In this episode, we had on Ryan Watts and Maverick Bentley from the Kentucky Oil and Gas Association. Phil, Ryan and Maverick talk about oil and gas in the state of Kentucky including how the pandemic has affected the industry. They chat about moving association meetings virtual, what they’re doing to support association members and why the oil and gas industry is essential for people’s quality of life. You’ll hear some of the obstacles they see coming in the industry and the win’s they’ve had this year.
1:43 Ryan’s experience of working for the Kentucky Oil and Gas Association
3:02 What oil and gas is like in the state of Kentucky
3:55 The growth of the oil and gas industry in Kentucky
7:12 How the pandemic has affected oil and gas activity in the state
12:49 Their plans for moving meetings virtual
14:03 Wins they’ve had this year
16:59 The association’s priorities for the rest of the year
19:03 Obstacles they see coming up in the industry
24:45 How the oil and gas industry is important to the quality of life we have
Ryan Watts has served as the executive director for the Kentucky Oil and Gas Association (KOGA) since September 2017. KOGA represents and advocates for the interests of Kentucky’s crude oil & natural gas industry with a focus on the independent crude oil & natural gas operators.
Watts began his career as the press secretary for Lt. Governor Steve Pence. Watts also served as executive director of the Office of Public Affairs for the Kentucky Transportation Cabinet (KYTC). In that capacity, Watts directed all communications and served as chief spokesman for the 4,400 employee agency, which is responsible for maintaining and preserving a vast infrastructure network across Kentucky.
Ryan has served as the president of the Good Shepherd Catholic School Advisory Council for two years. Watts also earned his Eagle Scout Award and currently serves as an executive committee board member of the Bluegrass Council for the Boy Scouts of America.
Watts, originally from Bardstown, is a graduate of the University of Kentucky with degrees in political science and mathematics. He lives in Frankfort with his wife, Ashli, and two children.
Kentucky Oil and Gas Association | Twitter | Facebook
Mr. Bentley joined Diversified in July of 2018 through its acquisition of EQT. He has 35 years in gas and oil operations, in both upstream and midstream. He is highly experienced in midstream operations, compression and well productivity. He is also an executive board member of the Kentucky Oil and Gas Association.
Kentucky Oil and Gas Association
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SherWare creates software to simplify your accounting needs so you have more time to do the things that matter. We serve independent oil and gas operators, accountants and investors with a platform to manage their distributions and joint-interest billings on a platform — and we’re the only software on the market that can integrate with your QuickBooks company.
Click here to watch a demo of the software in action right now.
With everything that’s currently going on in the world, there’s a lot of fear, panic and uncertainty. In the oil and gas industry, we’ve seen oil prices dip into the negatives and many companies are unsure of what will happen next. But what can we do to help eliminate the spirit of fear? In this episode, Phil talks about three practices that can help you deal with uncertainty. He clarifies the three things that cause fear and shares an exercise you can use to overcome fears that come your way. We’ve been through it before, and we’ll probably go through it again but just remember: We’re still here.
“You’ve got to learn to conquer the struggle and not fear it.”
– Phil Sherwood
2:12 Three practices that can help you deal with fear and uncertainty
2:56 Adopting the role model mindset
4:41 Why you should check in with the news and social media multiple times a day
6:44 Choose how much you’re going to check in and sticking to that
8:28 Why you should choose to act instead of react
8:39 How you can describe your reality without complaints
10:25 Why you need more self-evaluation to develop self-awareness
11:39 Learning to understand and tap into why your fear is showing up
14:16 Giving more emotional energy to the other side of fear
17:58 Why people are terrified of the hardships
22:48 How you’re a role model in your community and your home
24:05 An exercise for overcoming fears
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SherWare creates software to simplify your accounting needs so you have more time to do the things that matter. We serve independent oil and gas operators, accountants and investors with a platform to manage their distributions and joint-interest billings on a platform — and we’re the only software on the market that can integrate with your QuickBooks company.
Click here to watch a demo of the software in action right now.
Today you’ll get to hear from the entire SherWare, Inc. team on their thoughts as we wrap up the year. We chat about the big wins that we’ve had in 2019, including our two new hires, Eric and Aubin. You’ll hear about new updates coming to the SherWare software, how we reached record sales this year and what we’re grateful for. We also look ahead to 2020 and discuss what we have planned for the new year, including the release of Well Profits to the public and our plans for putting together a one-day training event in a city near you, and releasing an integration with QuickBooks Online.
“I just want to salute the team for thinking positively. That’s one thing we always try to do at SherWare is to celebrate the wins and to think and remember things we’re grateful for because the human mind always goes to the negative for some reason.”
– Phil Sherwood
2:01 Some of the big wins of SherWare, Inc. in 2019
2:14 Eric’s experience with being apart of the SherWare, Inc. team
3:05 What Abin’s experience has been like since joining SherWare, Inc.
3:38 Anthony’s experience in going to the programming conference and applying that to SherWare, Inc.
4:19 Visiting conferences with Phil and getting to know current clients
5:26 Getting record sales this year and how the team worked together to make it happen
6:48 A new update coming to SherWare software
8:55 The one-day training events that SherWare, Inc. will be putting on in 2020
9:44 News about SherWare Inc. integrating with Quickbooks Online
10:01 Hitting the road in 2020 and what tradeshows they plan to attend
11:15 Rolling out Well Profits to the public in 2020
13:17 What the SherWare, Inc. team is grateful for in 2019
If you’re enjoying this episode, please subscribe to our podcast and share with a friend! We also love ratings and reviews on Apple podcasts.
SherWare creates software to simplify your accounting needs so you have more time to do the things that matter. We serve independent oil and gas operators, accountants and investors with a platform to manage their distributions and joint-interest billings on a platform — and we’re the only software on the market that can integrate with your QuickBooks company.
Click here to watch a demo of the software in action right now.
Today on the podcast, Phil interviews three professionals in the oil and gas industry to discuss their experiences of using SherWare, Inc. He chats with each guest one-on-one to hear how they found SherWare, Inc., what they like most about the software, their advice for someone considering making a switch and more. You’ll get to hear from seasoned professionals with many decades of experience in the oil and gas industry about how this software could help to improve your reporting, data, efficiency and save you many hours each month.
2:57 John’s experience of selling Alliance Petroleum Corporation and not being ready to leave the oil and gas industry
3:30 Looking for a software for his new company and stumbling upon SherWare, Inc.
4:32 How much time the software has saved John and what he uses it for
7:37 John’s advice for someone in oil and gas looking for software to use for their business
8:39 Cheryl’s position within Buckeye Oil Producing Company
8:52 Why she was searching for a new platform for her distributions
9:53 The biggest differences that they’ve had since using SherWare, Inc.
11:24 Why Cheryl loves the ease of use with the software
11:59 What Robert does as the founder of BoCor Holdings, LLC
13:01 Why Robert decided to use SherWare, Inc. over its competitors
14:17 Robert’s experience with using SherWare, Inc.
15:14 How SherWare, Inc. has evolved its software to fit client’s wants and needs
16:10 The simplicity of the auditing data and reports
17:34 His advice for someone choosing an oil and gas software
Robert Hutcheson received his Bachelor’s degree in Business Administration from the John Carroll University in 1990. Upon completion of his undergraduate studies, Robert spent two years with Canton Oil Well Service, Inc. from 1990 to 1992. In 1992, Robert furthered his business studies at the Ohio State University and graduated with his Master’s in Business Administration in 1994. From 1994 through 2000, Robert worked for Accenture (aka Andersen Consulting). Robert returned to Canton Oil Well in 2000 in a consulting capacity. In 2001, Robert became one of the original Members of the newly incorporated entity, BoCor Holdings, L.L.C. Robert’s primary role within BoCor is to manage all administrative aspects of the business, including accounting, finance, legal, and marketing.
Cheryl Becker is the office manager for Buckeye Oil Producing Company and has worked for the company for 32 years.
John Miller has over 40 years of experience in the oil and gas industry. He is the former president and CEO of Alliance Petroleum Corporation. After selling that company, he wasn’t ready to get out of the business and with two partners, formed AIM Energy, LLC.
If you’re enjoying this episode, please subscribe to our podcast and share with a friend! We also love ratings and reviews on Apple podcasts.
SherWare creates software to simplify your accounting needs so you have more time to do the things that matter. We serve independent oil and gas operators, accountants and investors with a platform to manage their distributions and joint-interest billings on a platform — and we’re the only software on the market that can integrate with your QuickBooks company.
Click here to watch a demo of the software in action right now.
In Oklahoma there’s a club connecting people from upstream, midstream and downstream communities. On this episode, Eric Werdin, director of Sales at SherWare, Inc. interviews Clay Scott, founder and the current president of the Pipeliner’s Club of Oklahoma City (PCOC) about how they’ve built an organization that connects all facets of the oil and gas community.
The PCOC was created to help bridge the gap between upstream, midstream and downstream energy communities for the mutual benefit of members and the oil and gas industry. Clay shares what the PCOC is and what services they provide for members. He also dives into their scholarship program and how it has grown over the years.
“Our club is kind of like a pipeline as you could imagine. Our purpose is to connect upstream, midstream and downstream energy communities for the mutual benefit of our members and the industry. ”– Clay Scott
2:40 What the Pipeliner’s Club of Oklahoma City is
4:58 The services that the PCOC provide
6:10 Their scholarship program that they offer and the history of it
7:30 Events that are coming up for the PCOC
9:21 How to join the PCOC
Clay Scott has spent his entire 33-year professional career in the energy industry with experience in the electrical utility, midstream and E&P sectors. He currently serves as Enable Midstream Partners’ Senior Director of Engineering and Construction Support, where he has worked the past four years. At Enable, Clay has responsibility for Design Engineering, Drafting and Design, GIS and Project Controls.
A registered professional engineer in the state of Oklahoma, Clay was a founding member of the Pipeliners Club of Oklahoma City where he currently serves as president. Clay earned his master’s degree in business administration from Oklahoma City University and his undergraduate degree in electrical engineering from Oklahoma State University.
Website | LinkedIn | Twitter | [email protected]
If you’re enjoying this episode, please subscribe to our podcast and share with a friend! We also love ratings and reviews on Apple podcasts.
SherWare creates software to simplify your accounting needs so you have more time to do the things that matter. We serve independent oil and gas operators, accountants and investors with a platform to manage their distributions and joint-interest billings on a platform — and we’re the only software on the market that can integrate with your QuickBooks company.
Click here to watch a demo of the software in action right now.
How do you best set up your oil and gas business for financial success? What about if you want to avoid a personal guarantee loan or are unsure of how to navigate the challenges that come with financing drilling and producing wells?
This week’s podcast guest is Milan Simic, a Strategic Solutions Advisor for a CPA firm who has many years of experience in the oil and gas industry. He shares how he first got into the oil and gas industry and the different positions he’s held over the course of his career. Milan and Phil chat about networking, the financial challenges of small oil and gas operators and strategies for those who want to avoid a personal guarantee loan.
If you want to hear the in’s and out’s of cash management and finances in the oil and gas industry, you’ll want to take a listen to this episode.
“Every operator has a different risk profile.”
– Milan Simic
2:48 How Milan initially got started in the oil and gas industry
5:05 Playing basketball while in college and deciding to take a different career path
6:27 Milan’s memories of working for Halliburton and traveling for the job
8:14 Transitioning to working as the President for an Enron family office
10:39 Mentors that made an impact on Milan’s careers
11:48 Why networking is crucial in any industry
13:28 What he does in his position at Adams, Brown, Beran & Ball, Chtd.
17:03 The financial challenges of small oil and gas operators
18:41 How they help those going through a growth process
21:14 Cash management strategies for operators
25:55 Strategies for avoiding a personal guarantee lender
28:03 Milan’s advice for oil and gas operators
In 2001, Simic graduated from Stephen F. Austin State University with a bachelor’s degree in finance and accounting. He spent five years as an internal auditor at a large oilfield service company and two and a half years as a business risk services consultant with a Big Four accounting firm. Before joining the firm, Milan served as the president of a family office operation. In this role, he was responsible for growing the business, including overseeing seventeen different oil and gas project acquisitions which ranked the family office in the top 300 operators in Texas. Simic lives in Hoisington with his wife Sarah and their three daughters, Sofia, Mila, and Ana.
LinkedIn | Call or text: 281-799-4315
About SherWare, Inc.
If you’re enjoying this episode, please subscribe to our podcast and share with a friend! We also love ratings and reviews on Apple podcasts.
SherWare creates software to simplify your accounting needs so you have more time to do the things that matter. We serve independent oil and gas operators, accountants and investors with a platform to manage their distributions and joint-interest billings on a platform — and we’re the only software on the market that can integrate with your QuickBooks company.
Click here to watch a demo of the software in action right now.
It comes as no surprise that many people aren’t aware of what the oil and gas industry actually does for our communities. Today Eric Warden of SherWare sits down with Mindy Stitt, Executive Director of the Oklahoma Energy Resources Board (OERB). They discuss the education initiatives of the OERB and what they do to educate people of all ages about the oil and gas industry. She shares how she got started with OERB, what efforts they use to generate public attention and what they do with the Oklahoma Oil & Gas Expo.
– Mindy Stitt
“There are some school districts that get no public funding and the funding is coming from the oil and gas industry.”
2:21 What SOER is and what the organization does
3:43 What she does now with OERB and what they offer
5:29 The typical person that comes to their workshops
6:28 How the OERB got started
9:53 The education programs that OERB offers
12:28 What public awareness efforts OERB uses to reach the general public
15:48 The impact of oil and gas across the nation
16:03 What the Oklahoma Oil & Gas Expo does
Mindy Stitt is the Executive Director of the Oklahoma Energy Resources Board (OERB). Prior to that position, she was Assistant Director, overseeing OERB’s statewide student education programs. Mindy became one of the first employees of the OERB when she joined the organization in 1994. She was previously employed by Brown and Borelli, Inc., an independent oil and natural gas company.
Mindy attended Southwestern Oklahoma State University, majoring in elementary education.
Her efforts in the area of energy education awarded her the Governor’s Commendation for Public Service in 1998. In 2006, Mindy was honored by The Journal Record as one of the top 50 women making a difference in the State of Oklahoma.
She is a member of the Jasmine Moran Children’s Museum Board of Directors and is active in the OKC Area Salvation Army.
OERB | SOER | Oklahoma Oil & Gas Expo
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SherWare creates software to simplify your accounting needs so you have more time to do the things that matter. We serve independent oil and gas operators, accountants and investors with a platform to manage their distributions and joint-interest billings on a platform — and we’re the only software on the market that can integrate with your QuickBooks company.
Click here to watch a demo of the software in action right now.
Software geek alert! Today’s interview is with Chuck Prickett, an employee with Associated Systems with over 40 years of experience in the oil and gas industry. Phil and Chuck chat about his career at Associated Systems and the work he’s done with GOALS, an accounting software developed by him and a few other software developers for Associated Systems. They discuss how GOALS has evolved over the years, how clients have helped improve the software and his memories of building relationships with his customers throughout his career.
“That was the only thing that really kept me awake some nights was laying in bed knowing that I was the only support that they had for their systems.”
– Chuck Prickett
2:30 How Chuck got started working at Associated Systems
6:02 How the GOALS software has evolved over time
9:28 Doing onsite installations
10:18 Transitioning clients from IBM Systems to PC
11:44 Working on the GOALS side by himself since the ’90s
13:52 How customer updates help them to make changes to the software
17:23 Building relationships with customers over the last 20-30 years
20:21 What Chuck wants to do post-retirement
21:20 The bad side of getting to know your customers
Chuck Prickett has worked at Associated Systems since 1978. He was one of the original software developers of the oil and gas accounting system named “GOALS”, and has continued to support GOALS clients since the beginning. He will be retiring at the end of 2019 and is slowly phasing out of his client support work.
Associated Systems, Inc., located in Wichita, Kansas, was founded in 1974 as a software consulting and development enterprise and has a long history of successes. One of those being the longevity of its customer base and its employees. Over the years, ASI has installed over 450 systems nationwide in its vertical markets.
ASI began with its first Oil & Gas customer in 1974, and they remain a customer to this day. The original system was designed and developed for the IBM System 32, and as Systems 34, 36 and AS/400 were introduced, ASI’s software products evolved to take advantage of the increased features and abilities of those systems. With the advent of the PC, the software was re-written and was made accessible and affordable for operations of all sizes. It was named “GOALS” for Gas, Oil And Land Systems and it revolutionized the way the smaller producer managed his business.
If you’re enjoying this episode, please subscribe to our podcast and share with a friend! We also love ratings and reviews on Apple podcasts.
SherWare creates software to simplify your accounting needs so you have more time to do the things that matter. We serve independent oil and gas operators, accountants and investors with a platform to manage their distributions and joint-interest billings on a platform — and we’re the only software on the market that can integrate with your QuickBooks company.
Click here to watch a demo of the software in action right now.
How do conventional wells look in Kansas right now, what issues are they lobbying for across the state and what’s on the horizon? Today Phil is chatting with Ed Cross, President of the Kansas Independent Oil & Gas Association (KIOGA) about how he got into the oil and gas industry and how he ended up working for KIOGA. You’ll hear about the state and federal issues that they’re fighting for and what has been going on in Kansas in the oil and gas industry. Ed shares what he’s most excited about and the importance of educating others on the importance of oil and gas.
2:48 How Ed got into the oil and gas industry
3:21 What Ed does as the President of the association
3:59 What is happening in KIOGA and the oil and gas industry currently
4:58 What they’re fighting for at the state level
5:40 The issues they deal with on the federal level
7:20 The outlook of conventional wells moving forward in Kansas
9:13 Production in Kansas dropping due to financial issues in 2014
10:05 Adjusting technology to be used in Kansas
10:30 What KIOGA will be advocating for in the upcoming months
12:30 What Ed is most excited about for the future of the oil and gas industry
Founded in 1937, the Kansas Independent Oil & Gas Association (KIOGA) is a nonprofit member organization representing independent oil and natural gas producers in Kansas, as well as allied service and supply companies. The purpose of KIOGA as stated in the original articles of incorporation, is “. . . to improve the market for oil and gas produced in Kansas and to promote the welfare of the oil and gas industry in the State of Kansas.”
Independent oil and natural gas producers are nonintegrated companies which receive nearly all their revenue from production at the wellhead. Independents are in the oil and natural gas exploration and production business and are not major integrated companies who also refine and market petroleum end-products. Independents account for 93% of the oil and 63% of the natural gas produced in Kansas. Nationally, independents drill 90% of domestic oil and natural gas wells and produce over 80% of America’s oil and natural gas.
With over 4,200 members, KIOGA is the lead state and national advocate for Kansas independent oil and natural gas producers. We are committed to ensuring that tomorrow’s energy policy will be one in which our members grow and prosper. Our active presence before the Kansas Legislature, U.S. Congress, state and federal regulatory agencies, and other governmental decision-makers means the concerns of Kansas independent oil and natural gas producers are heard in Topeka and Washington.
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It’s hard to believe that it has been 25 years since SherWare first started. On today’s episode of the podcast, you’ll hear from the employees of SherWare on what it is that they do with the company, how it’s evolved over the years and the most memorable experiences they have about working for SherWare. They share the biggest changes they’ve noticed and how they transitioned from working in an office to working from home. Phil chats with each team member to get their take on the business and how they feel about working for the company.
2:05 What Anthony and Austin do at SherWare
3:36 The biggest changes that employees have seen at the company
5:52 How technological advances have helped with customer support
6:57 The most memorable experiences they have with SherWare
9:11 Building relationships with clients
14:01 Being able to provide updates to their software online
15:32 Their move from a central office to a remote office
18:10 Hiring for a remote team
19:38 Brining on their first salesperson after 25 years in the business
23:24 What Mallory and John do at SherWare
26:07 Their perspective on SherWare while growing up
28:20 How Mallory started working at SherWare
28:58 What made John decide to work for SherWare
32:47 How they’ve felt about working for SherWare
36:10 What John does after moving on from SherWare
37:21 What Mallory does outside of working with her dad’s company
41:52 What Eric does in the sales department of the business
43:42 The thing that surprised Eric the most about SherWare
45:34 What Eric noticed about their sales process
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