A message from the President
First let me wish you all a very happy New Year. And what a difference a year makes! This time last year I started my president’s message by pointing out that, as I wrote that piece, oil prices topped $100/bbl, an all-time record level in money of the day and took this a positive indication of the level of health of our industry at that point in time, along with high drilling activity levels. Of course prices in 2008 did not end there but topped out at over $140/bbl mid year, before falling spectacularly to where they are now at somewhere just shy of the $50 mark. The oil industry has not been immune to worldwide economic events in recent months and we find ourselves on a very different playing field than we faced a few months ago.
Thankfully activity levels seem to remain fairly high, though I’m sure E&P budgets are being scrutinised in great detail by all oil companies going forward into 2009. Therefore I sincerely hope that you will find time out of what I hope will be your busy 2009 schedules to come along to LPS meetings, seminars and other functions as they occur throughout the year. It is only via the support of the membership that this society can exist over the longer term. That support can stem from simply attending a function, or even by contributing a presentation to an evening meeting, seminar or open day. It could even come from disseminating news on the LPS through your own organisations and perhaps bring new members to the society. We are a small petro-technical community here in the Southeast, spread wide over a large area nowadays, but I’m sure we can retain the critical mass we need to survive and flourish with your support. Please have a think about what you can offer to the society and in January please try and attend at least one of these events:
Our traditional half-day New Technology Seminar on the 19th January at the Geological Society; where the service companies will enlighten us with their latest tool or software developments. There you can spy on their petrophysical secrets at no cost to yourself, for as ever the seminar is free-of-charge.
The LPS Petrophysics Open Day at Imperial College on the 28th January. I have information that support from sponsor companies has matched that given in previous years and I’m sure this will be a very worthwhile event, for it is our showcase on the world of Petrophysics to the next generation of subsurface professionals, as G&G and engineering students from all over the UK will be in attendance.
Of course if you are a full member of the LPS your task will be greatly facilitated. Victoria Baines, our new VP Membership will be distributing 2009 LPS Membership forms via E-Mail and you will also find one attached to this Newsletter mail-out. Why not fill out the form and bring it along with you to the New Technology Seminar?
It only remains for me to thank you for your attention and support to date. I wish to make 2009 a great year for the LPS and these events will get us off to a fantastic start. As such I’d like to thanks those responsible for their organisation, particularly my fellow board members, who are working hard to turn that wish into a reality for all of us.
Jonathan Lean LPS President
A message from the President
Thanks to Kirill Shmyglia, our own VP Technology, for giving the July evening meeting presentation on Exxon Mobil’s approach to thin bed Petrophysical evaluation on the 21st. It was well attended and several technical disciplines were represented in the audience. It was also good to see a number of younger faces in the audience as we had several recently qualified engineers and geologists present. I hope we can continue to attract these new faces to the LPS.
With summer holidays now over the LPS Committee are looking forward to the rest of the year and beyond. A number of interesting evening meetings and topical seminars are in the pipeline and we will be giving you more details on these in the next few months as arrangements are finalised.
Looking ahead in particular to the AGM in November, some positions on the committee may be up for election. Please give consideration as to whether you, or one of your colleagues would like to stand for election. The roles require varied amounts of time commitment and hence hopefully we could find something to fit with your ‘real job’. Please free to contact Patrick Crossouard or any member of the committee if you have any questions or suggestions.
Recently the committee was asked to supply a quarterly summary of activities and highlights to our parent organisation, the SPWLA, for possible inclusion in the Petrophysics journal. This was a great opportunity to look back and see what we have achieved. I was particularly pleased at the following:
At present our membership continues to grow and now stands at 169 members, including 47 New Members, 15 Honorary Members and 15 Students, an increase on 2007.
The Academic grants and bursary scheme has been promoted in recent months including a link on the LPS / Dialog website. We have three students applying for grants at the moment and we will assess these candidates at the next LPS meeting.
Our sponsorship has increased. Currently our generous sponsors are RWE, Halliburton, Schlumberger, Weatherford, BG, Tullow, ResLab, ExxonMobil, BP, Hess, Senergy, Centrica, Fugro Jason and Perenco. The good sponsorship and high membership have meant that the accounts are in good shape going into the last quarter of the year.
So once again I thank the committee and all of you for your support to these LPS activities.
Jonathan Lean LPS President
LPS Committee 2008-2009
Dear LPS members,
The society through its elected committee represents your wishes and it can only strive through your commitment.
On the 17th of November we hold the AGM and some positions on the committee will be up for election.
Please give consideration as to whether you or one of your colleagues would like to stand for election. The roles require varied amounts of time commitment and hence hopefully we could find something to fit with your ‘real job’.
The Past President, an ex-officio member of the Executive Committee, shall be responsible for soliciting nominations for the Executive Committee, for arranging ballots where necessary, for proposing awards, and for practical aspects of changes in bye-laws and policy. Any genuine LPS member is welcome to run for a post on the committee.
Please free to contact Patrick Crossouard or any member of the committee if you have any questions or suggestions.
LPS Past President