HGS General Dinner - Iraq Hydrocarbon Potential

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Total Seats: 100 Reserved: 78

Monday, November 11, 2013
Westchase Hilton • 9999 Westheimer
Social Hour 5:30–6:30 p.m.
Dinner 6:30–7:30 p.m.
Cost: $30 Preregistered members; $35 non-members/walk-ups

To guarantee a seat, you must pre-register on the HGS website and pre-pay with a credit card.  You may walk up and pay at the door if extra seats are available.  Please cancel by phone or email within 24 hours before the event for a refund.  Online & pre-registration closes Monday, November 11, at 5:00 a.m.

Speaker:  Harry T. “Bud” Holzman, Jr.
U.S. Army (retired)

Iraq Hydrocarbon Potential

There is a huge potential for Permian and Jurassic production in the southern part of Iraq, adding that the Cretaceous, Jurassic, Triassic and Permian is also very attractive in the north. The Paleozoic, Silurian and Ordovician, is expected to be productive in the west. There have been several recent major discoveries in Kurdistan in the last two years.  Out of the 3,000 wells drilled in Iraq; there are less than 150 holes drilled into the Jurassic or deeper. Most wells are less than 10,000 feet deep.

A major obstacle to production in Iraq is the horrendous condition of the infrastructure. Most everything is broken or stolen, including pumping stations and compressors. Most of the water flood projects had broken down, especially in Kirkuk and in the southern part of the country.

Oil field workers were re-injecting processed crude and residual oil back into the sands and carbonates because there was no other place for it. This procedure likely damaged the reservoirs. The other major obstacle is security, especially in western, central and southern Iraq. The security situation in the Kurdish region is considerably better.

There are over 400 2-D structures that have not yet been drilled. This 2-D data was acquired by majors and the Iraq government in the late fifties, sixties and early seventies.

To put Iraq into perspective, the country is the size of Texas with approximately only 3,000 wells drilled. The recent bidding process for service contracts to develop the large fields in Iraq was somewhat a success. All of the majors wanted to be involved in the future exploration of Iraq, even it means accepting marginal terms today on the development contracts. The bidding for exploration blocks was not a success, due to the poor terms offered by Baghdad. Kurdistan is doing far better in their effort to attract oil companies into their region. This is due to the PSA type of contracts offered for exploration blocks.

Biographical Sketch

Harry T. “Bud” Holzman Jr. left college to join the U.S. Marines in 1966 and later transferred to the Army to become a helicopter pilot, serving in Vietnam where he flew Huey helicopters and gunships.   His decorations include the Legion of Merit, Distinguished Flying Cross, two Purple Hearts, Bronze Star, 40 Air Medals, Command Master Pilot’s Wings, Combat Action Badge, Vietnamese Cross of Gallantry and several others. He left active duty in 1971 and joined the Texas National Guard where he says he “got to fly helicopters for free.

After graduating from Trinity University in 1974, he went to work for Geomap as a geologist and stayed with that company for the next 26 years, where he eventually became its president.

Bud transferred from the Texas National Guard to the U.S. Army Reserves in 1976 in order to serve as a medical evacuation helicopter pilot in Houston. In 2000, Holzman was called to active duty, received special training and was deployed to Iraq in 2004. He was assigned as the “Chief Analyst-Iraq Oil and Gas Infrastructure.”

In that capacity Holzman authored numerous – mostly classified – papers on Iraq future reserves and exploration potential of the country. He also has worked with the Iraq Oil Ministry and government agencies to rebuild their infrastructure,  He retired in 2008 from the Army after 41 years and works as a geological consultant in San Antonio, Texas.

 

Vendor Corner

PGA (Petroleum Geological Analysis Ltd) offers consulting services and Multi-Client regional petroleum exploration reports with a focus on Iraq. The reports are based on extensive petrographic and organic geochemical analyses and include an on-line database of 60+ well composite logs (Iraq Petroleum Geology Resource Centre, 2013). Find details at http://www.pgal.co.uk.

 

November 11th, 2013 5:30 PM   through   7:30 PM
Westchase Hilton
9999 Westheimer Rd
Houston, TX 77042
United States
HGS Member $ 30.00
Non-Member $ 35.00
Emeritus/Life/Honorary $ 15.00
Student $ 0.00
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Contact Mike Deming
Contact Phone 713-503-1751
contact Email michael.deming@deepwater.com
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