The Crude Life Week In Review Episode 426: Recycled Water, Off Shore Outlook And ESG

Dr. Loren Scott, president, Loren Scott & Associates, at the Rocky Mountain Energy and Infrastructure Summit, Jackson Hole, Wy. Photo by Paul Flessland
The Crude Life
The Crude Life
The Crude Life Week In Review Episode 426: Recycled Water, Off Shore Outlook And ESG
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The Crude Life Content News Correspondent Matthew Hill interviews Keith Bradford, Freemyer Industrial Pressure about innovation and industrialized pressure.

The two talk about E-Fracs, pressurized innovations, cutting costs, safety and solutions.

Freemyer Industrial Pressure delivers fit-for-purpose solutions for hydraulic fracturing, well stimulation and cementing equipment, serving 27 countries.

The Crude Life Content Correspondent Matthew Hill Interviews Sammy Graham and David Farrell of Cudd Energy Services at NAPE. The interview centers around recycled water and how the idea of water has changed in oil and gas.


Matthew Hill (middle) Interviews Sammy Graham (right) and David Farrell (left) of Cudd Energy Services

Hill Interviews Jim White with The Society of Exploration Geophysicists (SEG) at NAPE Expo LP.

The Society of Exploration Geophysicists (SEG) is a global not-for-profit organization with a mission of connecting the world of applied geophysics.

Hill Interview Omar Garcia, Chief External Affairs Officer, Port of Corpus Christi talks about the billions of new investments.

The Port of Corpus Christi has been in operation since 1926 and has since become the 3rd largest port in the United States, based on total revenue tonnage, and the 2nd largest exporter of crude oil. The Port boasts a 47-foot-deep channel, three Class I railroads – BNSF, KCS, and UP – and a location adjacent to connecting Texas highways Interstate 37 and Highway 181. With all these assets at our disposal, our mission is and always will be to leverage commerce to drive prosperity for Corpus Christi and the coastal bend.

Matt works for Knight Fire Specialists and runs Oklahoma Oilfield Tailgate. Matt also is host of Talking Energy Show and #fossilfuelfridays and is very active in leadership roles by sitting on a number of industry boards and committees.

The Crude Life host Jason Spiess interviews Kunal Patel with the Dallas Federal Reserve about their latest energy study and outlook.

The two discuss the most recent Dallas Fed Energy Survey which involved about 200 oil and gas firms.

According to Patel, Activity in the oil and gas sector continued growing strongly in second quarter 2021, according to oil and gas executives responding to the Dallas Fed Energy Survey. The business activity index—the survey’s broadest measure of conditions facing Eleventh District energy firms—remained elevated at 53.0, essentially unchanged from its first-quarter reading.

Oil and gas production increased, according to executives at exploration and production (E&P) firms. The oil production index rose from 16.3 in the first quarter to 35.0 in the second quarter—its second-highest reading since the survey’s inception in 2016. Similarly, the natural gas production index increased 19 points to 35.0.

The index for capital expenditures increased from 31.0 to 42.4, indicating an acceleration in capital spending among E&P firms. Additionally, the index for the expected level of capital expenditures next year came in at 53.0, up from 49.5 in the first quarter.

About the Dallas Fed Survey

The Dallas Fed conducts a quarterly survey of about 200 oil and gas firms located or headquartered in the Eleventh District—Texas, southern New Mexico and northern Louisiana—which operate regionally, nationally or internationally.

The information collected is a valuable component of economic analysis and serves as input for Federal Open Market Committee monetary policy deliberations. Survey respondents are asked whether various measures of their firms’ business activities have increased, decreased or remained unchanged relative to the prior quarter and the year-ago quarter. Responses are aggregated into diffusion indexes; positive values indicate expansion while negative values indicate contraction.

Dr. Loren Scott (left) and Jason Spiess (right)

Jason Spiess interviews Dr Loren Scott about the off shore drilling and the Bakken shale play.

Loren C. Scott & Associates, Inc., is a 35-year old firm that provides economic consulting and public speaking services for a wide range of clients. Consulting activities include impact studies, forecasting services, analysis of policy proposals, and general economic analyses. Consulting clients include BP, ExxonMobil, Entergy Corporation, J. P. Morgan Chase, Capital One Financial, Nucor, Sasol, and a diversity of others.

Dr. Scott makes 50-70 presentations a year on the state of—and the outlook for—the economy and the energy sector in particular.

He is one of the 32-member National Business Economic Issues Council, which meets quarterly to discuss issues of state, national, and international interest. This group has experts who cover international trade, Washington economic policy, retail trade, trucking, steel, chemicals, etc.

Dr. Scott is an energy specialist on the NBEIC. He has been appointed to the Economic Advisory Board of the U.S. Council on Competitiveness—a group made up of the CEOs of the Fortune 100, top university presidents, and presidents of three major unions.

He has been interviewed on MSNBC, CNBC, Bloomberg TV, and several local TV stations and his work has been cited in such publications as the Wall Street Journal, the Financial Times, USA Today, the Los Angeles Times and the Moscow Times, to name a few.

Dr. Loren C. Scott is President and founder of the firm. He was on the Economics Department faculty at Louisiana State University from 1969 to 1998, where he rose through the ranks from Assistant Professor to the holder of the Freeport-McMoran endowed Chair of Economics. He is presently Professor Emeritus of Economics at LSU.

Over the thirteen-year period from 1983-96, Dr. Scott was the chairman of
the Economics Department at LSU. During that time, the Department’s ranking among the 3,000 economics departments in the U.S. rose from 101st to 38th. He received 7 awards at LSU for outstanding classroom teaching.

Dr. Scott is co-developer of the Louisiana econometric model, a model used for providing annual forecasts of the Louisiana economy, which are released each fall. He was a co-investigator on over $1 million in grant research at LSU and is the author of over 75 articles and technical reports in addition to reports written for consulting clients.

About The Crude Life Week in Review
Award winning interviewer and broadcast journalist Jason Spiess and Content Corespondents engage with the industry’s best thinkers, writers, politicians, business leaders, scientists, entertainers, community leaders, cafe owners and other newsmakers in one-on-one interviews and round table discussions.

The Crude Life Week in Review has been broadcasting on radio stations since 2012 and posts all updates and interviews on The Crude Life Social Media Network.


If anyone would like to schedule an interview, meeting or news tip email studio@thecrudelife.com

Industrial Image and Energy Integrity are the new entry level expectations in oil and gas, and The Crude Life continues Solution-Based Journal while showcasing other environmentally conscious companies.

Communication is vital in today’s energy extraction and empowerment.





About The Crude Life

The Crude Life produces original content that focuses on industry, the people, energy innovations, community building and it’s proactive culture. Our custom content is non-polarizing, trusted and often news making.

The Crude Life promotes a culture of inclusion and respect through interviews, content creation, live events and partnerships that educate, enrich, and empower people to create a positive social environment for all, regardless of age, race, religion, sexual orientation, or physical or intellectual ability.

Part of our mission is to enable people, companies and communities to affect change, demonstrate their transformative actions and drive energy awareness through storytelling and access to resources.



Sponsors, Music and Other Show Notes 

Studio Sponsor: The Industrial Forest

The Industrial Forest is a network of environmentally minded and socially conscious businesses that are using industrial innovations to build a network of sustainable forests across the United States.

Click here for the website


Weekly Sponsor:  American Directional Driller

RigER is an Oilfield Operations Management Suite created for Energy Service and Equipment Rental companies.

Since 2012, RigER has been helping men and women of the oilfield bring energy to their world. The innovative cloud-to-mobile solution RigER leads to operational improvements by converting traditional paper- and whiteboard-based information management processes into a user-friendly digital system. Operational efficiency and cost optimization of Oilfield Rental and Service companies is their goal.

Click here for website


Weekly Sponsor:  MineralTracker

MineralTracker is the only mineral management software that allows mineral owners to compare actual royalty payments to expected payments based on well performance and a proprietary, Bakken-specific reservoir model built by MineralTracker’s petroleum engineers.

MineralTracker was formed in Watford City, North Dakota, and is a subsidiary of First International Bank & Trust, a family-owned bank also based in Watford City.

Click here for website


Looking to Invest in Oil and Gas? Contact Swan Energy Today!

Phone Line Sponsor: Swan Energy, Inc. 866.539.0860

Studio Email and Inbox Sponsor: To Be Announced


Album cover Vintage Boom by The Moody River Band

Featured Music:  Moody River Band


For guest, band or show topic requests, email studio@thecrudelife.com


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