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Chairman's Corner January 2011

The New Year is a time for fresh starts, clean slates, reflections of the past year,and goal setting. I want to pass along some wise advice from an old mentor on how to set goals. There are five steps: One, make a commitment. One person with a commitment can generate interest to more than 100 people. Plus, keeping good detailed records counts for accountability. It’s been said that 95% of the folks who have great concepts fail because they lack the capability and even willpower to follow through. Two, build your life on a solid character foundation. If you build a strong character base, you’ll never fall to the basement. Remember, character is what you do in the dark. Integrity and character built over the years may be lost in a moment, so be careful. Know that he who guards his lips, guards his life, but he who speaks rashly will come to ruin. Three, break …


Then and Now - January 2011

January 1961 The staggering cost for drilling a planned 26,000 ft Mecom well in South Louisiana is estimated to be $1.75 MM. If completed as planned, it will be the world’s deepest. $ Rumors on the street are that Union of California will soon be jointly owned by Gulf and Phillips. $ An interesting result of Saudi Arabia’s bloodless palace revolution and deposing of Prince Faisal is the emergence of Abdullah Tariki as the Saudi oil minister. (Stay tuned for more to be heard from this soon-to-be global oil leader.) $ After a six-year hitch as exploration chief for Petrobras, Walter Link reports that Brazil will probably not uncover any large oil plays unless some new oil-discovery tools are developed, and thus he advises private oil companies against investing exploration money in Brazil. (Well, Walter was at least half right.) …


Then and Now - December 2010

December 1950 An interesting follow-up to last month’s field naming controversy for the Kelly-Snyder field in West Texas…..The family of the Magnolia landman (not geologist, as previously reported), Frank H. Kelley, for whom the field was reportedly named, experienced a number of name changes through the years. Frank’s descendents came to the U.S. from Northern Ireland under the name of O’Keleigh, and some sort of calamity that they experienced caused them to drop the O’ in their name. Then some of them apparently ran afoul of the law and disgraced the name of Keleigh causing them to change it to Kelly. Finally, Frank’s father, a small town doctor, did not want to be thought of as a relative of a local character named Kelly and thus added the second e. Thus, the field in question could very easily have been …


SPE-GCS December e-Newsletter 2010

    SPE-GCS e-Newsletter Sponsored by: GATE, LLC GATE,LLC offers a wide range of skills and expertise in deepwater engineering including Chemical Systems Engineering, Commissioning & Startup, Flow Assurance, Materials & Corrosion and Waterflood. www.gatellc.com Calendar Events for December 2010 Career Mgmt: Ethics Training Seminar - 1 Hour Requirement for Texas P.E. Sponsor: Career Management Speaker's Name: David Howell, P.E., Director of Licensing, Texas Board of Professional Engineers Day: Wednesday 1-Dec-10 11:30 AM Location: SPE Houston Office 10777 Westheimer Road, Suite 1075 Houston, Texas 77042 Summary: Due to the high demand for this event and limited seating at the physical presentation, a webinar option has been made available as well. Google Maps | Add to Calendar WEBINAR - Career Mgmt: Ethics Training Seminar - 1 hour requirement for Texas P. E. Sponsor: Committee - Career Management Speaker's Name: David Howell, …


Chairman's Corner December 2010

“As iron sharpens iron, so one man should sharpen another.” This proverb applies to all areas of our life, and it is useful to remember regarding technical proficiency. Every member should hold themselves accountable to one another to keep their technical proficiency to the highest attainable level. There is nothing like giving one’s time towards the pursuit of technical excellence. Within SPE, one path of accountability is through great friendship developed over time in a volunteer environment. There are two great examples of Gulf Coast Section members about how iron is sharpened that I would like to share this month: the GCS Auxiliary, and the Young Professionals. Last month, I met with the GCS Auxiliary for the first time. The purpose of the meeting was to share SPEGCS business, but the real purpose became learning and understanding the mission of …


Then and Now - November 2010

November 1950 As was the practice in the Oklahoma oil patch in the 1950’s, it’s time to determine if it’s going to be a cold winter, namely, observe how many nuts the squirrels are gathering and how tight the bark is on the trees. $ Two naming debates rage on in the industry, namely, the proper contemporary term for the aromatic hydrocarbon…benzene, benzine, or benzol, and the proper name for the oil field in Scurry County, Texas…Kelly-Snyder ( in honor of the discovery well the Magnolia Kelly #1) or Kelley-Snyder (in honor of the Magnolia geologist Kelley). As we now know the verdicts were benzene and Kelly-Snyder. $ What would you guess would be the public’s impression of the oil industry as per a public opinion poll run in 1950, favorable or unfavorable? Would you believe 72% voted favorable. (We …


Chairman's Corner November 2010

According to a panel of industry experts at the opening session of the Annual Technical Conference, America is entering into an era of energy self-sufficiency due to the growth of our natural gas supply. One would think energy self-sufficiency is a great idea. Perhaps, once the country embraces the idea of the use of natural gas as the transitional or energy source of the future, the United States may enter into a period of renewed growth and strength, but our country’s economy continues to show weakness. The business model of outsourcing lower end jobs and creating high end jobs are being challenged. Some say these high end service and manufacturing support jobs are relocating near the manufacturing centers (seems like a reasonable approach: put your engineers near the operations, where have I heard this before?). The question then becomes: where …


SPE-GCS November e-Newsletter 2010

  SPE-GCS e-Newsletter Sponsored by: Pearson Petroleum Reservoir Engineering Practice The Complete, Up-to-Date, Practical Guide to Modern Petroleum Reservoir Engineering from Dr. Nnaemeka Ezekwe and Prentice Hall. informit.com/ph Calendar Events for November 2010 SPE-GCS 75th Anniversary party Day: Saturday 6-Nov-10 7:00 PM Location: Union Station Lobby - Minute Maid Park 501 Crawford Street Houston, Texas 77002 Summary: 2010 marks the 75thAnniversary of the Society of Petroleum Engineers Gulf Coast Section (SPE-GCS)! To celebrate 75 years of successful act... Register Google Maps | Add to Calendar International: Statoil – Global Business Strategy, Technology Developments & Collaborative Efforts Sponsor: Study Group - International Speaker's Name: Dr. Helge Hove Haldorsen, VP Strategy, Statoil Houston Day: Monday 8-Nov-10 11:30 AM Location: Petroleum Club of Houston 800 Bell, 43rd Floor Houston, TX 77002 Summary: In this presentation, Dr. Haldorsen will give a brief Statoil business …


Section Award Winner: Steve Wolhart

Section Award: Service


PetroBowl IX: All Roads Lead to Florence

SPE Gulf Coast Section Young Professionals Dan Tobin and Jonathan Gilbert   It is said that “all roads lead to Rome,” but on Monday, September 20th it was “all roads lead to Florence” in pursuit of PetroBowl glory. With the buzzer system stuck somewhere in an airport’s lost luggage area, the odds were stacked against the event, but what was seemed destined for disaster turned into a triumph. The 9th Annual PetroBowl ever became a success story complete with hard fought competition and outright fun. PetroBowl a quiz bowl style tournament that pits university teams of petroleum engineering students against one another in a “quick on the buzzer” test of their knowledge of all things industry related. Held at SPE ATCE in Florence, Italy, this year’s event featured certain elements never before seen in PetroBowl history: a 20-team bracket, more …