Hello Mr. Terry,I know the topic here is about dues. But there is a larger issue at hand, specifically the lack of jobs available for Landmen. I am under the impression that the USA has pumped and stored so much oil and gas as well as OPEC pumping an extremely large amount of oil and gas, that the supply is way too high and the demand is way too low. Please correct me if I am wrong.
I have only been in the business for about 6 years so I wasn't around during 80s oil bust but the industry rebounded extraordinarily well with oil prices soaring to $100+ per barrel in the early 2010s.
Is it possible, or more appropriately, I should ask will a rebound of epic proportions happen again in the near future? Or has the damage been done and we may not ever see plenty of work for Landmen again?kind Regards
The AAPL mission is to keep the AAPL going; they need cash. They are going to do what it takes to survive, do not expect the dues to be reduced unless it is to their benefit. It is that plain and simple. It is a business decision.
Did you go through the 1986 Savings and Loan bust that lasted from 1986 to about 2003? Did you know that almost every independent oil company went out of business? When PetroHawk drilled the South Texas Syndicate well that set off the horizontal play, the landmen who had been struggling in the business for twenty years got nothing except for a lot of competition from young landmen. Did experience and knowledge or competence account for anything – no. Get ready for a long slog.
Steve McQueen, the British TV and movie writer, used the phrase "radiant shades of grey" on the Academy awards show a couple of years back. Nothing is black and white; the world is a constant understanding of radiant shades of grey. You might want to temper your comments. God bless you.
2400 McCullough Ave.
PO Box 15035
San Antonio, Texas 78212
I agree with my friend Thomas Gray, but there's a slim chance of AAPL reducing dues, they didn't do it during the 80s bust and I dropped my membership in 1989 after being out of work for over a year. I rejoined 5 years later but it cost me a CPL .
Karl Bourque Lafayette Land Services LLC
PO Box 53961 Lafayette, LA 70505
Tel: 337 233 8500
Fax: 337 233 8584
Cell: 337 230 3417