1 / 13

TUHWALP Consortium Overview

TUHWALP Consortium Overview. Cem Sarica. Outline. Membership Status Review of Consortium Structure Financial Status Review of Work Schedule Project Priorities or New Projects Deliverables Rollout Plan Others. Membership Status. TUHWALP currently has 9 Members BP Chesapeake

honorato-burt
Download Presentation

TUHWALP Consortium Overview

An Image/Link below is provided (as is) to download presentation Download Policy: Content on the Website is provided to you AS IS for your information and personal use and may not be sold / licensed / shared on other websites without getting consent from its author. Content is provided to you AS IS for your information and personal use only. Download presentation by click this link. While downloading, if for some reason you are not able to download a presentation, the publisher may have deleted the file from their server. During download, if you can't get a presentation, the file might be deleted by the publisher.

E N D

Presentation Transcript

  1. TUHWALP Consortium Overview Cem Sarica

  2. Outline • Membership Status • Review of Consortium Structure • Financial Status • Review of Work Schedule • Project Priorities or New Projects • Deliverables Rollout Plan • Others

  3. Membership Status • TUHWALP currently has 9 Members • BP • Chesapeake • ConocoPhillips • EnCana • Marathon • Shell • SWN • Weatherford • XTO • ALDRC Support Equivalent to One Membership Fee • Funds One Graduate Student

  4. Membership Status … • Other Interested Companies • ABB Total Flow • BHP Billiton • Chevron (Contract Phase) • GE • MAERSK • Newfield • Norris Production Solutions (Contract Phase) • WPX Energy

  5. Membership Status … • Need More Members • TU is Working Towards Reaching the Goal of 20 Members • Help from Current Members is Appreciated

  6. Review of Consortium Structure • Advisory Board • Consists of One Designated Person from Each Member Company • Each TUHWALP Member has One Vote • Role of the Advisory Board (From LOA) • Decide Which Projects will Be on the Agenda for the Next Year • Determine If the Membership Fee will Change for The Next Year • Advisory Board, or Its Assigned Coordinating Team, may Also Meet With TU, in Person or by Teleconference, at Other Times to Coordinate the Activities of TUWHALP

  7. Review of Consortium Structure … • Propose Two Sub-committees to Follow and Help the Activities of TUHWALP • Technical Support Committee • Technology Transfer Committee • Each Committee Shall Have • At Least Three Members Elected by Membership; One of Which Must be TU Representative • Chair Elected by Committee Members to Serve for One Year

  8. Review of Consortium Structure … • Role of ALRDC • ALRDC has Non-voting Supporting Role with Separate Terms Outlined in a Letter of Agreement • ALDRC will have Access to the Deliverables but not be Able to Pass Them onto Any Other Entity • In-kind Membership Possible if the Contribution of a Company is Deemed Equivalent to Membership Fees by TU • Other Member Company Involvement • Suggestions Towards Improvement of TUHWALP Activities are Always Welcome • Representatives from Members can Participate in Project Activities at Any Time

  9. Financial Status • Currently, TUHWALP has $500,000/year Income • With the Additional Two Members, This is Expected to Be $600,000/Year • $400,000/Year Short From the Original Budget • Realistic Goal for 2012 is 15 Members With a Yearly Budget of $750,000

  10. Financial Status …

  11. Review of Work Schedule • Already Discussed in Earlier Presentations

  12. Project Priorities and New Projects • Project-4 Needs to Be Considered in Light of Importance of Liquid Rich Plays • Emphasis can Increase Membership Significantly

  13. Deliverable Rollout Plan • As the Deliverables Become Available They will be Made Provided to Membership • Primary Medium for Deliverables will be the Consortium Web Site • Website will have Public and Restricted Access Sections • Deliverables will be in Various Forms • Advisory Board Meeting Reports • Student Thesis and Dissertations • Experimental and Field Data in Electronic Format • Software • Other Pertinent Reports

More Related