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Posts Tagged ‘oil and gas’

donald-trump1So I’ve been quiet for a wee while. Call it 10 months of quiet?

Part of it is that little has changed in the industries I work in:

Oil & Gas   

Every commodity has its ups and downs, but oil & gas has swirled around its latest downturn since June 2014. It’s the same old story: Ask a dozen talking heads why this happened and you’ll get a dozen different answers (bonus points if the speaker gives contradictory views of OPEC in the same hypothesis). Despite that, there are reasons to be hopeful, including rig counts increasing most weeks. While some of that is because exploration had stalled for long enough that eventually you can’t go anywhere but up, more rigs equals more new drilling, and new production—whether it should be or not—is the accepted indicator of oil & gas health in the U.S.

Despite these hopeful signs, as of early 2017, the industry is still largely on hold. Normally this happens in January each year because companies are still waiting for approved annual budgets to proceed with anything. In lean times, annual budgets can sometimes be held back until February or March. However, this year, everyone is waiting to see what President Trump will do. Whether individuals may have a favorable or negative view of Donald Trump, the oil & gas companies overall believe his policies will be favorable to the industry. How many regulations will be scaled back and how consistent he’ll be has yet to be seen, but in every meeting, every phone call, and every email, the same hold line comes up: “Let’s see what President Trump will do.”

Water

I’ll make this one short: People still don’t care about water.

There’s a belief that we will care about water someday soon, but it’s the same belief accompanied with the same inaction year after year. Even environmentalists don’t care that much about water. It still takes a backseat to solar power and wind power.

I met with a guy this week who talked about his company’s testing water standards 15-20 years ago. At the end of their filtration, they’d have some of the water off to the side, and place a catfish in there. If you killed that bottom feeder, then you knew you messed up. While standards have gotten more objective than seeing if you can keep from killing a bacteria loving vacuum-fish, they aren’t universal. Every industry needs regulation; the goal is to have good regulation—promoting safety for people and the environment while allowing businesses to pursue success—but it’s easy to get the pendulum swinging in the wrong direction.

Since I mentioned wind power and solar energy:

  • There are still (inaccurate) stories about too many birds getting diced by wind power turbines. What I don’t hear is that the wind power design you’re most likely to see are some of the least efficient. Making lighter blades, using lighter material—none of this changes the limitations of the design. Most of the better designs—that appear more static, but are better at generating energy off each vibration—don’t make it to market, but that’s any industry: the best design rarely gets the market share (or even a viable business).
  • Solar still has issues with sourcing the right metals. This metal needs to be A) affordable; and B) have consistent high conductivity. The issue is that it’s still hard to find both. If the metal is affordable, it’s often not in the U.S., but making sure you get what you paid for is harder when you’re thousands of miles away. Then, if the metal is of the right quality, it’s harder to get affordably and consistently. Thus any innovation of the solar power industry is still limited by basic sourcing issues.

Okay, so things are kind of stuck, but if there’s one thing I’ve learned is that anger does little to build anything meaningful. As Sam Rayburn said, “Any jackass can kick down a barn, but it takes a good carpenter to build one.” Whatever the future of water and oil & gas hold, I want to be a part of building it well.

Let’s get pushing.

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Colin McKay Miller is the VP of Marketing for the SpiroFlo Holdings group of companies:

SpiroFlo for residential hot water savings (delivered 35% faster with up to a 5% volume savings on every hot water outlet in the home), industrial water purification (biofilm removal), and reduced water pumping costs.

Vortex Tools for extending the life of oil and gas wells (recovering up to 10 times more NGLs, reducing flowback startup times, replacing VRUs, eliminating paraffin and freezing in winter, etc.).

Ecotech for cost-effective non-thermal drying (for coal, biosolids, sugar beets, dairy waste, etc.) and safe movement of materials (including potash and soda ash).

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