JUNE 2021

SIPES HOUSTON

SIPES HOUSTON CHAPTER
3242 Summerland Drive
Manvel, Texas, 77578

Tel: 713-249-8997
www.sipeshouston.org
email: sipeshoustonchapter@gmail.com

Chapter Officers 2020

Chapter Chair
Jeff Allen
Email

Chair Elect

Past Chair
Barry Rava
(281) 235-7507
Email

Secretary
Steve M Smith
(832) 236-1788
Email

Treasurer
Luis Carvajal
(832) 360-3783
Email

Technology Chair
Godswill Nwankwo
(832) 297-1174
Email

Technical Program Chair
Pete Marshall
(713) 594-2809
Email

Public Relations Chair
Jeff Lund
(713) 275-1664
Email

Membership Chair
Gene Kubelka
(713) 582-8569
Email

Newsletter Chair
Jeff Allen
Email

Deal Buyers List Chair
Bill Smith
(713) 650-3060
Email

Ryan Price
Email

Sponsor Coordinator
Mark Hazmat
(832) 540-3216
Email

Continuing Education Chair
Richard Willingham
Email

National Directors
Barry Rava
(713) 621-7282
Email

Jeff Allen
(713) 302-5131
Email

Office Manager
Meghan Jones
(713) 249-8997
Email

In this issue

Letter From The Editor
Jeff Allen

Mark P Mills

SIPES Houston Board

Nord Stream 2 Update

Deal Buyers Event

Alannah Gonzales

Calendar

SIPES Houston TWITTER

Geology on Mars

SIPES LinkedIn Page

American Infrastructure

Are You An Oil Man? Buy The HAT!

No More Wind!

IEA Net-Zero Plan? Robert Bryce

Oil Is Here To Stay, Blackrock

Geologist for Hire

Jeff Allen on a Podcast

A Cool Glass

JP Morgan 2021 Energy Outlook

On the cover: David Ramsden-Wood at the May SIPES Houston Luncheon

LETTER FROM THE EDITOR

The SIPES Houston Deal Buyer Event is upon us on the 17th of June at 2PM. If you did not get an invite, that means your name is not on the list and you will not be allowed to enter. If you think you should have been invited, you need to contact me ASAP to plead your case.

On the 17th we will be hosting Mark P. Mills as the luncheon speaker. I highly encourage you to attend. Mr. Mills is an accomplished author, speaker, and well respected intellectual at the Manhattan Institute and Northwestern University. WINE WILL BEGIN AT 11AM. LUNCH WILL START AT 11:30AM

If you are a SIPES member, have been laid off, or looking for a new job, you are welcome to utilize this newsletter to help you in your goals. Please see page 16 for an example.

If you have a prospect to show, put it in the newsletter or showcase it at a luncheon. SIPES Houston is proud to provide opportunities for prospectors to become successful.

Gas is over $3.00. If you’ve been reading this newsletter and attended my January “State of the industry” event, this should not be a surprise.

Stay lean, stay hungry,

Jeff Allen

Jeff Allen

Click on the banner above to register for the event.

Click on the image below to learn more about Mark.

SIPES HOUSTON BOARD

Mike Jones
Scott Leaseburge
Ryan Price,
Richard Willingham
Jeff Lund
Gene Kubelka
Matt Boyce
Meghan Jones
Mark Hazmat
Jeff Allen (not pictured)
Godswill Nwankwo (not pictured)
Steve Smith
Barry Rava (not pictured)

Nord Stream 2 Update

Click on the image or video above to watch a short video about how important this pipeline is to Europe and America’s interest abroad. This is a big deal!

Deal Buyer Event

IF YOU ARE NOT INVITED, YOUR NAME NOT ON THE LIST, YOU WILL NOT BE ALLOWED INSIDE

This is an event only for true Working Interest Buyers and prospect sellers of the highest ethics and technical expertise.

The type of prospects?

  • Conventional!
  • Analogs, seismic, proven trends.
  • NO Land flips or acreage deals
  • NO production purchases
  • NO horizontal plays
  • NO Private Equity, Bankers, or Finance “bros” allowed inside

The Youngest and Brightest

EVENTS CALENDAR

Follow Us on Twitter!

GEOLOGY ON MARS !

SIPES HOUSTON LINKEDIN

The True Cost of Solar in N. Dakota

Click on the image above to watch a short 6 minute video about how overregulation has ruined our ability to build new infrastructure.

Are You An Oil Man or Woman?

No More Wind

OIl is Here To Stay

This is an event only for true Working Interest Buyers and prospect sellers of the highest ethics

BlackRock, the world’s largest asset manager, will continue to work with oil and gas firms in order to help them through the energy transition, Reuters quoted chief executive Larry Fink as saying on Thursday. BlackRock is a major shareholder in many large oil and gas companies, including in the two U.S. supermajors, ExxonMobil and Chevron. Investors cannot “run away” from the oil and gas industry, Fink said.

Most of the decarbonization costs now fall on the private sector, the executive added, and suggested that governments should be more involved in the energy transition. In his 2021 letter to CEOs earlier this year, Fink said, “we are asking companies to disclose a plan for how their business model will be compatible with a net zero economy.” BlackRock is “carbon neutral today in our own operations and are committed to supporting the goal of net zero greenhouse gas emissions by 2050 or sooner,” Fink noted in his letter to CEOs.

Last week, BlackRock supported activist investor Engine No.1 at the shareholders’ meeting of Exxon, which resulted in the investor taking board seats at the U.S. supermajor.

BlackRock backed three of Engine No. 1’s four board nominees and said, “We continue to be concerned about Exxon’s strategic direction and the anticipated impact on its long-term financial performance and competitiveness.” The asset manager also voted for a shareholder proposal for Exxon to report on corporate climate lobbying aligned with the Paris Agreement because “we believe such a report would help investors’ understanding of Exxon’s climate-related lobbying and participation in trade associations.”

BlackRock supported a similar vote at the Chevron annual general meeting, at which shareholders fled a non-binding proposal requesting that Chevron report on how the company’s direct and indirect lobbying align with the Paris Climate Agreement goals.

BlackRock sees Chevron as “a leader among US peers with regard to board oversight of climate risk,” but noted that “One additional area that we believe would strengthen the company’s disclosure is additional transparency around political spending and lobbying related to climate risk and the low carbon transition.”

By Tsvetana Paraskova for Oilprice.com

Geologist for Hire

SIPES Members are welcome to post a job application or resume in the newsletter for free. SIPES is always ready to help our members.

Jeff On A Podcast

JP Morgan 2021 Annual Energy Paper

CLICK ON THE IMAGE TO READ THE PAPER

LUNCHEON MENU

SIPES Book Recommendation

The sheer volume of talk about energy, energy prices, and energy policy on both sides of the political aisle suggests that we must know something about energy. But according to Peter Huber and Mark Mills, the things we “know” are mostly myths.

In The Bottomless Well , Huber and Mills debunk the myths and show how a better understanding of energy will radically change our views and policies on a number of very controversial issues. They explain why demand will never go down, why most of what we think of as “energy waste” actually benefits us; why greater efficiency will never lead to energy conservation; and why the energy supply is infinite-it’s the quality of energy that’s scarce and expensive.

The Bottomless Well will also revolutionize our thinking about the automotive industry (gas prices don’t matter and the hybrid engine is irrelevant), coal and uranium, the much-maligned power grid (it’s the worst system we could have except for all the others), what energy supplies mean for jobs and GDP, and many other hotly debated subjects.

A Laugh

SIPES Houston Chapter, 5535 Memorial Drive, Suite F654, Houston, Texas 77007
Tel: 713-651-1639  ·  Fax: 713-9519659  ·  www.sipeshouston.org  ·  e-mail: bkspee@aol.com