Houston..we have a problem....

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3 Toed Pete
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In reply to jetch17 • 7:08p, 1/20/16
quote:
The reserve at the doubletree
How is the Doubletree these days? Used to always stay there but last couple of years I've been staying at Garden Inn. Doubletree remodel seemed like it would be an upgrade.
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jetch17
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7:12p, 1/20/16
Still tired... But I still like having the downtown proximity
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Ramrod
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7:28p, 1/20/16
Doubletree cookies.
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SWCBonfire
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In reply to Bayou City • 7:31p, 1/20/16
Engineer for a niche EPC/design build firm here. Many projects tied to processing, handling and storing O&G related bulk materials (sand, cements, clay, barite, etc.)
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BustUpAChiffarobe
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7:35p, 1/20/16
I work at LaBares now, former VP-Sales drilling product manufacturer
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FrontPorchAg
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In reply to Farmer1906 • 7:35p, 1/20/16
quote:
Nice boat. You should come stop by my island some time.

Why do you need a moat in the ocean?
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Ramrod
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In reply to TommyGun • 7:37p, 1/20/16
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Seen a few supply chain guys on here...do you mind giving me a brief description of what you do? What a typical day looks like?


I spend most of my mornings meeting with my internal stakeholders (i.e. production leads, maintenance leads, construction, engineering, D&C) and getting updates on what they have going on in their areas. We'll discuss any bids that need to be put together and if we want to approach any new companies for goods or services. Right now we have a lot of bidding going on in just about every service line, so it's been crazy trying to keep up.

For my materials contracts, I interact daily with our warehouse team to ensure we're in good shape regarding our MRP orders and I'll do some system maintenance, if necessary. The majority of all the materials we buy are mastered and tied back to a pricing agreement that I manage. I work closely with our distributors to ensure we're getting the best bang for our buck in regards to the manufacturers we're buying from and the specs we're calling for.

I'll spend the rest of my time putting together bid packages and writing new contracts whenever needed. I manage close to 100 MSAs that account for services and materials.
I think I've seen you mention who you work for before.

I did a lot maintenance and material data work while deploying Backbone to NAG.


It was a mess wasn't it? We're in a better spot today than where we were for sure. I'm sure we probably crossed paths at some point.
It was an experience for sure; took a lot of trial and error. Our manager always described it as "building the plane as we fly", and it couldn't have closer to the truth.
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BustUpAChiffarobe
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In reply to FrontPorchAg • 7:38p, 1/20/16
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quote:
Nice boat. You should come stop by my island some time.

Why do you need a moat in the ocean?


Swordfish
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Drillbit4
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8:40p, 1/20/16
So what happened at the Devon town hall?
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aeroag07
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9:11p, 1/20/16
Maintenance/Refurb Engineer for a subsea OEM
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Dan Scott
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9:16p, 1/20/16
Shell CEO today said they would not cut their dividend in 2016. That's a 10% yield.
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IrishTxAggie
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In reply to Dan Scott • 9:19p, 1/20/16
I retract the "buying in the morning" statement. Just did a little more reading on the BG Group merger and I'll wait.
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Dan Scott
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9:24p, 1/20/16
They already cut 7500 jobs and announced 10K more.
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Premium
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9:26p, 1/20/16
What is the realistic downside for a company like Exxon or Shell - assuming $15-$20 oil for 5-10 years?
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Diet Cokehead
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9:27p, 1/20/16
I'm in healthcare, specifically Pharmacy Benefit Management. Really thankful I'm not in this industry. Been following this thread since Day 1 and have learned a ton. Best wishes to those of you going through tough times.
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PeekingDuck
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In reply to Dan Scott • 9:27p, 1/20/16
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They already cut 7500 jobs and announced 10K more.
Holy ****. Is Devon even that large? That doesn't seem right at all. Contractor count maybe?

Never mind... You're talkin bout Shell. I can't read.
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mts6175
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In reply to PeekingDuck • 9:30p, 1/20/16
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They already cut 7500 jobs and announced 10K more.
Holy ****. Is Devon even that large? That doesn't seem right at all. Contractor count maybe?

Never mind... You're talkin bout Shell. I can't read.
Devon was at one time the largest independent operator in the USA. Not sure if they still hold that title though.
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PeekingDuck
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9:39p, 1/20/16
I think that title probably goes to COP, though it ain't worth much these days.
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Dan Scott
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In reply to Premium • 9:42p, 1/20/16
5-10 years at $15-20 oil? Wow I think bankruptcy.
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BustUpAChiffarobe
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In reply to Dan Scott • 10:30p, 1/20/16
quote:
5-10 years at $15-20 oil? Wow I think bankruptcy.


Don't even say that
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PeekingDuck
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10:35p, 1/20/16
Well, the entire worlds has problems if oil is that low for 5-10 years.
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Brush Country Ag
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In reply to PeekingDuck • 10:48p, 1/20/16
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Well, the entire worlds has problems if oil is that low for 5-10 years.
Think we are talking war . Too many economies need high oil.....including Russia.
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jpd301
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In reply to Brush Country Ag • 11:50p, 1/20/16
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Well, the entire worlds has problems if oil is that low for 5-10 years.
Think we are talking war . Too many economies need high oil.....including Russia.
Saudi vs Iran would do the trick...

Curious what folks think about the potential, however low it may be, that the Saudis may take Aramco public has on their long term ability to sit on oversupply and keep oil prices super low?
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RedbeardAG
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5:21a, 1/21/16
We just got an email from our Glorious Leader at SWN. 40% layoffs today. Going to be a really ****ty day regardless of what happens.
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Bayou City
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In reply to RedbeardAG • 5:57a, 1/21/16
Question: given company performance are you surprised?
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SmoothRuckus
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In reply to FrontPorchAg • 6:06a, 1/21/16
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quote:
Nice boat. You should come stop by my island some time.

Why do you need a moat in the ocean?

Cause the ocean is a *****.

You obviously never built a sandcastle... or owned an island
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Hoyt Ag
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6:37a, 1/21/16
A buddy of mine at SWN text me this morning said that they are letting 1100 go today and tomorrow.

Oops. Didn't see earlier post about this.
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Comeby!
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In reply to RedbeardAG • 6:37a, 1/21/16
quote:
We just got an email from our Glorious Leader at SWN. 40% layoffs today. Going to be a really ****ty day regardless of what happens.

That glorious leader is an Aggie.
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txaggie_08
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In reply to RedbeardAG • 6:41a, 1/21/16
quote:
We just got an email from our Glorious Leader at SWN. 40% layoffs today. Going to be a really ****ty day regardless of what happens.
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mts6175
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In reply to Comeby! • 6:44a, 1/21/16
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quote:
We just got an email from our Glorious Leader at SWN. 40% layoffs today. Going to be a really ****ty day regardless of what happens.

That glorious leader is an Aggie.

Is that supposed to change anything?
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Ag2012
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In reply to mts6175 • 6:49a, 1/21/16
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We just got an email from our Glorious Leader at SWN. 40% layoffs today. Going to be a really ****ty day regardless of what happens.

That glorious leader is an Aggie.

Is that supposed to change anything?
Makes him more glorious IMO
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Premium
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In reply to Hoyt Ag • 6:57a, 1/21/16
quote:
A buddy of mine at SWN text me this morning said that they are letting 1100 go today and tomorrow.


1100 is 40%? Is their HQ that nice building at the Grand Parkway and 45?
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aggiebq03+
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In reply to RedbeardAG • 6:57a, 1/21/16
quote:
We just got an email from our Glorious Leader at SWN. 40% layoffs today. Going to be a really ****ty day regardless of what happens.

T&P
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Enviroag02
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7:07a, 1/21/16
Devon announces layoffs..

Http://newsok.com/article/5473721
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7:16a, 1/21/16
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