Energy Expert and Consultant Mark Stansberry joins Jason Spiess at the 24th Annual Oklahoma Oil and Gas Expo in Oklahoma City, OK.
Stansberry recapped the themes behind a recent speech he gave at the National Association of Royalty Owners including natural gas, the digital transformation and others.
He also talks about an upcoming docufilm called Sherwood on the oil and gas industry. Stansberry has teamed up with some veterans in the entertainment industry, like Grey Fredrickson, to produce the film.
Frederickson is best known for being a long-time producer for Francis Ford Coppola and winning an Oscar as one of the co-producers of The Godfather Part II at the 47th Academy Awards. In addition he was also nominated for Apocalypse Now.
The docufilm will start the story in the summer of 1942, the future of Great Britain and the outcome of World War II depended on petroleum supplies. At the end of that year, demand for 100-octane fuel would grow to more than 150,000 barrels of oil every day and German U-boats ruled the Atlantic.
In August 1942, British Secretary of Petroleum, Geoffrey Lloyd called an emergency meeting of the Oil Control Board to assess the “impending crisis in oil.”
Thus began the story of the “little-known, or at least seldom recognized, all-important role oil and oilmen played in the prosecution of the war,” according to two historians who extensively researched archives in Great Britain and the United States.
The short story is they drilled in Sherwood Forest. The longer story will be out next Spring.
Stansberry and Spiess also discuss the realities of ESG (Environmental, Social, Governance) in today’s marketplace.
Both Stansberry and Spiess agree that the ESG Economy is already here and there’s a short window to grab ahold of the narrative before industry becomes reactive.
Spiess opines that right now the ESG Economy is on the 1 yard line with 99 yards to go. Except it’s only in the first quarter and the referees have yet to announce the rules or bring the ball out to the field, but, the game has already started because companies, countries and economies are already being impacted.
The interview also dives into what energy companies should be looking at for next year. Robotics, artificial intelligence and regulations are just a few of the topics of conversation in the exclusive interview from Oklahoma.
The OK Oil & Gas EXPO the largest event of its kind in Oklahoma and is the only one organized and hosted by local industry volunteers. More than 3,800 attendees gathered at the Expo to network, learn and make connections.
Anyone interested in more info on the next OK Oil & Gas EXPO can contact Melanie Voice at MVoice@SOEROK.com
Stansberry is a corporate leader with extensive experience in the energy industry. He is currently a strategic energy and corporate advisor to boards and c-suites. He has served as Chairman/CEO of The GTD Group, and CEO/President of The Oklahoma Royalty Company.
An award-winning film producer, columnist, radio talk show host and writer, Mark is the author of five energy-related books. Mark is a frequent speaker in the oil & gas space – focusing on business development, strategic planning, new technologies, digital transformation and operational excellence within the entire energy sector.
Stansberry has testified before the US Senate Energy and Natural Resources Committee and other Mexico, Japan, and Bulgaria. Domestically, he has led energy projects in over twenty states and in several energy sectors, including upstream, midstream, and downstream of the oil and gas energy sector.
Stansberry landed his first job in the Oklahoma energy industry in 1977 as a landman for an oil and gas properties company headquartered in his original hometown of Elk City, OK. He co-founded a petroleum land management company, focusing on the Anadarko Basin of western Oklahoma. In 1988, he founded The Oklahoma Royalty Company, an acquisition, mergers and divestitures firm, and served as its CEO/president.
In 1991, Stansberry co-authored his first book, an energy industry handbook called “The Acquisition Process and Due Diligence: Minimize Risk/Maximize Return!” His second book, “The Braking Point: America’s Energy Dreams and Global Economic Realities,” was released in 2008, sparking a public speaking tour of universities and international energy conferences.
Stansberry has devoted part of five decades of his career to serving in higher education, most notably as chairman of boards of regents, advisory board member, and adjunct professor while staying actively involved in corporate leadership which includes energy, banking, real estate development and international trade.
As a higher education leader, Stansberry has worked directly with over twenty university presidents as a member of university boards. He has been appointed by three Oklahoma State Governors to the Board of Regents. He has served four terms including Chairman of the Board of Regents of University of Science and Arts of Oklahoma (USAO) and Chairman of the Board of Regents of the Regional University System of Oklahoma (RUSO).
Under his RUSO chairmanship, Stansberry led the efforts to adopt a dashboard to track the efficiency of 27 key benchmarks. This dashboard has been instrumental in providing leadership with up-to-date and accurate information to assist university leaders in making more effective decisions.
Stansberry has served as an adjunct professor on advisory boards for institutions including Pepperdine University, Harding University, University of Oklahoma (OU), Oklahoma State University (OSU), Southeastern Oklahoma State University, University of Tulsa and has served on a university foundation’s board of trustees.
Additionally, Stansberry has served on numerous presidential search and selection committees and has chaired numerous public and private board committees. Stansberry has completed the Directors’ College at Stanford University Law School and the directors’ program at Rice University. He has served as a member of the Institute of Corporate Governance at the University of Texas at Dallas.
Most recently Stansberry received the University of Central Oklahoma’s highest honor, The Order of the Clock Tower. Stansberry is a graduate of Oklahoma Christian University, where he is currently serving as Life Trustee.
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MineralTracker is the only mineral management software that allows mineral owners to compare actual royalty payments to expected payments based on well performance and a proprietary, Bakken-specific reservoir model built by MineralTracker’s petroleum engineers.
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