tag:blogger.com,1999:blog-203302732024-03-19T02:48:44.039-06:00Welcome to People, Ideas & ObjectsOUR PRELIMINARY SPECIFICATION REVOLUTIONIZES SHALE PROFITABILITY WITH AN INNOVATIVE BUSINESS MODEL. SUPPORTING THE JOINT OPERATING COMMITTEE, WE OPTIMIZE OIL AND GAS OPERATIONS FOR MAXIMUM PROFIT AND EFFICIENCY. OUR APPROACH ENSURES ACCOUNTABLE AND PROFITABLE NORTH AMERICAN ENERGY INDEPENDENCE, LEVERAGING OIL AND GAS VALUE UP TO 25,000 MAN-HOURS PER BOE. WE HAVE THE EXPERTISE TO GENERATE SUSTAINABLE PROFITABILITY IN THE OIL AND GAS SECTOR.Paul Coxhttp://www.blogger.com/profile/18311415353913869734noreply@blogger.comBlogger3351125tag:blogger.com,1999:blog-20330273.post-39839143047887254872024-03-18T05:30:00.024-06:002024-03-18T05:30:00.142-06:00These Are Not the Leaders We're Looking For, Part IX IntroductionNorth American producer firms need to ask themselves how they’ll address the issues present in their business. How will they reestablish a basis of building value throughout the greater oil & gas economy. People, Ideas & Objects Preliminary Specification provides oil & gas producers with the most profitable means of oil & gas operations, everywhere and always. Paul Coxhttp://www.blogger.com/profile/18311415353913869734noreply@blogger.com0tag:blogger.com,1999:blog-20330273.post-72689040453052897812024-03-14T05:30:00.035-06:002024-03-14T05:30:00.137-06:00These Are Not the Leaders We're Looking For, Part VIII People, Ideas & Objects has always expressed the need to undertake a deliberate long term rehabilitation of natural gas prices. When prices are diminished from 6 to 1 to greater than 50 to 1, serious damage is reflected in that market. There are structural, organizational and cultural constraints that need to be purposely addressed and resolved in order to return it to the heating valuePaul Coxhttp://www.blogger.com/profile/18311415353913869734noreply@blogger.com0tag:blogger.com,1999:blog-20330273.post-87100928726966867352024-03-13T05:30:00.017-06:002024-03-13T05:30:00.241-06:00These Are Not the Leaders We're Looking For, Part VII People, Ideas & Objects believe finding the motivation to address long-term challenges is one of the most pressing issues for oil and gas producer officers and directors. This assumes they decide to stay and are given the opportunity to make significant changes in the industry. I may not be fully aware of the greater oil & gas economic state. What I do see outside of People, Ideas &Paul Coxhttp://www.blogger.com/profile/18311415353913869734noreply@blogger.com0tag:blogger.com,1999:blog-20330273.post-84115683061092325532024-03-11T05:30:00.035-06:002024-03-11T05:30:00.143-06:00These Are Not the Leaders We're Looking For, Part VI Bloomberg’s Javier Blas wrote in an article on Thursday March 7, 2024, entitled “When the Fix for Lower Commodity Prices Isn't Low Prices.” He discusses how low nickel and natural gas prices are no longer affected by this principle, due to some fundamental changes in the costs' makeup in those markets. It’s an interesting read for the changes that have occurred in the nickel market. I wouldPaul Coxhttp://www.blogger.com/profile/18311415353913869734noreply@blogger.com0tag:blogger.com,1999:blog-20330273.post-47494015192597131672024-03-08T05:30:00.028-07:002024-03-08T05:30:00.134-07:00These Are Not the Leaders We're Looking For, Part V People, Ideas & Objects have been in somewhat of the same situation we find ourselves in today. Where producer officers and directors appear as though they need to act in order to mitigate the personal risks they’ve incurred in their willful misconduct over the past many decades. This is best represented by the 2007 to current natural gas price differentials creating a documented $4 Paul Coxhttp://www.blogger.com/profile/18311415353913869734noreply@blogger.com0tag:blogger.com,1999:blog-20330273.post-70232049084992913422024-03-06T05:30:00.021-07:002024-03-07T11:02:11.758-07:00These Are Not the Leaders We're Looking For, Part IV The question we need to ask ourselves is why do officers and directors believe People, Ideas & Objects glow radioactive? Why is there such a strong adverse reaction to the combination of 'real' and 'profits'? Shouldn't generating 'real' profitability, which would provide more cash, align with their interests? There’s no question it’s the case, why has it not happened? And if they are soPaul Coxhttp://www.blogger.com/profile/18311415353913869734noreply@blogger.com0tag:blogger.com,1999:blog-20330273.post-23394739147661534792024-03-04T05:30:00.020-07:002024-03-07T11:02:39.831-07:00These Are Not the Leaders We're Looking For, Part III The technical infrastructure and the disintermediation of the oil & gas industry's complexity highlight fundamental issues. The business competitiveness, which officers and directors have chosen to ignore, will soon become wholly unattainable. The state of the North American industry in terms of its ability to approach the most difficult challenges it has ever faced in its history. The Paul Coxhttp://www.blogger.com/profile/18311415353913869734noreply@blogger.com0tag:blogger.com,1999:blog-20330273.post-16319643934204873292024-03-01T05:30:00.010-07:002024-03-07T11:02:51.934-07:00These Are Not the Leaders We're Looking For, Part IIIt seemed that the goodwill extended to producer officers and directors during the 2008 financial crisis had been fully extended. Yet, surprisingly, they received numerous additional opportunities to rectify their underlying issues. The industry's culture, heavily influenced by a 'muddle through' approach, has rendered follow-through impossible, effectively stifling initiative. Regression to the Paul Coxhttp://www.blogger.com/profile/18311415353913869734noreply@blogger.com0tag:blogger.com,1999:blog-20330273.post-13758784242016733742024-02-28T05:30:00.010-07:002024-03-07T11:03:06.553-07:00These Are Not the Leaders We're Looking For, Part I People, Ideas & Objects highlight the urgent need for officers and directors to make decisive actions regarding their roles in their oil & gas producer firms. This week, we announced the second phase of our campaign, focusing primarily on the removal of these officers and directors. Their actions have demonstrated a lack of qualification and capability to meet their positional Paul Coxhttp://www.blogger.com/profile/18311415353913869734noreply@blogger.com0tag:blogger.com,1999:blog-20330273.post-320746257512473282024-02-26T05:30:00.023-07:002024-03-07T11:03:18.685-07:00Announcing Phase II of Our Campaign People, Ideas & Objects' Declaration of Victory last Wednesday was timely and appropriate. However, I am fully aware of the potential challenges that may now begin in earnest. Experience has taught us that it is sometimes prudent to view oil and gas officers and directors primarily as advocates of public relations. Issuing press releases to a receptive media one day does not resolve thePaul Coxhttp://www.blogger.com/profile/18311415353913869734noreply@blogger.com0tag:blogger.com,1999:blog-20330273.post-2266093260295361162024-02-22T05:30:00.040-07:002024-03-07T11:03:30.056-07:00Reviewed & Revised Profitable Production Rights, Part III New Growth TheoryAmong the seven Organizational Constructs outlined in the Preliminary Specification, New Growth Theory plays a pivotal role. It aims to lower the overhead costs linked to oil and gas exploration and production by facilitating the sharing of administration and accounting services. This initiative is executed through People, Ideas & Objects, alongside our user community Paul Coxhttp://www.blogger.com/profile/18311415353913869734noreply@blogger.com0tag:blogger.com,1999:blog-20330273.post-55445663121183477252024-02-21T16:39:00.000-07:002024-03-07T11:03:40.814-07:00Smell's Like Victory to MeThe oil & gas industry has long been marred by systemic issues, leading to unprecedented losses—764 trillion cubic feet (TCF) of natural gas undervalued for a staggering $4 trillion loss between 2007 and 2024 stemming from their distorted price structure. This chronic overproduction, tracing back to the significant oil price decline of July 1986, has not only impacted North American producersPaul Coxhttp://www.blogger.com/profile/18311415353913869734noreply@blogger.com0tag:blogger.com,1999:blog-20330273.post-27918284904324812792024-02-21T05:30:00.034-07:002024-03-07T11:03:55.868-07:00Reviewed and Revised Profitable Production Rights, Part II Issues Involved in Profitable Production Rights LicensesAn Inconsistent Software Architecture to What’s ApprovedPeople, Ideas & Objects now hold commercial rights to Paul Cox’s Intellectual Property, marking a significant issue for the traditional officers and directors in the oil & gas sector. Historically, these stakeholders have neither accepted nor recognized IP, fearing that Paul Coxhttp://www.blogger.com/profile/18311415353913869734noreply@blogger.com0tag:blogger.com,1999:blog-20330273.post-35980804825762850822024-02-20T05:30:00.072-07:002024-03-07T11:04:05.139-07:00Reviewed & Revised Profitable Production Rights, Part I We have concluded our campaign aimed at bringing to light the adverse consequences inflicted upon the oil & gas sector due to the Willful Misconduct of its officers and directors. We extend our gratitude for their cooperation, which has contributed to a significant shift in the natural gas price structure from 24.82 times the oil price on October 11, 2023, to a record high of 49.41 Paul Coxhttp://www.blogger.com/profile/18311415353913869734noreply@blogger.com0tag:blogger.com,1999:blog-20330273.post-84522366590992599042024-02-16T14:00:00.002-07:002024-03-07T11:04:19.917-07:00Disappointment, but no Surprise Launching a campaign to highlight the lack of production discipline in natural gas pricing couldn't have been more timely, given the recent fluctuations observed over the past few months. Prices have dramatically dropped from $3.34 (24.83 to 1) on October 11, 2023—the day the LNG issue was introduced on this blog—to $1.611 at market close today. The U.S. Energy Information Agency recently Paul Coxhttp://www.blogger.com/profile/18311415353913869734noreply@blogger.com0tag:blogger.com,1999:blog-20330273.post-27817258131551754062024-02-16T08:30:00.007-07:002024-03-07T11:04:32.706-07:00Hours, not Days People, Ideas & Objects have set a precedent, demonstrating that producer officers and directors may deliberate on an innovative idea for a product or service for upwards of 33 years, effectively squandering trillions of dollars of other people's resources. When confronted with undeniable evidence of their inaction, they seem to require guidance to make the correct decisions. As of now, the Paul Coxhttp://www.blogger.com/profile/18311415353913869734noreply@blogger.com0tag:blogger.com,1999:blog-20330273.post-25458505758340193702024-02-16T05:30:00.009-07:002024-03-07T11:04:46.946-07:00Software Can Fix That In an intriguing observation by Victor Davis Hanson, a Stanford PhD and Fellow at the Hoover Institute, he notes on his podcast, "The Victor Davis Hanson Show," around the 49:11 mark of “Looking for the Next President” episode. Discussing how societies historically have faltered when knowledge fails to be transmitted from one generation to the next. Citing examples from Rome, Byzantium, thePaul Coxhttp://www.blogger.com/profile/18311415353913869734noreply@blogger.com0tag:blogger.com,1999:blog-20330273.post-21870207990261151122024-02-15T15:30:00.000-07:002024-03-07T11:04:58.648-07:00Considering Tomorrow's Deadline As of February 19, 2024, our deadline may have passed without any action taken by the producers' officers and directors to address their overproduction issues. These issues have led to a loss of over $4 trillion in natural gas revenues since July 2007. Does this inaction transition from negligence to willful misconduct, thereby opening the door to accusations of deliberate wrongdoing?I am Paul Coxhttp://www.blogger.com/profile/18311415353913869734noreply@blogger.com0tag:blogger.com,1999:blog-20330273.post-12205933130052151872024-02-15T05:30:00.010-07:002024-02-15T05:30:00.132-07:00Update to Operations Management Module The following text has been added to the Operations Management module. Under the heading Swarm, and subheading Cloud Administration & Accounting for Oil & Gas it now reads.SwarmCloud Administration & Accounting for Oil & Gas Upon completion of the development of the Preliminary Specification, we will deploy our Cloud Administration & Accounting for Oil & Gas Paul Coxhttp://www.blogger.com/profile/18311415353913869734noreply@blogger.com0tag:blogger.com,1999:blog-20330273.post-85532305758027199542024-02-14T16:00:00.007-07:002024-03-07T11:09:26.802-07:00A Fable The perception that I’ve always approached the work that I do here at People, Ideas & Objects is controversial and ripe with conflict against the officers and directors. I’ve identified them as the ones that have the authority, responsibility, are allegedly accountable and have control of the resources necessary to eliminate the issues we are faced with. However they have taken our Paul Coxhttp://www.blogger.com/profile/18311415353913869734noreply@blogger.com0tag:blogger.com,1999:blog-20330273.post-37727415953245200422024-02-14T12:30:00.000-07:002024-03-07T11:09:14.622-07:00Officers and Directors Ambitions? Late Sunday, it occurred to me that the officers and directors might be aiming for a breakthrough in the natural gas price structure, targeting a 50 to 1 ratio. Remarkably, by midweek, they've nearly achieved this, reaching a ratio of 48.19—a record in itself and representing an 87.55% erosion in the price vs the traditional heating value of natural gas. I must admit, their ability to come Paul Coxhttp://www.blogger.com/profile/18311415353913869734noreply@blogger.com0tag:blogger.com,1999:blog-20330273.post-88550073383865439672024-02-14T10:30:00.023-07:002024-03-07T11:09:01.284-07:00Trillions and Trillions People, Ideas & Objects offers a solution to the persistent issue of lack of production discipline, which has led to significant financial losses and broader economic devastation in the oil & gas sector. This problem can be traced back to a combination of accounting and organizational challenges that originated in the late 1970s, culminating in the first of many oil price collapses Paul Coxhttp://www.blogger.com/profile/18311415353913869734noreply@blogger.com0tag:blogger.com,1999:blog-20330273.post-89149854802786953812024-02-14T09:00:00.000-07:002024-03-07T11:08:48.961-07:00It's Personal As we enter February 2024, the looming deadline of the 16th should now be coming into sharper focus for North American oil & gas producers. Historically, producers have managed to evade action by claiming 'they have it under control' whenever confronted with the necessity of production discipline. Such assurances have been frequently given, yet we've chronicled a plethora of excuses, Paul Coxhttp://www.blogger.com/profile/18311415353913869734noreply@blogger.com0tag:blogger.com,1999:blog-20330273.post-8280234687084113212024-02-14T05:30:00.039-07:002024-02-14T05:30:00.134-07:00Our Value Proposition: Innovation People, Ideas & Objects et al need to worry about the startup to junior sector as much as any other classification within the industry. And we provide them with the most cost effective solution possible. This is purely because of the fact that the industry’s rebuilding will be done on an innovative basis. Innovation is the basis of the Preliminary Specification. It enables People, IdeasPaul Coxhttp://www.blogger.com/profile/18311415353913869734noreply@blogger.com0tag:blogger.com,1999:blog-20330273.post-84148623069614164572024-02-13T14:30:00.007-07:002024-03-07T11:08:37.080-07:00Our Source of Quality ERP Systems Our user community and their service provider organizations aren’t just our clients; they’re our drive, our focus, and our priority. They stand at the heart of our product quality, embodying one of the three core competitive advantages of People, Ideas & Objects. Our specialized Cloud Administration & Accounting for Oil & Gas is tailored to comprehensively manage the Paul Coxhttp://www.blogger.com/profile/18311415353913869734noreply@blogger.com0