New Horizon on Oil and Gas Startups
Exploration might feel like a lost art these days, but with Jarrod McGehee from New Horizon Oil and Gas, we’re pulling back the curtain on why there’s still so much potential left in the ground. From tapping into the hidden depths of the Gulf of Mexico and South Louisiana to digging into the practical reasons he’s stuck with conventional methods (hint: they’re still paying off!), Jarrod shares what it’s really like to navigate the challenges of shallow water drilling, manage logistics, and tackle state regulations. Plus, with tech like 3D seismic imaging and structural mapping making exploration sharper than ever, he’s even branching into carbon capture as a fresh frontier in energy. This one’s all about the grit, innovation, and resilience it takes to keep exploring in an industry that’s always shifting.
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00:00 - What is Exploration
05:07 - Amplitude and AVO Analysis
06:09 - Understanding Structural Closures
06:49 - Cost of Drilling a Well
08:06 - Average EUR of Oil Wells
10:32 - Career Path Insights
17:21 - Starting Your Own Company
21:54 - Carbon Capture, Utilization, and Storage (CCUS)
24:22 - Tax Credits for CCUS Projects
26:40 - Profitability of CCUS Projects
27:20 - Capital Flow Trends
28:53 - CCUS Market Outlook
30:34 - Structuring Deals in CCUS
32:20 - Time Management Strategies
33:53 - Future of Exploration Industry
37:24 - Mapping the Subsurface Effectively
42:54 - Current Excitements in the Field
43:37 - Career Highlights and Achievements
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