2007 Executive Committee Strategies to Successfully Manage

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2007 Executive Committee Strategies to Successfully Manage Canadian Publication Mail Contract - 40070050 $3.00 VOLUME 33, ISSUE 11 DECEMBER 2006 ■ 2007 Executive Committee ■ Strategies to Successfully Manage Longevity ■ Potwar of Pakistan – A General Study ■ Uncertainty Assessment in 3D Reservoir Modeling CSPG OFFICE #600, 640 - 8th Avenue SW Calgary,Alberta, Canada T2P 1G7 Tel:403-264-5610 Fax: 403-264-5898 Web: www.cspg.org Office hours: Monday to Friday, 8:30am to 4:00pm Business Manager:Tim Howard CONTENTS Email: [email protected] Communications Manager: Jaimè Croft Larsen Email: [email protected] Conventions Manager: Lori Humphrey-Clements Email: [email protected] Corporate Relations Manager: Kim MacLean Email: [email protected] ARTICLES Membership Services: Sarah Barton Email: [email protected] Reception/Administration:Tanya Santry CONGRATULATIONS: CALGARY BUSINESS HALL OF FAME . .15 Email: [email protected] 2007 EXECUTIVE COMMITTEE . 23 EDITORS/AUTHORS Please submit RESERVOIR articles to the CSPG STRATIGIES TO SUCCESSFULLY MANAGE LONGEVITY . 30 office. Submission deadline is the 23rd day of the month, two months prior to issue date. POTWAR OF PAKISTAN – A GENERAL STUDY . 33 (e.g., January 23 for the March issue). UNCERTAINTY ASSESSMENT IN 3D RESEVOIR MODELING . 38 To publish an article, the CSPG requires digital copies of the document. Text should be in Microsoft Word format and illustrations should CSPG BOOKSTORE – NEW TITLES! NOW AVAILABLE! . 43 be in TIFF format at 300 dpi. For additional information on manuscript preparation, refer to 2007 CSPG CSEG CALL FOR ABSTRACTS . 46 the Guidelines for Authors published in the CSPG Bulletin or contact the editor. COORDINATING EDITOR & OPERATIONS Jaimè Croft Larsen DEPARTMENTS CSPG Tel:403-264-5610, Ext 227 Fax: 403-264-5898 EXECUTIVE COMMENT . 5 Email: [email protected] TECHNICAL LUNCHEONS . 9 TECHNICAL EDITOR Ben McKenzie CALENDAR OF EVENTS . 10 Tarheel Exploration Tel:403-277-4496 ROCK SHOP . 13 Email: [email protected] DIVISION TALKS . 14 ADVERTISING Kim MacLean Corporate Relations, CSPG JACK PORTER – VIGNETTES OF CANADIAN PETROLEUM GEOLOGY . 19 Tel:403-264-5610, Ext 229 Email: [email protected] Advertising inquiries should be directed to Kim MacLean. The deadline to reserve advertising space is the 23rd day of the month, two months prior to issue date. All advertising artwork should be sent directly to Kim MacLean. The RESERVOIR is published 11 times per year by the Canadian Society of Petroleum Geologists. This includes a combined issue for the months of July/August. Advertisements, as well as inserts, mailed with the publication are paid advertisements. No endorsement or sponsorship by the Canadian Society of Petroleum Geologists is implied. The CSPG Rock Shop is an attractive and affordable way to target the CSPG readership. Spaces are sold at business card sizes (3.5” wide by 2” high). To reserve space or for more information, please contact Kim MacLean at 403-264-5610, ext. 205. The contents of this publication may not be reproduced either in part or in full without the consent of the publisher. Design & Layout by Sundog Printing. Printed in Canada by Sundog Printing. FRONT COVER Precambrian Shield, northwest Greenland. Melville Monument, a 330 m-high monolith of Archean gneiss in Additional copies of the RESERVOIR are available Melville Bay. Photo by Thomas Frisch. at the CSPG office for $3.00. 3 Keeping an Eye on Your Basement? Reduce Your Geotechnical Risk With Potential Fields and GEDCO’s Gravity/Magnetic Data Brokerage Service » Extensive High Resolution Airborne Magnetic (HRAM) databases covering much of the WCSB » Large gravity databases over the Alberta and British Columbia Foothills, Mackenzie Delta, and Colville Hills regions of the NWT » Low cost, reliable data, adding value to your play at key points in the complete exploration cycle; Gain regional perspectives on fairways or high grade specific prospects for seismic acquision or drilling » Learn more about how your basement affects your play. Visit www.gedco.com and browse our publications to find Peirce and Griffith, 2004, “Keep an eye on your basement. It is the foundation of the overlying stratigraphy and structure.” Seek Expert Advice From GEDCO Today ( 403.262.5780 * [email protected] 7 www.gedco.com EXECUTIVE COMMENT A MESSAGE FROM THE FINANCE DIRECTOR, MARTY HEWITT EXECUTIVE COMMITTEE PRESIDENT Jim Reimer Result Energy Given our overall profit of $271,000, it is Tel:539-5207 Fax: 234-7116 [email protected] easy to see the importance of these programs to the fiscal wellbeing of the VICE PRESIDENT Society. Colin Yeo EnCana Tel:645-7724 SERVICES [email protected] Our Services portfolio is led by Shannon Nelson Evers and David Newman. Services PAST PRESIDENT are comprised of Membership and our Jeff Packard ConocoPhillips Canada Awards and Social Programs. Membership Tel:233-3302 Fax: 233-5159 dues contributed $310,000 in profit [email protected] It gives me great pleasure to report that the in 2005-2006. Our Social programs FINANCE DIRECTOR CSPG is in a very strong fiscal position at it's essentially broke even resulting in a small Marty Hewitt yearend of August 31, 2006. This is a direct loss of approximately $1,000. When Nexen Inc. result of the CSPG's diversified programs Awards expenses of $10,000 are taken into Tel:234-6700 Fax: 234-1071 and services, our creative and enthusiastic consideration, overall, Services provided [email protected] volunteer base, and our dedicated and $299,000 in profit in 2005 - 2006. ASSISTANT FINANCE DIRECTOR talented office staff. Obviously, our membership is critical to Peter Harrington the health of the Society. CSPG Rudyard Oil & Gas Our yearend net income was $271,000 on membership has stayed flat for the past few Tel:234-7622 Fax: 237-8837 [email protected] revenues of $1.993 MM against expenses of years and our challenge will be to keep our $1.722 MM.This operating surplus for 2005- membership vibrant and involved with the PROGRAM DIRECTOR 2006 is over 3 times higher than our Society in light of the demographics facing Memory Marshall budgeted surplus of $85,000.This surplus is our industry. Husky Energy Tel:270-1869 the largely the result of better than [email protected] expected performance from our Programs COMMUNICATIONS and Communications portfolios which The Communications portfolio is led by ACTING PROGRAM DIRECTOR offset higher than anticipated deficits in Ashton Embry. Communications oversees Doug Hamilton EnCana Services, Outreach and Operations. the Reservoir, Bulletin, Geological Tel:645-3193 Fax: 645-3590 Calendar, Electronic Communications at [email protected] The Society's Programs and Services www.cspg. org., and Public Affairs. continue to drive our revenue stream and Communications essentially broke even in ASSISTANT PROGRAM DIRECTOR Nadya Sandy fund our important outreach initiatives and 2005-2006; recording a small loss of Imperial Oil Resources technical publications. As we all know, the $3,000. Revenues from the Reservoir were Tel:237-3925 Fax: 237-4234 success our industry is enjoying does come very strong once again in 2005-2006 at [email protected] with higher operating expenses and your $224,000. These revenues offset expenses SERVICE DIRECTOR Executive is working diligently with our for both the Reservoir and the Bulletin. Shannon Nelson Evers office staff to meet these challenges. Our Revenues from royalties from AAPG EnCana Society is fortunate to be backstopped by a Datapages and GeoScienceWorld offset Tel:645-7651 Fax: 645-3352 [email protected] robust investment portfolio that can expenses for electronic communications provide flexibility in the future should it ever and public affairs, overall resulting in the ASSISTANT SERVICE DIRECTOR be required. approximately breakeven position for Dave Newman Communications. McDaniel & Associates Tel:218-1392 Fax: 233-2744 PROGRAMS [email protected] The CSPG's Programs portfolio is led by OUTREACH Memory Marshall, Doug Hamilton, and Outreach is led by David Middleton. This COMMUNICATIONS DIRECTOR Nadya Sandy. Programs such as our Annual important portfolio consists of the annual Ashton Embry GSC - Calgary Convention, Continuing Education, and Honourary Address, the Student Industry Tel:292-7125 Fax: 292-4961 Technical Luncheons generate the majority Field Trip – which exposes our industry to [email protected] of the CSPG's revenue.The 2006 convention students from every university in Canada, was an overwhelming success, generating the Visiting Lecture Program, University OUTREACH DIRECTOR David Middleton $518,000 in profit, including $54,000 Awards, and University Outreach. Outreach Petro-Canada received from the AAPG for the 2005 ran at a deficit of $103,000 in 2005-2006. Tel:296-4604 Fax: 296-5176 Convention and booked in the current fiscal It should also be noted that expenses for [email protected] year. Other programs, such as Continuing Outreach are partly offset by the CSPG CORPORATE RELATIONS Education and the Technical Luncheon Trust that transferred $64,000 in corporate Jim Reimer contributed profits of $65,000 and $22,000 directed-donations to Outreach during the Result Energy respectively. Overall, our Programs portfolio fiscal year. Tel:539-5207 Fax: 234-7116 generated $633,000 in profit for the CSPG. (Continued on page 9...) [email protected] 5 Have you signed up yet??? 4thAAPG Annual WINTER EDUCATION CONFERENCE Houston, TX February 12-16, 2007 Courses will include: x Essentials of Subsurface Mapping x Introduction
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