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June 2006

2006-07 AAPG Officer Election Results Announced

Willard R. “Will" Green, an independent from Midland, Texas, was voted president-elect by the AAPG membership. He will serve as AAPG president in 2007-08.

Members Voting on VP Question

Members are now voting if the Association will have two vice presidents, a proposal that was approved by the AAPG House of Delegates during its meeting at the Annual Convention in Houston.

Emphasis: Rocky Mountains

Oil Finder Shares Some Insights

Dick Findley has two pieces of advice for working petroleum geologists. You’ll want to pay attention. Findley opened up a Bakken formation play that led to development of the giant Elm Coulee oil field in eastern Montana. The field now produces almost 50,000 barrels a day of high-quality crude.

Uinta Success Didn't Come Easy

Success stories often include words like “fun” and “wonderful.” When Roy Roux talks about his company’s success in Utah’s remote and rugged Southwest Uinta Basin, different words are used. Words like hard. Frustrating. Challenging.

Pinedale: Tight Gas, Tight Rules

Environmental concerns are a major factor in all U.S. exploration, but it is especially true in the West. That includes Wyoming’s Pinedale Field, a tight gas sand giant in the northwest part of the Greater Green River Basin.

Right Market? Right Price?

The Rocky Mountain region is poised to become the center of U.S. onshore gas production. The reserves are there, Rutt Bridges told a gathering in Denver earlier this year, but the big question hovers: Is the price right?

'Unconventional' Becoming Usual

An oil executive talking in the heart of the Gulf Coast pointed to an unexpected locale in forecasting the “it” place for future gas production. His pick to be the soon-to-be-crowned king of natural gas: the Rocky Mountains.

Standing Columns

President’s Column

President Reflects On Past Fiscal Year

This is the last letter I shall write to AAPG members as their 89th president, and it summarizes the Executive Committee’s goals and accomplishments during the 2005-06 fiscal year. Following are some comments on a few developments not anticipated when I took office. From there I’ll move on to some observations about AAPG policies and directions, and conclude with some personal observations about my year as president.

Director’s Corner

Science: A Core Value of AAPG

As I am writing this column I am returning from the first European Region field workshop held in Mallorca, Spain. Once again, I am wondering how close the airlines are going to move the seats (my knees are now arm rests for the person in front of me), and eating food that nobody would touch in a regular restaurant.

Division Column DEG

CO2 at the Center of DEG Projects

A joint effort by the Energy Minerals Division and the Division of Environmental Geosciences has been undertaken to compile peer-reviewed contributions of research and applications of geological sequestration of CO₂ being performed in the petroleum, energy minerals, and environmental fields into an AAPG special publication.

Geophysical Corner

Seismic Imaging? Try Stratal Slicing

Many people today view land surfaces from commercial airplanes or on satellite images and are amazed by the geomorphic forms of river channels, deltas, barrier islands, dune fields and other features. These views show us modern stratal-time surfaces of exposed landforms. Three-D seismic technology has now made it possible to image similar, but much older, geomorphic features and stratal surfaces preserved in the rock record.

Policy Watch

Be Alert: Actions Are Being Taken

Even with Congress in recess a large part of the month of April, Washington remains an active place -- and to help keep everyone better informed, Carl J. Smith and the Government Affairs Committee are working to reactivate the system of “Action Alerts” for notifying members of pertinent issues.

Regions and Sections

European Region

Officials are calling the first-ever AAPG European Region conference to be held in Mallorca, Spain, a “great success.” The conference, “Architecture of Carbonate Systems Through Time,” was held in late April and attracted over 130 attendees from 31 countries -- and over half of those attending were members of AAPG.

News & Features

OTC Crowd Reaches 25-Year High
Conventions, Business and Economics

By Louise Durham
Houston a Big Success
Conventions, Business and Economics

By Vern Stefanic
World Oil Demand Compared to World Productive Capacity
Business and Economics, Environmental, Climate Change, Economics, Risk Analysis

By Peter Rose
Being Taken for Granted Not Bad
Business and Economics

By Louise Durham
Lower Consumption Prescribed
Business and Economics, Alternative Resources, Renewable Energy

By Susan Eaton
Create World Not Enslaved to Oil Price
Business and Economics, Alternative Resources

By Susan Eaton
Tough Future Awaits World of Oil Addicts
Conventions, Business and Economics

By Larry Nation
Prices Creating New Conversations
Business and Economics

By G. Warfield "Skip" Hobbs
Foundation Elects New 'Members'
Foundation

June 2006

Table of Contents

Emphasis: Rocky Mountains

Standing Columns

News & Features

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