trick or treat! what will the best dressed board of directors be wearing tonight dearie??
TRANSCRIPT
Trick or
Treat!
What will the best dressed Board of Directors be wearing tonight Dearie??
Watch for your PASPB Board tonight!
2006 Fall COPAS Convention
Grapevine, TX
The COPAS ConventionThe Council and the majority of the committees only meet at the Fall and Spring Convention.
Meetings start Tuesday with the Board of Directors, APA Exams and the Leadership Dinner.
National Committees meet Wednesday – Thursday.
The Council meets Friday morning.
The COPAS Convention A Reception is generally held Wednesday night.
Sightseeing tours and shopping events are usually available for spouses.
A banquet is traditionally held on Thursday night.
Fall 2006
Council Meeting Revenue
Joint Interest Education
Audit Small Oil & Gas
Emerging Issues Financial Reporting
Midstream/Downstream Leadership Dinner
Kudos – First time we have had total coverage in quite some time!!
Joint Interest
• Field Office Expense Document Failed by 1
• Used Equipment % will remain at 75/65/50
• Materials Subcommittee Vice-Chair
• MFI 38 Materials Pricing Document
• MFI 28/29 Controllable Material Listing
• Remote Control & Monitoring Center Project
• Update on Catastrophe Cost Project
• New APA Technical Development Team
Audit
Audit position open on CEPS Control PanelDiscussed EI Summer meetings
Update of AG 19 Addendum for Electronic Media
Emerging Issues
The new and improved “CEPS” January 2007 – web based No more CD’s Subscription cost: $600 individual or
$3000 network 2005 & previous data not available on new
program
* Save old CD or purchase one!
Education Committee
CPE Requirements for use with COPAS #Committee checklistsSign-in SheetsCertificates
Education Day ToolkitSpeaker Topic ListTR-9 Educational Training Guide Update
Small Oil & Gas Companies
Permitting Issues in Urban Areas – Gilbert Horton, Devon Energy
Where is my Landman? – Shari Hodges, Myco Industries
o Provided lists of items to consider in communication between landman and accountant
Revenue
Texas Severance Tax Rewrite ProgramState Legislative UpdatesMMS Issues
Margie Barlow will host our Revenue meeting immediately after we adjourn today in room #7. She has handouts and plenty of information!
Midstream/Downstream
Refining Capacity Presentation – Betty Ann
Tomlinson & Carle Castleberry with Conoco-
Phillips Measurement Presentation – B. Schack of
Enogex. Presentation highlighted Ultrasonic
Meters and Heated Composite Samplers Gas Plant Accounting Procedure Project on
hold
Council Meeting
• 21 Societies present out of 23 total• Membership stands at 2912 members• New Directors for 2007 are Karla Bower of Houston,
Lynn Boyer of Fort Worth, and Sandra Hoggard of San Antonio
• Members of the 2007 Nominating Committee are Spence Garner of Fort Worth, Kern Goss of Houston, and Kathleen Sheets of Dallas
• Howard Blunk is chairing the Electronic Document Review Special Committee
• APA Exams available to take via computer in 2007• Jeff Alcott awarded Bob Wilkinson of Tulsa the Eagle
Award for his outstanding service over the last year. • Outgoing committee chairpersons were recognized
including Brenda Thompson (Education), Marvinette Ponder (Revenue), and Jane Schulte (Small Oil & Gas)
Council Meeting
• Voting Items Approved 2007 Employee Benefits Upper Limitation of
33% 2007 Used Equipment Survey Percentages
75/65/50 MFI 12 – Premium Priced Material Penny Parten replacing Bob Wilkinson on Board
effective 01/01/07
• COPAS is interested in revamping website and
open to suggestions
2006 Fall COPAS Convention
Grapevine, TX
Happy
Halloween !