker 1:

Thanks for watching.

Speaker 1:

Hope everyone's having a great morning. This is Thursday, march 27th. We just wrapped up seven events at Crew Club. My name is JP Warren. I'm the founder of Crew Club and Exec Crew. My sleep has been pretty bad the past couple nights, mainly because this pollen that's been kind of coming into Houston, so I might be a little bit off, a little bit behind right now. Just bear with me, though my sleep has not been that great.

Speaker 1:

I want to welcome everyone this morning. Who's out there? First off, I got to give a shout out to my beautiful wife, monica. Monica, thank you for tuning in. I hope you learned.

Speaker 1:

First off, you've been teaching me a lot of stuff when it comes to kind of the operations side of things. So I love how you're diving in on your work and kind of what you're doing. So thanks for tuning in, babe, I love you. What else is out there? So if you're out there, if you're tuning in real brief, I'm going to keep this kind of real high level stuff. I'm not going to really dive too far deep into kind of what we've discussed around the tables, mainly because I do a lot of event recaps on Energy Crew podcast and you can find a more deep dive in if you go over to Energy Crew podcast, check that out. I dive into kind of the end of the operator roundtables after each event, so it's kind of a more in-depth detail. But this is a really good high level, kind of a 30,000 foot view we're going to go over on the seven events and also kind of a more broad common themes that have been popping up around the table.

Speaker 1:

So who else is tuning in and saying hello, joey, getting a bad echo, sir? Okay, I'm sorry, appreciate that. Let me try to figure out what's going on. Hold on a sec. If this sounds better, let me know. Thumbs up or thumbs down? All right, how is that? Everyone? Is that a little bit better? All right, I hope that's better. I just closed down some windows. That might be Okay. Okay, thank you so much, everyone. All right, we're going to dive in. We're going to get this going. Thank you for tuning in everyone. No echo, all right, okay, good morning everyone. Oh, I love this. All right, youtube sounds fine. Linkedin user loves it. I'm set. Okay, let's get this. So let's get this kick started. If you're late to this, I'm sure you can check this out, because I will be releasing this as an energy crew podcast. Okay, let's start over. It takes me my wife says it takes me about 90 seconds to get through my nerves before I actually start getting in my groove. So I think we might be there yet. Welcome everyone on this Thursday morning, march 27th. I hope everyone's doing great out there.

Speaker 1:

There's a lot of stuff going on in this industry and I want to say this If you have been affected by we're going to go over the workforce reductions and all that stuff, if you have been affected by this, I did release a laid-off to leveled-up podcast on lead with soft skills about pretty much how to navigate this kind of current environment. If you are affected, or you think you might be affected by the layoffs that are coming up, it just kind of provides kind of mindset advice, skillset advice as well, and also how to build your networks, your teaching. So check it out Head over to leadwithsoftskillscom. That's kind of my other podcast that I focus on more career development professionals. So let's get this kicked off.

Speaker 1:

I think we're all here to kind of not listen to the ramble. I think we're all here to kind of listen to find out what's been going on around the fruit club operating table. So, first off this is the first quarter we've opened our events up to allow single event sponsorship. So if you are a service company out there, you are curious about what crew club is. We're going to go into kind of that and what to expect. But there is a way that you can join the table as well, because we are doing single event sponsorship. Before it was a membership that you had to purchase for like a quarter or two quarters, but now we're doing single events so you can come to a location, sign up for that event and dive, join a seat at the table and dive into the conversation. So, all right, here's all the great sponsors we've had at the table, providing some great insights and feedback from the service.

Speaker 1:

So again, let's let's get into, all right, the agenda. Today we're gonna go over kind of real, briefly q1 stats what, uh, what popped up uh in q1, uh, q1 event recap. So we're gonna go through each event on kind of the top four key takeaways from that discussion, and then we're going to pull back and kind of think, okay, well, what kind of what are the four common themes that have kind of occurred and reoccurred throughout each different conversation, although we might have a topic series focused on maybe one subject. There's a lot of different tangents that would go on around the table. Subject there's a lot of different tangents that would go on around the table and we're going to dive into, kind of what are some common themes? We're seeing that every single area, every single round table we have, what are we diving into? Then we're going to be going into a couple of testimonies from people that have attended crew club events. I love these testimonies. It just makes me happy to read that people are experiencing such great experiences at our events. And then we're going to get into upcoming events and also how you can join the conversation out there. So if you have heard of Crew Club out there, raise your hand. All right, I see that's everyone out there, good, so everyone's heard of Crew Club, all right. So let's keep moving forward.

Speaker 1:

Well, crew Club is, at the end of the day, people are like what it's all about? What is this all about? At the end of the day? What it is, it's a curated series of invitation-only operator who mastermind roundtables. So I say it's operator mastermind roundtables because the conversations we're having around a table are very insightful, educational, a lot of knowledge, a lot of best practice shared and challenges faced. So the subjects we dive into. It really is a mastermind because we're encompassing such a unique, all-encompassing kind of view on these subjects and deep dive into the subject. So it is a mastermind route connecting EMP professionals through strategic, no-solicitation discussions. We bring about 20 people in a room, majority operators, and we sit down, no solicitations and we dive into a subject, a subject that's kind of driving the industry forward, what's holding us back and kind of a collaborative approach on how we can approach these difficult subjects. So that's pretty much the essence of True Club is, and we've been doing it for about three years.

Speaker 1:

So in Q1, we had seven topic series or roundtable events occur. We started off in Houston with Sion Harris over at Chevron, then we went to Midland with Drew Limbacher and then we went to Oklahoma City with Jeremy Anst with Ascend Resources. Emily Easley spoke in Dallas and then I covered the Denver events in February. And then Rory Chalmers came in in Midland and had a great conversation about pretty much how to navigate workforce reductions. And then Brandon Connor, the sign-mops completion consultant, had a fantastic discussion on SimOps being effective, safely and communicating effectively in SimOps. So we went from everything from leadership kind of conversations, professional development, to what private equity and private operators are doing in this space, to how to actually the extended laterals, how deep should we go and could we go, and energy policy. We cover a lot of different stuff in AI. We're going to dive into kind of what we covered and some key takeaways from that.

Speaker 1:

So, all right, I think I had a good radio voice. It's all this pollen in the air. It gives me a good radio voice, I think, not a good webinar face, but a good radio voice, all right. So in Q1, again, we are very proud of this you know, 71 operators in a quarter. Some events might have that, probably in the first 15 minutes of people walking in that environment, such as a conference and stuff like that. However, I'm proud of this because our events we keep that small. We keep our events 20 people and below. That's to foster genuine connections, that's to foster engaging conversations. So we had 71 EMP operators from 41 EMP companies and that kind of roughly equates over 25 hours of uninterrupted cell phone-free, solicitation-free conversations with EMP operators. And you'd find out that a lot of the people that attend the events are manager or above. 55% are manager or above. So 37% are manager or director, 20% VP or above, and this is primarily drilling completions production, heavily on the operations side. So since we started these, so we've been hosting these events for about three and a half years, but we really started dialing into the knowledge sharing portion in the beginning of 2024. Since beginning of 2024 and to today, we've had 335 EMP operators from over 160 EMP companies. I just think that's pretty cool. So all right, let's dive into it.

Speaker 1:

I want to give a special shout out, special spotlight highlight. If you are a company out there looking for some great people to join your organization, I want to give a shout out to these three and I'm going to throw in Luke Pumphrey as well, but he isn't a LinkedIn profile pick, but Omar and Oklahoma city was formerly a DNC and completion manager over at Chesapeake. He's led several topic series. That's just great person, great, genuine guy to have at the table to provide insight both on the service and the operator side of the table. I think he's just. He provides some great perspective. The table same with Kate Heiken in Houston. She was previously eventive, as you can see. She's led a large decision-making on the capital side. Also, she's a phenomenal leader and develops people under her and great leadership skills too.

Speaker 1:

Garrett Jeffrey, up in Dallas, who was doing BD Reservoir over at Murchison Legit great guy. All these people have led Topic Series events and it's very impressive to have them at the table with their insight. I see how they work with people, I see how they connect with people and I see the conversations they're having. I just think all these three Luke, you're out there Luke Pumphrey, up in Dallas, who worked at Garrett's, would be great assets to any team. So connect with them on LinkedIn, say hello. If you have an idea of how to help them out, please reach out.

Speaker 1:

All right, oh man, this testimony just popped up here. I thought this would be at the end. Oh well, okay, all right, but Jordan Jackson, the completion manager at Eventive, as you can see here, he's joined several events at Crew Club. What's cool about this? He only goes to the ones at Denver, where he lives, but he's also attended one in Millet. Now they just cover in Oklahoma City. We're trying the city one too. But this is the power of crew club the ability to create genuine connections. I didn't know Jordan for crew club. Since crew club, since we started coming to the table. Him and I have developed a friendship. So, again, it's genuine connections that last beyond the events conclusion. So, jordan, thank you for coming to the events, thank you for your uh, for your kind words, really appreciate it. So he's gained insights, advice, connections that will help him navigate through the various aspects of life and his career.

Speaker 1:

All right, let's dive into the first roundtable that we have. This is with Suen Harris over at Chevron. He's the senior technical advisor over at Chevron and I asked him to come to the table and lead a discussion and this was in January, right after the election, and he talked about the opportunities for growth, changing, how do we see obstacles. This was very important to him because this subject allowed him to kind of navigate through a lot of different challenging points in his career, and not only navigate through but also how to kind of face it, face the storm and succeed at navigating obstacles. So he really wanted to kind of bring in more of a leadership, uh, developed style, uh, conversation to uh, to the roundables and, as you can see up here, here's the people that we had at the event. Let me see if we can pull that up. So we had Chevron, workrise, radio, oil and Gas. So there's where you can find the people that have been a part of the roundtable. So I'm going to read some quick notes on this because obviously at the roundtables it's over three hours of conversation. So I record these conversations so I can extract the good stuff so I can share with the industry out there and help us move forward.

Speaker 1:

So, all right, the first thing obviously I know we have a subject. The subject is, you know, changing how we see obstacles. But that doesn't mean when you're sitting around the table with, you know, a group of industry professionals, you're not going on a different tangent. So the first thing actually that was brought up because of the election was energy policy and regulatory shifts. Again, this was right after the elections, or Trump was inaugurated in office. So one of the things that first popped up was energy policy and regulatory shifts. So I'm going to read here these four things and we're going to move on.

Speaker 1:

So we discussed how regulatory bottlenecks, especially federal permitting delays we saw that historically in the last four and a half years are slowing project timelines. Esg demands are increasing. I'm curious what y'all think about that. Do you still see ESG demands increasing? And it's pushing operators to rethink asset allocation with capital strategy. The new administration policies are being closely watched and they're already impacting long-term planning, particularly for small operators who can't afford delays. This is a major challenge a lot of small operators are having. It's how you actually navigate this new first off, the new administration and also, with all these merged acquisitions, how do private operators stay competitive? We're going to dive into that in Midland. It's the next event we're going to get into All right.

Speaker 1:

Then we talked about AI automation, impacts and implementation. This was a great roundtable kind of tangent that we got into, but we'll talk about it for a little bit. One of the most personal, powerful. That's the next bullet point. Ai was a hot topic around the table, not just the hype, what's actually being done. Some companies are using AI for HSE monitoring that we're seeing operational optimization, even preemptive failure analysis. I think we've been all around the table or in conversations where people are utilizing AI to make faster decisions, more informed decisions and kind of have some preventative decisions being made through the AI algorithm. So a lot of people are using that right now. But there's a clear divide right now that we're seeing I'm seeing a main link between the larger operators and the smaller private operators and I think it's probably more just kind of a personnel count about this. Why are you seeing such a difference? But some operators are testing aggressively, others are hesitant due to unclear ROI.

Speaker 1:

The conversation revealed that AI's real barrier isn't the tech, it's how it's understood and applied. What do you all think about that? Do you see it more kind of being the tech or the capabilities, or just kind of the whole concept of AI and the productivity it can do to our workforce or our work processes? So anyway, that was a great tangent. We went on. So then we started talking about leadership, resilience and overcoming obstacles. This was the kind of the point of the conversation. The point that brought us all together was how do we as leaders go through challenges and obstacles?

Speaker 1:

So one of the most personal, powerful threads we heard stories of people being laid off, of career kind of redirections, career changes and being underestimated and how those moments led to growth. So usually we're, in times of turmoil, challenging things. I think we've all been there. Whatever, things seem very difficult, very cumbersome to carry, things that are very challenging. If you look past on that, we actually grow the most in those parents. So it's really leaning into the obstacles that present themselves in our careers, in our daily lives, and I took that away from this because there's a lot of things as a solopreneur or whatever, that I hesitate on that. There's a lot of things as a solopreneur or whatever that I hesitate on that. There's a lot of obstacles in my path that it's very easy for me to make an excuse and not approach. I think it's a lot out there. So this really kind of gave me the sight to look in those obstacles and keep moving forward. All right, this resonated with both young professionals and seasoned leaders around the table, all right.

Speaker 1:

And the fourth thing that we brought up was private capital strategy and market evolution. So with capital tightening that's kind of obvious Capital has been tightening over the past couple of years. Private operators are now pivoting. There's a shift towards more creative niche strategies. Smaller overlooked deals are back on the table. So historically, deals that weren't looked at by private operators just because it didn't make sense now are being reviewed again. Now you're fighting more of a customized niche approach by private operators just because it didn't make sense. Now we're being reviewed again. Now you're fighting more of a customized niche approach by private operators you have. Smaller overlooked deals are back in the head, but he said that interestingly.

Speaker 1:

Several attendees mentioned a return to conventional plays in Texas where the economics are easier to manage. The tone the tone was one of adapting quickly and staying agile in a changing environment. Yes, so I think you're seeing a lot of. I think, with a lot of Private operators, we're going to have to start seeing a lot More of an entrepreneurial spirit when that that's thinking outside the box, how to get creative, how to Collaborate with things. So it's a very interesting time for Private operators. Alright, moving forward.

Speaker 1:

Oh, tian Dou, okay, well, tian Dou, who's leading Up high here right now leading some Parent child well a pioneer right now leading some parent-child well operations. So she led a great testimony, saying it's a rare opportunity to connect with industry professionals and leaders while also learning about innovative technologies from OFS companies. So again, these conversations are not there to pitch, sell, convince or present. It's there to actually engage in conversations, solutions-focused conversations for our industry. All right, drew Limbacher crushed this. So what's interesting about Drew Limbacher? Drew Limbacher actually kicked off the first Operator Roundtable series in Houston, texas, last year, in 2024. This was after the successful sale of Venture, when he was COO and I asked him to lead a roundtable in 2024. Hey, what did you experience? You know what advice do you have from people around the table? And it was so cool to have him come back to the table a year from that now with a team now seeing what he predicted come to fruition. So, drew Lindbacher awesome, awesome guy. He's the CEO at Cedar Creek Energy Partners. They do operating, contracting and also looking for deals out there. So if you have anything for Drew, reach out to him.

Speaker 1:

So then the topic was selling smart Scaling. Smarter is the Permian Basin Silly Crown drill. So pretty much this concept was how do private operators scale effectively and efficiently in this market? And also, should we still be going after Permian Basin when it comes to kind of finding deals? All right, the first thing that we, as you can see, we had some great attendees at the table, great sponsors. We had some new sponsors at the table as well.

Speaker 1:

As you can see, we dove into private operator strategy and market adaptation. That was the first thing we kind of dove into. So operators shared kind of how consolidation and high deal competition and private equity expectations are forcing smaller teams to rethink strategies. We talked about that Self-funding teams are adapting by foregoing salaries and building niche value through operational partnerships, contract operating and creative deal structures to stay competitive. So, again, if you're a private operator out there, now is the time to start thinking outside the box. Now's the time to start thinking about what can we do differently that the other private operators, teams, are not doing? Okay, so really, it's finding your niche. All right, then we dove into. Of course, I think we can read between the lines.

Speaker 1:

One of the key themes that we're talking about at every single table is AI automation Promise and pitfalls we talked about. So there's a lot of optimism surrounding AI, improving operations, data management. Participants highlighted you know we all highlighted kind of its limitations that it seems like the limitations is a lot of human trust, like we're not trusting the output of AI. I'm curious on when that's going to kind of quickly change, because I feel like it will quickly change. Many use AI for document recognition or analytics, but inconsistent data entry and poor standardization hinder true automation. Human judgment remains irreplaceable, especially in dynamic environments like data pool drilling. So, again, ai is here. You're seeing certain companies where you just program your parameters into these AI formulas and it kind of creates kind of your drilling program or whatever that is, but there is some sense of human innovation that comes to kind of carrying out these processes. We dove into that at the last Crew Club Roundtable in Oklahoma when we talked about signups. There is some sense of the human element is continuing to remain creative when it comes to things. All right.

Speaker 1:

We also talked about creative deal flow in a tight market. What's going on with us? Okay, creative deal flow in a tight market. So Drew shared that. You know conventional deal routes are drying up or too competitive. There's a lot of public money out there right now. The super majors are now competing against these same things that the smaller operators are competing against things, that the smaller operators competing against um teams are leveraging deep industry relationships, contract ops, mineral bundling or even partnering with bitcoin miners to create cash flow. Hey, bitcoin, what's 2021? I love it all right.

Speaker 1:

Strategic creativity is now essential in securing deals and covering gna. I asked true, what is the most crucial thing whenever you are trying to find, operate a capital, whenever you are trying to find deals? Maybe you are trying to find a capital whenever you are trying to find deals, whenever you are trying to find people to build your team and, shocker, you know what it is. Networks, your networks, matter now more than ever, and again I said this during the Late Optic Leveled Up podcast. It doesn't matter how efficient and effective you are at drilling a well, running a frack spread or anything like that. It matters who you know. So go out there, build your networks. You don't have to get sold, you don't have to do anything. Build your network strategically. Learn from others out there. I always find that on the service side, those are the subject matter experts. So connect with a couple that may be outside your bubble and learn about maybe some emerging technology. That's a good way to stay competitive, too, in this market. All right, moving forward, I want to give a shout out. Thank you to everyone. As you can see, this table is packed Great discussions.

Speaker 1:

Justin Pritchard-Jones, the production manager of Tree Operating, says that crew clubs disrupted the oil and gas networking space. The interaction between operators never occur at a conference or any other industry event. That's what I'm very proud about. It's significantly grown his network and I had a really great time at each event. Listen, just because we're talking all this high-level stuff doesn't mean we're not having a good time. All right. Jeremy Entz, the VP of Operations, engineering and Ascent Resources.

Speaker 1:

Again, love this dude. I met him through, again, a crew club event. I didn't know anyone in Oklahoma City Met him. One of the brightest, sharpest, kindest guys out there Really enjoyed having him at the table every single time. Great insight, just a great person. All in all he brought to the table, which I love about this we got more of the operational side of things which I think we'll be leaning towards to as we evolve at Crew Club. But he talked about extreme long ladders how far can we go, how far should we go and this was kind of a cool conversation because around the table we had the majority of operators that operate in the Utica region at the table talking about sharing their knowledge, sharing their experience, best practices and pitfalls when it comes to kind of how deep can they go in that region. So I think we had about 80% of the operators that operate in that region at that table, all sharing ideas. It was a wonderful, wonderful thing.

Speaker 1:

Again, you know I'm not an engineer but whenever I'm at these tables and these engineering conversations go, people start diving into the STEM side of things the operations, the phishing, whatever. I love it. I don't know it's all over my head, but I love facilitating these conversations because it's such a bright, intelligent industry we're in I think it's pretty cool. So Jeremy talked. So the four key takeaways that we talked about here was participants highlighted the first off technical innovation. All right, I'm getting giddy, so I'm kind of moving ahead of us. Participants highlighted the rapid adoption of new technologies, including rotary steerable systems, digital modeling and software platforms to improve efficiency and reduce operational errors. So we talked about kind of how we went from kind of a standardization of two miles, you know, several years ago. Now we're almost up to three and four miles, being industry regular up there. So it was very interesting.

Speaker 1:

Discussions emphasize the need for integrating innovation from both operators and service. So this is where the collaboration of conversations started happening to keep up with the demands of extended laterals and complex divisions. This is kind of the beautiful part of a crew club I. So a lot of times solutions are formed with an idea of what the customer wants, with an idea of I think this is something that might fit kind of what they're looking for to increase efficiency. So, whatever that is. However, usually after so long you know, the service owner is putting money, money, money and they go out and kind of pitch it or try to put it into their customers' hands and it's not what they want. So these conversations that start from square one around the table, what are the actual challenges, what are the actual solutions we're looking for? It really is a great square one base to start kind of having these impactful conversations that are moving industry forward.

Speaker 1:

So the second thing we talked about was operational risks. Around the table we do an extended lateral so as laterals get longer, risk mitigation becomes even more critical. Operators discuss real-world challenges like strain outs, torque issues and the need for better contingency planning. There was a consensus that early planning and cross-functional coordination between drilling and completion teams can help avoid costly downtime. Okay, and again, I think they've gotten so efficient at it. I think, let's say they did 60 wells I'm just throwing this number out. Let's say they did 60 extended laterals last year. Their success rate is pretty much 58 of those wells are successful Some astronomical number of a great success rate. And that is through planning, that is through communication, that's through all those success rate, and that is through planning, that is through communication, that's through all those All right.

Speaker 1:

So, and the last thing we talked about was completion challenges. So that seemed to be kind of holding us back from going deeper. All right, that kind of like the land permitting issue. So completion challenges, screen outs, plug and perf efficiencies, wireline limitations and intervention strategies were all cut. We all talked about it around the table. One key insight was the need for better pre-job modeling and communication to avoid wash and ring cycles and reduce operational friction between wireline, coil, tubing and fractures. All right. So it seems like the thing that's kind of holding us back is the technology and equipment on the completion side. Can it go that deep? Can it withstand the temperatures? Can it withstand all that stuff? All right. So now we talked about extended lateral spiraling.

Speaker 1:

Again, as you can see, we dive into a lot of different things and we kind of we touch on the topic at the end. I set it up While operators are routinely drilling three to four mile laterals. The conversation centered around how far is too far, right? It's no longer just a technical limit, it's about balancing economics, operational risk and completion feasibility. Questions around the cost benefit, tool limits and success rates dominated this portion of the conversation. So again we're talking about what can we do realistically and what can we do hypothetically, and what we got to do to get there. So again, great conversation. Thank you, jeremy, for running it Again. If you're interested in any one of these, I know again there's a lot of information going on right now, a lot of things I'm spitting off. If you want to catch up with this, we're going to do an energy crew, but head to crewclubcom register, click the link, register there. It's going to bring you to another website. Register there to begin to receive event information, whether you're an operator or a service guy.

Speaker 1:

All right, jason Churchill, ceo of PetroLegacy. I became a friend when I first started my sales career in 2012. He led a fantastic, fantastic conversation in Denver about a delegation and it was a real mastermind leadership MBA style discussion. So, as you can see, he was impressed and humbled by the candid input he received from a wide spectrum of talented and driven individuals. Thank you, jason, for that testimony.

Speaker 1:

Dallas we had Emily Easley lead a discussion. Emily is the CEO and founder of Novus Energy Advisors out of Washington DC. She works very closely with a lot of federal agencies and companies to help navigate through energy policy, so we brought her in to kind of lead her expertise on what she's seeing on the federal level. So she discussed her topic for the Molecule, misi Electro Navigating Gas, navigating gas-electric integration and policy transitions in 2025. Okay, so, as you can see you can see up top you see everyone that participates around that table and the conversations we had. So the first thing that was brought up, the key takeaway was federal energy policy and political influence.

Speaker 1:

Okay, the discussion emphasized how current and upcoming federal administration policies will shape the energy landscape. Coming federal administration policies will shape the energy landscape. All right, appointments and strategic messaging out of DC were highlighted as pivotal reshaping oil and gas operations, permitting and investment strategies. So, again, having more of a connection, having more of a conversation with DC, what's going on with that? All right, regulatory challenges and opportunities. While federal regulation is tightening LNG bans, methane rules, permitting restrictions, there's real opportunity for the oil and gas sector and how companies adapt and navigate this new environment. The key is knowing where to look and staying informed of policy changes. So, again, we talked about this. Last year we had Ryan Walker, who is over at Shoemaker Advisors from DC. He's going to be leading one forward this year in April. But he came down and he said listen, if you do want to say competitive advantage, if you want to be competitive, if you do want to stay up to date and you want to be reactive, it's getting involved in energy policy, whether it's local or on the DC level. Just having some awareness of what's happening on the federal landscape is extremely important in this day and age.

Speaker 1:

We talked about natural gas, renewables and the grid. All right, the roundtable will explore the intersection of natural gas and electricity demand. All right, where that's going. There's been a lot of conversation about electricity demand, power demand, all that stuff, especially with data systems. So there's a lot of conversation to have around that. We're actually covering that in May with Dan Romano, the managing director of Pickard Energy Partners Excuse me for diving into this In. Take, our energy partner. She's going to be diving into this In May. There's still sponsorships open for that if you're interested.

Speaker 1:

So we talked about the growing grid stress and energy needs to make natural gas crucial components to build. So natural gas. We need to be relying on that more and more as we move forward with power demand. Even as renewables rise, participants express skepticism over solar subsidies and stress the continued need for traditional fuels. I think we all understand the importance of having reliable, transportable, affordable fuel at the table, especially if you're diving into this with me today, all right.

Speaker 1:

And now we're talking about the disconnect between DC and the industry, and we're seeing this a lot more right now, especially with Chris Wright. You're seeing this all on Twitter right now Chris Wright, drill, baby, drill $50 and all this stuff. So there is going to be a disconnect between DC and the reality of things, just like there's a disconnect between office policies and what happens in the field. But we've got to have communication to bridge that disconnect. All right, a reoccurring theme was the wide gap between Washington's policy intentions and real-world operations needs. This disconnect can be a barrier or competitive advantage, depending on how aware and proactive companies are. Staying ahead, meaning bridging that divide through advocacy, education and strategic planning. All right, moving forward. Oh my, another testimony, drew. What are you doing here? All right, we got another testimony, drew Limbacher, who's led two roundtable conversations the intended one in Houston, I think, oklahoma and Midland, but anyway, led a great testimony here about kind of his experience, not only just leading roundtable discussions, but the connections he's made as well.

Speaker 1:

So, drew, thank you for that test. This is where this handsome gentleman led a discussion about AI and automation in the oil. This was in Denver on February 20th. And that's me. It's the handsome gentleman. Oh, that's Brandon right there.

Speaker 1:

All right, one of the hot topics we're all talking about, as you can see, is AI and automation. I think it's constantly to continue to discuss AI, because I'll tell you why I'm thinking this at the end of the day Actually I'll say it now At the end of the day, I feel that everyone understands the power of it. Everyone understands that ai is coming to work life or workflows, everything like that. I don't think anyone actually understands it's potential. I really, really don't, especially after this conversation. Let's dive into why. All right, so ai, um and automation where are we now? In the old field?

Speaker 1:

Justin kilb, uh, who is one of the brightest, uh, coolest cats out there, uh, led one of these conversations last February in Denver and it was interesting to see kind of how far we've come in AI but also how we haven't really had made many steps since last year as we begin to integrate this. So we talked about AI integration operations. So we discussed kind of around the table. We highlighted widespread exploration and experimentation with AI across the industry. Operators are using AI to enhance efficiencies in maintenance, failure prediction and production optimization. Again, remember this, we talked about this in Houston. Okay, there's an interest in gen AI applications and natural language tools, but a recognition that the technology is still being figured out. So, again, we're using it. We're using it. We're using it, however, we're using it. We're using it. We're using it. However, we're still trying to understand how we can actually use this to its potential. All right, we're still not there yet.

Speaker 1:

All right, we talked about data, data, data, data the foundation for decision-making. All right, obviously, data was king. Now it's continuing to be more prevalent to the table, especially clean data. Get that dirty data out of here. Y'all, all right. Data quality, governance and availability continues to be a core challenge for a lot of companies utilizing AI. Without clean, structured data, ai tools can't function effectively. Participants emphasize, participants around the table emphasize the need for better tagging, organization and contextual understanding of operational data to enable trustworthy AI outputs. Okay, so, hey, it is all about data. It's all about that clean, 100% data. Don't give me that dirty data.

Speaker 1:

All right, we discussed tools versus strategy. What does that mean? I don't know. Let's find out. Okay, there's a clear divide right now between tech tools that exist and whether they truly support business objectives.

Speaker 1:

Many at the table expressed concern over tech being developed in silos. All right, again, when does that happen? That's when conversations don't happen. Again. Network, again, crew club Conversations. Network All right. Conversations need to happen to further industry moving forward. Okay, without. So operating silos without input from field users or operations teams. Aligning tools to solve real operator problems was a consistent theme, and so this is kind of what we discussed at teams and at companies. Are these teams doing AI or is it a set group that's kind of implementing AI, or is it kind of a collaborative approach around the table with these companies? Are they developing their AI software together or do they have a geek squad running that? So again, this is one of those things that AI is still fresh to the table. So thank you all for joining the table, joining the conversation. Again, at the end of this conversation I realized that AI obviously is here.

Speaker 1:

Ai, people understand how to use it, but now it's one of those things. It's where we all understand it, but we don't understand the potential of where it's going. People say they do, but at the end of the day I kind of pick up that no one really understands, no one really grasps the potential benefits of utilizing AI, and I'm kind of curious when people start relying on AI decision outputs over human experience and when that becomes a standard operating procedure in a lot of companies, like, oh, why did you make this decision? The AI model said this, so that's going to be an interesting thing as we evolve. But again, it's gonna be, that's gonna be how we grow. We gotta, we gotta, hit these uh bottlenecks to grow.

Speaker 1:

All right, let's get into other stuff. Oh, jim holmes. This is the first guy that I uh, that I had to tap out uh, in jujitsu. Jim holmes, the uh, the ceo of the ceo and president of lfs chemistry, um, great guy. Um, I did, he was. He's a blue belt, I'm a white belt, I did, he was. He's a blue belt, I'm a white belt, I did tap him. But anyway, he's been a part of crew club for a long time and and he's thanks to, the events are pretty much a great sort, great use of time and energy and effort. So new relationships, opportunities for new, engaging, meaningful conversations is one of the of being part of these events. Thank you, jim, and I'll see you on the map, buddy.

Speaker 1:

All right, we're coming up towards the end. So we got two more to go, all right, midland and then Oklahoma City, rory Chalmers again awesome, awesome, I'm saying yeah, but anyway, amazing, amazing person brought an amazing conversation to the table. And this is kind of during the time, during the time still this month, but this is around a time that a lot of companies were announcing workforce reductions, all right, and I think we kind of ran the numbers from major operators alone. We're looking at globally 21,000, over 21,000 people that will be let go, that will have to find new roles, whether it's in the industry or out of the industry. So this conversation really kind of focused on kind of workforce reduction and how to navigate this environment. So, all right, so let's dive into some water. This light over here is hot, all right.

Speaker 1:

The first thing obviously we talked about was navigating workforce reduction in a high performance market. Again, this is one of those things where it's not a question of how well you can drill a well, how well you drill a well or how good you are running a frack or anything like that. Your career stability in a volatile market will be based off of your network. It is who you know. Again, whether you're a private operator. People think about networking as a place to find jobs. Let me tell you this your networks definitely matter. On capital, you can raise the deals that you find, jobs that you may be able to find the opportunities that are out there. It's not just finding your next job, it's understanding the industry more. It's understanding what's out there more and see if you can help other people out. So please, go out there and build your network. All right, take a lunch with someone that you've never taken a lunch with. You never know who you're going to meet. All right, so all right. The first key takeaway Despite strong oil prices and company profitability, workforce reductions continue.

Speaker 1:

Okay, and they will continue. Rory shared that he's personally experienced five downturns in his career One in the first half of his career and four in the second half of his career. So think about that, the booms and busts. It's kind of flatline. It's kind of I feel like it's going like this. But anyway, the conversation highlighted the differences in today's busts, today's reductions, versus previously, where companies are now doing more with less, and we've all talked about that. Now we actually can utilize AI and automation, and the importance of staying agile and connected.

Speaker 1:

In today's environment, downsizing is no longer only a cost saving strategy during downturns, but part of an ongoing operational shifts, and this is one of those things too. It's like we've been doing crew club for about three and a half years, and a lot of times we'll extend the invite to people and they might be busy, life might get in the way, they might be securing their job at a VP here, a manager here, but whenever you are met with the workforce reduction, at the end of the day you need to have your network. And then they reach out and they're like, hey, I could join the table now. Well, you should have been building your networks in eight months, because there's been a lot of reductions in that eight months, a lot of people, talented people on the market. So there are eight months ahead of you. So again, don't wait till you need. I always say networking is like a guard. You don't plan it when you're starving and you need the nutrients. You plan it when you have time, energy and effort. So remember, build your guard.

Speaker 1:

Okay, then we got into outsourcing and AI integration impact on engineering operations. This is what I thought was fascinating. All right, so many operators share concerns about how AI and outsourcing are changing the roles. As an engineer. Standardization allows for easier handoffs, like the whole cookie cutter model, but risk of losing institutional knowledge and operational nuance. All right, participants voice concern over engineering jobs moving overseas and how AI is replacing, or should augment, technical decision making. We talked about this. Now there's over 2000 engineers, I think, in Bangladesh. That's a couple of super majors are now outsourcing engineering. So as an engineer, I think that's just one of those things that it's a reality that you face. Like the engineer, jobs are being outsourced. Now Will that come back? We're not there yet, but potentially it might. But how do you stay competitive? How do you? How do you stay competitive in this market and to increase your chances of having a stable, uh career? That's through your networks, that's through understanding what's happening industry and hint fruit club. All right, we talked about uh what?

Speaker 1:

The decline of mentorship and knowledge transfer. Okay, so as the workforce shrinks and the senior talent exits, the industry is experiencing a mentorship vacuum. Instead of investing in the next generation, some organizations are focused solely on output. Several participants emphasize the importance of active mentorship and knowledge capture to ensure future operations successes. This is one of those things we talked about. Mentorship is not management. Management is not mentorship. You need to find mentorships within your organization or mentor other people. I don't care how much experience you have. You can be a mentor. Reach out to someone at your company. You can be a mentor to someone older than you at your company if you understand whether it's this new tech, ai or anything like that. So mentorship can work both ways, All right.

Speaker 1:

And then, last, we talked about industry consolidation, the rise of strategic partnerships. Again, we heard about that. We heard about this in the Houston roundtable. We heard about this from Drew Lindbach. Strategic partnerships Okay, the group discussed the growing consolidation among both operators and service companies. Okay, as larger firms dominate the basin. Okay, smaller players are seeking strategic partnerships to stay relevant. New models like developing acreage for a share of production instead of outright buying or gaining traction. So these farm out conversations need to start happening, but the question is, when are they going to start happening? You have a lot of private operators sitting on the sidelines waiting to get in on the action, but the question is when are they going to start happening? You have a lot of private operators sitting on the sidelines waiting to get in on the action, but a lot of the super majors aren't having these conversations yet as they're still kind of going over their end. So it just makes sense it's time to play Zach Keller.

Speaker 1:

Zach Keller had a phenomenal one. If you don't know Zach out there one of the best cats out there. He led a great discussion on Meeting the future energy and electricity power demand Last 2024 around the crew club table. He's been a part of a lot of crew club events and he's First off. He's just all about great cars, but his insight Because he's very knowledgeable on the power side of things the power demand also but his insight, input and how processes are done, how operators and service companies interact. I love having him at the table because I love his insights and, plus, all in all, he's just a cool cat. So thank you, zach, for your testimony.

Speaker 1:

All right, let's dive into the last crew club event. There we're going to get into kind of some overall key things that kind of popped up throughout each event, all right? So Brandon Conner, the SimOps completions consultant, love this dude. If you don't connect with him on LinkedIn, please do. He provides a lot of real world grit and optimism in this dark oil patch. Love Brandon, and so I asked him to lead a conversation and I want him to kind of talk about. I think he's a. I think he's a pioneer when it comes to sign-ups in the field, very knowledgeable, knows what he's doing and I loved having him at the table to lead this round table discussion about sign-ups. So again, we talked about getting to see the people here that are at the table. We talked.

Speaker 1:

The first key takeaway was communication gaps in Simon. All right, we emphasize that even the best plans can fail without clear, real-time communication across multiple departments. Okay, again, communication is key. Just because you say something and you think you mean what you say doesn't mean that other person understands what you're saying. So clear communication is key. Again, that's something that I teach over at ExecTrue. But communication how we properly communicate so the other person actually understands the direction we're going is so crucial to sign-ups in a lot of different operations. Misalignment between drilling and completions or poor relay and proof updates often creates unnecessary hazards and inefficiencies. So at this point it's not about being efficient Now, it's about creating hazards if you're not communicating effectively. That is again I highlight this in exec group. Communication is key. It's how we communicate is extremely important.

Speaker 1:

Then we brought in the value of SimOps coordinating. Brandon talked about the emergent best practice is actually bringing in someone to kind of lead the SimOps coordinator, who brings departments together and ensures all operations and updates flow through one centralized point of contact. I think that is extremely important, especially in SimOps. As you're trying new methods, as you're trying new approaches, you all have to be on the same page because things can go wrong, people can get hurt. So understanding everything that's going on from a 30,000 foot view dialed in having that SimOps coordinator probably will be beneficial. Don't wait to have the experience before you actually have the role. If that makes sense, alright.

Speaker 1:

Field level ownership of safety. Safety isn't just the HSC team's responsibility. It's about ownership at the field level. Brandon challenged operators to build safety first mindsets across every discipline, especially during high-risk time-off scenarios. Again, safety is king. If you're not being safe, you're not going to operate. So again, safety is king. All right.

Speaker 1:

Then we talked about standardization versus field flexibility. This is where we kind of talked about okay, listen, there's a lot of these models right now you and AI, this AI that. Brandon had a great point. He was like, hey, listen, at the end of the day, I love technology. I think it's definitely needed. I love incorporating it, I love bringing it to the table. However, at the end of the day, an AI model is not going to come up with a new idea or a new safety border or something like that whenever you are doing this. So again, the human element, when we are on the forefront of again, georgia Jackson, trimel Frack and all that stuff, communication will continue to matter.

Speaker 1:

So that concludes the roundtable portion that we had, and those were specific takeaways from the events. Now I want to dive into kind of the four things that we saw around all these different tables. Number one a common theme that we all talked about was workforce reduction and industry efficiencies. All right, I think Rory Chalmers had this stat that 10 years ago the industry took 600,000 people to stay functional. Now, 10 years later, that's 380,000. That's, I think, a 37% reduction in workforce. Yet we've increased energy production by 47%. So these gains in efficiencies are due to automation, ai integration and outsourcing, particularly of engineering. This creates significant skill gaps and knowledge loss, experienced in fewer mentorship programs and shrinking pipeline petroleum engineering students. So this is kind of a two-sided situation. Right here.

Speaker 1:

One takeaway that we all have is hey, let's go be productive, find a mint. Yeah, this is a great way to phrase this Wow, 100%. Wow, that's insane. That was a great way to kick it off, because it shows you the reality of a constantly shrinking consulting market, but what that means is how to stay competitive, how to stay relevant, is understanding the things that are driving this industry. That's through not just AI is extremely important, but also that's through human HI, human interaction, human conversations. Okay, all right, thank you, joe. Hey, appreciate you. Thank you, joey, be good, have a great day.

Speaker 1:

All right, then the second thing we talk about, obviously, is AI and automation Innovation with uncertainty. Companies are testing and employing AI at different levels from driverless. Oh wait, hold on. This is pretty cool. Okay, one quote from the workforce productions from the middle and round tables were producing more with less, but when senior engineers retire, who's passing the knowledge on? And I think stuff like Collide and a lot of these siloed AI models are trying to do that, but isn't capturing everything. Ai automation from the Denver Roundtable. We're still unsure of AI's full capabilities, but the companies who figure it out first will lead and I think we will be seeing that. So companies are testing and deploying at different levels from driverless sand trucks. We saw that with Atlas. I think it's Atlas Energy Solutions they had the driverless sand trucks out there, which is to me fascinating to automated completions. We talked in Oklahoma City that the prediction is in a couple months, maybe a year. It's getting to the point where all you do is plug in parameters on a frac sprint and they'll be doing that, so the frac engineering and all that stuff won't be as necessary.

Speaker 1:

Most see the potential for decision making and efficiencies, but there's still a lack of clarity about long-term impacts and roles and on operations. Again, we're at the frontier of this. Ai has been one of our lives for a year and a half, primarily the majority of us using it. I think we're just at the cusp of actually understanding not even understanding, just utilizing it. I don't think we understand. We're utilizing it. Yet You're using it for this, using it for this. There's no general consensus of how companies are utilizing AI. Adoption is faster among larger companies because I think they can allocate resources and teams, but even smaller operators are exploring digital integration to remain competitive. What took hours to get permittings, now people are doing that in minutes, so it's kind of cool to see the efficiency. My question is if you have all that free time now? What are you doing? Where are you spending your time? Hopefully you're doing something you enjoy.

Speaker 1:

Energy policy this was another thing that was brought up kind of every single event that we had From the Dallas Roundtable. It's hard to plan when the rules keep shifting. We need policy that matches operational realities. Who was I having a conversation with about this? Oh yeah, brandon. So I was talking to Brandon Connor about this, about kind of like, what's going to take for this industry more stable, for things to start flowing, capital to start flowing in more. And in reality, it said, the industry has gotten political. So now people are very hesitant about deploying capital in the market when in three years things could change. In four years they could change. Nothing's guaranteed. So, again, the risk to invest in domestic oil and gas is still there. So how do you navigate that? So number one conversation in Dallas and in Denver highlighted uncertainty around federal regulations permitting terrorist LG export. So, again, how do you plan your business when there's all these exterior things, environmental things that you can't control?

Speaker 1:

All right, there's a disconnect between DC and the field, especially on natural gas and infrastructure policies. I think we're way behind on infrastructure policies and that's a bottleneck that a lot of people know we all talk about, but I'm not sure what's being done. It's nerve wracking. Operators are looking for predictability and smart advocacy to bridge policy with operations. Predictability hey, let me know when we figure that out. All right.

Speaker 1:

Then the last thing we talked about was operate. I want to again, truthfully. We're moving towards more to operation conversations, but we talked about operations, extended laterals, sign-offs and execution risks. All about operations, extended laterals, sim ops and execution risk. All right, extended laterals continue to push boundaries. We're seeing now what the U-turn wells. Now we're seeing paperclip wells. We're seeing W. We're seeing these crazy designs that are out there. To me, I think it's interesting and fascinating. It's actually pretty cool. All right, what's that kind name in the sky or the clouds? Let's get a J, j-p plus M-W. All right. But the biggest limitations on the completion side, particularly the equipment Can the equipment reach the lengths? Can the completion equipment withstand the temperatures and the depths Around the table? In Oklahoma City? I guess not.

Speaker 1:

So CYMOPS was a standout topic with major focus on communication, leadership and on-site decision-making across crews. The evolution risk profiles require better collaboration and transparency between drilling, completion and production teams. Kate Hyken brought this point up. I had my first podcast effort. She brought this up. She's like just because you're completionist, just because you're drilling, just because you're production, take this away from the operators. This is on the service side too. Just because you're in your role doesn't mean you need to be siloed. You need to understand what is influencing the other person's decision, especially your management decisions on moving forward, especially other team when you hand off a project. So, again, better communication, hint, hint, exactly. Better communication is key to have more efficient operations and also, just kind of, again, stability in the ballroom market operations and also just kind of, again, stability in the Baltimore market Upcoming.

Speaker 1:

I am very excited about this upcoming. Again, this isn't up to date. This isn't up to date. We're continuing to add decisions. We're continuing to add decisions. We're continuing to add discussions around tables. So, again, this is just what we have confirmed. Right now, we got two exciting announcements to make, which is why you need to head over to crewclubcom, register there so you can stay up to date on number one, where we're having these events, what the topic's going to be and how you can get a seat at the table. Again, operators and invitational only Service companies if you want to join the table. Single event sponsorship is open. We have one upcoming in Houston with Alex McDonald's going to be talking about how to increase collaboration and transparency between operators and service companies. That's going to be April 3rd. We're at capacity, we're sold out. Sorry, you should have hopped on before April 10th. In Denver we have Craig Miley, the Senior Manager at DNC of US Operations, at Oventive talking about balancing speed, cost and quality in operations. We have two sponsorship spots open for that and a few spaces remaining for operators not many, so we're expecting that to be at capacity. So if you aren't in joining, sign up register, reach out.

Speaker 1:

At Fort Worth we're bringing Ryan Walker, our buddy from DC, to lead another conversation about navigating energy policy on the federal level. I love Ryan's insight. He always comes in, brings in some. You talk about bridging between the service side or the industry in DC. Ryan is a steadfast proponent of that. That's what he's doing. That's what he's trying to do.

Speaker 1:

We have Levi Harris, the production manager of Permian Resource. We're still finding a topic. He's really diving into something that's going to benefit not just his team but the industry out there. So I'm excited about his topic out there and the red numbers you see above all, these names are the number of sponsorships we have available. So don't wait. Sponsorship is getting full. All right, here's Dan Romito, the managing director of Pickering Energy Partners, talking about the energy, power and water paradigm for texts. So that's going to be an interesting thing on kind of Dan's been leading this. He's an advocate about the industry, so it's going to be a great conversation how we discuss the energy expectations with energy realities.

Speaker 1:

Bill Knox, the VP of operations at Anschutz, will be leading a great conversation in June. Kate Hyken is immediately in the ground. What? No way, yo. What's going on? Alex, thanks for tuning in, man, I appreciate that. So Alex is tuning in. He's excited. It's going to be great. I'm excited about that too. Again, alex I met Alex through Crew Club, started coming to the table, started providing this insight. Again, love having people of Alex's caliber at the table just being just great insight, great perspective and great kind of collaboration, collaborative conversations, and I think he's he wants to move the industry forward just as much as everyone at the table, and I love the people that show up at the table. All right, kate Hyken is going to be leading conversation in July about human engineering leveraging the human element to drive operational excellence. And then Mike Umbro, my bro from California, who leads the California Energy and Science, whose whole thing is kind of highlighting energy realities and how poor energy policies affect consumers of California and he's done great things over there. But he's going to be leading the conversation in Denver in September. We have two more special people leading the event I'm going to announce once we confirm. One's going to be in Midland, it's going to be the DNC operation manager and a large operator, and the other one is going to be a senior completions engineer at a yeah, they're public now in Oklahoma. So we're excited about that.

Speaker 1:

Sign up at crewclubcom. Stay up to date with everything going on. Even if you're interested, join the table. Thank you to all of our sponsors who have joined the table. We have some sponsors who have joined us previously in the past, but also we have some new ones Detection WorkRise New to the Table. Welldry Elefant's Chemistry has been around for a long time time to tell you. All these people who join the table all provide us some great insights and powerful conversations. So, that being said, look at all these smiling faces. Look at all these smiling faces. That's what it's all about. All right, good people around the table, good food, good conversations and good opportunities presenting themselves. This is kind of cool. This is the one who first started crew club, where we're at now. Uh, we started in 2021 q4. We've had over 1300 operators at the table, so I just wanted to thank everyone out there for tuning in at this energy policy at this roundtable recap.

Speaker 1:

That is 55 minutes of me talking, rambling. Thank you so much for tuning in. If you have any questions you want to chime in or any insights you want to take, throw them in the comments here. I'm probably going to leave this open for another 30 seconds if there's no dialogue. But again, you can find us on Energy Crew Podcast. We'll be releasing it on that. But if you want to join the table, you want to see at the table. There's no better way to get connected strategically and also to have better conversations. So I want to thank everyone out there for tuning in. Is there any comments, gripes, complaints, things that people want to share? Interesting things out there, mueller. Well, on that note, I'll take that back. Thank you for tuning in.

Speaker 1:

All day, everyone. I hope you have a great day, monica. I hope you have a great day as well, better than most. Just because you're my wife, I can say that. So I want to thank everyone out there for tuning in, please.

Speaker 1:

At the end of the day, there's a couple of things I'm going to say. Number one AI is here. I would say this whether you understand it or not, dive into, maybe, provide it, maybe let me get my thoughts right. Okay, we talked about it. All right, with AI, try to learn something that can optimize your workflow faster. Sorry, adam, I'm losing focus right now because of poor sleep. But hey, adam, thanks for tuning in. Great seeing you, adam. But yeah, if you are out there, utilize something AI. Start incorporating some AI in your workflow. What can you learn outside of what your company is doing to increase your efficiency? Save time. I think learning about AI and understanding it is the only way to start kind of diving into it.

Speaker 1:

Number two obviously, keep networking out there. Build your network strategically. Who do you need to be around and you want to be around? Who should you be around? Make a list, connect on a genuine level. Stop trying to sell things to people. If you're a service company out there, interact, build relationships. This is where everyone's going to benefit from this.

Speaker 1:

All right, um omar, good afternoon for connections. Keep it going. Thanks to takeaways. Jp, omar, I love you brother. Oh, gary, jeffrey from, I think I I think they're tuning in now because I said I'm gonna shout out I love it. Uh, matthew barnes. Matthew barnes, a new member of a new sponsor, you can connect with him. Fort worth, he joined us in dallas. And again, uh, strata innovations, check, check them out. But again, so, build your network strategically.

Speaker 1:

And the third thing I was going to say is, yeah, it's kind of interesting times right now in the oil field. No one really knows what's going on or anything like that. So the best thing we need to do, stay connected, stay engaged, have conversations with people and, yeah, just again, try to help people out out there. All right, as we it's, as we say we're from 600,000 people, 380, that's about to get smaller. What's going to help us navigate through volatile times is our connection. So, hey, thank you everyone out there. Y'all be good.

Speaker 1:

Um, and I want to thank everyone out there for tuning in. I want to thank all the sponsors at the table, I want to thank all the operators at the table. Crew Club is the place where introverts can actually network and actually connect with people. That's my point. So thank you, all out there, have a great day, and if you are, I'm not going to do that. Anyway, I'm doing a confidence connections how to communicate and connect with people better on April 2nd. If you're interested in attending that, that's my exact free thing. That's why I how to have better connections, how to build your network strategically. I am doing a seminar April 2nd in Houston from 9 to 11.30 am on Wednesday. Reach out to me if you're interested about joining. So everyone, y'all be good and I'm just under an hour Later. Thank you.