The oil and gas industry is facing a serious challenge and that's finding outside capital. To tackle that issue from all angles, we assembled an all-star cast from the legal and financial communities. The conversation starts in a very unique place ... and that's with the proposed Fair Access to Capital regulations coming out of the OCC. This unique regulatory proposal is aimed at preventing larger banks from discriminating against entire industries. The Gibson Dunn team led us in a fulsome overv...
Dec 09, 2020•1 hr 15 min•Season 1Ep. 41
Somewhere between a new Administration, the lead Iranian nuclear scientist being killed, and an ongoing OPEC meeting, we were hungry this week for Middle Eastern and Washington insights. We were so lucky as we found our good friend Ambassador Edward Djerejian of Rice University's Baker Institute for Public Policy to help us sift through the issue. Ambassador Djerejian served 8 presidents from John F. Kennedy to Bill Clinton during his career in the U.S. Foreign Service. He was also a former amba...
Dec 02, 2020•1 hr 6 min•Season 1Ep. 40
First and foremost, HAPPY THANKSGIVING! 2020 has presented many challenges that remind us all how much we have to be truly thankful for. To celebrate and say thanks (and provide you a special Thanksgiving Day COBT surprise), we found energy folks working in the fields and facilities today -- on Thanksgiving! -- who could take a minute and tell the rest of us a little bit about their job. We hit the jackpot! We made some great new friends: Chad Bachmeier | Continental Resources - Tioga, North Dak...
Nov 26, 2020•23 min
This week is all about being thankful and on that note, we were especially thankful to visit with our good friend Ken Hersh. Ken is the President and CEO of the George W. Bush Presidential Center located in Dallas, Texas. He was also the CEO of NGP from 1988 to 2015. We couldn't think of a better person to help us mix policy, energy and life into a Thanksgiving casserole than Ken. As you may or may not already know, the Bush Presidential Center works to support a variety of important domestic in...
Nov 25, 2020•1 hr 3 min•Season 1Ep. 39
We were thrilled to have the opportunity to visit with Giorgio Bresciani and his colleague Dickon Pinner, both Senior Partners at McKinsey & Company. Giorgio, based in London, is McKinsey's leader of their Global Oil & Gas practice and Dickon leads McKinsey's Global Sustainability Practice from San Francisco. We had a robust discussion of the energy transition and in particular the role oil and gas and the capital markets may both play as it all unfolds. To kick things off, Mike Bradley ...
Nov 18, 2020•1 hr 3 min•Season 1Ep. 38
With the election behind us and the transition of a new administration on the horizon, we decided to call on two great friends of the firm and previous COBT guests for a COBT "Special Edition." We were thrilled to have the opportunity to visit with two great ambassadors of the oil & gas community: Leslie Beyer, President of PESA (the Petroleum Equipment and Services Association), and Anne Bradbury, CEO of AXPC (the American Exploration & Production Council). Both Leslie and Anne gave us ...
Nov 13, 2020•58 min
Today's guest has honored TPH with a handful of visits over the years, but today's discussion was a special treat. Walter Isaacson, renowned author, Professor of History at Tulane University, and Distinguished Fellow at The Aspen Institute joined us for this week's "vaccine and Biden focused" COBT session. With no time to waste, we jumped right into the discussion which covered Walter's participation in the Pfizer Covid-19 vaccine trial, his latest book, and his thoughts on how the energy indust...
Nov 11, 2020•52 min•Season 1Ep. 37
Last week the markets were rocked by the news that Europe was going back into lockdown ... at least in France, Germany and the UK. We got to thinking about the energy macro in Europe ... not just because of the lockdowns, but also because of all the talk of the energy transition that comes out of Europe. So we went hunting for two great guests in the TPH friends network. Wow did we get lucky! We had two great guests join us from London: Dr. Paula Franklin, Chief Medical Officer of Bupa and Elvis...
Nov 04, 2020•50 min•Season 1Ep. 36
With all the talk of fracking and energy that showed up in the Presidential debate of late, we decided to try and do a show which was "on the ground" and "based in the reality" of today's energy world. That was a tall order but we called on the TPH friend network and found people "that know." We thought New Mexico - as the third largest oil producing state but also one with lots of federal acreage - was the right place to sort this out this week. As you will see, we had two Mayors, one County Ma...
Oct 28, 2020•46 min•Season 1Ep. 35
Today's show is brought to you live from the Ronnie K. Irani Center for Energy Solutions at the University of Oklahoma! This week we are thrilled to be joined by Michael Cohen, Chief US Economist and Head of Oil Analysis at BP. The discussion centered around Michael's presentation, "Energy Outlook 2020 Edition." As always, the TPH crew covered a few topics to kick things off: Mike Bradley discussed Q3 earnings, Matt Portillo gave a TPH research update, and Colin Fenton set the scene for the disc...
Oct 21, 2020•59 min•Season 1Ep. 34
We say this often, but today was AWESOME! Last week set a new high bar with many of you as the feedback on Dr. Naomi Boness at Stanford was fantastic. We had our work cut out for us to keep it up this week! The great news is we were lucky enough to find four leading minds to attack a nagging question - how are we physically, financially, environmentally-friendly and otherwise going to mine all the minerals and metals needed for the currently projected growth in ev's, renewables, batteries and th...
Oct 14, 2020•1 hr 10 min•Season 1Ep. 33
Today we had the pleasure of hosting Dr. Naomi Boness, Managing Director of the Stanford Natural Gas Initiative. The Natural Gas Initiative ("NGI") partners with research groups and industry partners to "generate the knowledge needed to use natural gas to its greatest social, economic, and environmental benefit." We had a fantastic conversation about a broad range of issues as well as the opportunities for natural gas to play a huge role in solving so many of the world's problems. Stanford's NGI...
Oct 07, 2020•1 hr 7 min•Season 1Ep. 32
As we previewed in the midday note yesterday, COBT this week featured a robust conversation of the policies and the politics of energy. It was our way of preparing for last night’s first Presidential Debate. Our discussion covered a lot of ground and was particularly focused on the election’s implications for oil and gas. Thank you for all of the suggested questions and topics! With so much to cover, we dove right in (no pregame this week on the markets) with guests Bob McNally, President of Rap...
Sep 30, 2020•49 min•Season 1Ep. 31
Today we focused the show on the front lines of emerging energy technology. We were thrilled to be joined by Scott Gale, Executive Director of Halliburton Labs. Halliburton recently launched Halliburton Labs to provide early stage companies resources to help advance efforts towards cleaner and more affordable energy. A blend of incubation and acceleration, Halliburton Labs is like pulling into the "pits" for emerging tech company "race cars." Scott was joined by TPH's Deanna Zhang with both of t...
Sep 23, 2020•1 hr 2 min•Season 1Ep. 30
Today we have not one but two exciting things for you. First, we did our first "on the road" show, filming from Oceaneering's ROV center North of Houston. Second, we had the real honor of hosting Leslie Beyer, the President of PESA. PESA... the Petroleum Equipment and Services Association, is a stunning organization. It does things you would never guess (training State Department professionals that serve in oil and gas countries), is way out-front on issues you might not have expected (technolog...
Sep 16, 2020•53 min•Season 1Ep. 29
Today on COBT we decided to tackle something that was way too big to handle... but we did it anyway. The topic was "India" and luckily we had some fantastic help in thinking through what’s playing out in what will soon be the world’s most populous country. Our esteemed panel of experts on “all things India” included Gauri Jauhar, Executive Director of Energy Transition & CleanTech Consulting at IHS Markit, Mohit Safar, Senior Partner at L&L Partners based in India, Rajiv Gupta, a Partner...
Sep 09, 2020•59 min•Season 1Ep. 28
We have an OFS action-packed day for you today! We were thrilled to host two OFS stars: David Bat, President of Kimberlite Oilfield Research, and John Daniel, Founder and President of Daniel Energy Partners. These two guys both have their own firms, their own views, and lots of experience to boot. We had a great time talking about the trends, the sentiment, and the future. ---------- Copyright 2020, Tudor, Pickering, Holt & Co. The information contained in this update is based on sources con...
Sep 02, 2020•51 min•Season 1Ep. 27
We were thrilled to have the opportunity to visit with Bjorn Lomborg, President of the Copenhagen Consensus Center, to discuss his latest book, "False Alarm: How Climate Change Panic Cost Us Trillions, Hurts the Poor, and Fails to Fix the Planet." The TPH team kicked off the session: Mike Bradley discussed the Exxon/Dow news as well as Hurricane Laura and its effect on crude oil prices. Lance Gilliland chimed in to give an M&A market update and Colin Fenton hit California power prices. -----...
Aug 26, 2020•58 min•Season 1Ep. 26
Today, our COBT session was not only stimulating but also simply great fun. We had the honor of hosting Dr. Bradford Cornell, Emeritus Professor of Finance at UCLA's Anderson Graduate School of Management. Dr. Cornell has been teaching finance for 40 years and as you will see in the video, he takes us all back to some basics in today's graduate school finance session. His presentation, entitled "ESG and Investing," can be found here. Professor Cornell took us to the heart of ESG and from there w...
Aug 19, 2020•53 min•Season 1Ep. 25
This week at COBT was all about one thing - one really important thing - POWER. We were very fortunate this week to have Robert Bryce join us. Robert is so many things - a power expert, an author of six books, an energy journalist, and a moviemaker. Robert’s true passion is the impact of power and electricity on people’s lives across the globe. It was a fantastic discussion that could have gone for two hours if we had just gone with it. Robert was a super engaging and ultra positive and informat...
Aug 12, 2020•1 hr 3 min•Season 1Ep. 24
We had the great opportunity to visit with MacKenzie Davis, a Managing Partner at SailingStone. SailingStone is a well-known, highly regarded global natural resource investor based in San Francisco. The firm has recently completed some fascinating research on the changing energy world and that was the focus of our conversation. MacKenzie walked us through a summarized version of SailingStone's whitepaper entitled "The Energy Transition: Outlook and Implications for Upstream Commodities." For a l...
Aug 05, 2020•1 hr 1 min•Season 1Ep. 23
We have been very lucky to have had some incredible guests on our Close of Business Tuesday segments. Each week, we try and find someone who really speaks to a strong curiosity and/or need that we sense needs filling. This week we were blessed to find Admiral McRaven - the need he fulfilled is the one we all feel for an America that is pulling together to solve problems. Admiral McRaven has tackled a lot of problems for this nation. He led missions to capture both Osama bin Laden and Saddam Huss...
Jul 29, 2020•55 min•Season 1Ep. 22
Pedro Palma, Director at Ecoanalítica (joining from Caracas, Venezuela), David Voght, Managing Director and Founding Partner at IPD Latin America (joining from Madrid, Spain), and Luis Pacheco, Chairman of the PDVSA Ad-Hoc Board of Directors and Nonresident Fellow at Rice University's Baker Institute (joining from Bogota, Colombia) for a Venezuela panel. Joe Amador, Managing Director at TPH and Head of our LatAm effort, made his first COBT appearance to help lead the discussion around Venezuela ...
Jul 22, 2020•54 min•Season 1Ep. 21
We welcomed another great guest to COBT this week! Michael Shellenberger, Founder and President of Environmental Progress, joined us to discuss his new book, "APOCALYPSE NEVER." Michael is a lifelong environmentalist and wrote the book to counter the extreme arguments often made in today's climate debate. He has also been an outspoken proponent of nuclear power as a means of dealing with the effects of climate change. Michael's highly acclaimed and highly analytical book leaves you feeling hopef...
Jul 15, 2020•52 min•Season 1Ep. 20
We have a “COBT Special Edition” for you this week! We were thrilled to have the opportunity to visit with Senator Kevin Cramer of North Dakota this morning. We had plenty to cover with the Senator given the Dakota Access Pipeline controversy and how it affects the Bakken and America's national and economic security. Senator Cramer was very generous with his time and thoughts and we greatly enjoyed the conversation. As you will hear towards the end, we also had some great conversation around the...
Jul 08, 2020•45 min•Season 1Ep. 20
Today we had the honor of hosting a great friend of the firm and a great friend of the industry, Congressman Bill Flores (R-TX, 17th District). It was a real pleasure to hear from Bill as he shared his perspective on some of the current challenges policymakers are facing, what he hopes might get done in the next Congressional session, and what good things he believes are happening that we aren't talking about enough. As always, Bill is direct and practical in his comments. Colton Bean, Director ...
Jul 08, 2020•39 min•Season 1Ep. 19
This week we were thrilled to be joined by Daniel Neff, Co-Chairman of Wachtell, Lipton, Rosen & Katz, along with Paul Perea, TPH's Co-Head of M&A. Gained from over four decades of experience advising major companies, Dan shared his insightful perspective on top concerns for public company directors, managing a New York-based law firm through COVID-19 and the unique, positive aspects of deal making in the energy industry. We kicked off the session with our panel of TPH experts: Mike Brad...
Jul 01, 2020•39 min•Season 1Ep. 18
Welcome to another edition of COBT! This week, we were thrilled to have the opportunity to speak with Ben Ratner, a Senior Director for the Environmental Defense Fund, a non-profit seeking to solve the world's toughest environmental issues in practical and economic ways. We were also joined this week by Craig Webster, TPH's Head of ESG. And of course, we had the regular TPH band members: Mike Bradley, Colin Fenton, and Matt Portillo. They jump in on $40 dollar oil, a preview of earnings season, ...
Jun 24, 2020•45 min•Season 1Ep. 17
Today we had the pleasure of speaking with two Energy Technology stars: Emily Reichert, CEO of Greentown Labs, and Brad Burke, Managing Director of the Rice Alliance for Technology and Entrepreneurship. Greentown Labs has just announced that they are expanding to Houston and we couldn't be more excited for them to join in the effort to make Houston the capital of the new energy world. Headquartered outside Boston, Greentown Labs coming here is an exciting leap forward for the city. Emily was mos...
Jun 16, 2020•39 min•Season 1Ep. 16
Jun 16, 2020•32 min
