With the spread of horizontal drilling around 2013-15, the artificial lift landscape began to change. For almost 100 years most wells had started the production phase with a beam pump (pumpjack) and finished with the same. Horizontal wells are a more complex beast, as production levels drop significantly over a well’s life. Changing production levels […]
How Much is Enough? When is Less More?
In December of 2021, I wrote an article about working where you want to work, not where your company physically exists. Now, in January 2023, let us revisit the topic. First, do you have to live where you work? Elon Musk may have ordered the Tesla and the Twitter workers back to the office, but […]
Outbound
By Paul Wiseman “What the world needs now Is light, sweet crude…” With apologies to Burt Bacharach and Dionne Warwick for that song hack, its truth is nonetheless valid—if you add natural gas to what’s needed. Since Congress reopened the U.S. oil market to exports in Q4 2015, the oil- and gas-rich Permian has dived […]
Succession Planning
Wisdom consists of the anticipation of consequences. (Norman Cousins) Start the new year off right and decide to start a succession plan at a minimum of two levels of the organization: the middle and the executive levels. The new supply chain issue for 2023 is human capital or having enough employees to do the job. […]
Conducting a Human Resource (HR) Audit
The best HR audits are the ones you control. The worst are those prompted by a letter from a government agency. Clean up one issue at a time while there is still time. All organizations need a major HR audit every few years and an annual review to ensure that the policies and procedures comply […]
Evaluating Evaluations
If you cannot measure it, you cannot manage it. Thank you, Peter Drucker. October is the month to get ready for annual performance reviews. I wholeheartedly recommend evaluating the staff throughout the year with informal walkthroughs, supportive emails, and verbal or written corrective coaching to improve performance. The annual review should never be a surprise to […]
Insurance Benefits are Key to Employee Attraction and Retention
The number one problem in the Permian Basin is recruiting and retaining quality employees. Benefits, including health and supplemental insurance and retirement offerings, are vital to solving the problem. By this time, I hope most of my readers have selected an online, full-service human resource management system (HRIS) to service the organization from job inception […]
OPINION: Energy at the Crossroads
By Jesse Mullins Will ESG win the day and welcome O&G into the Climate Change fold, converting O&G’s leadership into the Green Movement’s biggest cheerleaders? Or is the Energy Transition slipping a gear as the country barrels toward 2024… or 2030… or 2050… or whatever target date means most to the faithful. We opine. The words you […]
Executive Hiring
Hire right because the penalties of hiring wrong are huge. —Ray Dalio In September of 2021, I cautioned readers to take care in hiring executives. The article was titled Buyer Beware. In that article I pointed out tips for reviewing resumes. I wrote about a specific situation, and it is worth discussing again. I […]
Create a Climate of Truth
As promised, I want to talk about the Brutal Facts of Leadership. Often, your HR lady is the one that brings you those brutal facts regarding employees’ desires, and more often, than your managers bring you hard-to-hear information. In Chapter 5 of Good to Great, author Jim Collins addresses the need for leaders to be […]
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