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Trick

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 Convention The Council and the majority of the committees only meet at the Fall and Spring Convention.

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Trick

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  1. Trick or Treat!

  2. What will the best dressed Board of Directors be wearing tonight Dearie??

  3. Watch for your PASPB Board tonight!

  4. 2006 Fall COPAS Convention Grapevine, TX

  5. The COPAS Convention • The 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.

  6. 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.

  7. 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!!

  8. 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

  9. Audit • Audit position open on CEPS Control Panel • Discussed EI Summer meetings • Update of AG 19 Addendum for Electronic Media

  10. 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!

  11. Education Committee • CPE Requirements for use with COPAS # • Committee checklists • Sign-in Sheets • Certificates • Education Day Toolkit • Speaker Topic List • TR-9 Educational Training Guide Update

  12. Small Oil & Gas Companies • Permitting Issues in Urban Areas – Gilbert Horton, Devon Energy • Where is my Landman? – Shari Hodges, Myco Industries • Provided lists of items to consider in communication between landman and accountant

  13. Revenue • Texas Severance Tax Rewrite Program • State Legislative Updates • MMS Issues Margie Barlow will host our Revenue meeting immediately after we adjourn today in room #7. She has handouts and plenty of information!

  14. 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

  15. 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)

  16. 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

  17. 2006 Fall COPAS Convention Grapevine, TX

  18. Happy Halloween !

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