Preparing a Choice for the Industry in the 21st Century

With so much value being generated in the Preliminary Specification, the user community and the service providers. You would think that the bureaucracy would find the time to engage us and begin the work necessary to make that value accrue to the shareholders, the people in the industry and society in general. That’s not the case, instead they try and copy our Intellectual Property and use it for their own purposes. I am certain their use of the IP will be to provide the proof necessary that the concepts underlying the Preliminary Specification will not work and that they can proceed to be the only game in town. That is the way that bureaucrats think.

One thing we know for sure is they are not taking the opportunity to shut-in any production and halt the decline in natural gas prices. We have said it here before. Bureaucracies can’t change. For them to implement a strategy that rolled back production while inventories were so low would be a tactical win for the industry. Prices would respond handsomely as the market and the natural gas storage providers would be both competing for a lower level of production from the producers. This would provide the producers with a foundation of which they could establish the “price maker” position that the Preliminary Specification enables. However there is no discussion of this. There are no reasonable people standing up and saying that this is an opportunity on a go forward basis. Just silence and muddling along.

This is why the user community and the service providers that are affiliated with People, Ideas & Objects are providing an alternative means of organization for the oil and gas producers, investors and people in the industry. Enabling a choice as to which method they want their assets managed. The bureaucracy and their muddling along strategies. Or the People, Ideas & Objects ecosystem that provide the most profitable means of oil and gas operations. One that has tangible and significant improvements in the profitability of the industry.

Its amazing isn't it that for the many years that we have been touting the value that we generate the only thing the bureaucracy has thought to do is to steal it. What purpose at this point does it make in trying to steal it, I don't know. What we will keep doing is preparing our alternative means of organization for the time when industry makes the decision as to which group to go with. The bureaucracy or People, Ideas & Objects et al.

And that makes your participation in these next few years an important element of the success of this initiative. Particularly if you feel you can fill one of the leadership positions in the user community. It will be through your leadership that we will be able to prepare this offering and make the changes in the industry that are necessary. Bureaucrats don't change. They haven’t for decades and they won't in the future. We need to prepare an alternative means of organization for the dynamic, innovative and profitable oil and gas producer.

It's an ambitious plan. Only because it is necessary as a result of the poor performance of the bureaucrats. If we saw some response that showed any sign of life from them then they might be given a second chance. However there is no sign of life and there are no second chances. There is only what we have to do to eliminate the bureaucracy from the landscape and implement what the industry needs for the 21st century.

The Preliminary Specification provides the oil and gas producer with the most profitable means of oil and gas operations. People, Ideas & Objects Revenue Model specifies the means in which investors can participate in these user defined software developments. Users are welcome to join me here. Together we can begin to meet the future demands for energy. And don't forget to join our network on Twitter @piobiz anyone can contact me at 403-200-2302 or email here. 

Users Operating the Infrastructure of the Industry

What the members of the dynamic, innovative and profitable oil and gas producer will be focused on is their competitive advantages of their earth science and engineering capabilities, and land and asset base. What the member of the user community will be focused on will be the providing that producer with the most profitable means of oil and gas operations. It is through the organizational structure of the industry that the producer will earn their profit. Granted it is highly dependent on finding commercial quantities of oil and gas reserves. However finding the reserves is not enough these days. How the industry is structured and operated will be a determining factor in the producers ability to earn a profit. With the Preliminary Specification the industry is structured and operated through the user community and its users are able to effect the changes necessary to ensure that the oil and gas producers are provided with the most profitable means of oil and gas operations.

If it were the 1850’s where buyers and sellers could be discovered serendipitously then we wouldn't need software or the user community. Producers would be able to produce their product and sell it out the back door of their office. But its 2014 and the complexity of our society dictates that we stand on the shoulders of giants and work within the systems and procedures that have been put in place over the past many decades. It is the operation of this infrastructure that the bureaucracy has put on automatic. Not allowing any opportunity to introduce any change within the system to provide for different outcomes. This is particularly noticeable in the case of natural gas prices. The bureaucracy are price takers, accepting any price that the market is providing. Giving up any hope or any opportunity to influence those prices.

With the user community the users are able to implement the changes within the systems to make the changes that are desirable to the oil and gas producers. In the case of prices, the Preliminary Specification and the users enable the producers to shut-in natural gas without any penalty of additional losses on operations, or too high of G&A. Producers are able to shut-in their unprofitable production and realize the higher prices as a result of the markets response to lower production. This infrastructure is a result of the software and users that are provided through People, Ideas & Objects and the Preliminary Specification.

Being proactive with the variables within the industry. As opposed to muddling along until something may or may not happen as in the bureaucracies way of dealing with things. Is the future of the oil and gas industry. The bureaucracy has other plans, and it doesn’t include a vision, profits or anyone other than themselves. What is needed is for the people who own those oil and gas assets is to sit down and ask themselves are they really being served by the manner that things are managed today. And is there a better way.

There is a robust future for the North American oil and gas industry. With the endowment of the oil sands and shale reserves, energy self sufficiency is a viable and worthwhile opportunity and goal. If left in the hands of the bureaucracy it will continue to be produced at a loss and be further wasted for the purposes of having them in power. We offer a viable alternative. A sound vision that works, is innovative and provides the most profitable means of oil and gas operations. The user community is a necessary element of the success of People, Ideas & Objects and they are key to the future of the industry. It is this vision and resource that provide a real alternative for the oil and gas investor and the people that work within the industry.

The Preliminary Specification provides the oil and gas producer with the most profitable means of oil and gas operations. People, Ideas & Objects Revenue Model specifies the means in which investors can participate in these user defined software developments. Users are welcome to join me here. Together we can begin to meet the future demands for energy. And don't forget to join our network on Twitter @piobiz anyone can contact me at 403-200-2302 or email here.