Alumni Newsletter Spring 2015

Greetings from the now certifiably soggy Bayou City. Only once a decade or so do we get the kind of rain that we have had in the last few months, and it has been a doozy for all concerned not just in Houston but also to points north and south. So first and foremost, our deepest sympathy for those who have suffered loss of loved ones or property. Texas does have the habit - once in a while - of reminding its residents who is in charge. And it's not us.

Yours truly managed to compound this series of events by turning a busted knee into a broken hand (details will not be forthcoming as wholly embarrassing). So, I've had considerable time to watch the rains come in whilst progressing from full arm cast to splint to a truly magnificent surgery scar. To make the best of it, the spouse and I journeyed to Santa Barbara and points north with friends to celebrate her 60th birthday. Having passed the mark a few years ago, this was a form of gratification to yours truly; we are once again occupying the same decade in age, which was a source of some angst when we were not. 

In any case, the Bacara resort in Santa Barbara is simply marvelous, so that is our travel tip for this issue. Villas all over the Pacific shore, and a gorgeously landscaped setting so large that they have a fleet of golf carts to ferry guests about. A second tip: El Paso de Robles del Norte, colloquially known as Paso Robles, just to the north of Santa Barbara. We knew that the winery count in Paso Robles has exploded over the last decade, but it has be seen to believed. We later managed a week in Northern California, primarily in Mendocino, with a family that has been farming there for over 120 years. There is a pattern here, of course. No rain, and with the help of good friends large quantities of very good wine mysteriously disappeared.

Ruminations

In our Winter issue we carried on extensively regarding the effect of a dramatic and persistent drop in world oil prices; the whirlwind of which we are now reaping. Although, strangely enough, U.S. production continues at a heady pace; the theory being that investments having been made, large producers with strong balance sheets can still make a profit at $60 per barrel and are pushing ahead.

We are however, not whistling in the wind here. The damage to the offshore drilling industry has been grave; look no further than Transocean's plan to scrap a significant number of older floating rigs, many of which are near and dear to the tribe's heart. Old friend Jim McCulloch wrote in a nostalgic tone regarding the ships and the culture of Global Marine, echoed by many others,

"The Explorer was a tremendous accomplishment, but I really can't argue with the decision to scrap it. The truly special parts were scrapped when we converted it into a drill ship, which now is realistically obsolescent. 

I have tears in my eyes as I think about the Jack Ryan, but the tears are really for my friend and not the ship with which we honored him. The naming of the ship was a great and well deserved honor, and a mark of respect for someone we held dear in our hearts for myriad reasons. No matter what happens to the ship, or when it happens as ships never last forever, my memories of Jack and our friendship will never fade. The same is true for the C.R. Luigs and Russ.

Russ, by the way, is doing well. I had lunch with him a few weeks ago and spoke with him yesterday. We are trying hard to instill the old Global culture at Forum and we are having some success. I consult with Russ on that effort from time to time. If you really want to honor Russ and Jack in a way that lasts longer than steel in water, and benefits many, resurrect that Global culture where you are now. I think it's a little more involved than this, but Russ says that at its core it is simply the Golden Rule.

It warms my heart to see how passionate you all are about what we shared at Global."

I think we can attribute similar sentiments to our friends in the tribe who hailed from other companies in regard to what we might call the "original age" of offshore drilling. Many of us worked for more than one, and while no one will argue that we went at it hammer and tongs there will be no disagreement that we were all comrades in arms and still are. Times may change but that does not alter the basic contract, which is to work hard, work together, and take care of each other even at risk to one's self.

One instance will always stand out in my mind. A long time ago in West Africa a friend from a competing company was severely injured in an onshore accident. No less than five competing companies immediately offered assistance, and individuals from all five personally saw him through hospitalization and worked together to get him home. He was never alone. 

The same way of thinking should apply today, as many of our friends need work and assistance. Should anyone in the tribe need such help, just drop us an email or call.

Moving on, it seems almost certain that a new wave of consolidation will occur across the energy industry as a whole, even while the offshore drilling companies are splintering into an ever growing number of highly specialized "sector" drilling companies that are defined by the equipment that they operate and the geographic areas in which they operate. But we are the exception. In the E&P and equipment sectors, it's entirely possible to imagine large combinations as the strong acquire the weak, and as equals seize opportunities to combine for mutual benefit.  So we're not done with this long story yet.

The politics of the day continue to astound, so the best course is to say nothing at all. 

I did take the big leap and acquired an IPhone 6. Wicked fast and only moderately cranky. A good friend has a 6S which he refers to as his "television". I knew there was a good reason to buy Apple stock way back when; mission accomplished.

The Business of the Tribe

Things have been very quiet as of late, which echoes our previous observation that some of us may be getting old. Thank god not all of us! Although stories of interesting retirements or semi-retirements do keep popping up.

Matt Ralls has not entirely hung up his spurs as previously reported (turned out to be an extended vacation). Matt is the Executive Chairman of Rowan and also sits on the boards of Cabot Oil and Gas and Superior Energy Services.

Sherry Richard continues as a high-end HR consultant as has joined the Board of SBM.

Mike Anderson recently moved to Transocean from Pacific Drilling as Director of Marketing. 

Robert Bowden continues to consult in accounting and finance in the most ungodly locations. Swears he will reform that behavior and spend more time at home. Which would be good, because Robert has become part of the golf group involving yours truly (when able), John McClure, Doug Stegall and Alex Krezel.

Gary Garrison reported in from Sao Paulo where he is on assignment with Kinematics. You've got to love Brazil, Gary. Get out to the beach, dear fellow. Unparalleled views.

Bill Ceppi popped up onto the radar and is working at Paragon with Andrew Tietz, Bill says hi to Dave Gordon, Robert Johnson and Mark Monroe. 

Ian Clydesdale very kindly dug around in the records and found yours truly's missive for the Global Marine News from Gabon in 1992; which I had thought was lost forever (I'm a lousy file keeper), so many thanks in order there. If you're a total masochist, I have it on PDF.

Adel El Rawi is preparing to leave Dubai and return to Egypt. Looking for work, so do speak up if you can assist this remarkably talented individual.

Chuck Sims has relocated to Lafayette, Tennessee. Drifting perilously north.

MIA: Judy Peplinski and Paul Nielson. We know they're out there, but emails bouncing.

Found: 

Charles Keaton cpk552010@gmail.com 

Sharon Devine saddevine@comcast.net

As always, be reminded that the Alumni Directory has been updated to the best of our ability, but if you know of anyone who wants to be found do let us know. NEED EMAIL in the Directory indicates those who we cannot contact, assuming that they wish to be contacted.

Memorabilia: Hang on to all that stuff, all, and don't throw it in the dumpster. Several of you have asked what can be done with these treasures, and we're looking for a home. Perhaps we'll have news by next issue.

Necrology

Only one note, but a personally sad one.  Old friend John Pond apparently has passed away at his hacienda in Central America. John was as sharp as a tack and was a more than reliable companion on foreign adventures; he could resolve a difficult problem or obtain a gin tonic with equal ease. And he could make you laugh.

The Last Word

We usually take an extended minute to wrap up the News here, but today we want to focus on one thing.

Take care of each other. It's a crazy world out there.

Your faithful servant, Ed

Alumni Newsletter Winter 2014

Greetings from the Bayou City, where a very wet and cold fall and holiday season has suddenly turned into what passes for a lovely winter day. We are sure that this will not last, but nice to be writing with the sunshine streaming in.

We are a little late with this issue, but previously there was frankly not much to write about. Now there is, so this will be a large issue.

Yours truly managed to damage a knee, which has caused considerable inconvenience but which is now repairing nicely due to the efforts of my very nice doctor at the Medical Clinic of Houston (which, bye the bye, is where you want to go to get superior treatment). So no golf as of yet; but did manage to stagger about New Orleans the week after Christmas, which we substituted for our usual post-holiday trip to New York City. I was a little worried about the condition of the French Quarter; completely unfounded, as the place has been put back together better than before. For those who are interested, the Ritz Carlton on Canal Street is, well, the Ritz. Great location, great service, great jazz bar. Best in NOLA. And the Boeing Building at the New Orleans WWII museum is really something. Ever seen a B-17 in person? Along with about 10 other notable aircraft hanging from the ceiling, as if still in flight. My god father, General Matthew Garland, flew B-17s in Europe and my dad flew C-47s in the Pacific. Neither talked about it much, but when you see the planes it's an OMG experience. If you want to have a real retro experience, get a copy of "12 O'Clock High". Gregory Peck played the role of my god father. Idiotic bravery, much like the culture of our own industry. Which perhaps explains, both on the drill floor and in the back offices, why we are all so close. Some take the risks, but they always know that someone is a their back.

Ruminations

Hard to decide where to start as the last few months have been exciting to say the least.

We have our first majority Republican congress in a decade, which may or may not bode well depending on your political point of view and whether everyone in DC can agree to behave; but history indicates that split Executive and Legislative branches are actually pretty productive. Of course everyone of our economic persuasion would like to see authorization of the Keystone XL pipeline and allowance of oil exports; the first since we need heavy crude for our Gulf refineries and are not about to import it from not-friends, and the second because we have so much light crude from the shale plays that we don't know what to do with it all. 

Speaking of which, the American energy revolution is underway, By sometime this year, North America will have become the most productive energy province in the world. The bad part is a temporary but massive drop in oil and gas prices as supply outpaces demand. This will have a real impact on weaker players in the North American energy industry; my own feeling is that weaker players will be absorbed by larger players who possess massive amounts of cash. It's all a little unsettling at the moment as many parties in the industry are announcing layoffs. But this is not the 1980's. Not only in the United States but in many of our energy partners the economies are far more diversified, and the non-energy sectors that depend on cheaper fuel and feed-stock prices will profit mightily. We can all live with oil at $70 per barrel and natural gas at $4 per MBTU, which are the projected price levels for the end of 2015. And as the bonus, these price levels will seriously damage less than friendly foreign entities who we will not name, but you all know who they are.

Continuing the subject, the US Dollar is now the most desirable currency in the world excepting the Swiss Franc. So if you feel like going to Europe or almost anywhere else, now is your chance. By the time you arrive the Euro should be close to 1:1 parity with the USD; and the Canadian dollar and the Aussie are trading 40% below their levels of a year ago. Knock yourselves out and get on a plane. It won't last forever.

Re the unsettled political situations in the world, these will not last forever either. It is not up to the great powers. We the powerful can assist, and we will. It is up to the common men and women who inhabit these places. Their desires are just like ours, and we sometimes need to recall the origin of our own nations. Free people think alike, albeit through the lens of their own cultures. The first objective is to overcome fear; the second is to act; and the third is to seek contentment. The fanatics and dictators of the world dislike these concepts very much, because fear and discontent is their stock in trade.

There was a tremendous article in the Wall Street Journal on January 24 regarding Winston Churchill, who is one of my personal heroes; not because he was a saint, but because he would not give up. Worth reading, as so few have given so much to the concept of liberty and freedom.We ourselves left the British Empire centuries ago; but time can heal old wounds and build new alliances. Winston knew this, and acted upon it. Hard to believe that he has been gone for 50 years. He died on the same day and within an hour of the death of his father, Randolph. A curious parallel to John Adams and Thomas Jefferson, who both died on July 4 within hours of each other. I remember as a child getting up at 2 AM to watch Winston's funeral cortege on a black and white TV (which the networks in a rare event at the time carried live) with my dad. 

Energy News

It seems everyone is doing a spin off of older offshore drilling rigs these days. Paragon Offshore, a former division of Noble, is the latest.  Land drillers are stacking vertical drilling rigs like crazy, but rigs with horizontal drilling capacity are working. Rail companies are doing a busy task of transporting both oil (a result of our inability to approve pipelines) and sand for fracturing processes. The coal business is cratering, primarily due to government interference. Which brings up the question: why would a responsible government attempt to destroy a business which generates 40% of the power in these United States? There is no describing this logic. At least with the new Congress there is a chance of approval of offshore drilling on the US East Coast. Not so the Arctic. There are billions of barrels of oil up there, but the administration has locked down millions of acres up there; and to be honest, we are not there yet from a technical point of view. That said, it's kind of dumb to prevent technical progress. No one would be in the offshore business today if a few bright souls had not thought to hang drilling rigs off the sides of LSTs, or later to conceive the derrick-moonpool concept for the standard floater configuration; or to invent jackup and semi-submersible drilling rigs, and later to invent functional directional drilling.  Or, in the land business, without hydraulic fracturing. We don't get political very often in this blog, but our current government is frankly crazy in regard to energy policy. There is no problem with alternatives; we have always been a creative industry, but practical as well. You can't sell what you cannot produce for a reasonable profit. 

The Business of the Clan

The fact of it is, the clan is splitting into three groups, all of which can support each other: those retiring, those retired and still working as consultants, and those working for a daily wage. Not that this is bad; it's a natural progression. So, the news, with new addresses contained in the Alumni Directory.

Very happy news: Christie and Yoni Sade have new twins, Ethan Adam and Maya On.

Matt Ralls has retired from Rowan and at last report was hanging out with Amy and the Hunts in Melbourne and Sydney, Australia. A little jealous there. I like Australia. Matt and Roger look pretty buff here. Our Austin crowd is getting bigger by the day. 

Geoff Evans has turned from a Renaissance Fair character into an actor. Played Dr. Watson in a Sherlock Holmes episode on PBS Radio. In all a very interesting retirement, with lots of costumes. 


Robert and Lynn Bowden have returned to the US. A happy event and Robert is golfing well. Also consulting, although probably spending more time away from home than he would like. Pretty crazy schedule involving multiple continents. 

James Stegall has returned to the US, where he will manage the Discoverer Seven Seas.

Old friend Jeff Shepard is retired in Reynolds Plantation, GA and is having what I would call a "grateful" retirement. He's missed a few bullets but is now golfing, hunting, fishing, travelling, and has become a grandfather as well. "Every day is Saturday", he says.  That's a pretty good way to approach life. Just for a little historic hilarity, a photo of Jeff and Trisha in Gabon in 1980s. All we guys apparently had moustaches. Trisha still cute as a bug.

Mike and Julie Dawson have relocated to Sugar Creek in Houston. They also maintain a home in Santa Fe, New Mexico. Retired, growing art collection, golfers, both better than I. And a Jaguar F-1 lurking in New Mexico. My jealousy in this regard is unbounded. 

Andy and Peggie Dement have relocated to Garland, Texas to be closer to their family. This was unexpected but Andy is a pro at the unexpected.


Jim and Susie McCulloch have relocated to Houston 77024. A welcome addition to our own weekly dinners at Sylvia's Enchilada Kitchen on Woodway. Jim is working with Forum Energy. Jim and Susie made a magnificent gift to Tulane University to endow a professorial chair in Energy Law. So, doing all the right things.

Peggy Jennings has relocated to Jacksonville, OR 97530.

Old friend Ed Fleming is working as a consultant in Houston. Still the CFO of X-Drill but recently departed from Oro Negro. Had lunch the other day and Ed says "hi" to everyone.

Wendy Clark has gone to work for Freeport LNG.

Dru Duran is working with United Communication Broadleaf Group. 


Myra Pickett was appointed Operations Accounting Controller at BHP.

Chris Corcoran is working at ABS in what is apparently a dream job.

Mandy Schaefer is working as the Compliance and Ethics Officer for the Texas Municipal Power Agency. She like Brenda Hethcoat has relocated to College Station TX; Mandy has 2 kids, Dean and Rose; in other words, quite the handfull.

Brian Hefty along with the aforementioned Andrew Tietz is working at Paragon as the VP of Tax. My favorite tax guy ever. Myrtle Jones at Halliburton gets my vote for favorite tax girl ever. Navigating the ever changing currents of tax is not an easy task.

Gregg Farris has retired after a long and successful career at Oceaneering. This of course does not mean that we have seen the last of him. A very social and very accommodating host, whose humor and kindness are much appreciated by all.

Frankie Henderson has retired after many years at Global Marine, GlobalSantaFe and Transocean with many friends made during her long tenure.

Gurbachan Virk has joined the westward-ho crowd and has moved to Pleasanton, CA. Now this is a nice part of Sonoma, which we ourselves like very much. Sonoma is so different from Napa; real farms out there, except for a few trophy properties. Which are not bad; they fit into the wilderness of Sonoma quite nicely, hiding on the River Road.

Reg Powell got in touch and, having retired from Transocean, is operating his own company: Drilling Industry Inspection Service. 

Greg Shoalmire is working as the Manager of Global Mobility for Ensco.

Kelly Millsap is working for Friedken, one of the largest Toyota importers in the US.

Kind thoughts to Mark Crispi, who had a health scare but is now recovering. 


Had a nice note from Louis Solana, who was the master of the Arctic 1, the Glomar Grand Banks, the Glomar Robert F Bauer, the Glomar Atlantic, the Glomar Explorer, and the Development Driller I. In other words, an impressive resume, and a tremendous fellow to work with. John Thorson and I just about drove him crazy in Singapore whilst reconstructing the R F Bauer. However, rig delivered more or less undamaged with the exception of a flying garbage skip upon departure.Nothing like an overactive crane operator.

Rick North has moved to Los Lunas, New Mexico, and is apparently a happy retiree. Grandchildren, barber shop quartet, working out, bridge, pool. 


A mini-reunion: David Armstrong, Karen McConaughey, Connie Abbs, Rich and JP Peplinski, Susan Fontenot, Cindy Kohlhoff, John Auth, Darlene Dawson, Kyna Agerton. We need to do more of this stuff.

We have a lot of Missing In Action members, primarily from dodi.com and deepwater.com, which we imagine is due to spin offs. If you see the name of a friend on our contact spreadsheet that says NEED EMAIL, please reach out to them and ask them to contact us at gsfalumni@gmail.com with new email addresses. We're very much committed to holding the clan together.

Speaking of which, Nial Moran and Joe Boyd have put together the Santa Fe Alumni Association (SFAA), with which we encourage interaction as fellow travelers. You can reach Joe at lynnefarms@aol.com.

History

We've kind of bounced this idea around a little bit, but between us all we have a lot of history regarding Global Marine, Santa Fe, GlobalSantaFe, Transocean and their predecessor companies in our possession.  Seems to me that we could put something together with a willing sponsor, but such a sponsor has yet to be identified that would be satisfactory to all concerned.  It would be a shame to have all of this memorabilia dispersed, and I will begin to try to find a home for it. What a legacy! If anyone has ideas in this regard, please do contact me directly at ecollinsii@comcast.net. 

Necrology

Bruce Watson reported that Joe Harlan passed away in 2014. Besides Joe, who will be missed, we fortunately have no further passings to report. Which in this day and age is a good thing.

The Last Word

Every once in a while, things in this industry get out of hand. We are at the moment observing a seismic shift (no pun intended) in the structure of the international offshore and onshore drilling industries. How it will turn out no one can tell; but it is reasonable to expect that foreign demand will increase, especially as the economic health of our trading partners may improve due to economic recovery measures; and further because trading partners will become much more specific with whom they trade. 

The outcome will undoubtedly be unfavorable for our industry in the short term; but three factors should be considered in the long term. First, the cost of fuel has been dramatically been reduced for many corporate and private consumers, which will generate new prosperity across large areas of the global economy. Second, demand for energy will increase as this prosperity occurs while reductions of supply will inevitably occur, thereby mitigating the current price plunge. And third, the generations are changing. Those who wish to retire will do so comfortably; and demand for skilled labor in the industry will increase with the departure of these older workers. So take a deep breath and go forth.

Meantime, bundle up your US Dollars and take that trip that you've been dreaming about. No better time than now. Just leave the white sneakers at home and don't even think about folk music. Leave that to Rick Steves.

Your faithful servant, Ed.

Alumni Newsletter Spring 2014

Greetings from the Bayou City, where we have nearly floated away as of late. We needed the water, but when you have a car with 3" of ground clearance you think twice before exiting the garage. Truck guys ruled the road the last few weeks.

We seem to have settled down to a rhythm of three posts per year, which suits my schedule as even though technically retired, I seem to find plenty to do. I had imagined golfing, reading and napping. This is not the case, except for the latter which seems to go with the 60+ territory.

Ruminations

Is it just me or has TV gotten more interesting lately? I personally can't wait for the end of the reality shows.. I mean, who wants to watch someone running through 25 dates or someone choking on their pea soup?  I'm liking the rise of documentaries. After all, if you can't remember they will help you out. I grew up in the age of documentary shows, although I have to admit that "Laugh In" caught my fancy. Of course I was reminded of this by a documentary

On a more serious note, I and my family have now been through three cases of adult dementia with our elder members. This is not to be taken lightly. In the past in the South, we used to say that someone was going "batty". It was an amusing term. This is because they would go crazy and then they would die. Now people go crazy and don't die, which is the most painful thing imaginable.So, watch for the early signs of dementia in your loved ones, and get them into treatment before it advances, which it does with terrifying speed. If you're feeling charitable, give to Alzheimer's research or volunteer to help those who cannot help themselves.

On to the politics of the day, the Keystone XL North pipeline proposal has earned its Masters degree - due to the fact that it has been in the approval process for 5 years. Another year and it will earn its PhD. I'm not quite sure how the words "energy security" and "national security" don't connect with the current administrations, and I don't restrict that comment to the US. Although the US is the current leader in dumb regulations. 

A long time ago (say, 1980) I was watching the Tonight Show with Johnny Carson and he had a guest who advocated electric cars. He asked the guest "Where does the power come from?", and she answered, "From the wall". 

As mentioned in a previous post, I'm a big fan of the high-torque, high-powered electrics such as the Tesla. But the question remains, where will the power come from? It's kind of heretical in our industry, but the answer for the moment is, much of it comes from coal. In our industry we do plenty to keep the fuel, chemical and utility industries in business, but you can't change the dynamics of energy overnight. It takes decades, as we all have witnessed. All hail shale oil and natural gas, on which we are sitting upon huge stocks due to hydraulic fracturing and horizontal drilling. We will spread this technology throughout the world, and will profit mightily by it. But don't forget the good people in the coal mines. They are our brothers in arms, after all.

In The Oil Patch

There is so much going on it's almost hard to describe.

Transocean has performed another pivot and has spun off its UK operations into a new company, Caledonian. This is in addition to its prior spin off of the bulk of its jackup fleet into Shelf Drilling. Noble has spun off the bulk of its offshore assets into a new company, Paragon Offshore, based in the UK.We won't get into a discussion of tax domiciles, but the various tax departments in the industry have been very, very busy. Which raises the question: when will the US Congress get its wits and revise the US Tax Code?

Commander Drilling Technologies, a successor to the now defunct Applied Drilling Technology Inc. has set up shop and is drilling. One can find many familiar faces there. The same is true at Rowan, where many of our former co-workers can be found. Which is to say, that the tribe continuously transforms itself and we are all members of it, regardless of affiliation.

There are no less than 22 major refinery, chemical and export facilities under construction in the US, according to a recent Wall Street Journal report. That's an investment north of $40 billion, much of it flowing from foreign firms. Investment in the UK is also soaring.

The Business of the Tribe

We had a very nice luncheon the other day organized by Brenda Hethcoat, who has actually managed to relocate to College Station without losing her day job. Attendees were yours truly, Tony Borst, Richard Brown, Ray Bember, Jackie Montgomery, and the ever elusive Robert Bowden, who has returned from Dubai. Robert has a very simple message: "I missed Texas".

Speaking of gatherings, we missed our Stampede last year but sentiment is growing to have another. So, we are thinking of organizing the 3rd Stampede. All those in favor, say "Aye". We'll proceed based on your responses.

Dean Verinder checked in with the news that he has renounced bachelor status. This is quite the development as he may be our longest surviving bachelor. Just never found the right girl, and never tired of partying with the boys, he says, until now. Dean met his love, Leyla, in Baku and was literally swept off his feet. Which is pretty difficult to do to a roughneck. They were married in double ceremonies in Texas and Baku and now reside in the latter. Dean is working for BP, another hot bed of ex-Global Mariners.

John Domingue spent some scary moments in hospital. Patrice says he's OK, but we all think about these things as we move on.

Found: Richard Greff, Gurbachan Virk, Stan Brown. Do keep up with our Directory, attached hereto. We have hundreds of records but it's up to you to keep them up to date. If you have news or new address information (and believe me, as we all scatter it will happen), contact us at gsfalumni@gmail.com.

Necrology

We lost two good friends this month.

Clancy Cavanaugh, a true friend to many of us and a mentor to many others, passed away on May 7 in Brenham, TX. Clancy was colorful, as we like to say in these pages, and a memorable character; but also had a heart of gold. He received the ultimate kudos from a number of correspondents: "He was one of the good guys". He was, in short, always one who anyone with sense would work with anywhere on the planet, any time. His boots were always first on the deck, and the last to leave. He leaves his wife Arnie and children.

William T. Williams (Tom to all of us) first of Global Marine and later of Applied Drilling Technology Inc., passed on May 27. Tom was a uniquely organized individual who could pull a single piece of paper - the right piece of paper - from a 3' tall stack, or recall arcane information from the vast Rolodex in his head. He was hard-headed but kind. Tom had two favorite phrases which stuck with me for all of the time since I met him: "Your failure to plan does not constitute an emergency on my part"; and my favorite of all, "If you're not the lead dog the view is always the same". Somewhere, the giant Singapore Airlines stewardess cutout which graced his office will remain. Tom leaves his wife Dinah.

Dave Geer and his wife Judy were lucky enough to see Tom and Dinah in Paris a few weeks before his passing. As said to Dave, Paris is not a bad last trip. 

RIP to both of these accomplished and great co-workers. Yes, they were old school, but they knew exactly what they were doing and did it their way. A lesson to be remembered.

The Final Word

You all will pardon the interval between newsletters but life has been a little complicated for your correspondent. There are lessons to be learned, however.

Be good to each other, and don't forget that empathy is perhaps the most worthwhile emotion. I know. I have people who I love and people who I hate, but empathy is the great equalizer..

We are members of a unique group which most people don't even understand. We have done things and been to places which others cannot imagine. Take pleasure in that - it will always belong to us. 

Best as always to all of you, your faithful webmaster and friends. Seahorse.

Alumni Newsletter Summer-Fall-Winter 2013

Greetings from the Bayou City, where a cold snap is in full force. We have been remiss in our postings, primarily due to the fact that yours truly has actually been working; and has been travelling extensively. Do forgive. 

The aforesaid travel involved California (thrice), Las Vegas (twice), and our annual visit to New York City to observe the holidays. We can report that NYC was more crowded this year than in years past; the Metropolitan Museum of Art is more spectacular than ever due to new acquisitions; we still window shop on Fifth Avenue but alas, Tiffany's is still out of reach for mere mortals. Cartier does, however, have LED leopards climbing on its facade, which is new and interesting.  We did see Steve Tyrell in the Carlyle Cafe, which proves that we are indeed crusters. A true lounge act for no more than 70 people. Made me nostalgic for the old days when big-name performers did small gigs. Surprisingly warm - 35 F days, 32 F evenings - although Morrell's Wine Bar on Rockefeller Plaza does provide a nice respite when the wind chill drops to 25 F or so. We escaped one day before the entire place shut down due to a storm, and are happily ensconced in Houston nursing colds that we picked up in NYC. A festive photo of Rockefeller Plaza. NYC really is something for the holidays. Except for the colds.

Ruminations

The energy boom in the US continues to astonish. A few items of interest: rail transport of crude oil has quintupled in the last year due to the lack of pipeline capacity to get crude to the right places at the right times. The Keystone XL pipeline from Canada to Cushing, Oklahoma is still, unbelievably, hung up in a regulatory quagmire, and our Canadian friends are not happy. The Keystone South leg will begin transporting crude from Cushing to Houston on January 23rd. We've made the discovery that crude from the Bakken Shale up north is actually explosive, which is not normal for crude, and as a result have had three explosions of Bakken from train derailments in the last three months. Probably why Mr. Drake, the very first oil driller in the US, observed live flame coming from the ground in Pennsylvania in the 1880's.

Meantime, the Environmental Protection Agency has shifted its attention from fossil fuels to coal, which is a much easier target. The only problem is that more than 40% of electric power in these United States is tied to coal; the question then being, what is going to power all of those promised electric cars (or our homes for that matter) when the EPA kills the coal industry? Not everyone can afford a Tesla, which is the only success in the field so far. Chevy can't give away Volts and Nissan can't give away Leafs. And Fiskar, the darling of Hollywood stars, is broke.

The ethanol lobby was dealt a major setback when the Congress struck down the ethanol to gasoline blend mandate since it would result in mixtures which would effectively destroy existing gasoline engines. Between that and more readily available light crude, gasoline prices have fallen nearly 12%. We always thought that producing ethanol from corn was dumb since more of it now goes to ethanol than to food and feed stock. For which we pay twice, both for more expensive gas and more expensive food. And the poor suffer disproportionately.

Another interesting tidbit: Texas is now the #1 generator of wind power in the US, and the grid to provide that power to actual consumers has been completed at a cost north of $6 billion. And we own it; Texas is an independent power producer not connected to the national grid. For which all Texans should give thanks. As the French playwright Moliere once wrote, "Consorting with fools is one thing. Being a fool is completely different."

We don't claim to understand politics nor do we take sides, but the US mid-term Congressional elections are now a mere 11 months away. We would suggest that if you have an opinion, make it known to your friends and gather support for your preferred candidates. We would also suggest that you support candidates who can not only win primaries but who can also win general elections. This is not a time for division but for unity.

Finally, and on a much lighter note,  I think that we all can agree that this has been one of the weirdest football seasons in history, both collegiate and pro. Very entertaining. Meaning that I actually watched the games instead of napping through them. Spouse is a Longhorn and has ceased watching football since the Longhorns went down ignominiously in the Alamo Bowl.

In the Oil Patch

The Arctic seems to be a matter of some interest. Shell's 2013 season was a miserable failure, in which only four top-holes were drilled and their primary Arctic rig, the Kulluk, was irreparably damaged when it broke its tow lines and ran aground near Kodiak, Alaska. Shell, however, intends to proceed next season and has the cash and permits to do so.

As the Arctic ice cap continues to melt, a race for territorial rights (including those for oil and gas development) has broken out. A Russian submarine planted a flag on the seafloor at the North Pole, which technically is in Canadian territory. The Canadian Navy has ordered six armed icebreakers to preserve its territorial rights. It's estimated that one quarter of the world's recoverable fossil fuels reside in the Arctic; as we all know, projections are one thing and facts are another, but this may be the next frontier. Meantime, the centuries old dream of a Northwest Passage may finally be realized, which could transform world commerce routes.

The debate in the US Congress regarding export of domestic oil has heated up considerably. Export of US oil has been prohibited for over 37 years, and the debate rages as to whether we should preserve our own resources or profit from higher prices in foreign markets.Export of liquid natural gas is already permitted, and both Cheniere and Exxon/Mobil have obtained export permits and are constructing LNG export terminals in Texas. In other words, the US has rejoined the ranks of global energy powers due to superior technology,  and we simply have more of the stuff than we can currently process.

In Mexico, dramatic changes to the Constitution have been passed by the legislature and have been signed into law by President Enrique Pena Nieto. Foreign oil and gas companies will not only be allowed to participate in Mexico projects but will be able to retain product for sale rather than having to sell through Pemex, the national oil and gas monopoly. The outcome of these events is not predictable; but a vast new exploration opportunity plainly exists. 

The more that we start thinking about a self-sufficient North American energy complex, the better off we will be, in my humble opinion. Politics be damned - this is a matter of national interest, not only for the US but for our partners. Now consider the following.

Imagine being free of the Middle East, where only one nation - Saudi Arabia - was actually formed on natural tribal and political lines. Iraq was the invention of the British (read up on Winston Churchill as First Lord of the Admiralty) to fuel their diesel powered battleships; Syria was the invention of the French to maintain a power base in the Middle East; later supplanted by the Russians, who use it as their naval base in the Mediterranean. The easiest way to solve these problems would be to let new countries be formed out of the old; which in fact is happening by violence instead of peaceful accommodation. It has happened before; witness the former Yugoslavia. 

Meantime huge natural gas resources have have been discovered off the coast of Israel, making for a huge national energy shift.

But enough of that. We in the energy industry respond to political events; we certainly do lobby in our interests but we have no control whatsoever over geopolitical events. We go with the flow.

As previously rumored, the acclaimed Applied Drilling Technologies Inc. has met its end. Domestic operations ceased on August 31, and reports are that ADTI's international operations have ceased. Challenger Drilling has shuttered as well.


Transocean is focusing on core businesses, ergo the spinoff of Shelf Drilling with 38 shallow water jackups; a huge bet on the deep water business, the outcome of which will be known in due course. Shelf, now based in Dubai, is making an equally huge bet that shallow water drilling will persist as a profitable business.

Coincidentally, Commander Drilling Technologies LLC commenced turnkey drilling operations in the Fall of 2013. CDT is a startup with a who's who of former ADTI employees and we have every confidence that the model for turnkey drilling will succeed.


The Business of the Tribe

Commander Drilling Technologies has acquired the cream of the crop in the turnkey business: Steve Morrison as CEO, David Crews ex of AGR/Oceaneering as VP of Sales, Bob Wood as VP Engineering, Tom Dolence and Dane Bokencamp as engineers., Joe Bob Wycough as VP Operations, Sonny Rodriguez as VP Purchasing, and Judy Low as CFO. Having done a little work for CDT, I can testify that this is a first class start up and we all should wish them well. Old friends making a run for the gold. I so much enjoyed working and visiting with old friends.

I can't resist posting a few photos of Connie Abb's Corvette. Who knew that nice, sweet Connie was a gearhead? As in, a serious gearhead?

 Look at that thing she is going to drop into that Vette!

A post from Adrian Gray from Singapore (my first overseas home town). A BBQ to remember!

In other news:

Andy Dement has emerged from retirement and is looking for work (like the rest of us, bored and looking for a little excitement).. A more superior sales man I could not imagine. 

Buddy King is working for Nexen Data Solutions.

JP Peplinski has become the CEO of Griffen Americas, which not only provides travel services but also publishes the Houston Business Journal. Eric Garcia has moved from Transocean back to Calpine, which I imagine is a more relaxed environment. 

Robert Bowden has returned to the US and is now working as a consultant. Back to Dubai for three months of work for Shelf Drilling. His info has been added to the Directory and all inquiries welcome in May. 

We did not hold a Stampede this year; however the former GSF HR group got together for a reunion and it was apparently a hoot. Attendees: David Armstrong, Karen McConaughey, Connie Abbs, Rich and JP Peplinski, Cindy Kohlhoff, John Auth, Darlene Dawson, and Kyna Agerton. We need to do this more often, but meantime a pic of the perps.

Recent new founds: Robert Bowden, Tony Reid, Torsen Knudsen, all of whose info can be found in the Directory. 

All of the Alumni information that we have lives in the Alumni Directory link under Hot Links in the sidebar of this blog. We do our best to keep it current, but please do check your own info to be sure that is correct.

Necrology

John McHale, my beloved mentor and co-worker of many years, passed during the Spring of 2013. His beloved wife, Marie, did not want to tell me due to her own grief, which must have been painful indeed.. John was a complete man; satisfied with his place in life, incredibly humorous, and totally genuine. If any one affected my early career with Global Marine, it was he. RIP John, and "just a wee dram" to you.

Jessie Warren: another personal loss, as Jessie taught me everything I needed to know about the operational side of the energy business and was kind enough to be a friend to me when I really needed friends. Passed November 8, news courtesy of George Matej. Jessie was irascible, demanding, and incredibly kind. 

The Parting Word

I've suffered terrible personal  losses in the last few months, and I am selfish to say so; but have also renewed old friendships. The Tribe lives on. We are who we are, forged in triumph and hardship, but always one for all and all for one.

Best as always, your webmaster and friends, Ed.

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.