American Oil and Gas Reporter - July 2023 - 57
ConventionSec tion: Kansas Independent Oil & Gas Association
KIOGA also supported a successful
measure to prevent electrical utilities
from leaving ratepayers on the hook for
costs associated with transmission facilities
constructed according to the utility's internal
or local planning processes, Cross
notes. Under the new law, he explains,
utilities may recover those costs from
ratepayers only if the facilities have been
constructed in response to a directive
from a regional transmission organization
or an independent system operator under
the Federal Energy Regulatory Commission's
jurisdiction.
" It is a step in the right direction on
electric rates, but not a giant leap forward, "
he assesses. " Utility companies
cannot expand generation on their own
and count on being able to pass on that
cost. Of course, a lot of Kansas oil and
gas electric rate issues deal with electric
cooperatives more than public utilities,
but this still helps. "
He points out that the Kansas Chamber
and Americans for Prosperity also backed
the bill. " We are usually all on the same
page, " Cross notes. " We all worked on it
together alongside Kansans for Lower
Electric Rates. "
Annual Convention
Last summer, KIOGA leaders observed
that the industry faced labor and supply
constraints (AOGR, July 2022, pg. 39).
" The situation has gotten better over the
past year, but those are still issues, " Krauss
assesses. " The supply side may be improving
so that there are not as many disruptions
from an inability to acquire what
we need to drill, complete, pull or repair
wells, but the prices for some equipment
are still higher than I have previously seen
in my 20 years in the industry. "
Ultimately, she suggests, many Kansas
independents are proceeding much like
John O. Farmer Inc., which is prioritizing
some projects and postponing others.
" We are doing what is necessary, but
also putting off some development, " she
describes. " Nevertheless, the industry is
in a pretty good place: The crude price is
hanging around where it needs to in order
for operators to do what they must. "
" The Kansas oil and gas industry is
still pretty busy, " Cross concurs. " April's
numbers showed 36 rigs were running.
Companies still face a great challenge
finding good help, which is a challenge
not only for our industry, but for all businesses,
and so everyone is competing
over the same workers. "
KIOGA members can share ideas for
bringing more talent to the industry
when the group gathers for the 2023
KIOGA Annual Convention & Expo,
scheduled for Aug. 20-22 at the Hyatt
Regency and Century II Convention
Center in Wichita.
According to Cross, the convention's
presentations will include the annual
panel discussion featuring the state's congressional
delegation, remarks from KSGS
Director Jay Kalbas, a KCC update featuring
Commissioner Dwight Keen, KCC
Oil and Gas Conservation Division Director
Ryan Hoffman, and each of the
commission's four district supervisors,
and a discussion of ESG considerations
for low-volume wells. Keynoting the convention's
annual luncheon will be author
and analyst Steve Goreham, whose latest
book, Green Breakdown: The Coming
Renewable Energy Failure, is scheduled
for release this summer.
Krauss says KIOGA's conference consistently
offers attendees a golden opportunity.
" I always look forward to it, "
she comments. " The educational seminars
offer the opportunity to learn something
new. Then there is the opportunity to
meet people and reconnect with others
we have not seen for a while. We cannot
overemphasize the benefits of networking
and developing relationships. "
The convention also will see Krauss
pass her gavel to Incoming Chair Dana
Wreath, executive vice president of Berexco
LLC in Wichita. As she looks back on
her tenure as the association's top officer,
Krauss characterizes it as a continuation
of the work undertaken by previous leaders.
A prime example she cites is an organizational
restructuring that KIOGA
began under David Bleakley that has
continued during her tenure.
" We have made strides toward putting
KIOGA in a position to continue as a
very effective voice for the oil and gas
industry for many years into the future, "
she assures. " In the last few years, we
have put a lot of effort into efficiency,
cost reduction, processes and activating
our Investment Committee, all of which
have strengthened the organization. "
Cross says Krauss' background in finance
has proven especially useful during her
stint. " Having her in this position at this
time has been very valuable, " he considers.
" And when she completes her term, it's not
like she will disappear. KIOGA engages
its past chairs as much as they are willing. "
Krauss predicts KIOGA will be in
good hands under Wreath's chairmanship.
" As an engineer, he is very technically
oriented, which offers a perspective different
from mine, " she notes. " KIOGA
is good at including a variety of backgrounds
and talents in its leadership positions,
which really helps us effectively
address the variety of challenges facing
the Kansas oil and gas industry. "
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JULY 2023 57
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American Oil and Gas Reporter - July 2023
Table of Contents for the Digital Edition of American Oil and Gas Reporter - July 2023
Contents
American Oil and Gas Reporter - July 2023 - Intro
American Oil and Gas Reporter - July 2023 - Cover1
American Oil and Gas Reporter - July 2023 - Cover2
American Oil and Gas Reporter - July 2023 - Contents
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American Oil and Gas Reporter - July 2023 - Cover3
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