Table of Contents

Volume 13, No. 2, July 2007

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Technology—The Engine That Drives Oil And Gas Production
Those who know, sharing what they know, for mutual benefit

 
 Petroleum Technology Transfer Council   

       WWW.PTTC.ORG    

Notes From The Director

2007 has been an interesting year—in Oklahoma where I live it is late July and average rainfall is 25% above normal and still not a single day above 100 °F. That doesn't mean the heat is not on. PTTC continues to adapt and make progress towards an industry-funded model that will ensure we're here for the long term. Two key elements to our transition are (1) the receipt of some DOE funding to assist with the transition and (2) the move towards an AAPG-managed PTTC. The latter would bring a lot of resources to the table that PTTC on its own could likely never develop. It's not a done deal, but AAPG and PTTC are working diligently to bring it to pass, with DOE's full support and hope for some continued federal involvement in the long term. So the message is— have faith and stick with us. It will be good.

One element that we're examining for the future is "Knowledge Centers." Read about them on page 2, then give us your feedback on priorities by completing the Online Survey. I promise that doing it online will be painless. If not online, do it through fax. Either way, it is your input that we need.

 

 

 

In This Issue

  3
Tech Transfer Track ............ 5
Environmental Corner ........ 7-9
DOE Digest ......................... 7
The Regions ....................... 8-14
Upcoming Events/PTTC Roundup .............................
15

AAPG, PTTC Sign Letter of Intent

PRESS RELEASE JULY 2007


The American Association of Petroleum Geologists and the Petroleum Technology Transfer Council in early July signed a Letter of Intent for AAPG to assume management of PTTC activities.

AAPG is a professional scientific organization with over 31,000 members in 115 countries. Since 1994, PTTC, funded primarily by the U.S. Department of Energy with funds matched by the states and industry, has been a recognized force for transferring exploration and production technology to domestic U.S. producers. Serving industry locally through Regional Lead Organizations, typically at universities or geological surveys, PTTC's primary focus has been serving independents.

One likely result of the transition is realignment with AAPG’s sections to realize synergy with their active volunteers.

Last year, Congress declined to provide FY07 funding for many elements of the Department of Energy's natural gas and oil R&D program from which PTTC drew its federal funds. DOE ultimately provided $1 million of funding through September 2008 to help PTTC transition to a primarily industry-funded organization.

PTTC's primary tool for transferring E&P technology is regional workshops, which are supplemented with a strong web presence, newsletters and other personal outreach. Using these tools, PTTC connects producers, the service sector, consultants, researchers and others with the data and technology information needed to spur technology application.

Topics addressed by PTTC activities have covered the full spectrum of E&P operations, including exploration, unconventional resources, enhanced recovery processes, imaging technology, drilling and completion, hydraulic fracturing and many others.

The agreement provides for a due-diligence period of 60 days after which, presuming positive negotiations, the transition to an AAPG-managed PTTC would occur.

For further information contact:

Larry Nation                                                    E. Lance Cole
AAPG Communications Director                 PTTC Executive Director
800.364.2274, ext. 648                                     918.241.5801
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