Dec. 14, 2023


Description

ABSTRACT OF PRESENTATION

 THIS WILL BE A JOINT MEETING WITH THE HOUSTON CHAPTER OF THE AMERICAN PETROLEUM INSTITUTE. 

 

A new tension has emerged in the oil and gas industry – the typical exploration and production (E&P) company has plentiful access to capital and the typical oilfield service (OFS) company has limited access to capital. Up until now this has not been a problem, because OFS companies had spare capacity and international drilling has been slow to grow.

But in 2024, international and offshore drilling is projected to grow almost everywhere, while US land drilling is flat. If an OFS board has $1 to invest and has both a US land business and an international business, who gets the dollar? That investment choice is being made right now in board rooms all over the world and will heavily influence the cost and ease of drilling a well in the U.S. in 2024.

 

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MENU

FRESH BERRY SALAD

CHICKEN FRIED CHICKEN

CHOCOLATE PECAN ICE CREAM BALL  

 

Registration & Walk-ins 

All attendees are encouraged to register and pay online for this event.  This is a more efficient means of registering for the event and enables the registration process at the meeting to move much faster.  Walk-in space is available on a seat-limited basis at a fee more than the on-line registration fee.

 

NOTE: 

To secure the health and safety of all attendees, SPE-GCS will apply the following Covid-19 safety protocol guidelines: 

  1. Masks, gloves and hand sanitizer will be available on site at the registration table
  2. Attendees who are sick will not be permitted to enter the event. This is without exception.

 


 

Parking for this event
 
The TOTAL Plaza building (1201 Louisiana Street across from the Houston Hyatt Regency Hotel) is connected to the downtown Houston tunnel system.  Using the tunnel system, those working downtown can walk to our meeting in air-conditioned comfort.
 
If you will drive to this meeting, the following summarizes available parking:
 Valet_parking_at_the_new_Petroleum_Club_location.jpg
The image above shows how to access the club parking area at the new location of the Petroleum Club. Enter from Milam Street and exit onto Louisiana Street.  Parking fee paid at central meter outside building entrance via credit card. Valet parking is also available - a $10 discount sticker is available at the registration table.  
 
Surface parking lots are available to the south of the TOTAL Plaza building (between this building and the former EXXON Building), including one surface lot adjacent to the TOTAL Plaza Building - pay at meter (cost ~ $9).  Other surface lots in the area cost $8 - $9 and they frequently are full by mid-morning.
 
Parking is also available in the Hyatt Regency Hotel parking garage across the street.  Prices vary depending on time in the garage.  Cost for 2 hours of parking is $12.  
 
 
 
 

Featured Speakers

Speaker: Richard Spears, Vice President, Spears & Associates, Inc., Tulsa, OK
Speaker Richard Spears, Vice President, Spears & Associates, Inc., Tulsa, OK

 
Spears & Associates measures oilfield equipment and service markets by performing primary, boots-on-the-ground research on companies, regions, supply chains, and technologies. Founded in 1965, Spears and Associates  launched "The Drilldown" weekly podcast in 2017, providing in-depth answers to oilfield questions. They also invest in private oilfield service companies through partnerships …

 


Spears & Associates measures oilfield equipment and service markets by performing primary, boots-on-the-ground research on companies, regions, supply chains, and technologies. Founded in 1965, Spears and Associates  launched "The Drilldown" weekly podcast in 2017, providing in-depth answers to oilfield questions. They also invest in private oilfield service companies through partnerships with a select number of private equity firms. Spears and Associates is a global firm, but North America is their main focus.


Richard serves on the board of directors of several oil field service companies and the Fellowship for Performing Arts.  He has a BS degree from Oklahoma State University.

Full Description



Organizer

Barry Faulkner

Email: barryf1944@gmail.com 


Phone: (281) 627-8790


Date and Time

Thu, Dec. 14, 2023

11:30 a.m. - 1 p.m.
(GMT-0500) US/Central

Event has ended
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Location

Petroleum Club of Houston

TOTAL Plaza, 1201 Louisiana St, 35th Floor
Houston, Texas 77002



Group(s): General Meeting