22001051 AN A NNNUUALL RREPEPOO RRTT —— ForFor thethe FiscalFiscal YYearear JuJullyy 11,, 20142001 toto JuneJune 3030,, 20152001 —— The American Association of Petroleum Geologists The American Association of Petroleum The Association also publishes special • Disseminating information relating Geologists was founded in 1917 during scientific publications and research data, to the geology and associated the infancy of the petroleum industry. provides student scholarships, presents technology of petroleum, natural Today the Association has approximately highly regarded education programs and gas, other subsurface fluids, and 30,000 members worldwide. Through its schools for professional geologists, and mineral resources headquarters staff, AAPG provides many offers a program of distinguished lecturers • Inspiring and maintaining a high membership services and strives to to organizations and communities. standard of professional conduct on the facilitate advancement of knowledge in AAPG was founded, and continues, as part of its members petroleum geology through publications a scientific organization dedicated to • Providing the public with means and education programs. • Advancing the science of geology, of recognition of adequately trained The monthly AAPG Bulletin is widely especially as it relates to petroleum, and professionally responsible considered a leading scientific journal in natural gas, other subsurface fluids, and petroleum geologists petroleum geology. The AAPG Explorer, a mineral resources • Advancing the professional well-being monthly tabloid, is the Association’s • Promoting technology for exploring of its members vehicle for timely information and for, finding, and producing these materials AAPG does not “speak” for insights into the industry in general. The in an economically and environmentally the oil industry, but for its individual AAPG Web site, located at www.aapg.org, sound manner members—explorationists who provides association and professional • Fostering the spirit of scientific seek and find hydrocarbon information. research throughout its membership resources. Founders of AAPG William F. Absher E. DeGolyer L.L. Hutchison Forest R. Rees Walter J. Allen Alexander Deussen C.E. Hyde Robert J. Riggs J.M. Armstrong W.E. Dodge Harry R. Johnson Charles H. Row F.L. Aurin L.G. Donnelly William Kennedy Paul Ruedemann R.F. Baker N.F. Drake Grady Kirby J.M. Sands John G. Bartram H.D. Easton Charles T. Kirk E.W. Scudder Mowry Bates Charles R. Eckes William C. Kite C.L. Severy C. Max Bauer A.E. Fath Marvin Lee C.W. Shannon Albert L. Beekly Otto A. Fischer Raymond Leibensperger Walter M. Small Walter R. Berger F. Julius Fohs J. Whitney Lewis Carl D. Smith W. Grant Blanchard Thomas J. Galbraith Harve Loomis L.B. Snider Ed Bloesch James H. Gardner Hugh J. Mackay L.C. Snider James P. Bowen D.L. Garrett Alex W. McCoy W.C. Spooner Robert Wesley Brown Robert E. Garrett Edgar W. McCrary Dean M. Stacy Alan Bruyer H.B. Goodrich A. Stafford McCullough Charles H. Taylor Frank Bryan Charles N. Gould H. Harper McKee J. Elmer Thomas H.A. Buehler Frank C. Greene M.G. Mehl L.E. Trout George E. Burton Dorsey Hager George H. Meyers Johan A. Udden Frank Buttram Chester A. Hammil William J. Millard Herbert N. Uri W.R. Calvert Burton Hartley V.E. Monnett M.M. Valerius Everett Carpenter Huntsman Haworth Raymond C. Moore W.A.J.M. van Water Albert S. Clinkscales R.S. Hazeltine Francis P. Mulky schoot van der Gracht R.A. Conkling K.C. Heald M.J. Munn V.V. Waite Clifton S. Corbett Bryan Hendon Jerry B. Newby Lucian Walker G.H. Cox John M. Herald D.W. Ohern K.D. White E.J. Cragoe Earle P. Hindes E.C. Parker Earl V. Whitwell A.F. Crider Charles W. Honess Irving Perrine A.J. Williams C.L. Cumming Joseph S. Hook G.C. Potter E.G. Woodruf Edward Hardin Davis J.V. Howell Sidney Powers W.E. Wrather L.R. Dawson Richard Hughes Wallace E. Pratt Harry F. Wright Charles E. Decker V.H. Hughes Sylvan S. Price These names are taken from the bronze plaque in the AAPG Headquarters building, Tulsa, Oklahoma, dedicated on March 20, 1953, to the Founders of the Association—Lawrence Tenney Stevens, sculptor. AAPG BULLETIN, V. 99, NO. 12 (DECEMBER 2015), PP. 2251–2310 2251 Reports of the Officers has grown much smaller as a heavily on income from our various President consequence of jet travel and the Internet conferences, most importantly our Annual As I’ve said to many people around the among other things. AAPG has grown Convention and Exhibition and our world, while AAPG provides excellent and much larger and has a more diverse International Conference and Exhibition, cutting-edge geoscience, I believe our membership. Perhaps our governance is to pay for programs that are not revenue most important product is our community. just fine and no major recommendations generating. This year’s attendance at and We have a fabulous global community of will result, but it was felt a “check-up” was sponsorships for these two important smart, talented, interesting geoscientists warranted. The committee has three meetings did not meet expectations, and who are for the most part really, really nice. representatives from each of our consequently did not bring in the income I’m very grateful to have met and gotten to governing bodies: the EC, the HoD and the anticipated. Therefore even though our know so many of these people. I’m AC. Colette Trohan, our parliamentarian, staff was diligent about cutting costs, we especially grateful for this year’s EC (John has facilitated committee meetings and operated at a loss. It is likely we will Hogg, president-elect; David Dolph, HoD assisted them as they conduct this continue to operate at a loss during this chair; John Kaldi, VP Regions; Steve analysis. fiscal year. Fortunately we have a reserve Brachman, VP Sections and Richard Ball, that we can access to allow us to continue secretary), for their talent, hard work, ideas, to provide excellent products and humor, and caring. I have also come to House of Delegates Interactions services, but just as companies are appreciate even more our dedicated and As a result of discussions within the EC, tightening their belts, so must AAPG. The hard working staff, lead by David Curtiss we requested the HoD Constitution and next few years will continue to be (executive director) and David Lange Bylaws committee give consideration to challenging in multiple ways. The financial (deputy executive director). AAPG is very several issues of importance to AAPG that challenge is a big one, but there is also the fortunate to have so many talented and we felt might be appropriate for the HoD challenge to make sure the products and dedicated volunteers and staff members to evaluate. As a result, the Constitution services AAPG provides are exactly what who make being a part of this community and Bylaws committee brought forth our membership and our customers need a fabulous experience. three amendments to be voted upon by so that we can continue to be the “go-to Some of the things that have kept the EC the HoD at their May 31 meeting in place” for geoscientists and energy and our AAPG staff busy over the past year Denver. One amendment concerned the companies worldwide. And this is a very are highlighted below. election for AAPG Elected Editor and did big challenge given the changing not pass. Another amendment dealt with dynamics of how people access shortening the timeframe and information and interact and the Implementation of Three-Year consequently the time commitment for increasingly competitive environment we officer candidates, and the third operate in that not only includes other Business Plan amendment dealt with the formation of energy professional associations but also Reviewing progress on how the three- Technical Interest Groups and Special for-profits. Meeting these challenges will year business plan is being implemented, Interest Groups. These two amendments require change, and it is often difficult to including how programs and services are passed. adjust to change. I have strong confidence being evaluated in terms of cost versus that our current EC under the leadership benefit. of John Hogg, and our future ECs, along Cooperative Efforts with Sister with our staff, will successfully rise to the Societies: First AAPG-SEG Joint ICE challenge. Modified Campaign Policy As part of our efforts to do more things AAPG, now more than ever, needs a AAPG candidates for office are no jointly with our sister societies, the first joint strong, dedicated group of volunteers. longer requested to attend Section and AAPG-SEG International Conference I have always benefitted and gained greatly Region meetings, and travel budgets for and Exhibition was held in Melbourne from my active involvement in AAPG: candidates have been eliminated. Sept. 13-16. AAPG was the operator for the gained colleagues, gained friends, gained Instead, candidate biographies and Melbourne ICE meeting. The next joint opportunities and learned a heck of a lot ’ videos will be available on AAPG s AAPG-SEG ICE will be operated by SEG and along the way. I encourage each of you to website so that members can become is being held in Barcelona in the first half give of your time and energy to AAPG in familiar with the various candidates and of 2016. whatever capacity is attractive to you. Your their views. This change reduces the time The past year has been challenging for membership and your active involvement commitment required of candidates and our industry and consequently for our are critical both to the continued success also eliminates travel expenses for Association. When I took office, oil prices of AAPG and to your continued candidates. were at record highs and soon proceeded professional and career growth. to drop significantly.