September - Dallas Association of Petroleum Landmen
Transcription
September - Dallas Association of Petroleum Landmen
News DAPL Dallas Association of Petroleum Landmen P.O. Box 600096, Dallas Texas 75360-0096 September 2013 Carbon dioxide stored in UPCOMING N O I T C Marcellus Shale Wells Event Calendar DU DAPL could also GAS PRO OOST B October 28, 2013 DAPL - Board of Directors DAPL Golf Tournament Dallas, Texas November 5, 2013 Educational Luncheon Maggiano’s North Park Dallas, Texas AAPL September 18, 2013 Landman 411 Series: Post Lease Transactions Fort Worth, Texas September 23, 2013 Texas Land Institute Houston, Texas October 9, 2013 Landman 411 Series: Calculating Interests Fort Worth, Texas October 18, 2013 WI/NRI Workshop Fort Worth, Texas President Blake C. Bowen, RPL Pioneer Natural Resources (USA) Inc. Sergeant-at-Arms Adam Griffin, CPL J-W Energy Company 1st Vice President - Entertainment Joshua Raley, CPL EXCO Resources, Inc. Treasurer Greg Brown, JD, CPL Laredo Petroleum 2nd Vice President - Membership Iris L. Bradley, ESA/CPL The Northern Trust Bank Secretary Yaroslav Andrus, CPL Pioneer Natural Resources (USA) Inc. 3rd Vice President - Website Ashley St. Pierre, RPL Encana Oil & Gas (USA) Inc. Education Director Joel Robbins, RPL Merit Energy Company Immediate Past President Website Co-Director Kelly Kessler, CPL Encana Oil & Gas (USA) Inc. Advertising Director Wes Minshall, RPL J. Cleo Thompson Membership Co-Director/ NGL Director Ryan Boschetti, RPL Hunt Oil Company By: Anne Danahy Meet the 2013-2014 Publications Director Jerry Padilla, RPL Thomas Development Corporation AAPL Director Kevin Dickerson, CPL Eagle Oil & Gas Co. DAPL Board How Fracking is Drying Up One Unlucky Texas Town By: Douglas Main for more info visit: dapl.org Letter From the Publications Director To my fellow Landmen, I hope everyone had a great summer, and I’m excited for another great year for the DAPL! We appreciate everyone’s support throughout the summer during our transition to the new website. We hope the fresh new look and user friendly RSVP process will be make things a little bit easier to accomodate our growing membership. Our board always looks for better ways to serve our members, and we hope this has been accomplished over this past year and will be successful again into this next year. So whether your enjoying the start of the college football season, enjoying the wrapping up of the baseball season, or just plain enjoying the fruits of the oil & gas industry, I want to welcome everyone back, and hopefully see you at the meetings and the DAPL Golf Tournament. Sincerely, Jerry Padilla, RPL Thomas Development Corporation 2 PAID ADVERTISEMENT 3 THE DAPL WELCOMES THE FOLLOWING NEW MEMBERS Mark Wayne King Laredo Petroleum Daniel S. Temple Laredo Petroleum Mark D. Butler Holland Services Kyle Matthew Lesak Percheron Energy Heather Meredith Vilaros Laredo Petroleum Jennifer Callahan Jessup Harper Dean, LLC Bascom William Bentley, IV TransAtlantic Petroleum Bradley D. Meyer Proto Land Services, Inc. Jorge Hernandez Ted W. Walters & Associates, LP Patrick Thomas Moran Independent Cecilia A. Coggeshall Laredo Petroleum Alicia M. Surratt Independent Walter Oren Hamlin Percheron Energy Laura Alyce Pope Longfellow Energy, LP Charles Greg Spalding Longfellow Energy, LP Jonathan Richard Spalding Longfellow Energy, LP Robert M. Voelker, III Carla Petroleum George Wunderlick The Northern Trust Company Michael D. Simon Will-Drill Resources, Inc. Rachel Swerdlow Cox Smith Matthews, Inc. Randal William Meyer Proto Land Services Brandon L. Martin Burnett & Thomason Mark E. O’Brian Southwest Petroleum Company Paul Godwin Independent John Wray Albert Longfellow Energy, LP Erik Anderson Longfellow Petroleum, LP Christopher Ryan Culpepper Longfellow Energy, LP Erin Devlin Trek Resources, Inc. Laurie Frances Steward Energy, LLC. Patrick A. Garrard Longfellow Energy, LP Joel Kinnamon Longfellow Energy, LP Judy Riley J-W Operating Company 4 PAID ADVERTISEMENTS Your Industry is our Industry Energy companies like yours have never had a greater need for legal advice you can trust from attorneys who understand the increasingly complex issues you face in this challenging and rapidly evolving industry. Looper Reed & McGraw provides a full spectrum of legal services to publicly traded and private energy companies. In addition, Looper Reed currently employs over 20 attorneys who primarily focus their work on title examination for onshore properties in Texas, Pennsylvania, Colorado, North Dakota, Louisiana, Alabama, and other oil and gas producing states. Acquisitions • Abstracting • Mapping Due Diligence • State and Federal Leasing Our proven experience in the industry extends upstream and downstream covering almost every facet of your industry – which, in a sense, makes it our industry too. lrmlaw.com | 888.863.7157 420 Oil Center Drive • Lafayette, LA 70503 877.988.4898 • O: 337.988.4898 • F: 337.988.0998 Offices in Lafayette • Dallas/Fort Worth • Pittsburgh ThomasDevelopmentCorp.com Comprehensive. Timely. Customized. Developers of the SmartOpinionSM Title Opinions designed to make the in-house Landman’s job easier. 214.213.5816 [email protected] Dallas, Texas www.grantdavislaw.com Houston | Dallas | Tyler We have many committees in need of new volunteers such as Newsletters, Website, Photography, and more ! E-mail: [email protected] to find out more Please use the link below to find our by-laws in PDF format on our website. Our website is a great place to start looking for information concerning DAPL. Our DAPL website is one of the counties best local Landman association websites, so click below and check it out! A copy of our By-Laws also reside on our DAPL website, go there to view them now! www.dapl.org/by-laws 5 Meet the 2013-2014 DAPL Board 6 President Blake Bowen, RPL Pioneer Natural Resources (USA) Inc. Blake is a native of the Dallas/Ft.Worth area and is currently a Landman with Pioneer Natural Resources USA, Inc. where he has worked since April of 2010. Blake works in the South Texas division for Pioneer which primarily consists of properties in the Eagle Ford Shale. After receiving his BBA in 2006 from Oklahoma State University, Blake returned to Texas to begin his career in Oil & Gas by working the Barnett Shale for Carla Petroleum, Inc. Blake worked numerous counties in the Barnett before having the opportunity to move in-house with Rosewood Resources, Inc. in the fall of 2008. While at Rosewood, Blake had the responsibility of managing operated properties in Colorado, Kansas and Utah, as well as non-op Hunt Family legacy assets in Texas, Oklahoma, Louisiana and North Dakota. Blake lives in Dallas with his wife, Allison and new son Hatch, born in November of 2012. They are also parents to a thirteen year old Chocolate Lab, McKenzie. Blake enjoys going back to Stillwater for football games in the fall to root on the Pokes, traveling with his family, golfing, fly fishing, and doing projects around the house. 1st Vice President - Entertainment Joshua Raley, CPL EXCO Resources, Inc. Josh is a graduate of The University of Oklahoma where he double majored in Energy Management and Finance. While in college he began his career in the oil and gas industry by working for DrillingInfo. He also completed an internship at Hunt Petroleum Corporation in the Summer of 2003. Upon graduation from OU he started out as an independent landman, eventually working on a southern Oklahoma prospect for Carla Petroleum. This ultimately led to his first in-house position at CH4 Energy, LLC in Fort Worth. Josh worked there until CH4 sold. Following the sale of CH4, he has worked in-house for Cimarex and EnCana. Since June 2009, Josh has been a landman in the North Louisiana division of EXCO Resources, Inc, working the Haynesville Shale play. Over his career, Josh has worked Wyoming, Oklahoma, SE New Mexico, West Texas and North Louisiana. In February 2010, he was designated a Certified Professional Landman from the AAPL. In 2010-2011, Josh led the History Committee in the research of the history of the DAPL. After collecting extensive research through interviews with former members of the organization and chronicling past presidents, Josh shared his findings, revealing facts and funny stories in a report that can viewed on this website. Last year, Josh served on the DAPL Board of Directors as the Education and NGL Director, as Education Director he brought in speakers focusing on the growing national debate, Hydraulic Fracturing. In his free time Josh enjoys spending it with his family and friends and traveling. Josh’s hobbies include: reading, golfing, and Oklahoma Football. 7 2nd Vice President - Membership Iris Bradley, ESA/CPL The Northern Trust Bank Iris Bradley’s third term on the Board, having served as AAPL Director, Sergeant-At-Arms and President in previous terms. She has also chaired AAPL Awards, Certification, Environmental, Ethics, Industry Affairs and Publications Committees over the years. Iris is Chairman of the AAPL Ethics Committee for 2013-2014. She is active in Highland Park United Methodist Church, has served two (2) terms as President of the Highland Park Alumni Association, and has been on the PwC SMU Athletic Forum Board of Directors for many years in addition to several other civic and charitable organizations. Iris is currently works at Northern Trust Bank, as a Vice President/Landman/Oil, Gas and Mineral Property Manager. Prior to Iris joining Northern Trust, she was a Senior Landman with Merit Energy Company most recently working Wyoming. Iris has also worked in Permian Basin, Barnett Shale, Louisiana, Arkansas, New Mexico and the Rockies. Prior to Merit, Iris was with JPMorgan Chase Bank managing the Metroplex Trust Oil and Gas Group. She began her career with Hunt Oil Company working Oklahoma. Iris is a graduate of SMU with a degree in Journalism. She can boast about being one of the few native Dallasites and living no further than five (5) miles from where she was born. She is the proud mother of Susan Gleiser, a 2011 graduate of Vanderbilt, currently employed with Vanderbilt Law School in the Development Department. Iris is married to Floyd Stanley and they are the proud pet parents of Jackson and Watson. 3rd Vice President - Website Ashley St. Pierre, RPL Encana Oil & Gas (USA) Inc. Ashley St. Pierre is a Land Negotiator with Encana Oil & Gas (USA) Inc. Ashley is a 2007 graduate of Texas Tech University with a BBA specializing in Energy Commerce. She completed internships with Chesapeake Energy Corporation and Encana Oil & Gas (USA) Inc. in 2005 and 2006. Upon graduation, she accepted a full time position with Encana in Dallas. Ashley’s work has focused on the Deep Bossier play in East Texas and the Haynesville play in North Louisiana. She has also managed Encana’s non-operated properties in the Haynesville and Tuscaloosa Marine Shale plays. Ashley has been an AAPL member since 2004, and this is her second year to serve on the DAPL Board of Directors. Prior to joining the Board, Ashley has volunteered for DAPL by creating Welcome Home the Troops and also coordinated the NGL scholarship fundraising golf hole at the annual golf tournament for several years. Ashley and her husband Matthew live in Little Elm. She enjoys off-road biking, watching NFL football and working on house projects. 8 Treasurer Greg Brown, JD CPL Laredo Petroleum Greg is a Dallas native and is a Senior Landman with Laredo Petroleum. Greg is a 1991 graduate of the University of North Texas and a 1994 graduate of Oklahoma City University School of Law. After practicing law for three years, focusing mainly on title, probate and estate planning, Greg began his oil and gas career with Conoco, Inc. in Ponca City, Oklahoma. Throughout his oil and gas career, Greg has held a variety of land positions, including Lease Analyst, Division Order Analyst, GIS Analyst and Consultant. Greg currently resides in Richardson with his wife Dawn and their two children Bailey (14) and Aidan (9). In his free time, he enjoys golf, tennis and watching Texas Rangers baseball. Sergeant-at-Arms Adam Griffin, CPL J-W Energy Company Adam is currently the Land Manger for J-W Operating Company, managing a land group that focuses on multi-county leasing, drilling, and A&D programs within the ARK-LA-TX region. He is a 2002 graduate from The University of Oklahoma with a degree in Energy Management and a minor in Finance. Adam began his career in 2001 with Southwestern Energy Company as a summer land intern. After graduating from Oklahoma, he joined J-W Energy Company and has worked several onshore areas including: N. Louisiana, Arkansas, E. Texas, N. Texas, and Kansas. Adam has been an AAPL member since 2001, and he previously served on the DAPL board as Treasurer from 2005-2008. Adam is originally from Oklahoma and grew up in a small town outside of Tulsa. Adam currently resides in Dallas in the Lakewood area with his wife, Leigh Ann and new son Graham. NGL & Membership Co-Director Ryan Boschetti, RPL Hunt Oil Company Ryan Boschetti started his career as an intern at Southwestern Energy Company and joined J-W Operating Company after graduating from The University of Texas at Austin with a BA in Psychology in 2008. Ryan managed Barnett and Haynesville prospects during his 5 years at J-W. He has recently moved to Hunt Oil Company’s North American Exploration Team in January 2013. In addition to being on the DAPL Board, Ryan is on the Advisory Board for YPE. One of Ryan’s most notable accomplishments is completing his private pilot’s license in the summer of 2012. 9 Ryan and his wife, Leslie, are high school sweethearts. Leslie is an RN at Parkland in the Surgical ICU. They don’t have any children yet but their two labs keep them plenty busy for now. They both enjoy all kinds of sports, the outdoors and spending time with family and friends. Secretary Yaroslav Andrus, CPL Pioneer Natural Resources (USA) Inc. Yaroslav is a 2005 graduate of University of Oklahoma with a BBA Kevin Dickerson, CPL in Energy Management. Yaroslav started his career with an internship at KerrMcGee Corporation in Denver. UponOil graduation, Eagle & GasYaroslav Co. accepted a Landman position at Petrogulf Corporation where he worked the Rockies and California assets. In 2007, Yaroslav joined Pioneer Natural Resources USA, Inc., where he is currently a Senior Landman working the horizontal Wolfcamp project in the Permian Basin. Prior to the Permian project, Yaroslav has worked Pioneer’s Barnett Shale and Rockies assets. In addition to his Landman duties, Yaroslav co-manages Pioneer’s Land recruitment process for summer interns and entry-level Landmen. AAPL DIRECTOR Yaroslav currently lives in Flower Mound, Texas with his wife, Leslie and daughter Lily. Yaroslav and Leslie are expecting their second baby girl due in September 2013. Yaroslav enjoys spending time with his family, traveling, and watching Sooner football. Yaroslav has been an AAPL member since 2002, and this is his first year to serve on the DAPL Board of Directors. Education Director Joel Robbins, RPL Merit Energy Company Joel is a 2006 graduate of Texas Tech University with a BA in Public Relations with research in Psychology. He currently manages properties and partner relations in the Rocky Mountain region for Merit Energy Company, whom he has been with since 2013. Joel came to Dallas from BBX Operating in Austin, where he managed portions of an East Texas drilling schedule, in addition to GIS mapping and land database conversion. Previously, he was with Harding Energy Partners in Dallas, where he co-managed a Barnett Shale project with respect to title, leasing, unitization and financials. Joel’s post-graduate field work was with Houston-based Craig S. Charbonnet, Inc., where he gained valuable oil and gas training on the ground. Joel has been a member of AAPL and DAPL since 2006, and this is his first year to serve on the DAPL Board of Directors. In addition to oil and gas, Joel provides public relations support in branding, media relations and event planning for various clients. He also volunteers with youth and breast cancer charities. Joel enjoys rooting on the Red Raiders, traveling, live music and anything outdoors with family and friends. 10 Advertising Director Wes Minshall, RPL J. Cleo Thompson Wes is a graduate of the University of Colorado, with a BS in Business. After graduation he started working for an oil and gas brokerage firm in the Denver Metro area. Eventually, he went on to become an Independent Landman until relocating to the Dallas area and accepting a job with Merit Energy Company in 2007. Currently, Wes is a Senior Landman at J Cleo Thompson working all land functions for the company, but with a specific focus on their operated properties in Texas. Wes has been a member of both the AAPL and DAPL since 2007 and received his RPL certification in 2010. Wes lives in Plano with his wife Kristin, who is a Speech Language Pathologist, and two spoiled rotten dogs. He enjoys traveling, collecting guitars, classic cars and golfing (but only in the spring and fall). He has also been known as a dominating force in the game of foosball (or table soccer). Publications Director Jerry D. Padilla, RPL Thomas Development Corporation Jerry Padilla is a Senior Landman and Project Manager with Thomas Development Corporation. Jerry graduated from Texas Tech University in 2001, and found his career in the oil and gas industry in 2007. After gaining experience in running title, due diligence, curative, right-of-way, and leasing in the Barnett Shale he is currently responsible for overseeing various projects in the Texas region for an array of valuable clients. Jerry and his wife, Deanna, currently reside in Frisco with their pride and joy, Davis, who turned 2 years this past June. In addition to being excited about becoming a dad, Jerry enjoys tennis, scuba diving, golf, and cheering on the Texas Tech Red Raiders. Jerry has been an AAPL member since 2007, and this is his third year to serve on the DAPL Board of Directors. 11 Immediate Past President Kelly Kessler, CPL Encana Oil & Gas (USA) Inc. Kelly Kessler has been a Land Negotiator with Encana Oil & Gas (USA) Inc. since 2008, and she has been involved in the following plays: Cotton Valley Sands in East Texas; Haynesville in North Louisiana; and Tuscaloosa Marine Shale in Louisiana and Mississippi. Kelly graduated from the University of Oklahoma, and she was active within the State of Oklahoma until being transferred to Dallas in 1987. Prior to joining Encana, Kelly worked in-house for several energy companies, some of which include Sabine Corporation, Fossil Oil & Gas, Inc., Plumb Oil Company, Harbert Energy Corporation, Gruy Petroleum Management Co., and Harding Company. Her work experience has included prospects in Mississippi, Montana, Oklahoma, Texas and Louisiana. Kelly has been a longtime member of AAPL and is a Certified Professional Landman. She has also been a member of DAPL since moving to Dallas, and is currently in her sixth year on the DAPL Board of Directors, as Immediate Past President. She has previously served as Assistant Membership Director (2008-2009); Sergeant-atArms (2009-2010); Secretary (2010-2011); Advertising Director (2011-2012); and President (2012-2013). She has also served on several DAPL Committees (DAPL and AAPL Awards, Scholarship, Nominating, and Website), and has also participated in DAPL’s Special Olympics and Meet the Troops events. Her previous community activities have also included Junior League of Dallas and several Board positions with the Autism Society of Collin County (ASCC). Kelly lives in Frisco, Texas with her husband and three children, and enjoys spending time with her family, attending OU football games, and her other philanthropic pursuits, including active participation in a local food pantry. AAPL Director Kevin R. Dickerson CPL Eagle Oil & Gas Co. Kevin R. Dickerson, CPL, is a 1999 graduate of The University of Oklahoma with a BBA specializing in Petroleum Land Management. Kevin’s career began with an internship as a contract landman with Nichols Land Services in Oklahoma City in 1998, where he gained valuable title and field experience throughout many parts of Oklahoma and Kansas. Upon graduating from OU in 1999, Kevin accepted a Landman position with Coastal Oil and Gas Company/El Paso Corporation in Houston, where he managed projects in the Texas Gulf Coast and South Texas Divisions. In 2004, he accepted a position with Hunt Oil Company in Dallas, where he managed various regions, including South Louisiana, South and East Texas, Oklahoma and Arkansas. Kevin then joined International Mining Company in 2006 where he served as Vice President of Land and Minerals managing all of David H. Murdock’s mineral, royalty and working interests nationwide. In 2010, Kevin moved to Merit Energy Company as Land Manager, where he managed a team of landmen covering most of the continental US, including Michigan, Wyoming, Colorado, Kansas, Oklahoma, Louisiana and Texas. Most recently, Kevin joined Eagle Oil & Gas Co. where he serves as Vice President of Land & Business Development. Kevin has been involved in AAPL and DAPL for many years. Kevin has been on the DAPL Board of Directors for 6 years, including President in 2011-2012. Kevin was also recently awarded DAPL’s Landman of the Year for 2012-2013. Nationally, Kevin has been an AAPL member since 1998 and served as Chairman of AAPL’s Next Generation Landman Committee as well as stints on AAPL’s Publications Committee and IT/Website Committee. Kevin is currently serving as Chairman AAPL’s Awards Committee. Kevin currently resides in Prosper, TX with his wife Angie, who currently serves in the glamorous role of homeschooling Mom, and their 4 children: Natalie - age 8 - aspiring musician, athlete, and orator; Lainey - age 6 - fashion designer and artist extraordinaire; Rhett - age 4 - future heartthrob and MMA star; and Josiah - age 4 - the “tribal chief ” and newest member of the family via international adoption from Ghana. Kevin is active in his local church, Urban Oaks Fellowship, and his hobbies have been overtaken by all sorts of “fun daddy stuff ”. 12 PAID ADVERTISEMENTS NGL CONNECTIONS Please contact [email protected] to express an interest in participating in NGL Connections and learn more details. CONNECT~MENTOR~NETWORK David T. Holt Larry Lang Leasing • Title • ROW • Due Diligence Pittsburgh Ryan Lang Denver David Huff Dallas Kip Altman Pittsburgh Tom Spinks 4150 Washington Rd 518 17th St 14875 Landmark Dr 4150 Washington Rd STE 210 STE 210 STE 1105 Dallas, TX 75254 McMurray, PA 15317 Denver, CO 80202 McMurray, PA 15317 214-295-5315 724-746-9314 724-746-9314 303-571-5480 www.exterraresources.com 13 Carbon dioxide stored in N O I T C Marcellus Shale Wells RODU P could also S GA T S O O B By: Anne Danahy - July 11, 2013 UNIVERSITY PARK, Pa. Marcellus Shale and other natural gas plays are considered valuable for what can be extracted from them, but what if they could also be valuable and environmentally helpful after they are been depleted? That is a question Penn State faculty are looking at as part of a research project the National Energy Technology Lab’s Regional University Alliance is conducting. Seth Blumsack, John T. Ryan Jr. Faculty Fellow, and http://www.eme.psu.edu/faculty/ertekinTurgay Ertekin, head, Department of Energy and Mineral Engineering, and holds the George E. Trimble Chair in Earth and Mineral Sciences, are part of the group studying whether it would be possible and make economic sense to capture carbon dioxide produced at large point sources and pump it into existing natural gas wells. “It’s driven by the potential social problem of managing carbon dioxide emissions,” said Blumsack, who is also a faculty affiliate in Penn State’s Earth and Environmental Systems Institute. “The big boys like power generating plants and transportation get a lot of press,” Blumsack said. “But, heavy industry is a substantial contributor to global carbon dioxide emissions. The annual emissions from a really big facility, like a steel mill or cement plant, can rival the annual carbon dioxide emissions from a moderately-sized coal-fired power plant.” The study, the first of its kind, is also looking at what is known as enhanced gas production -- injecting carbon dioxide into the wells and stimulating more gas production. That scenario would mean separating the two gases, then pushing the carbon dioxide back into the formation, potentially reaping the economic benefit of the additional gas production -- depending on its market price. “What we are trying to do is develop and analyze the protocols to help us really understand the efficiency of sequestering carbon dioxide in shale reservoirs,” Ertekin said. “These reservoirs have been holding a different gas for millions of years in a secure way. They may turn out to be a dependable repository for us to sequester carbon dioxide in a secure way.” 14 Area map of the Marcellus Shale study Image: Penn State While using old oil and gas wells to store waste fluids, including those from hydraulic fracturing, has a long history, using those wells for carbon dioxide storage is new territory. Similarly, U.S. Environmental Protection Agency regulations covering carbon dioxide sequestration were designed with underground saline aquifers, not former natural gas drilling sites, in mind. If feasible, the initiative would mean that rather than decommissioning gas wells after production tails off, the wells could be recommissioned. The study, being done with scientists from West Virginia University and the U.S. Department of Energy’s National Energy Technology Laboratory, started in fall 2011 and is expected to be completed in November 2013. It is expected to provide technical guidance and economic analysis, particularly if comprehensive greenhouse gas emissions regulations are enacted in the United States. For the study, Ertekin and others on the team are building mathematical models of how shale gas reservoirs, specifically those in Pennsylvania, would react to having large volumes of carbon dioxide injected into them at high pressure. They hope to answer questions such as: What would that do to the fractures? How will the adsorption work? “If we sequester carbon dioxide, we have to make sure it’s long-term and will stay there in a secure way,” Ertekin said. “In these types of reservoirs, which have a relatively large depth and have stored gases for a long period of time, we expect they will be able to secure it in large volumes.” Blumsack is studying the feasibility of building a transportation network that could capture the carbon dioxide at the sources -- such as chemical plants and paper mills -- and transport it to the wells where it would be injected and stored. A key part of that is whether the project would be economically viable. So far, he said, the cost of transportation, appears to be “fairly modest” -- on the order of a few to several dollars per ton of carbon dioxide. “You can decrease these costs substantially if you can coordinate transportation with multiple industrial sources and multiple injection sites,” he said. “If each plant makes its own decision about managing carbon dioxide, the costs will be much higher than if the problem is approached collectively.” Similarly, the study includes a cost analysis of when obtaining additional gas by capturing and separating the methane and carbon dioxide that come back out would make economic sense. “If the natural gas that’s produced is low, then it’s not worth it and the well is capped,” Blumsack said. “But, with the price of natural gas going up, at some point it is worth it.” Another major cost will be the long-term monitoring of the sites. Ertekin noted that small-scale pilot studies would be the next step “once we find the answers to the scientific 15 and engineering questions for this type of system.” AAPL Report – June 2013 To: DAPL Members From: Bill Rex, Director Re: Director’s Report of AAPL Board of Directors’ Meeting – June 5, 2013 - Washington, D.C. It was my honor to represent DAPL at the AAPL quarterly board meeting in Washington, D.C. AAPL outgoing President Jim Dewbre provided an update on his local association travels along with a brief recap of his year as President. He reported that 1,100 people were registered for the Washington, D.C. conference, which was about 300 less attendees than last year. The location for the 2014 conference will be Montreal, Canada and the 2015 annual meeting will be in Nashville, TN. The conference was very well attended and had a range of topics to choose from. There were presentations geared for early career Landmen, field Landman topics and detailed discussions on regulatory matters, legal issues and horizontal drilling. The AAPL Awards Presentation took place just before the keynote speech by J.C. Watts. DAPL won the award for having the largest percentage of members who are also AAPL members at 85%! The following business items on the agenda were as discussed: The Board consented to giving $15,000 to the American Red Cross to be focused on helping the victims of the tornados in Oklahoma City and Granbury. Additionally, the Board approved matching the first $10,000 in donations made by members to the charity they contributed to for a total contribution from the AAPL of $25,000 in support of these relief efforts. In the Texas legislature, HB 500, the omnibus tax relief bill which included language that eliminates the margin tax for landmen and land service companies was passed by the Texas House and Senate and Senate and signed into law by Governor Perry on Friday, June 14. It was reported that AAPL membership is currently at 19,147 as of May 31, 2013. With this success and ever increasing public interaction with the Landman profession, AAPL has become more aware and involved in Legislative Regulatory issues. Following the board’s direction, Holly Carless was introduced as the Government Relations Officer to represent AAPL in various legislative interests. Winter NAPE attendance met or exceeded expectations with 16,788 attendees and the NAPE brand continues to be a profitable venture for AAPL with prospects for International as well as more regional venues being designed and planned. NAPE East held in Pittsburgh was viewed as a success with attendee numbers reaching approximately 2,100. AAPL and NAPE are looking forward to their newest venture moving west for NAPE Rockies, scheduled to be held in Denver, CO, December 10-14. Fred MacDonald reviewed and discussed an update to the Horizontal JOA and current reconciliation of the COPAS with revisions awaiting final review and approval. It is expected that these updates will be available before year end. The Board approved the recommendation of the Certification Committee regarding certain revisions to the Certification Program Specifications pertaining only to RPL applications. The Certification Program Specifications pertaining to RPL applications changed by (i) amending the available “credit years” for a bachelor’s degree and an EM degree or equivalent from an AAPL accredited university, from 2.5 “credit years” to 3.0 “credit years”, (ii) providing for a minimum of 2 years full time active landman experience, and (iii) deleted in its entirety the RPL experience waiver. A Personal Note: This is my last report as your AAPL Director, as Kevin Dickerson will be succeeding me. I have enjoyed the last 5 years serving as Director for DAPL. The AAPL has grown dramatically over this time period and I believe we have survived many issues regarding growth and direction and are poised for an extremely successful future. As with all organizations, it is time for new ideas and Kevin will certainly provide that for DAPL membership at the AAPL Board Meetings. I would like to thank everyone who has supported me during these years as we tackled many serious issues at AAPL. The support I have received from the DAPL Boards, the DAPL Presidents, and my friends and peers has enabled me to say what needed to be said at AAPL Board Meetings when, in my opinion, the status quo was not in the best interest of landmen or the AAPL itself, but I could not have taken these positions without the knowledge and support of all of you. It is my hope that you will give Kevin that same support you have given me. For the first time in many years I will not be a part of the DAPL Board, but I still will be at Hunt Oil and attend as many DAPL meetings as I can. Again, thank you for the opportunity to represent the DAPL on the Board of the AAPL Should you have any questions concerning the above, or if in the event you would like to discuss any matters relating to the AAPL, please contact me at 214-978-8600 or by email at [email protected]. Respectfully submitted, Bill Rex DAPL Director to AAPL 2011-2012 16 How Fracking is Drying Up One Unlucky Texas Town By: Douglas Main | Takepart.com ***please note the above picture is a stock photo and not a picture of the actual town*** If you had to choose between natural gas production or drinking water in your hometown, which would it be? Some Texas residents feel they haven’t been given this choice—and that hydraulic fracturing, or fracking, is taking more than its fair share of their groundwater, exacerbating the drought problems in an already parched region. The Guardian recently reported on the predicament facing a small town in Barnhart, Texas—which “appears to have run dry because the water was being extracted for shale gas fracking.” And fracking appears to play a role in many of these water shortages elsewhere in the state. Another 30 towns in the state are expected to run out of water by the end of the year, according to the Texas Commission on Environmental Quality. And about 15 million people are under some form of water rationing, wherein they are prevented from watering their lawns and the like. Beverly McGuire, a resident of Barnhart, told the Guardian that her wells ran dry soon after fracking started near her property two years ago. Another local rancher, Buck Owens, had to sell all of his 500 cattle and 90 percent of his goats because he didn’t have enough water to feed them after fracking contractors drilled 104 wells on his land. Other nearby residents with their own well water have been selling it for use in fracking, a process by which water and other chemicals are forcefully injected into the ground at high pressure to release pockets of oil and gas. In a nearby town, contractor Larry Baxter estimates he could make $36,000 per month selling water for fracking, he told the Guardian. 17 When it comes to water, West Texas is under a perfect storm—for lack of a better term (some residents are actually hoping for a hurricane to bring more water to the thirsty region). Water reservoirs have been depleted by years of drought, heatwaves that are becoming more frequent, growing urbanization, and now, fracking. Climate change likely plays a role in the region’s heatwaves and droughts. But to be fair, the area is no stranger to drought. “What happens is that climate change comes on top and in many cases it can be the final straw that breaks the camel’s back, but the camel is already overloaded,” Texas Tech University climate scientist Katharine Hayhoe told the Guardian. But fracking adds to the burden. In a nearby county, the process uses up 25 percent of the groundwater, according to the county’s groundwater conservation district. Perhaps ironically (given that climate change and fracking are both taking a toll on water supplies), the natural gas obtained from fracking has promise to be amongst the most efficient of fossil fuels, emitting less carbon dioxide by volume than does oil or coal. But some estimates suggest that the amount of methane that leaks out of fracking wells invalidates its edge as a “cleaner” fuel, since methane is a much more potent heattrapping gas than carbon dioxide. Even some environmentalists support fracking since the industry supplies a lot of jobs. A Moody’s economist told USA Today that the “exploration of natural gas deposits embedded in shale, followed by oil drilling that began in earnest late in the decade, has created more than 1 million” jobs out of the 2.7 million created nationwide since 2002. Fracking companies themselves realize the importance of a plentiful water supply. Antero Resources Inc., an energy company backed by New York private-equity firms, recently made news by planning to spend more than $500 million on a pipeline to carry water from the Ohio River into West Virginia and Ohio, according to the Wall Street Journal. The average well in the Marcellus Shale, a large area rich in oil and natural gas that stretches across the Appalachians in the eastern U.S., requires 4.2 million to five million gallons of water, the Journal reported. That’s enough to supply a town of 42,000 people for one day. 18 AAPL Education Calendar 2013 WI/NRI Workshop - Tulsa, OK Thursday, September 12, 2013 (8:00 AM-3:30 PM) Gulf Coast Land Institute - New Orleans, LA Thursday, October 24, 2013 - Friday, October 25, 2013 WI/NRI Workshop - Norman, OK Friday, September 13, 2013 (8:00 AM-3:30 PM) Field Landman Seminar - Wichita Falls, TX Thursday, October 24, 2013 (5:00 PM - 9:00 PM) Santa Fe Land Institute- Santa Fe, NM Monday, September 16, 2013 (8:00 AM-5:00 PM) Applied Land Practices - Fort Worth, TX Monday, October 28, 2013 (8:00 AM - 5:00 PM) Landman 411 Series: Post Lease Transactions - Fort Worth, TX Wednesday, September 18, 2013 (1:00 PM-4:30 PM) Basics of Geographic Information System - Oklahoma City, OK Friday, November 01, 2013 (9:00 AM-3:00 PM) Pooling Seminar- Billings, MT Thursday, September 19, 2013 - Friday, September 20, 2013 JOA Workshop - Houston, TX Tuesday, November 05, 2013 - Wednesday, November 06, 2013 Texas Land Institute - Houston, TX Monday, September 23, 2013 - (8:00 AM - 5:00 PM) Due Diligence Seminar- Denver, CO Friday, November 08, 2013 (8:30 AM-3:00 PM) Oil and Gas Land Review, CPL/RPL Exam - Oklahoma City, OK Wednesday, September 25, 2013 - September 28, 2013 Oil and Gas Land Review, CPL/RPL Exam - Fort Worth, TX Tuesday, November 12, 2013 - Friday, November 15, 2013 Field Landman Seminar - Erie, CO Thursday, September 26, 2013 (5:00 PM - 9:00 PM) WI/NRI Workshop - Midland, TX Friday, November 15, 2013 (8:00 AM-3:30 PM) Landman 411 Series: Calculating Interests - Fort Worth, TX Wednesday, October 09, 2013 (1:00 PM-4:30 PM) Due Diligence Seminar- OKC, OK Monday, November 18, 2013 (8:30 AM-3:00 PM) Appalachian Land Institute - Morgantown, WV Thursday, October 3, 2013 - Friday, October 4, 2013 Landman 411 Series: Title Assurance - Fort Worth, TX Wednesday, November 20, 2013 (1:00 PM-4:30 PM) Field Landman Seminar - Oklahoma City, OK Thursday, October 3, 2013 (5:00 PM - 9:00 PM) Intro To Field Land Practices - Houston, TX Thursday, November 21, 2013 - Friday, November 22, 2013 Landman 411 Series: Calculating Interests - Fort Worth, TX Wendesday, October 9, 2013 (1:00 PM - 4:30 PM) Pooling Seminar - Fort Worth, TX Monday, December 02, 2013 (8:30 AM-3:00 PM) Fundamentals of Land Practices & OPTIONAL RPL Exam - Roswell, NM Friday, October 11, 2013 - Saturday, October 12, 2013 Fundamentals of Land Practices & OPTIONAL RPL Exam - Pittsburgh, PA Friday, December 06, 2013 - Saturday, December 07, 2013 Oil and Gas Land Review, CPL/RPL Exam - Grand Rapids, MI Wednesday, October 16, 2013 - Saturday, October 19, 2013 WI/NRI Workshop - Houston, TX Friday, October 18, 2013 (8:00 AM-3:30 PM) WI/NRI Workshop - Corpus Christi, TX Saturday, October 19, 2013 (8:00 AM-3:30 PM) Pooling Seminar - Houston, TX Monday, October 21, 2013 (8:30 AM-3:00 PM) JOA Workshop - Denver, CO Wednesday, December 11, 2013 - Thursday, December 12, 2013 WI/NRI Workshop - Fort Worth, TX Friday, December 13, 2013 (8:00 AM-3:30 PM) Landman 411 Series: Putting It All Together - Fort Worth, TX Monday, December 16, 2013 (1:00 PM-4:30 PM) Note: Dates are subject to change, please check the AAPL website at landman.org for confirmation on events 19 REV.05/12 DALLAS ASSOCIATION OF PETROLEUM LANDMEN 2013 Membership Year P. O. Box 600096, Dallas, Texas 75360-0096 January-December Please accept my application for membership in the Dallas Association of Petroleum Landmen under the classification of membership I have checked below. I agree to be governed by the Constitution and Bylaws of the Association, including the Code of Ethics. Check one of the following: _____ ACTIVE Member ($150.00)– Active membership in the association shall be available to professional Landmen whose responsibilities primarily involve the acquisition, trading and management of oil, gas and all other mineral estates in land in a non-clerical manner. An applicant for active membership must have the sponsorship of two (2) Active Members of the Association who know the applicant. ASSOCIATE Member ($150.00) – Associate membership in the Association shall be available to all persons who are directly, primarily and regularly engaged in performing services in the oil, gas and mineral industry. Associate Members shall have all the rights and privileges of Active Members except they may not hold office in the Association, vote in Association affairs or sponsor membership applications. An applicant for associate membership must have the sponsorship of two (2) Active Members of the Association who know the applicant. NON-RESIDENT Member ($40.00) – Non-Resident membership in the Association shall be available at the discretion of the Board to individuals residing at least seventy-five (75) miles from downtown Dallas. Non-Resident Members will pay reduced annual dues as set by the Board. Non-Resident Members will have all the rights of Active Members except they may not hold office in the Association, vote in Association affairs or sponsor membership applications, and they will pay their share of any and all activities attended. An applicant for Non-Resident membership must be sponsored by two (2) Active Members of the Association or two (2) non-member CPL’s. If the applicant is a CPL no sponsors are required. PLEASE PRINT C L E A R L Y Full Name (please print) Preferred First Name Company Name__________________________________ Nature of Business (i.e., Production, Exploration, Brokerage, etc.) Position Title___________________ Does this position, primarily involve Landman responsibilities Length of Experience as a Landman _______ Office Address Street Office Phone ______________________________ (yes or no) Length of total energy industry experience _________ / Cell Phone (optional) All DAPL news/information is sent via email. E-mail Address Are you a member of the AAPL?______ (yes/no) City / Zip Please print legibly Birth date ___/___/_____ (for AAPL purposes) Are you a CPL?___RPL?___ ESA? ______ Universities Attended Other industry associations/societies of which you are a current member Date______________________ Signature of Applicant The following two (2) ACTIVE Members in good standing have signed below as sponsors of this applicant. Associate Members may not sponsor. Sponsor’s Signature Print Name Legibly: Email Address: Phone Sponsor’s Signature Print Name Legibly: Email Address: Phone MEMBERSHIP APPROVED: THE BOARD OF DIRECTORS DATE________________________ President______________________________ THIS APPLICATION MUST BE SUBMITTED TO THE ABOVE ADDRESS WITH A CHECK MADE OUT TO DAPL FOR ANNUAL DUES IN THE AMOUNT OF $150.00 IF ACTIVE OR ASSOCIATE, OR $40 IF NON-RESIDENT. 50% AFTER JUNE 1. RETURN TO ABOVE ADDRESS. Your dues cover the costs associated with all DAPL publications, regular meetings and social functions. AMBASSADORS OF THE OIL INDUSTRY LAND IS THE BASIS OF ALL WEALTH 20 DAPL News Dallas Association of Petroleum Landmen P.O. Box 600096, Dallas, TX 75360-0096 ________________________________ www.dapl.org Newsletter and Website Advertisement Guidelines OVERVIEW DAPL News is the Monthly newsletter of the Dallas Association of Petroleum Landmen. DAPL Newsletters are circulated from September through June to more than 500 members throughout the Dallas / Fort Worth area. Website ads run continuously throughout the year. ADVERTISEMENT SPECIFICATIONS Advertisements must be submitted in static gif, jpg, png or pdf format (no animations, video or audio). Advertisements must conform to the dimensions specified on the chart below. Alternative text for website advertisements must not exceed 255 characters. Website advertisements will follow a URL of your choice in a new browser window. NEWSLETTER TECHNICAL SPECIFICATIONS Color: CMYK color mode only Resolution: 300dpi – 600dpi ADVERTISEMENT SUBMISSIONS Send to [email protected] for information about how to get started. Deadline for artwork changes and new advertisements is two weeks prior to newsletter distribution date which is typically around the 1st of each month the newsletter is published. Advertisers are limited to one art work change per plan year. All ads and advertisers are subject to DAPL Board approval. Newsletters are distributed to its membership via email each month from September through June, and Website ads run throughout the year. Advertising Plan years run from September 1st through June 30th for Newsletters and September 1st through August 30th for Website ads. Artwork and payments are due by August 10th each year to ensure publication in the September newsletter. Website Advertisers will pay pro-rated amounts if renewed or commenced other than these times. For general questions about advertising with DAPL, please contact (Advertising Director) at [email protected]. The prices shown below are effective June 1, 2012. Newsletter Advertisements Dimensions and Price Sheet: Size / Type Dimensions Max File Size 10 Issues 5 Issues Per Issue, if less than 5 Issues Full Page 7.5 x 10.5 inches 3 MB $2,645 $1,465 $375 1/2 Page 7.5 x 5.25 inches 2MB $1,325 $775 $170 1/4 Page 3.75 x 5.25 inches 1MB $720 $400 $145 1/8 Page 3.75 x 2.125 inches 1MB $400 $260 $115 Website Advertisements Dimensions and Price Sheet: Size / Type Dimensions Max File Size Annual Fee Small Button 120 x 60 pixels 12k $135 Large Button 120 x 90 pixels 15k $210 Vertical Banner 120 x 240 pixels 20k $350 Skyscraper 120 x 640 pixels 20k $610 21
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