The document provides information about upcoming meetings and events for several Permian Basin organizations in April 2019, including the SPE Permian Basin section meeting on April 11th. The section meeting will feature a presentation by Krešo Kurt Butula of Schlumberger titled "The Unfulfilled Expectation of Horizontal Wells with Multistage Fracture Completions in Conventional Reservoirs: A solution". Additionally, the document announces other upcoming events from SPE Permian Basin Young Professionals, SIPES, and the Completions and Operations study group. It also provides summaries of past section and YP events from March and recognizes contributors to the SPE scholarship fund.

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Publication of the SPE-PB Section http://connect.spe.org/PermianBasin/
Upcoming Meetings
and
Conferences
April 3rd
Production
Management
Symposium
April 11th
SPE Section Meeting
April 17th
SIPES Meeting
April 18th
YP Happy Hour
April 25th
SPE Awards Banquet
April 30th
YP Lunch Meeting
May 2nd
C&O Meeting
SPE-PB April Section Meeting
April 11th, 2019
11:30 AM to 1:00 PM
Midland Petroleum Club
$25 Online and $30 at the door
https://apr2019.bpt.me/
Krešo Kurt Butula
Schlumberger
Abstract:
This lecture presents approaches for increasing production from horizontal wells with multistage
fracture (HWMSF) completions in conventional reservoirs. HWMSF completions are now regularly
being drilled and completed in low-to-mid-permeability oil-bearing conventional reservoirs (k<10 md)
where the oilfield is under waterflooding. Although the industry has closed the HWMSF technology
gap of drilling and completing these wells, the productivity has been below the expected level. The
production is characterized by either an early-time relatively high production rate followed by a steep
production decline and water breakthrough or low initial production and even lower late-time
production. What went wrong and what can be done? The lessons learned in unconventional
reservoirs are not pertinent to conventional formations. Hence, the problem was examined from the
reservoir standpoint, focusing on achieving adequate pressure support to maximize drainage,
revising the waterflood process through drilling patterns, and evaluating the specific completion
techniques. Equally, the question warrants answers on current HWMSF restimulation, addressing
methodology applied to specific completion design, the horizontal wellbore azimuthal orientation
within the stress field, and, finally, the operating condition of the injector and producer wells. The
lecture discusses novel designs for refracturing and for future reservoir development, and, at the
same time, is a plea to the drilling, completion, and reservoir engineering teams to integrate their
competencies to optimize these complex production systems.
Biography:
Krešo Kurt holds the position of Reservoir Management Advisor to the Schlumberger President for
Russia and Central Asia. He has a Masters degree in petroleum engineering, University of Zagreb,
Croatia, and has been based in Moscow, Russia, for the last 15 years. He has more than 27 years of
worldwide onshore and offshore exposure and experience in multiple oilfield service domains.
Currently, he is responsible for the assessments and integration process for complex subsurface
projects and for defining the company business model and technological solutions, including new
directions in Schlumberger R&E centers in Russia. He is a member of SPE and EAGE and a member of
the Society of Core Analysts. He has been on program committees of international and Russian
technical conferences. He served as the Program Director for the Moscow SPE Section and was
awarded the Regional Service Award in 2014. Since 2014, he has been the SPE Moscow Section
Chairperson. He is a fluent speaker of Russian, English, German, Italian, and Croatian.
Newsletter of the Society of Petroleum Engineers Permian Basin Section

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CHAIRMAN’S CORNER
Akinfolami “Flo” Akintunji
SPE-PB Chairman 2018-2019
Unitex Oil & Gas, LLC
March Madness & Diaper Dandies!
Anyone finish March with a perfect bracket? According to the NCAA bracket tracker, as of the Sweet Sixteen round,
there was only one perfect bracket left out of the millions of brackets created across various online platforms around the
country. My bracket went bust right out of the gate after UC Irvine beat Kansas State in the round of 64. Notwithstanding, it was
entertaining watching some of the amazing players throughout the tournament. The best of many outstanding freshman players
(or Diaper Dandies, as they are called by the great college basketball analyst, Dick Vitale) in college basketball this year was Zion
Williamson. The 18 year old superstar is an incredible talent, and certainly left his mark on college basketball this year. Is it not
incredible the momentous impact a young person can have in the midst of seasoned veterans? Similar to Mr. Williamson, a
precocious University of Houston recent graduate developed an algorithm that helped BP locate “an extra 1.4 billion barrels of
oil in the Gulf of Mexico” earlier this year. BP’s annual Energy Outlook report predicts oil production ranging from 80 – 130
million barrels per day (B/D) in 2040. Current worldwide oil production stands around 85 million B/D. Assuming even the mean
estimate of the predicted range, it is obvious that the oil industry has much work left to do to ramp up production over the next
two decades. Even if policies here in the U.S. call for replacing fossil fuels with renewable energy before the world purportedly
ends in 12 years, the BP outlook does not expect those same fantasies to be adopted in Africa and Asia, currently home to 77
percent of the world’s population. These growing economies will continue to need cheap energy. So, we are back to where we
started: the Diaper Dandies. The oil and gas industry will continue to need young and talented petroleum engineers working
with industry veterans to develop innovative solutions for some of the most complex problems our industry is facing. I, for one,
have no problem steering my little one year old in that direction very early on.
March was a wonderful month for our Section! Study group meetings were well attended, and our 8th
Annual Sporting
Clays shoot was a smashing success. Thank you to all our sponsors and shooters. Also, many thanks to the students from our SPE
Texas Tech Chapter who came out and volunteered all day during the event. Like I said last month, they have continuously
exceeded our expectations with their service, reliability, and professionalism. April will be another great month for our section.
We have our Annual Awards Banquet on April 25th
. It will be a fun evening where we recognize colleagues who have been
nominated for awards in their disciplines; award scholarships to outstanding students; and recognize members who have served
our community over the past year. Please see more details about the Awards Banquet to the right on page 3. I hope to see you
there, and we promise, no boring technical talks to put your significant other to sleep. In addition to our Awards Banquet, please
see below for a summary for other meetings in April:
 Section Meeting (4/11) – Kreso Kurt Butula presenting on “The Unfulfilled Expectation of Horizontal Wells with Multistage
Fracture Completions in Conventional Reservoirs: A solution” Please RSVP here: https://Apr2019.bpt.me/
 SPE-YP Meeting (4/30) – Adam Harper presenting on “Formation Water Reduction Technology in Shale Formations” Pease
RSVP here: https://speypapr19.bpt.me
Finally, I want to acknowledge the generous contributions made by the annual CO2 conference to our yearly
scholarship fund. Having contributed $600,000 over the last several years, the CO2 conference has been one of the largest
contributors to our yearly scholarship fund. Fellow CO2 conference board, I salute you all.

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SIPES April Program Announcement
April 17th, 2019
11:30 AM to 1:00 PM
Upstairs Ballroom of Midland Country Club
“Reversing Hubbert’s Peak”
Chris Spies
VP Geoscience and Technology, Concho Resources
SIPES always welcomes guests, and no reservations are required. Guest luncheon and program
cost is $30 to be paid to the treasurer at the meeting – cash or check only – no credit cards
please!! There is no charge for members. Reception begins at 11:15, Buffet lunch starts at
11:30 and the program begins at noon.
Abstract:
Hubbert’s peak theory is often used to describe the life cycle of any exhaustible
resource. The bell-shaped curve is characterized by an initial growth phase, a peak, and is
followed by a period of irreversible decline. Plotting Permian Basin oil production from
1945 to 2007 shows an ominous fit with Hubbert’s curve. This was the backdrop when
Concho Resources made its initial public offering (2007) hoping the confluence of
technology, favorable subsurface characteristics, and scale would defy the odds. Today
that combination has transformed Concho, now a Fortune 500 company, into one of the
largest independent producers in the U.S. and the Permian into one of the largest oil fields
in the world. This presentation will look back at some of the obstacles and innovations
that enabled Concho to be a key participant in the great rebirth of the Permian Basin.
Biography:
Chris Spies is Vice President of Geoscience and Technology for Concho Resources Inc. He
came to Concho in 2013 as a Geologic Advisor and later held the positions of Geoscience
Manager and Chief Geoscientist. Chris leads multidisciplinary teams tasked with resource
management, reservoir characterization, and the implementation of advanced
technologies. Mr. Spies previously worked in various geological roles of increasing
responsibility for ExxonMobil, Burlington Resources/ConocoPhillips, and Apache. He holds
a B.S. and M.S. in Geology from the University of Kansas.

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SPE-PB Completions and Operations Study Group
May 2, 2019
Midland Petroleum Club
11:30AM - 1:00PM
Completion Efficiency Lookback in Midland Basin: Correlations
Between Frac Fluid and Proppant Intensity with Fracture
Conductivity, Fracture Half-Length and Fracture Height
Duc Lam, P.E
Founder & CEO, USI Tech
With Planned Permian Basin Operator
Abstract:
The presentation will cover a new reservoir technology that helps engineers generate history match
outputs in minutes and addresses some of the most critical operational issues in Permian Basin. A
lookback study for a developed section will also be presented to derive the efficiency of hydraulic
fractures and their physical properties.
Biography:
Mr. Duc Lam founded USI Tech after gaining more than ten years of industry experience in reservoir
engineering working for Apache Corp and Hess Corp. He began his early career with Apache’s engineering
development program, and later joined Apache’s Corporate Reservoir Engineering group where he
worked Corporate Reserves and Business Development focusing on Anadarko Basin, Permian Basin and
Canada. He also held various positions of increasing responsibilities in Hess’s New Venture and Business
Development across China, Williston Basin, Canada and Permian Basin. He holds a BSc with Honors in
Petroleum Engineering from Texas A&M University and is a licensed professional engineer in the State of
Texas. Program.
Online Registration - $30 ends 5/1/2019
Onsite Registration - $40 at the door 5/2/2019
Register at Brown Paper Tickets: https://bpt.me/4204456
If you prefer to register by phone, please call Cathy Harris at 972-768-8070
Sponsorships are still available

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SPE Permian Basin Young Professionals Upcoming Events
General Meeting / Luncheon
Tuesday, April 30th, 2019 | 11:30 am – 1 pm | PPDC, 105 W. Illinois Midland, TX 79701
Topic: Formation Water Reduction Technology in Shale Formations
Speaker: Adam Harper, Hexion
Lunch Sponsored by Hexion, Inc.
RSVP Link: https://speypapr19.bpt.me
YP Happy Hour
Thursday, April 18th, 2019 | 5:30 – 7:30 pm | Location: Café at the Gardens
Sponsored by Premier Pressure Pumping
Community Service
Jubilee Center Food Pantry
On March 9th, SPE had a great time teaming up with the Jubilee Center to provide volunteers to help run the food pantry and
provide for those in need in our community. Volunteers served as personal assistants to the Jubilee Center’s clients as they
gather their groceries for the week. (see the attached photos)
Breakfast for all volunteers was sponsored by Texas Pride Fuels.
RSVP Details can be found on our LinkedIn page and SPE website.
LinkedIn: www.linkedin.com/company/spepbyp/
https://connect.spe.org/permianbasin -> About -> Young Professionals
Contact Us: SPEPermianYP@gmail.com

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SPE Scholarship Applications are now available online!
For College Students with ties to the Permian Basin
https://connect.spe.org/permianbasin/aboutus/scholarships
Due Date is April 5th, 2019
SPE ScholarshipsSPE Scholarships

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On March 9th, SPE had a great time teaming up with the Jubilee Center to provide volunteers to help run the food pantry
and provide for those in need in our community. Volunteers served as personal assistants to the Jubilee Center’s clients as
they gather their groceries for the week. Breakfast for all volunteers was sponsored by Texas Pride Fuels.
YP Community Service

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March Section Meeting
A great turnout at our March section meeting. See some pictures below:

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2018-2019 SPE Permian Basin Board Members
SPE—PB Polos for Sale!
Durable, dry-fit material. Comfortable all year long! Comes in
men’s and women’s style in blue and red (and men’s black for
the YoPro version). Only $30 each, and all proceeds go to the
Young Professionals and scholarships. Cash and credit card
accepted. Look for these awesome items at our Section
Meetings and YoPro Meetings this year!
Position Member Company Member's Email
Chairman Flo Akintunji Unitex Oil & Gas LLC fakintunji@unitexoil.com
Vice-Chairman Alana Low Concho alow@concho.com
Treasurer Paul Brown Chevron PaulBrown@Chevron.com
Secretary Ayodeji Daramola Halliburton ayodeji.daramola@halliburton.com
Awards and Nominations Justin Bethancourt ConocoPhillips j.justin.bethancourt@conocophillips.com
Community Relations
Glen Fradenburg Alamo Pressure Pumping gf@fracing.com
Evan Graybill Chevron egraybill@chevron.com
PR & Advertising Boone Bajgier Anadarko Boone.Bajgier@gmail.com
Pipeline Newsletter Michael Carey Saga Petroleum mcarey@sagapetroleum.com
Continuing Education Curtis Helms Jr. Midland College chelms@midland.edu
Golf Tournament
Coordinator
James Haest Silvertip Completion Services james.haest@silvertipcompletions.com.
Jeanette Reyes-Lara Endeavor Energy Resources jreyes@eeronline.com
Billea Karnes Concho bkarnes@concho.com
Internet Coordinator Prince Kwarteng Discovery Operating pkwarteng@discoveryoperating.com
Membership Eric Angelos Concho eangelos@concho.com
Programs
Robert Reyes Harmonia Petroleum robert.reyes@harmoniapetro.com
Yoshi Pradhan Endeavor Energy Resources ypradhan.pge@utexas.edu
Scholarship Libby Einhorn Concho eeinhorn@concho.com
Study Group Liaison Aaron Hunter Concho ahunter@concho.com
Texas Tech Liaison Jay Young ResMetrics - Tracer Diagnostics jay.young@resmetrics.com
Young Professionals Fumi Balogun Liberty Oilfield Services fbalogun02@gmail.com
At Large
Billy Harris
Lodestone Oil & Gas
Consulting, LLC
lodestoneogc@outlook.com
Pete Schrenkel Vision Natural Resources pschrenkel@visionnatres.com
Past Chair Kyle Richter Oxy kyle_richter@oxy.com
CO2 Conference Bill Webb Bill Webb, Inc billwebbinc@suddenlink.net
Clayshoot Committee
Jace Farmer Concho jfarmer@concho.com
Bob McKitrick NCS Multistage rmckitrick@ncsmultistage.com
Stephen Arnold ConocoPhillips stephen.m.arnold@conocophillips.com
Clayshoot Committee Members

20. Page 20 April 2019 - Issue 179
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