Compact Comments
February 2008

Don't Forget to Register Early for the Midyear Issues Summit!

Join the IOGCC for it's Midyear Issues Summit in the foothills of the Canadian Rockies May 4 - 6, 2008. Come discuss pressing issues faced by state and provinces alike, including energy policy, conservation, advances in technology such as carbon capture and geologic storage, and oil and gas transportation.

For detailed meeting and tour information along with updated agendas click here. Register before April 9 to receive a special discounted price. Join IOGCC for what is sure to be an informative Midyear Issues Summit.

2008 Midyear Issues Summit
Calgary, Alberta, Canada
Sheraton Suites Calgary Eau Claire
May 4 - 6, 2008

On the Hill

By Kevin Bliss

It is looking like we can expect a busy year with a number of energy-related items of interest to the states. Of course the biggest news in Washington is the presidential election where the field seems to narrow daily. Meanwhile on the Hill, a large number of congressmen and senators, especially Republicans, are announcing that they are retiring. This will make for an interesting election year and the promise of change, in one form or another, as a result of November’s elections.

On that front, the President reached agreement with House leadership in late January on a stimulus package that probably will be acted upon very quickly – at least by Washington standards. One holdup may be that the Senate was not actively involved in the negotiations and apparently has some additional ideas. Of good news to the states is that one of the items the Senate Finance Committee is considering for the stimulus package relates to marginal oil and natural gas wells. The provision under consideration would restore the depletion allowance that expired at the end of 2007. It would extend the allowance for two years. Immediate contact with the offices of your senators explaining to them the benefits of marginal production to the country’s economic well-being as well as national security would be most beneficial.

Read More about net receipts sharing, and carbon capture and storage.

Coming to a Mailbox Near You!

IOGCC released CO2 Storage: A Legal and Regulatory Guide for States in late January. IOGCC governors, representatives and committee members will be receiving a summary report along with the full report on CD-Rom.

The publication also is available on IOGCC's Web site.

Stripper Well Consortium Request for Proposals

The Stripper Well Consortium (SWC) has released a request for proposals. The call is open to all current full and supporting members. In addition to this notice, a hard copy of the RFP has been mailed to all current members. The period of performance for this funding cycle will be from July 1, 2008, to June 30, 2009. The deadline for receipt of proposals is April 10, 2008, at 4:00 p.m. Eastern Standard Time. The RFP is available at http://www.energy.psu.edu/swc/SWC_RFP_013008.pdf

Proposals selected for funding will be based on those that best accomplish the Consortium goals. Proposals are being solicited in the following research focus areas:

Reservoir remediation, characterization, and operations
Well-bore clean-up
Surface and collection optimization
Environmental

The SWC is seeking to identify new technologies that will have the potential to significantly improve the production from domestic petroleum and natural gas stripper wells or fields, significantly reduce operator costs, or improve the environmental issues typically associated with stripper well operations.

The 2008 Spring Meeting to hear all proposal requests will be April 24-25, 2008, in Washington, D.C. In addition to hearing funding requests, this meeting is an opportunity to hear the latest technology developments from current and past SWC projects, network with others in the industry, exchange ideas, and to learn how to become more involved.

Briefs

  • IOGCC Operating and Standing committees welcome these new committee members and chairs:

    Alan Coyner - Member of Steering Committee
    Bill Lawson - Chairman of Energy Resources, Research
    and Technology Committee
    Terry Adamson - Vice Chairman of Public Outreach

  • The IOGCC would like to welcome Don Kotowych of Texas to the organization. Kotowych has been appointed to the Energy Resources, Research and Technology Committee and the International Committee.

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