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Oil & Gas Journal ReEnterprised: Daily Summaries Delivered
by Endeavor Business Media
The Oil & Gas Journal ReEnterprised podcast addresses issues facing the petroleum industry in a way that highlights its transformation in light of the energy transition to a net-zero carbon future, as well as the ongoing evolution to a more inclusive and equitable society, With in-depth perspectives from OGJ editors and guests from all facets of the business, the podcast will explore and discuss the ways operators, service companies, and their employees from this historically very traditional industry are working through and finding solutions to these more progressive, nontraditional issues.
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- 6 days ago53 min
Insights: Prioritizing process safety management across the refining industry (Part I)
Editor's Note: The conversation is broken down into two episodes. Listen today to Part I and stay tuned for Part II. In this Insights episode of the Oil & Gas Journal ReEnterprised podcast, downstream editor and lead reporter Robert Brelsford talks with Joe Barnes, principal of Barnes’ Engineering Consultants and a veteran oil and gas operations, maintenance, reliability, and major-projects leader with more than 30 years of industry experience. Barnes, who spent roughly half of his career in refining and half in exploration and production, discusses why process safety management must remain a central concern for everyone working in oil and gas—not only safety professionals. Drawing on his experience with a major refinery accident and the aftermath of a separate major offshore incident, Barnes explains why good intentions are not enough to prevent major incidents, particularly in times when the potential for high margins could tempt operator’s into promoting maximized production over execution of maintenance on processing and production installations to ensure safe and reliable operations. During the conversation, Robert and Joe examine recurring root causes identified through Barnes’ review of process-safety incidents dating back to the mid-1980s, including absence of leadership, poor communication, inadequate risk identification and mitigation, aging equipment, deferred maintenance, workforce turnover, and the loss of experienced personnel. They also discuss why the industry has sometimes failed to consistently share and apply lessons from previous incidents, particularly when investigation findings are not widely accessible. The two consider the difference between personal safety and process safety metrics, the warning signs that preceded the 2005 BP Texas City refinery explosion, and the role of management of change (MOC) in evaluating staffing, maintenance, turnaround, efficiency, and capital-reduction decisions. Barnes also outlines the questions boards and executive leaders should be asking to ensure that process safety remains a business priority across economic cycles. Robert and Joe further explore how refineries can use past incident scenarios as practical training tools, strengthen external oversight and auditing, encourage employees and contractors to report weak signals and near misses, and build a process-safety culture that rewards risk identification and mitigation. Barnes closes with recommendations for protecting critical maintenance, communicating expectations clearly, auditing what matters, and keeping people at the center of process safety decision-making.
- 2 weeks ago27 min
Insights: State actors, ransomware, and the offshore security gap
Offshore energy infrastructure faces an increasingly complex mix of cyber and physical security threats as digitalization, remote operations, and geopolitical tensions reshape the risk landscape. In this Insights episode of the Oil & Gas Journal ReEnterprised podcast, OGJ Upstream Editor Alex Procyk discusses how offshore installations are becoming targets for ransomware attacks, navigation-system interference, supply-chain compromise, and physical sabotage. There is a growing shift from opportunistic cybercrime toward state-linked and organized criminal actors seeking long-term access to critical infrastructure. As operational technology (OT) and information technology (IT) systems become more interconnected, attackers are increasingly exploiting remote access pathways to move from corporate networks into critical operational systems. Traditional perimeter-based security models are proving inadequate for modern offshore operations and outlines emerging approaches such as cyber-informed engineering, OT-focused monitoring, micro-segmentation, defense-in-depth strategies, and integrated cyber-physical security frameworks designed to improve resilience across offshore platforms, vessels, ports, and subsea infrastructure. Cyber-informed engineering and OT-native security controls are emerging as key defensive strategies. References Offshore environments present unique security risks, Oil & Gas Journal, Members Only, Alex Procyk, Aug. 5, 2026. OTC-36764-MS Securing Offshore Ecosystems Against Cyber and Sabotage Threats OTC-36839-MS Access Management and Operational Security in Critical Infrastructure: A Longitudinal Evaluation of Cyber and Physical Security Breaches in Marine Environments OTC-36860-MS Cyber-Informed Security Architecture for Offshore Energy and Maritime OT Systems OTC-36928-MS Zero-Day Threat: The Silent Cyber War on Energy Infrastructure OTC-37012-MS Remote Operations for Autonomous Offshore Facilities: Design, Testing and Independent Validation of Secure and Robust Automation
- 3 weeks ago20 min
The Business: Reintroducing Bishopric Industries
This episode is sponsored by Bishopric Industries.
- Aug 18, 202618 min
Then & Now: From Spindletop to cybersecurity, how oil and gas safety evolved
What began as an oil and gas industry where workers relied on experience, instinct, and sometimes...luck...has evolved into one built on rigorous safety systems, risk management, and continuous improvement. In this Then & Now episode of the Oil & Gas ReEnterprised podcast, host Laura Bell-Hammer traces the history of safety in oil and gas, from the uncontrolled Spindletop blowout of 1901 and the invention of the blowout preventer to the structured health, safety, security, and environmental (HSE) programs that guide operations today. Along the way, OGJ examines major events that reshaped the industry's approach to risk. From Piper Alpha and Texas City to Deepwater Horizon, each disaster exposed vulnerabilities that led to lasting changes in regulations, process safety management, offshore oversight, and industry standards. These lessons helped move safety beyond protecting equipment and toward protecting workers, communities, and critical infrastructure. The episode also explores how technology is redefining safety and security in the modern energy sector. Smart PPE, predictive maintenance, real-time monitoring, and remote operations are helping identify risks before incidents occur. At the same time, growing digital connectivity has expanded the industry's focus to include cybersecurity, with events such as the Colonial Pipeline ransomware attack highlighting the connection between cyber threats and physical operations.
- Aug 4, 202613 min
Market Focus: Reading the oil market after the US-Iran MOU collapse
In this Market Focus episode of the Oil & Gas Journal ReEnterprised podcast, Conglin Xu, managing editor, economics, talks with Dennis Kissler, senior vice-president of trading at BOK Financial to discuss what a lasting de-escalation in the Middle East might look like, how OPEC+ strategies might evolve, whether $80-plus crude moves US shale, and where dependence on Gulf chokepoints stands in the years ahead. About our guest Dennis Kissler, senior vice-president of trading at BOK Financial, specializes in developing unique hedging strategies to assist producers as well as end users in minimizing energy market risk exposure. A registered commodity trading advisor (CTA), he has worked in the futures trading/hedging industry for more than 27 years, including 12 years as a floor trader/broker at the CME exchange, where he still owns a floor membership. Kissler has worked for BOK Financial since 2007 helping to establish and grow the energy trade desk which now ranks among some of the largest regional trading/hedging desks in the US. He is a featured commentary provider for various news outlets including Bloomberg News, Reuters, Financial Times, Wall Street Journal, and CNBC.
- Jul 23, 202620 min
Iraq at the crossroads: Export routes, OPEC, and the future of Middle East oil
Drawing on two recent Oil & Gas Journal commentaries, this Insights episode of the Oil & Gas Journal ReEnterprised podcast explores why Iraq is once again pursuing alternative pipeline routes through Syria and Türkiye, how expanded export options could strengthen the country's economic resilience, and why these developments matter not only for Iraq, but for global energy markets. We also examine whether Iraq's growing development ambitions are beginning to diverge from the production constraints imposed by OPEC, and what that could mean for the organization and the broader oil industry. The discussion incorporates recent reporting on Iraq's agreements with US companies and renewed efforts to revive westbound export infrastructure, placing today's headlines into a broader strategic context. Rather than focusing on day-to-day geopolitical developments, the episode takes a step back to consider the long-term implications for producers, investors, pipeline operators, and energy policymakers. References Hormuz closure emphasizes Iraq’s need for a second oil export route Reassessing Iraq's OPEC membership in light of national development priorities Iraq signs 48 deals with US companies during PM’s visit to Washington Iraq eyes Türkiye, Syria pipeline to curb Strait of Hormuz reliance
- Jul 7, 202626 min
Insights: Permian produced water, data centers can form symbiotic relationship
The rapid expansion of AI data centers in West Texas is creating a major water demand challenge, prompting industry interest in treating and reusing the Permian basin’s vast volumes of produced water as a potential cooling-water source. In this Insights episode of the Oil & Gas Journal ReEnterprised podcast, Alex Procyk, upstream editor, reviews the potential. Produced water is extremely saline—often far saltier than seawater—making conventional desalination expensive, but emerging technologies, including systems that use data-center waste heat to drive treatment processes, could improve economics while generating valuable byproducts such as lithium and other minerals. Large-scale adoption will depend on proving treatment costs at commercial scale, establishing clear permitting pathways, developing new business agreements between energy and data center operators, and effectively managing disposal and seismicity risks associated with concentrated waste streams. References Insights: Permian produced water needs someplace new to go - a discussion with Laura Capper (Part I), OGJ Insights: Permian produced water needs someplace new to go - a discussion with Laura Capper (Part II), OGJ Insights: Produced water in the Permian basin (Part I), OGJ Insights: Produced water in the Permian basin (Part II), OGJ Insights: What’s next for Permian basin electrification?, OGJ The Permian’s Next Boom Has a Water Problem, Produced Water Society Ranchers are watching the data center boom with growing concern, AGDaily
- Jun 23, 202611 min
ICYMI: Upstream M&A slows on pricing gaps while deal appetite holds
Despite a slowdown in headline deal values this spring, upstream mergers and acquisitions remain active beneath the surface. In this ICYMI episode of the Oil & Gas Journal ReEnterprised podcast, Mikaila Adams, managing editor, examines data from Enverus and Rystad Energy detailing international and North American upstream deal markets in 2025 and into 2026. The discussion explores how pricing uncertainty widened the gap between buyers and sellers, creating a temporary pause rather than a collapse in market activity. The episode also looks at where capital continues to flow and what those trends reveal about the industry's direction. From North American consolidation led by the Devon Energy–Coterra Energy merger to continued interest in gas-weighted assets tied to Gulf Coast LNG exports, the analysis highlights the forces shaping today's upstream M&A landscape. It also considers the likelihood of additional divestitures, private equity activity, and asset sales as companies refine their portfolios, pointing to continued dealmaking momentum even in a more volatile market. References Devon, Coterra joining forces to create 1.6 million boe/d shale titan https://www.ogj.com/general-interest/companies/news/55354563/devon-coterra-joining-forces-to-create-16-million-boe-d-shale-titan Ovintiv to divest Anadarko assets for $3 billion https://www.ogj.com/general-interest/companies/news/55358241/ovintiv-to-divest-anadarko-assets-for-3-billion Mitsubishi to enter US shale gas business through Haynesville asset acquisition https://www.ogj.com/general-interest/companies/news/55344199/mitsubishi-to-enter-us-shale-gas-business-through-haynesville-shale-acquisition Shell to expand Canadian operations with $16.4-billion acquisition of ARC Resources https://www.ogj.com/general-interest/companies/news/55373597/shell-to-expand-canadian-operations-with-164-billion-acquisition-of-arc-resources US upstream M&A hits $38 billion in 1Q26 before volatility temporarily pauses the market https://www.enverus.com/newsroom/u-s-upstream-ma-hits-38-billion-in-1q26-before-volatility-temporarily-pauses-the-market/ International upstream M&A stuck at historic low https://www.enverus.com/newsroom/international-upstream-ma-stuck-at-historic-low/ Upstream deal value falls 83% as oil price uncertainty widens the buyer-seller gap https://www.rystadenergy.com/insights/upstream-deal-value-falls Iran war impact on global oil markets https://www.ogj.com/IranWar
About Oil & Gas Journal ReEnterprised
The Oil & Gas Journal ReEnterprised podcast addresses issues facing the petroleum industry in a way that highlights its transformation in light of the energy transition to a net-zero carbon future, as well as the ongoing evolution to a more inclusive and equitable society, With in-depth perspectives from OGJ editors and guests from all facets of the business, the podcast will explore and discuss the ways operators, service companies, and their employees from this historically very traditional industry are working through and finding solutions to these more progressive, nontraditional issues.
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