Clay Yeaman

Tallgrass Resources manages 1,000 wells with zero resource expansion using Quorum Software’s Upstream On Demand suite—unifying land, accounting, production, and well operations all in one cloud-based system. The result? Streamlined workflows, real-time insights, and stronger collaboration. Discover how modern energy leaders drive faster decisions. Read the new case study here: https://lnkd.in/gzgRcn_X #OilAndGas #EnergyTech #UpstreamOnDemand #DigitalTransformation

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Another win for innovation and industry growth in Louisiana! ExxonMobil is investing $100M+ to upgrade its Baton Rouge Complex to expand manufacturing capabilities that will support the U.S. supply chain. Learn more: https://lnkd.in/gFWRnENK

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ConocoPhillips just announced a 25% workforce reduction, affecting roughly 3,000 employees by the end of the year. CEO Ryan Lance cited a $2 per barrel increase in costs since 2021, with controllable expenses rising from $11 to $13 per barrel. This isn’t just a Conoco problem, it’s a flashing red warning light for the entire U.S. oil and gas industry. To me, this is proof positive that a combination of high tariffs, regulatory drag, and artificially low oil prices is taking a heavy toll on U.S. based producers. Rig counts are falling. Frac crew counts are falling. And despite all of this, we keep hearing from the administration about how “great” it is that prices are low at the pump. Yes, consumers benefit in the short term, but at what long-term cost? The 3,000 ConocoPhillips employees are just the tip of the iceberg. Thousands more drilling rig hands, equipment operators, service company employees, and other skilled workers are being laid off quietly across the country. These are high-paying, high-skilled jobs that support families and communities across energy-producing regions. And here's the real tragedy: when these workers leave oil and gas, many don’t come back. They diversify their careers, move into less cyclical industries, and are lost to the sector forever. That institutional knowledge and expertise, gone. That productivity and innovation, gone. That human capital, gone. This isn’t just about one company. Conoco is a bellwether. When a major like this is forced to make deep cuts, it signals what may soon be coming for other large independents and supermajors. Let’s hope that’s not the case, but hope is not a strategy. We need to be asking harder questions about the policy direction we’re headed in. Energy independence, economic stability, and national security all depend on a healthy domestic energy sector. Sad day for the folks at ConocoPhillips, and a warning for us all. So much for “drill, baby, drill.” #ConocoPhillips #Trump #DOE #ChrisWright #DougBurgum #thepermianfuelsamerica #oil #naturalgas https://lnkd.in/gQQ_mRFD

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CEO Toby Z. Rice joined Brian Sullivan of CNBC at CERAWeek to talk about the crucial role of natural gas in meeting the growing demand for data centers and the need to build infrastructure to unleash American energy. Watch the full clip here.

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Jack Williams, senior vice president at ExxonMobil, said the energy major is in “fighting weight” to weather the downturn as it looks for more opportunities to add value. Hart Energy's Nissa Darbonne reports. #crudeoil #shaleplays #acquisitions #Permian https://lnkd.in/gHnP_pR5

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Presidio Petroleum is going public via a SPAC merger with EQV Ventures to form Presidio Production Co., a Texas Panhandle-focused E&P. With $660M in enterprise value and $1.4B in identified acquisition targets, the company is gearing up to lead the next wave of oil & gas consolidation. #OilAndGas #Energy #Finance #SPAC #Upstream

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Recently I sat down with Drilling Contractor’s Stephen Whitfield to discuss how the energy industry embraces capital discipline and value-driven innovations to become more efficient. From advanced AI and automation to record-setting solutions like SLB's Neuro Autonomous directional drilling, the focus is on maximizing returns, reducing emissions and running safer and more efficient operations. Key takeaways:  ✔️ Collaboration and open ecosystems are unlocking new possibilities.  ✔️ AI and automation are transforming safety and efficiency.  ✔️ Aligning incentives across the value chain is the key to shared success. This isn’t just about drilling faster - it’s about drilling smarter. Discover how the energy industry is reimagining efficiency and redefining performance. #WeareSLB #Innovation #AI #Autonomy #Collaboration #Sustainability https://lnkd.in/dM3-GyT9

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Join Excelerate's CEO Steven Kobos at CERAWeek in Houston, to discuss key factors driving change in global gas markets, including energy security shifts, the rise of US LNG, and the impact of AI and data centers on demand. Discover how these dynamics create new opportunities for reliable and flexible infrastructure.   #EE #ExcelerateEnergy

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