SIPES 47th ANNUAL MEETING
June 21-24, 2010
Colorado Springs, Colorado
Headquarters Hotel - Cheyenne Mountain Resort

Diane Finstrom, Executive Director (sipes@sipes.org)

Advertising & Sponsorship Information Now Available

(Icebreaker, Hospitality Suite, Foundation Seminar, Technical Sessions,
Post-Convention Trip, and Spouse Activities)

2004 Program Book (PDF)

2005 Program Book (PDF)

2006 Program Book (PDF)

2007 Program Book (PDF)

2008 Program Book (PDF)

2009 Program Book (PDF)

CHAPTER MEETINGS


Austin

Luncheon Meetings: County Line on the Hill Restaurant, 6500 Bee Caves Road, 1st Thursday, starts at 11:30 a.m. with speaker and lunch beginning at 12:00 noon.

Reservations: RSVP to Ward Davenport at wdaven@earthlink.com  Walk-ups are welcome, but RSVP to help us accommodate everyone. 

Cost: No charge for SIPES Austin Chapter members and affiliates who are pre-paid with chapter dues.  Guests and prospective members are welcome to attend.

Announced Meeting: No new meeting information is available.

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Corpus Christi  

Luncheon Meetings: Bay Room, Corpus Christi Town Club, Last Tuesday, 11:30 AM.  There will be a cash bar available for those wishing to come early and socialize.

Reservations Required: Contact Linda Phelps: office - 361-883-0055, fax - 361-883-0066, or email - lphelps@xogoperating.com by 9:30 a.m. Friday preceding the meeting.  Members are encouraged to bring guests.

Luncheon Cost:  Members are free, and $20.00 for guests.

Announced Meeting: January 26, 2010. "Outlook 2010" by Phil Plant, Herndon Plant Oakley, Ltd.

Phil Plant is a partner with Herndon Plant Oakley, Ltd. in Corpus Christi, Texas. He began his career with Rotan Mosle in San Antonio and subsequently moved to Corpus Christi in 1983 to manage the local office. In 1985 he joined Rauscher Pierce Refsnes, Inc. as resident branch manager and senior vice president specializing in portfolio management. In 1998 Mr. Plant and two partners formed their own brokerage/dealer and registered investment advisor firm, Herndon Plant Oakley, Ltd. Mr. Plant is very active in the local and investment community and currently serves as a director or trustee for several organizations including American Bank and Christus Spohn Health Systems. Mr. Plant was born in Seattle, Washington.

Future Meetings:

  • February 23, 2010

  • March 30, 2010

  • April 27, 2010

  • May 25, 2010

  • June 29, 2010

  • July 27, 2010

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Dallas  

Luncheon Meetings: Dallas Petroleum Club, 2200 Ross Ave. (due to remodeling at Royal Oaks Country Club), 3rd Tuesday, 11:30 A.M.

Reservations required for all meetings: Please call 214-571-6458 by 2:00 p.m. Friday preceding the meeting.

Luncheon Cost: Members paid in advance by annual fees. All guests must pay $30.

Announced Meeting: February 16, 2010. "The Stratigraphic Framework of the Haynesville Shale" by Bo Henk, Matador Resources Company.

Future Meetings:

  • April 15, 2010. Crawfish Boil at Winfrey Point.

  • May 7, 2010. Mexican Fiesta. 6:30 p.m. at the Petroleum Club.

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Denver

Luncheon Meetings: Wynkoop Brewing Company 1634 18th St. (18th and Wynkoop Streets, across from Union Station). 4th Thursday. Gather at 11:30 a.m. Lunch served at 12 noon.

Reservations required for all meetings: Call the SIPES Denver Chapter message line at 303-730-2967. At the end of the message, leave your name and phone number and the name of any guest you are bringing to the meeting. Or make your reservation via e-mail to sipesdenver@yahoo.com. Reservations must be made by noon on Monday preceding the meeting.

Luncheon Cost: $20.00 per person (unless you pay your annual dues).

Announced Meeting: No new meeting information is available.

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Fort Worth

Luncheon Meetings:  Meets at 11:30 a.m. on variable days and locations to avoid conflicts with other societies and events.

Reservations: RSVP to Russ Hensley at ar_hensley@sbcglobal.net by noon on Wednesday preceding the meeting. Guests are encouraged to attend. 

Luncheon Cost: $15.00 for members, $20 for non-members and $5 for students

Announced Meeting: No new meeting information is available.

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Houston

Luncheon Meetings:  3rd Thursday at the Houston Petroleum Club in the large banquet room, 800 Bell St. (downtown Houston). Social period 11:30 a.m. and lunch 11:45 a.m.

Reservations Required: Make reservations by telephone (713-651-1639), fax (713-951-9659), website (www.sipes-houston.org), or e-mail bkspee@aol.com to B. K. Starbuck-Buongiorno by 12:00 noon on Tuesday preceding the meeting. You can now sign up for the meeting online at www.sipeshouston.org, but payment is still required by regular mail or at the door.

Cost: SIPES Members and Chapter Affiliates who register by 12:00 Noon Tuesday pay $30; cost goes up to $35 for new registrations at the door. The price for guests, non-members and walk-ins is $35.00. (No-shows will be billed.)

Announced Meeting: February 28, 2010."Going Deep: McMoRan's High Impact Deep Exploration Play" by James R. Moffett, McMoRan Exploration CompNy.

For the last six years, McMoRan Exploration Company has been the leader of the Gulf of Mexico’s deep shelf exploration play, drilling numerous discoveries targeting deep Miocene structures at depths of 15,000 to 25,000 ft. McMoRan’s continued success with its deep shelf program
includes the Flatrock discovery on OCS 310 in South Marsh Island Blocks 212 and 217. During
2008, McMoRan expanded its exploration program to include the“Ultra Deep” play at depths of
25,000 to 35,000 ft, targeting giant structures below the listric detachments of the Miocene
shelf. The unprecedented deepening of the South Timbalier Block 168 “Blackbeard” prospect was a significant accomplishment for McMoRan’s drilling and geotechnical teams, an achievement that has
profound implications for the future of this game-changing exploration play.

Flatrock Field was discovered in 2007 beneath the Tiger Shoal Field. It is a prime example of the
“deeper pool” concept which is a fundamental aspect in the McMoRan exploration strategy. The shallower Tiger Shoal Field, discovered in 1958, is in normal pressured reservoirs with 110 wells that have produced 3.3 TCFE. Flatrock Field has six wells producing from the abnormal pressured Rob L and Operc (14,800 to 17,200 ft) reservoirs. Production from the Flatrock field averaged a gross rate of approximately 280 MMCFE/D in the third quarter of 2009. Production from the field is expected to increase in early 2010 following planned recompletions and remedial activities. These high production rates are evidence of excellent porosity and permeability at these depths. The recent announcement of positive drilling results at the Blueberry Hill Sidetrack prospect on SL 340 at depths of over 20,000 ft highlights the continuing potential of the deep shelf play.

McMoRan Exploration’s ultra deep drilling program has identified multiple deep, large structural
traps below the regional listric fault/salt weld with reservoir targets of Miocene, Paleogene, and possible Cretaceous age. McMoRan has drilled two ultra deep wells in the play. In 2008, McMoRan re-entered and deepened the Blackbeard well in South Timbalier Block 168 from
30,067 ft MD to total depth of 32,997 ft MD. This exploration well discovered four hydrocarbonbearing intervals within the Miocene section. In 2009, McMoRan evaluated the Davy Jones prospect, re-entering the South Marsh Island Block 230 No. 1 well and deepening it from original total depth of 19,958 ft MD to total depth of more than 28,000 ft MD as of December 2009, and as of this date, the well continues to be drilled to a planned total depth of 29,000’.

The large ultra-deep structures were interpreted on regional 2D seismic data, on pre-stack time migrated (PSTM) 3D seismic data and on proprietary reprocessed pre-stack depth migrated (PSDM) 3D seismic data. Available deep well data were utilized to calibrate the geologic model for the section above the salt weld. The ultra deep prospects are similar to deep, large sub-salt structural traps in the deep water Gulf of Mexico with reservoirs of Middle Miocene to Lower Paleocene age
at depths below 20,000 ft subsea. The Middle Miocene to Lower Paleocene sandstone reservoirs in both the deep water and the deep shelf were deposited in deep water depositional environments.
Preservation of porosity and permeability with depth of burial is a major risk factor for deep sandstone reservoirs in the shallow water areas of the Gulf of Mexico shelf.

McMoRan has generated an impressive inventory of high potential prospects and will continue to pursue its deep shelf and ultra deep exploration opportunities on the Gulf of Mexico shelf in 2010.

James R. Moffett is Co-Chairman of the Board of McMoRan Exploration Co. (NYSE: MMR). MMR is engaged in the exploration, development and production of oil and natural gas reserves offshore in the Gulf of Mexico and onshore in the Gulf Coast area. McMoRan has a diversified portfolio of oil and gas properties with significant production and cash flow generating capacity and a
large exploration acreage position to pursue opportunities on the shelf of the Gulf of Mexico.

Mr. Moffett is Chairman of the Board of Directors of Freeport-McMoRan Copper& Gold Inc. (NYSE: FCX). FCX is one of the world’s leading international mining companies, and is engaged in minerals exploration, mining, smelting, refining and related operations around the globe. Under Mr. Moffett’s leadership in 1988, FCX discovered the Grasberg ore complex in Papua, Indonesia, which contains the world’s largest reserves of copper and gold. In 2007, FCX acquired the Phelps Dodge Corporation in a $26 billion transaction that created the world’s largest publicly traded copper company. With 25,000 employees, FCX operates large, long-lived, geographically
diverse assets with significant proven and probable reserves of copper, gold and molybdenum and has a dynamic portfolio of expansion and growth projects.

Born in 1938 in Houma, Louisiana, and raised in Houston, Texas, Mr. Moffett received a BS degree in Geology from The University of Texas in 1961, and a MS degree in Geology from Tulane University in1963.

Future Meetings:

  • March 18, 2010. "Developing an Exploration Tool in a Mature Trend: a 3D AVO Case Study in South Texas" by Mark Gregg, #2883, Kiwi Energy.

  • April 15, 2010. "Hedging for the Small Investor" by Wayne Penello, founder of Risked Revenue.

  • May 20, 2010. "Addressing Conventional Parameters in Unconventional Shale Gas Systems: Depositional Environments. Petrography, Geochemistry and Petrophysics in the Haynesville Shale" by Ursula Hammes.

  • June 17, 2010. Proposed speaker Bruce Vincent, president of IPAA (joint meeting with HGS).

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Lafayette

Luncheon Meetings: Petroleum Club, 2nd Wednesday, 11:30 a.m. Contact David Dupre at 337-269-1821.

Announced Meeting: No new meeting information is available.

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Midland  

Luncheon Meetings: Midland Country Club, 3rd Wednesday, 11:15 A.M. Contact Greg Hair at 432-682-9653 or gregeol@mccabeenergy.com. Have a glass of wine before the meeting. Get caught up on the latest take-over rumors, exploration plays, investment opportunities, and political hot topics!

Luncheon Cost: $15 for guests. Guests: Prospective members are always welcome at our lunches.

Announced Meeting: January 20, 2010. "Limestone - Is It a Mineral or a Rock?" by Tom Scott.

Tom Scott, a long-time local attorney, will present a discussion on the legal issue of the definition of limestone as a mineral or a rock. The State Land Office has instigated the question claiming it owns the surface and nearsurface limestone in a rock quarry mining limestone for export to a cement
manufacturer in Mexico.

Future Meetings:

  • Thursday, February 11, 2010. Annual Spouse's and Special Guests Banquet will be held at the Midland Country Club beginning at 6:00 p.m. with drinks and socializing. Dinner is scheduled for 7:00 p.m. Invitations will be sent out by mail.

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New Orleans

Luncheon Meetings: Andrea's Restaurant in Metairie. 3rd Tuesday of each month from September through May. Social w/ cash bar 11:30, Lunch and speaker 12:00 Noon.

Reservations Required: Contact Ed Barry at 504-835-2508. Deadline is two days before the meeting.  

Luncheon Cost: Members are paid in advance with chapter fees. Guest fee is $30.

Announced Meeting: No new meeting information is available.

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Oklahoma City

Luncheon Meetings: Petroleum Club, 35th Floor of Bank One Building. 1st Wednesday at 11:30 AM.

Reservations Required: We will no longer be taking individual reservations and there will not be calls made to Terry Hollrah's office. Instead, we will have a certain number of tables ready each month.

Luncheon Cost: Members paid in advance with chapter fees. Guests $15.00. No charge for first-time eligible guests interested in membership.

Announced Meeting: February 3, 2010. "Tectonics, Basement Structures, and Earthquakes in the Oklahoma Region" by G. Randy Keller.

Oklahoma lies at the intersection of several major tectonic features that are of Late Precambrian and Paleozoic age. These features are globally significant, and the resulting deep structures are large and complex. The Oklahoma region was affected by two major rift zones, the Mid-Continent Rift (MCR) system and the Southern Oklahoma Aulacogen (SOA). The MCR is traditionally viewed as ending in central Kansas and the SOA can be interpreted as ending in the Texas panhandle. However, we have employed new seismic data and public-domain compilations of gravity and aeromagnetic data for the U.S. to construct a series of maps using a variety of digital filtering techniques in order to better delineate anomalies and interpret regional-scale structures.

G. Randy Keller is a professor in the School of Geology and Geophysics at the University of Oklahoma and holder of the Edward Lamb McCullough Chair in Geophysics. He also serves as the director of the Oklahoma Geological Survey and State Geologist. His research interests stress the geological applications of geophysics and span a variety of techniques at a variety of scales. He, his students, and colleagues have conducted many studies of the structure and evolution of the crust using gravity, magnetic, remote sensing, and seismic measurements integrated with geological data, often as part of large international cooperative efforts.

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San Antonio  

Luncheon Meetings: Petroleum Club of San Antonio (Frio/San Miguel Room) 8620 N. New Braunfels Ave., 7th Floor, 3rd Thursday, 11:30 a.m. Executive Board meeting at 11:00 a.m.

Reservations Required: Call Doreen Brooner at 210-822-9092 by Wednesday before the meeting. 

Luncheon Cost: Members paid in advance by quarterly dues. Please bring your meeting announcement card with you to check in - your dues must be current. Guests and Chapter Affiliates - $25.00.

Announced Meeting: No new meeting information is available.

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Notice:  SIPES Chapter Correspondents - Please send, fax or email your monthly meeting notices to the SIPES National office to be included on this page. Help to keep our meeting data up to date!

Fax
214-363-8195, E-mail sipes@sipes.org