With the failure of OPEC+ members to make a substantial cut to crude oil production, the forecast for crude oil prices remains grim as demand dries up across the world. The crude oil and natural gas markets in North America are now faced with a series of unique and difficult challenges not seen in decades, if ever. At the same time as crude oil and associated gas production is falling victim to a reduction in the price of crude oil, the spread of COVID-19 has disrupted both domestic and export demand of natural gas in North America and across the globe. This session will provide a forecast of how long low price pain will endure, characteristics of operators who are most likely to survive and testimonial from individual operators who are navigating the choppy waters ahead.
The oil and natural gas industry in Colorado is no stranger to contending with issues on the Colorado ballot. In a state where the ballot process is accessible to special interests, citizen groups and activists, the industry certainly isn’t the only one subjected to these ballot battles. Transportation, growth, housing and health care are frequent issues that require the leadership and engagement of the business and civic community. What lessons can we learn from each other? This session will dive into the who, what and why that drives these ballot issues, and identify the opportunities for us to support each other going forward.
Recent economic shifts have had a dramatic impact on the employment market, with compounding an already evolving employment market with the oil and gas industry. With fewer larger companies and increase in smaller start-ups, job-seekers will need to adapt, develop new skills and take an entrepreneurial approach to employment. What do the current trends mean for the oil and gas workforce in the state, and how can these emerging shifts provide expanded – if unconventional – opportunities for both employees and employers?
Senior Director of Finance & Marketing, HighPoint Resources
Oil and gas development in Colorado has always required state and local government coordination. While SB19-181 has brought several changes to the development process, one thing has not changed – the need for state and local agencies to collaborate and work towards successful solutions that meet the needs of operators and the local community. Join COGCC Chair Jeff Robbins and Thornton Mayor Jan Kulmann for a thoughtful discussion on the path forward, what best practices in intergovernmental cooperation can inform future development, and how the new professional COGCC will maintain successful working relationships with operators and local governments.
Multiple rulemakings, a new professional COGCC, and local government regulatory authority. What has happened since SB19-181 passed? What have been our successes, what have been our greatest challenges and what does the path forward look like?
Chris Wright will explore the art of public messaging on this panel, addressing important questions and challenges. Where has industry lost its way in winning the hearts and minds of the public? What can it do to improve? Who are the pragmatic stakeholders on the other side of the issue and what do they think about our message? What can we learn from their examples? And perhaps most importantly, going forward, how can we effectively convey our message to a general public that may be pre-disposed against the oil and gas industry?
The Energy Summit is guided by the tireless input of COGA member volunteers who lend their expertise to the planning process – prioritizing content and ensuring the best possible learning experience for our attendees. Steering committee co-chair, Peter Mueller, co-founder of EcoVapor Recovery Systems, shares a few thoughts about what to expect at this year’s event.