2012-03-01

Untitled Document



 

SPE-GCS e-Newsletter Sponsored by:

GeoSteering, specialists in geosteering with LWD (from GR to Quad-Combo). Our US experience includes the Eagle Ford, Granite Wash, Woodbine, Permian, Bakken & Three Forks, Niobrara, Haynesville, Barnett & Woodford. Overseas, our main operations are in the Middle East, Latin America, Europe, China & Africa.

Events for March 2012

General Meeting: Natural Gas and Oil Prices - All Bets Are Off!
Speaker: Keith Barnett, Spring Rock Production
Day: Thursday 8-Mar-12 11:30 AM to 1:00 PM
Location: Petroleum Club, 43rd floor, ExxonMobil Building 800 Bell St. Houston, Texas 77002 
Summary: This presentation will an overview and analysis of gas and oil prices - recent, present, and future. By the time this speech occurs (or even by the time the SPE-GCS February newsletter is published), we likely will have hit the wall where flowing gas production is shut-in by the need to finish cycling storage withdrawals. 
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Northside: Leveraging Experience to Make the Extraordinary Ordinary: Hydraulic Fracturing Tight Gas under HPHT Conditions (SPE 140815)
Speaker: Mark Machala, Team Lead-Unconventional Resources, Halliburton
Day: Tuesday 13-Mar-12 11:30 AM to 1:00 PM
Location: Greenspoint Club 16925 Northchase Dr Houston, Texas 77060 
Summary: Oil and gas exploration and production companies searching for viable commercial production have been required to venture deeper into the earth's crust and consequently have been forced to contend with extreme environments in the form of hotter working temperatures and higher pressures.
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Drilling: Remote Drilling Services – New Concepts Enable More Accurate and Timely Decisions
Speaker: Andreas Sadlier, Remote Services and Data Solutions - Drilling Systems, Baker Hughes
Day: Wednesday 14-Mar-12 11:30 AM to 1:00 PM
Location: Greenspoint Club 16925 Northchase Dr. Houston, Texas 77060 
Summary: This presentation outlines capabilities such as data aggregation, remote visualization, and advanced decision support needed to ensure successful remote service delivery. Enhanced decision-making capabilities will enable remote drilling operations centers to provide the best advice faster.
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Young Professionals: TYP and SPE YP Happy Hour
Day: Wednesday 14-Mar-12 5:30 PM to 7:30 PM
Location: House of Blues Foundation Room, 1204 Caroline Street, Houston, TX 77002
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SPE GCS Board of Directors Meeting
Day: Thursday 15-Mar-12 7:30 AM to 10:30 AM
Location: SPE Houston Office 10777 Westheimer Rd, Suite 1075 Houston, Texas 77042 
Summary: The Gulf Coast Section will hold its monthly Board of Directors meeting from 7:30 am to 10:30 am. Please register online or RSVP to Sharon via phone message at (713) 779-9595, ext. 821, or via e-mail sharris@spe.org. so that we may have a proper head count for food.
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Young Professionals: Painting Like The Pros
Day: Thursday 15-Mar-12 5:45 PM to 8:00 PM
Location: Painting With a Twist 10001 Westheimer Rd., Suite 1110 Houston, Texas 77042 
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PF&C: Compact and Chemical free Deoxygenation of Injection Water
Speaker: Hans Evald Henriksen, Global Sales & Marketing Manager, Minox Process Systems
Day: Tuesday 20-Mar-12 11:30 AM to 1:00 PM
Location: Norris Center City Center 803 Town and Country Ln., Suite 210 Houston, Texas 77042 
Summary: The Minox Deoxygenation process is based upon gas stripping of dissolved oxygen from water in a closed loop of circulating nitrogen gas, in which the oxygen is being removed in a low temperature...
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Westside: Fracture Shadowing: A Direct Method for Determining the Reach and Propagation Pattern of Hydraulic Fractures in Horizontal Wells
Speaker: Ali Daneshy, President, Daneshy Consultants International
Day: Wednesday 21-Mar-12 11:30 AM to 1:00 PM
Location: The WestLake Club - Carriage Room 570 WestLake Park Blvd. Houston, Texas 77079 
Summary: This presentation will report on the results of field measurements in four horizontal wells, all of which were fractured in the course of this investigation, with a total of 68 fractures. 
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Digital Energy: Industry Standard Data Exchange in the Digital Oilfield
Speaker: Mark Crawford, Rodney Brown, Integration Advisor, Technical Software Eng, ExxonMobil
Day: Wednesday 21-Mar-12 11:30 AM to 1:00 PM
Location: Courtyard on St James 1885 Saint James Pl Houston, Texas 77056 
Summary: In the past it may have been possible to individually manage each data exchange between the various parties involved in a venture. As the rate of digital data increases and the number of interested parties grows, a one-off approach for each data exchange becomes increasingly untenable.
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Reservoir: SPE Distingushed Lecturer - Releasing Shale-Gas Potential with Fractured Horizontal Wells
Day: Thursday 22-Mar-12 11:30 AM to 1:00 PM
Location: Courtyard on St James 1885 Saint James Pl Houston, Texas 77056 
Summary: In the last decade, our understanding of shale reservoirs has progressed significantly. It is now agreed that a major factor for the productivity of shale reservoirs is the existence of a pervasive reservoir fracture network around the well.
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Webinar: SPE Distingushed Lecturer - Releasing Shale-Gas Potential with Fractured Horizontal Wells
Speaker: Erdal Ozkan, Colorado School of Mines, Professor
Day: Thursday 22-Mar-12 12:00 PM to 1:00 PM
Location: at your computer 
Summary: Webinar: This lecture presents a discussion of the characteristics of shale reservoirs and their impact on the performance of fractured horizontal wells. Please note that this is a webinar provided if you can not attend in person. The approximate speaker start time is 12pm.
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Young Professionals - Current US Shale Oil & Gas Production Potential
Speaker: Dr. Richard (Dick) Bishop, Executive Director & Chief Geologist, RSK (UK) Limited
Day: Tuesday 27-Mar-12 11:30 AM to 1:00 PM
Location: Petroleum Club of Houston 800 Bell Street, 43rd floor Houston, Texas 77002 
Summary: YP Professional Events Luncheon
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C&P: Sleeve Technology for Cemented Horizontal Wells in North America
Speaker: Yuyi Silumesii, Technical Advisor, Halliburton
Day: Wednesday 28-Mar-12 11:30 AM to 1:00 PM
Location: Greenspoint Club 
Summary: Lateral lengths for horizontal wells are increasing as production from conventional resources is on a decline and the need for energy independence is becoming apparent. Techniques to successfully complete these long laterals in a safe and most cost effective way become priority number one to the industry. 
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Business Dev: Navigating the Storm of Low Natural Gas Prices
Speakers: Sylvia K. Barnes – Managing Director & Group Head– Oil & Gas Corporate & Investment Banking, KeyBanc Capital Markets; Allen May – VP of Business Development - HighMount Exploration & Production LLC; Tim Duncan - President & Chief Executive Officer - Talos Energy LLC
Day: Wednesday 28-Mar-12 5:00 PM to 7:00 PM
Location: Four Seasons Hotel 1300 Lamar, Between Caroline & Austin Houston, Texas 77010 
Summary: Join the Business Development Study Group at the Four Seasons Hotel for our second meeting of the year. KeyBanc's Sylvia Barnes will share her insight on natural gas prices - the components powering the storm and a forecast of what lies ahead.
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Volunteer Opportunities

Science and Engineering Fair of Houston
Day: Friday 2-March-12 & Saturday 3-Mar-12 8:00 AM to 6:00 PM
Location: George R. Brown Convention Center, Hall-D, 1001 Avenida De Las Americas, Houston Texas 77010
Summary: Judges needed for this year's Science and Engineering Fair of Houston.
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Texas Skies District Merit Badge Fair
Day: Saturday 3-Mar-12 9:00 AM to 4:00 PM
Location: The Holy Covenant Church 22111 Morton Ranch Rd Katy, Texas 77449 
Summary: Texas Skies District Merit Badge Fair SPE GCS Community Services - Boy Scount Committee is seeking volunteers to participate in the upcoming Merit Badge Fair Day.
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Young Inventors’ Showcase at Mark Twain Elementary
Day: Wednesday 7-Mar-12 8:30 AM to 11:30 AM
Location: Mark Twain Elementary 7500 Braes Blvd Houston, Texas 77025 
Summary: The Young Inventors’ Showcase of Houston encourages the budding inventor in every child by providing a platform for children to share and celebrate their invention ideas. Students from K - 8th grades will be presenting projects that need support as a judge or volunteer.
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Young Inventors’ Showcase at Woodrow Wilson Montessori
Day: Thursday 8-Mar-12 8:30 AM to 12:30 PM
Location: Woodrow Wilson Montessori 2100 Yupon Houston, Texas 77006 
Summary: Students from K - 8th grades will be presenting projects that need support as a judge or volunteer.
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Young Inventors’ Showcase at Dodson Elementary School
Day: Friday 9-Mar-12 8:30 AM to 11:00 AM
Location: Dodson Elementary School,
1808 Sampson Street, Houston, Texas 77003
Summary: Students from K - 8th grades will be presenting projects that need support as a judge or volunteer.
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Scout Fair 2012
Day: Saturday 14-Apr-12 10:00 AM to 4:00 PM
Location: Reliant Arena One Reliant Park Houston, Texas 77054 
Summary: SPE GCS Community Services - Boy Scount Committee is seeking volunteers to participate in the Scout Fair 2012 held at Reliant Arena. Contact Tracy L. Jones for more information to volunteer today!
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SPE-I Events

SPE-I: Shale Gas Development
Day: Thursday 1-Mar-12 8:30 AM to 5:30 PM
Location: SPE-I Houston Training Center 10777 Westheimer Rd. Houston, Texas 77042
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SPE-I: Practical Aspects of CO2 Flooding EOR and Introduction to CO2 Geosequestration
Speakers: Charles Fox, Michael Stein, Sam and Jay Avasthi, Kinder Morgan, Premium Petroleum Consulting, and Avasthi & Associates, Inc.
Day: Tuesday 6-Mar-12 9:00 AM to 6:00 PM
Location: SPE-I Houston Training Center 10777 Westheimer Rd. Houston, Texas 77042
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SPE-I: Modern Production Data Analysis of Unconventional Reservoirs
Speaker: David Anderson, VP of Software Development, Fekete Associates
Day: Thursday 22-Mar-12 8:30 AM to Friday 23-Mar-12 5:30 PM
Location: SPE-I Houston Training Center 10777 Westheimer Rd. Houston, Texas 77042
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SPE-I: Reservoir Simulation for Practical Decision Making
Speakers: Dean Rietz and Miles Palke, Ryder Scott
Day: Monday 26-Mar-12 8:30 AM to Tuesday 27-Mar-12 5:30 PM
Location: SPE-I Houston Training Center 10777 Westheimer Rd. Houston, Texas 77042
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Events for April 2012

Petro-Tech: Do You Really Know Where Your Well Is?
Speaker: James M. Stolle, Bus. Devel. Mgr. - Directional Survey Data, TGS Geological Products
Day: Tuesday 10-Apr-12 11:30 AM to 12:30 PM
Location: Brookhollow Sheraton 3000 North Loop West Houston, Texas 77092
Summary: Do you really know where your well and/or competitors' wells are located in the subsurface? Directional survey data is the critical well control information that provides control on the spatial positioning of drilled wells and their 2D/3D wellpaths.
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Northside: The Austin Chalk vs. Eagle Ford Shale Play
Speaker: Jason Baihly, Multistage Stimulation Product Line Manager, Schlumberger
Day: Tuesday 10-Apr-12 11:30 AM to 1:00 PM
Location: Greenspoint Club 16925 Northchase Houston, Texas 77060
Summary: This talk discusses the possibility that the Austin Chalk and Eagle Ford Shale form a single hydrocarbon system. The potential source, generation, migration, storage, and production mechanisms of both formations will be analyzed from a geologic perspective.
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General Meeting: CO2 Tertiary Recovery - What We Have Learned Over the Past 40 Years of CO2 Injection into the Permian Basin
Speaker: David Merchant, President, Merchant Consulting
Day: Thursday 12-Apr-12 11:30 AM to 1:00 PM
Location: Petroleum Club, 43rd floor, ExxonMobil Building 800 Bell St. Houston, Texas 77002
Summary: For the past 40 years, enhanced oil recovery projects using carbon dioxide (CO2) evolved from a partially understood process filled with uncertainties to a process based on proven technology and experience. 
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2012 SPE-GCS Golf Tournament
Day: Monday 16-Apr-12 7:00 AM to 5:30 PM
Location: Kingwood Country Club 1700 Lake Kingwood Kingwood, Texas 77339
Summary: Click for Registration and Sponsorship Opportunities!
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Digital Energy: Data Mining and Predictive Analytics Transforms Data to Barrels
Speaker: Shawn Shirzadi, Program Manager-Field of the Future, BP
Day: Wednesday 18-Apr-12 11:30 AM to 1:00 PM
Location: Courtyard on St James 1885 Saint James Pl Houston, Texas 77056
Summary: BP's Field of the Future Data Analytics program is developing data-driven technologies that complement existing capabilities for reservoir management and operations.
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Young Professionals: Worldwide Energy Needs and Supplies
Speaker: Admiral Bobby Inman
Day: Wednesday 18-Apr-12 11:30 AM to 1:00 PM
Location: The Rice Hotel 909 Texas Avenue Houston, Texas 77002
Summary: Bringing a unique combination of both public and private sector experience, Admiral Inman will speak to young professionals on various energy-related current events that are molding the future of our industry. 
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Westside: Fayetteville Shale Completions: An Operator’s Case History
Speaker: Jennifer Harpel, Completions Lead, Southwestern Energy
Day: Wednesday 18-Apr-12 11:30 AM to 1:00 PM
Location: The WestLake Club - Carriage Room 570 WestLake Park Blvd. Houston, Texas 77079 
Summary: Since 2004 Southwestern Energy (SWN) has completed more than 2,000 wells in the Fayetteville shale with thousands of wells remaining to be drilled and completed...
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Special Events and Announcements

IADC/SPE Drilling Conference and Exhibition
Date: 6-8 March 2012 
Location: San Diego, California
Summary:  This conference continues to be recognized as the premier drilling event of the E&P industry, attracting a broad spectrum of professionals from around the world.

 

2012 Oil History Symposium 
Date: 8-10 Mar 2012
Location: Houston, Texas
Summary:  Presented by PHI and HGS. The deadline for abstracts is January 15, 2012.

SPE-GCS 2011 Annual Report  is available online.

 

Articles

Then and Now - March 2012

March 1972 Colonel Qadhafi issues severe tongue-lashing to Soviets for failing to provide technical aid following Libya's nationalization of BP's oil concession. Libyan Premier Jallud's request for such aid has fallen on deaf ears. $$ Lone Star Producing prepares to run a 5 liner to test the world's deepest hole - the 30,050 ft Baden #1 in Beckham County, Oklahoma. $$ Crude oil imports hit a record volume of 2,541,000 bbl/d.

SPEGCS: Special Announcement: Top Producer Awards Voting
The Texas Independent Producers & Royalty Owners Association (TIPRO) has partnered with the publishers of Texas Monthly and the Best Companies Group to recognize the greats of the Texas oil and gas industry.

 

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