Industry View 


Since PTTC is in the midst of becoming industry funded, PTTC chose for the interviews this issue to get feedback from some of its past Chairmen. We posed the following question:

From your current perspective and activities, looking back on the time when you led PTTC as Chairman, what do you believe the greatest value-added component is that PTTC brings to the domestic industry?

We weren't able to catch up with all of them, but those responses we did capture reveal PTTC's true flavor.

Chris Hall, California (3/95 - 3/96). When I look back to the DOE meeting in 1991 when Jim Russell and I were challenging the DOE to consider a technology transfer program for independent oil and gas producers, I am amazed at how much has been accomplished by the PTTC during the past thirteen years. There is no question that the domestic oil and gas producer has benefited from the PTTC. He has been provided with producing techniques and operating practices that helped reduce his operating costs when oil prices were low and his ability to survive was being threatened (how soon some forget!). He is now being exposed to proven technologies that can be used today to stimulate additional production from mature reservoirs. The fence that the producer looks over to see what new technique is being used by his neighbor has

been extended to reach across the entire country, bringing him more solutions to his problems. And the Country has benefited as well. If each of the 1,350+ workshops PTTC has hosted through the years provided at least one producer the tools or encouragement to keep operating rather than quit and abandon his wells, then we are in a much better position to supply the oil and gas the country demands each day.

Bob Nance, Montana (3/96 - 3/99). The greatest value-added component that PTTC lends to the domestic E&P industry is that it acts as the independent producers link to research and development. Research and development is not now nor ever has been developed by the various independent companies that make up the majority of exploration and production in this country, but rather the service sector and our universities. Without a technology transfer agent most, if not all, of the independent producers in the U.S. would not have exposure to the technology that could make or break a particular development or exploration opportunity that collectively could make the country less dependent on foreign sources for energy. The exciting Bakken Play in my part of the woods is a prime example of technology and technology transfer working to add production and reserves.

Leo Schrider, Ohio (3/99 - 3/01). I was involved with PTTC even before its official beginning.

 Although with a major Appalachian independent, I had just finished serving a stint with the Department of Energy's R&D group in West Virginia. From that perspective, I was never confident that the technology developed with federal funding ever really got into the hands of the independents who needed it. This included R&D results from tight gas, coalbed methane and shale gas research—all areas where I found my company facing technology needs. The potential for PTTC connecting independents to this research drove me to work within PTTC to make the potential a reality. There were some growing pains in the early years. Now as an adviser to O&G investors, often in technology plays, I'm finding even more value from PTTC. There is nowhere else that, for a nominal fee, I can go to a concise one-day workshop and hear technology experts convey "up-to-the-minute" insights. An example—the day after a recent PTTC workshop on stimulation for the Appalachian Basin, I was already pursuing some technology leads. How's that for a payout. The vendors I'm dealing with also like that payout.

Brook Phifer, Colorado (3/04 - 3/05). PTTC's real strength is how the local producers direct the ten regions. Each region has a Producers’ Advisory Group (PAG) that is made of local producers, contractors and consultants. These volunteers have the charge of identifying and managing one region's tech transfer needs. The PAG works alongside the regional lead organization, a university or the state geological survey, to develop the programs, workshop ideas, and other local technology transfer services needed by that region. This program is worked into an annual plan and budget that is then approved by the PAG. Because of the local producers, each program is distinctive and reflective of the needs of the various regions in the U.S. Since each of the 10 PAGs has a seat on the national board of directors, and with the coordination between the lead organizations, specific workshops that apply across the regions are easily incorporated into all of the applicable regions. Therefore, each region can have a national perspective but a local emphasis.


Network News
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PTTC

4th Quarter 2006