I live in Georgia and I’m looking to take a week trip to Texas to see if I can get a job without any experience. Do you need experience from a program to get an entry level job as a deckhand or floorhand? What are my odds?

I am a PhD student in engineering and have many friends working on sustainable energy topics like batteries and green hydrogen. For motivating their topic, they often give a number in $/kg that once met they claim will make them more affordable than fossil fuels. However, this is an assumption that the oil and natural gas prices would stay fixed at current values and not decrease in response to competing forms of energy. I want to better understand the flexibility in price that oil can be sold at today. How low of a price can domestic producers and foreign suppliers sell oil while still turning a modest profit?

Hey guys, I just came across some news that might interest you about Weatherford and its misleading financial statements that inflated earnings by over $900M a few years ago

Here’s a quick recap: Between 2007 and 2012, Weatherford made false financial statements that overstated their earnings by more than $900M, violating accounting rules. As a result, the company had to restate its financials three times, and investors who suffered losses over this filed lawsuits.

Now, Weatherford has agreed to pay a $140M settlement through the SEC Fair Fund. The big news is that even though the claim deadline has passed, late claims are still being accepted for those who were affected.

So if you bought Weatherford shares during that time, you can check the details and file your claim here.

Anyway, did anyone here get caught up in this case? How much did it impact you?

I'm at the age (29) where I have been working in and out of warehouse for over a decade and I know it's not a career path that's going to get me anywhere unless I have a college degree working in tech etc. I've hardly have had the chance to travel in my life and I'm not getting any younger so I would like to see some of the world and I'm not stranger to hard work, I have looked into plenty of trades and none of them really catch my eye but for oil rigging, I have zero experience but want to work for a company that will train me and house me, I hear some of these guys work 80 hour work weeks and bring home $2500 and that is what I want to make, I'll put in the work and stack checks, I don't know where to start do any of you have leads, phone numbers, or email address I can get ahold of, thank you.

Reading articles suggesting that an eventual Israel/US war with Iran could raise gas prices to 8 dollars/gallon.

Given that about half of our oil for gasoline is imported, with most of that coming from Canada and only 10% from the Middle East (if I have that correct), why would instability in Iran cause such a dramatic change here?

Thanks!

No sure if this is the right place to post this so feel free to tell me if I am wrong. I am interested in the Terminal Coordinator position for the closest Citgo Terminal to me. I really don’t have a background in the energy sector but I have been in logistics management and coordination for both maritime and trucking companies so this seems like a good transitional position to this field. I have seen online that this position pays around $33-$56/hr, I am wondering if anyone can confirm this and if there is overtime opportunities. Also feel free to give feedback if anyone is familiar with this position or even Citgo Petroleum as a whole.

Hey guys, I already posted about this settlement, but since we have some updates, I decided to post it again. It’s about poor environmental control issues they had a few years ago.

For newbies, a few years ago, Cabot was accused of failing to fix their gas wells properly, which led to gas getting into Pennsylvania's water (even faced criminal charges over this). Obviously, when this news came out, $COG dropped and investors filed a lawsuit against them for poor environmental controls.  

The good news is that now, after all this time, $COG agreed to pay a $40M settlement to investors over this situation. And even if the deadline has already passed, you can still file a claim. So you got hit back then, you can check out the details here.

Meanwhile, COG already publicly admitted responsibility for what happened. And agreed to build a public water system that will provide clean water to the impacted people, along with a pledge the company will cover water bills for 75 years.

Anyways, do you think this is enough for what happened? And, has anyone here been affected by this?

Just joined the chat for the sole purpose of finding info on how to get into the oilfield with a CDL. 26 years old, I have my hazmat and tanker and im not having great luck in NC finding a decent career path without everyone wanting experience. Long story short does anyone have any knowledge on what I’d be able to get into with my endorsements. Here for the money like most and I’m available asap.

Job searching but can’t find much. Any advice?

I’ve worked as an LDAR tech at a sour crude oil refinery for nearly a year now and have a general gist of what each processes does/means, but one stumps me.

Tetra. Anyone familiar with it?

Tetra seems to be a benzene separation unit. I believe it’s the main product of the process before being sent to WW or loaded out. It’s further part of the larger Aromatics unit, which includes Isomerizatiom, the DHT, FGR, some benzene loading racks, and finally Tetra. It also shares a slab with the C3 Splitter, albeit that’s part of a different unit.

Is this is a universal process name (such as SRU, FCC, Isocracker, yadda yadda) found on other oil refineries, or is it likely a site specific process name? We have a couple site specific names (for example, N/S LIU=North/South Lima Integration Unit), but Tetra has me stumped.

And although we do have another unit named after the contractor that runs it (Veolia), we don’t have any TETRA contractors, so that’s off the table.

So, does anyone know what Tetra means or completely does?

Quote: "We determine the energy necessary for the production of oil liquids (including direct and indirect energy costs) to represent today 15.5% of the energy production of oil liquids, and growing at an exponential rate: by 2050, a proportion equivalent to half of the gross energy output will be engulfed in its own production." Link: https://doi.org/10.1016/j.apenergy.2021.117843

Question: What do you guys think of the papers methodology and conclusions? If their numbers were correct this would have huge implications for the mid term future of the global economy right?