SIPES 47th
ANNUAL MEETING
June 21-24, 2010
Colorado Springs, Colorado
Headquarters Hotel - Cheyenne Mountain Resort
Diane Finstrom, Executive Director (sipes@sipes.org)
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(Icebreaker, Hospitality Suite,
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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: February 23, 2010. "Austin Update" by Todd A. Hunter, Texas House of Representatives.
Todd A. Hunter attended the University of Kansas and Southern Methodist University Dedman School of Law. Hunter has practiced law since November 1978 and is currently a senior partner of Hunter & Handel, P.C. in Corpus Christi, Texas.
During his previous tenure in the Texas House of Representatives (1989-97), Todd served on the Civil Practices Committee as its chairman (1995) and on the Appropriations Committee as the Chairman of the Education Sub-Committee (1991-94). In 2008, he was elected to the Texas House as the Representative of District 32, which includes Aransas, San Patricio, and Calhoun counties as well as part of Nueces County. In 2009, Todd was named the Chairman of the Committee on Judiciary & Civil Jurisprudence. He also currently serves on the Insurance and General Investigating & Ethics Committees.
Future
Meetings:
- 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: March 2, 2010. Texas Energy Council 22nd Annual Energy Symposium - Global Energy: Today & Tomorrow. The symposium will be held at Hughes-Trigg Student Center at SMU starting at 7:00 a.m. Keynote Luncheon: "CO2 Enhanced Oil Recovery & Sequestration" by Tracy Evans, President and COO Denbury Resources.
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: March 18, 2010."Developing an Exploration Tool in a Mature Trend: a 3D AVO Case Study in South Texas" by Mark E. Gregg, #2883 (speaker) and Charles T. Bukowski, Jr., #3116.

If at first you don’t succeed, try
something unconventional. Successful
exploration for new reservoirs
in mature trends often requires
trying techniques unproven
in the area. The mature Vicksburg
play in south Texas has been
heavily explored since the
1920's using subsurface
geology and
structural mapping based
on conventional seismic
data. There is a scarcity
of direct hydrocarbon indicators
such as bright
spots that have been key
to much of the success in
other Tertiary formations in the region.
Our initial exploration campaign
with conventional 3D seismic
was disappointing. However, attention
to rock properties coupled
with application of a novel processing
technique allowed us to develop
a solution to our dilemma.
In the 1990's a large nonexclusive
3D seismic survey
was acquired in the
area and led to increased
exploration activity. The
prime motive for the 3D
was to image the complex
faulting and resulting compartmentalization
of the Vicksburg.
Given the mature nature of the
area, typical exploration targets
are moderate-potential fault blocks
in productive intervals and higherpotential
targets in deeper, untested
section.
Edge Petroleum and Carrizo
Oil and Gas licensed a 450
square mile portion of the
3D survey. Early work led to
the identification and drilling
of several Vicksburg structural
traps, resulting in one
commercial gas discovery,
one noncommercial discovery,
and three dry holes.
Given the moderate potential
of the prospects, a 20
percent success ratio meant
the economics of our exploration
program were marginal.
Hence, we were
prompted to search for an
exploration tool that would
help us to improve our success
rate.
Two prospects drilled a
few miles apart in our initial
exploration campaign
targeted Vicksburg sandstones
at 5,500-7,500 ft.
Our technical evaluation
showed them to have
analogous stratigraphy,
structure, timing of trap
formation, and proximity
to source. Neither exhibited
anomalous seismic
amplitude. Drilling found
the predicted reservoir facies
in both. However, one
was a commercial gas discovery
and the other a dry
hole. Perplexed
and challenged by these
results, we selected these
two prospects as our laboratory
for developing a
better risk-assessment
technique.
Seismic models were
generated using dipole sonic data gathered
in the discovery well. The models
suggested that Class 2 AVO anomalies
would be associated with Vicksburg gas
reservoirs. A pilot reprocessing study
demonstrated that known gas reservoirs
generate Class 2 AVO anomalies
and that seismic incident angles greater
than about 26 degrees are required to
observe them. It was observed that the
application of conventional normal
moveout resulted in improper imaging
of the far offsets needed to discern the
Class 2 anomaly. However, reprocessing
the data utilizing nonhyperbolic
moveout produced usable data at incident
angles of up to 40 degrees resulting
in proper stacking of the needed far
offsets.
Resulting angle stacks were visualized
on a workstation. Several untested AVO
anomalies were identified, including
stratigraphic traps. Wildcat drilling
based on this effort resulted in six commercial
discoveries and two dry holes, a
success rate significantly higher than
was achieved through conventional subsurface
geology and structural mapping
in this mature play.
Mark Gregg is President and CEO
of KiwiEnergy, Ltd., an independent
E&P company based in Houston.
Prior to founding KiwiEnergy
in 2000, Mark began his career in
1981 with The Superior Oil Company,
followed by Mobil Oil and
Edge Petroleum, primarily in exploration
roles, including several
years in both Indonesia and Nigeria.
Mr. Gregg has over 28 years of
successful exploration experience
and is responsible for numerous
significant discoveries along the
Gulf Coast and in Nigeria. Mr.
Gregg received a B.S. in geophysical
engineering from the Colorado
School of Mines in 1980 and an
MBA from the Bauer College of
Business, University of Houston in
1988. Mr. Gregg is a director of
the Society of Exploration Geophysicists
Foundation, an officer of
the Houston Chapter of SIPES and a member of SEG,
AAPG, Houston Producer's Forum
and IPAA. Mark and his wife Debra
are active supporters of YES College
Preparatory Schools and the
UH Bauer College of Business.
Future
Meetings:
- 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. Dave Rensink, AAPG President-Elect.
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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: 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: March 3, 2010. "Reservoir Characterization of the Hunton Group in the West Edmond Field, Oklahoma" by Stephanie Gaswirth.
West Edmond Field is located in central Oklahoma, and is one of the largest Hunton Group oil accumulations in the Anadarko Basin. Oil and gas are stratigraphically trapped to the east against the Nemaha Ridge, to the north by a regional wedge-out of the group, and in intraformational diagenetic traps. Hunton Group reservoirs are the Bois d'Arc and Frisco Formations, with lesser production from the Chimneyhill Limestone, and Haragan and Henryhouse Formations. Field production exceeds 170 million barrels of oil (MMBO) and 400 billion cubic feet of gas (BCFG).
Stephanie received a B.A. in geology from Franklin & Marshall College in 1997, an M.S. in geology from Rutgers University in 1999, and a Ph.D. in geology from the University of Colorado, Boulder in 2004. She worked for ExxonMobil Upstream Research Company prior to joining the USGS in 2006. She is a research geologist with the Central Energy Resources Science Center in Denver, Colorado, and has worked on resource assessments of carbonate units in the Williston and Anadarko Basins. Her research interests focus on carbonate diagenesis and its impacts on reservoir quality.
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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
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