 |
|||||||||||||
|
2003 Annual Report Back to Menu PDF (484 KB) 2004 05 12 HM |
||||||||||||
 |
22 BP Canada Energy Company Burlington Resources Canada Energy Ltd. ChevronTexaco ConocoPhillips Canada Deer Creek Energy Limited Devon Energy Corporation Dominion Exploration Canada Ltd. EnCana Corporation EnerMark Inc. Husky Energy Inc. Imperial Oil Limited Krang Energy Inc. MGV Energy Inc. Nexen Inc. Penn West Petroleum Ltd. Petro-Canada Resources Pioneer Natural Resources Canada Inc. PrimeWest Energy Inc. Shell Canada Resources Ltd. Suncor Inc. – Resources Group Talisman Energy Inc. Trident Exploration Corporation 116 Acres Parsons E&C Ltd. Advanced Geotechnology Inc. AGAT Laboratories Ltd. – Hydrocarbon Division Air Liquide Canada Inc. Alberta Collision Avoidance Alfa Laval - Process Technology Oilfield Market Unit Alpine Environmental Ltd. ALS Environmental AMEC Earth & Environmental Amtech Aeronautical Limited APA Petroleum Engineering Inc. ARC Inc. Arkril Enterprises Ashton Jenkins Mann Petroleum Consultants Boreal Laser Inc. Brenntag Stinnes Logistics Brine-Add Fluids Ltd. Burnet, Duckworth & Palmer – Energy Business Unit Canada Tech Corp. Cantox Environmental Inc. CDK Services Ltd. Chinook Engineering Clearstone Engineering Ltd. Computer Modelling Group Ltd. Corac Group plc Corion Diamond Products Crimtech Services Ltd. Daily Oil Bulletin Daniel Industries Canada Deep Blue Associates Inc. DHV Canada Inc. Digital Oilfield Inc. electroBusiness.com Enerflex Systems Ltd. - Mactronic Energy Navigator Inc. Envirodrive Inc. Envirosoft Products Inc. Extreme Telematics Corp. Ferus Gas Industries Fujitsu Consulting – Prairies South G Tech Earth Sciences Corp G-Chem Environmental Ltd. Gas Liquids Engineering Ltd. geoLOGIC Systems Ltd. GLR Solutions Ltd. Gowling Lafleur Henderson LLP (Intellectual
Property Development) Hazco Environmental Services HydroQual Laboratories Ltd. IBM Canada Ltd. Industrial Catalytic Technologies Inc. Inno-centre Alberta Innovative Chemical Technologies Canada Ltd. John Zink Canada Katch Kan Limited Keystone Environmental Ltd. Komex International Ltd. KPMG High Technology Practice Group Kudu Industries Lightyear Technologies Inc. Luscar Ltd. Macleod Dixon (Technology Enterprise Group) Malibu Engineering and Software Ltd. Matrikon Inc. Matrix Solutions Inc. Meridian Environmental Inc. Millennium EMS Solutions Ltd. MJ Blair Corporation Morrow Environmental Consultants Inc. mye-Energy Inc. National Silicates – Drilling Fluids Group Newalta New Paradigm Engineering Ltd. New Paradigm Gas Processing Ltd. Newpark Environmental Norwest Corporation Norwest Labs Oasis Emission Consultants Inc. Omnicon Consultants Inc. OptiMax Energy Solutions Inc. P.K. Services International Pandell Technology Corporation Pason Systems Inc. Photon Control Inc. Plains Marketing Canada, L.P. PricewaterhouseCoopers LLP Technology (TICE) Practice Pro-EnviroCore Consulting Inc. ProTechnics Q’Max Solutions Inc. Quorum Business Solutions Inc. Rakhit Petroleum Consulting Ltd. Rapid Technology Corporation Reconnaissance Energy REM Technology Inc. Rigstar Communications Inc. Rockwell Automation – Calgary Oil and Gas Branch Ruud Enterprises Ltd. SAIC Canada Schlumberger of Canada Sierra Systems Sirius Products Inc. Soltrus Inc. Tansley Associates Environmental Sciences The Moorhead Group LLC Total Combustion Inc. Tree Savers International Trican Well Service Ltd. UNICO Inc. Unotec – Unique Oilfield Technology Services VECO Canada Ltd. – Alliance Group Vikor Energy Inc. WNS Emergent Inc. Materials Management Products Group Wellspring Production Services Winterhawk Marketing Services Inc. XERGY Processing Inc. zed.i solutions – Marketing and Sales Dept. 14 Birnie, David Boreta, John Carleton, Mike Collins, Patrick Durand, Alain Hoopfer, Dwayne Kenny, James Maier, Len McBane, Duncan McCann, Tom Putt, Ken Todd, Murray Towson, D.E. Weir, Robert 7
Alberta Research Council Alberta Sulphur Research Ltd. Gas Technology Institute Natural Resources Canada (CANMET) Petroleum Technology Research Centre (PTRC) Saskatchewan Research Council TIPM Laboratory (Perm Inc.) 6 Learning Institutions Mount Royal College, Institute of Applied Research and Innovation Southern Alberta Institute of Technology University of Alberta University of Calgary University of Northern British Columbia University of Regina, Faculty of Engineering 4 AERI Alberta Energy Research Institute Canada Customs and Revenue Agency Province of British Columbia Saskatchewan Energy and Mines Founding Supporter: Canadian Business Networks Coalition (CBNC)
|
|
2001 Key Accomplishments
Message from the Board of Directors PTAC is the leading organization that facilitates the development and transfer of petroleum technology in Canada. We facilitated 18 Technology Information Sessions, five technical lunches, eight workshops, four forums and four conferences in 2003. We are frequently approached by members and industry to facilitate new initiatives and events. In 2003, PTAC launched the Spudding Innovation project with funding provided by the Alberta Energy Research Institute (AERI), industry and Western Economic Diversification Canada (WD). The AERI Spudding Innovation project was initiated in 2003 to identify ways and means of spurring investment in research and technology in order to extend the recoverability of oil and gas in the Western Canada Sedimentary Basin (WCSB). A discussion paper, a literature review, two industry workshops, a web survey and a series of selected interviews were earlier tasks completed for this project. The results were compiled into the Spudding Innovation – Accelerating Technology Deployment in Natural Gas and Conventional Oil report, available on the PTAC web site at www.ptac.org/techinnp.html. The report states that all industry players –
producers, service companies, research providers and provincial and federal
governments – have roles to play to ultimately increase recoverable
reserves. Spudding Innovation makes the following recommendations: develop a
strategy with a compelling business case, create a technology roadmap,
change the way industry does research and technology development by
integrating and focusing research efforts and implementing a one-channel
funding initiative to save time, focus resources and ensure accountability.
Furthermore, the report recommends creating improved market incentives with
earnable, awardable royalty credits and revamped income tax credits to
encourage innovation. PTAC facilitated the launch of 21 projects or new project phases valued at $9.2M during 2003, bringing the total number of projects launched since inception in 1996 to 178 with a value of $105.5M. PTAC facilitated, and the Canadian Society for Unconventional Gas (CSUG) hosted, the world’s largest Unconventional Gas and Coalbed Methane Conference and Tradeshow in October 2003. Another conference held in fall 2003 was the two-day Green Toolbox Conference in September, followed by the first two-day CO2 from Industrial Sources to Commercial Enhanced Oil Recovery (EOR) Forum and Workshop in October. A CO2 Task Force will result from the CO2 EOR event. In conjunction with Natural Resources Canada (NRCan), PTAC continued to promote the Industrial Energy Audit Incentive for the upstream oil and gas industry in Western Canada. PTAC hosted its first Ecological Issues Forum and Workshop in October 2003, along with the annual Soil and Groundwater Forum in May and the Air Issues Technical Forum in November. The inaugural Energy Technology Capital Forum was held in November, which is set to become an annual event. In early November 2003, PTAC held the annual Wireless, Telecommunications and e-Business Conference. PTAC’s contact data base continued to grow to over 8,000 technical contacts from industry, government and academia. On behalf of the Board, we would like to express our appreciation to PTAC volunteers and staff for their outstanding contributions to our success.
Outlook Outlook for 2004 In 2004, PTAC will continue to work with industry and provincial and federal governments to implement the Spudding Innovation report recommendations. We will collaborate to build the business case and create technology roadmaps for both conventional oil and gas and unconventional gas to significantly increase the recoverable conventional oil and gas and unconventional gas reserves and production in Western Canada above that currently anticipated. PTAC will work with the newly formed TEREE Steering Committee to identify TEREE priorities and launch resulting technology projects in year two of this project. The Sixth Annual Unconventional Gas and Coalbed Methane Conference is slated for November 2004 in Calgary. This conference is hosted by CSUG and facilitated by PTAC to communicate and facilitate technology development with the goal of increased commercialization of unconventional gas technologies. PTAC will continue to facilitate CAPP’s Environmental Research Advisory Council (ERAC) process in 2004, including the ERAC funding, as we have since 2000. We expect to host a number of information sessions, workshops and technical meetings in the Environment technical area. Three forums will cover air, soil, water and ecological issues. PTAC will continue to receive financial support from NRCan for their Industrial Energy Audit Incentive program, with the focus shifting towards knowledge services and information sharing. A Drilling Innovators Advisory Group formed late in 2003 will continue to provide direction to PTAC including the Minimizing Drilling Peaks and Valleys Technology Forum and Poster Session scheduled for late May. PTAC will continue hosting Wireless, Telecommunication and e-Business events and working with the Producer Telecommunication Working Group. A Shallow Gas Production Technology Forum is planned for May 2004, an Energy Conservation Case Studies Forum is scheduled for mid-2004, and a second Energy Technology Capital Forum is planned for late fall 2004. PTAC has set a goal to facilitate the launch of 20 new projects with a value of $15 million, including joint projects with COURSE. In an ongoing effort to build our cash reserves to 50% of our annual operating budget, we are striving for a significant financial surplus. PTAC will continue to operate in an open and collaborative fashion to provide focus on issues which are relevant and of value to our members and the upstream petroleum industry. PTAC Establishes TEREE Project to Facilitate Technology for Emission Reduction and Eco-efficiency In 2003, PTAC proposed and received strong support to extend PTAC’s mandate to facilitate sustainable, eco-efficient and GHG-reducing technologies.With funding from Western Economic Diversification Canada, industry, two provincial governments in addition to the Alberta Energy Research Institute, PTAC established the Technology for Emission Reduction and Eco-efficiency (TEREE) project. The steering committee representing producers, government agencies and non-government organizations (NGOs) was formed to prioritize, evaluate and launch projects and technologies fitting this new mandate. This committee will oversee the three-year project to provide direction and facilitate the following objectives:
PTAC will continue to facilitate demonstration projects, working groups, Requests for Technology (RFTs), technology or innovation case studies, workshops, forums, conferences, and Technology Information Sessions to deliver subsequent results to industry. To complement these efforts, PTAC’s Knowledge Centre is expanding to include resources and services focusing on eco-efficient and GHG-reducing technologies. A background presentation for the TEREE project can be found at www.ptac.org/about/dl/mandate03.pdf. Board Rich Kerr,
Chairman, PTAC Eric Lloyd,
President, PTAC Denis Gaudet,
Director Technology Transfer, PTAC Ross Curtis Claude Durocher Eddy Isaacs Pam Lulman Brian Moreland Phillip Murray Bruce Peachey Ken Putt Laurie Schramm Glen Sheppard Earle Shirley Mike Singleton Derril Stephenson Bruce Stewart Bill Svrcek Murray Todd Don Towson Dean Wall Financials We have audited the statement of financial position of PTAC PETROLEUM TECHNOLOGY ALLIANCE CANADA as at DECEMBER 31, 2003 and the statements of operations, changes in net assets and cash flow for the year then ended. These financial statements are the responsibility of the organization's management. Our responsibility is to express an opinion on these financial statements based on our audit. We conducted our audit in accordance with Canadian generally accepted auditing standards. Those standards require that we plan and perform an audit to obtain reasonable assurance whether the financial statements are free of material misstatement. An audit includes examining, on a test basis, evidence supporting the amounts and disclosures in the financial statements. An audit also includes assessing the accounting principles used and significant estimates made by management, as well as evaluating the overall financial statement presentation. In common with many not-for-profit organizations, the Association derives revenue from events and other sources, the completeness of which is not susceptible to satisfactory audit verification. Accordingly, our verification of these revenues was limited to the amounts recorded in the records of the Association and we were not able to determine whether any adjustments might be necessary to revenue, excess of revenue over expenditures, assets and surplus. In our opinion, except for the effects of adjustments, if any, which might have determined to be necessary had we been able to satisfy ourselves concerning the completeness of the revenue referred to in the preceding paragraph, these financial statements present fairly, in all material respects, the financial position of the PTAC PETROLEUM TECHNOLOGY ALLIANCE CANADA as at DECEMBER 31, 2003 and the results of its operations and the changes in its net assets and cash flow for the year then ended in accordance with Canadian generally accepted accounting principles. Hamilton & Rosenthal 
Membership by Category At year-end 2003 PTAC had 173 members, distributed as shown in the graph below. PTAC members produce approximately 70% of Canadian conventional oil and gas. Visit www.ptac.org/mempro1.html for more information on PTAC members.
Project Expenditure by Technical Area since Inception PTAC has facilitated the launch of 178 projects valued at $105.5M since inception in 1996. PTAC facilitated the launch of 21 projects or new project phases valued at $9.2M in 2003.
Projects Launched R&D Projects Launched in 2002 PTAC facilitated the launch of 21 projects or new project phases valued at $9.2M during 2003. Driving Safety
e-Business
Emission Reduction / Eco-efficiency
Environment
Heavy Oil
Innovation
For further information, please refer to the 2003 newsletters or to the project index on PTAC’s web site at www.ptac.org/projects1.html Technical Areas PTAC’s technical committees help to identify opportunities for research and technology development; raise awareness of existing R&D; find solutions including soliciting proposals and launching new projects; and inform appropriate industry people of new R&D proposals. PTAC requires participation from senior technical people to identify important issues that require technology transfer or R&D. To obtain more information, please contact PTAC. PTAC now works in 21 technical areas and over 8,000 contacts in:
creating
value through innovation Surveys and Questionnaires PTAC conducted a web survey and two questionnaires in 2003 to seek industry feedback on various topics. The Spudding Innovation web survey (view results at www.ptac.org/techinnp.html) was part of a multi-faceted effort to gather feedback on the state of upstream oil and gas R&D and innovation. In October 2002, PTAC launched the delivery of Natural Resources Canada’s Industrial Energy Audit Incentive initiative in Western Canada. After promoting the incentive for 18 months, there was a need to determine how industry stakeholders perceived this initiative and how future efforts could be improved or redirected. A questionnaire was conducted in February 2004 to address issues relating to energy conservation in the Western Canadian oil and gas industry. The analysis of results from the questionnaire were released in April 2004 and are available at www.ptac.org/iei1.html. A Drilling Questionnaire distributed by the Drilling Innovators Advisory Group (DIAG) in December 2003 queried producers to identify the top three drilling technology challenges. The questionnaire results will provide direction on potential new drilling technology projects and related initiatives and will develop content direction for a 2004 Minimizing Drilling Peaks and Valleys Technology Forum. Information on this event is available at www.ptac.org/techdrlf.html. Forums, Workshops and Conferences A total of over 1400 participants attended 16 forums, workshops and conferences hosted by PTAC in 2003. This includes the Fifth Annual Unconventional Gas and Coalbed Methane Conference hosted by the Canadian Society for Unconventional Gas and facilitated by PTAC. PTAC forums focus on specific needs or technical areas. Information is shared on new technologies, case studies, and the objectives and results of current research. The following four forums were held in 2003: Soil and Groundwater; Air Issues; Ecological Issues; and Energy Technology Capital. PTAC conducts workshops to provide opportunities for people to clearly define R&D issues, to identify potential solutions and to select the best approach to move forward. Potential suppliers of R&D have the opportunity to hear firsthand about such issues and to contribute their expertise and ideas for solutions. PTAC hosts the workshops and provides the necessary facilitation, administrative support and coordination to launch projects. When required, PTAC widely distributes Request for Proposals (RFPs) with Expressions of Interest for each priority issue from workshops. Once those who will consider supporting the R&D have been identified, proposals are then solicited from potential suppliers. PTAC brings together the interested organizations in a structured way that leads to new R&D, while protecting proprietary interests. In 2003, PTAC sponsored eight workshops: Privacy; Thermal Heavy Oil Energy Reduction; Thermal Heavy Oil Energy Efficiency; AERI Spudding Innovation I and II; Oil and Methane Gas Vents (Saskatchewan, Edmonton and Calgary) and Late Stage Gas Reservoir Technology. Technology Information Sessions PTAC facilitates Technology Information Sessions for members to: solicit interest, feedback, participation or potential funding for new R&D projects; find industry partners to complete proposed R&D or technology development (such as field test or pilot sites) or to report on field test or pilot results; provide information on technology-related services; and market new technology to the Canadian oil and gas industry. PTAC fac-ilitated 32 Technology Information Sessions attended by over 1550 participants in 2002. CSUG Secretariat PTAC provides CSUG Canadian Society for Unconventional Gas with ongoing services as their secretariat. As part of this suite of services, PTAC coordinates regular CSUG board of directors and technical committee meetings, coordinates monthly technical lunches, various technical field trips and the annual Unconventional Gas Conference which attracted 460 participants in 2003. PTAC facilitated five technical lunches with almost 450 attendees in 2003. In addition, PTAC maintains and updates the CSUG web site, coordinates membership administration support, coordinates CSUG marketing and public relations activities and provides day-to-day financial function support to the CSUG Treasurer. Ongoing R&D Projects R&D projects facilitated by PTAC are listed on PTAC’s web site at www.ptac.org/projects1.html. This list contains the project title, name of organization performing the project, contact information and a link to the member’s email and/or web site if available. PTAC Knowledge Centre The PTAC Knowledge Centre provides access to non-proprietary technical information on commercially available upstream oil and gas related technologies, provides searches on subject specific databases and contact information for subject experts. The Knowledge Centre is expanding to include materials to support the TEREE project which facilitates eco-efficient and GHG-reducing technologies. For more information, please visit PTAC’s web site at www.ptac.org. |
||||||||||
| For further information or printed copies of PTAC's Annual Reports please contact: | |
Contact Us For further information please contact: PTAC
Petroleum Technology Alliance Canada Calgary, Alberta T2P 3L5 fax: (403) 920-0054 www.ptac.org info@ptac.org Eric Lloyd Denis Gaudet Arlene Merling Ralf Aggarwal Brenda Belland Lorie Frei Kerri Markle Eryn Rizzoli Tannis Such Rita Walter |
|||||||||||
| © 2004 PTAC | |||||||||||||
