How is the digital age reshaping the oil and gas industry? Find out as we talk with Chris Atherton of EnergyNet about a marketplace where buying and selling land for energy production is just a click away. Think AirBnb but for oil & gas assets!
Time Stamps
- 01:26 - Intro to Chris Atherton
- 04:39 - Exploring EnergyNet's Impact and Services
- 11:59 - The Challenges in Energy Land Auctions
- 17:59 - Personal Insights and the Enron Experience
- 21:15 - EnergyNet's Competitive Sales Process
- 28:39 - Leveraging Big Company Strategies for Government Lease Sales
- 39:25 - Strategic Bidding and Sealed Bid Insights
- 43:56 - The Future of EnergyNet
- 51:25 - Closing Remarks and Contact Information
Snippets from the Episode
- "I think there's a perception that if you put it out, you're going to get tire kickers, you're going to get lowball bidders. But the nature of the platform [EnergyNet] and how the mechanics work, it just sifts them. The cream rises to the top." - Chris Atherton
- "A fair, structured, competitive sale process is going to generate the best results consistently, whether there's a one-on-one sale or industry type and investment bank led sale or a government lease sale." - Chris Atherton
- "When I say two-sided marketplace, I mean, like Zillow or even Airbnb or Uber's. We have buyers and sellers. Uber has riders and drivers and Airbnb has hosts and runners." -Chris Atherton
Resources
More from Our Guest
More from Our Hosts
- Connect with Brent on LinkedIn
- Connect with Khalil on LinkedIn
What is The Land Department?
The Land Department shares the state of land and energy as we see it. We cover topics like region and basin-specific challenges and solutions, tactics for producing the best work, opportunities in the industry, and stories from experts in the field.