100 Years of Science
Fueling 100 Years of Prosperity

Speaker: Richard Stoneburner, Managing Director of Pine Brook Partners

Since around 2006 the exploration, appraisal and development of shale reservoirs in the Lower 48 has seen a dramatic escalation, first starting with the gas productive shale reservoirs then followed by those that are liquid productive. The result has been a total renaissance for the domestic E & P industry.

Each of the plays, which total approximately fourteen that have seen substantial development, underwent an evolutionary cycle that was driven by the roles of the various functions that contribute to the success of any given play: land, geologic, drilling, completion and production. As each play progresses through the evolutionary cycle, the role of each function changes accordingly.

Even though all of the plays have certain common characteristics, I will attempt to point out something uniquely different about each of the fourteen plays that might aid in a better understanding of plays yet to be discovered.

Stoneburner is currently a Managing Director for Pine Brook Partners, a private equity firm focusing on investments in the energy sector.

Stoneburner has over 35 years’ experience in upstream oil and gas exploration and production. He is a former co-founder, President and Chief Operating Officer of Petrohawk Energy Corporation and President – North America Shale Production Division for BHP Billiton Petroleum from. Prior to co-founding Petrohawk in 2003, Stoneburner was Vice President Exploration for 3TEC Energy Corporation and worked for several E&P companies, including Hugoton Energy Corporation, Stoneburner Exploration Inc., Weber Energy and Texas Oil & Gas.

Richard has a Bachelor of Geological Sciences from the University of Texas at Austin, a Master’s of Geology from Wichita State University, was a member of the AAPG’s Distinguished Lecturer Series and was awarded the Norman Foster Outstanding Explorer of the Year award by the AAPG in 2016. Stoneburner also serves on the Advisory Council of The Jackson School of Geosciences, the Visiting Committee of the Bureau of Economic Geology and on the board of Memorial Assistance Ministries.

The AAPG Foundation’s Teacher of the Year Award will be presented during the All-Convention Luncheon. The annual Teacher of the Year award of $6,000 is given to a K-12 teacher for excellence in the teaching of natural resources in the earth sciences. The award includes $3,000 to the recipient’s school and $3,000 for the recipient’s personal use. In addition, the recipient receives an expense-paid trip to the Annual Convention and Exhibition (ACE) to receive the award. Nominations for the award are submitted by the AAPG sections and the winner is chosen by AAPG Foundation’s Teacher of the Year Judges. Each section winner receives a $500 cash award.

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Speaker: Richard Stoneburner, Managing Director of Pine Brook Partners

Since around 2006 the exploration, appraisal and development of shale reservoirs in the Lower 48 has seen a dramatic escalation, first starting with the gas productive shale reservoirs then followed by those that are liquid productive. The result has been a total renaissance for the domestic E & P industry.

Each of the plays, which total approximately fourteen that have seen substantial development, underwent an evolutionary cycle that was driven by the roles of the various functions that contribute to the success of any given play: land, geologic, drilling, completion and production. As each play progresses through the evolutionary cycle, the role of each function changes accordingly.

Even though all of the plays have certain common characteristics, I will attempt to point out something uniquely different about each of the fourteen plays that might aid in a better understanding of plays yet to be discovered.

Stoneburner is currently a Managing Director for Pine Brook Partners, a private equity firm focusing on investments in the energy sector.

Stoneburner has over 35 years’ experience in upstream oil and gas exploration and production. He is a former co-founder, President and Chief Operating Officer of Petrohawk Energy Corporation and President – North America Shale Production Division for BHP Billiton Petroleum from. Prior to co-founding Petrohawk in 2003, Stoneburner was Vice President Exploration for 3TEC Energy Corporation and worked for several E&P companies, including Hugoton Energy Corporation, Stoneburner Exploration Inc., Weber Energy and Texas Oil & Gas.

Richard has a Bachelor of Geological Sciences from the University of Texas at Austin, a Master’s of Geology from Wichita State University, was a member of the AAPG’s Distinguished Lecturer Series and was awarded the Norman Foster Outstanding Explorer of the Year award by the AAPG in 2016. Stoneburner also serves on the Advisory Council of The Jackson School of Geosciences, the Visiting Committee of the Bureau of Economic Geology and on the board of Memorial Assistance Ministries.

The AAPG Foundation’s Teacher of the Year Award will be presented during the All-Convention Luncheon. The annual Teacher of the Year award of $6,000 is given to a K-12 teacher for excellence in the teaching of natural resources in the earth sciences. The award includes $3,000 to the recipient’s school and $3,000 for the recipient’s personal use. In addition, the recipient receives an expense-paid trip to the Annual Convention and Exhibition (ACE) to receive the award. Nominations for the award are submitted by the AAPG sections and the winner is chosen by AAPG Foundation’s Teacher of the Year Judges. Each section winner receives a $500 cash award.

Panel_34766 Panel_34766 All-Convention Luncheon: The Evolution of the American Shale Plays: Where We Are and How We Got There Monday, 03 April, 2017 Monday, 03 April, 2017 11:30 AM 1:15 PM

Speaker: Bridget R. Scanlon, Bureau of Economic Geology, Jackson School of Geosciences, University of Texas at Austin

Bridget Scanlon is a Senior Research Scientistat the Bureau of Economic Geology, Jackson School of Geosciences, University of Texas atAustin. Her degrees are in Geology with a focuson hydrogeology with a B.A. Mod. from Trinity College, Dublin (1980); M.Sc. from the University of Alabama (1983) and Ph.D. from the University of Kentucky (1985). She has worked at the University of Texas since 1987. Her current research focuses on the interdependence of water and energy, focusing on water quantity aspects. Her group evaluated water use for hydraulic fracturing for shale oil and gas extraction relative to water use in electricity generation. Their recent work focuses on oil plays in semiarid regions where water scarcity is a concern. She also works on broader issues related to water resources within the context of climate extremes using ground-based and satellite data. With increasing unconventional oil and gas production, accounting for about 50% of total U.S. production, it is important to understand various water risks related to sourcing of water to implement hydraulic fracturing and disposal of produced water that is generated with oil and gas production.

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Speaker: Bridget R. Scanlon, Bureau of Economic Geology, Jackson School of Geosciences, University of Texas at Austin

Bridget Scanlon is a Senior Research Scientistat the Bureau of Economic Geology, Jackson School of Geosciences, University of Texas atAustin. Her degrees are in Geology with a focuson hydrogeology with a B.A. Mod. from Trinity College, Dublin (1980); M.Sc. from the University of Alabama (1983) and Ph.D. from the University of Kentucky (1985). She has worked at the University of Texas since 1987. Her current research focuses on the interdependence of water and energy, focusing on water quantity aspects. Her group evaluated water use for hydraulic fracturing for shale oil and gas extraction relative to water use in electricity generation. Their recent work focuses on oil plays in semiarid regions where water scarcity is a concern. She also works on broader issues related to water resources within the context of climate extremes using ground-based and satellite data. With increasing unconventional oil and gas production, accounting for about 50% of total U.S. production, it is important to understand various water risks related to sourcing of water to implement hydraulic fracturing and disposal of produced water that is generated with oil and gas production.

Panel_35193 Panel_35193 Division of Environmental Geosciences (DEG) and Energy Minerals Division (EMD) Luncheon Wednesday, 05 April, 2017 Wednesday, 05 April, 2017 11:30 AM 1:00 PM

Speaker: Wallace Pratt*, Founding member of AAPG and Visionary Geoscientist

DPA is pleased to present a very special luncheon for this year’s convention in honor of AAPG’s 100th anniversary celebration, featuring founding AAPG member Wallace Pratt – legendary geologist, businessman, humanist and philosopher - as our esteemed speaker. Wallace will draw upon his rich breadth, wisdom and experience to relate the Heritage of the Petroleum Geologist across the generations, with the aim to inspire today’s geoscientists to continue to “find oil in their minds” and follow their instincts to raise the profession of geology “not only as a means of livelihood, but as a way of life.” This luncheon is a sequel to the 2002 “Heritage of the Petroleum Geologist” luncheon, which honored 43 pioneering and notable geologists who served as table hosts. This 2017 offering will follow suit, honoring 58 accomplished and distinguished geologists, bringing the total of recognized honorees to 101; 100 to celebrate AAPG’s centennial, plus 1 additional individual to symbolize the passing of our deep heritage to the next generation of energy-finders. Attendees will converse and dine with our honorees and will also receive a print edition of our 2017 honorees’ experience – including successes, disappointments, anecdotes and advice.

Actor portrayal*

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Speaker: Wallace Pratt*, Founding member of AAPG and Visionary Geoscientist

DPA is pleased to present a very special luncheon for this year’s convention in honor of AAPG’s 100th anniversary celebration, featuring founding AAPG member Wallace Pratt – legendary geologist, businessman, humanist and philosopher - as our esteemed speaker. Wallace will draw upon his rich breadth, wisdom and experience to relate the Heritage of the Petroleum Geologist across the generations, with the aim to inspire today’s geoscientists to continue to “find oil in their minds” and follow their instincts to raise the profession of geology “not only as a means of livelihood, but as a way of life.” This luncheon is a sequel to the 2002 “Heritage of the Petroleum Geologist” luncheon, which honored 43 pioneering and notable geologists who served as table hosts. This 2017 offering will follow suit, honoring 58 accomplished and distinguished geologists, bringing the total of recognized honorees to 101; 100 to celebrate AAPG’s centennial, plus 1 additional individual to symbolize the passing of our deep heritage to the next generation of energy-finders. Attendees will converse and dine with our honorees and will also receive a print edition of our 2017 honorees’ experience – including successes, disappointments, anecdotes and advice.

Actor portrayal*

Panel_36643 Panel_36643 Division of Professional Affairs (DPA) Luncheon: Toward a Philosophy of Oil Finding: Then, Now, Tomorrow! Wallace Pratt, Founding member of AAPG and Visionary Geoscientist, retired Humble Oil Co (Exxon) Tuesday, 04 April, 2017 Tuesday, 04 April, 2017 11:30 AM 1:00 PM

Speaker: John W. Snedden, Senior Research Scientist, is Director of the Gulf Basin Depositional Synthesis Project at the Institute for Geophysics, University of Texas at Austin.

He received his B.A. from Trinity University (San Antonio), his M. S. at Texas A&M University (College Station), and Ph.D. from Louisiana State University (Baton Rouge). With multiple domestic and international assignments, he worked for Mobil and ExxonMobil for over 25 years in research, exploration, development, and production prior to joining UT.

John has served SEPM, AAPG and Gulf Coast Section of SEPM in too many capacities to list all of them but they include: SEPM Vice-Chair for ACE (2006); ACE Technical Program Chair (1997); Co-editor of SEPM Special Publication; SEPM Secretary-Treasurer (2009-2011), President of GCSSEPM (2008) and co-technical chair of the 2016 GCSSEPM Perkins-Rosen Conference, among others. He was awarded the SEPM Service Award in 2013.

The Gulf of Mexico is one of the most prolific hydrocarbon-producing basins in the world, with an estimated endowment (discovered and expected future finds) of over 152 BBOE and a 2017 projected oil production of 1.8 million barrels per day. As such, over half a million wells have drilled in the greater Gulf Basin, including onshore areas of the US, Mexico and Cuba. Virtually the entire northern Gulf is covered by 2D and 3D seismic surveys and in many areas, new wide-azimuth reflection surveys have been shot over the allochtonous salt canopy. With Mexico recently opening up to international exploration, a large number of new surveys are being acquired, including multi-beam bathymetry and backscatter, used for targeting natural oil and gas seeps. Real-time monitoring of sedimentary processes related to coastal erosion and deltaic sediment input to the basin is ongoing.

In spite of the vast amount of modern and subsurface data, NSF and other scientific agencies have not funded a large number of scientific studies in the Gulf of Mexico Basin, focusing efforts elsewhere in the world. Yet, significant questions about the origin and evolution of the basin remain unanswered; important problems that require broad, fundamental research.

In particular, there are three pivotal episodes in the basin history that are critical to both our understanding of basin evolution as well as its current and future prospectivity: 1) the origin of the Louann Salt sometime in the Middle Jurassic; the Cretaceous-Paleogene (KPg) Boundary; and the Paleocene-Eocene Thermal Maximum (PETM).

Recent progress toward estimating the age and genesis of the Louann salt has been made using a variety of approaches including seismic mapping of the coeval anhydrite interval that be traced back to the basin entry point for Tethyan sea water. Contrasting hypotheses for a Pacific basin entry of marine water are also being considered. The Louann salt is, of course, important as it forms hydrocarbon traps, seals, and mitigates heat flow that delays source rock maturation until after trap formation.

The KPg boundary seismic reflection is an excellent correlation surface in the deep-water areas of both the US and Mexico, defining the base of the important Paleogene Wilcox reservoir. Building on earlier work that demonstrated its relationship to the Chicxulub impact event, interpretation of the sedimentological signature, areal extent, and the likely formative processes for the KPg in recently discovered and acquired cores further illuminate this critical point in Gulf Basin history.

Finally, the PETM is well documented globally in paleoclimate records and has been penetrated in a large number of deep-water wells that target the Middle Wilcox reservoir. It has been suggested that a major drawdown of the basin, canyon formation, and mass transfer of sediment into the basin was coincident with this event and the tectonic closure of the Florida straits. While we respectfully disagree with this model, it is useful to review the sedimentary archive of deep-water well penetrations during this pivotal moment in the Gulf of Mexico Basin history.

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Speaker: John W. Snedden, Senior Research Scientist, is Director of the Gulf Basin Depositional Synthesis Project at the Institute for Geophysics, University of Texas at Austin.

He received his B.A. from Trinity University (San Antonio), his M. S. at Texas A&M University (College Station), and Ph.D. from Louisiana State University (Baton Rouge). With multiple domestic and international assignments, he worked for Mobil and ExxonMobil for over 25 years in research, exploration, development, and production prior to joining UT.

John has served SEPM, AAPG and Gulf Coast Section of SEPM in too many capacities to list all of them but they include: SEPM Vice-Chair for ACE (2006); ACE Technical Program Chair (1997); Co-editor of SEPM Special Publication; SEPM Secretary-Treasurer (2009-2011), President of GCSSEPM (2008) and co-technical chair of the 2016 GCSSEPM Perkins-Rosen Conference, among others. He was awarded the SEPM Service Award in 2013.

The Gulf of Mexico is one of the most prolific hydrocarbon-producing basins in the world, with an estimated endowment (discovered and expected future finds) of over 152 BBOE and a 2017 projected oil production of 1.8 million barrels per day. As such, over half a million wells have drilled in the greater Gulf Basin, including onshore areas of the US, Mexico and Cuba. Virtually the entire northern Gulf is covered by 2D and 3D seismic surveys and in many areas, new wide-azimuth reflection surveys have been shot over the allochtonous salt canopy. With Mexico recently opening up to international exploration, a large number of new surveys are being acquired, including multi-beam bathymetry and backscatter, used for targeting natural oil and gas seeps. Real-time monitoring of sedimentary processes related to coastal erosion and deltaic sediment input to the basin is ongoing.

In spite of the vast amount of modern and subsurface data, NSF and other scientific agencies have not funded a large number of scientific studies in the Gulf of Mexico Basin, focusing efforts elsewhere in the world. Yet, significant questions about the origin and evolution of the basin remain unanswered; important problems that require broad, fundamental research.

In particular, there are three pivotal episodes in the basin history that are critical to both our understanding of basin evolution as well as its current and future prospectivity: 1) the origin of the Louann Salt sometime in the Middle Jurassic; the Cretaceous-Paleogene (KPg) Boundary; and the Paleocene-Eocene Thermal Maximum (PETM).

Recent progress toward estimating the age and genesis of the Louann salt has been made using a variety of approaches including seismic mapping of the coeval anhydrite interval that be traced back to the basin entry point for Tethyan sea water. Contrasting hypotheses for a Pacific basin entry of marine water are also being considered. The Louann salt is, of course, important as it forms hydrocarbon traps, seals, and mitigates heat flow that delays source rock maturation until after trap formation.

The KPg boundary seismic reflection is an excellent correlation surface in the deep-water areas of both the US and Mexico, defining the base of the important Paleogene Wilcox reservoir. Building on earlier work that demonstrated its relationship to the Chicxulub impact event, interpretation of the sedimentological signature, areal extent, and the likely formative processes for the KPg in recently discovered and acquired cores further illuminate this critical point in Gulf Basin history.

Finally, the PETM is well documented globally in paleoclimate records and has been penetrated in a large number of deep-water wells that target the Middle Wilcox reservoir. It has been suggested that a major drawdown of the basin, canyon formation, and mass transfer of sediment into the basin was coincident with this event and the tectonic closure of the Florida straits. While we respectfully disagree with this model, it is useful to review the sedimentary archive of deep-water well penetrations during this pivotal moment in the Gulf of Mexico Basin history.

Panel_37481 Panel_37481 SEPM Business Meeting Luncheon: Can We Do Big Science in a Petroleum-Rich Basin? The Robust Sedimentary Archive of the Deep Gulf of Mexico Basin Tuesday, 04 April, 2017 Tuesday, 04 April, 2017 12:00 PM 1:00 PM

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