Breakfast Forum: Perspectives on the Energy Industry 2014
The Houstonian Hotel
March 11, 2014
7:00 - 9:00 AM (CT)
As part of its ongoing Breakfast Forum series, BoyarMiller gathered industry experts for a panel discussion on the energy industry.
Speakers included: David Pursell with Tudor, Pickering, Holt & Co.; Thomas Bates, Board Member on various corporate boards; and Paul DeWeese with Southwest Oilfield Products.
Regulatory & Political
Capital & Technology
David Pursell, Managing Director, Head of Securities
Tudor, Pickering, Holt & Co.
The Regulatory & Political Climate
Dave Pursell serves as Managing Director and Head of Securities at Tudor, Pickering, Holt & Co. Dave is responsible for TPH’s analysis of global oil & gas markets, including inventory and price forecasts, supply/demand modeling and rigcount/production relationships. Dave is a board member of private energy companies Oxane Materials and Unconventional Gas Resources. He was a Founding Partner of Pickering Energy Partners, the predecessor to TPH. Prior to that, he was Director of Upstream Research at Simmons & Company, International and spent eight years as a Petroleum Engineer at S.A. Holditch & Associates, now a division of Schlumberger. He gained operational experience with ARCO Alaska, Inc., in an operations engineering function. He holds a BS and MS in Petroleum Engineering from Texas A&M University.
Boards of Directors – Hercules Offshore, TETRA Technologies, Southwest Oilfield Products, Independence Contract Drilling, and Wellflex Energy Solutions
Capital & Technology: Shaping the Future of Energy
Based in Fort Worth, Tom currently serves on the boards of directors of Hercules Offshore, TETRA Technologies, Southwest Oilfield Products, Independence Contract Drilling, and Wellflex Energy Solutions. He has been Adjunct Professor of Finance in the Neeley School of Business at Texas Christian University since 2011 and is a co-chair of the Energy MBA Advisory Board. Previously, he joined Lime Rock Partners as a Managing Director in 2001 and became a Senior Advisor of the firm in 2010 before retiring in 2013. Tom has 25 years of experience in oil service management and operations. He served from 1998 through 2000 as President of the Discovery Group of Baker Hughes and was responsible for the integration of Western Atlas into Baker Hughes. Earlier, he served as President and CEO of Weatherford Enterra. Tom also spent 15 years with Schlumberger in both domestic and international locations and was responsible for the Anadrill business unit when early MWD and LWD tools were commercialized. Tom began his career with Shell Oil Company, where he conducted drilling research. He has been a personal investor and/or a corporate investor in more than a dozen oil service technology startups. Tom was the recipient of the 1995 University of Houston/American Society of Engineers Offshore Technology Conference Award for outstanding leadership and citizenship. He is a graduate of the University of Michigan with a PhD in mechanical engineering.
Paul DeWeese, Chief Executive Officer
Southwest Oilfield Products
Global Markets – A Manufacturer’s Perspective
Paul has over 18 years’ experience in the oil and gas field services industry where he has experience running both public and private equity backed companies, which were domestic and internationally headquartered. Currently, Paul is CEO for Southwest OIlfield Products (formerly named Global Energy Services). Southwest Oilfield Products is a domestic, US based, industry leader that provides hydraulic fracturing equipment, nitrogen and coil tubing units and other well service equipment and pumps from their plant in Fort Worth, as well as mud pump fluid ends and mud pump consumables for the drilling, oil and gas industry from their main factory in Houston. Southwest Oilfield Products is a global leader of pump and well service equipment products, and an OEM manufacturer of frac pumps, and mud pump fluid ends and consumables. Prior to Southwest Oilfield Products, Paul led Socotherm Group as CEO; he led a global division that specializes in automatic welding for CRC-Evans, a Stanley Black & Decker company; and started his oil and gas career with Cameron International, where he spent 13 years. Paul holds a Bachelor in Business Administration from Regis University and an MBA from the University of Michigan.