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Dallas
The Calendar chronologically lists professional events of interest to SEG members and means by which further information can be obtained.
- North America > United States > Texas (1.00)
- Europe (1.00)
- North America > Canada > Newfoundland and Labrador > Newfoundland (0.16)
- Asia > Middle East > UAE > Abu Dhabi Emirate > Abu Dhabi (0.16)
The Calendar chronologically lists professional events of interest to SEG members and means by which further information can be obtained.
- North America > United States > Texas (1.00)
- Europe (1.00)
- North America > Canada > Newfoundland and Labrador > Newfoundland (0.16)
- Asia > Middle East > UAE > Abu Dhabi Emirate > Abu Dhabi (0.16)
The Leading Edge accepts classified advertising if it is related to applied geosciences.
The Calendar chronologically lists professional events of interest to SEG members and means by which further information can be obtained.
- North America > United States > Texas (1.00)
- North America > Canada > Newfoundland and Labrador > Newfoundland > St. John's (0.16)
- Asia > Middle East > UAE > Abu Dhabi Emirate > Abu Dhabi (0.16)
When the purpose of an economic analysis is to help make a decision, there are several key managerial indicators or economic parameters that are considered. Although there are many parameters that can be considered (see Thompson and Wright,[1] Chap. Net present value is the sum of the individual monthly or yearly net cash flows after they have been discounted withEq.1. In Table 1, the three columns labeled "Discounted Net Cash Flow" show this calculation at annual discount rates of 10, 20, and 34.3%. The net present values (NPV) at these discount rates are 99,368, 51,950, and 0, respectively.
- Information Technology > Knowledge Management (0.41)
- Information Technology > Communications > Collaboration (0.41)
Editor's column SPE’s premier conference for technical professionals will be held at the end of this month in Houston. The SPE Annual Technical Conference and Exhibition (ATCE) is not only an annual gathering for members but has also been a platform for the technology breakthroughs as well as discussions of the ups and downs of the oil industry through the years. The conference will take place during 28–30 September in Houston, the 13th time the event has taken place in that city since SPE became an independent association 58 years ago. The annual meeting actually dates back 90 years when the Petroleum Division of the American Institute of Mining and Metallurgical Engineers (AIME) was formed. The Petroleum Division would become the Petroleum Branch by 1949 as oil demand soared and, eventually, the Society of Petroleum Engineers of AIME in 1957. The first SPE-AIME board meeting took place at the October 1957 Annual Meeting in Dallas, which was the official beginning of SPE. The annual conference had a similar trajectory, growing in stature as it assumed new names along the way. The event was initially called the Mid-Year Meeting or Fall Meeting, then the Annual Meeting and, beginning in 1975, the Annual Technical Conference and Exhibition. The meeting also evolved from a primarily social event to one of the oil and gas industry’s main venues for learning about and discussing technology developments and trends. In 1962, SPE’s Board of Directors established 10 technical committees and charged them with helping develop technical programming for the annual conference. The committees covered Drilling and Well Completions, Education and Professionalism, Economics and Evaluation, Formation Evaluation, Gas Technology, Geological Engineering and Groundwater Hydrology, Management and General Interest, Production Operations and Engineering, Reservoir Engineering, and Fluid Mechanics and Oil Recovery Processes. As a result, the number of technical papers at the conference grew sharply. The 1960 conference in Denver, for instance, showcased 68 technical papers, but by the 1970 meeting in Houston, paper presentations had grown to 151. This year’s conference includes more than 350 presentations across 46 technical sessions, as well as 34 training sessions, a number of panel sessions, and a host of meetings and events involving SPE technical committees and other groups. The technical papers presented at ATCE represent an important contribution to the OnePetro electronic library, which houses technical documents from SPE and other industry associations. Through the years, the program has often framed the contemporary issues of the day not only involving technology, but also finances and geopolitics and their effect on the industry. Conferences in the 1960s revealed the growing technical depth and breadth of the industry, while the early 1970s saw sessions about the wave of new environmental regulations affecting companies. And sessions in the early 1980s covered oil price volatility and its impacts, while the 1990s often looked at industry consolidation and the growth of the service sector. The most common sites for ATCE have been Houston, Dallas, San Antonio, New Orleans, and Denver, with Houston holding the record for the largest single conference attendance. Next year, the conference will be held in Dubai, only the third time the event has been held outside of the US, reflecting the association’s continued international growth. JPT
- Asia > Middle East > UAE > Dubai Emirate > Dubai (0.25)
- North America > United States > Louisiana > Orleans Parish > New Orleans (0.24)
- Asia > Middle East > Saudi Arabia (0.19)
- Asia > Middle East > Kuwait (0.16)
- Energy > Oil & Gas > Upstream (1.00)
- Government > Regional Government > Asia Government > Middle East Government (0.34)
SPE's premier conference for technical professionals will be held at the end of this month in Houston. The SPE Annual Technical Conference and Exhibition (ATCE) is not only an annual gathering for members but has also been a platform for the technology breakthroughs as well as discussions of the ups and downs of the oil industry through the years. The conference will take place during 28–30 September in Houston, the 13th time the event has taken place in that city since SPE became an independent association 58 years ago. The annual meeting actually dates back 90 years when the Petroleum Division of the American Institute of Mining and Metallurgical Engineers (AIME) was formed. The Petroleum Division would become the Petroleum Branch by 1949 as oil demand soared and, eventually, the Society of Petroleum Engineers of AIME in 1957.
This month, The Leading Edge is pleased to premiere a new editorial column titled “Full Spectrum,” designed to be a commentary on societal issues related to the geophysical community. This kickoff article on dual-career couples was submitted by members of the Women's Network Committee (WNC), which initiated the idea for this new feature. We thank the WNC for its passion in encouraging TLE to establish the column. SEG is a community in every sense of the word, promoting interaction and knowledge sharing about exploration geophysics globally. It is important to give members a voice to speak out, discuss, reveal, and bring to light social as well as technical topics related to geophysics and the Society. We hope “Full Spectrum” provides members of SEG with a channel to explore and share insights on a wide range of issues related to diversity and inclusion. We look forward to your feedback on the new column and encourage you to consider submitting a “Full Spectrum” article.
Applications for Active membership have been received from the listed candidates. This publication does not constitute election but places the names before the membership at large in accordance with SEG's Bylaws, Article III, Section 5. If any member has information bearing on the qualifications of these candidates, it should be sent to the president within 30 days.
- North America > Canada (0.72)
- Europe > Norway (0.60)
- Asia > Middle East > Saudi Arabia (0.57)
- North America > United States (0.52)
Abstract The United States Security and Exchange Commission (SEC 2008) adopted revisions to the oil and gas reporting disclosure rules on December 29, 2008 that included expanded definitions to allow entities to disclose reserves using probabilistic methods. These benchmark rule changes, titled Modernization of Oil and Gas Reporting; Final Rule are coincidently timed with the rapid discovery and development of world class resource play reservoirs. These resource plays are favorable subjects for probabilistic evaluation due to their shear size, well count, projected future activity and significant current and future reserve impact. The modernized rules create new opportunities in reserve disclosure as well as new potential pitfalls. Probabilistic methods are not required to be implemented for reporting; however, if used they need to adhere to sound statistical principles to serve the purpose of the new rules and yield robust results. This paper presents a new approach that incorporates probabilistic principles into a practical method for the first step in reporting undeveloped reserves in a resource play; empirically describing the proved area. The practical method presented here does not use a probabilistic approach previously shown by others (Patricelli, 1995), (Mata, 1997), (Moore 1999), (Acuna, 2000), (PRMS, 2009). Additionally it does not rely on Monte Carlo simulations for input values based on geologic variables expressed as Probability Distribution Functions (PDF). Instead, the method employs production statistics of the existing Proven Developed Producing (PDP) well set within the play. The analog to future wells involves the existing PDP wells in the same geologic and geographic portion of the play being evaluated. Empirically the step that describes the proved area is controlled by statistical rules for sample size and the principle of aggregation. This approach is likely only applicable to resource plays. Other factors such as gas-in-place and reasonable recovery factors must also be considered to insure the results are reasonable. The probabilistic reserve evaluation method requires a comprehensive level of support documentation. The objective of this paper is to present the principles and methods that create a robust, reliable, yet simplistic way to evaluate the proved area component of reserves evaluation using probabilistic methods for resource plays. Proved, probable, and possible reserves are allowed to be disclosed under the new SEC rules. However this paper is limited in scope to proved reserves. Explanations are provided to show how SEC definitions and probabilistic concepts are integrated into the proposed method. The Fayetteville Shale is used throughout the paper to demonstrate the application.
- North America > United States > Texas (1.00)
- North America > United States > Oklahoma (0.66)
- North America > United States > Arkansas > Washington County > Fayetteville (0.25)
- Government > Regional Government > North America Government > United States Government (1.00)
- Energy > Oil & Gas > Upstream (1.00)
- South America > Venezuela (0.99)
- North America > United States > Texas > Fort Worth Basin > West Field (0.99)
- North America > United States > Texas > Fort Worth Basin > Barnett Shale Formation (0.99)
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