November 25, 2025 • 33 mins
Rigzone CEO Chad Norville joins Michael Berry to break down the future of American energy—jobs, technology, and the big changes shaping the oil and gas industry.
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Speaker 1 (00:03):
It's that time, time, Time, Time, Luck and load.
Speaker 2 (00:10):
Michael Varry Show is.
Speaker 3 (00:12):
On the air. I talked about this a couple of
weeks ago, and I don't know how. I guess I
didn't go deep enough into it, but I knew it
was only a matter of time, and so did you.
Speaker 2 (00:31):
We all knew.
Speaker 3 (00:33):
When the Democrats and the mainstream media started to promote
drag queens. You knew what was coming next. Drag queens
everywhere because it sort of induces others. It becomes, in
an odd way, a bandwagon effect. Now you may say
to yourself, I don't understand that, because it doesn't make
(00:54):
me want to be a drag queen. But it was
never intended to appeal to you. It was intended to
appeal to a certain amount of a certain type of person.
So when tattoos became more commonplace, it was a rebel
thing to do. It's a crazy thing to do, it
was it was a it was a rebellion and it
(01:15):
showed that you were different. And so people would get
tattoos as a way of making a statement, piss off
mom and dad.
Speaker 2 (01:22):
And when you saw them, you knew that's.
Speaker 3 (01:24):
A person that doesn't care what you think, and it's
it's as much a uniform as any other uniform. But
that's what it was until everybody started getting tattoos. It
got to the point where people in their seventies are
getting tattoos. Little ladies are getting tatoos because their granddaughter
(01:44):
comes home from college says, Grandma, let's go get a tattoo.
You and me, we'll get it on our ankle. It'll
be a butterfly. All right, maybe I'll do Your grandmother
do anything for the grandkids, you know that. And so
now you walk into a tattoo parlor and there's grandma
over there, sweet as she can be. He's been voting
Republicans since Eisenhower, and she's getting a tattoo. So they
had to go right, they ruined it for us. It's
(02:06):
like hipsters. It's very much like hipsters. It's like hipsters who.
Speaker 2 (02:13):
You know.
Speaker 3 (02:13):
They they want the hot new thing, the craft beer,
or this brand of clothing, or vacationing in this particular place.
And then when the normies do it, when the rest
of us do it, it ruins it. Or if you have teenagers,
your teenagers will use words that are teen vocabulary jargon,
(02:35):
and so what you do is you learn about it
and you throw it in real casually as if you
think you're super cool, and they hear it, and it,
I mean, destroys that term for them. And in my
house like dad, no, no, But what will happen is
Michael or Crockett one or the other, whichever one reacts
(02:57):
the most harshly to it, which is usually Michael t
my old crocodile.
Speaker 4 (03:01):
Go.
Speaker 2 (03:02):
I gotta tell you that props. You did use it, right,
I mean you did, you did actually use it right,
I mean, I gotta give you credit. You did so.
Speaker 3 (03:10):
Anyway, So when the when normalizing the drag queens became
the deal, it started making more popular drag queens reading
to kids in school. They didn't they didn't just want
to be left alone and not beaten up. See that
was the originals. It always starts there, leave them alone,
they're victims of crime. Okay, leave them alone, don't pick
(03:31):
on them. Okay, they're coming to read to your kid
in school.
Speaker 2 (03:34):
Whoa, whoa. That escalated quickly.
Speaker 3 (03:37):
Drag Queen's Story Hour in the public library turned into
drag Queen's Story Hour in the school. And you were
a bigot if you balked at it. Okay, I'm a
bigot if that's what that means, because that's no place
for that. Then they put pornography in the school library.
Then they said that we wanted to ban books, and
(03:58):
so the FBI started investigating parents that went to school
board meetings to protest, bullying them, intimidating them gestapo tactics
exactly what it is, no different. We call them groomers
because that's what they are. They're grooming young children so
that they can be objects of their sexual enjoyment.
Speaker 2 (04:17):
It's sick and it's real. That's what pedophiles do, and.
Speaker 3 (04:23):
That's why it's so important for all these people to
do what they do in the school. They don't want
to be left alone. Used to they'd say, just leave
us alone and leave our life. We're just like you.
Speaker 2 (04:33):
We just want to be left alone. They don't want
to be left alone anymore.
Speaker 3 (04:35):
Now they want to come and smeirit in your face,
and they want to dare you to have a problem
with it so that they can destroy you. That's their goal.
You have to fight back in the same way they're fighting. Well,
we now have liberal white women, which is the source
of most problems in this country in academia trying to
tell us that pedophilia is a sexual orientation.
Speaker 2 (04:57):
Listen to this.
Speaker 5 (04:59):
Most of us show the comfort when we think about pedophiles.
Speaker 2 (05:04):
But just like pedophiles, we.
Speaker 5 (05:07):
Are not responsible for our feelings.
Speaker 2 (05:10):
We do not choose.
Speaker 5 (05:11):
Them, but we are responsible for our actions, and we
must make a decision. It is in our responsibility to
reflect and to overcome our negative feelings about pedophiles and
to treat them with the same respect we treat other
people with. We should accept that pedophiles are people who
(05:36):
have not chosen their sexuality and who, unlike most of us,
will never be able to live it out freely.
Speaker 2 (05:44):
If they want to lead an.
Speaker 5 (05:45):
Upright life, we should accept that pedophilia is a sexual preference.
Speaker 4 (05:52):
Statistics indicate that there will be one or two of
you who are struggling with some form of pedophilic interest.
These people can't talk about their feelings because they know
that they will be hated for it. I truly do
believe that every person is longing for love at some
point in their life.
Speaker 2 (06:11):
And what if this.
Speaker 4 (06:12):
Love that you really wish for will forever be impossible.
That must be a really lonely situation to be in. Yes,
from an emotional point of view, I can kind of
understand that you would want to eliminate these people from society. However,
it doesn't make sense, and that's because we're talking about biology.
(06:35):
We're talking about a sexual orientation, something that we simply
cannot change.
Speaker 2 (06:42):
And on top of.
Speaker 4 (06:43):
That, every day new people are born with the same difficulty.
So it's not practical to eliminate these people from society.
Speaker 2 (06:51):
They haven't done anything wrong.
Speaker 3 (06:54):
This should not be a surprise. How many high profile
people flew to epstein Oule. Nobody made them. They didn't
arrive and find out later. I had no idea what
was going to happen. These people wanted to do this.
They're being protected. There is a powerful cabal protecting them,
and I think by the way blackmailing them. Joe Biden
(07:17):
had been smelling the hair of young girls for a
long time. His daughter wrote in her diary, which has
now been verified she.
Speaker 2 (07:23):
Did write it.
Speaker 3 (07:23):
It is her diary that he would shower with her
when she was a teenager and it was creepy and
she wished he would stop. Do you know any other
grown men who get button naked? In the shower with
their teenage daughter. Honestly, and a guy that already has it,
has a whole history.
Speaker 2 (07:41):
But he's not the only creature.
Speaker 6 (07:44):
Jo Georgia's sweat comes to the phar Sess g Graus asperplexed.
Speaker 7 (08:02):
Drug with his.
Speaker 6 (08:06):
He's got orders from the middle schools from where to Mexico.
Speaker 2 (08:21):
It's Tracy Bird.
Speaker 1 (08:22):
Hey, y'all, if you drink, don't drive, do the watermelon
crawl and listen to the TSAR talk my buddy Michael Berry.
Speaker 3 (08:31):
So as you know, we don't just talk politics on
the Michael Berry Show. We talk all sorts of things.
And I love to talk to business owners, business leaders.
See how they arrived where they are in their career,
See what decisions they're making today, See what they're what
data they're getting, what what trends they're seeing that the
rest of us don't see. And most of what we
(08:52):
know of what happens in the corporate boardroom, in the
in the companies on the warehouse floor is what is
reported by the media. And we know from politics that
that's not always accurate. So I like to go straight
to the source. Oracle is a has a product called
NetSuite that is for C level executives, and they have
the cfo's Guide to AI and Machine Learning that you
(09:15):
can get at NetSuite dot com, Forward slash Berry. They
love our business stories and we're going to be doing
more of them NetSuite dot com Forward slash Berr. It's
netsweet by Oracle, and what it allows you to do
is make decisions faster, whether you're looking to buy a company,
sell a division of your company, you need to close
out your books, and it's taking months to do that
(09:35):
Quickbrooks work for you, and then your company grew and
we know how important AI is today.
Speaker 2 (09:41):
We know how important it is to get data fast.
Speaker 3 (09:44):
NetSuite dot com Forward slash Berry for the cfo's Guide
to AI and Machine Learning and find out why over
forty one thousand businesses Ramon have upgraded to Netsweet by
Oracle netsweet dot com, Forward slash Berry. So I thought
what we'd do because I'm fascinated, as you, you know,
by the energy industry, and we talk about it a lot.
A lot of you send me emails from the oil patch,
(10:05):
whether you're on an offshore platform or you're in downtown
Houston in the c suite of your own company. Talking
about the energy industry and insights, and I thought, well,
who better than Rigzone, which is a a at the
at the uh, what's the term? I'm looking for, the
pivot point, the bullpen, you know, the pictures mound of
(10:28):
what's going on in in energy. So Chad Norville their CEO, CFO,
c HO, He's everything Ramon, he has every title, he
makes a lot of money. He agreed to be our guest,
and I'm honored that he did.
Speaker 7 (10:41):
Chad.
Speaker 1 (10:44):
I thought you you didn't have to mention the money.
Speaker 3 (10:46):
I mean, do I have to do I have to
call you mister Norville?
Speaker 2 (10:49):
Or can I call you Chad?
Speaker 7 (10:51):
Chatt? Please?
Speaker 2 (10:52):
Do you have a secretary because people don't have secretaries anymore.
Speaker 7 (10:55):
No, I don't have a secretary.
Speaker 2 (10:57):
You have an assistance?
Speaker 7 (10:59):
I well, no I don't. Actually I don't have an assistant.
Speaker 2 (11:02):
You don't have anything?
Speaker 3 (11:04):
Nope, Man, I have an assistant and I'm nobody.
Speaker 7 (11:09):
Wow, you're a little more than that. I think.
Speaker 2 (11:10):
Does anybody at the company refer to you as mister Norville?
Be honest, No, they don't do. Y'all have a mail runner?
Speaker 4 (11:18):
No?
Speaker 3 (11:18):
Do you have anything that you used to have When
I started off in business in the early nineties.
Speaker 7 (11:23):
No, it's technical, it's all.
Speaker 1 (11:25):
It's all email and and shot. We we have a
massive email system. Actually that has taken the place we
send There were thirty million emails a month.
Speaker 2 (11:33):
Well, I know what.
Speaker 3 (11:33):
That's not as interesting as knowing like if I go
to your kitchen on your what floor of what floor
are you on in your in your office building?
Speaker 7 (11:40):
We're on the top floor and soft floor.
Speaker 2 (11:41):
Oh you heard that? Oh he's kind of does suddenly
drop that? In what building?
Speaker 5 (11:45):
Is it?
Speaker 7 (11:47):
Uh? Run two ninety?
Speaker 2 (11:49):
Okay?
Speaker 3 (11:50):
If I go into the kitchen, there is there a
vending machine or a coke machine? And is the stuff
free to employees or do I have to pay for it?
Speaker 1 (11:59):
It's true we have cokes and sodas and what I'm seeing.
Speaker 3 (12:02):
Jet, Can I tell you a quick story before we
get into this chat. Norville is the CEO of rig
zone dot com. By the way, So when I was
a college student, I had a classmate who was a
little older than me and named Carl Barris. And Carl
was a genius. He was graduating from the University of
Houston Engineering school. And let's just say I wasn't an
engineering very very technically Smart Individual high IQ full scholarship
(12:24):
hold deal and he was interning and then he had
just accepted a job at Compact Computers.
Speaker 2 (12:30):
Rod Canyon was the CEO at the time.
Speaker 3 (12:32):
And he gave my wife and I a tour of
their campus and he had a fob keeps. The first
time I ever saw it was the old white crown
castle looked like a credit card and he swiped. He
wore it around his neck, around the lanyard and he
swiped it. Now, I don't know how old you are,
but in nineteen eighty nine or ninety this was a
big deal. And we went in in the highlight of
(12:53):
our tour. We were poor college kids. Was he took
us to the kitchen, the employee kitchen, and he goes,
you want to and I don't have any money.
Speaker 2 (13:02):
It's free.
Speaker 3 (13:03):
And I pulled out a cup and I put it
under the coke machine and there was like you could
make a suicide.
Speaker 2 (13:07):
We call him a suicide.
Speaker 3 (13:08):
When I was a kid, you could put coke and
doctor pepper and it was free in Chad.
Speaker 2 (13:12):
To this day, I still think about that. So I'm
happy to hear y'all give away free cokes.
Speaker 1 (13:16):
Yeah, It's amazing that things along your path that really
still stand out. I worked at IBM for a while
and I went up to Armant, which is their headquarters
outside of New York City, and was just blown away
by the legacy, the breadth of the campus. You know,
I've been out to California and seeing the Oracle and
all of these massive campuses and just seeing IBM annoying
(13:37):
the legacy.
Speaker 2 (13:38):
Then listen, I'm not paying you because you mentioned Oracle
in there.
Speaker 3 (13:41):
If you thought that was a little drop you were
going to do and send me an invoice, I'm not
doing it.
Speaker 7 (13:46):
Noah, I heard you mention orcle on that swe So
if I had.
Speaker 3 (13:48):
Told you when I so politely, I guess emily asked
you to do it. But if when I asked you
to have a discussion, not an interview, a discussion with me,
and I told you that the first five minutes I
was going to talk about stupid stuff, would you reconsidered
to be honest? I would not have no down there. So, uh,
how did you end up at rig Zone? Let's start there,
and then I want to get into the energy industry.
Speaker 1 (14:09):
Well, I actually was that ID I'd worked for AH
and t for a while.
Speaker 7 (14:13):
You know what.
Speaker 1 (14:13):
Initially, my my family is oil and gas to the core.
My grandfather worked at Shell for thirty years and retired
in Dear Park. My other grandfather was a local union
president pie fitter in the pipe fitters union.
Speaker 7 (14:25):
So I grew up with it. So out of school,
I thought, I started getting into computers and programming a
little bit. And you know, the oil and gas was
in the in the in the.
Speaker 1 (14:33):
Blood, so I thought I'd maybe do a little programming
in learn some oll and gas skills.
Speaker 7 (14:39):
So I started going to school.
Speaker 1 (14:40):
I played soccer at first in college, and then I
transferred back.
Speaker 7 (14:43):
To u h C.
Speaker 2 (14:44):
Very dude, that's a big deal. Any collegiate do was it?
D one?
Speaker 3 (14:49):
Uh?
Speaker 7 (14:49):
It was No, it was in Ai. This was in
the mid nineties.
Speaker 2 (14:53):
Who college soccer.
Speaker 7 (14:56):
It was in Iowa. It was a school in Sussity
called West Warna University.
Speaker 2 (15:01):
Well that's still cool school.
Speaker 7 (15:03):
Yeah.
Speaker 1 (15:04):
The soccer team was amazing that way. Had six all
Americans and our coach was the coach of the sus
City Breeze, which was the professional league before MLS.
Speaker 2 (15:12):
So yeah, fantastic. Were you all American?
Speaker 7 (15:16):
No?
Speaker 2 (15:17):
No, everybody was all but.
Speaker 1 (15:18):
You, well, I was a fullback marking back.
Speaker 3 (15:25):
Okay, my son plays I played high school soccer and
he is a center midfielder. I didn't go up playing soccer,
So I have to repeat that to myself so I
remember it because I've had to learn a whole new
vernacular that I did not already know, and it doesn't
come naturally. You know, you kind of you absorb things
(15:45):
about football, whether you played it or not, or baseball
or basketball because it's just part of our lingo. But
soccer is for an American kid, especially in Southeast TeX's
not something that you would have known already whole.
Speaker 2 (15:55):
With me for just a moment. Chad Norville is the
grand puba of.
Speaker 3 (15:59):
Riggs dot com, and we're going to talk about the
energy industry and what's going on. And I got to
tell you, whether you're in Tulsa, Oklahoma, Louisiana, Mississippi, from
a lot of Florida, Texas and beyond, this is going
to be a big part of our economy and it's
roaring back.
Speaker 2 (16:14):
I hope that's what he's going to say of the
world as.
Speaker 7 (16:18):
We know it.
Speaker 3 (16:20):
Michael Berry Ends of the World, nine mill five.
Speaker 2 (16:27):
Chad Norville is our guest.
Speaker 3 (16:28):
He is the CEO of rigzone dot com and as
as we look at what's going to happen in the economy,
and that means jobs, that means uh spending, that means optimism.
It's liberation Day as of January twentieth, As our president said,
the energy industry is going to be a big part
not just for where I live, but of the country's resurgence.
(16:51):
And I wanted to go to the source, and that's
Chadnorvil at rigzone dot com to tell us what is
happening in the industry, what are you seeing and what
do you foresee in the coming years, And.
Speaker 2 (16:59):
I'll hang up and listen.
Speaker 7 (17:02):
Yeah, of course, so unleashed American energy. Right.
Speaker 1 (17:06):
It's been a fascinating week, to say the least. We
have an editorial team and I talked to editor on
Friday and he's icing his hands because he's typing so much.
Speaker 7 (17:16):
In the last week.
Speaker 1 (17:17):
There's been so many traumatic changes. These executive orders have
unleased a lot of potential. There's really some fascinating things
that are going to help our industry, and I think
a couple of them, you know, removing the ban on
exports of LG is critical and we'll have a very
quick impact. That was pretty shocking last year whenever Diviiden administration.
Speaker 3 (17:40):
Singly over night chat. I've talked about that, but let
me interrupt you. Some people know exactly what you're talking about.
And of course Mike Johnson told the story the other
day about that. But why don't you explain that to
people that don't know and how big a deal that is?
Speaker 1 (17:55):
Yeah, So you know, certain areas of our country, the
Marcella Shell, for instance, it's massive.
Speaker 7 (18:02):
For natural gas. That's the you know, largest portion of
what they do there.
Speaker 1 (18:06):
A lot of the fully integrated you know, the drillers.
Everyone produces gas in addition to oil. Every all gets
the focus old prices. Natural gas is a key component
to our industry, very important. It's very important to national security.
Our allies rely on it, especially with what's going on
in Ukraine. You know, Europe got a lot of their
(18:27):
natural gas from Russia. Uh So, whenever Biden's administration did
this last year, it you know, it imperiled our allies.
That imperiled our national security and ability to help our
allies and you know, support our national interests. So in
addition to the the heart that it inflicted on all
the companies, you know, from all up and down the chain,
(18:49):
from the full multinational fully integrated down to you know,
the smaller independence.
Speaker 7 (18:56):
So it was a pretty massive shockwave.
Speaker 1 (19:00):
Across the industry whenever he did that last year. I
think it had a pretty detrimental effect. We saw it
last year. I think that was one of the things
that really had a pretty negative impact on the industry
last year. And we saw it with our job fairs
that we do and all of the key locations you know,
start dwindling, and you know, the needs for employees, you know,
starts waning. I think that had a pretty significant impact
(19:21):
on it. And not to mention it's not just our
allies and national security you know deficits, you know, with
with other countries that those deficits are reduced whenever we
have significant natural gas you know, flowing out exporting it
from the United States, So that doesn't get talked about much,
but there's an impact there as well.
Speaker 7 (19:40):
So yeah, it was dramatic, shocking when he did it.
Speaker 1 (19:43):
I don't think it got played up near as much
as it should have, but you know, I know Rick
Perry said that that was one of the things that
he was most excited about.
Speaker 7 (19:51):
I couldn't agree more.
Speaker 3 (19:53):
Yeah, it's it's kind of interesting because your industry energy
from you know, oil rigs is where we get the
Rigzone dot Com, which is kind of at the center
of the energy industry, and you're sort of a stock
exchange of information for people interested in that sector of
the economy, which it's so big, and yet there is
(20:15):
so little talk about it. I mean, I guess you know,
you'll hear a reference to what the price of gas
is at the pump, but there's so much more to
it than that, and it's surprising that we don't hear
more about that.
Speaker 2 (20:29):
So let's pivot to where we are. Now, what are
you seeing?
Speaker 3 (20:33):
What are you hearing is already happening, if anything, as
a result of the Trump administration and just as importantly
not being the Biden administration.
Speaker 7 (20:43):
Yeah, So we.
Speaker 1 (20:45):
Have two different angles in which we gather information. Right,
we have our editorial team, which you know focuses almost
exclusively on oil and gas in our industry. We talked to,
you know, all of the largest players in the analyst side,
so you know, Commodities Research at City Grew, Parentage Foundation,
American Enterprise Institute Rice Commodities research heads at you know,
(21:08):
all the large institutions. You know, we're on the regular
basis talking to these folks, getting their analysis, hearing you
know what research their teams are putting together and telling
clients and large industrial investors. So you know, we get
that side, and we get you know, a pretty broad
macro oriented view.
Speaker 2 (21:25):
Then you know, we work.
Speaker 1 (21:27):
With all the largest national old companies. You know, over
the last ten years, we worked in nearly all of them,
ninety nine percent of them drilling contractors, serving all the
big service companies, all the way down those like I said,
the small companies. We do advertising and recruitment services for those,
you know, all all up and down the chains. So
we get their insights too, and we're working with them
(21:48):
on job fulfillment, right, We're trying to place candidates for them, professionals,
you know, get them out in the ole field.
Speaker 7 (21:53):
Or in the past.
Speaker 1 (21:54):
So we're getting both sides, and so first and foremost,
both of them are saying, you know, being a lotterally
good or universally that this unleashed American energy and all
of the I think it was six pretty broad executive
orders of the forty six but Trump issued or an
overwhelming too for our industry. It's fantastic, you know. And
(22:17):
it's not just everyone focuses on public lands and drilling,
and that's important and useful, but it's more of reducing
the strain on regulatory impacts.
Speaker 7 (22:29):
For us trying to get permitting.
Speaker 2 (22:31):
That's important.
Speaker 3 (22:32):
And what kind of regulatory handcuffs do we see that
you would if I made you king for a day
and you had no political pressures and no greeny whenies
protesting outside of your house, what would be some of
the low hanging fruit that you'd say, Man, if Trump
will just do this, we'll see what We'll see hiring resume,
We'll see drilling resume, we'll see refining resume.
Speaker 1 (22:54):
I think just the time to get a permit in
and of itself it increased significantly under the Biden administration.
That's almost a year now just to get a standard
permit that in and of itself, and that is something
that they're focused on streamlining the permitting process in and
of itself, that singular will be very beneficial.
Speaker 3 (23:14):
You know what's so fun about that? Chad Norville as
our guest. He's the CEO of rigzone dot com. Is
you see this in real estate. You see communities like
Denver where they seemingly California, where they don't want you
to build, and the way they do it is they
simply slow roll, drag their feet on on permits and
(23:35):
so you start, you got borrowing costs, or even if
you're paying cash, you got money tied up. When you
lock down a property and you can't begin to start
breaking ground for a year or two, that's money lost
on that that has to be recouped on the back end.
Speaker 2 (23:51):
Well, I didn't even think about it. But in your business,
that's the same thing.
Speaker 3 (23:54):
If you can't if you can't begin to drill or
whatever that aspect of the energy industry you are, that's
a cost that's being passed on to the rest of us.
It's jobs that are not being fulfilled. Who's hiring right
now or is it the independence is the big boys?
Speaker 2 (24:08):
Is it everybody?
Speaker 1 (24:10):
Yes, so everyone's hiring, but you know it's not picking up.
Speaker 7 (24:13):
Significantly right now.
Speaker 3 (24:14):
We're seeing a lot of the big places and I'm sorry,
my clock management is worse than less miles. We'll continue
our conversation with Chad Norvil on who's hiring right now?
Of rigzone dot com all your energy do. They remain
scared to death of you, and they remain scared.
Speaker 2 (24:30):
To death of Trump. To Michael Barry, shows you're not
going anywhere even if Trump does.
Speaker 5 (24:35):
You're not.
Speaker 3 (24:38):
Chad Norvile is our guest. He is the CEO of
rigzone dot com. And if you don't know, I'm sure
you do. It is a marketplace of information about the
energy industry. It is also, to my knowledge, he'll correct
me if I'm wrong, the largest job placement entity for
people in the energy industry. When people are hiring or
(24:58):
looking for a job in the energy industry, they go
to rigzone dot com. Are y'all the biggest in the
in the space.
Speaker 1 (25:05):
Yes, we're the largest. We're the largest for jobs and
news for the ol and gas industry.
Speaker 3 (25:09):
Well, okay, so tell me about you were about to say,
who's hiring, and particularly who's hiring. That's a marginal difference
from what we saw six months ago. Who's beginning to
hire a new or increasing their hiring.
Speaker 7 (25:22):
Yeah.
Speaker 1 (25:22):
So I think in general, what we're hearing from the
medium to the larger sized firms is that they're expecting
a relatively flat twenty twenty five relative to twenty twenty four.
Like I said, there's a lot of optimism in the marketplace,
but there are headwinds, you know.
Speaker 7 (25:39):
Like I told you earlier.
Speaker 1 (25:42):
The Trump administration is looking to reduce some of the
red tape for permitting and whatnot, but there are other
things that have happened that are going to provide legal
challenges to that. Last year of the Supreme Court put
an end to the Chevron defense. That's pretty challenging because
it's going to allow some used to if if there
(26:02):
was some uncor uncertainty and a law or principle, then
the courts would refer to some administrative agency. Now that's
not the case to themore, that would have been very
beneficial under Trump's Unleased American Energy UH.
Speaker 7 (26:14):
Policy a JATA.
Speaker 1 (26:16):
That's not the case necessarily anymore.
Speaker 7 (26:18):
So there may be legal challenges there.
Speaker 1 (26:20):
So I feel like the discussions we're having is kind
of a wait and see approach. But you know, caustiously
optimistic h that's what we're hearing from the larger producers,
the medium and smallers. We're hearing more optimism, uh, you know,
more near term optimism by hiring uh fast tracking projects,
you know, get permits.
Speaker 7 (26:39):
Doing different things abut nature. So as far as who's.
Speaker 1 (26:42):
Hiring, that's what we're seeing in you know, and it's
you know, we operate worldwide, it's different geographically.
Speaker 7 (26:48):
I'm talking about just the United States.
Speaker 1 (26:50):
So we're seeing we do job fares and all the
key oil and gas markets, you know, Texas, obviously, Houston, Midland,
we do some in La Fia for Louisi, of we
do some in North Dakota and in Pennsylvania from Marcellas.
So what we're seeing is a lot of tech roles,
filled operations types of roles. Those are the things that
(27:11):
I've been seeing and I'm still seeing with the duffas
that we're putting together now and who we're talking to.
You go on rig zone and find a patrol.
Speaker 7 (27:17):
Engineer, mechanical, let's go engineer. You know, see physical roles.
Those are always there, but we see large changes as
the cycles change.
Speaker 1 (27:27):
Right, we saw things during the pandemic, for instance, it
went to a lot of white collar office roles.
Speaker 7 (27:32):
Now we're seeing a lot of tech.
Speaker 1 (27:33):
Roles, so field service technicians I and E technicians, that's
instrumentation and electrical mechanics. Those are the types of roles
right now, we're seeing a lot a lot of instrumentation,
a lot of electrical, a lot of valve technicians. Those
types of field roles are the things that we're listening
the most right now, and I'm not seeing any changing
that yet, although, like I said, we talked to some
(27:55):
fairly large players that are not signing up for our
job fas right now but looking to do, you know,
signing up for three or four months down the road.
So it feels like there is the wait and see
kind of how how are the tariffs going to play out?
You know, there's so many positives. Like I said, there's
so many uh you know, really three things coming out
of the Family's American energy policy. But at the same time,
(28:16):
there are headwinds potentially out there that you know, when
it comes to the massive capital expenditures that some of
these companies are responsible for, you know, through risks are
potentially reduced, but there's other risks and new variables coming
into play. Twenty five percent tariffs on Canada and Mexico.
That would be interesting, right And those people that pull up,
you know, have access to the first strings and pull
(28:37):
those strings at these large companies, you know, billion dollar
projects and more. They have to be cautious and see
what those impacts are. What is old price going to
be At the end of the day, it's still supply
demand and geopolitics. The jazz our industry price is king
and this it's not like it was ten years ago.
You know, ten years ago in the real heyday, we
(28:57):
had three times the amount of rigs and the vent
says they do now or more. It was all about supply.
You know, demand was stable and growing and are we
going to be able to make meat supply? Now it
has turned on its head and it's about demand. China's
fallen away. You know, they're uh touch about real estate.
Speaker 7 (29:15):
There's lost state.
Speaker 1 (29:16):
Debacle has really buffled their economy and so their demand
is off. But there are a lot of emerging markets.
Demand is not going anywhere. The oil and gas industry
is not going anywhere. You know, we're fortunate we have
some renewables and such. Just so oil isn't one hundred
and twenty dollars a barrel.
Speaker 2 (29:33):
Frankly, Yeah, it's uh, it's fascinating. Do you watch LAMB Man?
Speaker 7 (29:39):
I haven't I have the whole season recorded. I haven't
had the It's been a.
Speaker 1 (29:42):
Busy start of the year, but we're going out to
Midland for a job for the next week, and some
of our colleagues out there that we work with have
insisted that I watched it before.
Speaker 7 (29:50):
Come, so it may be on the agenda this week.
Speaker 2 (29:53):
Okay.
Speaker 3 (29:53):
I have to warn you because a lot of people
in your industry hate it because it's not one h
undred percent exact, and I go, look, I watch movies
about courtroom lawyers, and I don't go, that's not really
what it's like because it would ruin it. Right, cops
will tell you that's not really what it's like. So
it may that you may have too much information, but
(30:13):
I will tell you. After sling Blade his finest role,
and after Friday Night Lights his second finest role. This
is my third favorite role by Billy Bob Thornton, and
he is so darn good in this role.
Speaker 2 (30:27):
It's just it's amazing. He's he just nails it.
Speaker 3 (30:30):
I have so many relatives that he reminds me of,
Like you wouldn't believe check let me ask you a question.
I didn't want to interrupt you, which is hard for
me because I'm an interrupted. Chet Norvil is the CEO
of rig zone dot com. You mentioned that the job
that a lot of the jobs that are available now
are in instrumentation. And I know a little about the industry,
(30:51):
and I know that my wife was at Olpaso Energy,
and you know, twenty five years ago they were using
technology to open and close valves, which was why Y
two Q was so important to what they were doing.
But when you look at the role of AI, which
scares people today, how fast do you think AI is
(31:15):
going to, if at all, is going to replace the
jobs of people who are reading, calibrating, doing workovers, tear down,
they're doing things that relate to the instrumentation and the
importance of that instrumentation. How much in how fast do
(31:36):
you think that's going to affect that.
Speaker 1 (31:40):
I think it will affect it, but I think it's
just going to change the mechanisms in which you work
and operate. And I've seen that in what I do.
You know, we've released some AI tools onto our website
as well here in the last two weeks. Actually we've
been working on them for a year. They all benefit
the recruiters in the industry. You know, salary information, Go
(32:02):
ask for some salary information on Rigson's new AI Riggs
on GPT chatbot and see what you.
Speaker 7 (32:06):
Get from Its fascinating.
Speaker 5 (32:09):
Uh.
Speaker 1 (32:09):
You know, we have looked at a bunch of different
cover letters over the years, you know, did qualitative maintenance
on them and found the ones that we thought were
most accurate and the recruiters would appreciate the outline how
our work history would apply most directly to a job.
And we trained the model an AI model, and now
(32:31):
we're leveraging that model for our candidates and the recruiters
because it's going to highlight for them more effectively and efficiently.
You know what that candidate is bringing to the table.
That's live for free now for candidates, and what our
recruiters get whenever they sign up on rig Zone.
Speaker 7 (32:45):
So I'm fully embracing it. I'm more productive now.
Speaker 2 (32:49):
Glen Garry, Glenn Ross ABC. Always be closing.
Speaker 3 (32:52):
Dude, you throwing the website in there, you're throwing in
what y'all do?
Speaker 2 (32:56):
I mean? It's impressive? Hold with me.
Speaker 3 (32:58):
Chad Norville is the CEO of Rigson dot com and
obviously did I mention he's chief sales officer too. Ramon
you you you could appreciate that he doesn't go it's
Tramone and do stupid ding.
Speaker 2 (33:08):
He just kind of eases it in there. Hold on
It's that time, time, Time, Time, Luck and load.
Speaker 2 (00:10):
Michael Varry Show is.
Speaker 3 (00:12):
On the air. I talked about this a couple of
weeks ago, and I don't know how. I guess I
didn't go deep enough into it, but I knew it
was only a matter of time, and so did you.
Speaker 2 (00:31):
We all knew.
Speaker 3 (00:33):
When the Democrats and the mainstream media started to promote
drag queens. You knew what was coming next. Drag queens
everywhere because it sort of induces others. It becomes, in
an odd way, a bandwagon effect. Now you may say
to yourself, I don't understand that, because it doesn't make
(00:54):
me want to be a drag queen. But it was
never intended to appeal to you. It was intended to
appeal to a certain amount of a certain type of person.
So when tattoos became more commonplace, it was a rebel
thing to do. It's a crazy thing to do, it
was it was a it was a rebellion and it
(01:15):
showed that you were different. And so people would get
tattoos as a way of making a statement, piss off
mom and dad.
Speaker 2 (01:22):
And when you saw them, you knew that's.
Speaker 3 (01:24):
A person that doesn't care what you think, and it's
it's as much a uniform as any other uniform. But
that's what it was until everybody started getting tattoos. It
got to the point where people in their seventies are
getting tattoos. Little ladies are getting tatoos because their granddaughter
(01:44):
comes home from college says, Grandma, let's go get a tattoo.
You and me, we'll get it on our ankle. It'll
be a butterfly. All right, maybe I'll do Your grandmother
do anything for the grandkids, you know that. And so
now you walk into a tattoo parlor and there's grandma
over there, sweet as she can be. He's been voting
Republicans since Eisenhower, and she's getting a tattoo. So they
had to go right, they ruined it for us. It's
(02:06):
like hipsters. It's very much like hipsters. It's like hipsters who.
Speaker 2 (02:13):
You know.
Speaker 3 (02:13):
They they want the hot new thing, the craft beer,
or this brand of clothing, or vacationing in this particular place.
And then when the normies do it, when the rest
of us do it, it ruins it. Or if you have teenagers,
your teenagers will use words that are teen vocabulary jargon,
(02:35):
and so what you do is you learn about it
and you throw it in real casually as if you
think you're super cool, and they hear it, and it,
I mean, destroys that term for them. And in my
house like dad, no, no, But what will happen is
Michael or Crockett one or the other, whichever one reacts
(02:57):
the most harshly to it, which is usually Michael t
my old crocodile.
Speaker 4 (03:01):
Go.
Speaker 2 (03:02):
I gotta tell you that props. You did use it, right,
I mean you did, you did actually use it right,
I mean, I gotta give you credit. You did so.
Speaker 3 (03:10):
Anyway, So when the when normalizing the drag queens became
the deal, it started making more popular drag queens reading
to kids in school. They didn't they didn't just want
to be left alone and not beaten up. See that
was the originals. It always starts there, leave them alone,
they're victims of crime. Okay, leave them alone, don't pick
(03:31):
on them. Okay, they're coming to read to your kid
in school.
Speaker 2 (03:34):
Whoa, whoa. That escalated quickly.
Speaker 3 (03:37):
Drag Queen's Story Hour in the public library turned into
drag Queen's Story Hour in the school. And you were
a bigot if you balked at it. Okay, I'm a
bigot if that's what that means, because that's no place
for that. Then they put pornography in the school library.
Then they said that we wanted to ban books, and
(03:58):
so the FBI started investigating parents that went to school
board meetings to protest, bullying them, intimidating them gestapo tactics
exactly what it is, no different. We call them groomers
because that's what they are. They're grooming young children so
that they can be objects of their sexual enjoyment.
Speaker 2 (04:17):
It's sick and it's real. That's what pedophiles do, and.
Speaker 3 (04:23):
That's why it's so important for all these people to
do what they do in the school. They don't want
to be left alone. Used to they'd say, just leave
us alone and leave our life. We're just like you.
Speaker 2 (04:33):
We just want to be left alone. They don't want
to be left alone anymore.
Speaker 3 (04:35):
Now they want to come and smeirit in your face,
and they want to dare you to have a problem
with it so that they can destroy you. That's their goal.
You have to fight back in the same way they're fighting. Well,
we now have liberal white women, which is the source
of most problems in this country in academia trying to
tell us that pedophilia is a sexual orientation.
Speaker 2 (04:57):
Listen to this.
Speaker 5 (04:59):
Most of us show the comfort when we think about pedophiles.
Speaker 2 (05:04):
But just like pedophiles, we.
Speaker 5 (05:07):
Are not responsible for our feelings.
Speaker 2 (05:10):
We do not choose.
Speaker 5 (05:11):
Them, but we are responsible for our actions, and we
must make a decision. It is in our responsibility to
reflect and to overcome our negative feelings about pedophiles and
to treat them with the same respect we treat other
people with. We should accept that pedophiles are people who
(05:36):
have not chosen their sexuality and who, unlike most of us,
will never be able to live it out freely.
Speaker 2 (05:44):
If they want to lead an.
Speaker 5 (05:45):
Upright life, we should accept that pedophilia is a sexual preference.
Speaker 4 (05:52):
Statistics indicate that there will be one or two of
you who are struggling with some form of pedophilic interest.
These people can't talk about their feelings because they know
that they will be hated for it. I truly do
believe that every person is longing for love at some
point in their life.
Speaker 2 (06:11):
And what if this.
Speaker 4 (06:12):
Love that you really wish for will forever be impossible.
That must be a really lonely situation to be in. Yes,
from an emotional point of view, I can kind of
understand that you would want to eliminate these people from society. However,
it doesn't make sense, and that's because we're talking about biology.
(06:35):
We're talking about a sexual orientation, something that we simply
cannot change.
Speaker 2 (06:42):
And on top of.
Speaker 4 (06:43):
That, every day new people are born with the same difficulty.
So it's not practical to eliminate these people from society.
Speaker 2 (06:51):
They haven't done anything wrong.
Speaker 3 (06:54):
This should not be a surprise. How many high profile
people flew to epstein Oule. Nobody made them. They didn't
arrive and find out later. I had no idea what
was going to happen. These people wanted to do this.
They're being protected. There is a powerful cabal protecting them,
and I think by the way blackmailing them. Joe Biden
(07:17):
had been smelling the hair of young girls for a
long time. His daughter wrote in her diary, which has
now been verified she.
Speaker 2 (07:23):
Did write it.
Speaker 3 (07:23):
It is her diary that he would shower with her
when she was a teenager and it was creepy and
she wished he would stop. Do you know any other
grown men who get button naked? In the shower with
their teenage daughter. Honestly, and a guy that already has it,
has a whole history.
Speaker 2 (07:41):
But he's not the only creature.
Speaker 6 (07:44):
Jo Georgia's sweat comes to the phar Sess g Graus asperplexed.
Speaker 7 (08:02):
Drug with his.
Speaker 6 (08:06):
He's got orders from the middle schools from where to Mexico.
Speaker 2 (08:21):
It's Tracy Bird.
Speaker 1 (08:22):
Hey, y'all, if you drink, don't drive, do the watermelon
crawl and listen to the TSAR talk my buddy Michael Berry.
Speaker 3 (08:31):
So as you know, we don't just talk politics on
the Michael Berry Show. We talk all sorts of things.
And I love to talk to business owners, business leaders.
See how they arrived where they are in their career,
See what decisions they're making today, See what they're what
data they're getting, what what trends they're seeing that the
rest of us don't see. And most of what we
(08:52):
know of what happens in the corporate boardroom, in the
in the companies on the warehouse floor is what is
reported by the media. And we know from politics that
that's not always accurate. So I like to go straight
to the source. Oracle is a has a product called
NetSuite that is for C level executives, and they have
the cfo's Guide to AI and Machine Learning that you
(09:15):
can get at NetSuite dot com, Forward slash Berry. They
love our business stories and we're going to be doing
more of them NetSuite dot com Forward slash Berr. It's
netsweet by Oracle, and what it allows you to do
is make decisions faster, whether you're looking to buy a company,
sell a division of your company, you need to close
out your books, and it's taking months to do that
(09:35):
Quickbrooks work for you, and then your company grew and
we know how important AI is today.
Speaker 2 (09:41):
We know how important it is to get data fast.
Speaker 3 (09:44):
NetSuite dot com Forward slash Berry for the cfo's Guide
to AI and Machine Learning and find out why over
forty one thousand businesses Ramon have upgraded to Netsweet by
Oracle netsweet dot com, Forward slash Berry. So I thought
what we'd do because I'm fascinated, as you, you know,
by the energy industry, and we talk about it a lot.
A lot of you send me emails from the oil patch,
(10:05):
whether you're on an offshore platform or you're in downtown
Houston in the c suite of your own company. Talking
about the energy industry and insights, and I thought, well,
who better than Rigzone, which is a a at the
at the uh, what's the term? I'm looking for, the
pivot point, the bullpen, you know, the pictures mound of
(10:28):
what's going on in in energy. So Chad Norville their CEO, CFO,
c HO, He's everything Ramon, he has every title, he
makes a lot of money. He agreed to be our guest,
and I'm honored that he did.
Speaker 7 (10:41):
Chad.
Speaker 1 (10:44):
I thought you you didn't have to mention the money.
Speaker 3 (10:46):
I mean, do I have to do I have to
call you mister Norville?
Speaker 2 (10:49):
Or can I call you Chad?
Speaker 7 (10:51):
Chatt? Please?
Speaker 2 (10:52):
Do you have a secretary because people don't have secretaries anymore.
Speaker 7 (10:55):
No, I don't have a secretary.
Speaker 2 (10:57):
You have an assistance?
Speaker 7 (10:59):
I well, no I don't. Actually I don't have an assistant.
Speaker 2 (11:02):
You don't have anything?
Speaker 3 (11:04):
Nope, Man, I have an assistant and I'm nobody.
Speaker 7 (11:09):
Wow, you're a little more than that. I think.
Speaker 2 (11:10):
Does anybody at the company refer to you as mister Norville?
Be honest, No, they don't do. Y'all have a mail runner?
Speaker 4 (11:18):
No?
Speaker 3 (11:18):
Do you have anything that you used to have When
I started off in business in the early nineties.
Speaker 7 (11:23):
No, it's technical, it's all.
Speaker 1 (11:25):
It's all email and and shot. We we have a
massive email system. Actually that has taken the place we
send There were thirty million emails a month.
Speaker 2 (11:33):
Well, I know what.
Speaker 3 (11:33):
That's not as interesting as knowing like if I go
to your kitchen on your what floor of what floor
are you on in your in your office building?
Speaker 7 (11:40):
We're on the top floor and soft floor.
Speaker 2 (11:41):
Oh you heard that? Oh he's kind of does suddenly
drop that? In what building?
Speaker 5 (11:45):
Is it?
Speaker 7 (11:47):
Uh? Run two ninety?
Speaker 2 (11:49):
Okay?
Speaker 3 (11:50):
If I go into the kitchen, there is there a
vending machine or a coke machine? And is the stuff
free to employees or do I have to pay for it?
Speaker 1 (11:59):
It's true we have cokes and sodas and what I'm seeing.
Speaker 3 (12:02):
Jet, Can I tell you a quick story before we
get into this chat. Norville is the CEO of rig
zone dot com. By the way, So when I was
a college student, I had a classmate who was a
little older than me and named Carl Barris. And Carl
was a genius. He was graduating from the University of
Houston Engineering school. And let's just say I wasn't an
engineering very very technically Smart Individual high IQ full scholarship
(12:24):
hold deal and he was interning and then he had
just accepted a job at Compact Computers.
Speaker 2 (12:30):
Rod Canyon was the CEO at the time.
Speaker 3 (12:32):
And he gave my wife and I a tour of
their campus and he had a fob keeps. The first
time I ever saw it was the old white crown
castle looked like a credit card and he swiped. He
wore it around his neck, around the lanyard and he
swiped it. Now, I don't know how old you are,
but in nineteen eighty nine or ninety this was a
big deal. And we went in in the highlight of
(12:53):
our tour. We were poor college kids. Was he took
us to the kitchen, the employee kitchen, and he goes,
you want to and I don't have any money.
Speaker 2 (13:02):
It's free.
Speaker 3 (13:03):
And I pulled out a cup and I put it
under the coke machine and there was like you could
make a suicide.
Speaker 2 (13:07):
We call him a suicide.
Speaker 3 (13:08):
When I was a kid, you could put coke and
doctor pepper and it was free in Chad.
Speaker 2 (13:12):
To this day, I still think about that. So I'm
happy to hear y'all give away free cokes.
Speaker 1 (13:16):
Yeah, It's amazing that things along your path that really
still stand out. I worked at IBM for a while
and I went up to Armant, which is their headquarters
outside of New York City, and was just blown away
by the legacy, the breadth of the campus. You know,
I've been out to California and seeing the Oracle and
all of these massive campuses and just seeing IBM annoying
(13:37):
the legacy.
Speaker 2 (13:38):
Then listen, I'm not paying you because you mentioned Oracle
in there.
Speaker 3 (13:41):
If you thought that was a little drop you were
going to do and send me an invoice, I'm not
doing it.
Speaker 7 (13:46):
Noah, I heard you mention orcle on that swe So
if I had.
Speaker 3 (13:48):
Told you when I so politely, I guess emily asked
you to do it. But if when I asked you
to have a discussion, not an interview, a discussion with me,
and I told you that the first five minutes I
was going to talk about stupid stuff, would you reconsidered
to be honest? I would not have no down there. So, uh,
how did you end up at rig Zone? Let's start there,
and then I want to get into the energy industry.
Speaker 1 (14:09):
Well, I actually was that ID I'd worked for AH
and t for a while.
Speaker 7 (14:13):
You know what.
Speaker 1 (14:13):
Initially, my my family is oil and gas to the core.
My grandfather worked at Shell for thirty years and retired
in Dear Park. My other grandfather was a local union
president pie fitter in the pipe fitters union.
Speaker 7 (14:25):
So I grew up with it. So out of school,
I thought, I started getting into computers and programming a
little bit. And you know, the oil and gas was
in the in the in the.
Speaker 1 (14:33):
Blood, so I thought I'd maybe do a little programming
in learn some oll and gas skills.
Speaker 7 (14:39):
So I started going to school.
Speaker 1 (14:40):
I played soccer at first in college, and then I
transferred back.
Speaker 7 (14:43):
To u h C.
Speaker 2 (14:44):
Very dude, that's a big deal. Any collegiate do was it?
D one?
Speaker 3 (14:49):
Uh?
Speaker 7 (14:49):
It was No, it was in Ai. This was in
the mid nineties.
Speaker 2 (14:53):
Who college soccer.
Speaker 7 (14:56):
It was in Iowa. It was a school in Sussity
called West Warna University.
Speaker 2 (15:01):
Well that's still cool school.
Speaker 7 (15:03):
Yeah.
Speaker 1 (15:04):
The soccer team was amazing that way. Had six all
Americans and our coach was the coach of the sus
City Breeze, which was the professional league before MLS.
Speaker 2 (15:12):
So yeah, fantastic. Were you all American?
Speaker 7 (15:16):
No?
Speaker 2 (15:17):
No, everybody was all but.
Speaker 1 (15:18):
You, well, I was a fullback marking back.
Speaker 3 (15:25):
Okay, my son plays I played high school soccer and
he is a center midfielder. I didn't go up playing soccer,
So I have to repeat that to myself so I
remember it because I've had to learn a whole new
vernacular that I did not already know, and it doesn't
come naturally. You know, you kind of you absorb things
(15:45):
about football, whether you played it or not, or baseball
or basketball because it's just part of our lingo. But
soccer is for an American kid, especially in Southeast TeX's
not something that you would have known already whole.
Speaker 2 (15:55):
With me for just a moment. Chad Norville is the
grand puba of.
Speaker 3 (15:59):
Riggs dot com, and we're going to talk about the
energy industry and what's going on. And I got to
tell you, whether you're in Tulsa, Oklahoma, Louisiana, Mississippi, from
a lot of Florida, Texas and beyond, this is going
to be a big part of our economy and it's
roaring back.
Speaker 2 (16:14):
I hope that's what he's going to say of the
world as.
Speaker 7 (16:18):
We know it.
Speaker 3 (16:20):
Michael Berry Ends of the World, nine mill five.
Speaker 2 (16:27):
Chad Norville is our guest.
Speaker 3 (16:28):
He is the CEO of rigzone dot com and as
as we look at what's going to happen in the economy,
and that means jobs, that means uh spending, that means optimism.
It's liberation Day as of January twentieth, As our president said,
the energy industry is going to be a big part
not just for where I live, but of the country's resurgence.
(16:51):
And I wanted to go to the source, and that's
Chadnorvil at rigzone dot com to tell us what is
happening in the industry, what are you seeing and what
do you foresee in the coming years, And.
Speaker 2 (16:59):
I'll hang up and listen.
Speaker 7 (17:02):
Yeah, of course, so unleashed American energy. Right.
Speaker 1 (17:06):
It's been a fascinating week, to say the least. We
have an editorial team and I talked to editor on
Friday and he's icing his hands because he's typing so much.
Speaker 7 (17:16):
In the last week.
Speaker 1 (17:17):
There's been so many traumatic changes. These executive orders have
unleased a lot of potential. There's really some fascinating things
that are going to help our industry, and I think
a couple of them, you know, removing the ban on
exports of LG is critical and we'll have a very
quick impact. That was pretty shocking last year whenever Diviiden administration.
Speaker 3 (17:40):
Singly over night chat. I've talked about that, but let
me interrupt you. Some people know exactly what you're talking about.
And of course Mike Johnson told the story the other
day about that. But why don't you explain that to
people that don't know and how big a deal that is?
Speaker 1 (17:55):
Yeah, So you know, certain areas of our country, the
Marcella Shell, for instance, it's massive.
Speaker 7 (18:02):
For natural gas. That's the you know, largest portion of
what they do there.
Speaker 1 (18:06):
A lot of the fully integrated you know, the drillers.
Everyone produces gas in addition to oil. Every all gets
the focus old prices. Natural gas is a key component
to our industry, very important. It's very important to national security.
Our allies rely on it, especially with what's going on
in Ukraine. You know, Europe got a lot of their
(18:27):
natural gas from Russia. Uh So, whenever Biden's administration did
this last year, it you know, it imperiled our allies.
That imperiled our national security and ability to help our
allies and you know, support our national interests. So in
addition to the the heart that it inflicted on all
the companies, you know, from all up and down the chain,
(18:49):
from the full multinational fully integrated down to you know,
the smaller independence.
Speaker 7 (18:56):
So it was a pretty massive shockwave.
Speaker 1 (19:00):
Across the industry whenever he did that last year. I
think it had a pretty detrimental effect. We saw it
last year. I think that was one of the things
that really had a pretty negative impact on the industry
last year. And we saw it with our job fairs
that we do and all of the key locations you know,
start dwindling, and you know, the needs for employees, you know,
starts waning. I think that had a pretty significant impact
(19:21):
on it. And not to mention it's not just our
allies and national security you know deficits, you know, with
with other countries that those deficits are reduced whenever we
have significant natural gas you know, flowing out exporting it
from the United States, So that doesn't get talked about much,
but there's an impact there as well.
Speaker 7 (19:40):
So yeah, it was dramatic, shocking when he did it.
Speaker 1 (19:43):
I don't think it got played up near as much
as it should have, but you know, I know Rick
Perry said that that was one of the things that
he was most excited about.
Speaker 7 (19:51):
I couldn't agree more.
Speaker 3 (19:53):
Yeah, it's it's kind of interesting because your industry energy
from you know, oil rigs is where we get the
Rigzone dot Com, which is kind of at the center
of the energy industry, and you're sort of a stock
exchange of information for people interested in that sector of
the economy, which it's so big, and yet there is
(20:15):
so little talk about it. I mean, I guess you know,
you'll hear a reference to what the price of gas
is at the pump, but there's so much more to
it than that, and it's surprising that we don't hear
more about that.
Speaker 2 (20:29):
So let's pivot to where we are. Now, what are
you seeing?
Speaker 3 (20:33):
What are you hearing is already happening, if anything, as
a result of the Trump administration and just as importantly
not being the Biden administration.
Speaker 7 (20:43):
Yeah, So we.
Speaker 1 (20:45):
Have two different angles in which we gather information. Right,
we have our editorial team, which you know focuses almost
exclusively on oil and gas in our industry. We talked to,
you know, all of the largest players in the analyst side,
so you know, Commodities Research at City Grew, Parentage Foundation,
American Enterprise Institute Rice Commodities research heads at you know,
(21:08):
all the large institutions. You know, we're on the regular
basis talking to these folks, getting their analysis, hearing you
know what research their teams are putting together and telling
clients and large industrial investors. So you know, we get
that side, and we get you know, a pretty broad
macro oriented view.
Speaker 2 (21:25):
Then you know, we work.
Speaker 1 (21:27):
With all the largest national old companies. You know, over
the last ten years, we worked in nearly all of them,
ninety nine percent of them drilling contractors, serving all the
big service companies, all the way down those like I said,
the small companies. We do advertising and recruitment services for those,
you know, all all up and down the chains. So
we get their insights too, and we're working with them
(21:48):
on job fulfillment, right, We're trying to place candidates for them, professionals,
you know, get them out in the ole field.
Speaker 7 (21:53):
Or in the past.
Speaker 1 (21:54):
So we're getting both sides, and so first and foremost,
both of them are saying, you know, being a lotterally
good or universally that this unleashed American energy and all
of the I think it was six pretty broad executive
orders of the forty six but Trump issued or an
overwhelming too for our industry. It's fantastic, you know. And
(22:17):
it's not just everyone focuses on public lands and drilling,
and that's important and useful, but it's more of reducing
the strain on regulatory impacts.
Speaker 7 (22:29):
For us trying to get permitting.
Speaker 2 (22:31):
That's important.
Speaker 3 (22:32):
And what kind of regulatory handcuffs do we see that
you would if I made you king for a day
and you had no political pressures and no greeny whenies
protesting outside of your house, what would be some of
the low hanging fruit that you'd say, Man, if Trump
will just do this, we'll see what We'll see hiring resume,
We'll see drilling resume, we'll see refining resume.
Speaker 1 (22:54):
I think just the time to get a permit in
and of itself it increased significantly under the Biden administration.
That's almost a year now just to get a standard
permit that in and of itself, and that is something
that they're focused on streamlining the permitting process in and
of itself, that singular will be very beneficial.
Speaker 3 (23:14):
You know what's so fun about that? Chad Norville as
our guest. He's the CEO of rigzone dot com. Is
you see this in real estate. You see communities like
Denver where they seemingly California, where they don't want you
to build, and the way they do it is they
simply slow roll, drag their feet on on permits and
(23:35):
so you start, you got borrowing costs, or even if
you're paying cash, you got money tied up. When you
lock down a property and you can't begin to start
breaking ground for a year or two, that's money lost
on that that has to be recouped on the back end.
Speaker 2 (23:51):
Well, I didn't even think about it. But in your business,
that's the same thing.
Speaker 3 (23:54):
If you can't if you can't begin to drill or
whatever that aspect of the energy industry you are, that's
a cost that's being passed on to the rest of us.
It's jobs that are not being fulfilled. Who's hiring right
now or is it the independence is the big boys?
Speaker 2 (24:08):
Is it everybody?
Speaker 1 (24:10):
Yes, so everyone's hiring, but you know it's not picking up.
Speaker 7 (24:13):
Significantly right now.
Speaker 3 (24:14):
We're seeing a lot of the big places and I'm sorry,
my clock management is worse than less miles. We'll continue
our conversation with Chad Norvil on who's hiring right now?
Of rigzone dot com all your energy do. They remain
scared to death of you, and they remain scared.
Speaker 2 (24:30):
To death of Trump. To Michael Barry, shows you're not
going anywhere even if Trump does.
Speaker 5 (24:35):
You're not.
Speaker 3 (24:38):
Chad Norvile is our guest. He is the CEO of
rigzone dot com. And if you don't know, I'm sure
you do. It is a marketplace of information about the
energy industry. It is also, to my knowledge, he'll correct
me if I'm wrong, the largest job placement entity for
people in the energy industry. When people are hiring or
(24:58):
looking for a job in the energy industry, they go
to rigzone dot com. Are y'all the biggest in the
in the space.
Speaker 1 (25:05):
Yes, we're the largest. We're the largest for jobs and
news for the ol and gas industry.
Speaker 3 (25:09):
Well, okay, so tell me about you were about to say,
who's hiring, and particularly who's hiring. That's a marginal difference
from what we saw six months ago. Who's beginning to
hire a new or increasing their hiring.
Speaker 7 (25:22):
Yeah.
Speaker 1 (25:22):
So I think in general, what we're hearing from the
medium to the larger sized firms is that they're expecting
a relatively flat twenty twenty five relative to twenty twenty four.
Like I said, there's a lot of optimism in the marketplace,
but there are headwinds, you know.
Speaker 7 (25:39):
Like I told you earlier.
Speaker 1 (25:42):
The Trump administration is looking to reduce some of the
red tape for permitting and whatnot, but there are other
things that have happened that are going to provide legal
challenges to that. Last year of the Supreme Court put
an end to the Chevron defense. That's pretty challenging because
it's going to allow some used to if if there
(26:02):
was some uncor uncertainty and a law or principle, then
the courts would refer to some administrative agency. Now that's
not the case to themore, that would have been very
beneficial under Trump's Unleased American Energy UH.
Speaker 7 (26:14):
Policy a JATA.
Speaker 1 (26:16):
That's not the case necessarily anymore.
Speaker 7 (26:18):
So there may be legal challenges there.
Speaker 1 (26:20):
So I feel like the discussions we're having is kind
of a wait and see approach. But you know, caustiously
optimistic h that's what we're hearing from the larger producers,
the medium and smallers. We're hearing more optimism, uh, you know,
more near term optimism by hiring uh fast tracking projects,
you know, get permits.
Speaker 7 (26:39):
Doing different things abut nature. So as far as who's.
Speaker 1 (26:42):
Hiring, that's what we're seeing in you know, and it's
you know, we operate worldwide, it's different geographically.
Speaker 7 (26:48):
I'm talking about just the United States.
Speaker 1 (26:50):
So we're seeing we do job fares and all the
key oil and gas markets, you know, Texas, obviously, Houston, Midland,
we do some in La Fia for Louisi, of we
do some in North Dakota and in Pennsylvania from Marcellas.
So what we're seeing is a lot of tech roles,
filled operations types of roles. Those are the things that
(27:11):
I've been seeing and I'm still seeing with the duffas
that we're putting together now and who we're talking to.
You go on rig zone and find a patrol.
Speaker 7 (27:17):
Engineer, mechanical, let's go engineer. You know, see physical roles.
Those are always there, but we see large changes as
the cycles change.
Speaker 1 (27:27):
Right, we saw things during the pandemic, for instance, it
went to a lot of white collar office roles.
Speaker 7 (27:32):
Now we're seeing a lot of tech.
Speaker 1 (27:33):
Roles, so field service technicians I and E technicians, that's
instrumentation and electrical mechanics. Those are the types of roles
right now, we're seeing a lot a lot of instrumentation,
a lot of electrical, a lot of valve technicians. Those
types of field roles are the things that we're listening
the most right now, and I'm not seeing any changing
that yet, although, like I said, we talked to some
(27:55):
fairly large players that are not signing up for our
job fas right now but looking to do, you know,
signing up for three or four months down the road.
So it feels like there is the wait and see
kind of how how are the tariffs going to play out?
You know, there's so many positives. Like I said, there's
so many uh you know, really three things coming out
of the Family's American energy policy. But at the same time,
(28:16):
there are headwinds potentially out there that you know, when
it comes to the massive capital expenditures that some of
these companies are responsible for, you know, through risks are
potentially reduced, but there's other risks and new variables coming
into play. Twenty five percent tariffs on Canada and Mexico.
That would be interesting, right And those people that pull up,
you know, have access to the first strings and pull
(28:37):
those strings at these large companies, you know, billion dollar
projects and more. They have to be cautious and see
what those impacts are. What is old price going to
be At the end of the day, it's still supply
demand and geopolitics. The jazz our industry price is king
and this it's not like it was ten years ago.
You know, ten years ago in the real heyday, we
(28:57):
had three times the amount of rigs and the vent
says they do now or more. It was all about supply.
You know, demand was stable and growing and are we
going to be able to make meat supply? Now it
has turned on its head and it's about demand. China's
fallen away. You know, they're uh touch about real estate.
Speaker 7 (29:15):
There's lost state.
Speaker 1 (29:16):
Debacle has really buffled their economy and so their demand
is off. But there are a lot of emerging markets.
Demand is not going anywhere. The oil and gas industry
is not going anywhere. You know, we're fortunate we have
some renewables and such. Just so oil isn't one hundred
and twenty dollars a barrel.
Speaker 2 (29:33):
Frankly, Yeah, it's uh, it's fascinating. Do you watch LAMB Man?
Speaker 7 (29:39):
I haven't I have the whole season recorded. I haven't
had the It's been a.
Speaker 1 (29:42):
Busy start of the year, but we're going out to
Midland for a job for the next week, and some
of our colleagues out there that we work with have
insisted that I watched it before.
Speaker 7 (29:50):
Come, so it may be on the agenda this week.
Speaker 2 (29:53):
Okay.
Speaker 3 (29:53):
I have to warn you because a lot of people
in your industry hate it because it's not one h
undred percent exact, and I go, look, I watch movies
about courtroom lawyers, and I don't go, that's not really
what it's like because it would ruin it. Right, cops
will tell you that's not really what it's like. So
it may that you may have too much information, but
(30:13):
I will tell you. After sling Blade his finest role,
and after Friday Night Lights his second finest role. This
is my third favorite role by Billy Bob Thornton, and
he is so darn good in this role.
Speaker 2 (30:27):
It's just it's amazing. He's he just nails it.
Speaker 3 (30:30):
I have so many relatives that he reminds me of,
Like you wouldn't believe check let me ask you a question.
I didn't want to interrupt you, which is hard for
me because I'm an interrupted. Chet Norvil is the CEO
of rig zone dot com. You mentioned that the job
that a lot of the jobs that are available now
are in instrumentation. And I know a little about the industry,
(30:51):
and I know that my wife was at Olpaso Energy,
and you know, twenty five years ago they were using
technology to open and close valves, which was why Y
two Q was so important to what they were doing.
But when you look at the role of AI, which
scares people today, how fast do you think AI is
(31:15):
going to, if at all, is going to replace the
jobs of people who are reading, calibrating, doing workovers, tear down,
they're doing things that relate to the instrumentation and the
importance of that instrumentation. How much in how fast do
(31:36):
you think that's going to affect that.
Speaker 1 (31:40):
I think it will affect it, but I think it's
just going to change the mechanisms in which you work
and operate. And I've seen that in what I do.
You know, we've released some AI tools onto our website
as well here in the last two weeks. Actually we've
been working on them for a year. They all benefit
the recruiters in the industry. You know, salary information, Go
(32:02):
ask for some salary information on Rigson's new AI Riggs
on GPT chatbot and see what you.
Speaker 7 (32:06):
Get from Its fascinating.
Speaker 5 (32:09):
Uh.
Speaker 1 (32:09):
You know, we have looked at a bunch of different
cover letters over the years, you know, did qualitative maintenance
on them and found the ones that we thought were
most accurate and the recruiters would appreciate the outline how
our work history would apply most directly to a job.
And we trained the model an AI model, and now
(32:31):
we're leveraging that model for our candidates and the recruiters
because it's going to highlight for them more effectively and efficiently.
You know what that candidate is bringing to the table.
That's live for free now for candidates, and what our
recruiters get whenever they sign up on rig Zone.
Speaker 7 (32:45):
So I'm fully embracing it. I'm more productive now.
Speaker 2 (32:49):
Glen Garry, Glenn Ross ABC. Always be closing.
Speaker 3 (32:52):
Dude, you throwing the website in there, you're throwing in
what y'all do?
Speaker 2 (32:56):
I mean? It's impressive? Hold with me.
Speaker 3 (32:58):
Chad Norville is the CEO of Rigson dot com and
obviously did I mention he's chief sales officer too. Ramon
you you you could appreciate that he doesn't go it's
Tramone and do stupid ding.
Speaker 2 (33:08):
He just kind of eases it in there. Hold on
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