- My Forums
- Tiger Rant
- LSU Recruiting
- SEC Rant
- Saints Talk
- Pelicans Talk
- More Sports Board
- Fantasy Sports
- Golf Board
- Soccer Board
- O-T Lounge
- Tech Board
- Home/Garden Board
- Outdoor Board
- Health/Fitness Board
- Movie/TV Board
- Book Board
- Music Board
- Political Talk
- Money Talk
- Fark Board
- Gaming Board
- Travel Board
- Food/Drink Board
- Ticket Exchange
- TD Help Board
Customize My Forums- View All Forums
- Show Left Links
- Topic Sort Options
- Trending Topics
- Recent Topics
- Active Topics
Started By
Message
re: Where do you see o&g headed in the future?
Posted on 3/21/14 at 9:36 am to cwill
Posted on 3/21/14 at 9:36 am to cwill
quote:
They pay less in Laffy because the jobs are lesser jobs
A geologist or engineer for an oil company in houston and lafayette have the same responsibility. If you consider a job "lesser" because of less opportunity to move into an executive position or start your own company, then maybe, but I don't see it that way.
1
Posted on 3/21/14 at 9:38 am to 90proofprofessional
I looked at a deal a couple years ago in NLA and one of the seller's high points was that they had access to a liquids rich line that would transport their gas to a processing/cryo plant in ETX. NGL processing provides a nice uplift on your pricing...or at least is did, market is now flooded. So a plant in NELA, providing any additional capacity and closer proximity should help liquid rich gas producers in the area. However, I've always understood the Haynesville to be very dry gas. It would help cotton valley producers.
As for local impact I wouldn't expect a whole lot and most of it temporary. Some land and construction work...some folks will get ROW fees.
As for local impact I wouldn't expect a whole lot and most of it temporary. Some land and construction work...some folks will get ROW fees.
Posted on 3/21/14 at 9:49 am to TheIndulger
quote:
A geologist or engineer for an oil company in houston and lafayette have the same responsibility. If you consider a job "lesser" because of less opportunity to move into an executive position or start your own company, then maybe, but I don't see it that way.
There are maybe 3 companies in Lafayette that might pay market rate - Stone, Petroquest and Marlin. The mom and pop shops won't and most geos in Lafayette are old independents trying to put conventional prospects together that no one wants to buy.
Any other company with a presence there may pay the same as Houston for similar work but there are very few of those jobs.
Houston is ultimately better pay and better opportunity.
Think about it, if you don't like the company you're with in Houston you have 500 alternatives. If you're in Lafayette....you're probably going to have to move to Houston.
ETA: And I'm from Lafayette, love it, not hating on it, just giving you the lay of the land.
This post was edited on 3/21/14 at 9:50 am
Posted on 3/21/14 at 10:11 am to cwill
so no or minimal engineers at the processing facility 
is the 200 mmcf/d just nothing big?
is the 200 mmcf/d just nothing big?
Posted on 3/21/14 at 10:15 am to cwill
This post was edited on 3/21/14 at 12:16 pm
Posted on 3/21/14 at 10:27 am to cwill
quote:
and most geos in Lafayette are old independents trying to put conventional prospects together that no one wants to buy.
You can find them sleeping in presentations every monday at lunchtime in the petroleum club
quote:
There are maybe 3 companies in Lafayette that might pay market rate - Stone, Petroquest and Marlin
There's a few more-FMOG and Chevron have offices, but yeah, there aren't many. I was mainly referring to these jobs as being lesser jobs-they aren't necessarily-but they are few and far between.
My original post about Lafayette jobs possibly paying less was that they can afford to, because there aren't many of them, and so many people want to move back home to Lafayette rather than stay in Hoston.
Posted on 3/21/14 at 10:51 am to 90proofprofessional
quote:
is the 200 mmcf/d just nothing big?
Getting outside of my knowledge base...I'm not really sure. I'm in the upstream end of the business. My impression though is that 200/d isn't that significant when compared to the production coming out of the Haynesville.
Posted on 3/21/14 at 10:55 am to TheIndulger
quote:
petroleum club
That was the place to be for Sunday brunch after church when I was a kid.
And, whatever the reason, the money is better in Houston. And my view is if you want to be in O&G and learn as much as you can, make yourself valuable and build a great network of connections you have to spend some time in Houston.
Posted on 3/21/14 at 11:40 am to cwill
Page 4 of 4
Popular
Back to top
Follow TigerDroppings for LSU Football News