Monday, September 5, 2016

Alumni Newsletter Spring-Summer 2016

Greetings from the Bayou City, where if possible the weather has gotten even stranger since our last report. I felt it in my head, but was not surprised to hear that in 2016 Houston has had more persistent rain than any time since the 1950's. Which is like when I was born. At least (knocking on wood) no tropical storms involved. It's probably all my fault; I bought a new car in January and got a car wash contract to baby it. A nice ride, and it leaves the garage only on sunny days. Which means that it has 500 miles on it. A sorry state of affairs.

Speaking of age, it came to me that I have finally gotten old. I know this because I frequently go to Florida to be with my own kind. One has to admit that this is not totally painful.


This is the exact spot on my morning walk at Cheeca Lodge in Islamorada when I decided to retire. For good. And headed to the Tiki Bar to confirm the decision.

Ruminations

In all seriousness, I am lucky that I live in a building that is 6' above grade and can run away when I like. The flooding in Texas has been no picnic and our friends in Louisiana for whom I feel a great deal of kinship got absolutely hammered over the summer. Thanks to social media we all share photos, and I've never seen so many scenes of washed out communities in the most unlikely places. It's not like any sensible person builds in a flood plain. But when the Addicks dam in Houston gets to within 2' of flood stage, the approaches to the Sabine River bridge become impassable and Denham Springs near Baton Rouge floods, that's not normal. No one can control the weather, but you can control the aftermath. So do the right thing and give in whatever way that you can. A lot of people out there are hurting, and not just due to the lousy conditions in the oil and gas business (more on that below). Think of what you would do if your house had four feet of water in it.

So on the to oil and gas bust. As described in our last News, our friends in Saudi Arabia have been turning the screws on the US energy boom. But it's not all the same as it was. Production in Iran is turning out not nearly to be the big thing that it was expected to be. Venezuela is in absolute chaos and production is falling fast. Russia can't keep up and their infrastructure is failing fast as they face a cash crisis. Nigerian production is declining due to sabotage and infrastructure problems. In the US, weaker shale players have had to declare bankruptcy, but the rigs are returning to the hot spot: the Permian basin. That capacity can push back against all but the most serious players. And the US has the largest refining and petrochemical processing capacity in the world, most of which sits right by the San Jacinto Monument. Take a drive out to Mont Belvieu and observe the gigantic construction projects that are going on at Chevron and Conoco. It hurts me to say, but the near future does not lie with the offshore drilling industry. They are dumping rigs and people like there is no tomorrow. It lies in land drilling and the downstream that transforms cheap oil and gas into products, and all of the mechanics needed to do that. Long term, this may change. But who has time to wait? 

The point of this is that if you need a job, or want a better job, look to downstream.

Next to politics. Isn't this interesting? Without commenting on the candidates, a historic election in which neither major candidate has an approval rating of greater than 40% of registered voters. This hasn't happened ever. Not going to the issues at the presidential level, but I'm concentrating on my senators and my congressman. No other way to defend ourselves.

Finally, another snipe at Transocean for kicking its retirees off the back of the boat regarding health insurance. The Affordable Care Act which we have been forced into is no longer funny as mainstream insurers are leaving the ACA exchanges in droves, and average health insurance costs for retirees are three times what they were under company sponsored plans and it will probably go to five times by the end of the year. If we can get suitable coverage at all. I look at it like this: if the US military were to cut retiree benefits, how many people would be willing to volunteer to risk their necks when young knowing that they would be cast aside in retirement?

History

Aimee Dobbs, who has retired to care for her mother (and boy, that's another issue that we all will face sooner or later), provided the attachments to this blog which are most instructive as to how Global Marine came to be and documenting the history of Global Marine and Santa Fe International up to their merger. I sure wish we had more history like this floating around. I'm still working on finding a home for the the memorabilia that is in the hands of the alumni and soon to end up in attics, basements or dust bins. Who will care about those things after we are gone? Here are links to Aimee's work.

History of Global Marine and Offshore Drilling

https://drive.google.com/file/d/0BwidhKSgJo8WWkl4Y3JsYUNISUU 

History of Global Marine and Santa Fe International

https://drive.google.com/file/d/0BwidhKSgJo8Wb21FY2IxdmUzWTg

The Business of the Tribe

It's been a busy summer for the tribe, primarily attempting to keep jobs or get new jobs or retiring. So rather than focus on the obvious troubles, we're going to turn to personal matters; but if you know any member who is in need, help them out. This is no time to stint.

In a serious matter, our co-worker Kevin Coffman was injured in a household fall and suffered severe head injuries. James Stegall has been keeping up with Kevin and reports that he is making good progress to a recovery, which is hopeful as falls are often fatal. Kevin is proceeding with therapy but is still in assisted care. He's been in there for 96 days. For those of you who know Kevin (or who don't for that matter), you know that every measure of support is a good one. Contact James or myself if you want to reach out.


On happier notes, we have members doing what they always planned to do (and succeeded).

Jeff Shepard is conspicuously happy except for the usual routine of house repairs. He refers to himself as the "quartermaster", although I think he is really the general. The fishing and golfing seem to outweigh the mundane duties. I would say happy enough. Alaska seems to be a primary destination. Been there, done that, but only in high summer. If you feel like a cruise, pick one of the smaller ships that can sneak into the fjords. Don't go for the standard Alaska gold rush tours, which are pretty much like going to Knott's Berry Farm.




Keith Shuffler reports that while still employed he has acquired a ranch capable of handling 18 longhorns. There's a funny reference to Texas football available, but we're not going there (especially since UT thumped Notre Dame last night, although I'm not sure that I like the new Bevo). You've got to have built-in persistence to run a ranch. Keith says, and I quote with a little adaption, "I should encourage Pharaoh to free the slaves before the flies and frogs besiege us". 

Khaled el-Barkouki forwarded the following envious photo. Question is, who's driving? A James Bond shot. Everyone's in the back of the boat! Martinis anyone?



James Stegall was able to undertake a visit to Yellowstone with his kids. Very cute kids. This takes me back to when my parents carted me off to the Parks. I think I was a little troublesome. Ergo summer camps, the Indian Guides, the Boy Scouts, and any other reason to get me out of house for the summer. It was a wise maneuver, and still is. America is amazing. I still remember camping in the wild under the Sequoias and catching trout for breakfast. You feel a little small under an 800' tree. Which is the point.



Speaking of the National Parks, August 25th was the 100th anniversary of the National Park Service. So to commemorate these great servants of our heritage, a few photos from The National Parks Photography Project, which I was happy to support as a board member.


Half Dome Yosemite
Great Sand Dunes
All 59 photos, one each of the 59 parks, are exhibiting; at the Houston Museum of Natural Science through September 7, The GW Bush Library at SMU and the Lyndon Baines Johnson Presidential Library next, I think. Go see them.


Honor of Family

More than one of our members have taken time from work to raise their children. This is not of necessity, but because they wanted to. I cannot think of a greater purpose and sacrifice. After all, the next generation is not us, it's what we can help the children to be. 

Necrology

We lost several members of the tribe in the interval, which is never happy news to report.

Andy Anderson - May 2, 2016

Andy was one of the best liked people at Global Marine and later ADTI. Fellow member Dan Hansen summed it up best. "You could always count on Andy. All the time and every time. Always willing and able." For myself I might add that Andy was one of the most humorous and even handed persons that I ever met. We were in offices next to each other at ADTI, and when I needed a lift I would go next door. More than one tear in my eyes.

George Rowe - May 7, 2016

George was one of our more colorful characters. He was forceful and direct; in other words a born rig manager. When you were on his good side he was cordial; if not you would get the business. He was a soldier, as said by more than one. But like any good soldier, when you needed help George was right there and would stand by you.

Bill Hamby - June 19, 2015

Somehow we missed Bill's passing, with great regret. Bill was a great comrade, good humored and always willing to listen, but also very good at his job. He was also very private whilst being outgoing. An interesting, highly intellectual individual who we shall miss very much. With a laugh, which Bill would probably appreciate. He loved to laugh.

The Last Word

The glory days of the offshore drilling business are over for a time - bearing in mind that our business is cyclical and always will be. I also note as I run though the Directory that we are experiencing a generational change. Many retirements and more than a few departures, all heartfelt losses. But a new generation coming to the fore, as it should be.

So look after each other. The new generation needs to be brought along as our elders brought us along. The Tribe is a living thing, and never forget that. 
















Tuesday, March 22, 2016

Alumni Newsletter Fall-Winter 2015

Greetings from the Bayou City, which has had some of the strangest weather in many years. This has been mostly observed from my condominium in Houston since I had 4 surgeries last year; but my lovely spouse has provided some interesting travel meantime. Travel I can do. Spring is at last upon us, and the trees and azaleas are blooming. Hope does spring eternal. Surgery #3 was pretty amazing as I had my eyes done with inter-modal lenses. I figured I might as well do it, since I was already laid up. It worked brilliantly (literally). No more eye glasses for me. The doctors tell me that the eyes will outlive me.

I really do apologize for the late issue of the blog, covering some 6 months of time; but things have been very busy for all of us in the industry and for myself personally. At least I was able to update the Alumni Directory several times, which has required hundreds of changes, and there is a new version (Q1 2016) attached with the mail announcing this blog.

Ruminations

Regarding our previous Summer 2015 blog, I can't figure out if our country is trying to commit energy suicide or not. Our nice friends the Saudis are trying to kill the shale boom in the US (or perhaps Russia and Iran, whom they really hate); the US gas people are trying to kill the coal industry (which bye the bye provides 32% of all power in the US) but are doing a very good job of it; the export ban on oil from the US has been lifted; China is failing as a consuming state for the moment; LNG exports are commencing from the Gulf Coast to foreign destinations, including Japan which has no petroleum resources at all.

In short, I'm confused. The one thing I do know is that the dynamics in the offshore drilling industry are changing rapidly as are now the dynamics in the onshore drilling industry in the US (nobody has the talent that we have in that area, except for the Saudis and neighboring states who just need to poke a hole in the ground).

It does bother me just a little that the focus on climate change, renewables (at extremely high cost per KwH) and various other pipe dreams seem to dominate the stage. Who in their right mind would put a 50 year program on a 10 year track? Not up to me, but then I'm not running for office. I have a simple vote like anyone else. Use it.

Meantime, we have many friends who are either retiring or are too young to do so; and the young are the ones that we need to take care of. Who's going to re-start the industry? Been there before, I was one of the re-starters in the 80's. Glad to be retired, but we have to take care of our own. Which I will do for as long as I am able. Anytime, anywhere.

Meantime, on a lighter note, anyone who wants to whip me at golf is welcome to do so. A year off has not exactly improved my game, but do I care? It's the camaraderie that makes golf work. Friendship matters more than anything else, whether in work or sport.

The Bust

The situation is simple as described above, but in a little more detail. The US has almost 750 million barrels of oil in ready storage if not more. There are thousands of uncompleted US onshore wells that are ready for completion and production when and if needed. The Iranian resurgence in oil production has proven to be surprisingly weak, probably because they have neither maintained their equipment nor have they improved their equipment. And, other countries that are incompetent in oil field engineering - we can certainly point out Russia and Venezuela - will suffer mightily even with oil going for $40. 

I think it's fascinating that TransCanada pivoted from the KeyStone XL (the denial of which was a political statement that had nothing to do with economic benefit) to the purchase of Columbia Pipelines. Which achieves approximately the same goal. 

Gas is a different issue because it is difficult to transport. At the moment Australia has the advantage, since they have large supplies and are close to Asia.

You'd be surprised (those of you who have not been) to see the huge construction sites at Mont Belvieu for light refining and gas export. And it's enroute to the the Golden Nugget at Lake Charles, which is a pretty good way to blow off some steam.

The world always changes.

So where does one go in such a situation? Do as I did and head overseas, or perhaps to head downstream to the processors and refiners which are abundant in SE Texas? If you need to save yourself and your family, talk to these people now. Related industries that rely on the same skills that we do are also available; you'd be surprised. Join an association that is related to your specialty and attend regular meetings to network. As always the Alumni will help. If you have a need, we'll do our best. 

New Insurance Arrangements for Retirees

I don't know who set this up but it's been a total disaster for retirees. Costs triple, reimbursements fall by half; I've spent 4 months with OneExchange setting up my payments to my chosen provider, and weeks setting up recurring payments for outrageous amounts. Finally started receiving reimbursements from OneExchange against my 2016 reimbursement account, but guess what? They take the whole amount of each monthly premium against your reimbursement account, so you run out of reimbursements in mid-year. Assuming that you filed the reimbursement claim correctly.

I think that Medicare beneficiaries might have a better time with this process. But for us pre-65 it's a holy hell. 50 hours of my time spent with various three companies. All, we have been thrown off the back of the boat. Which in our industry is an unacceptable practice. If your buddy is in trouble, you help him or her. I don't understand this attitude. Nor apparently do the providers. Be very careful with OneExchange and your provider and document every conversation and email. We're fooling with health care here, so until you reach Medicare age this is the new reality. Welcome to the Affordable Care Act.

All, I'll be honest in that I was a front-line administrator for many years and later a back-office manager, I risked my life far less than any rig worker, but often enough. It's the nature of our business. Who can you trust if they won't guard your back?

Liz Williams at Transocean can help you, and is willing to do so. The only person who seems to be interested, and for that I congratulate her.

Business of the Tribe

Our last few issues of the Alumni blog were delayed by several events; the first, an avalanche of updates to the Alumni Directory; and the second the passing of my step-mother in CA, which occasioned considerable effort. However, I am back with you now.

There have been so many events in the lives of the Alumni that it's very hard to keep up with them all, but I will summarize.

A few misses.

Charles Keaton
5500 Lookout Ridge
Marble Falls, TX 78654
512.267.7563
cpk55210@gmail.com

Susan Deal
susandeal 2020@gmail.com

Otherwise, so many of our members have been moving about and retiring or actually dying on us (see the Necrology) that it's difficult to keep everyone tracked on an organized basis. See the Alumni Directory attached. If your information is incorrect, let me know.

 A few tidbits:

Adel El-Rawi is back in Egypt ex Dubai. Happy to be home with friends and family but needs work.

Mel Grahn, an old friend who used to host parties in a kimono. I thought this was most interesting. Still in Bali but thinking about Portland OR, which I guess is a little bit more civil but perhaps a little little less exotic. Mel has always been the adventurer.

Mike Hargrave took an unusual turn which I much admire. He became the Facilities Director at Yellowstone National Park. He needs a PM Director, if anyone whats to go north. I'm envious. Money is not everything. I served as a Director on the National Parks Photography Project, for not a dime, and it was worth every minute. Now showing at the GHW Bush Library, soon to move to the Houston Science Museum. 59 individual photos of each National Park, then on to the GW Bush Library and the Johnson Library. If it's in reach you'd be crazy not to go. Forgive me, I'm just crazy about the Parks; I grew up in them since I was a troublesome child, and was sent to camp every summer (!).

Clayton Grayson has moved to Thailand as well. He claims to be grouchy but I never knew him to be so.

Ed Sammarco, who has long been missing, is still in Kansas and is starting his own business. Way to go! You need to come down and play some golf, Ed.

Elizabeth Wilkinson snuck down to RGP for the last four years and I didn't notice. Sorry Elizabeth! It's a big job keeping track of everyone. 

Brian Townsend landed a job but I'm not sure where. Help us with an update, Brian, and congratulations.

Robert Bowden is recovering from a heart ailment fixed in September. Wants to golf if anyone is ready and able. Needs to get outside, as do I.

A lot of us have retired; I won't list all but you can check the Directory. More than a few. Note the Directory has a new listing of LOOKING. If you can find a contact that might be useful, let these folks know. If you are LOOKING and are not listed, let me know.

Necrology

Since we have been absent for so long, the necrology has snuck up on us, and it is a long one. Please give your thanks for the following who contributed in some way or another to your lives and pray for their souls.
  • Dick Hudson: Dick and his wife Margaret with their daughter, Margaret Hunt, niece Madison  Grace, and nephew Colten Elsneir perished in a house fire at their home in Chesterfield VA on January 17. A most horrid event in which 3 generations perished; but 5 of the children and grandchildren survived.
  • Tye Jacko passed on January 7. A much liked co-worker in the IT department. Reported by Jackie Montgomery.
  • Dick Black: We've been advised that Dick has passed. No information available, but certainly colorful.
  • Skeet Jones: We've been advised that Skeet has passed. Again no information available, but equally colorful.
  • Alice Springer passed on January 13, as reported by Priscilla West.
  • Dave Murray passed as reported by Sandy Fraser.

Final Word

One thing I want to note re the deceased. We all were "colorful" in our day. A good thing to note as we proceed. What is life without color or adventure? In my opinion, absolutely nothing. If one dares nothing, one gets nothing. The bland just go on from day to day. I'll quote Theodore Roosevelt:


“It is not the critic who counts; not the man who points out how the strong man stumbles, or where the doer of deeds could have done them better. The credit belongs to the man who is actually in the arena, whose face is marred by dust and sweat and blood; who strives valiantly; who errs, who comes short again and again, because there is no effort without error and shortcoming; but who does actually strive to do the deeds; who knows great enthusiasms, the great devotions; who spends himself in a worthy cause; who at the best knows in the end the triumph of high achievement, and who at the worst, if he fails, at least fails while daring greatly, so that his place shall never be with those cold and timid souls who neither know victory nor defeat.”

Regarding the matter of honor, I have said enough; but I think that many in the Alumni will feel the same. No one likes being kicked off the back of the boat having sacrificed life and soul for the job.

Ed Collins AKA Seahorse

PS We've had so many address and email changes it's been hard to keep up; so please do let me know re changes.