#034: The State of Oil & Gas in Kentucky with Ryan Watts and Maverick Bentley

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. 

Here are some of the things you can look forward to in this episode:

  • What the current state of oil and gas is in Kentucky
  • The Kentucky Oil and Gas Association’s priorities for the rest of the year
  • The effect that oil and gas has on people’s quality of life

Highlights:

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

About Ryan Watts:

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.

Connect with Ryan:

Kentucky Oil and Gas Association | Twitter | Facebook

About Maverick Bentley:

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.

Connect with Maverick:

Kentucky Oil and Gas Association

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.

#033: The State of Oil & Gas in Colorado with Dan Haley

This week we’re bringing on someone from the Colorado Oil & Gas Association to talk about the state of the industry in Colorado. In this episode, Phil is joined by the President and CEO of the Colorado Oil & Gas Association, Dan Haley. Dan and Phil talk about the Senate Bill 19-181 bill that was passed in 2019 and what it means for them. Dan expresses the need of voting and getting involved as someone who is in the oil and gas industry to make your voice heard. He also talks about how the pandemic has affected the industry in Colorado and what the Colorado molecule is. 

Here are some of the things you can look forward to in this episode:

  • What you need to know about Senate Bill 19-181
  • Why you need to vote and make your voice heard
  • How the pandemic has affected the oil and gas industry in Colorado

Highlights:

2:23 The key provisions for the Senate Bill 19-181
6:17 Who the commission is made up of 
9:20 Why they want to see the bill implemented 
12:24 Why you can’t just ignore politics
12:51 How COVID-19 has affected the industry in Colorado
15:54 What the Colorado molecule is
22:24 His thoughts on oil and gas and why you need to get involved

About Seth Whitehead:

Mr. Dan Haley serves as President & Chief Executive Officer of the Colorado Oil & Gas Association. As President, Mr. Haley is responsible for leading the industry in Colorado legislative, regulatory, and public relations matters.

Previously, he was Vice President of Communications, Development and Strategy at EIS Solutions, a public affairs firm where he served as a consultant for numerous corporate and political clients, including oil and gas interests. Prior to that, Mr. Haley spent more than 20 years in the communications field, including 13 years at The Denver Post, where he was the Editorial Page Editor. He also was Director of Corporate Communications for CoBank, a $100 billion bank headquartered in Denver.

A Colorado native, Mr. Haley has a bachelor’s degree in Journalism from the University of Wyoming and sits on the Advisory Council to the USO Denver as well as the Colorado Advisory Committee for the U.S. Global Leadership Coalition.

Connect with Dan:

Colorado Oil and Gas Association 

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.

#032: The State of Oil & Gas in Illinois with Seth Whitehead

We’re continuing our series of conversations with different state oil and gas associations. In this episode, Phil is joined by Seth Whitehead of the Illinois Oil and Gas Association and Illinois Petroleum Resources Board to talk about the industry in the state of Illinois, what they do to improve the industry within their state and what type of education they provide. He shares the biggest obstacles they’re facing as an industry in Illinois, their top 3 priorities going forward and how the state is made up of small independent producers rather than large corporations.

Here are some of the things you can look forward to in this episode:

  • How we can work together to shift how people view oil and gas as an industry
  • How the Illinois oil and gas industry is made up of small independent producers
  • The top 3 priorities for the Illinois Oil and Gas Association

Highlights:

1:32 How Seth got involved in the oil and gas industry2:46 The mission of the Illinois Petroleum Resources Board3:54 What type of adult education they provide about the oil and gas industry5:36 Seth’s advice about changing the way people see the industry7:13 His transition to working for the Illinois Oil and Gas Association10:23 The biggest obstacles of the oil and gas industry in Illinois11:27 How has COVID-19 affected the industry14:09 Their top focuses for the association 15:50 The current state of oil and gas in the state of Illinois

About Seth Whitehead:

I am currently the interim operations administrator for the Illinois Oil & Gas Association and the executive director of the Illinois Petroleum Resources Board (IPRB). IPRB is an education and outreach program that is voluntarily funded by Illinois oil producers and royalty owners. I was previously Team Lead for the Energy In Depth program from 2016-2018. I am a graduate of Southern Illinois University-Carbondale and am married with five kids.

“Hopefully educating the kids about an industry that’s misunderstood, to put it mildly.” – Seth Whitehead

Connect with Seth:

Illinois Petroleum Resources Board | Illinois Oil and Gas Association | IPRB Twitter | IPRB Facebook

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.

#031: Why The Industry Will Recover

We’re still here, despite the fear-mongering that the media attempts to bring to the public, despite oil prices hitting record lows. This pandemic has brought a double whammy to the oil and gas industry but it will indeed recover. In this episode, Phil shares why traditional energy sources will never become obsolete and why it’s superior to misnamed, “renewable energy sources”. He shares a few interesting articles about the prospects of the oil and gas industry and how it will recover. 

Here are some of the things you can look forward to in this episode:

  • Why we’re still here
  • How oil has surged over 80% as demand has returned
  • Why the misnamed “renewable energy sources” won’t replace traditional energy sources

“We’ve been through more up and down cycles than most other industries and the people in this industry are still here.”  – Phil Sherwood

Highlights:
1:25 How this pandemic has been a double whammy for the oil and gas industry
2:01 How not everything going on right now is doom and gloom
5:22 Why the world cannot work without oil
9:55 How Amazon is a huge partner in the oil and gas industry
11:16 Current conversations about replacing traditional energy sources with renewable energy sources
14:19 One of Phil’s favorite books over the past few years
16:02 An acronym for fear that the oil and gas industry leans on

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.

#030: Smarter Well Management with Brad Gray

Being a part of the oil and gas industry affords you many opportunities and the ability to be a part of an industry that is constantly evolving. In this episode, Phil is joined by Brad Gray, COO of Diversified Gas & Oil to talk about his experience of being with the company and helping it grow from a couple thousand producing wells to over 60,000+ producing wells. He shares his advice for being in the oil and gas industry and his predictions for how the company will continue to grow.

Here are some of the things you can look forward to in this episode:

  • How Brad’s seen the company grow over the past four years
  • What the term “smarter well management” is (and why you should know about it)
  • Advice for being apart of the oil and gas industry

Highlights:

2:33 Brad’s experience of joining Diversified Gas & Oil

5:06 The growth he’s seen at the company since coming on in 2016

8:03 What “smarter well management” means to them

10:07 Their experience of utilizing remote monitoring for their wells

11:13 What they see for the future of their conventional and unconventional wells

12:53 What he predicts for the future growth of the company

14:36 His advice on the oil and gas industry

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.

#029: How Leaders Handle Chaos

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. 

Here are some of the things you can look forward to in this episode:

  • The three practices that can help you deal with uncertainty
  • The three things that cause you to fear
  • An exercise you can do to overcome fears

“You’ve got to learn to conquer the struggle and not fear it.”
– Phil Sherwood

Highlights:


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

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.

#028: The Best of 2019 with the SherWare, Inc. Team

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.

Here are some of the things you can look forward to in this episode:

  • Big wins that SherWare, Inc. had in 2019
  • A teaser about a new update coming to the software
  • What everyone on the SherWare, Inc. team is grateful for this year

“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

Highlights:

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

Links Mentioned

SherWare Inc. Wish List

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.


#027: The SherWare, Inc. Experience with Customers, Robert Hutcheson, Cheryl Becker and John Miller

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. 

Here are some of the things you can look forward to in this episode:

  • Three interviews with people from the oil and gas industry on their experience using SherWare, Inc. 
  • Why these SherWare, Inc. customers rave about the software
  • Differences that SherWare, Inc. customers have seen from this software vs. competitors’ software

Highlights:

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

About Robert:

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.

Connect with Robert:

Website

About Cheryl:

Cheryl Becker is the office manager for Buckeye Oil Producing Company and has worked for the company for 32 years. 

Connect with Cheryl:

Website

About John:

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. 

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.

#026: How the Pipeliner’s Club of Oklahoma City Is Connecting the Industry with Clay Scott

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. 

Here are some of the things you can look forward to in this episode:

  • How the Pipeliner’s Club of Oklahoma City provides members with networking, education and community
  • Scholarship initiatives and growth of the PCOC
  • Events that help to fund their programs and offerings


“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

Highlights:

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

About Clay Scott:

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.

Connect with Clay:

Website | LinkedIn | Twitter | [email protected]

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.

#025: Financial Strategies for Oil & Gas Operators with Milan Simic

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. 

Here are some of the things you can look forward to in this episode:

  • How Milan ended up working in oil and gas
  • His experiences of working for several oil and gas companies
  • Why you need to network in any industry – but especially oil and gas
  • Financial challenges and strategies for oil and gas operators

“Every operator has a different risk profile.”

– Milan Simic

Highlights:

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

About Milan Simic:

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.

Connect with Milan:

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.

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