PTTC's technology-transfer programs help small independent producers reduce costs, improve operating efficiency, increase ultimate recovery, enhance environmental compliance, and add new reserves. During a recent period when 1,266 million barrels of oil equivalent were realized by industry in 11 selected technology areas, 88 million barrels of that total could be attributed to PTTC's technology-transfer activities. (FY04 Annual Report)
Between FY2000 and FY2006, PTTC was involved in more than 140 workshops per year, drawing an average 6,000 attendees each year. Repeat attendance, which is a strong measure of customer satisfaction and value delivered, remained above 50%. More than 85% of attendees came from the E&P industry. Forty percent of workshop attendees answering a question about "applying technology they learned about at least partially through PTTC" indicated they were doing so. Due to funding insecurities and PTTC’s survival efforts, activities and therefore results were lessened in FY2007. PTTC participants did continue though, to provide regional activities and most subcontracts remained intact as PTTC transitioned. PTTC’s focus throughout FY08 was on (1) completing restructuring, (2) restarting the regional workshop program, and (3) implementing a business development plan. While doing all this, PTTC also communicated to industry that it still existed and, with an AAPG-managed organization, had resources to pull from to reasonably be there for the future. During FY09 PTTC is focusing on maintaining regional activity level, increasing revenue from attendee fees, and realizing funding from other than its primary tech transfer grant with DOE.
PTTC’s contact activity grew steadily from inception through FY2005-FY2006, exceeding 30,000 per year in those years. There was a significant decrease during FY2007 with the disruption of activities caused by the funding uncertainty. Operating under the AAPG-managed PTTC, the regions are once again conducting an active workshop program. PTTC continues to “connect” individuals through its Internet information system and other communication activities. Communication activities include a national newsletter, e-mail technology alerts, Tech Connections column in The American Oil & Gas Reporter, and an active conference exhibit schedule.
PTTC serves as DOE’s main outreach program for U.S. independent oil and gas producers, continuously developing its technology transfer in all areas of the country and expanding its role as a liaison between the R&D community and independents. PTTC provides about a 45% cost share to the program, mostly derived from State universities and geological surveys.
Through regional offices, PTTC identifies operators’ needs and barriers to production, provides technical assistance, maintains resource centers, and interfaces with DOE program officials to assist with planning, evaluation and stakeholder feedback.
PTTC’s most important products and services include:
- Workshops that provide real-world solutions targeted to specific constraints.
- Regional Resource Centers with technical referral assistance to service companies/consultants and demonstrations of E&P software.
- Website networks linking national and regional websites and other technical resources.
- Publications and information products, including a national quarterly newsletter, case studies published monthly in Petroleum Technology Digest in World Oil magazine, the Tech Connections column published monthly in American Oil and Gas Reporter magazine, and frequent e-mail Tech Alerts with industry, DOE, and PTTC highlights.