Friday, June 14, 2013

Alumni Newsletter - Spring 2013

Greetings from the Bayou City, where Summer has descended upon us in a big way. We can't run but we can hide, at which we are expert. For those of you in northern climes, enjoy!

We have been absent for some time, for the simple reason that we had nothing to report (note to selves: more news, more newsletters). Now we do, and here we are.

Yours truly has just returned from a sojourn in Sonoma and can report that the wine country is thriving and the Russian River Pinot Growers Association, who were the object of the visit, are producing buckets of really fine pinot noir this year. If you're so inclined, this would be a good time to load up on Williams-Selyem, Arista, Davis Family or Holdredge pinots. Trust me on this. 

Ruminations

Before we get to the news, I thought I would speak to the amazing energy boom that is sweeping these United States. It's all happening in the absence of a national energy policy, which is astonishing - the northern branch of the Keystone XL pipeline, which is vital to bringing Canadian crude to the actual refineries, has still not been approved (although its southern leg is nearing completion); New York refuses to permit hydraulic fracturing although they are sitting on a major section of the Marcellus shale formation; California refuses to allow development of the Monterrey shale formation, which is potentially larger than any in the country; well permitting in many parts of the country and offshore is still dismally slow; and yet in spite of all this the general consensus is that North America could be completely and utterly energy-independent by the middle of the century if not sooner. It's a symptom of our success that rail transport of crude products has increased five-fold in the last year, because no one can get a pipeline approved, and the battle regarding liquid natural gas has now shifted from how to import LNG as to how to export it. It's a boom in spite of itself.

This induces some serious head-scratching on my part. No one has ever claimed that we as a people are not ingenious, but it would be neat if our government would go along with the gag. We in Houston and our friends in Calgary are the happy beneficiaries of this phenomenon, and I'm not complaining; we will happily take everyone else's money whilst they fret.

I met an actual electric car for the first time in my life last weekend. Now this was a Tesla S, and Elon Musk (who made his fortune at PayPal and subsequently founded Tesla and Space-X) is a bonafide genius. The thing is gorgeous, will run 0-60 in 4 seconds flat and handles like a demon, and as a certified gear head that counts for something with me. I'm not sure that I would have the same reaction to a Chevy Volt. There is a caveat: one really needs one's own commercial-grade charging station.  Therein lies the itch that has not yet been scratched. Great for bombing around Sonoma though.




In the Oil Patch

There was a dearth of news earlier in the year, but not as of late.

Transocean has begun a major restructuring, with the result that many of our friends may be looking for work. This was not unexpected due to the Shelf Drilling spin off of Transocean's jackup fleet. Transocean also plans to close its turnkey drilling subsidiary, ADTI, which means the end of the road for a long and storied business that was a major factor in the success of GlobalSantaFe and earlier, Global Marine; Challenger Minerals Inc. has also been shuttered. Change is inevitable, but not always pleasant when it arrives. Keep close touch with your friends and lend them a hand. We the Alumni are a huge network with over 50 companies represented. Some of our friends are going to need us.

As part of its restructuring, Transocean announced that J. Michael Talbert will retire and will be replaced by Ian Strachan as chairman of Tranocean's board.

At Rowan Companies, old friend Matt Ralls has announced his intention to step down in 2014 and will be succeeded by Tom Burke. Matt had a fabulous run at GlobalSantaFe and then Rowan, and we wish him well. A good and true friend to many of us.

Shell USA has indefinitely shelved its Arctic drilling venture, which encountered serious difficulties when its primary rig Kulluk was damaged last winter.  This also was no surprise as various regulatory and environmental groups were ready to pounce, and Shell unfortunately delivered. Arctic exploration will happen in due course - the planet is hungry for energy.

The Business of the Tribe

Myrtle Jones has left SCI and has joined Halliburton as Senior VP of Tax. Way to go Myrtle!

Terry Liscano has moved to Rowan as a Project Controller. Al Browning is also at Rowan. Al Schneider has left Transocean/CMI and is taking a short break before seeking work.

Seen at the Institute of Internal Auditors Annual Conference in April: Bob Herrin, Dana Elliott, Eric Garcia, Naomi Cancienne, Keith Shuffler, Craig Harper, and Tom Zahn. Yours truly was a volunteer for the IIA's Houston Audit Challenge Golf Tournament in May, at which Tranocean graciously purchased an Eagle sponsorship; Dana, Eric, and Naomi played and Naomi (who by the way is pregnant) carried away the Closest to the Pin award under most suspicious circumstances.

The Houston Chapter of the IIA, bye the bye, is a fabulous networking resource, and we highly recommend membership and participation to anyone in the auditing, financial accounting or internal controls fields. You can't buy that kind of exposure.

A "Girls Night Out" with Melissa Lukens Trader, Margie Echevarria, Kyna Agerton, Susan Fontenot, Darlene Dawson, and our beloved Donna Holden. We're not asking, and they're not telling, but everyone looks like there was a margarita or two involved. Maybe three. Each.


We continue to receive cryptic messages from old friend Marshall Bennett, who is apparently building up frequent flyer points like nobody's business. Last spotted in South Korea. Tony Tabone reported in from Ghana, where he was bookending with Frances Fernandez on an ADTI project; the elusive Mel Grahn and Buzz Koons were also on that project.

John Monks has reported in from Northern Offshore in Aberdeen: "I am here and we have here or in other locations, Neil Patience, Tracey Morrison, Ray Mustard, Jeff Durham and... for the hard of hearing...Jeff Surtees and Robert Rhodes".  Now that last is an authentic oilfield observation, and I personally can attest. I kind of liked the old days when we were all just a little rambunctious. Who ever decided that we should all be technocrats?

Thomas Gibbons checked in, saying "I'm a relic of Global Marine/GSF, and a retired Chief Engineer after 35 years with them. Joined Global Marine at the end of 1971...and retired August 2006. My permanent address is in Mariposa, CA - not far from Yosemite National Park". Now I like this because one of my pet projects is the National Parks Photography Project (See thenationalparksphotographyproject.com) and that is some of the finest country in this nation. So Thomas is a lucky man.

Newly found: Gerald Melancon, who is currently with ADTI, and Lawrence Holman, who was an electrician for Howard Guillot and Jimmy Johnson. Newly updated information for: Mark Denkowski, Paul Law and Tim Myers is contained in the Alumni Directory.

ALL of the Alumni information that we have lives in the Alumni Directory under Hot Links in the sidebar of this blog. We do our absolute best to keep it current, but please check your own info and let us know if anything is incorrect or incomplete. You might find an old friend in there too!

Necrology

It seems that we rarely go between issues of the Alumni News without losing someone, and here briefly is the list of our departed members.

Patricia Newton, the much beloved and talented wife of our respected and now departed friend Carter Newton for a remarkable 65 years, passed away on January 23rd. She was vibrant, joyous, and a blessing upon all who knew her.

Joan Brown, one of the original "Global Girls", died on March 8. Joan worked for many years  in the Global Marine and later the GSF Treasury Department and  was known for a dry wit and an arch view of the world, which concealed a heart of gold. Connie and Jim Abbs, as well as others, were heroic in helping Joan through her final days. 

Charles "Chuck" Trowbridge left us on April 1. Chuck was a long time fixture in the Global Marine maintenance department and his passing was reported by old friend Mark Crispi.

The Parting Word

What can we say? We are sitting on an energy boom of epic proportions, one which likely will be the last for many of us but which may last for decades. This is no flash in the pan.

Such events produce both immense benefits and immense change. So it has ever been. But when the winds of change are buffeting us, we need to remember who we are and where we came from - we are doers, entrepreneurs, adventurers. We have done things that most people cannot even imagine. We are different, and we know it.

There is the old saying, "Make hay while the sun shines". Go forth and prosper. Help each other out. There is plenty for everyone. We'll be back with more of your stories in a little while.