business seismic - canadian association of petroleum...
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Nthe
egotiatorT h e M a g a z i n e o f t h e C a n a d i a n A s s o c i a t i o n o f P e t r o l e u m L a n d m e n
April 2000
Yukon – TheFrontier Awaits!Just as the gold rush drew the attention
of the world to the Yukon at the end of
the 1800’s, increased demand and
diminishing production of oil and gas
reserves is focusing renewed attention
in the Yukon. PAGE 6
Coiled TubingApplicationsCoiled Tubing came on the oil patch
scene in the early 1970’s. The
applications for this technology have
grown steadily as has the desire to
become faster, more efficient and more
environmentally friendly. PAGE 16
Prospect ExchangeThe final countdown is on to April 27 & 28,
2000 when representatives from companies
across the world will gather to highlight their
oil and gas prospects. this year, more than
ever, companies are looking for new opportu-
nities to invest in, as commodity prices soar
encouraging more exploration. PAGE 10
Business
DataSeismic
OF
THEBusiness
DataSeismic
OF
THE
The NegotiatorMONTHLY NEWS MAGAZINE OF THE
CANADIAN ASSOCIATION OFPETROLEUM LANDMEN
Editor-in-ChiefMargaret Wyonzek, P.Land
[ph] 213-7512 [fax] 213-7487
Senior EditorsNathan MacBey
[ph] 218-8976 [fax] 263-0623Rob Motherwell
[ph] 269-8877 [fax] 264-0995
Assistant EditorJeremy Wallis
[ph] 290-3283 [fax] 290-3264
Design and ProductionThe Studio Group
Editorial StaffLinda Bernier [ph] 266-8200 [fax] 290-8200
Warren Blair, P.Land [ph] 242-0513 [fax] 242-0513Scott Clapperton [ph] 261-6517 [fax] 263-5263
Harry Ediger [ph] 264-3959 [fax] 266-6209Darryl Erickson [ph] 265-2230 [fax] 517-7412
Joe Iaquinta [ph] 517-6823 [fax] 517-7412Melesia Kasha [ph] 606-4051 [fax] 686-6039
Carla Luiken [ph] 298-4423 [fax] 262-6705Andrew Lynch [ph] 233-1449 [fax] 233-5610
Jim Mak [ph] 517-6822 [fax] 517-7412Peter Manchak [ph] 517-7119 [fax] 517-7412Donna Phillips [ph] 260-5498 [fax] 260-3941
Brad Purdy [ph] 218-6837 [fax] 266-6988Bill Skorenki [ph] 298-7442 [fax] 298-7040
Lori Van Immerzeel [ph] 777-2613 [fax] 777-2609Stephen White [ph] 234-5058 [fax] 234-5734
PhotographersDave Leslie [ph] 237-5570 [fax] 237-5568Dave Laurie [ph] 229-1500 [fax] 245-0074
SubmissionsSubmissions to The Negotiator should be mailed in
print ready form to the Senior Editor.All articles printed under an author’s name repre-sent the views of the author; publication neitherimplies approval of the opinions expressed, nor
accuracy of the facts stated.
AdvertisingFor information, please contact the Editor-in-Chief.
No endorsement or sponsorship by the CanadianAssociation of Petroleum Landmen is suggested
or implied.
CAPL InternetThe Website for the CAPL is: www.landman.ca
The Use of Seismic Date in Business DecisionsAndy St. Onge . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 2
Message From the ExecutiveColin McKinnon, P.Land . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 4
Board BriefsCameron Fraser, P.Land . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 5
The Frontier, Right Next DoorLynn Lehr, P.Land . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 6
Meeting AnnouncementsCAPL Office . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 7
Editorial HighlightsNathan MacBey . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 8
Group Benefits ProgramDann Kepford . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 9
CAPL BonspielCarla Luiken . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 10
Message From the ExecutiveDennis Eisner, P.Land . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 11
What an OpportunityGary K. Montgomery, P.Land . . . . . . . . . . . . . . . . . . . . . . . . 12
Olds College UpdateOlds College . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 13
PLUS 1999/2000: The Year in ReviewJan Peters . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 14
Get SmartCAPL . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 15
Coiled Tubing Applications: 1970 to Y2KJim MacArthur . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 16
Sharing the TraditionWayne Lannan, P.Land . . . . . . . . . . . . . . . . . . . . . . . . . . . . .17
First Annual CAPL Gin TournamentM.L. (Merv) Henkelman, P.Land . . . . . . . . . . . . . . . . . . . . . .18
Most Excellent Ski TripMike Flanagan . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 19
Committees in ActionStephen A. White . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 21
Roster UpdatesCAPL Office . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 24
The Prospect ExchangeLynn Lehr, P.Land . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .25
e-E&P is HereSharon McIntyre . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .25
Negotiator CalendarCAPL Office . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 28
2000APRILTable of Contents
SEISMIC DATA HAS BEEN USED IN WESTERN CANADA FOR
THE PAST HALF CENTURY. THE MAIN PURPOSE OF
ACQUIRING SEISMIC DATA IS TO REDUCE THE RISK OF
F INDING ECONOMIC ACCUMULATION OF HYDROCARBONS.
THE LAST TEN YEARS HAS SEEN THE WIDESPREAD USE OF
THREE-DEE SE ISMIC DATA, IMPROVED PROCESS ING TECH-
NIQUES, AND BETTER COMPUTER SYSTEMS TO RECORD THE
DATA IN THE F IELD. THE UNDERLYING PURPOSE FOR ALL
OF THESE INNOVATIONS IS TO IMPROVE THE QUALITY OF
THE SEISMIC DATA. IT IS BEL IEVED THAT IMPROVED
SEISMIC DATA WILL REDUCE THE RISK INHERENT IN
DRILL ING WELLS. SE ISMIC DATA PROVIDES A CROSS
SECT ION PICTURE OF THE EARTH BY RECORDING WAVE
REFLECT IONS THAT OCCUR AT ROCK CHANGES. A SURFACE
SOURCE [USUALLY DYNAMITE CHARGES BURIED ABOUT
15 METERS] IS USED TO CREATE THE INIT IAL ENERGY.
PART OF THE ENERGY WAVE GOES DOWN INTO THE SEDI-
MENTARY ROCK. PART OF THIS WAVE IS REFLECTED BACK
TO THE SURFACE TO BE RECORDED BY THOUSANDS OF
MEASURING DEVICES PLACED ON THE GROUND.
THE use of seismic data
N Pa g e 3APR. 2000
Processing these seismic data can show major rock changes that corre-
spond to the recorded reflections. Geophysicists use these reflections
to map the height of a potential reservoir and existence of a reservoir
rock (if possible).
There are many limitations to seismic data. Most limitations are
caused by the fact that seismic waves travel and spread out laterally
very quickly through the rock layers. For example, take a look at the
synthetic seismic data on the side of this page. The synthetic was
made from sonic log data recorded just after this well was drilled.
Compare the time scale to the depth scale. In western Canada, we
record reflections from 3000 meters of rock layers in about two
seconds. Only the major changes in the rock are visible on the seismic
data. Smaller changes, like the presence of a 10 meter thick reservoir
sand at a depth of 2500 meters might not be visible on seismic data.
The geophysicist has to be careful attributing changes on the seismic
data to meaningful changes in the potential reservoir quality of the
rock below. Landmen should be aware of some of the limitations of
seismic data. The points below outline a few of these limitations.
Where seismic data can be used:
Seismic data should be used to reduce the risk of drilling wells.
Acquire seismic data to look for changes in the data that were
modeled from a sound geological concept. Try to look at the seismic
data as a means to reduce the amount of dry holes that your company
drills. Use your seismic data to drill wells that have a thicker reservoir
that is structurally higher than the offset well. In our business, this is
the real value of seismic data.
When seismic data may not help:
Don’t acquire seismic data for the sake of building up a large
database of data. This has been done in the past. Exploration compa-
nies have acquired large areas of seismic data in the hope of finding
geological anomalies. Sometimes, these companies can be disap-
pointed by the lack of anomalies.
Seismic data can rarely detect the presence of hydrocarbons. The
detection of gas, oil, and water is beyond the limits of detection for
most seismic data in western Canada. In unique circumstances, seismic
data can be used to detect the presence of gas in a rock formation.
This technique is called ‘bright spot analysis’. Bright spots are ampli-
tude reflections that occur because the presence of the gas had a
specific affect on the reflection of seismic waves. It has been used to
detect gas in the Basal Belly River formation in southwest Saskatchewan.
Seismic data has a lower limit of resolution. This simply means that
the geophysicist may not be able to see thin reservoir beds that are
prospective reservoirs. For example, a 3 meter thick reservoir at 1500
meters depth may contain economic accumulations of hydrocarbons.
However, seismic data may not be able to detect the presence of these
beds. This is the main reason that geological models are tested on a
computer to show the seismic response under ideal conditions.
The recording of seismic data also records a lot of useless noise.
In the field acquisition, a lot of noise can be recorded when recording
the reflections of the seismic waves. Automobile noise, the 60 Hertz
vibration in overhead power lines, animals running around on a farm,
or a nearby drilling rig can adversely effect the quality of seismic
data. Recently, the noise from producing wells has become a growing
problem as more 3-D seismic datasets are acquired over producing
fields. Sometimes, these noise problems and other, more complicated
sources of noise can negate the strength of the useful seismic infor-
mation. If this happens, geophysicists try to reduce the amount of the
noise using various data processing algorithms, or they interpret these
seismic data with caution.
Don’t try to replace a sound geological model with a wildly
creative seismic interpretation. The geology in western Canada, for
the most part, is predictable. For example, generally the Cretaceous
aged beds are clastic rocks. If a new geophysicist interprets a reef in
the Cretaceous section, everyone should be cautious. Usually an expe-
rienced explorationist can help a new geophysicist learn enough about
the geology in our part of the world to set reasonable bounds for
possible seismic anomalies.
The point to take from this article was stated above: seismic data
should be used to reduce the risk of drilling wells. Many times, this
requires a geologist and a geophysicist to design, record, process, and
interpret the data. If you are not comfortable looking at seismic data,
ask for a little assistance. The geophysicist should be able to explain
their interpretation, along with an idea of the limitations risks.
Seismic data interpretation has come a long way in the last number of
years. Next month’s Negotiator features an article by Kim Head of
Veritas Geoservices in Calgary. Kim will give an excellent overview of
new ways to record and interpret seismic data, as we try to squeeze
more oil out of the rocks in western Canada.
Andy St. OngeVice-President, ExplorationUpton Resources Inc.
in business decisions
N Pa g e 4APR. 2000
Why does CAPL have so much money on hand? This is anoften-asked question. I hope to answer it in this article.
At January 31, 2000, CAPL had $478,493.26 in cashheld in four places:
$285,928.42 CIBC T. Bill $63,000 GIC Escalator$106,265.98 Banker’s Acceptance$23,298.86 Current Account
The primary purpose of the investments are to hold fundsin low risk, interest bearing accounts until they are neededthroughout the year. Not all of the money in theseaccounts is spent in any given year. So why the extramoney? The purpose is twofold: to bridge the timing ofcash in and cash out; and, to protect the membership fromlosing money when things don’t work out as expected.
CAPL is a non profit association. Most of our events aredesigned to break even. However, members enjoy manybenefits the cost of which exceeds the revenue from therelatively small annual membership fee. The differenceis made up from two sources: our education portfoliousually generates a profit, and The Prospect Exchangehas helped us out greatly the last two years.
What happens if, like this past year, our educationcourses aren’t as well attended as budgeted? What ifthe Prospect Exchange bombs? We need a reserve offunds to get us through when and if this happens.
What benefits are subsidized? Here is a list and thebudgeted losses, or in other words, the amount ofsubsidy required:
N
Message from Executive Monthly meetings $ 69,000 (77% is meals)Member services $ 142,000 (76% is roster, insurance, CAPL office)Field acquisition $ 13,000 (48% is CAPL office)Negotiator $ 20,000 (70% is postage!)Executive $ 18,000 (28% is strategic planning forum, 33% is
AAPL expenses)Professionalism $ 13,000 (85% is manual upgrade and CAPL office)Public relations $ 44,000 (35% is promotion)Total $319,000
Total revenue from membership dues is $225,000. The subsidy required then is$94,000. The budgeted profit from the education portfolio is $40,000 and from TheProspect Exchange is $65,000, for a total of $105,000. It appears, however, thatfor 1999 the education portfolio will fall short of its budgeted surplus by $30,000,mostly as a result of courses cancelled due to low enrollment.
So, to pay for these benefits, we need $19,000 from our reserve, or from a positivevariance to the Prospect Exchange budgeted surplus.
The Annual Conference and social events like the Spring Ball and Golf Tournamentnormally run close to break even, mainly because of the generous sponsorshipdollars we enjoy year in and year out.
What happens if our sponsors decide they can’t afford to contribute as much as inpast years? Or worse, what if we commit to venues, number of meals and membersfail to show? For example, at last year’s Christmas party at the Petroluem Club,despite the best efforts of the office staff to control the number of attendees, 30people who committed didn’t show. The cost to CAPL? About $1,000. Multiply thisby monthly dinner meetings, Management Night, etc. and the annual number isclose to $10,000.
Other factors to consider are pre-paid expenses, late membership dues and baddebts. We lay out dollars in non-refundable deposits to book venues (conferencefacilities, contracts for services, etc) This year’s amount is $68,000. That amount isessentially at risk, pending on the events actually coming to pass as planned.
Some members pay their dues late (they are due Jan 31 each year), or don’t pay atall! The current receivable for membership dues is about $45,000. That means 20%of the membership dues are late! For 1999, we will write off $4,900 in bad debts,being unpaid membership dues. The office staff does not have the time to chasedown every late or unpaid membership invoice. Have you paid your dues yet?
In closing, all associations like ours manage their budgets with a reserve fund to bridgethe timing of cash in and out and to protect the downside when things go wrong. Ourbudgeted cash flow last year was $1,260,389. That’s a lot of money. Our accountants infact recommend we increase our float by at least 50%, or to 75% of our cash flow.
I hope I’ve given an answer to the question of why we’re so fat! If not, let meknow and we can discuss this issue further.
Colin McKinnon, P.LandTreasurer
N Pa g e 5APR. 2000
1999-2000CAPL Executive
PresidentJ.K. (Jim) Moore, P.Land
[ph] 974-8845 [fax] 974-8811
Vice-PresidentK.F.J. (Kevin) Burke-Gaffney, P. Land
[ph] 298-4403 [fax] 262-6705
TreasurerC. (Colin) McKinnon, P.Land
[ph] 531-6506 [fax] 531-6525
Director, Secretary/SocialC.M. (Cameron) Fraser, P.Land
[ph] 216-2510 [fax] 216-2514
Director, CommunicationsMargaret Wyonzek, P.Land
[ph] 218-6086 [fax] 263-0623
Director, EducationD.B. (Dave) Horn
[ph] 750-7678 [fax] 263-8876
Director, Field Acquisition and ManagementG.K. (Glenn) Kruyssen, P.Land
[ph] 264-2533 [fax] 264-2605
Director, Membership and Member ServicesC.A. (Carolyn) Murphy
[ph] 205-5821 [fax] 237-9410
Director, MineralsB.H. (Brian) Birchall, P.Land
[ph] 231-0468 [fax] 231-0157
Director, ProfessionalismH.L. (Hank) Riggelson, P.Land[ph] 221-0818 [fax] 221-0875
Director, Public RelationsD.J. (David) Bernatchez
[ph] 260-5244 [fax] 260-4752
Director, Technology/PetroDocsD.K. (Dennis) Eisner, P.Land
[ph] 213-7967 [fax] 213-7900
Past PresidentJ.E. (Ted) Lefebvre, P.Land
[ph] 237-5813 [fax] 261-7871
CAPL OfficeSuite 2800, 500 4th Avenue S.W.
Calgary, ALberta T2P 2V6[ph] 403-237-6635 [fax] 403-263-1620
email: [email protected]
Denise Grieve, Office ManagerKarin Steers, Administrative Assistant
The key issues discussed and resolved at the CAPL Executive Meeting
on March 7, 2000 were as follows:
• In Colin McKinnon’s absence, Jim Moore advised that as at March 7,
2000, CAPL investments totalled $605,194.40 and the cash balance
was $15,567.23.
• Carolyn Murphy advised that membership will be granted to seven active and nine
student applicants. One associate member was also approved for active membership.
• Kevin Burke-Gaffney advised that a Strategic Planning Forum will be held the morning
of April 6, 2000 in the Glenview Room at the Telus Convention Centre. All members
that are interested in actively participating in the Forum are invited to attend and
should contact the CAPL office to confirm attendance.
• Glenn Kruyssen advised that Olds College, Land Agent Program will host a reception for
new graduating students on Thursday, March 23, 2000 at the Palliser Hotel.
• Dave Horn advised that, to date, attendance at CAPL seminars is up from 1999. He also
advised that several new seminars are being developed for the year 2000.
• Kevin Burke-Gaffney advised that currently over 100 Exhibitors and 500 viewers have
registered for The Prospect Exchange to be held April 27 and 28, 2000. There is also
one major financial sponsor, three gold, one silver and two bronze sponsors.
• Kevin Burke-Gaffney advised that the 2000 Conference Committee will make a presen-
tation to the membership at the March, April and May General Meetings.
• Brian Birchall advised that the new 1999 P&NG Lease is currently being prepared in the
first print draft.
• Jim Moore advised that the CAPL Office Committee is in the process of making an offer
on 3,000 square feet of office space for occupancy in May 2000.
• Carolyn Murphy advised that Member Services is planning on updating the CAPL
Compensation Survey for 2000.
• The next CAPL Board of Director’s Meeting will be held Tuesday, April 4, 2000 at the
CAPL Office. If any member of the CAPL has any questions or concerns regarding the
items highlighted above or the minutes of any CAPL Executive Meeting, please call me
at 216-2510, extension 101.
Cameron Fraser, P.Land
Secretary
N
Board Briefs
One hundred years after the Klondike Gold Rush began, the Yukon
Territory is once again poised to face another rush, this time in the
high-stakes field of oil and gas exploration. Just as the gold rush drew
the attention of the world to the Yukon at the end of the 1800’s,
increased demand and diminishing production of oil and gas reserves is
focussing renewed attention on this northern Territory.
The Yukon Territory is bounded on all sides by producing areas: the
Northwest Territories to the east, with the Norman Wells oil field in the
north and the Fort Liard- area gas discoveries in the south; Prudhoe Bay
in Alaska to the northwest; the Beaufort Sea to the north; and the
producing basins in northern British Columbia and Alberta to the south.
Yet to date, only 71 wells have been drilled in the Yukon. The
Kotaneelee field in SE Yukon currently has 2 producing gaswells, and
there is limited oil production coming from the Eagle Plains basin in the
north. It’s not a far stretch t expect that, given the right conditions, the
Yukon will experience a significant increase in exploration activity that
will rival its neighbours.
In 1992 the Yukon government and the 14 First Nations governments in
that territory finalized an “Umbrella Agreement” on land claims with the
Yukon and federal governments. This agreement set the framework
within which First Nations governments could resolve their respective
land claims. A Final Agreement with the Yukon and federal governments
would then incorporate the terms of the Umbrella Agreement, along with
specific provisions which would apply only to that First Nations group,
such as land selection, wildlife harvesting, designated protected area,
and other matters. Simultaneously, self-government agreements, which
set out the First Nations’ law-making powers over their land and
members, would be negotiated. To date, 7 of the 14 Yukon First Nation
groups have settled land claims, and the majority of the remaining
groups are in advanced stages of negotiations. Another key feature of
the Umbrella Agreement was the establishment of a single environmen-
tal review process, similar in intent to Alberta, and the creation of one
Surface Rights Board, to address issues throughout the Yukon.
In May 1993, the Canada Yukon Oil and Gas Accord was concluded,
which set the terms for transferring the legislative and administrative
responsibilities from the federal government to the Yukon government.
The actual transfer occurred in November 1998 with the passage of the
Yukon Oil & Gas Act. At an Insight Conference held in Calgary in October
1999, Brian Love, then Director of Oil and Gas Resources Branch in the
Yukon Department of Economic Development, set out the current frame-
work for doing business in the Yukon. He described how, in partnership
and consultation with the 14 First Nations groups, the Yukon govern-
ment worked to develop a common oil and gas regime. This means that
the legislation and regulations for operating in the Yukon would be the
same across the Territory, regardless whether a company is operating on
lands owned by the Territorial government or a First Nations govern-
ment. Currently, less than 1% of the land in the Yukon is freehold.
Once all 14 First Nation land claims have been settled, about 9% of the
land will be under First Nation control. The balance of land will ulti-
mately be under the control of the Yukon government, when the federal
government transfers that responsibility to the territorial government,
which is anticipated to occur by April 1, 2001.
The government tested its new regime when it closed its first Call for
Bids in November 1999. Two parcels of land were acquired by Anderson
Resources Ltd. in the Eagle Plains region for $20 million, on the basis of
work expenditure commitments, for 10 year terms. The government
currently plans to issue its second Call for Nominations later this year,
again in the Eagle Plains and Peel Plateau regions of the northern
Yukon, where land claims have been settled. Calls for Nominations in the
SE portion of the Yukon, where land claims discussions remain unre-
solved, are not planned for 2000, although there will be some seismic
activity based on permits that were issued last year.
The fiscal regime is also an attractive incentive to doing business in the
Yukon. It has one of the lowest corporate tax rates in Canada at 15%,
and its proposed royalty legislation would see rates ranging from 5% for
the first 3 years of production, up to a maximum of 15%. But getting
the product onstream is still an issue. Access to the Westcoast pipeline
system currently exists in the SE corner of the Yukon, but no where else.
With the growing interest in access to northern gas developments, the
Yukon government has recently established a pipeline group to actively
evaluate all possible pipeline options. Brian Love, who was recently
named as Director, Oil & Gas Business Development, is quite optimistic
that with renewed focus by the government on these pipeline options,
infrastructure will become a reality and oil and gas assets could be
onstream sooner rather than later.
Companies appear eager to venture into the Yukon, and the government
is more than willing to encourage their activity. While there are still
obstacles to overcome, like unresolved land claims and lack of infra-
structure, there are more positive indicators that the Yukon is willing to
do business with the oil and gas industry. The proactive approach taken
by the government with industry, with Yukon businesses and with First
Nations groups, sets the stage for potentially a very exciting period of
activity with our neighbours to the North.
Lynn Lehr, P.Land
Chevron Canada Resources
The Frontier, Right Next Door
The 3rd annual CAPL “9 Ball” Pool Tournament will be held at TheGarage on Wednesday, May 17, 2000 starting at 5:00 pm. All levels ofplayers are welcome to participate, whether you are a “shark” or a“minnow”. For non-players, come on down anyway ‘cuz heckling isencouraged (no charge). The format shall be 2 man/woman teamswith a double knockout draw. “9 Ball” is a game of luck with someskill so if you’re feeling lucky come out and test your skills/luckagainst your fellow CAPLers. The fee for this event is $30.00 + GST forCAPL members. We are setting up the tournament in anticipation of48 pool players and given the success of previous years events, wesuggest that you submit your entry form and fee as soon as possible.“Be there or be talked about”! THE DEADLINE FOR ENTRIES SHALL BEMAY 1, 2000 (registration form is enclosed in this issue). Should youhave any questions, please contact any member of the CoolCommittee…oh, I mean Pool Committee.
Harry Ediger, Chairman
Harry Ediger 781-1611
Brad Purdy 218-6837
Elizabeth Burke-Gaffney 781-2374
Bill Macdonald 781-2499
David Bayne 266-5587
Brad Goodfellow 265-2230
MAY GENERAL MEETING
DATE: Tuesday, May 23, 2000
GUEST SPEAKER: Lawrence E. (Laurie) Smith Q.C.
Vice Chairman, Bennett Jones
TOPIC: East Coast Development:
It Is Happening Faster Than You Think
TIME: Cocktails 5:00 p.m.
Dinner 6:00 p.m.
PLACE: Palliser Hotel
APRIL GENERAL MEETINGTuesday, April 11, 2000
Crystal Ballroom, Palliser Hotel
Cocktails 5:00 PM
Dinner 6:00 PM
Guest Speaker:
Mr. Neil Camarta
Senior Vice President
Oil Sands, Shell Canada Limited
In late 1999, Shell Canada Limited
and its new joint venture partners,
Chevron Canada Resources and
Western Oil Sands Inc. received
approval for the Athabasca Oil
Sands project. First oil from this
$3.5 billion joint venture is
expected in late 2002. Mr. Camarta
is a very knowledgeable and
dynamic speaker who will deliver a
very interesting speech to the
CAPL on this world-class project.
Members must fax their response to
the CAPL office (263-1620) by
12:00 noon, Friday, April 7, 2000.
Tickets for guests are available at
the CAPL office.
3rd ANNUAL CAPL “9 BALL” POOL TOURNAMENT
Meeting Announcements
N Pa g e 8APR. 2000
THEY SPENT LONG DAYS
OPENING FRONTIERS,
BLAZING TRAILS,
STAKING CLAIMS,
AND SETTLING
THE LAND.
THE REALLY
TOUGH STUFF,
THEY LEFT TO US.
CALGARY T (403) 229-3969, F (403) 244-1202E [email protected]
EDMONTON T (780) 462-4486, F (780) 468-4325E [email protected]
GRANDE PRAIRIE T (780) 532-7707, F (780) 532-7711E [email protected]
FORT ST. JOHN T (250) 785-0669, F (250) 785-0644TOLL FREE 1-800-430.-7990E [email protected]
REGINA T (306) 584-3044, F (306) 584-3066TOLL FREE 1-877-584-7707E [email protected]
COMPLETE LAND, RECLAMATION
AND EMERGENCY RESPONSE SERVICES FOR THE
ENERGY INDUSTRY.
Visit us at www.pioneerland.ca
Oil prices are up and landmen arebusier than ever, but now may be justthe time to learn a little about thedisciplines outside of land. This monthwe have very informative articles onthe business issues surrounding seismicand also a brief history and explana-tion of coiled tubing technology.
• As shown on the cover, the feature story this month deals with theimportant business issues surrounding seismic. The author, Andy St.Onge, provides fantastic insights into the basics behind seismic andwhen it should and should not be used. Be sure to attend Andy’sCAPL course on seismic in the fall of 2000!
• As a first ever for The Negotiator, we have two Messages from theExecutive. First, Colin McKinnon gives the readers some valuablefacts and figures on the current financial status of the CAPL.Second, Dennis Eisner has an interesting update from theTechnology Committee. Both of these portfolios are critical to thesuccess of the CAPL and all members should be aware of the greatresults being obtained.
• As a follow up to our article in December 1999 on the trendtowards northern gas, this month we feature an article on theYukon and all its oil and gas activity. As the author Lynn Lehr says,the increased demand and diminishing production of oil and gasreserves is focussing renewed attention towards the Yukon. To getthe latest updates on the north, be sure to stop by the Yukonbooth at The Prospect Exchange 2000.
• On a social note, we have coverage this month on the curlingbonspiel, gin tournament and the ski trip. Be sure to check out allthe pictures and thanks again to all the generous sponsors withoutwhom none of these events would be possible.
• With less than a month to go, The Prospect Exchange is enteringthe home stretch and gearing up for the best show ever. To date wehave 108 exhibitors registered and over 1000 viewers with morearriving daily! The Prospect Exchange is also pleased to announceour Major Financial Sponsor of IndigoPool.com who will providevirtual on-line data rooms for each Exhibitor. Following this theme,we have an article from IndigoPool.com on the use of the Internetwithin oil and gas.
Next month we have more exciting and informative articles to bringthe membership, so stayed tuned! If anyone has any questions orconcerns on this month’s issue please do not hesitate to contactme at 213-7512 or [email protected].
Nathan MacBeySenior Editor
Editorial Highlights
N
N Pa g e 9APR. 2000
Did you know… • The Early Bird deadline for Conference
registration is June 15, 2000?
• The Early Bird draw will be held at the
June 22, 2000 General Meeting?
• special accommodation rates are in
effect until August 23, 2000?
• There are three daily direct flights
to Halifax? – You should be planning to attend?
Talk about a Fish Story!!!
In 1997, fish landings in Nova Scotia amountedto 271,539 tonnes (fish and shellfish) and had acombined value of $479.3 million. Lobster wasby far the largest value, with 18,442 tonnes
having a value of $206 million.
REMINDER!don’t forget about the
10TH ANNUAL UNIVERSITY OF CALGARY PETROLEUM
LANDMAN’S INVITATIONAL CHARITY GOLF TOURNAMENT
Friday July 21st, 2000 • Register today with the registration form in the the inserts section.
Group Benefits ProgramGroup Benefits ProgramGood news! Effective 1 April 2000, The CAPL benefits plan will be
moving to a less restrictive drug provision. Currently the drug plan
is set at 80% on the 49 formulary with a generic override, plus a
$6 dispensing fee cap. There is also a second tier, which pays 50%
on the 88 formulary. The plan will change to 100% coverage on
the 88 formulary with generic override and a dispensing fee
deductible. The second tier will be removed. The 88 are a more
relaxed formulary that covers a wider range of drugs but does not
include smoking cessation products or fertility treatments. The
move will make members responsible for choosing a pharmacy with
a lower dispensing fee and will eliminate confusion surrounding
the 2-tier system.
Rather than calculating coverage based on 80% or 50% and any
portion of the dispensing fee over $6, the member now only pays
the dispensing fee. We have included dispensing fee surveys for
several provinces so members can make an informed decision as to
where to shop.
Extended Health Care pricing will not be affected by this change,
however utilization of the plan will be reviewed at renewal time as
per our normal practice. Please feel free to contact Dann Kepford at
(403) 246-5228 should you have questions or concerns.
The following is a pharmaceutical dispensing fee survey of most
common pharmacies in Alberta. Drug ingredient costs are identical
from one pharmacy to another in Alberta. However, pharmacies have
some leeway in terms of what they charge to dispense the drugs.
Regards,
Benefit Management Limited
Dann Kepford
Vice President of Marketing
PHARMACY DISPENSING FEE
Calgary Co-op $7.29
Canada Safeway $6.69
Costco $2.19
London Drugs $5.33
Pharmx Rexall $9.98
Pharmasave $9.63
Real Canadian Superstore $2.69
Shoppers Drug Mart $10.07
Super Drug Mart $9.62
Value Drug Mart $10.34
Wal-Mart $4.65
Zellers $6.84
Independent Pharmacies $9.80
Save on Foods & Drugs $4.77
N Pa g e 1 0APR. 2000
The dreaded Toilet Seat Award for the team with the leastpoints was presented to Lance Peterson, Greg Smith, SharonGordon and Nathan MacBey.
Applied Terravision Systems
Benchmark Land & Mineral Company
Britt Resources Ltd.
The Cadastral Group Inc.
Caltech Surveys Ltd.
Canada West Land Services Ltd.
Canadian 88 Energy
Canadian Landmasters Resource
Services
Caribou Land Services Ltd.
Cavalier Land Ltd
D.R. Hurl & Associates Ltd.
Focus Surveys
Heritage Freehold Specialists & Co.
Ltd.
IHS Energy Canada
Maltais Associates Surveyors
McElhanney Land Surveys Ltd.
Midwest Surveys Inc.
Nickle Maps
Northcan Surveys
Petro-Canada Oil and Gas
Petroland Services (1986) Ltd.
Prairie Land & Investment Services Ltd.
Scott Land & Lease Ltd.
SESL Geomatics
Touchdown Land Consultants Ltd.
Western Land Services Co. Ltd.
Another successful CAPL Bonspiel was held at the Calgary Winter
Club on March 2, 2000. When all the rocks were thrown and the draws
completed, this is how the teams stacked up:
First Event: Raymac Surveys Ltd.
Brad Thiessen, George Paulus, Jennifer Maclean,
Terry Jordan
Second Event: Meridian Land Services (90) Ltd.
Donna Phillips, Bill Trefiuk, Darren Gramlich,
Craig Pittman
Third Event: All West Surveys Ltd.
Levonne Louie, Marvey Zwarich, Wayne Sampson,
Greg Bessey
Fourth Event: McNally Land Services Ltd.
Cliff Mork, Rita Fraser, Dalton Dalik, Jeff McManus
Special thanks to all of the Sponsors for their generous donations. We
appreciate their continued support of the CAPL Bonspiel.
Thanks also to the Curling Committee of Margaret Wyonzek, Donna
Phillips, Kevin Burke-Gaffney and Dave Laurie for their efforts in
organizing another successful CAPL Bonspiel.
Carla Luiken
2000 CAPL Curling Committee Chair
N Pa g e 1 1APR. 2000
The Technology Portfolio was created during the 1999–2000 term with the near termobjectives of ensuring that the office operating systems were year 2000 compliant, toaccelerate our website development, and monitor the CAPL’s involvement in Petrodocs.
As everybody is aware, the Y2K bug was a non-event worldwide and, thankfully, it was like-wise for the CAPL. With limited computer resources owned by the CAPL, our preparationswere restricted to upgrading some office software and fixing a date string on the internet.
We started the year with the recruitment of a committee to identify and deal with themany tasks and enhancements required to further improver our website, located atwww.landman.ca. Listed at left are the committee members and the page assignmentsfor each. If you haven’t checked it out in a while, I think you will be impressed withthe quality of the product.
One go forward objective is to develop and release a fully web enabled membershipdata structure, which will offer:
• Secure, interactive member information and online roster capabilities;• Course, Conference and general event registration (incl. Prospect Exchange);• Tracking functions for education and professional programs and certification;• Increased office efficiency by reducing direct member maintenance and adding
accounting links for billing purposes and future e-commerce capabilities;• Enhance the communication options available between the office and members
(e-mail, FAX notices).
While the website will forever be a work in progress, it is an educational resource forthose unfamiliar with the roles of the CAPL in the energy sector and is and willcontinue to be a very valuable resource for our membership.
As noted above, major changes have been made over the past year to the website and Iwish to thank the hard work of the committee and especially Bob Pitter and HaroldPliszka (Platinum Systems) for their efforts on the Prospect Exchange pages.
PetroDocsPetroDocs, a joint development between CAPL and Visions Software Inc., is a Windowsbased application that creates standard CAPL and PASC documents. It was first releasedin March 1998 and is currently in use by over seventy-five companies. The currentversion, Version 1.51, includes the 1981 and 1990 Operating Procedure, Farmout andRoyalty Procedure, Overriding Royalty Procedure, Royalty Procedure Version 1.0,Assignment Procedure, Amending Agreement, Notice of Assignment and the 1988 and1996 PASC Accounting Procedure.
Version 2.0 of PetroDocs will be released in second quarter 2000. The major enhance-ments will include, the ability to save standard corporate elections and text revisions,provide true client server functionality, using an Oracle database and allow the sharingof documents, the company name and address table and other tables between userswithin a company. This new release will also establish the foundation to add optionaldocument modules, to integrate with land systems and to allow for the exchange ofdocuments and data over the Internet.
In the near future there are plans to release document modules including, the PropertyTransfer Procedure, the new Freehold Mineral Lease, the various Surface Leases and theRight of Way Agreement. There are also plans to include other industry associationstandard documents.
If you have any questions about PetroDocs you can contact Gale Breen at VisionsSoftware, her phone number is (403) 261-6152.
Dennis Eisner, P.LandDirector, Technology
N
CAPL WEBSITE
Page Sub Categories ContactCover Page Net Sponsors Bob PitterAbout CAPL Link to Sponsors Bob Pitter
Link to Petroleum ExchangeNews Public Relations/ Releases Rian Harrison
Awards Chris KoichopolosNegotiator Greg GlennLink to New Courses
Events Social Terry HenkelmanMeetings Rian HarrisonConferences
Courses Course Listing Mike HenkelmanTime/Location Greg Sinclair
Portfolios Directors/Videos Peter GilmoreCommittee ListsCommittee Summaries
Tools/Library Related Sites Jim ThompsonWeb Search Mike HenkelmanLand Sale/Stats/…
Role Description (Brochure) John MannixSkill sets – job class Greg GlennProfessionalism
Sponsors/Sponsorship Net Sponsors Dennis EisnerCAPL Supporters Bob Pitter
Prospect Exchange Bob PitterContact Us General CAPL Business CAPL Office
Message from Executive
In the oil and gas industry, officers and senior managers are charged
with setting the corporate objectives to create greater shareholder
value and provide the resources necessary to capture the best or most
suited opportunities. Earth scientists, engineers and business develop-
ment professionals not only create or develop opportunities internally
they are responsible for evaluating those external opportunities that
arise, as natural course of our business. Landmen, as the corpo-
ration’s primary external contact, are responsible for bringing
opportunities and interested parties together. Individuals from
each of these groups will tell you that you will identify and
evaluate any number of opportunities before finding the one
that is most suited to your specific needs. Often at least five
to ten different opportunities are reviewed before one is found
that fits the corporate objective.
The message here is one of opportunity. Each professional discipline
including the officer group has a responsibility to be pro active in the
search for new opportunity. Success is the capture of the right oppor-
tunity that allows a company to flourish. Given the universal and on
going need for opportunity, what better venue could you have that
brings together a significant number of prospects or assets with
parties who are both knowledgeable and motivated. The Prospect
Exchange provides viewers with a wide variety of stimulating exhibits
from all over North America as well as abroad. There are asset acquisi-
tion or divestiture opportunities, farmouts, joint ventures, property
trades as well as the important exchange of ideas between members of
multi-disciplined teams. When the average is looking at five to ten
prospects to get one, how much more time effective can we be when
we have the opportunity to view well over a hundred, in an environ-
ment that promotes action and dialogue. Given your corporate
responsibility to identify and capture new opportunity, can you afford
to not be part of the industry event that maximizes exposure. Register
now and be a participant in this year’s exciting Prospect Exchange.
Gary K. Montgomery, P. Land
Co- Chairman, The Prospect Exchange
What An Opportunity
Olds College PartnersClub ($100,000+)
Canadian Association of PetroleumLandmen
Heritage Council($25,000 – $49,999)
Canadian 88 Energy Corp.
Governors Council Club($10,000 – $24,999)
Amoco Canada Petroleum Co. LtdCanadian Hunter Exploration Ltd.
Chevron Canada ResourcesImperial Oil Ltd.
PanCanadian Petroleum Ltd.Petro-Canada
BP Resources Canada LtdCanadian Landmasters Research
Services Ltd.Canadian Western Natural Gas
Jim Lore
Distinguished DonorsClub ($1,000 – $4,999)
Anderson Exploration Ltd.Apache Canada Ltd.
Encor Energy Corporation Inc.Federated Pipe Lines Ltd.Home Oil Company Ltd
McNally Land Services Ltd.Paloma Petroleum Ltd.
Penn West Petroleum Ltd.PrimeWest Energy Inc.
Renaissance Energy Ltd.Sceptre Resources Ltd.Scurry-Rainbow Oil Ltd.
Talisman Energy Inc.Union Pacific Resources
Builders Club ($5,000 – $9,999)
Alberta Energy Company Ltd.Fletcher Challenge Petroleum Inc.
Allan MarkinShell Canada Products Ltd.
Friends Club ($25 – $999)APL Oil & Gas Ltd.
Atcor LtdJohn Benson & Lou MacGregorBrian K. O'Ferrall Prof. Corp.
Cabre Exploration Ltd.James E. Chaput
Charter Land Services Ltd.Don Cook Land Services Ltd.Enerplus Resources Group
K.A. Longstaff & AssociatesL.J. Schneider EngineeringMeridian Land Services Ltd.
John MolendykN. McKenzie & Assoc Land Ltd.
Numac Energy Inc.Oak Bay Resources Ltd.
Oil & Gas Exploration Journal Ltd.Pembina Resources Ltd.
Petro-J Land Services GroupPioneer Land Services Ltd.
R.A. Berrien Associates Ltd.Ron Reid
Ranchmen's Resources Ltd.Sabre Energy Ltd.
Tarragon Oil and Gas Limited Upton Resources Inc.
Olds College UpdateLand Agent Endowment FundIndustry, government and sector volunteers are working togetherto fund a chaired position at Olds College in the Land Agentprogram. The Land Agent Endowment Fund was established toprovide funding for a teaching chair in the Land Agent Program;to ensure that the existing program continues to meet industryrequirements and is expanded to meet the challenge of a changingemployment environment. The first phase of the campaign,chaired by Harvey Pockrant of Chevron Canada Resources and MervHenkelman of the Canadian Landmasters Resource Services raisedapproximately $500,000. Phase two of the campaign chaired byNorm McNally of McNally Land Services has brought the balance to$725,000. The campaign goal is $1,000,000.
The two year Land Agent diploma program offers hands on train-ing to give students the edge for employment with an oil and gas,resource, utility, environmental company or a government agency.A land agent facilitates the leasing or purchase of land selectedfor a well site, pipeline route, highway or utilities right of way.This year 77 Land Agent students are getting the Olds Collegeedge. The Land Agent Industry Advisory group met on November25, 1999 to review and advise on industry issues affectinginstruction at Olds College. It was noted that the Appraisal 101course has been rewritten and Land 201 is now being upgraded.
The committee has kept a low profile this past year, in light ofthe economy, and feels that now is the right time to remindindustry of the campaign. The committee (consisting of NormMcNally; Lou MacGregor, Universal Field Services Ltd.; Ron Reid,Faculty; Ted Anderson, Pioneer Land, and Harlow Way) would liketo thank past donors and look forward to meeting with Industryin the coming months.
For more information about Olds College or this campaign, pleasecontact Doug Pearce; Executive Director at 1-800-661-6537 or 556-4641, Joyanne Mitchell; Administrative Fund Development Officer at 556-4749 or Norm McNally; Chairman at 503-5263.
N Pa g e 1 4APR. 2000
PLUS 1999/2000The Year in Review
This article must begin by thanking thosecompanies and individuals that continueto support PLUS year after year. Withoutyour unfailing aid PLUS and the PetroleumLand Management (PLM) program wouldnever have been able to realize the amaz-ing successes that it has over this lastyear. We must also take the time to offerour gratitude to all of the instructors thatwork so hard working us so hard through-out the year.
The last year saw unprecedented turnoutsat events such as our slo-pitch and pooltournaments. Our appreciation goes outto all that attended for making us lookso good. January found PLUS holding itsfirst Industry Appreciation Night. Withthe largest budget for a single event everattempted by our organization, we wereproud to receive just fewer than 100 fordinner and a chance to chat. As usual,this year continued the PLM tradition ofits Gusher nights; free food and bever-ages never fail to please landmen itseems. Plans are currently in the worksfor our 3rd Annual Industry SpeakerNight as this year’s last major function.During this evening key speakers fromvarious aspects of the industry willaddress the PLM students to entertain,inform and answer questions. Our thanksgo in advance, to those that we areabout to persuade to help out. Andfinally, many plan to wrap the year up infine form at the Alumni golf tourney.
This year also saw the inauguration oftwo very exciting new initiatives involv-ing the PLM program. Firstly, the CAPLextended to all declared land manage-ment students the opportunity to applyfor student membership. The CAPL hasalways supported the PLM program oncampus through various efforts such asfinancial support, the offer of CAPLscholarships and the provision of ticketsto the CPPE as well as to monthly CAPLmeetings. Many CAPL members alsoprovide an invaluable resource to the
PLM program by making themselves avail-able to offer support and advice tostudents. The formalization of thisprocess through the student membershipprogram is one more way in which theCAPL continues to broaden the range ofservices that it offers to its members.
Secondly, and in conjunction with theStudent Membership program, the CAPLformed the PLM Mentoring Program. Thisprogram is aimed at pairing working landprofessionals with land students; it hopesto broaden the student’s education with acomponent of practical experience andprovide a mentoring relationship thatcould last throughout the student’scareer. As an active member of thisprogram, I can honestly say that it hasbeen an extremely valuable program andwould once again like to offer the sincerethanks of the PLM students to those land-men that have offered their time toworking with us. We look forward toseeing a great turn out once again as weround out the year at Shanks with allthose involved in the program (see regis-tration form in this issue).
As students in the PLM program, we havebeen very fortunate in being able tomeet many new and interesting peoplethat work within land. We must attributeour successes to an industry thatpossesses a network of opportunities andinterpersonal connections like no other.On behalf of the PLM students, I wouldlike to extend our very sincere gratitudefor the support that has been extendedby the CAPL and land professionals inmany capacities. I believe that the manyinitiatives offered, both on campus andthrough the CAPL, really do inspire insome the desire to excel.
Jan PetersPresident, PLUS
Wood CarvingArtist: Elmar Shultes
N Pa g e 1 5APR. 2000
Introduction to Petroleum Land Administration May 2 & 3, 2000 • 8:30 a.m. – 4:30 p.m.
Intended for land secretaries and junior administrators who wish to
improve their knowledge in all facets of Petroleum Land
Administration, this seminar covers topics such as: daily expecta-
tions and responsibilities of the land administrator, land systems and
controls, land tenure issues, and an administrative review of various
land contracts. Practical examples are provided and a discussion of
common problems is encouraged.
Instructor: Lois Kaake, P.Land. Mrs. Kaake has over 20 years land
experience and has taught Land Administration courses
at both SAIT and Mount Royal College.
Fee (including GST): CAPL Member: $374.50.
Non-Member: $428.00
Management ofOffshore Oil & Gas
Resources on Canada’sEast Coast
April 26, 2000
8:30 a.m. – 4:30 p.m.
This seminar will be of value to anyone who requires an understand-
ing and working knowledge of the Atlantic Accord Acts and East
Coast regulatory regime, including such topics as the land tenure
system and regulatory requirements and procedures, with particular
regard to rights issuance matters.
Instructors: Angus Taylor – Manager Legal and Land, Canada-
Newfoundland Offshore Petroleum Board. Steve Bigelow
– Manager Resources and Rights, Canada-Nova Scotia
Offshore Petroleum Board
Fee: (including GST): CAPL Member: $349.64.
Non-Member: $401.25
Get Smart
For more information or to register for any seminar, please contact the CAPL
office at (403) 237-6635 or at Email address: [email protected]
Coiled tubing (a.k.a. endless tubing) came on the oilpatch scene inthe early 1970’s. The applications for this technology have grownsteadily as has the desire to become faster, more efficient and moreenvironmentally friendly. This article will explain what coiled tubing is,discuss the innovations affecting this technology and predict howcoiled tubing will continue to evolve in the future.
In the Beginning……there were drilling rigs and service rigs and each utilized 30-ftsections of steel pipe to reach the depths where oil and gas reserveswere found. These rigs ‘run’ pipe in and out of the wellbores, making upjoints of pipe using overgrown pliers (tongs) to screw the joints of pipetogether to make one long steel conduit or ‘string’ long enough for thejob. This is the way it has been done for many years and this is howdrilling and service rigs continue to reach their operating depths today.
The pipe handling is time consuming, labor intensive and by definitionrequires breaching the integrity of the string every 30-ft. — perhapsthis could be improved.
Coiled Tubing Arrives on the SceneThe idea of a continuous string of tubing, one which did not requirethe time consuming making and breaking of connections, was initiallyproposed and developed for underwater pipeline applications during the2nd World War. However, not much happened with respect to develop-ments in industrial applications for coiled tubing until the 1960’s.
Coiled tubing operations in Canada started with 0.75 inch outsidediameter coiled tubing in 1970. This tubing had a very small hydraulicarea and could only pump a very low viscosity fluid at reasonable rates,such as nitrogen gas. As a result, nitrogen pumping companies wereideally positioned to get into the coiled tubing business. Nowsco WellService began as a nitrogen pumping company in Canada and as nitro-gen pumping continued to be a big component of its business, Nowscoand coiled tubing services were a match made in heaven.
Early coiled tubing jobs were limited to ‘blowing down’ or initiatingflow in gas wells by removing liquid from the wellbore using nitrogengas. Some small hydrochloric acid and solvent treatments were happen-ing at this time; however, the small diameter coiled tubing severelylimited the pump rate of these fluids and made larger volume treat-ments impractical.
Coiled tubing services were in their infancy in the early 1970’s.Although the service filled a need and gained industry acceptance, theearly days were not without mishaps. Tubing would split and fall downthe wellbore and there were numerous ‘runaways’ where the weight ofthe tubing string would overcome the ability of the surface equipmentto support it. In short, the early days were extremely interesting.
Coiled Trouble?The initial development of coiled tubing sprang from the furnituremanufacturing industry as metal tubes were an integral component oftables and chairs. The quality of the material was sufficient for a tableor a chair but was not always up to the task of 5,000 to 10,000 foot
wellbores. There were many failures in the coiled tubing in the earlydays, however, research into tubing body metallurgy and welding tech-niques now provide us with a strong dependable product.
What Is a Coiled Tubing Unit?A coiled tubing unit consists of (1) the tubing on a reel (2) a connectionto facilitate the pumping of fluids (3) a ‘Head’ or Injector that injectsthe tubing into the wellbore (4) a prime mover (motor) to provide thepower to operate the coiled tubing unit and (5) pressure control equip-ment such as Blow Out Preventers.
These components function together to provide a fast, efficient meansof moving to a location, rigging up to a wellhead and running coiledtubing into and out of a wellbore.
Modern Coiled Tubing OperationsToday, coiled tubing is truly being used in every application wherejointed pipe was traditionally used. It is used to drill vertical anddirectional underbalanced wells (where the well flows hydrocarbonswhile it is drilled) and it is used to drill wells where speed and lowcost are the driving factors. Coiled tubing may also have an internalwireline and be able to electrically log or perforate horizontal or highangle directional wellbores where wireline would not otherwise be ableto enter. Coiled tubing also comes in concentric forms (tube in a tube)to ‘vacuum’ sand from producing heavy oil wellbores, as well as beingused to evaluate horizontal wellbores.
What’s Coming?As with other technologies in the oil and gas development business,coiled tubing will evolve to fill the needs of its customers. As theWestern Canada sedimentary basin depletes, lower margin reservoirs willbe exploited necessitating very efficient, low cost interventions to beprofitable. Coiled tubing, because of its size and mobility and the relativespeed of operation, will play a large part in the oilpatch of the future.
Look for ‘smart’ coiled tubing which can be run into a well with severaldistinct wellbores and steer itself into the desired one. Keep an eyeout for changes to the metallurgy of the coiled tubing body to providemore strength, lighter weight, improved corrosion resistance andresistance to sour gas (H2S).
There will continue to be improvements in the efficiency of the coiledtubing units to make them more compact, faster to rig up and lesscostly to operate. There will also be changes to the tools that are puton the end of the Coiled Tubing. These tools will be developed toaddress the evolving needs of the industry.
In summary, the technology will continue to evolve and the evolution willonly be limited by the needs and the imagination of the players involved.
Coiled Tubing Applications1970 to Y2K
Jim MacArthur, P.EngNowsco-Fracmaster
Nowsco–Fracmaster, a BJ Services Company, is anindustry leader in the development and application of
Coiled Tubing technology world-wide.
N Pa g e 1 7APR. 2000
Since 1948 the Canadian Association of Petroleum Landmen has built a
tradition of integrity and sound business judgement. It is very impor-
tant to the industry and our Association that this tradition continues.
One of the best ways of passing on that tradition is to provide exposure
for new Landmen to members of our Association who exemplify these
values. I know of no better way of sharing that tradition than by
becoming involved in the CAPL/PLM Mentoring Program.
Last September we initiated the Mentoring Program with 22 Mentors being
involved with our 4th year PLM Students and in January 27 Mentors with
our 3rd year PLM Students. On behalf of the Mentoring Committee, I would
like to thank the Mentors and Students who participated in the initial year
of the Program and we would like to acknowledge those individuals and
their companies for supporting the Program.
Dennis Eisner NorthStar Energy Sharlee Tamura 3
Larry Green Real Resources Denise Wong 3
Terry Morey Sawtooth International Jamie Macrae 3
Wade Becker Startech Energy Cam Yamada 3
Jim Beattie NorthStar Energy Jaime Lee 3
Harry Ediger Storm Energy Kyla Mumby 3
Bob Mosoronchon Canadian Natural Resources Phillip Schnell 3
Ferdie Artzen AEC East Roberta Aguilera 3
Larry Buzan AEC West Nielsen Rand 3
Brad Purdy Genesis Exploration Jason Heilman 3
Richard Crowe Crestar Energy Kim Schumann 3
Dwight Ostrosser Pan Atlas Energy Shely Hittle 3
Paul Pypers Seventh Energy Rob Mardjetko 3
Kurt Miles Pursuit Energy Steve Bradford 3
Neil Cusworth Tikal Resources Jennifer Mckennie 3
Bill Macdonald Avalanche Energy Jamie Sui 3
Beverly Shatosky Tri Link Resources Aaron Rodatz 3
John Levson Talisman Energy Guido Struyk 3
Jennifer Klotz Petro-Canada Oil and Gas Ryan Thompson 3
Greg Strachan Pogo Canada Ltd. Jeremy Tsang 3
Mike Ponto Newport Petroleum Kevin Kalman 3
Rick Youell Viking Energy Mary Paterson 3
Greg Larson Star Oil & Gas Ltd Heather Sych 4
Debby Rowland Celsius Energy Sarah Craig 4
Bob Bachynski Canadian Forest Oil Ltd. Kevin Koe 4
Wayne Geddes Union Pacific Resources Gina Lucas 4
Jim Gibney Apache Canada Michael Arthurs 4
Brian Birchall Union Pacific Resources Jodi Gosling 4
Mark Lackie Wascana Energy Christa Phillips 4
Bruce Murray Purcell Energy Jan Peters 4
Carla Luiken Petro Canada Oil and Gas Rhonda Kropinak 4
Trevor Williams Grey Wolf Exploration Michael Bergstrom 4
Rob D'Adamo Petro-Canada Oil and Gas Josh Truba 4
Gord D'Eath Imperial Oil Darren Grandoni 4
Joe Anderson/Jeremy Galeski Crestar Energy Doug Kary 4
Dalton Dalik Tornado Resources Kevin Koopman 4
Kevin McFarlane Petro Canada Oil and Gas Robin Thorsen 4
Paul Smith Vermilion Resources Calynda Gabel 4
Chris Soby NorthRock Resources Gary Lebsack 4
Walter Vrataric Search Energy Nathan Ritchie 4
Marc Fonteyne Fletcher Challenge Energy Cheryl Kwan 4
Jacqueline MacDougall PanCanadian Petroleum Stephanie Hay 4
Scott Nalder Draig Energy Catherine Roeske 4
Mike Geldert Crestar Energy Leanne Quantz 4
Tamara MacDonald NCE Resources Ryan Heath 4
Joe Levesque Talisman Chris Bartole 4
Rick Cheetham Canadian Hunter Brad Johnson 4
Brian Bass Archean Marilyn Seward 4
Tim Cumming Place Resources Robin Martin 4
Ted Weryshko Imperial Oil Barbara Wylegly 4
Joanna Wright Berkley Petroleum Jessica Fletcher 4
Mentor Mentor’s Company Student Year Mentor Mentor’s Company Student Year
The comments we have received back from both Mentors and Studentshave been very positive and most encouraging. These Mentors andStudents are establishing a tradition that we can all be very proud of.
But like all traditions, they don’t just happen. It takes time, commit-ment and effort by the entire Association. We need your support for
additional Mentors on a go forward basis. To make a tradition work, itmust be shared and that sharing comes with each of our commitmentsto the high values we want carried on. Help us “Share the Tradition”and become involved with the Mentoring Program by contacting anymember of the CAPL/PLM Mentoring Committee listed below:
“Sharing the Tradition Appreciation Night”
Date: Monday, May 1
Time: Happy Hour 4 pm…
Place: Shanks – 103 Crowfoot Terrace
Name Company Phone E-mailLawrence Fisher Quintana Minerals 298-8904 [email protected] Lannan Suncor Energy 269-8130 [email protected] Lawson Anderson Exploration 232-7337 [email protected] Lee PLUS Rep. ( 3rd YR.) 275-0989 [email protected] Lefebvre Corsair Exploration 237-5813 [email protected] Newton Velvet Exploration Ltd 303-3140 [email protected] Payette University of Calgary 220-3733 [email protected] Peters PLUS Rep. ( 4th YR.) 686-1332 [email protected] Wallis PanCanadian Resources 290-3283 [email protected]
Wayne F. Lannan, P. LandChairman; CAPL/PLM Mentoring Committee
Sharing the Tradition
N Pa g e 1 8APR. 2000
The First Ever CAPL Gin Tournament
On the 10th day of February in the year 2000, pro and beginner card
players met, some for the first time, to experience the First Ever CAPL
Gin Tournament. We had men and women from all aspects of the indus-
try battling it out for top place... the cash! All attendees had no
trouble mingling, networking, eating, enjoying refreshments and
laughing with each other while the cards were being dealt. After hours
of concentration and a few “Gin” and “Double Gin” hands, the follow-
ing survived to the end:
1st Place “A” Side Rob Wagemakers2nd Place “A” Side Wayne Moses
1st Place “B” Side Dolores Henkelman2nd Place “B” Side Hugh Borglund
1st Place “Doubles” Terry Henkelman & Kevin Mitchell2nd Place “Doubles” Ken Chugg & Bob Garies
The sponsors played a very big part in this tournament and we are very
grateful for their generosity. We were delighted to see some of our
sponsors came out to play. Their donations helped the First Ever CAPL
Gin Tournament be a huge success:
We must not forget the CAPL First Ever Gin Tournament committee for
all their time and effort they put into this event. Without them this
memorable evening would not have taken place. Our special thanks to:
“Texas Hold Em” (Tom) Holland, “Bounty Man” (Bob) Garies, “Winning”
(Wayne) Moses, “Down & Dirty” (Don) Manson and “Mr. CardMaster”
(John) Davis. You all did a terrific job, Gentlemen!
Watch out for the “2nd Ever CAPL Gin Tournament”!
M.L. (Merv) Henkelman, P.Land
Chairman
All West Surveys Ltd.Allied Land Services (1978) Ltd.Badlands Field & AdministrationServicesBenchmark Land & MineralCompany Ltd.Canada West Land Services Ltd.Canadian Landmasters ResourceServices Ltd.Cavalier Land Ltd.Focus Surveys Ltd.
D.R. Hurl & Associates Ltd.Magin Energy Inc.McElhanney Land Surveys Ltd.Meridian Land Services (90) Ltd.Midwest Surveys Inc.Petroland Services (1986) Ltd.Pioneer Land Services Ltd.Scott Land & Lease Ltd.Swenson Morrison Land SurveysWestern Land Services Co. Ltd.
SPONSORS
Prepare now for...
April 27&28, 2000"THE PROSPECT EXCHANGE"
Attending The Prospect Exchange as an Exhibitor, viewer or both?Let us assist you in putting your prospects on display.
• Exhibitor packages starting as low as $299• Viewer packages starting as low as $75
For information contact Cherene Crawford or Allison Niemi At 264-8850
[email protected] / [email protected] / www.excalibur-gemini.com
THE LANDMAN’S MILLENIUM MOSTEXCELLENT SKI TRIPThe third annual winter classic ski trip was organized over the February
4–7 long weekend (long for some of us). Once again we headed down to
the Big Mountain in Whitefish, Montana for some fun and frivolity.
Unfortunately we were unable to match the glorious powder conditions of
one year earlier, however, we did get some fresh snow on Friday night to
soften things up. Whitefish was its usual gnarly self with the Whitefish
Winter Carnival going on over the weekend. The Great Northern Saloon
proved to claim as many victims as double black diamond runs like East
Rim and Haskells Slides. I’d like to express my thanks to Committee
members Keenan Cannady and Geoff Cain as well as quasi-committee
member Kevin Chau for their help with organizing this trip. Last but not
least, I would like to thank the following sponsors who stepped forward
to help make this trip very affordable:
All West Surveys Ltd. Tony MeltonCrape Geomatics Corporation Mike CrapePetroland Services (1986) Ltd. Shawn IrwinCanadian Landmasters Resource Services Ltd. Terry & Mike HenkelmanScott Land and Lease Ltd. Geoff CainMcElhanney Petroleum Surveys Ltd. Larry Loomes
Mike Flanagan, Chairman 2000 CAPL Ski Trip
Snow much fun.
Ready, set , go!
Alberta land sale update
Alternative Dispute Resolution Steering Committee
The AEUB found that in recent years, proposed facility applications
(wells, pipelines, batteries, and gas plants) were leading to disputes in
increasing numbers and in intensity between residents and petroleum
companies. Approximately 5 per cent of the proposed developments
involve some form of dissatisfaction, unresolved issues, or conflicts
which the applicant needed to address and resolve. Though out of
some 20,000 applications per year, only an average of 35 resulted in
hearings before the AEUB. However the AEUB recognized that the
emotional intensity was escalating in these hearings in recent years.
Concern over this increase in disputes, has lead to the formation of
Alternative Dispute Resolution Steering Committee. The committee is
represented by the AEUB, CAPL, CAPP, SEPAC, the Farmer’s Advocate,
the Surface Rights Board, the Sundre Petroleum Operators Group, the
Wild Rose Agricultural Producers and other representation from the
agricultural community and the environmental advocates. The commit-
tee who is chaired by the AEUB, has been meeting since November
and is now looking for input from stakeholders concerned with dispute
mechanisms surrounding these issues. The AEUB has prepared a Terms
of Reference document which has been drafted as starting point for
review and consultation, and does not represent the AEUB’s position
on these matters. This document can be viewed on the internet at
http://www.eub.gov.ab.ca/bbs/ils/gbs/gb2000-04-terms_of_ref.htm.
To submit your comments, please contact Bill Remmer, EUB Regulatory
Support, at (403) 297-8174 or at [email protected].
(Contact: Bob Garies 298-0965)
This column recognizes the fine work being performed
by volunteer CAPL members, on behalf of the associa-
tion, for the benefit of the industry as a whole. This
month we have focussed on the AEUB’s Alternative
Dispute Resolution Steering Committee which is being
represented by CAPL, as well as other stakeholders. If
you wish to offer your views and input on any initiatives, please
address the applicable contact person listed previously with any advice
or concerns you may have.
Stephen A. White
Editorial Staff
N Pa g e 2 1APR. 2000
Committees in Action
N Pa g e 2 2APR. 2000
Using QByte’s industry-leading information systems for upstream andmidstream operations just got easier.Now, through QByte Online, your staffcan use our systems over the Internet orvia a MAN “Metropolitan Area Network”.We provide the software, hardware andsystems management services centrally.And, we do all this for a predictable,easily understood user-based monthlysubscription fee. Let us manage yourinformation systems so you can spendmore time managing your business.
“I want to manage my information, not myinformation system.”
(403) 509-7429www.qbyte.com
The Information Backbone for Upstream and Midstream Operations.
Financial Management
Production Management
Land Management
Decision Support
N Pa g e 2 4APR. 2000
on the MOVELarry Braun, P.LandCarpatsky Petroleum Inc.To Cordoba Resources Ltd.
Les Burden, P.LandIndependentTo Sunfire Energy Corporation
Carl CampbellPCC Energy Inc.To Concorde Resources LLC
Jim ChaputCanadian Hunter Exploration Ltd.To Adelthi Holdings Limited
Kelly CowanFounders Energy Ltd.To Raro Resources Ltd.
Dalton DalikTornado Resources Ltd.To Calvalley Resources Inc.
Gail DowneyIndependentTo NAL Resources Management Ltd.
Darlene EvansSymmetry Resources Inc.To Independent
Rob GarrisonPetrovera ResourcesTo Encal Energy Ltd.
Dean Gould, P.LandReserve Royalty CorporationTo Renaissance Energy Ltd.
Jerry HagenMoab Resources Inc.To Talisman Energy Inc.
Pat Harland, P.LandMagrath Energy CorporationTo Harland Mineral Resources Ltd.
Randy Harrison, P.LandStrega Energy Inc.To Invasion Energy Inc.
Nancy Howes-OlmsteadNHO Office ServicesTo Glencoe Resources Ltd.
Barry Lainof, P.LandCanadian International RoyaltyCorporationTo Westlinks Resources Ltd.
Caroline LaPointeRenaissance Energy Ltd.To LaPointe Consulting Ltd.
Carla LuikenPetro-Canada Oil and GasTo Coastal Oil & Gas Canada, Inc.
Nathan MacBeyUpton Resources Inc.To Northrock Resources Ltd.
Tim MaloLaro Petroleum Inc.To Allied Oil & Gas Corp.
Craig McClelland, P.LandRenaissance Energy Ltd.To AEC West
Nance McCollomIndependentTo Dynamic Oil & Gas, Inc.
Garry McCullough, P.LandGMAC LandTo Compton Petroleum Corporation
Bruce McFarlaneBurlington Resources Canada EnergyLtd.To Meota Resources Corp.
Bill NelsonIndependentTo Nelson & Associates
Denise NelsonFounders Energy Ltd.To Nelson & Associates
Terry ProkopyGardiner Exploration LimitedTo Judelle Resources Inc.
Doug Reynolds, P.LandMobil Oil CanadaTo Burlington Resources CanadaEnergy Ltd.
Zvonko RimacTalisman Energy Inc.To Barrington Petroleum Ltd.
Wendy RossMaximum Energy Corp.To Penn West Petroleum Ltd.
Pauline VaughnCanadian Natural Resources LimitedTo Independent
Bill Webb, P.LandIcon Energy LimitedTo Renaissance Energy Ltd.
Pary WeilerRanger Oil LimitedTo Compton Petroleum Corporation
Rob WestonCabre Exploration Ltd.To Burlington Resources CanadaEnergy Ltd.
Roster Updatesnew MEMBERSNew Members
The following were approved for membership at the February 1, 2000
Executive Meeting:
Applicant Current Employer SponsorsAndrew Humphreys Independent Louis d’Abadie
Bonnie McLaren
Scott Nalder
Dawn Jordan Brimac Consulting Ltd. Bill Schultz
Susan Underwood
Terri Whitaker
John Lawson Anderson Exploration Ltd. Sandy Drinnan, P.Land
Rob Friz, P.Land
Ray Masniuk
Michael Miles Union Pacific Resources Inc. Noreen Brandelli-Pate
Lawrence Fisher
Gary Kirkpatrick
Margo Mitzel Independent Gail DeBoer
Pat Krauss
Teri Ryan
Catherine Rowland Velvet Exploration Ltd. Cathy Armstrong, P.Land
Peter Manchak
Jim Moore, P.Land
Susan Smythe Penn West Petroleum Ltd. Larry Jones
Jane McKinnon, P.Land
Randy Woods, P.Land
Student Members
Steve Bradford University of Calgary Robert Schulz
Kim Connolley Olds College Tara Lloyd
Trevor Gardner Olds College Ron Reid
Jamie MacRae University of Calgary Robert Schulz
Wade McLeod Olds College Tara Lloyd
Philip Schnell University of Calgary Robert Schulz
Ryan Staples Olds College Tara Lloyd
Guido Struyk University of Calgary Robert Schulz
Cam Yamada University of Calgary Robert Schulz
Associate to Active Membership
Dennis Chase Meota Resources Corp. Jake Lepp
Bruce McFarlane
Don Mundie
THE PROSPECTEXCHANGETHE PROSPECTEXCHANGEThe final countdown is on! As of this printing, all exhibitor booths in
the main exhibit hall at the Telus Convention Centre have been filled,
and over 1000 viewers have registered to attend this year’s Prospect
Exchange on April 27 and 28, 2000. Representatives from most of the
provincial governments will be in attendance, including the Yukon
Territories, as well as the Canada-Nova Scotia Offshore Petroleum Board,
a cross-section of U.S. companies and representation from New Zealand.
This year, more than ever, companies are looking for new opportuni-
ties to invest in, as commodity prices soar and supply and demand
scenarios encourage increased exploration activity. The Prospect
Exchange venue brings together a wide assortment of interesting
opportunities with knowledgeable and motivated deal-makers. This
year, viewers and exhibitors alike will be able to access the services
of IndigoPool.com. who are creating on-line deal rooms for the
prospects being shown (see article on the following page).
Anticipation is high as attendees get ready for this year’s event. The
Prospect Exchange will kick off with an Exhibitor’s reception at the
Convention Centre on Wednesday evening. Thursday morning at 7:30
a.m. attendees are invited to a delegates breakfast, so stay tuned as
details are being finalized.
So, what are you doing on April 27 and 28? We hope to see you
down at the Convention Centre, ready to participate, network and
invest in CAPL’s premier business forum of the year! For viewer or
exhibitor registration, call the CAPL office at 237-6635 or visit our
website at www.landman.ca/pex. See you there!
Lynn Lehr, P.Land
Public Relations
The Prospect Exchange
The Prospect Exchange and Schlumberger bring e-business to CAPL
Do you wish the whole world could take a look at properties you
want to divest? Are you tired of the 80/20 rule, that sees you
spending 80 per cent of your time data-hunting and only 20 per
cent on strategic analysis? Wouldn’t it be great to just launch a
Web browser, from any PC, whenever you want to see if new
prospects have come up worldwide that might fit your portfolio –
and you could run your data quickly and securely on the Web?
Imagine executing swaps, farmins, farmouts, pooling and participa-
tion at your desktop.
These possibilities are now realities, made available recently to the
oil and gas industry through the latest advances in Internet tech-
nology. The Prospect Exchange (April 27 and 28 in Calgary) has
partnered with IndigoPool.com, a new Schlumberger e-business
portal, to demonstrate these capabilities and provide online data
access to Exhibitor prospects.
The big business of e-business
E-business has already been a buzzword for two or three years in
the energy industry. However, until recently, the business was
restricted to equipment procurement, material auctions, services
listings, static property postings, and/or regional limitations. These
early innovative uses of the Web did help to lower a number of
process and transaction costs for some oil and gas companies.
However, the potential for Web-related cost savings in industry
sector applications including global A&D is much more significant
than these early scenarios. As reported in the March 3, 2000
Goldman Sachs Report, e-Oils, Improving Returns in an Internet
World, “[i]n 1998, some US$6 billion of properties valued at under
$100 million were sold in the U.S. [alone]. Expanding the market to
include properties valued at US$500 million or less increases the
market size to US$15 billion.” Also, global mergers in recent years
are expected to increase the size of this A&D market as the new
e-E&PIS HEREe-E&P
IS HERE
giants seek to optimize their merged portfolios. Yet, the global prop-
erty acquisition and divestiture process has remained predominantly
paper-based, regionalized, at times cost-prohibitive, and travel-
intensive. Until now.
One of the principal technology advances that has now made global
e-business possible for the upstream industry has been the ability to
rapidly serve industry-standard software worldwide, over the Web to
a user’s PC, without downloading the application to the user’s hard
drive. In other words, simply looking at prospect’s data was not
enough, the user had to be able to analyse the full property infor-
mation, compare it to other properties, and run scenarios meaningful
to his or her business.
Today’s Application Service Provider (ASP) software solutions now
allow the user to do their work and analysis over the Web with the
full-featured software tools they already know how to use. For exam-
ple, Schlumberger’s IndigoPool.com will initially serve up Merak
PetroDesk Online™ and Merak Peep Online® on the portal for data
visualization and economic analysis. Schlumberger’s GeoQuest divi-
sion will offer up popular GeoQuest data management and
interpretation tools such as Finder* and Eclipse* Online. GeoQuest’s
ten Data Management Centres around the world will serve as regional
points of presence to IndigoPool.com users, offering a range of prop-
erty and data marketing services, and global information
management services including: gathering and loading data; hosting
ASP tools; packaging assets for portfolio rationalization; developing
N Pa g e 2 6APR. 2000
virtual data books; preparing online virtual
data rooms; and hosting high-bandwidth
virtual interpretation centres.
Benefits both the evaluator and seller
While the ability to complete an initial
online evaluation of a single property or
block offers efficiencies, cost savings and
reduced airport time to users, it also
provides the user with the opportunity to
assemble better oil and gas portfolios.
“As a buyer, the ability to conduct due dili-
gence over the Internet allows the
evaluation of a much larger number of
potential properties than traditional methods
of property evaluation. This of course will be
especially true for smaller property packages.
… The significant amount of paperwork
involved in data rooms and traditional means
of selling properties should be greatly
reduced, making both listing (for seller) and
evaluation (for buyer) easier. The logistical
nightmare of traditional property evaluation
should also be lowered meaningfully ….” (Goldman Sachs Report,
e-Oils, Improving Returns in an Internet World, March 3, 2000.)
With the limitations of a paper-based global industry removed, the
entire market potential will expand for many players in the industry.
Properties currently mothballed will be “affordable” to sell (and buy)
through this new, more efficient global marketing channel. The buyers
and sellers of data and services will also benefit as the Web will
provide them with a new channel to market, global market coverage,
and secure data transactions and distribution – resulting in significant
cost-savings to both parties.
It is clear that the introduction of global e-business capabilities repre-
sents a step-change from many of the traditional paper-based, and
logistically demanding, evaluation and transaction processes of the
upstream oil and gas industry. Oil and gas companies, regulatory
agencies, and brokers will be able to market their international prop-
erties online to a worldwide audience. They will also have secure
access to commercial and proprietary data sets, scaleable marketing
services, industry-standard software tools, and virtual interpretation
centers. Paper data rooms and constant travel, once necessities in the
world of oil and gas asset trading, will be greatly reduced or, for some
businesses, virtually eliminated.
A pre-show introduction to IndigoPool.com will take place for The
Prospect Exchange Exhibitors on April 10th. For more information,
please contact CAPL.
S. McIntyre
Manager, Marketing Communications,
IndigoPool.com
Users of e-A&D sites such as IndigoPool.com can expect reduced cycle time forasset disposal, improved asset value from portfolio packaging and analysis, withimmediate access to a larger customer base. It is anticipated that bringing webtechnology to this sector of the oil and gas industry will significantly expand theasset trading market and help users market their properties more efficiently,while saving them millions of dollars each year.
N Pa g e 2 7mar. 2000
THE PROSPECT EXCHANGE
TELUS CONVENTION CENTRE CALGARY, ALBERTA APRIL 27 & 28, 2000
Don’t miss the opportunity to attend one of the most exciting Industry events of the year! With an anticipated 150 Exhibitorsand an expected attendance of over 2,000, you’ll want to be sure that your company is represented at this premier event!
Prospect Exchange Highlights:• Canadian and U.S. Prospects • International Opportunities• Acquisition and Divestiture Properties • Pre-event on-line access• Large networking forum • Host Government presentations
“Ongoing discussions with Chevron accelerated as a result of properties being shown at The Prospect Exchange, result-ing in a large exploration Farm-in and Joint Venture valued at greater than $100 million Canadian.”
Rob Jefferies Poco Petroleums Ltd. Senior Landman
"As an Exhibitor at the 1999 Prospect Exchange, our company realized over $20MM worth of farmout and divestment offers.We were delighted The Prospect Exchange exceeded our expectations, and look forward to participating and seeing strong
industry participation again next year."Ray Heptonstall Crestar Energy Inc. Director Land
Exhibitor Fee:Up to January 31, 2000: Booth prices ranging from $1,000 - $1,500
Effective February 1, 2000: Booth prices ranging from $1,250 - $1,800
Viewer Fee:Up to January 31, 2000: $80.25 (Canadian funds, including GST)
Effective February 1, 2000: $133.75 (Canadian funds, including GST)
For more information or registration forms, please contact:
THE CANADIAN ASSOCIATION OF PETROLEUM LANDMEN2800, 500 – 4th Avenue S.W. Calgary, Alberta, Canada T2P 2V6
Phone: (403) 237-6635 Fax: (403) 263-1620 Website: http://www.landman.ca/pex
Where Oil and Gas Explorersof the World Meet
N Pa g e 2 8APR. 2000
AprilSunday Monday Tuesday Wednesday Thursday Friday Saturday
MaySunday Monday Tuesday Wednesday Thursday Friday Saturday
NegotiatorDeadline
President’sSpring
Ball
BoardMeeting
Gregg Scott, President900, 202-6th Avenue SWCalgary, Alberta T2P 2R9Telephone: 403-261-1000Fax: 403-263-5263ow is the time to selectively lease or option freehold land in your prospect areas.
Over one-third of all freehold leases expire within the next year. Choose Scott Land &Lease to cost-effectively option or lease your priority lands now before competition andprices heat up. Our freehold leasing experts are based in all the right locations.For more information call 261-1000 or visit us at www.scottland.ca.
EdmontonTelephone: (780) 428-2212Facsimile: (780) 425-5263
ReginaTelephone: (306) 359-9000Facsimile: (306) 359-9015
LloydminsterTelephone: (780) 875-7201Facsimile: (780) 808-5263
Grande Prair ieTelephone: (780) 513-8540Facsimile: (780) 513-8541
Brandon Telephone: (204) 727-1511Facsimile: (204) 728-1622
NL e a s e O u r E x p e r i e n c e !
G.M. &Election Night
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President’sSpring Ball
ProspectExchange
Oil and GasLaw
Cross CulturalRelations
Offshore Oil &Gas – East Coast
Creative NegotiatingDrilling & Production Operations
Well LogAnalysis
AdvancedSurface Rights
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NegotiatorDeadline
Introductionto PetroleumLand Admin.
Board Meeting
Guide toTitle Review
GasMarketing
Calendar of Events
Blank Pagedo not print
The largest leaseholders in Canada use LANDMAN.
Calgary (403) 218-8300 Dallas (972) 788-0400 Houston (281) 807-9150 www.atsi.com
How do you keep yourfeet on the ground?
LANDMAN is the most comprehensive land management system in the busi-ness. Fully integrated with ATS’ enterprise accounting solutions, Canada’s
most popular land management system can be accessed by anyone in yourcompany who requires information regarding your lands and their associated
mineral and surface leases, contracts, wells, units, and facilities.
Land managers and administrators, geologists and accounting departmentswill all find that LANDMAN is a significant asset in managing the properties
that form the core of their business. LANDMAN can be linked to a host ofother geotechnical applications- accessing information can be
as simple as the click of a mouse.
Stay tuned for ATS’ new application service provider (ASP) delivery vehicle. The Internet continues to change the way you do business. ATS is commit-
ted to position our customers to take advantage of the e-Business evolution.
Applied Terravision provides a comprehensive suite of software solutionsthat include Geoscience Applications, Production Management, Land &
Facilities Management, Financial Accounting, and Oil and Gas Marketing.
