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| Please
take a quick moment to answer 3 survey questions and we will provide
a summary of the confidential responses in the next issue. |
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In our last issue, we asked how you rate yourself as a technical hands-on user of current applications software for your area of expertise. Mike's Discussion Points. |
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| Exploration
vs Development Geophysics |
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CEC Energy Consultants is proud to announce that it has now
added Informational Technology (IT) capability with the addition of
28 year veteran, Les Seibert to our consulting group. We
are pleased to offer the ability to provide seamless interface of
acquired properties, for any accounting, production or engineering
systems that exist between buyer and seller. You don't have to lose
corporate efficiency the next time you acquire properties or companies,
by pulling off needed personnel working on critical projects to assist
in integrating newly acquired properties into corporate systems. To
find out more about Les and our new IT capability, consult our website
or contact either of us directly as we would be happy to answer your
questions. CEC Energy Consultants combines with Rike Services to provide the US Commerce Department with training courses for Russian Oil & Gas Executives in the area of Concession Negotiation, Risk Assessment and Mitigation, and modern Economic Evaluation processes. CEC
Energy Consultants combines with Rike Services to assist TotalFinaElf
in providing 8-week training courses to train Indonesian nationals
to become Well Operations Supervisors. |
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I believe
one of the greatest obstacles in our industry today, that is choking
the very life out of our organizations, is apathy. I saw an appropriate
sign on this subject the other day that said: The "Apathy
in the Workplace" seminar has been postponed indefinitely
due to lack of interest. Comments I hear from many managers are similar
to another sign I saw that said "Your next raise will be effective
whenever you are." If the Board of Directors, CEO and senior management reinforce ethical principles by modeling them, an organization can thrive; if not the organization may become ethically bankrupt. The decline of collective responsibility and the rise of individual accountability are evidenced in the avoidance of trust, energy, decisiveness and commitment, and the involvement in cynicism and apathy in the workplace. Just like with parenting, our children become what we are, not what we tell them to do, or how we want them to act. Employees within an organization are nothing more than the offspring of what has been modeled to them by their management. Today it is frequently not important whether a decision or behavior is good or bad, or even whether it is legal or illegal, but what each individual considers to be the right thing to do. As a result there are many victims who are pointing the finger of blame for wrongdoing at other people or circumstances. Protecting one's personal good has often times become more important than promoting the common good in of the organization or environment. Many times these individual behaviors not only originate from within the organization, but are also endorsed and/or modeled by the top management of the organization. Top managers in public and private organizations are those who promote and maintain an ethical work climate. An ethical work climate, as defined by Dr. John Bruhn a well-known Leadership Strategist, is one of openness, respect, compliance and dialogue. Exemplary leaders are those who do the right thing in the course of daily work, telling the truth, treating others fairly and discouraging prejudice and resistance to change. Exemplary leaders maintain congruence between what they say they will do and what they actually do. Consistencies and discrepancies between what is said and done become apparent within organizations. When discrepancies occur, the virtues and bottom line of the organization are called into question. For example, why are some people rewarded for behavior that is ignored or sanctioned for others? Read More... |
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|
A&D
Highlights |
| Pioneer
Natural Resources announces merger with Evergreen Resources valued
at $2.1 billion Clayton Williams announces the acquisition of Southwest Royalties |
|
News
Highlights |
| OPEC
Powerless to Stem Oil Price Surge World Oil Demand at 16 Year High Oil Price hits $40 over Supply Concern Who's At Fault for Gas Prices at the Pump |
|
Upcoming
Events |
| TIPRO
Annual Convention Hilton Americans Houston, Texas June 5-7, 2004 EnerCom Oil & Gas Conference Pinnacle Club Denver, Colorado August 1-5, 2004 Rocky Mountain Natural Gas Conference Colorado Convention Center Denver, Colorado August 9-11, 2004 SPE Annual Technical Conference September 26-29, 2004 Houston, Texas |
| CEC
Energy Consultants 6700 Woodlands Parkway Suite 230-304 The Woodlands, Texas 77382 Office (713) 502-9235 Fax (281) 419-1046 Cell (713) 502-9235 www.CECEnergyConsultants.com Mike.Cherry@CECEnergyConsultants.com |
| Since
1999, CEC Energy Consultants has been an engineering
consultant and project management firm that allows clients to out-source
operations, engineering, and business development projects while its
client maintains project control. Outsourcing and exploitation of
a client's projects maximizes profitability by allowing production
and revenues to continue to be credited towards quarterly earnings,
and personnel and capital to be focused on more important projects
that directly impact corporate financials. CEC Energy Consultants uses industry software such as Geoplus Corporation's Petra and Petraseis Workstations for geologic, geophysics and engineering functions, to enhance the identification of new business development opportunities with existing or newly acquired assets. Petra is unparalleled in its ability to build isopach maps and log cross-sections, but more importantly from an engineering standpoint, to analyze and screen public data sources for acquisition and drilling prospect leads as well as other advanced geologic, geophysics and engineering functions. CEC Energy Consultants provides a highly technical and qualified team whose members work together to maximize the amount of reservoir information gleaned from seismic data and provide an integrated property assessment that gives an accurate evaluation of reserves in the ground as well as the upside potential of the property based on seismic data calibrated to existing engineering data. CEC Energy Consultants' expertise in using the latest technology application tools will result in reserve additions and well productivity enhancements to your asset base. Visit our website to learn more about CEC Energy Consultants' incredible new technological, geological, geophysical, engineering and operations capabilities. |
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How
can CEC Energy Consultants change your perspective toward the technological
advances in our industry? I usually try and spend most of the time with our articles in this newsletter trying to promote the awareness of new technology as well as give illustrative real world examples for us all to learn from as to how we can make application of the new technology that exists today. Read More... |
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| Rike
Services Geoplus
Corporation |
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SPE
Annual Technical Conference and Exhibition September 26-29, 2004 Houston, Texas |
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