114 Members
PTAC Member Organizations
As of March 9, 1999

Message from the Board of Directors

On behalf of the Board, we would like to thank PTAC staff and all volunteers on committees, workshops and projects for their dedication and efforts. Our vision of applying leading-edge technology developed through collaboration is becoming a reality.

Eric Lloyd, President of PTAC

Larry Bell, Chairman of PTAC

PTAC facilitated the launch of 21 projects during 1998 worth $4.3 million. Further information on these projects can be obtained by reading our 1998 newsletters, which are available from PTAC or can be found on our website (www.ptac.org). 15 additional projects arising from our 1998 and early 1999 Workshops are expected to launch in 1999, including:

Environmental

• Fugitive Emissions
  
• Hydrophobic Soils
  
• Native Plant Development
  
• Evaluation of Past Revegetation Mitigation Efforts
  
• Monitoring and Detection Limits of Odour Causing Compounds
  Conventional Heavy Oil

• Field Test of Rodless Drive Systems for Progressive Cavity Pumps
  

  Alternative Artificial Lift Systems for Heavy Oil Applications
  

  Low Fuel Pressure Heating Systems for Field Tanks
  

  Heavy Oil Annular Gas Compression Systems
  

  Understanding and Managing Sand Production
  

  PCP Run Life Improvement

   
  Inactive Well Management/Abandonment

• Low Rate Cement Pumping Unit
  
• Cement Selection for Squeeze Applications
  
• Logging Tool Specific to Gas Detection
  
• Gas Source Identification Process

  Technical Subcommittees

  PTAC now has 10 Technical Subcommittees (TS) and over 1700 contacts in the following areas:

  • Natural Gas Production, Processing and Transportation

  • Drilling

  • Oil Production and Transportation

  • Well Completion, Stimulation and Workover

  • Reservoir Recovery/Geoscience

  • Conventional Heavy Oil

  • Environmental

  • Inactive Well Management/Abandonment

  • Telecommunications and Data Management

  • Basic Research

  We need interested senior technical people to assist in identifying important issues that require R&D. The approach utilized by the Conventional Heavy Oil and Environmental TS has proven very effective in moving forward needed R&D. If you are interested in participating, or seeing particular issues addressed, we encourage you to contact PTAC for additional information.

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  PTAC Speaks out on Government R&D Policy,
  Incentives and Funding

  During 1998, PTAC provided feedback to government on several important issues including:

  • Panel on Energy Research and Development (PERD) federal R&D funding priorities for the oil and gas industry

  • Alberta Science and Research Authority (ASRA) R&D incentive proposals

  • Alberta funding for high priority Environmental R&D projects for the oil and gas industry

  • ADOE model study for funding energy related R&D

  • CO2 Enhanced Oil Recovery (EOR)

  • Coordination of University Research for Synergy and Effectiveness (COURSE)

  PTAC will continue to provide input to government on matters that are related to oil and gas R&D, in cooperation with members and associations.

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  Technology Information Sessions

  PTAC hosted 16 sessions attended by a total of over 300 participants in 1998. These sessions provide our members with the opportunity to obtain funding and technical input for proposed R&D; learn about new R&D initiatives and emerging technology; and, transfer and market new technology in the conventional oil and gas industry.

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  Problem and Opportunity Definition Workshops

  PTAC sponsors workshops to provide an opportunity for people to clearly define R&D issues and identify the direction that is believed will yield possible solutions. Potential suppliers of R&D have the opportunity to hear first hand about such issues and to contribute their expertise and ideas for solutions. PTAC funds the workshops, ensures the necessary facilitation is provided and provides the necessary administrative support and coordination to launch projects. We widely distribute Request for Proposals (RFPs) with Expressions of Interest for each priority issue from workshops. Once we have identified those who will consider supporting the R&D, 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.

  PTAC sponsored workshops in Environmental, Conventional Heavy Oil, Completions and Workovers and Inactive Well Management/Abandonment in 1998. As a result, 21 RFPs were formally issued in 1998 and 7 more followed in early 1999.

  PTAC needs the involvement of industry personnel in 1999 to plan workshops in areas such as Environmental, Reservoir, Completion, Stimulation and Workovers, and in other technical subcommittee areas. Mini workshops that focus on one particular issue are an effective way to initiate collaborative R&D projects. We encourage you to contact PTAC if you have ideas for such workshops.

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  Association and Regulator Working Relationships

  PTAC believes that working with industry associations and regulators to jointly sponsor events and distribute information is an important component of the overall approach to collaborative R&D.

  The successful launch of the 1998 Environmental R&D projects resulted from the cooperation and support of the Canadian Association of Petroleum Producers (CAPP), Environment Canada, Alberta Energy and Utilities Board (AEUB), Alberta Environmental Protection (AEP), Alberta Department of Energy (ADOE) and Petroleum Services Association of Canada (PSAC).

  PTAC wishes to build new relationships where there is mutual interest and continue to strengthen existing relationships wherever possible.

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  Annual Membership Revenue Growth by Category

  Membership revenue has grown steadily since 1996 with 68% currently provided by Producers and 21% by Service and Supply Companies.

  

   

Membership by Category

The number of PTAC members increased to 112 by year end 1998.

Our current members produce approximately 60% of Canadian Conventional Oil and Gas. PTAC signed up our 114th member in March 1999, continuing our pattern of steady membership growth.

PTAC Board Members

As of December 31, 1998

Larry Bell, Chairman, PTAC,
Crestar Energy Inc.

Eric Lloyd, President, PTAC,
Petroleum Technology Alliance Canada

Alan Archibald, Chairman Elect of PTAC,
Anderson Exploration Ltd.

JoAnne Butler,
Amoco Canada Petroleum Ltd.

Neil McCrank,
Alberta Energy and Utilities Board

Roger Bailey,
Alberta Department of Energy

Denis Gaudet,
Fracmaster Ltd.

Bob Hill,
Canadian Energy Pipeline Association (CEPA)

Patrick Jamieson,
C-FER Technologies Inc.

Rich Kerr,
Wascana Energy Inc.

Pat McLellan,
Advanced Geotechnology Inc.

Frank McIntrye,
Husky Oil Operations Ltd.

Bruce Peachey,
New Paradigm Engineering Ltd.

Ken Putt,
K.W. Putt Consulting Services

Bruce Stewart,
Natural Resources Canada (CANMET)

Bill Svrcek,
University of Calgary

Murray Todd,
Todd Resources

Auditor's Report to the Directors

Summarized Balance Sheet
As at December 31, 1998, with comparative figures for 1997

Assets	1998	1997
Cash	$ 29,938	$ 53,114
Marketable securities	62,237	53,488
Accounts receivable	75,040	47,963
	167,215	154,565
Capital assets	27,147	31,372
	$194,362	$185,937
Liabilities and Surplus
Accounts payable, accrued liabilities	$  6,240	$  9,167
Deferred revenue	168,692	157,175
	174,932	166,342
Surplus	19,430	19,595
	$194,362	$185,937

Summarized Statements of Revenues
Expenses and Surplus for the year ended December 31, 1998, with comparative figures for 1997.

Revenues	1998	1997
Membership	$297,088	$227,616
Other	38,238	35,576
	$335,326	$263,192
Expenses
Operating	$335,491	$266,567
Excess (short) of revenues over expenses	(165)	(3,375)
Surplus, beginning of period	19,595	22,970
Surplus, end of period	$ 19,430	$ 19,595

The complete audited financial statements of PTAC for the year ended December 31, 1998 are available from PTAC offices upon request.

Eric Lloyd, President
phone: (403) 218-7701
e-mail:

Arlene Merling
Director, Operations
phone: (403) 218-7702
e-mail:

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