the permian basin magazine
TRANSCRIPT
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Novbr 200
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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Oilfeld Equipment & Supplies
Tool & Supply Coone of the largest drilling rig parts inventories in the U
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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
Becky FrostPBOG
Business Manager
Julie AndersonPBOG Editor
Amy BrittainPBOG
Advertising Director
PERMiAN BASiN PETRolEuM ASSociATioN STAff
PERMiAN BASiN oil & GAS MAGAziNE STAff
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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_______________________________________________________
_____________________________________________________________________
_____________________________________________________________________
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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.
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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
Field Service Technicians
Plunger Lift Systems
Equipment Repairs
Gas Lift Systems
H
H
H
H
www.productionlift.com
Production LiftSystems, Inc.
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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
(432) 550-0270
Helping as
many people
as possible
fnd good jobs
by helping as
many clients
as possiblefnd good people .
Simplify Your Search!
1515 Idlewilde Dr.Midland, Texas 79703
Wade Choate, CPL, President
432-687-5977Fax: 432-687-5982
www.choateco.net
>Detailed Mineral and LeaseholdOwnership Reports
>Title Curity
>Due Diligence
>Permitting for Right-of-Ways,Easements and Seismography
>Negotiation & Settlement ofSurface Damages
>Oil and Gas Leasing
Professional Land Services
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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
Many companies claim saety as a priority, but it’sa condition of employment at Key Energy Services.Our employees have the right and obligation tostop unsae operations, and we provide all the
training and tools to help them do that.In act, we view sae operations as part o thevalue we provide our customers. With the world’slargest workover rig feet and the most knowledge-able service hands, Key is the leader inwell servicing saety perormance.
To help get you into the saety mindset, we havecreated the Key Saety Challenge. To play, go towww.keyenergy.com/safetygame.
When saety is a priority, we all win. keyenergy.com/saetygame
Well Services n Fluid Services & Logistics n Fishing & Rental n Pressure Pumping n Electric Wireline
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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
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PBOil&GasMagazine
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Wed./Thur. December 12 & 13, 2007 | Oklahoma City, OK
DIGITAL IMAGE AUCTION WITH ONLINEINTERNET BIDDING AVAILABLE
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on Morgan Road 1.0 mile to Premier’s auction facility on the left. 901 North
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(8am-5pm Local Time, Monday Through Friday)
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
PB Oil & Ga Magazine
ACTIvITy REPORT
7/28/2019 The Permian Basin Magazine
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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
7/28/2019 The Permian Basin Magazine
http://slidepdf.com/reader/full/the-permian-basin-magazine 16/32 November2007
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.
7/28/2019 The Permian Basin Magazine
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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
7/28/2019 The Permian Basin Magazine
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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
7/28/2019 The Permian Basin Magazine
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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
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
7/28/2019 The Permian Basin Magazine
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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.
7/28/2019 The Permian Basin Magazine
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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
COuNTy PERMITs PRODuCING
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
COuNTy PERMITs PRODuCING
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
PB Oil & Ga Magazine ACTIvITy REPORT
7/28/2019 The Permian Basin Magazine
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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
PB Oil & Ga Magazine ACTIvITy REPORT
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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
7/28/2019 The Permian Basin Magazine
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For sales information,
contact Mary Hunt at 866-550-7329 or
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Reserve your
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Fund
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
7/28/2019 The Permian Basin Magazine
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PBOil&GasMagazine
Hobbs, New MexicoEl Dorado, Kansas •
Mid-Continent 316-321-9011 • Permian Basin 505-393-1016
Fresh and Produced Water Hauling • Brine • KCL • Acidizing • Kill FluidsKill Trucks • Computerized Pump Recorders • Ball Injector Guns • Frac/Test Tanks
Hot Oilers • Chemical • Mud Oil • Portable Steaming • Vacuum TransportsBackhoes • Dumptrucks • Crude Oil Purchasing and Transportation
Modern Transport Fleet with Experienced Personnel
Maclaskey Oilfield Services,Inc.
Member PBPA • NMOGA • KIOGA • EKOGA • IPAA
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-
7/28/2019 The Permian Basin Magazine
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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
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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
7/28/2019 The Permian Basin Magazine
http://slidepdf.com/reader/full/the-permian-basin-magazine 28/32 November2007
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
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
7/28/2019 The Permian Basin Magazine
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PBOil&GasMagazine
PB Oil & Ga Magazine
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.
7/28/2019 The Permian Basin Magazine
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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
Fee:$475;OutofState,$500
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
Fee:$145;OutofState,$170
Location:MidlandCollegePPDCBuilding,
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
Fee:$145;OutofState,$170
Location:MidlandCollegePPDCBuilding,
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
Ambergris Caye, Belize
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7/28/2019 The Permian Basin Magazine
http://slidepdf.com/reader/full/the-permian-basin-magazine 31/32
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
Fee:$145;OutofState,$170
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
Fee:$275;OutofState,$300
Location:MidlandCollegePPDCBuilding,
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.
7/28/2019 The Permian Basin Magazine
http://slidepdf.com/reader/full/the-permian-basin-magazine 32/32
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