Landman/Energy Management Colorado Mesa University · • Globally, Oil consumption is projected to...
Transcript of Landman/Energy Management Colorado Mesa University · • Globally, Oil consumption is projected to...
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Landman/Energy ManagementColorado Mesa University
May 2019
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Steve Soychak Bio I share to students
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All US Energy Consumption in 1 Diagram
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Projected Demand of World Energy
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• Globally, Oil consumption is projected to grow by 17%, Natural Gas by 40%, and Renewables by 72% by 2040.
• Total Energy consumption is projected to go up by 28%.• Renewables go from 13% to 17% of total share.
IEO2018 Reference case world energy consumption by energy sourcequadrillion Btu
Chart1
19901990199019901990
19911991199119911991
19921992199219921992
19931993199319931993
19941994199419941994
19951995199519951995
19961996199619961996
19971997199719971997
19981998199819981998
19991999199919991999
20002000200020002000
20012001200120012001
20022002200220022002
20032003200320032003
20042004200420042004
20052005200520052005
20062006200620062006
20072007200720072007
20082008200820082008
20092009200920092009
20102010201020102010
20112011201120112011
20122012201220122012
20132013201320132013
20142014201420142014
20152015201520152015
20162016201620162016
20172017201720172017
20182018201820182018
20192019201920192019
20202020202020202020
20212021202120212021
20222022202220222022
20232023202320232023
20242024202420242024
20252025202520252025
20262026202620262026
20272027202720272027
20282028202820282028
20292029202920292029
20302030203020302030
20312031203120312031
20322032203220322032
20332033203320332033
20342034203420342034
20352035203520352035
20362036203620362036
20372037203720372037
20382038203820382038
20392039203920392039
20402040204020402040
Projection
History
petroleum and other liquids
coal
natural gas
renewables
nuclear
petroleum and other liquids (including biofuels)
natural gas
coal
nuclear
renewable energy (excluding biofuels)
137.2268
75.2804
89.2496
20.3569
33.8867
138.3765
76.9353
83.569
21.183
34.599
138.9994
77.0316
81.9993
21.2746
35.046
138.7078
78.6578
83.7419
22.0084
36.213
141.513
78.8963
84.3071
22.4059
36.984
143.7058
81.2448
86.8708
23.258
38.6533
147.1652
83.2804
89.1603
24.108
39.3697
150.2873
83.451
88.0229
23.8802
40.017
151.5032
84.1573
86.8534
24.3075
40.1075
154.1974
86.362
89.8622
25.0841
40.396
157.0188
89.7827
96.4539
25.6505
41.0144
158.8698
90.3968
97.7972
26.383
40.8996
159.3791
94.0664
100.5965
26.6718
41.597
162.1624
96.6052
108.7607
26.2954
42.0688
168.1077
100.0492
118.4734
27.2489
44.1598
170.3597
102.3414
126.1836
27.3049
45.8476
172.9051
105.1561
133.1477
27.6712
47.4151
174.154
108.6973
140.1521
27.1598
48.786
171.911
112.2113
142.2466
27.0312
52.6462
172.1366
108.7319
140.3379
26.6417
53.7898
178.0407
118.0624
141.2628
27.3804
58.0579
179.9637
121.3073
149.4857
26.2487
60.3894
183.1528
125.1188
153.8793
24.4758
63.6752
185.5985
127.2447
156.2811
24.6534
67.8103
188.0596
127.4474
154.5159
25.1396
70.5788
190.5802
129.1462
158.0109
26.0035
71.5824
193.7505
129.1169
157.8492
26.5638
73.2356
196.6955
130.1615
160.1293
26.9437
75.5599
199.8618
130.9403
160.8436
27.7506
78.6571
201.2705
131.6009
161.9628
28.2176
81.4585
202.2176
132.171
162.3314
28.5251
84.6972
202.1305
132.6925
162.0658
28.9755
87.0351
202.2778
134.4135
161.6782
29.0427
89.704
203.1111
136.8545
161.7187
29.2785
91.9265
204.1963
139.8415
161.0228
29.6361
93.719
204.7469
142.5376
159.9723
30.8958
95.3357
205.1488
144.2315
158.727
31.6695
98.3495
205.9496
146.0315
157.7424
32.0025
101.4717
206.965
148.2217
157.031
32.354
103.9794
208.1442
150.5231
156.2971
32.9911
106.6237
209.4571
152.9325
156.0063
33.5029
108.73
210.9126
155.3327
156.2132
33.9228
110.7334
212.3972
157.9546
156.1682
34.6559
112.4757
214.1719
160.5552
156.4787
35.1186
114.3721
216.1809
163.6482
156.834
35.3777
116.2303
218.2812
166.7443
157.3273
35.3997
118.3113
220.4983
169.6939
157.9992
35.9099
120.2661
222.6843
172.7719
158.5937
36.3403
122.3841
224.8711
175.731
159.2515
36.9486
124.386
227.1875
178.7776
160.0092
37.3624
126.5058
229.4481
181.6015
160.8822
37.9287
128.7693
Sheet1
Column1petroleum and other liquids (including biofuels)natural gascoalnuclearrenewable energy (excluding biofuels)Source:
1990137.226875.280489.249620.356933.8867TableTable A02_liquids. World total energy consumption by region (liquids); Table A02_natural_gas. World total energy consumption by region (natural gas); Table A02_coal. World total energy consumption by region (coal); Table A02_renewables. World total energy consumption by region (renewables); and Table A02_nuclear. World total energy consumption by region (nuclear)
1991138.376576.935383.56921.18334.599Run(WEPS+ Scenario: tPGDPfix_AEO18_Nov30dbs, Datecode: 180104.155422)
1992138.999477.031681.999321.274635.046
1993138.707878.657883.741922.008436.213
1994141.51378.896384.307122.405936.984
1995143.705881.244886.870823.25838.6533
1996147.165283.280489.160324.10839.3697
1997150.287383.45188.022923.880240.017
1998151.503284.157386.853424.307540.1075
1999154.197486.36289.862225.084140.396
2000157.018889.782796.453925.650541.0144
2001158.869890.396897.797226.38340.8996
2002159.379194.0664100.596526.671841.597
2003162.162496.6052108.760726.295442.0688
2004168.1077100.0492118.473427.248944.1598
2005170.3597102.3414126.183627.304945.8476
2006172.9051105.1561133.147727.671247.4151
2007174.154108.6973140.152127.159848.786
2008171.911112.2113142.246627.031252.6462
2009172.1366108.7319140.337926.641753.7898
2010178.0407118.0624141.262827.380458.0579
2011179.9637121.3073149.485726.248760.3894
2012183.1528125.1188153.879324.475863.6752
2013185.5985127.2447156.281124.653467.8103
2014188.0596127.4474154.515925.139670.5788
2015190.5802129.1462158.010926.003571.5824
2016193.7505129.1169157.849226.563873.2356
2017196.6955130.1615160.129326.943775.5599
2018199.8618130.9403160.843627.750678.6571
2019201.2705131.6009161.962828.217681.4585
2020202.2176132.171162.331428.525184.6972
2021202.1305132.6925162.065828.975587.0351
2022202.2778134.4135161.678229.042789.704
2023203.1111136.8545161.718729.278591.9265
2024204.1963139.8415161.022829.636193.719
2025204.7469142.5376159.972330.895895.3357
2026205.1488144.2315158.72731.669598.3495
2027205.9496146.0315157.742432.0025101.4717
2028206.965148.2217157.03132.354103.9794
2029208.1442150.5231156.297132.9911106.6237
2030209.4571152.9325156.006333.5029108.73
2031210.9126155.3327156.213233.9228110.7334
2032212.3972157.9546156.168234.6559112.4757
2033214.1719160.5552156.478735.1186114.3721
2034216.1809163.6482156.83435.3777116.2303
2035218.2812166.7443157.327335.3997118.3113
2036220.4983169.6939157.999235.9099120.2661
2037222.6843172.7719158.593736.3403122.3841
2038224.8711175.731159.251536.9486124.386
2039227.1875178.7776160.009237.3624126.5058
2040229.4481181.6015160.882237.9287128.7693
0.00745177760.01372816280.00072059560.01521364440.02376491792015-2030
0.00915746690.01733026410.00308234360.01248490160.01705934532030-2040
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Projected Production and Demand in the US
• US is projected to continue to import Oil (40%) in the future.• US is projected to export more gas from 1% to 19% of its production by 2040.
This will be done by Liquefaction of Natural Gas (LNG) to -260 degrees F then transporting via insulated vessels.
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Piceance Basin in Colorado
USGS Updates Mancos Shale Gas Assessment
USGS Estimates 66 Trillion Cubic Feet of Natural Gas in Colorado Formati
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Land Map of US
Of the 2.27 Billion acres of Land from the US, 28% or over 600 million acres is controlled by the Federal Government (mostly in the west). This includes BLM, USFWS, NPS, BIA, USFS, and USACE. White shows mostly private land or 72%.
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Past CMU graduates with a concentration in EMGT/Landman
• Many of our students will get positions as a Landman with Brokerage firms, energy companies, pipelines, and utilities.
• Other student grads have gone to work with energy service companies, environmental/regulatory compliance, accounting, finance, marketing/transportation, and field positions in different capacities.–
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Map of where most graduates are working
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What is a Landman?
• A landman is a trained professional who performs work for energy companies, particularly oil and gas companies and coal companies.
• A landman performs one or more of these functions:– Negotiating for the acquisition or divestiture of mineral
rights.– Negotiating business agreements that provide for the
exploration for and/or development of minerals.– Determining ownership in minerals through the research of
public and private records.– Reviewing the status of title, curing title defects and
otherwise reducing title risk associated with ownership in minerals.
– Managing rights and/or obligations derived from ownership of interests in minerals.
– Unitizing or pooling of interests in minerals.
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For whom does a Landman work?
• Oil and gas companies• Pipeline companies• Coal companies• Wind energy companies• For land brokers who provide service to any
of the above• Independent – own business and properties• Advising individuals concerning agreement• Starting salaries for entering Landmen range
from $58K to $74K
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Where does a Landman work?
• In offices of companies• In the field talking to land owners• In courthouses reviewing title• Visiting other companies to negotiate
agreements
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Other Landman Opportunities
• Management of resources• Line management • Alternative energy fields
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Other Energy Management Opportunities
• Servicing energy companies (marketing products and services)
• Environmental and Regulatory Compliance (mitigating impacts from energy development and permitting of energy projects)
• Accounting and Finance (oil&gas accounting, procurement, etc.)
• Marketing/Transportation (sale of Oil&Natural gas, hedging, and midstream/downstream opportunities)
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• Program– 4-year program
– Bachelor of Business Administration• Concentration 30 hours
– Landman/Energy Management
• Syllabi available– Alignment of curriculum with AAPL standards
– Also offer a certificate in the program which requires 4 courses or 12 credit hours with another degree.
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Energy Management/Landman Curriculum –Freshman and Sophomore Courses
• EMGT 101 –Introduction to basic concepts of energy management. Instructor Steve Soychak
• EMGT 201 – Introduction to basic concepts of land management and practices. Instructor Steve Soychak
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Energy Management/Landman Curriculum –Required Courses
• EMGT 340 Energy Industry Fundamentals• Provides energy literacy through a survey of the
sources, distribution and uses of energy, including the evolution of energy from wood fires to coal to oil to the current mix of coal, oil, natural gas, nuclear, hydroelectric, wind, geothermal, biomass, solar and ocean currents and tides. Future energy policy, sources, uses and case studies will be discussed as well as alternative energy sources. Instructor Steve Soychak
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Climate Change was driving Energy Policiy to reduce CO2 emissions, but Americans do prioritize it differently based on Politics
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Svante Arrhenius is one of the Fathers of the Greenhouse Gas Effect
In 1895 to 1900 Arrhenius predicted that the Earth would warm due to increase in CO2 due to primarily to Coal burning. As Arrhenius predicted, both carbon dioxide levels and temperatures increased from 1900–1999. However, carbon dioxide in the atmosphere has increased much more quickly than he expected, but the Earth hasn't warmed as much as he thought it would.
Arrhenius published “By the influence of the increasing percentage of carbonic acid in the atmosphere, we may hope to enjoy ages with more equable and better climates, especially as regards the colder regions of the earth, ages when the earth will bring forth much more abundant crops than at present, for the benefit of rapidly propagating mankind." (p63)
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European Electricity Rates versus Installed Wind/Solar per capita (compare to US)
• http://euanmearns.com/green-mythology-and-the-high-price-of-european-electricity/
Also added estimated US and California electricity rates versus Wind/Solar installed per capita.
CaliforniaUS
• http://a.msn.com/00/en-us/AAmFTd5?ocid=se
http://euanmearns.com/green-mythology-and-the-high-price-of-european-electricity/http://a.msn.com/00/en-us/AAmFTd5?ocid=se
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Energy Management/Landman Curriculum –Required Courses
• EMGT 350 Energy Development, Transportation, and Markets
• Overview of the energy industry domestic and worldwide. Basic energy industry drilling and production terminology, concepts and terms introduced and utilized throughout the course. Issues surrounding business models, upstream, midstream and downstream discussed in detail. Instructor Steve Soychak
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Energy Management/Landman Curriculum –Required Courses
• EMGT 355 Landman Geo-Petroleum Engineering
• Petroleum engineering fundamentals. Properties of reservoir rock, single phase fluid flow through porous media, surface forces, fluid saturation, and completion technology. Evaluation of petroleum reservoir field data. Instructor Steve Soychak
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Energy Management/Landman Curriculum –Required Courses
• EMGT 355 Landman Geo-Petroleum Engineering
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Energy Management/Landman Curriculum –Required Courses
• EMGT 360 Real Property, Oil and Gas Law
• The body of case law surrounding oil and gas leases and leasehold interests, mineral titles, concurrent ownership and split estates, and governmental regulation of mineral development, including pooling and unitization of oil and gas leases. Instructor Nate Keever
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Energy ManagementLandman Curriculum –Required Courses
• EMGT 410 Energy Regulation and Compliance
• The body of law surrounding governmental regulation of mineral development, including environmental liability, diligent and prudent operations, contractual risk allocation, and regulatory case studies. Instructor Steve Soychak
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Energy Management/Landman Curriculum – Required Courses
• EMGT 440 Energy Land Practices I• Imparts mastery of the fundamental
concepts and terminology related to real property law. Application of concepts to situations occurring in the energy environment as land is found, purchased and developed for use. Instructor Bryan Hotard.
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Energy Management/Landman Curriculum –Required Courses
• EMGT 450 Energy Land Practices II• Imparts mastery of the fundamental
concepts and terminology related to real property law. Application of concepts to situations occurring in the energy environment as land is found, purchased and developed for use. Instructor Bryan Hotard.
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Energy Management/Landman Curriculum –Required Courses
• EMGT 494 Energy Senior Seminar• Legal, economic, environmental, and
national security issues surrounding the energy industry. Alternative energy sources and other current issues in energy management. Prerequisite: EMGT 340. Instructor Dave Ludlam
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• Strength of program– Proximity to multiple energy sources– Within two hours………
– Piceance Basin (Natural Gas deposit is World Class Asset and Oil Shale Deposit is largest in the world)
– Coal Mining (NW CO and the North Fork Valley)– 5th largest Uranium deposit in US– Solar Power (GJ and Rifle)– Wind Farms (Outside of Walsenburg 5 hours)
• Numerous energy student tours
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Advisory Board Members
• Chuck Shear, CPL• Dennis Randleman, CPL• Stephen Smith, Landman/Business owner• Jim Colosky, JD• David Ludlam, WSCOGA• Steve Soychak, Program Director, PE• Dr. Stephen Norman, Head of Business Dept.
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CMU Landman/Energy Management was accredited by AAPL in September 2017For Energy Management/Landman
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AAPL Accredited Programs
Land and Energy Management Program Energy Management Program
Professional Land Management ProgramEnergy Land Management Program
UndergraduateEnergy Management ProgramMasters of Energy Business
Program
Energy Commerce Program
Energy Land Management Program Energy Management Program Energy Management Program
College of Law
Master of Science: Energy ManagementMaster of Science: Energy Legal Studies
Energy Management Program Professional Land & Resource Management Program
Landman Energy Management Program
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CMU EMGT StudentsFeatured in Black HillsE.Connections Newsletter
Friday, Sept. 9, 2016Learning curvesBy John Benton, VP and GM, Black Hills Exploration & Production
Steven Soychak, program director of the Energy Management/Landman program at Colorado Mesa University, and four of his students recently toured one of our Mancos horizontal well-pads near Debeque, Colorado, the Pueblo Airport Generating Station and the Busch Ranch Wind Farm.
“It was truly an eye-opening and educational experience for all of us,” Soychak said. He also said the students gained a much better understanding of each primary source of electricity and how they interact to provide consumers with affordable energy, as Black Hills works towards meeting the Colorado mandate of a 30 percent renewables portfolio by 2020.
The bachelor’s degree in Energy Management/Landman allows Colorado Mesa University to play an integral role in the developing energy industry worldwide. Students will have the opportunity to acquire business knowledge and skills, as well as a basic understanding of geology, engineering, environmental sciences, marketing, energy management and Landman.
This program was initiated in 2007. Today, 56 students are enrolled in the Energy Management/Landman program. The majority of graduates are employed in the oil and gas industry, with some in renewables and utilities. The faculty’s practical and field experience contributes to the students receiving a hands-on education that will help prepare the students for the challenges that lie ahead for the energy industry.
Black Hills employees helping to arrange and coordinate the visit were John Benton, Chris Burke, Kevin Hall, Paul Hanna, Gary Stripling and George Tatar.
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900 acre Solar Farm in Pueblo, Colorado, 126 MW produces at about a 27% CF
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Power Density results from different power sources in Colorado
Fuel Power Density (W/M^2)Vaclav Smil
Colorado Power Density Findings
Gas 200--2,000 1700-4000Coal 100--1,000 560Solar (concentrating)
4--10
Solar (PV) 4--9 9Wind 0.5--1.5 40Wood 0.5--0.6
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Be careful what you ask for when increasing renewables on Public lands (used to be 13 wind turbines provided the same amount
of energy/power as 1 gas well equiv in mid 2000s)
Approximately 16 Gas wells off of I-70 in the Parachute area with less than 2 acres disturbance which produce as much energy as wind power below.
Approximately 200 wind turbines in California outside of Palm Springs
Power Density by Vaclav Smil
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Summer Intern Project 2016 (RU 23-5 Drone Flyover) Power Density and Electrical Sources in Colorado(Willow Sanders, Jon Cira, & Brett
Payton)
Reclamation reduces footprint of 40 well pad & road from 13 acres to 5 acres
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Comparison of gas well disturbance on 400 acres w/new pad drilling
400 acres with 20 acre surface disturbanceOld Style Rigs
400 acres with 40 well padNew Flex Rig 4S
Black Hills Natural Gas Combined Cycle Power Plantsoutside of Pueblo
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Energy Management/Landman Club
• Landman Energy Management Club meets once every month. Some past and upcoming events for the Club.
• Recent Club events were Colorado Oil and Gas Energy Summit past August, NAPE Conference in Houston on February 6th-9th networking with energy companies on Prospects and setting up CMU Energy Management/Landman Booth.
Energy Management/Landman Club
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• LEM Club– Recognized Club on campus– Active Club– Meets monthly– Fundraises to allow students to attend industry
events• Trap Shoot• Golf Tournament
– Guest speakers– Recruits new LEM students– Facilitates networking industry events (WSCOGA
annual banquet, NAPE, Beaver Creek)
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LEM CLUB OFFICERS
• President – Kelly Smallwood• Vice President – Travis Vineyard• Secretary – Kelsey Pyle/Toni Booth• Treasurer – Clayton Harrison• WSCOGA Rep/Alum – Kasey Emrich• Recruitment Chair – Ryan Smallwood
–Advisor Steve Soychak & Dr. Morgan Bridge
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Recent EMGT/Landman Student Events
NAPE Conference, Denver, Oct. 2016 Global Energy Forum, Beaver Creek, Jan. 2017
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Recent EMGT/Landman Student Events
NAPE Conference, in Houston on February 12th through 15th
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CMU Landman/Energy Management Program Hosts:
Thomas Hager Friday, February 23rd at 12-1:30 PM in room 213,
2nd floor of the University Center
Come meet and interact with Oregon resident and renowned author Thomas Hager. Hager has published 11 books and has more than 100 published articles and features in popular media sources. Hager will discuss one of his most popular books: The Alchemy of Air; of which has been nominated for many awards and was named one of the “Best Books of the Year” by Kirkus Reviews.
Admission: LEM Club Students, invited Business faculty, invited Students (Chemistry and Engineering) and invited Chemistry/Engineering faculty. Please note this event is invite only. PIZZA provided for Lunch..
Recent EMGT/Landman Student Events
CMU Landman/Energy Management Program Hosts:
Thomas Hager
Friday, February 23rd at 12-1:30 PM in room 213, 2nd floor of the University Center
Come meet and interact with Oregon resident and renowned author Thomas Hager. Hager has published 11 books and has more than 100 published articles and features in popular media sources. Hager will discuss one of his most popular books: The Alchemy of Air; of which has been nominated for many awards and was named one of the “Best Books of the Year” by Kirkus Reviews.
Admission: LEM Club Students, invited Business faculty, invited Students (Chemistry and Engineering) and invited Chemistry/Engineering faculty. Please note this event is invite only. PIZZA provided for Lunch..
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LEM Club sponsored Steve Goreham in February & is looking into Judith Curry in Fall2019
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Recent EMGT/Landman Student Events
Recent AAPL/DAPL meeting in Denver this past June/Oct 2018
Field Trip last year in Parachute ofHelmrich & Payne Flex Rig 4-S
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Scholarships Awarded past semester and future for this semester
• AAPL awards (due to accreditation last year)– 2 Scholarships last year and 6 awarded this year.
• 2 Energy Scholar Award (Shear Family)
• Energy Scholar Award (Athletic award WSCOGA)
• Women in Energy Scholar Award.• Increased Scholarships $22,000 to
$44,000 per school year (2 semesters)
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Questions?
• Contact Steve Soychak, [email protected], 248-1246, DH 301H
mailto:[email protected]
Landman/Energy Management�Colorado Mesa UniversitySteve Soychak Bio I share to studentsSlide Number 3Projected Demand of World EnergyProjected Production and Demand in the USPiceance Basin in ColoradoLand Map of USPast CMU graduates with a concentration in EMGT/LandmanSlide Number 9What is a Landman?For whom does a Landman work?Where does a Landman work?Other Landman OpportunitiesOther Energy Management OpportunitiesSlide Number 15Energy Management/Landman Curriculum – Freshman and Sophomore CoursesEnergy Management/Landman Curriculum – Required CoursesSlide Number 18Slide Number 19European Electricity Rates versus Installed Wind/Solar per capita (compare to US)Energy Management/Landman Curriculum – Required CoursesEnergy Management/Landman Curriculum – Required CoursesEnergy Management/Landman Curriculum – Required CoursesEnergy Management/Landman Curriculum – Required CoursesEnergy ManagementLandman Curriculum – Required CoursesEnergy Management/Landman Curriculum – Required CoursesEnergy Management/Landman Curriculum – Required Courses Energy Management/Landman Curriculum – Required CoursesSlide Number 29Advisory Board Members AAPL Accredited ProgramsSlide Number 33Slide Number 34 Be careful what you ask for when increasing renewables on Public lands �(used to be 13 wind turbines provided the same amount �of energy/power as 1 gas well equiv in mid 2000s)Summer Intern Project 2016 (RU 23-5 Drone Flyover) �Power Density and Electrical Sources in Colorado(Willow Sanders, Jon Cira, & Brett Payton)Slide Number 38 Energy Management/Landman ClubSlide Number 40LEM CLUB OFFICERSRecent EMGT/Landman Student EventsRecent EMGT/Landman Student EventsSlide Number 44Slide Number 45Slide Number 46Scholarships Awarded past semester and future for this semesterQuestions?