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P e r m i a n B a s i n P e t r o l e u m A s s o c i a t i o n • w w w . p b p a . i n f o • 4 3 2 - 6 8 4 - 6 3 4

The Permian Basin Petrolem Association Magaine

PRSRT STD

U.S. Postage

PAIDPermit No. 1467 Fort Worth, TX



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PBOil&GasMagazine

D E P A R T M E N T S4 From the President6 From the

Executive Vice President8 From the General Counsel

10 Member News14, 20 Industry Reports

27 News Reviews29 Education & Training

Calendar31 PBPA Calendar of Events

12 September Lncheon Highlights RandyFoutchofLaredoPetroleumtoutedtheuseofprivate

equity,amethodologyheusedtobuildfoursuccessfuloil

companiesintheMid-ContinentandPermianBasin,andgave

hisperspectiveontheglobaloilandgasconditionatthePBPA

Septemberluncheon.

16 Top Hand Recipients GlennPattersonandCloyceTalbotthavebeennamedco-

recipientsofthePermianBasinPetroleumAssociation’sTop

HandAward.ThepairwillbehonoredattheTopHandBanquet

Jan.24,2008,atthePetroleumClubinMidland.

22 Oil & Gas Sotware PermianBasinOil&GasMagazineaskedseveralexperts

in the eld of oil and gas data to give their advice in picking

therightsoftwaretomeetvariedneeds.Accordingtothese

professionals,integrationofdifferentsoftwareisthekey.

28 Nrtring Domestic Prodction America’sundevelopedoilandgasresourcesshouldbe

consideredourgeneration’svictorygardeninthefaceoftoday’s

struggletomaintainenergysecurity.Innovativetechnology

isbringingonlineoilandgasproductionfromheretofore

noncommercialandunconventionalgeologicalreservoirs.

Permian Basin Oil & Gas

eDITORIAL Julie Anderson

432-367-1564 • Fax 325-677-2631 [email protected]

ADveRTIsIng sALes Amy Brittain

325-673-4822 (ext.121) • Fax [email protected]

h.C. Zacry Publisher

Bcky Frot Business Manager

Jli Adro Editor

Amy Brittai Sales Manager

Kati Kafma Art Director

The Permian Basin Petroleum Association is a non-proft organizationor the promotion o business efciency and the betterment o PermianBasin oil businesses through cooperative eorts and the exchange oideas. Published on the 5th o each month. Opinions expressed in thismagazine are those o the writers and do not necessarily represent theviews o the magazine or the Association.

PB Oil & Gas is published monthly by Zachry Associates, Inc. All materialscopyright 2007 by Zachry Associates. Reproduction o contents in wholeor part without expressed written consent o publisher is prohibited.All rights reserved. Monthly PB Oil & Gas Magazine single copy priceis $2. Subscription rate is $22 per year. Address all purchase requests,subscriptions, news items and inquiries to:PB Oil & Gas, 500 Chestnut St.Ste. 2000, Abilene, TX 79602, 325-673-4822, FAX 325-677-2631.

PB OIL & GAS IS The OFFICIAL PUBLICATION OFThe PeRmIAN BASIN PeTROLeUm ASSOCIATION

www.pbpa.ino • 432-684-6345 • [email protected]

ContentsNovember 2007

On the Cover:ector Coty

Poto by Day Flaaa

B spprdPBPA Executive

Vice [email protected]

Allio Wbb PBPA Ofce

[email protected]

Becky FrostPBOG

Business Manager

Julie AndersonPBOG Editor

Amy BrittainPBOG

Advertising Director

PERMiAN BASiN PETRolEuM ASSociATioN STAff

PERMiAN BASiN oil & GAS MAGAziNE STAff


http://slidepdf.com/reader/full/the-permian-basin-magazine 4/32November2007

Well,anotherannualmeetinghascomeandgone,andas

beforewehadagreatturnoutforouricebreakerreceptionand

thefollowingdayatourbreakfastandluncheonmeetings.ItwasaperfectopportunityforourbusyPBPAmemberstonetwork

witholdfriendsandmeetnewones.Anaddedpluswashearing

KenHershofNaturalGasPartnersattheluncheon.Hisexpertise

andvisionforourenergyindustryreallymakeusallfeelgood

aboutwherewehavebeenandwhereweareheading.

The “nally-waking-up award” goes this month to Congress

asthestallingethanolindustrywantsthemtomandategreater

useofthebiofuel.Butmanyoftheindustry’sformerfriendshave

turnedagainstitamidsoaringpricesforcornandothergrains.

Congress gave a big boost to ethanol in 2005, when it mandated that oil reners blend 7.5 billion

gallonsofrenewablefuelssuchasethanolintothenation’sgasolinesupplyby2012.Thefarmlobbywas

unitedbehindethanolasawaytostrengthenruraleconomies.Environmentalgroupsbackeditasaway

to ght global warming and lessen the nation’s dependence on foreign oil. Since then, dozens of ethanol

plantshavesproutedaroundthecountry,turningcornintofuel.Theriseoftheindustryhashelpedtoboost

grainpricesandcreatejobsinfarmstates.

But ethanol production today is close to reaching the 7.5-billion-gallon level in the 2005 law. Over-

supplyhasforceddownpricesanddrivensomeethanolproducersintotrouble.Producersandcornfarm-

ersarelobbyinghardforCongresstoboosttherequirementanewtoensurethatdemandcansoakupthe

risingproduction.

Opposition to the ethanol industry’s goals has grown signicantly stiffer. The so-called barnyard

lobby–representingthemeat,livestockandpoultryindustries–saidhighcornpricesarehurtingitsprof-

its.Thepriceofcorn-basedanimalfeedhasincreasedabout60percentsince2005,accordingtotheU.S.

DepartmentofAgriculture.

“Our single biggest priority is for Congress to reject a new renewable-fuels mandate,” said Jesse

Sevcik,vicepresidentoflegislativeaffairsattheAmericanMeatInstitute,ameatandpoultrytradeas-sociation.

Other groups that were originally sympathetic to ethanol are drifting away. They fear that the fuel’s

advantagesareoutweighedbytheriseincornprices,whichtheysayincreasesthecostoffoodsranging

fromsteaktocereal.

“Many policy-makers were seduced by ethanol,” said Cal Dooley, president of the Grocery Manu-

facturersAssociation.TheAgricultureDepartmenthassaidconsumerscanexpecttopayasmuchas4.5

percentmoreforgroceriesandrestaurantmealsthisyearoverlast,upfroma2.4percentrisetheyear

before.

ThespreadingcoalitionagainstnewethanolmandatesincludestheAmericanPetroleumInstitute,

whichsupportsethanolbutprefersamarket-drivenapproach,ratherthanonedrivenbythegovernment

with its subsidies. Some petroleum reners say ethanol prices are low enough now that they would con-

siderbuyingthefuelontheirown,withoutmandates.

Charles Stenholm, a former Democratic congressman from Texas who was inuential in agriculturepolicy,isnowalobbyistinWashington.Hisclientsincludepork,dairyandoilinterests,accordingto

lobbyingrecords.AccordingtoStenholm,theyallagreethat“youneedtoletthemarketbethebiggest

determinant for ethanol.”

WeatPBPAcouldnotagreemoreandhavebeensayingthatforacoupleofyearsnow.Firstand

foremost,peopleneedtounderstandfromanenergystandpointthatethanoltakesjustasmuchenergyto

makeasitgivesup;somesayittakesmoreenergythanwhatitgivesup.Sometimestheselobbyistsget

what they deserve when pushing an idea that just doesn’t makes sense. Maybe Congress will nally be

comingaround.

Again,thankstoallofyouPBPAmemberswhohelpedsponsorourannualmeetingthisyear.As

always,weatPBPAareveryappreciativeofallyoudoforthePermianBasinandournation.Keepupthe

greatwork!

FromthePresident

President

Kirk edwardsMacLondonRoyalty Company

Exective Vice PresidentBn SpprdPermian BasinPetroleum Associatio

ImmediatePast PresidentBruc Brady Great Western

Drilling Company

President-ElectTaylor maynMayne & Mertz

Vice Presidentat LargeDoug RobisonExL Petroleum, LP

Honorar Vice President

harry SpannausDiscovry Oprating

Area Vice Presidmik RobinsonRobinson Drillingo Txas

Area Vice Presidmark mrritt Faskn Oil & Ranc, Ltd.

Area Vice PresidKlly maclasky maclasky OilfldSrvics, Inc.

Secretar/TreasKn Dan Jonson, millr & Copany

General ConselBrad millr Krr, Ward, mcLaug& millr, L.L.P.

ExecutiveCommittee

Kirk Edwards, PBPA President



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FromtheExecutiveVicePresident

Ben ShepperdPBPA Executive Vice President

Itwasgreattosee

somanyofyouatour

45thAnnualMeeting.

Inadditiontothosewho

attended,Iwanttogive

aspecialthankstoall

ofoursponsors.PBPA

workshardforthe

interestsoftheoiland

gasindustry,andthroughyoursupport,PBPAcancontinue

to grow and ght harder for our industry. We will run a com-

pletelistofsponsorsalongwithourAnnualMeetingReportinourDecemberissue.

IsawmanyofyouinNewMexicoattheNewMexico

Oil and Gas Association’s Annual Meeting which was very

wellattended,asusual.BobGallagherandhisteamalways

putonagreatmeetingandmakeusfeelwelcome.Sen.

Bingamin’sremarksduringthegeneralsessionillustratedto

mesomeofthegreatchallengeswefaceinWashington.Al-

thoughusuallyfriendlytoourindustry,heremindedusthat

othersinCongressdonotsharehisgenerallypositiveview.

Iwillbeworkinghardoverthenextseveralmonths

onthetwobillspassedthissummerinCongress:HR3221

and HR 2776. These bills are so important to the current

Congressionalleadershipthattheyhaveresortedtoevery

parliamentarymaneuverwithinreachtomovethemforward,

eventhoughtheHouseandSenatebillsaresodissimilarthat

aconferencecommitteewasnotpossible.Theseandother

issueswillbeveryhottopicsatthismonth’sIndependent

PetroleumAssociationofAmericaAnnualMeeting,whichI

willbeattending.Also,letmeremindyouthatthePBPAis

theonlystateoilandgasassociationinAmericaIamaware

ofthatoffersajointmembershipwithIPAA.

RailroadCommissionerVictorCarrilloandGov.Perry

deservespecialthanksaftertheireffortstoderailanill-con-ceived model “Surface Owner Notice and Compensation

Act.” This act was proposed to be a template for use by indi-

vidualstatesandwasputforthbyasmallgroupofverydedi-

cated folks who have tried to hijack the Interstate Oil and Gas

Compact Commission. One of the more onerous provisions

includedmandatingthatoperatorsprovide180daysnotice

priortobeginninganyactivitiesthatmightdisruptthesurface

inanyway.Manythankstoeveryonewhohelpeddefeatthis

proposal–fornow.

Alongthoselines,PBPAhasjoinedwiththePanhandle

Producers and Royalty Owners Association, the Texas In-dependent Producers and Royalty Owners Association, the

Texas Oil and Gas Association, Texas Alliance of Energy

Producers,TexasLandandMineralsAssociation,andoth-

erstoformanInterimInactiveWellStudygroup.Everyone

involved is working hard to nd consensus leading to next

sessionwithrespecttoinactivewellandsurfaceuseissues.

Ithinkwewillbesuccessful,andhopefullyourworkwill

resultinlegislationthatwillbeamodelforotherstatestofol-

low.Ithinkweallwouldpreferthattosomefederallydriven

template!

Finally,IwanttothankTexasComptrollerofPublic

AccountsSusanCombsforspendingacoupleofhourswith several PBPA members in October. Comptroller

Combs,aWestTexasnativeandgreatAmerican,gaveus

her thoughts on the new margins tax and her ofce’s recent

efforttoshinelightonstateagencyspending.Youcannow

viewexpendituresbymoststateagenciesonlinebygoingto

www.cpa.state.tx.us.

Other issues we discussed included Railroad Commis-

sionfunding,severancetax,andthepotentialusesforthe

RainyDayFund,whichisprimarilyderivedfromseverance

taxesonnaturalgas.Thesearealllegislativeissues,butit

IMPORTAnT! ADDRess ChAnges!

ItisimportanttotheAssociationthatthenamesandaddressesofallmembersbekeptcurrent.Pleaseusetheblanksbelowtonotify PBOil&Gasofanypersonnelchanges.Mailto:PBOil&Gas, 500 Chestnut St., Ste 2000, Abilene, Texas 79602.Fax: 325-677-2631

Old Information:

Name________________________________________________________________

Position______________________________________________________________

MailingAddress_______________________________________________________

_____________________________________________________________________

_____________________________________________________________________

New Information:

Name________________________________________________________________

Position______________________________________________________________

MailingAddress_______________________________________________________

_____________________________________________________________________

_____________________________________________________________________



PBOil&GasMagazine

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BLUE IS T HE NE W BLACK

wasgreattogetherperspectiveasaformerlegislatorandthekeeperof

thestate’spursestrings.Ibelievesheenjoyedhearingfromthegroup

ofabout15oilandgasoperators,andIhopetohaveherbacksoon.P.S.IwanttocongratulatetheOzonaTexasChamberofCom-

merceonasuccessfulFirstAnnualCrockettCountyOilandGas

TradeShowandExposition.Over100vendorssupportedthetrade

show,andIwashonoredtobetheirkeynoteluncheonspeakerat

theirluncheonon the nal day.

From let: PBPA member Rosalind Grover, Texas Comptroller Susan Combs,PBPA President-Elect Taylor Mayne, and PBPA Immediate Past PresidentBruce Brady discuss oil and gas taxation issues during a meeting with theComptroller in mid-October.

PBPA Executive Vice President Ben Shepperd speaksat the Ozona Chamber o Commerce First AnnualCrockett County Oil and Gas Trade Show and Expositionin October.



Irecentlywas

calledupontotryto

helpafamilywithalandlord/tenantprob-

lem.Thefatherwason

activedutyintheU.S.

Army,andhiswifeand

fourchildrenwererent-

inganapartmenthere

inMidland.Thefather

hadreceivedordersto

changehisdutystationtoanotherstate,andthelease

ontheapartmentthatthewifeandchildrenwereliving

inwasnotgoingtoexpireforanadditionalmonthpast

whenthefamilyneededtomove.Thatfamilycould

havereallyusedthemoneytheywouldhavesavedif

theycouldhavebeenreleasedfromtheleaseamonth

early.Iattemptedtonegotiateanearliertermination

datefortheleasetosavethatmonth’srentforthefam-

ily.Unfortunately,Iwasunabletoconvincetheapart-

mentmanagementcompanythatitwouldbetheright

thingtodotogivethismilitaryfamilyabreak.Le-

gally,theywereentitledtoenforcetheleaseforitsfull

term,whichiswhattheydid.Itmademethinkabouthowourciviliansocietydealswithourmilitaryservice

peopleandtheirdependents.Doesthelawdoanything

specialformilitarypersonnelandtheirdependents?

Ididalittleresearchandfoundanarticleona

topicthatmaypertaintosomeofyourbusinessesthat

employpersonswhoarecalledtomilitaryservice,and

Ithinkitmightbeofimportancetosomeofyou.The

UniformedServicesEmploymentandReemployment

Rights Act of 1994 (USERRA), codied at 38 U.S.C.

Section4301-4334,isonesetoflawsthatwaspassed

by Congress for the benet of members of the military

andtheirdependents.USERRAprohibitsdiscrimina-

tionagainstmembersofthemilitarywithregardto

their employment and their employment benets. Un-

like sex and race discrimination laws under Title 7 and

otherfederalacts,USERRAappliestoemployersthat

haveasfewasoneemployee,whereastheothernon-

discriminationfederallawsonlyapplytoemployers

whohavemorethan15employees.

UnderUSERRA,anemployeewhoiscalledtoac-

tivedutyorevenonewhovolunteersforactiveduty

isentitledtobere-employedinthepositionthatheor

sheoccupiedatthetimetheemployeeleavesforactiveduty for a period of up to ve years. When the em-

ployees/servicepersonnelrequestre-employment,they

mustbeplacedinthesamepositiontheyhadwhenthey

left.Thiscancauseproblemsbecausethosepositions

obviously have to be lled in the absence of the service

personandfrequentlyleadstodisputesbetweentheem-

ployersandreturningservicemenandwomen.

Thereisamediationprocessavailableonshort

noticetoemployersandemployeestoresolvethese

issues.Thatserviceisprovidedthroughanagency

calledtheEmployerSupportfortheGuardandRe-

serve (ESGR). When a service member has beenreleased from active duty, he has up to 90 days to seek

re-employmentwithhisprioremployerunderUSER-

RA. Once a proper request for re-employment has

beenmade,theemployerisobligatedtopromptlyrein-

statetheservicemember,generallywithintwoweeks

ofhisavailabilitytoreturntowork.ESGRprovidesa

rapidandpracticalmeanstoresolvethedisputesthat

canariseconcerningtherequestforre-employment.

Afteraservicememberisre-employed,heisprotected

frombeingdischargedorterminatedfor180daysup

FromtheGeneralCounsel

Brad MillerPBPA General Counsel

texas • new mexico • oklahoma

P.O. Box 9423 • Midland, TX 79708 • 432-699-1200

800-594-3887

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PBOil&GasMagazine

tooneyeardependingonthelengthofhisabsence.

Thisdoesnotpreventanemployerfromterminatinga

formerservicememberforcause,aslongasthecauseoccurredafterreinstatement.

Manyofyouwhohaveemployedreservistsand

othermilitarypersonnelmayormaynothaveknown

ofthislaw.Youmayhavejustthoughtitwastheright

thingtodowhenapersonleavestheworkforcetogo

servethiscountryinthemilitary.USERRAdoesnot

prohibit an employer from doing even more to benet

servicememberemployees.Ithasbeenreportedthat

someemployershavecontinuedtokeeptheirabsentee

servicemembersontheirpayrolleitheratfullpayor

somepartialpaywhiletheyareonactiveduty,whichisaveryhonorablethingtodoiftheemployercanaf-

fordit.Inmyopinion,wecannotdoenoughtothank

themenandwomenwhoservethiscountyinour

armedforces.Wewouldnothavetheopportunitiesto

leadthelivesweleadinourindustrywithouttheirser-

vice and sacrice.

2817 JBs Parkway, e-16 • oda, tx 79762www.prprnnl.cm

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Helping as

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fnd good jobs

by helping as

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Simplify Your Search!

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432-687-5977Fax: 432-687-5982

[email protected]

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>Detailed Mineral and LeaseholdOwnership Reports

>Title Curity

>Due Diligence

>Permitting for Right-of-Ways,Easements and Seismography

>Negotiation & Settlement ofSurface Damages

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Professional Land Services


http://slidepdf.com/reader/full/the-permian-basin-magazine 10/320 November2007

The PBPA Welcomes theFollowing New Members:

PB Oil & Ga Magazine

MEMBER NEws

For information about joining thePBPA, call Permian Basin PetroleumAssociation 432/684-6345.

To viw a list o t Prian BasinPtrolu Association brsip, or fll out an application onlin, o to www.pbpa.info.

G.W. Brock

Independent ProducerMidland

Jim Brown Val Verde E&PMidland

Brad HellerEnergy SeminarsTheWoodlands

Dolores Vick Chevron NA ExplorationProd. Co.Midland

Henry VillanuevaTriumph Oil Field ServicesMidland

Michael Wayne

RigDataFortWorth

Perormance is Key

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PBOil&GasMagazine

Permian Basin Producing Counties

For the purposes of this publication,Permian Basin Oil & Gas , the Permian BasinProducing Area includes the majorityof the counties in Railroad Commissionof Texas Districts 7c, 8 and 8a andSoutheastern New Mexico.

J o i n P B P A

T o d a y ! Cont me in!

=Cck enclosd=Plas Bill= Visa or mastr Card

Signatur

exp. DatZip Cod

Please chec desired membership level below.EMPloyEES SilvERGolDBlAck GolDEMPloyEES SilvERGolD

=1-5$235$352.50$1500=6$240$360.00=7$245$367.50=8$250$375.00=9$255$382.50=10$260$390.00=11$265$397.50=12$270$405.00=13$275$412.50=14$280$420.00=15$285$427.50

=16$290$435.00=17$295$442.50=18$300$450.00=19$305$457.50=20$310$465.00=21$315$472.50=22$320$480.00=23$325$487.50=24$330$495.00=25$335$502.50Over 25 add $ 5 per additional person

Membership dues may be deductible as a charitable contribution. All membership categories are open to interested parties and carry no criteria requirements!

MEMBERsHIP APPLICATION

PLEASE RETURN THIS FORM TO:Permian Basin Petroleum AssociationP.O. Box 132Midland, TX 79702

Na/Contact Prson

Copany NaTlponFax

Addrss

CityStat Zip+4 Cod

Typ o Businss # o eploys

eail addrss

Wbsit addrss

Includ eail & Wbsit on PBPA Wbsit? = Ys =No

I you have any questions please call (432) 684-6345!

Thans or or spport!



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DCP Midstream(formerly Duke Energy Field Services)

www.dcpmidstream.com

We are part of the energy value chain contributing to

meeting society’s growing need for clean energy

and related products responsibly.

Our business is about performance,

reliability, and integrity - our people are too.

• One of the largest natural gas

gatherers and processors in the U.S.

• The largest producer and one of the

largest marketers of natural gas

liquids in the U.S.

• The largest midstream service provider in

the Permian Basin.

• Operate in 16 states with major of fices

in Midland, Tulsa, and Houston.Headquartered in Denver.

Randy Foutch, chairman, chief executive ofcer

andpresidentofLaredoPetroleum,toutedtheuseofprivateequity,amethodologyheusedtobuildfour

successfuloilcompaniesintheMid-Continentand

PermianBasin,andgavehisperspectiveontheglobal

oilandgasconditionatthePBPASeptemberluncheon.

FoutchanticipatesaresurgenceoftheColdWar

intheenergyarenawithRussiaandChinadominating

amajorityoftheworld’soilandgas.Some80per-

centofalloiliscontrolledbynationalcompaniesthat

arenotaccessibletotheUnitedStates,Foutchsaid.

However,Chinacontinuestoforgedealswiththese

companies,whileRussiacontinuestoutilizeitsnatural

gasreservestocompelconcessionsfromcountriesinEasternEurope.

Regardingthehomeland,Foutchpredictedbal-

ancedcrudepriceswithapossibledropinnatural

gasduetoheavydrillingandaconsequentialrisein

reserves, coupled with an increase in liqueed natural

gasimports.

2 November2007

PBPA September Luncheon Highlights



PBOil&GasMagazine



Wed./Thur. December 12 & 13, 2007 | Oklahoma City, OK

DIGITAL IMAGE AUCTION WITH ONLINEINTERNET BIDDING AVAILABLE

Rick Russell 940-841-3428

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EQUIPMENT DELIVERY DATES:

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RIG COuNT suMMARy MONTHLy AvERAGE provided by

JAN-03 101 JAN-04 113 JAN-05 171 JAN-06 188 JAN-07 220FeB-03 112 FeB-04 130 FeB-05 160 FeB-06 189 FeB-07 221mAR-03 116 mAR-04 136 mAR-05 160 mAR-06 198 mAR-07 224

APR-03 123 APR-04 140 APR-05 163 APR-06 194 APR-07 216

mAY-03 120 mAY-04 151 mAY-05 170 mAY-06 206 mAY-07 217 JUN-03 123 JUN-04 147 JUN-05 172 JUN-06 220 JUNe-07 206 JUL-03 117 JUL-04 151 JUL-05 172 JUL-06 222 JULY-07 219 AUg-03 124 AUg-04 150 AUg-05 182 AUg-06 232 AUg-07 223SeP-03 114 SeP-04 147 SeP-05 182 SeP-06 230 SeP-07 235OCT-03 113 OCT-04 153 OCT-05 178 OCT-06 226NOV-03 113 NOV-04 160 NOV-05 183 NOV-06 212DeC-03 117 DeC-04 150 DeC-05 178 DeC-06 223

AvG-03 98 AvG-04 144 AvG-05 173 AvG-06 212 AvG-07 220

sOuTHEAsT NEw MEXICO JAN-03 46 JAN-04 59 JAN-05 77 JAN-06 76 JAN-07 60FeB-03 52 FeB-04 63 FeB-05 80 FeB-06 76 FeB-07 57 mAR-03 60 mAR-04 65 mAR-05 81 mAR-06 77 mAR-07 56

APR-03 65 APR-04 57 APR-05 82 APR-06 75 APR-07 49mAY-03 62 mAY-04 63 mAY-05 76 mAY-06 76 mAY-07 53 JUN-03 63 JUN-04 68 JUN-05 74 JUN-06 74 JUNe-07 58 JUL-03 59 JUL-04 70 JUL-05 72 JUL-06 76 JULY-07 60 AUg-03 67 AUg-04 74 AUg-05 75 AUg-06 74 AUg-07 52SeP-03 61 SeP-04 76 SeP-05 81 SeP-06 77 SeP-07 47 OCT-03 63 OCT-04 77 OCT-05 78 OCT-06 82NOV-03 63 NOV-04 74 NOV-05 72 NOV-06 71DeC-03 59 DeC-04 79 DeC-05 79 DeC-06 68

AvG-03 52 AvG-04 69 AvG-05 77 AvG-06 75 AvG-07 55

wEsT TEXAs RRC DIsTRICTs 7C, 8, 8A


ACTIvITy REPORT



PBOil&GasMagazine

RIG COuNT October 10, 2007provided by

sOuTHEAsT NEw MEXICO

wEsT TEXAs

ChAVeS 2

eDDY 28

LeA 17

Totals: 47

Cont Rig

Cont Rig ANDReWS 8

BORDeN 1CONChO 1

COTTLe 2

CRANe 3

CROCKeTT 7

CROSBY 1

DAWSON 1

DICKeNS 2

eCTOR 5

gAINeS 6

gLASSCOCK 4

hOCKLeY 2

hOWARD 4

IRION 3

KeNT 1

KINg 3

LOVINg 16

mARTIN 24

meNARD 1

mIDLAND 11

mITCheLL 4

PeCOS 38

ReAgAN 7

ReeVeS 8

RUNNeLS 2

SChLeICheR 3

SCURRY 5

STeRLINg 3

SUTTON 10

TeRReLL 5

TeRRY 2

TOm gReeN 1

UPTON 24

WARD 9

WINKLeR 7 YOAKUm 1

Totals: 235

300 -

200 -

100 -

0 -

PERMIAN BAsIN RIG COuNT TREND

‘03 ‘04 ‘05 ‘06 ‘07



Glenn Patterson

Operating onfaithandliving

onashoestring,

GlennPatterson

andCloyceTalbott

combinedtheirskills

andknowledgeof

drilling,rigsand

businessinthelate

1970s to form Pat-

tersonDrillingCo.

In the rst two years,theylost$800,000

andfouroftheir

sevenpartners.

Today,thecompanyknownasPatterson-UTIEnergy

Inc.ranksasthesecond-largestdrillingcontractorinthe

UnitedStatesandstepsuptotheleadspotwhenlooking

atthetotalnumberoffeetdrilled.Fortheirentrepreneur-

ship,skillandperseverance,PattersonandTalbotthave

beennamedco-recipientsofthePermianBasinPetro-

leumAssociation’sTop

HandAward.Thepairwill

behonoredattheTopHandBanquetJan.24,2008,

atthePetroleumClubin

Midland.

Thecompany,listedon

theNASDAQasPTEN,

remainsheadquarteredin

thesametownwhereits

doorsopenedalmost30

yearsago.Snyder,with

about10,000inhabitants,is

located 95 miles northeastof Midland. Oil has been

amajorfactorinSnyder’s

economyforhalfacen-

tury,datingbacktothelate

1940s when the Canyon

Reefwasdiscoveredin

ScurryCounty.

PattersonisaSnydernative,andTalbottgrewupnottoofarawayinMegargelsouthwestofWichita

Falls.DuringPatterson’shighschoolandcollegeyears,

heroughneckedduringthesummersandonweekends.

Afterearninghisbachelorofsciencedegreeinbusiness

fromAngeloStateUniversity,Pattersonstartedteaching

inSanAntonio.Talbottearnedabachelor’sdegreein

petroleumengineeringfromTexasTechUniversityand

went to work for Standard Oil in Monahans. In 1960,

hewastransferredtoSnyderandlaterworkedforTexas

InternationalCo.

ThetwomennotonlycrossedpathsinSnyder,butbecamebrothers-in-lawwhenTalbottmarriedPatterson’s

sister.

“I had always wanted to be in the drilling business,”

Talbottsaid.HebegantalkingtoPattersonaboutreturn-

ingtoSnyderandformingacompanywithhim.Patter-

sonrejectedtheidea.

ButTalbottwaspersistent.DuringThanksgiving

1977, Patterson gave in and told Talbott he was ready.

“Ilovedteachingschool,butwehadnomoney.I

2008 Top HPBPA to Honor Glen

Patterson-UTI Energy Inc.ranks as the second-largest

drilling contractor in theUnited States.



PBOil&GasMagazine

made $6,200 and had two kids,” he said.

Patterson Drilling was incorporated in 1978. Patter-

son served as president from 1978 to May 2006 and also

as chief operating ofcer from 1983 to May 2006, when

he retired. Talbott served as a director since 1978 and as

chief executive ofcer since 1983 with the title of presi-

dent added in 2006. He retired in September 2007.

The duo bought the company’s rst rig at Bowie.

“Itwasadecentrig,butitwasbuiltoutofusedparts

assomanyrigsare.Glennwentdownthereandputthe

rigtogether.WedrilledinVictoriaforawhileandmoved

it in 1979 to West Texas,” Talbott said. “We bought a sec-ond rig at the end of 1978. It was pretty much a junk pile,

but we xed it up and moved it to West Texas also.”

Lookingback,thetwomencanseetheyentered

thedrillingbusinessattherighttimejustasaboom

wasabouttotakethemonarollercoasterride.Butthe

rst two years were slow as they learned the industry.

In 1979, after losing almost $1 million and four part-

ners, the two renanced the company and started over.

“Then times got really good after that,” Talbott

Cloyce Talbott

d Recipientsterson, Cloyce Talbott

O the wells drilled in theUnited States in 2006 thatwere 8,500 eet or deeper,Patterson drilled 30 percent.

said.“Wedidwell

until 1982. We had

ve rigs then. The

seconddownturn

occurred in 1986. It

didn’tmatterwhat

youdidthen.Itwas

really,reallybad.

Wehad13rigsin

January 1986 and

$11millionworth

ofdebt.Wesoldoffeverythingwe

couldsellandgot

ourdebtdownto

$4 million. We really struggled.”

April 1989 brought Patterson Drilling its rst cash

ow in three years.

“Webegantoseesomelightattheendofthetun-

nel,” Talbott recalled. Friends in Snyder, Midland and

Odessa had loaned the men money to buy a third rig,

“andtheynevergotany-

thingoutofitexceptsome

ownershipinPattersonDrilling,” he said.

“WhenGlennandI

were looking at our nan-

cialstatementsinthelate

’80s and early ’90s, we

sawtherigsweregetting

more valuable,” he con-

tinued.“Wecoulddoone

oftwothings.Wecould

auctiontheserigsoffand

giveourbackerssomethingfortheirmoney,orwe

couldgopublicandhave

amarketplacewherethey

couldselltheirstockand

getsomethingoutoftheir

investment.”

Themenpursuedthe



R E s E R v A T I O N F O R M

TOP HAND RECEPTION AND TOP HAND AWARD BANQUETHonoring

Glenn Patteron & Cloce Talbott

Tursday, January 24, 2008T Ptrolu Club o midland

6:00 P.m.

Cost is $50 pr prson

NAme COmPANY TeLePhONe RemITTANCe

___________________________________________________________________

___________________________________________________________________

___________________________________________________________________

___________________________________________________________________

TOTAL ENCLOSED $ ___________________

mak ccks payabl to: Prian Basin Ptrolu Association (PBPA)Rit or and paynt to: P.O. Box 132, midland, Txas 79702

Or Fax (432) 684-7836

Reservation Deadline: Thrsda, Janar 17, 2008For more inormation, please call the PBPA ofce at 432-684-6345.

s P O N s O R s H I P F O R M

TOP HAND RECEPTION AND TOP HAND AWARD BANQUETye, I wis to b a sponsor o t PBPA’s Top handRcption and Top hand Award Banqut to b ld onanuary 24, 2008.

TABLE sPONsORsHIPsTop Hand Platinm $5,000

Top Hand Gold $3,000

Top Hand Silver $1,000

Cck is enclosd~ Plas Bill m~

Na: ______________________________________________________________Full Company Name – exact or sponsorship signs

mailing Addrss ______________________________________________________

ity ______________________________ Stat ________ Zip _______________

on Nubr _______________________________________________________

To nsur sponsorsip display rcognition,plas rit paynt by January10, 2008.

idea and took the company public in 1993, raising $5

million.Theywerebacktorunning13rigsandseeing

a prot.

“Welearnedquicklythatwhenyouraisemoney

fromthepublic,theyexpectyoutodosomethingwith

it,” Talbott said. “We started making acquisitions, buy-

ing Questar drilling in 1994. They had nine rigs.”

In2001,PattersonDrillingowned152rigs.That

February,PattersonmergedwiththeHouston-based

UTI,doublingitsrigsto302andgivingthetwoa

combinedmarketvalueof$2.6billionbasedontheir

respectiveshareprices,accordingtothe HoustonBusi-

nessJournal.“ThemergerwithUTIiswhatmadeusa

force in the U.S. drilling industry,” Talbott said.

Thecompanyadvertises345marketablerigsand

drillsmorethan40millionfeetofholeayear,accord-

ing to Talbott. Of the wells drilled in the United States

in2006thatwere8,500feetordeeper,Pattersondrilled

30percent.Patterson-UTIEnergyInc.’srigsarework-

ing in Texas, New Mexico, Oklahoma, Arkansas, Loui-siana,Mississippi,Colorado,Utah,Wyoming,Mon-

tana,NorthDakota,SouthDakotaandwesternCanada.

Thecompanyalsoisengagedinpressurepumping

services, drilling and completion uid services, and ex-

plorationandproduction.

Although the company has opened ofces in Hous-

tonandDallas,PattersonandTalbottpreferredtheSny-

der ofce as headquarters.

“The work ethic of people here is far superior” to

themetropolitanareas,theysaid.Computerandvideo

technologytodayallowsengineerstomonitorawell

beingdrilledthousandsofmilesaway.

Lookingbackatthecompany’searlydays,themen

laughed.

“GlennthoughtIknewalotaboutdrilling,and

Ithoughtheknewaboutit.Ihadbeenintheservice

business, but I didn’t know the demands of drilling,”

Talbottsaid.“Glennturnedouttobeoneofthebest

landoperationalpeopleinthedrillingindustry.Hebuilt

areputationthathecouldbetrusted.He’slikeagood

coach;Glenncouldgetpeopletogiveaboveandbe-

yond.”

Talbott,too,developedareputationasagoodman-ager.

“Itishardtoputintowordsthehighregardsand

respect we have for you,” noted one employee in refer-

encetoTalbott’sretirement.

Throughtheyearsoflearning,ofexpandingand

downsizing,ofaddingrigsandservicesandmoretech-

nology,themensaidsuccessboilsdowntooneword:

Luck.

“This business is still luck,” Talbott added with a

laugh. –ByLanaCunningham,SpecialCorrespondent



Serng p the entre Perman Basn maret n jst ne pbatn.Adertse n Permian Basin Oil & Gas Magazine.

Reach everyone in the Permian Basin with just one publicati

Contact Am Brittain

and get the most ot o

or advertising dollars.

325-673-4822, ext. 121

or [email protected].

September 2007

P e r m i a n B a s i n P e t r o l e u m A s s o c i a t i o n • w w w . p b p a . i n f o • 4 3 2 - 6 8 4 - 6 3 4 5

The Permian Basin Petroleum Association Magazine

A n n i v e r s a r y

I s s u e

A n n i v e r s a r y

I s s u e

The

PermianBasinonaSilverPlatter

The

PermianBasinonaSilverPlatter



PB Oil & Ga Magazine ACTIvITy REPORT

For t prpo of ti

pblicatio, Permian Basin

Oil & Gas, t Prmia Ba

Prodci Ara icld tmajority of t coti i

Railroad Commiio of T

Ditrict 7c, 8 ad 8a ad

sotatr nw Mxico

Map and reports on this andthe ollowing pages provided byDrilling Ino.



PBOil&GasMagazine

PERMIAN BAsIN OIL & GAs PERMITs FILED / OIL & GAs PRODuCING wELLs /OIL & GAs sPuD REPORTs By COuNTy September 2007

COuNTy PERMITs PRODuCING

sPuDs

FILED wELL COuNT

wEsT TEXAs


sPuDs

FILED wELL COuNT

NOLAN 7 1,306 0

PECOS 44 6,843 20

REAGAN 16 5,710 12

REEVES 2 1,317 2

RuNNELS 3 756 4

SCHLEICHER 7 1,256 4

SCuRRy 3 6,357 3

STERLING 13 2,445 1

STONEWALL 0 1,526 0

SuTTON 55 5,397 45

TERRELL 3 619 3

TERRy 0 1,762 0

TOM GREEN 4 991 4

uPTON 28 6,010 31

WARD 8 6,478 6

WINkLER 3 4,814 1

yOAkuM 9 6,978 5TOTAL 412 164,513 288

ANDREWS 13 13,195 12

BAILEy 0 0 0

BORDEN 5 1,293 0

COCHRAN 0 4,619 0

COkE 0 951 2

CONCHO 7 451 4

CRANE 23 9,368 10

CROCkETT 23 8,491 21

CROSBy 0 583 3

CuLBERSON 1 285 0

DAWSON 4 2,436 3

DICkENS 5 282 3

ECTOR 19 14,096 9

FISHER 3 943 0

GAINES 5 7,039 12

GARzA 3 3,358 4

GLASSCOCk 1 2,380 3HOCkLEy 5 8,418 2

HOWARD 5 6,746 4

HuDSPETH 0 0 0

IRION 9 2,336 7

JEFF DAVIS 0 0 0

kENT 3 974 2

kING 9 1,012 3

LAMB 0 220 0

LOVING 3 1,228 7

LuBBOCk 0 750 0

LyNN 2 173 0

MARTIN 32 2,793 16

MIDLAND 11 5,391 5

MITCHELL 16 4,137 15

* Indicates information not available

sOuTHEAsT NEw MEXICO


sPuDs

FILED wELL COuNT

CHAVES 13 2,115 *

EDDy 59 10,800 *

LEA 41 13,725 *ROOSEVELT 1 250 *

TOTAL 114 26,890 *

SEPT. TOTAL 526 191,403 288

PERMITs PRODuCING

sPuDs

FILED wELL COuNT




700 -

600 -

500 -

400 -

300 -

200 -

100 -

0 -

1 0

/ 0 6

1 1

/ 0 6

1 2

/ 0 6

1

/ 0 7

2

/ 0 7

3

/ 0 7

4

/ 0 7

5

/ 0 7

6

/ 0 7

7

/ 0 7

8

/ 0 7

9

/ 0 7

350 -

300 -

250 -

200 -

150 -

100 -

50 -

0 -

196.000 -

195,000 -

194,000 -

193,000 -

192,000 -

191,000 -

190,000 -

189,000 -

188,000 -

187,000 -

186,000 -

PERMIAN BAsIN OIL & GAsPERMITs FILED By MONTH

PERMIAN BAsIN OIL & GAssPuD REPORTs FILED By MONTH

PERMIAN BAsIN OIL & GAs

PRODuCING wELL COuNT By MONTH

1 0 / 0 6

1 1 / 0 6

1 2 / 0 6

1 / 0 7

2 / 0 7

3 / 0 7

4 / 0 7

5 / 0 7

6 / 0 7

7 / 0 7

8 / 0 7

9 / 0 7

1 0 / 0 6

1 1 / 0 6

1 2 / 0 6

1 / 0 7

2 / 0 7

3 / 0 7

4 / 0 7

5 / 0 7

6 / 0 7

7 / 0 7

8 / 0 7

9 / 0 7




PBOil&GasMagazine

Remembertheoldline,“I’ll

havemypeopletalktoyour

people?” It was a phrase probably

popularizedinHollywoodbymov-

iemogulstryingtotouttheirown

self-importance.

Intoday’sbusinessenviron-

mentofrapidlychangingtechno-logicaladvancements,however,

thenewcatchphraseneedstobe:

“I’llhavemysoftwaretalktoyour

software.”

Howdoesoneknowwhat

softwareisrightforacompany?

Theoptionsareseeminglyendless.

Sometimes, it is hard to nd the

answerbecauseonemaynoteven

knoworunderstandthequestion.

“Whendataisdirectlyconnect-edtotheproduct,youarenotman-

agingdatasoyouhavetimetoask

the right question,” claimed Betsy

Palkowsky,marketingmanager

forIHS,whichpurchasedGeoPlus

Petrain2006.Petraisknownas

oneoftheindustry’smostpopular

PCsoftware,integratinggeologi-

cal,engineeringandpetrophysical

analysisalongwithseismicinter-

pretationanddisplaytools.

PermianBasinOil&GasMag-azineaskedPalkowskyandtwo

other experts in the eld of oil and

gasdatasoftware–PhilippeFlichy,

vicepresidentofbusinessdevelop-

mentforHouston-basedMerrick

Systems,andRandyKrall,presi-

dentandfounderofWellkeeper,

Inc.,inAlbuquerque–togivetheir

adviceinpickingtherightsoftware

tomeetvariedneeds.

Software Advances

May RevolutionizeOil PatchIntegrationofdifferentsoft-

wareisthekey,accordingtoall

three.

“Choosingsoftwaretocom-

pletejustonejobcanleadtoprob-

lems,” Flichy said. “You have to

thinkaboutthelargerimplementa-

tions,theinteractionwithothersoftware.Thatisthekey,butitis

notalwayseasy.Youhavetothink

aheadtointegrateallyourcommu-

nication and software.”

Flichyhasextensiveexperi-

encewithinformationtechnology

(IT) integration management. He

contributedtoSchlumberger’s

“Digital Solutions” cross-segment

startup,leadingtothatcompany’s

new “e-eld” in-house initiative.

FlichythenjointlystartedGloba-

Logix,anoilandgasstartupinthe

e-eld service sector. Most recently

hejoinedMerrickSystems,anup-

streamoilandgassoftwarecompa-

ny,asvicepresidentwherehisgoal

istoexpandthestrategicaspectsof

thecompany’srapidgrowth.Hecontendedthatacquiring

data from the eld is “very impor-

tant in the Permian Basin.”

“Withoutthedata,alotof

software makes much less sense,”

Flichyexplained.“Withoutdata,

thereisnoneedforsoftware.With

that data from the eld, now much

canbedoneinreal-timeopera-

tions.”

Flichythencorrectedhimself



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and said “real time” is a false im-

age. He noted “real time” actually

impliessubmillisecondreadings,

sohepreferredtocallthedatathat

is now available from the eld as

“right time.” He said the challenge

istothenintegrateit.

Sensorsatthewellsite,ac-cordingtoFlichy,cannowassess

temperatures, pressures, uid lev-

elsandamyriadofothermeasure-

ments.Byhavingthatinformation

sent in “right time” to integrated

computerapplications,hesaid

problemscanbeavertedorquickly

corrected.

“Now,thepersonmaintaining

thewellsitecanbegoingsome-

wherewiththelikelyequipment

needed to x the problem, rather

than just making a milk run,”Flichysaid.“Withoutthisinfor-

mation,iftheproblemhappened

inthemiddleofthenight,inthe

worstcasescenarioyoumightnot

even know you have a problem.”

Byhavingcommunicationof

that data from the eld available to

everyoneinthecompany,itelimi-

natestheamountoftimeemploy-

eesspendontheroad,accordingto

Flichy.

“It is more cost effective,” he

continued.“Lesswindshieldtime(time on the road) means fewer

accidentsandlessdowntime,es-

peciallyifinterventionsarewell

scheduledtotakeadvantageofone

visittoincludeextra-preventive

maintenance.

“Itischangingthewaybusi-

nessisdone.Bycollectingand

distributing the data to ofces, ev-

eryoneissharingthesamevision.

Everyoneislookingatthesame

thing,andtherecanbeabettercol-laboration.Sharingtheinformation

issharingtheresponsibilitiesto

x issues and optimize production.

Even the people in the eld like it

becauseithelpsthemmakesense

of what they are seeing.”

Flichysaidintegratedopera-

tions,forexample,cangiveopera-

torsa“muchbettercollaboration

withalltheexpertsfromproduc-

tionengineerstoreservoirengi-neers.”

“Youcanintegratethedata

withthereservoiranalysismodel

tohaveabetterunderstandingof

how the reservoir is behaving,” he

added.“Italsoreducesthetimeof

non-production.At$80perbar-

rel,itmakessense.Atthesame

time,somepeoplemaygiveupthe

incentivetomodernizethesetup

becauseat$80perbarreltheincen-

tiveistoproduceasmuchaspos-siblewithoutworryingaboutthe

future.”

KrallagreedwithFlichythat

integrating data from the eld with

acompany’sothersoftwareiscriti-

caltothesuccessofanoperation.

“Thereareallkindsofsoft-

ware,fromaccountingtoregula-

toryreportingtobusinessappli-

cations,” he said. “Our company



PBOil&GasMagazine

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Ou r 30 t h Y e a r!

197 7-2 0 07

(Wellkeeper Inc.) works speci-

callyinremotemonitoring.There

aredifferentwaystodoremote

monitoring,butourprimarymeth-

odistoprovidedataoveraWeb

browser.Wecanprovidesoftware

tosenddatabytextmessage,by

telephoneorbyfax.ButourcorewayisontheInternet.Theability

todeliverthatinformationonthe

Internet is much more powerful.”

LikeFlichy,headvisedcom-

paniesto“takeahardlookatinte-

gration (of software).” Krall said

islandsthatdon’tcommunicatede-

featthepurposeofremotemonitor-

ing.Heemphasizedthatsoftware

mustcommunicatewitheachother.

Krallsaidremotemonitoringis

reallycomprisedofthreecompo-nents.First,thereisthemeasuring

ofthedatawithsensors.Second

isthecommunicationofthedata.

Andthird,thereisthepresentation

ofresultstotheuser.

“Thatmiddlepiece,commu-

nication,iswherechangeseemsto

be happening most frequently,” he

said.

KralljokedthathelivesinAl-

buquerquebutworksinMidlandsincehespendssomuchtimein

thePermianBasin.Hesaidnew

cell towers are a benet in the oil

patch,but,asaperfectexampleof

thecommunicationproblem,he

lostcellserviceduringourinter-

viewforthisstorywhilehewas

drivinginaremoteareaofthe

PermianBasin.

“Buttheoilpatchisget-

ting more and more connected,”

hesaid.“Somedaytherewillbebroadbandserviceintheoilpatch,

whichwillmakecommunication

even more efcient.”

FlichysaidMerrickSystems

is offering Hestia, a eld-secured

managedcommunicationnetwork

thatwillsolvethecellphonecover-

ageissue.

“Notonlyisthenetworkde-

ployed to the need of the client,”

hetouted,“butitistotallysecured

andfeaturesafullTCP/IPinfra-

structurewithscalablebandwidth.

Itisanunparalleledofferinthe

industry.”

Krallsaidhavingthedata

fromremotemonitoringcan

changethewayanoperatordoesbusiness.

“Wecantellthepumperwhere

he needs to go rst, how to priori-

tize driving,” he said. “Our product

allowsthepumpertospendmore

timesolvingproblemsandless

timedriving.Thatisimproving

production and cost savings.”

Askedforexamplesofwhat

theWellkeeperInc.’ssoftwarecan

doforanoperator,Kralloffered

thefollowingscenario:“Let’ssayyouaremonitoringatanklevel,

andyouhavea3-inchincrease

everyday.Thenonedayyouhave

noincrease.Youimmediately

knowyouhaveaproblemonone

well.Itmightbeacowhaschewed

throughacable,butthesooneryou

know,thebetter.Compressorsare

famousforstalling–notbreaking,

butnotrunning.Bymonitoringthe

compressor,thepumpercanrestart

thecompressorandsavelostpro-

duction.”

Anotherapplicationofhis

company’ssoftware,accordingto

Krall,isbalancingthecheckmeter

andthesalesmeter.

“If you have a signicant gas

well,youcanhaveyourownmeteron site,” he explained. “If there is

animbalancewiththepurchaser’s

meter,youcantellimmediatelyon

theWebsite.Therearealotofin-

teresting aspects. Of course, every-

thingthatcanbemeasuredcanalso

bealarmed.Wecangetpeopleout

ofbedinthemiddleofthenightto

prevent spills and overows.”

Surprisingly,Krallsaidthat

alargepercentageofwellsand

remotelocationsdon’thavemoni-toringequipmentonthemwith

theabilitytosendthatdataback

to ofces and integrate with other

software.

“Labor is scarce,” he said. “We

can make operators more efcient.

Allthingsarebecomingmore

expensive,butcommunicationis

becoming less costly.”

Palkowskyclaimedanintegrat-

edproduct,suchastheonedevel-



Havepipe.

Willdeliver.

Midland Ofce: 432-682-5084

Trucking: 432-620-8400 • Pipe Yard: 432-520-PiPe

opedbyPetra,canbeatremendous

assettoacompany,allowingateam

ofgeologists,productionengineers,

petrophysicists,reservoirengineers,

geophysicists,geosciencetechni-

cians,projectmanagers,interpreters,

businessanalystsandotherenergy

professionalstoalllookatthesameinformation,

“Our industry is becoming a

more team-oriented environment,”

sheadded.“Twentyyearsago,itwas

us versus them.”

PalkowskysaidPetra’ssoftware

offersahighlyintegrateddatabase,

allowinguserstoloadfromhun-

dreds of sources and le types.

“Itcanhaveover100,000wells

per project,” she continued. “You

candolargeregionalstudies.Ithasarobustmappingfunctionalityfor

well logs.”

Notonlydoesitprovideadata-

baseandmappingcapability,Petra

cantakepaperwelllogsandscan

themdigitally.Itssoftwarecanalso

editstructuralandstratographic

crossplots,offercustomcalculation

andmulti-wellanalysis,provide2-D

and3-Dinterpretation,anddode-

clinecurveandproductionanalysis

andreservoirdrainagecalculations,

allinoneinterfaceonapersonal

computer.

“Itisahugemarket,anditcon-

tinues to grow,” said Palkowsky,

notingthatPetrabeganitssoftware

in 1999 with a special emphasis on

usebysmalleroperators.ShesaiditspurchasebyIHSin2006allowed

Petratoleverageitsinterpretation

withIHS’vastdataresources.

“I’veneverseentheusercom-

munitysoenamoredwithaprod-

uct,” Palkowsky claimed. “They

love it.”

Sowhatelseisnewinoiland

gasdatasoftware?FlichysaidMer-

rickSystemsisworkingonanum-

berofnewthings,includingMer-

rick’s OVS (One Virtual Source),which is an engineering workow

anddataintegrationsystemthatlets

userssharedatafromavarietyof

systemsandsources.

“Itcangraspdataoutofadata-

basewithoutinfringingonthesoft-

ware,” he explained. “It pushes that

dataintoothersoftwaresoengineers

have a view of what is happening.”

Anotherexampleissoftware

thatcantakehistoricaldataand

pushitintosurfaceoptimizationdata

softwareandcollatewithproduction

data,Flichysaid.

Merrick is using RFI (radio fre-

quency identication) tags, similar

tobarcodesusedtoscanitemsina

grocerystore.Merrick’sRig-Hand

systemsincludestagsforvirtuallyanysurfaceordown-holepieceof

equipment,givingoperatorstheabil-

itytoknowwhat,whereandhow

everycomponentwasmanufactured,

inspectedandused.

“Automationisonlypartofthe

solution to data gathering,” Flichy

explained. “Some eld observa-

tionsarevisual,auditive,orofsome

typeofnon-digitalformat.Merrick

SystemsproposeseVIN-Pocket

PC and PC-based eld data capturedesigned for simple, efcient entry

ofdailyproductionreadings.To

complement, there is DynaCap-Op-

erationsandproductiondatacapture

that offers users the exibility to

congure and capture objects and

specic data elements. These of -

feringscanalsocomplementau-

tomationdatagatheringforsome

unequipped wells.”

FlichysaidMerrickSystemsisalsoworkingonaprojectwith

theUniversityofWestVirginiathat

mixes articial intelligence with data

monitoringandstatisticalinforma-

tion.

“Itobservesasetofdataand

denes patterns,” he touted. “An

applicationisthatitcanoptimizea

drillingscheduleandtellyouwhere

todrillthenextwell.Itrunsthings

faster.”

Softwarethatcaninterfacewithother software in “real time” or

“right time,” providing key data for

everyoneinthecompanytoobserve

andanalyzeviatheInternetisrevo-

lutionizingtheoilpatch.

“Mypeoplegettingwithyour

people” is no longer required since

bothpartiescannowlookatthesame

informationatthesametime. –ByAlPickettSpecialCorrespondent



PBOil&GasMagazine

Actiity At-A-glacTheNo.6414CogdellCanyon

Reef eld unit, 14 miles northeast of

SnyderinScurry County,wascom-

pletedbyOccidental Permian.It

produced14barrelsof41gravityoil

and 391 barrels of water.

H

InBorden County the No. 75-A

T.J. Good in the Jo-Mill eld which is

16milessouthwestofGailwascom-

pletedbyApache Corporation.The

well produced 88 barrels of 38.9 grav-

ity oil and 94 barrels of water.

H

The No. 1A-527 Miller in Hood

eld, 14 miles northeast of Gail in

BordenCounty,wascompletedby

Sinclair Oil and Gas.Itwascom-

pletedtoproduce22barrelsof34.1

gravityoiland53barrelsofwater.

Sinclair Oil and Gasalsocom-

pleted the No. 2A-527 Miller also

locatedinHood feld.Thiswellwas

completedtoproduce5barrelsof34.1

gravityoiland14barrelsofwater.

H

InKent County, ve miles

southwestofJaytonattheWallace

Ranch Northeast eld, Cholla Pe-

troleum Inc.completedtheNo.1KMan.Thewellproduced18barrelsof

40gravityoiland126barrelsofwater.

H

FivemilesnorthwestofPost,Ci-

marex EnergycompletedtheT225-

S North Huntley eld unit. It was

completed to produce 24 barrels of 37

gravity oil and 592 barrels of water.

Cimarex Energyhasalsocom-

pletedtheNo.453Westbrooksouth-

east eld unit four miles northwest of

WestbrookandtheNo.132Westbrook

southeast eld unit, also four miles

northwestofWestbrookbothlocated

inMitchellCounty.TheNo.453was

completedtoproduce161barrelsof

25.3gravityoiland250barrelsof

water.TheNo.132wascompletedto

produce46barrelsof25.3gravityoil

and150barrelsofwater.

H

Permian Bain

NEws REvIEwsTenmilesnorthwestofBig

SpringinHowardCounty,OGX Re-

sourceshascompletedtheNo.1-28

Guitar in the Sprayberry eld. The

wellproduced45barrelsof34gravity

oiland140barrelsofwater.

H

TwomilesnorthofCoahoma,Unit PetroleumcompletedtheNo.1

J.D. Spears in the Signal Peak eld in

HowardCounty.Thewellproduced

13 barrels of 36.7 gravity oil and 135

barrelsofwater.

H

Thirteenmilessouthwestof

WestbrookinMitchell County,

Crowquest Operatingcompletedthe

No. 507 Mary Foster in the Iatan East

Howard eld. The well produced 25

barrels of 31 gravity oil and 378 bar-relsofwater.

RRC At-A-glacTheCommissionissuedatotal

of2,234 original drilling permits

in August 2007 compared to 1,865

inAugust2006.TheAugusttotalin-

cluded1,880permitstodrillnewoil

andgaswells,120tore-enterexisting

wellbores,and234forre-comple-

tions. Permits issued in August 2007

included 290 oil, 570 gas, 1,252 oil

and gas, 97 injection, zero service,

and25otherpermits.

In August 2007, operators report-

ed 334 oil, 529 gas, 54 injection, and

threeothercompletionscomparedto441oil,815gas,30injection,and

zeroothercompletionsduringAugust

2006.Total well completionsfor

2007 year-to-date are 9,461 up from

8,768 recorded during the same pe-

riod in 2006. Operators reported 529

holes pluggedandthree dry holesin

August 2007 compared to 544 holes

pluggedand14dryholesinJuly

2006.

AsofpresstimetheRRCwas

processingstandard permits in 25business daysandexpedited per-

mits in four business days. –CompiledbyBeckyFrost

Editor’s Note: Newsreviewsaretaken

fromnewspaperarticlesthatcoveroil

andgaseventsinthePermianBasin

andfromtheRailroadCommission’s

Website.Wewelcomeyoursubmis-

sions.Pleasesendyourinformationto

[email protected].



MAXIMIZE EXPOSURE

Michael Baker Business Development Manager

North & East TX/LA/MS

Permian Basin

432.219.8777

Cell: 972.898.5358

Fax: 432.363.8580

[email protected]

amarillo houston dallas ft. worth midlandoklahoma city denver miami calgary

The Continuous

Oil & Gas

Property

Marketplace

10,000 registered bidders

90% Close Ratio

fierce Competition

Maximum Value

INVESTMENTS IN OILAND GAS PROPERTIES INVOLVE SUBSTANTIALRISK, INCLUDING THE POSSIBLE LOSS OF PRINCIPAL member NASDAuctioneer William W.Britain TX Auctioneer LicenseAUCTNR000131 36

$1.5 Billion Bid Allowance

Americans burn 490 million

gallonsofgasolineanddieselevery

dayandimport65percentoftheoil

usedtomakethoseproducts.World-

wideenergyconsumptionisexpect-

edtoincrease40percentinthenext

25years,andwidespreadadoption

ofalternativeenergysourcesisde-

cadesaway.BecauseAmericawill

needtorelyonenergythatcomesfromnaturalgasandoilforthefore-

Undeveloped Oil, Gas Resources Key to UB Eliabeth Ames Jones

seeablefuture,theenergylegisla-

tionpendinginCongresscouldbe

disastrousforourcountry.

If this legislation is nalizedandsenttoPresidentBushaspassed

bytheHouse,itcouldhurt,not

help,Americabybuildingbarriers

toproductionofdomesticenergy

supplies.Inthefaceofexpanding

globaldemandforenergy,thisleg-

islation dees logic.

America’sundevelopedoiland

gasresourcesshouldbeconsidered

ourgeneration’svictorygarden

inthefaceoftoday’sstruggleto

maintainenergysecurity.Innovativetechnologyisbringingonlineoil

andgasproductionfromheretofore

noncommercialandunconventional

geologicalreservoirs.Suchtechnol-

ogyisonthevergeofunleashing

vastnewsuppliesofoilandgas.

Itstandstoreasonthatarational

andresponsiblefederalgovernment

wouldcraftenergypoliciesthat

nurturethegrowthanddevelopment

ofthisexcitingpotentialenergysupply.YetCongressisslamming

thedoorondevelopmentoflarge

domesticreservesofhydrocarbons.

This is not the rst time that

anti-oildemagogueryhasproducedmisguidedlegislation.Today’s

rhetoricisanechoofwhatweheard

in the late 1970s. Cries for wind-

fall-prots taxes and price controls

ledtomisguidedpoliciesthenand

squelchedanycoherentenergypol-

icydiscussion.Weshouldn’trepeat

thosemistakes.

ForAmericatoachieveenergy

stabilityandsecurity,federalpolicy-

makers must cast off ‘70s thinking

andlearnfromtherecentexperienc-esofenergy-producingstatessuch

asTexas.Aneweraofoilandgas

explorationhasbegun.Technologies

suchashorizontaldrillingrequire

only a fraction of the “footprint”

onceusedforwellsites.Usingbest

practices,drillingandproduction

todayaremuchcleanerandfarmore

efcient than in the past.

TheTexasRailroadCommis-

sionhasoverseenoilandgasexplo-ration in the state for more than 90

years.Texas’energypolicies,crafted

overdecades,encouragetheuse

ofadvancedtechnology.Thestate

recognizestheimportanceofaccess

toprivateandstate-ownedlands

andacknowledgestherolethatrisk

playsindrillingprospects.

Strictenvironmentalrulesand

targetedtaxcreditsfordrillingin

hard-to-reachreservoirsaretools

thathavekeptTexasthenation’stopproducerofoilandnaturalgas.

Important new gas elds have been

developedinareasthatgeologists

onceconsideredgoatpasture.The

shiningstaristheBarnettShale

play,a16-countyswathofnorth

CentralTexasthatincludesDal-

las-FortWorthInternationalAirport

andthesurroundingcommunities.

Advancedexplorationtechniques

Railroad Commission o Texas MemberElizabeth Ames Jones



PBOil&GasMagazine


TRAINING & EDuCATIONCALENDAR

nergy Stabilityhavetransformedthisoncemar-

ginaltrendintoagiant.TheBarnett

Shale,whichproduces1.5billion

cubicfeetofnaturalgasaday,maybecome the largest natural gas eld

inthecountry.Similarly,increased

demandhasgeneratedinterestin

usingtechnologytobringmature

oil elds back to life.

EnergydevelopmentinTexas

hasbeenachievedmostlyonpri-

vatelyownedproperty.Whycan’t

ourfederallandsbeusedasproduc-

tively?TheArcticNationalWildlife

Refugemayofferoilreservesofas

muchas16billionbarrels,whichiscomparabletotheworld’slargest

oil elds. Even though the environ-

mentalimpactwouldbeminuscule,

Congressinsistsonkeepingthe

refugeandotherpotentialdomestic

resourcesoff-limitsandignores

thefactthatmodernexploration

techniquescouldlimitdrillingin

therefugetoa2,000-acrefootprint,

ornotevenhalfof1percentofthe

refuge’s 19 million acres. Similarly,

America’svastoffshoreoilandgas

reservesintheoutercontinental

shelfremainmostlyofflimitsto

exploration,butsuccessfulwells

wouldproviderevenuethatcould

beusedtofunddevelopmentof

alternativesourcesofenergyfor

decadestocome.

Our country’s energy dependen-

cymakesusdangerouslyvulnerable

ineconomictermsandcompromis-

esournationalsecurity.Publicpoli-ciesthatsupportratherthanimpede

effortstoincreaseresponsibledo-

mesticproductionarewhatAmerica

needstoretakecontrolofitsenergy

lifebloodfromroguedictatorsand

bananarepublics. –ElizabethAmesJonesisamemberand

immediatepastchairmanoftheTexas

RailroadCommissionwhichregulatesthe

state’soilandgas,propane,mining,and

intrastatepipelineindustries.

ANNOuNCING PLANS FOR THECO2 CONFERENCE WEEk December 3-7, 2007

The 5th Annal EOR Carbon Management Worshop– Dallas, Texas

Workshopbeginsat11:30amattheOmniMandalayHotel(OMH)intheLas

Colinasarea,Irving,Texas.Theeventwillalsobevideo-conferencedtotheCO2Flood-

ingaudienceinMidland,Texas–heartofthePermianBasinandits54CO2oods. The

video-conferencevenueinMidlandisthePetroleumProfessionalDevelopmentCenterat

221N.MainStreetindowntownMidland.• Apre-eventseminarisbeingplannedforMondaymorningattheOMHentitled“The AnatomyofaCommercialCarbonCaptureandStorageProject:AHypotheticalCO

2

EOR/CCSDealDesignedfortheYear2012.”

• TheWorkshopKickoffLuncheononMonday,Dec3,2007(attheOMH)withKeynotespeakerChairmanoftheBoard,PresidentandCEOMichaelMorrisofAmerican ElectricPower(11:45am-1:00pm)

• TechnicalSessionIonMondayDec4from1:00pmto5:00pm(attheOMH)will

featureupdatesonNorthAmericancarbonmanagementinitiativesandresearch• EveningReceptionhostedbyDenburyResourcesattheOMHfrom5:30pmto7:30pm

• TechnicalSessionIIonTuesdayDec4thfrom8:00to12:00(attheOMH)featuringupdatesonworldwideCO

2sequestrationdemonstrationprojects

• LuncheononTuesday(attheOMH)withaguestspeakerTBA(11:45am-1:00pm)

• TechnicalSessionIIIonTuesdayDec4thfrom1:00-5:00pm(attheOMH)featuringFutureGen, carbon sequestration partnership projects and commercial gasication projects

Workshop Ends: 5:00 pm, Dec 4th

The 13th Annal CO2Flooding Conerence,

Midland, Texas

Wednesday, December 6th

ConferenceOpensat8:00amattheMidlandCenter(MC)inDowntownMidland

withthe14thinaseriesofCO2FloodingShortcoursesplannedforadurationofeight

hours.Thisyear’sshortcourseisdevotedtothegeologicfactorscontrollingCO2injection

inEORandCCSapplications.

Simultaneouswiththeshortcoursewillbetheever-popularCO2eld trip scheduled

todepartat10:30Wednesdaymorning.ThevenueistobeWhiting’sNorthWardEstes

ood and CO2handlingfacilities.ThetripisdesignedforboththeCO

2ooding and CO

2

sequestrationaudiencesandisexpectedtoreturntoMidlandnolaterthan5:30pm.

NoeveningactivityisplannedforWednesday

Thursday, December 6th

CO2FloodOperationsTechnicalSession1onDec6thfrom8:00–11:30am(at

theMC)andfeaturesoperationallyorientedpresentationsbycompanieswithongoing

CO2projectswithanemphasisonbestpracticesinuseattoday’sCO

2oods

LuncheonandKeynoteSpeech(SpeakerTBA)onThursday,Dec7thfrom11:45

–1:00pm(attheMC)

CO2

FloodingTechnicalSession2onThursday,Dec6thfrom1:15–4:45pm(at

theMC).Presentationswillemphasizetheperformanceofon-goingCO2oods.

EveningReceptionatthePetroleumMuseum,Midland,Texasfrom5:30pmto

7:30pm

Friday, December 7th

CO2FloodingTechnicalSession3onFriday,Dec7thfrom8:00–12:00noon(at

theMC).Companieswillbeprovidingcasehistorypresentationsofon-goingCO2oods.

LightLunchAvailablefrom12:00-1:00pm(attheMC)

Conference Ends: 1:00 pm Dec 7th

AirlinesservingMidlandareAmerican(DFW,Dallas-Ft.WorthRegional)andSouthwest(LoveField).AttendeesshouldnotethatSouthwestAirlinesservestheMidlandairportwith six ights per day from Love eld in Dallas. Flights to and from Houston, El Paso,

Albuquerque and Phoenix are also available. The ights are Boeing 737 jet service.



Pipeline and ProcessEngineering (In cooperation

with knowledge Reservoir)(PTRT2005)Instructor: IvorEllul,Ph.D

Course #G012071Q

Date & Time:November12-14,

Monday-Wednesday,8:00am-5:00pm

Fee:$1,200;OutofState,$1,225

Location:MidlandCollegePPDCBuilding,105W.Illinois

Thiscourseincorporatesallelementsofhydro-carbontransportationfromthewellheadtothe

buyer.Assuch,itdealswithsingleandmulti-

phasetransportationandthetoolsassociatedwithmodelingsuchphenomena.Elementsof

processingareaddressedcoveringthetreating

andconditioningofcrudeoilandgasstreamsto preparethemfordeliverytothemarket.

The Oileld rom Planningto Plgging (PTRT2015)

Instructor:T.E.GillCourse#G002071Q

Date & Time:November13-14,Tuesday-Wednesday,8:00am-5:00pm

Fee:$290;OutofState,$315

Location:MidlandCollegePPDCBuilding,

105W.Illinois

Thisbasiccourseprovidesanoverviewofall

phases of oileld operations. The person will be

introducedtoleases,geology,drilling,com-

pleting,andproducingwells.Theclassisideal

fornon-technicalpeoplewantingtolearn“the

big picture,” to broaden their oileld knowl-

edge,andtolearnthevalueandimportance

of methods used in the oileld. Topics include:

FindingtheProspect,LeasingtheLand,Drill-

ingtheWell,LoggingandTesting,Casing

andCementing,CompletingtheWell. This

program has been accredited for 10 RL/RPL

continuing education credits, 10 CPL recer-tifcation credits, which includes 0 CPL/ESA

recertifcation credits and 0 Ethics credits,

for a total of 10 credits.

PHDWIN (ITSW1058)Instructor:CeliaPayne

Course #G016071Q

Date &Time:November13-14,

Tuesday-Wednesday,8:00am-5:00pm


Location:MidlandCollegeAbell-Hanger

ScienceFacultyBldg.,Room175,3600

N. Gareld

PHDWin™isafull-featuredeconomicand

declinecurveanalysisprogramthatrunson

Microsoft™Windows™operatingsystems.

PHDWinprovidespowerfulandcost-effective

productiondeclinecurves.Thispowerfulpro-

gramintegratesinteractivedeclinecurveand

materialbalancegraphicswithoneofthebest

economicenginesintheindustry.

PB Oil & Ga Magazine TRAINING & EDuCATION CALENDAR

Managing Scer Rod Lit Well Failres (PTRT2010)Instructor:KentGantz

Course # G009071Q

Date & Time:November15,Thursday,8:00am-5:00pm



105W.Illinois

This class is designed for oil eld foremen, well

sitesupervisors,andanyothersinterestedinreducingthefrequencyandcostofwellequip-

ment failures in order to improve their prot

margins.Discussionwillincludeexamplesfromasuccessfulwellfailuremanagementprogram;

understandingbasicwellfailurecausesincluding

suckerrods,tubingandrodpumps;schedulingrepairsormaintenance;andpreventiontech-niquessuchascorrosioninhibitionandothers.

Oileld Remedial andStimlation Wor andRecord keeping (PTRT2005)Instructor:T.E.Gill

Course #G003071Q

Date & Time:November15,

Thursday,8:00am-5:00pm



105W.Illinois

Thisbasicone-daycourseisasupplementtothe

course, “The Oileld – From Planning to Plug-ging,”butitisalsoappropriateforthosepeople

whowanttobroadentheirknowledgeinthesear-

eas.Thecoursewillcoverthereasonsfor,descrip-

tionof,proceduresused,andterminologyusedinoileld remedial and stimulation work. It will also

coverthefollowingtypesofrecords:productionanddataplots,wellhistories,well-boreschematicdiagrams,abbreviations,anddatafromremedial

andstimulationwork,wellproblemsandfailures.

Attendeeswilllearnhowtopreparewell-borediagramsandwellhistorysummaries.

PetroSills: Beam Pmps(ENGG1091)Instructor: Dr.JamesLea

Date & Time: November26-30,

Monday-Friday,8:00am-5:00pm

Fee: $2,675; To register contact:

www.petroskills.com or call 1-800-821-5933. Fee is paid directly to

OGCI.

Location:MidlandCollegeAdvancedTechnologyCenter,BTC,3600W.Cuthbert

Avenue

Thiscoursewillallowtheusertobecomefamil-

iarwiththesystemandwhenitshouldbeused.

Studentslearnhowtocomparetoothersystemstoselectthebestsystemforagivenwellwhether

itbebeampumpingoranothermethodoflift.

Designandanalysiswillbedoneusingadvancedcomputer programs. Some lms will be shown,

mostlyillustratingeithernewproductsorbest

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PBOil&GasMagazine

Blurock enry Capital, Ltd. .....................7

Cancllor Intriors.................................22

Coat Copany, Inc. ..............................9

DCP midsstra .....................................12

Drillin Ino ............................................20

DRm Copanis ....................................26

eC Oilfld equipnt & Supplis ..............2

enryNt ..............................................28

enrtia Sotwar .....................................27

exprss Prsonnl .....................................9

gIANTS Lnds o tOil & gas Industry .............................24

Ky enry ............................................10

maclasky Oilfld Srvic, Inc. ...............25

Nobl Royaltis ......................................BC

NupiAricas, Inc. .................................22

Prir Auctionrs Intrnational, Inc. .....14

Production Lit Systs, Inc. .......................8

Proptro Srvics, Inc. ............................15

Suño dl mar .......................................30

Txas Crazy ...........................................23

Warrn equipnt Copany ....................5

PBPA

Calendar

of Events

ADvERTIsING INDEX

November 15PBPA Board oDirectors11:30 a.m.Petroleum Club

Janar 24, 2008Top Hand Banqet

For qestions abot calendaritems, contact Ben at the PBPAoce at 432-684-6345 [email protected].

R e m i n D e R

Please submit your calendar items to

[email protected] by the 5th of each month

to appear in the following month’s issue.

The deadline for January 2009 calendar

items is Dec. 5.

practices.Attheendofthecoursetheattendee

willknowthebestapplicationsforbeampumpsandwhatratescanbeproducedfromagiven

depth. The user will know how to combat specic

problems with specic equipment used in the

system. The user will know what power efciency

is, how to design a system with high efciency,

andhowtoanalyzeasystemtodeterminethe

current efciency.

Coiled Tbing Applications(PTRT2010)Instructor: JeffHarris

Course #G006071Q

Date & Time: November29,

Thursday,8:00am-5:00pm


Location: MidlandCollegePPDCBuilding,

105W.Illinois

Thiscourseisintendedforengineers,engineering

technicians, eld personnel or anyone interested in

the history, applications and benets of coiled tub-

ing.StudentswilllearnthekeyelementsofaCT

Unit,theworldwidebusiness,thetubingfromtherawmaterialstoalternativestocarbonsteel,and

applicationsincluding:workoverandcompletion,

drilling,pipelineandpermanentinstallation.

Oil and Gas Financials orNon-Financial PeopleInstructor:Dr.LindaNichols,TexasTech

University

Course #Pending

Date & Time:November29,Thursday,8:00am-5:00pm



105W.Illinois

Well Control School -Drilling/Worover (WellCAP)(PTRT2010)(Course approved by IADC - International

Association of Drilling Contractors)

Instructor: LarryChapman,

ChapmanandAssociates,Inc.

Course #G023072Q

Date & Time: December3-6,Monday-Thursday,8:00am-5:00pm

Fee: $650;OutofState,$675

Thisschoolisdesignedtopresentthelatesttechnolo-gy,equipment,andproceduresutilizedinmaintaining

controlofawellduringdrillingandworkoveropera-

tions and to offer cost effectiveness and efciency to

theindustry.Theclassesaredesignedfordrillingand

workoverpersonnel,especiallydrillers,toolpush-

ers,operatorrepresentatives,engineers,oranyone

involvedinoperatingandservicingwells.Registrants

havetheoptionofsurface-onlyorsurfaceandsubsea

stack designation. WellCAP certicates are awarded

uponsuccessfulcompletionofthiscourse.IADC

WellCAPguidelinesrequirethefullcourseberepeat-

edeverytwoyearstomaintaincurrentwellcontrol

certicates. Registration Limit: 15.

Waterfooding rom A to z(ENGG1091)Instructor:W.GordonGraves

Date & Time: December3-7,Monday-Friday,8:00am-5:00pm

Fee: $2,575(PaiddirectlytoOGCIPetroSkills;toregister,contact: www.petroskills.com

orcall1-800-821-5933.

Location: MidlandCollegeAdvanced

TechnologyCenter,BTC,3200W.Cuthbert Avenue

Thiscourseislightontheorybutheavyon

provenandsuccessfulpractices.Publishedcasehistoriesofprojectsaroundtheworldarere-

viewedtoprovideanunderstandingofdivergent

points-of-view,whatworkswhere,whatfailswhen,andwhy.Thistrainingcoversallelements

of a waterood project from A to Z – from source

waterselectiontoproducedwaterdisposalandeverythinginbetween.Participantsaregrouped

intosmallmulti-disciplinaryteams.Allclassroom

discussionsandproblem-solvingsessionsarehandledinanasset-managementteam.

Qic Gide to Carbonate Well Log Analsis with Flow Chart, Case Stdies, andProblems (PTRT2010)Instructor:Dr.GeorgeAsquith

Course #G039072Q

Date & Time:December12-13,Wednesday-Thursday,8:00am-5:00pm

Fee: $350;OutofState,$375

Location:MidlandCollegePPDCBuilding,105

W.Illinois

Thiscourseoncarbonateloganalysisisbuilt

aroundaFlowChartforCarbonateWellLog

Analysis. The ow chart is designed so the user

candeterminecarbonateporetypeortypes,and

ifthecarbonateiswater-wetoroil-wetusingcomparisonsofnuclearporosity/sonicporos-

ity/resistivityporositypluscomparisonsofArchie

(a=1,m=n=2)andRatioWaterSaturations.Next,on the ow chart the moveable hydrocarbon

index(Sw/Sxo)andbulkvolumewater(BVW)

valuesareusedtodetermineifthecarbonateres-ervoirishydrocarbonorwaterproductive.The

nal steps on the ow chart are the additional

techniques that are used in the nal analysis

ofcarbonatereservoirs.Thebasicprinciplesofcarbonatewellloganalysiswillbeoutlined,

aswellascriticalcut-offvalues,andhowto

use the ow chart. Problems will be presented to illustrate the application of the ow chart in

carbonatewellloganalysis.



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Download - The Permian Basin Magazine

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