Shale Shaker Vol 72, No 1 January-February 2021

Shale Shaker Vol 72, No 1 January-February 2021

$15.00 U.S.

THE JOURNAL OF THE OKLAHOMA CITY GEOLOGICAL SOCIETY

VOLUME 72

Number 1

~ January | February 2021 ~

A Preliminary Geochemical Investigation into Shales and Oil-Stained Sands from the Simpson Group in the Anadarko Basin

And Much More

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The Journal of the Oklahoma City Geological Society Volume 72 Number 1

The Shale Shaker The Shale Shaker is published under the oversight of members of the OCGS Publications Committee, who are responsible for all of the editorial and technical content. Publication production assistance provided by: ART DIRECTOR, PRODUCTION AND DESIGN Theresa Andrews, Visual Concepts and Design, Inc. [email protected] OCGS Board Officers Patrick Kamann President & Sponsorship Committee Devon Energy James Van Alstine Vice President & Shale Shaker Committee Co-Chair Independent Drew Dressler Treasurer, Finance Committee Chair Devon Energy Cole Hinds Secretary, Scholarship Committee Independent Rosie Gilbert Finance Committee & Education Committee Continental Resources Raleigh Blumstein Education Committee Co-Chair Independent Chris Wiggers Education Committee Co-Chair Commission of Land Galen Miller Social Function Committee Independent Jon Voyles Social Media Chair & Website Chair Independent Mike Kumbalek Shale Shaker Committee Co-Chair Independent

Steve Ladner Past President Ladner Consulting Garin Wente Membership Committee Chair Epoch Resources Directors Lesley Evans Councilor & Governance Committee Chair Independent

AAPG House of Delegates Michael Bone AAPG Mid-Continent Section Representative John Brett OCGS OFFICES 3409 S. Broadway, Suite 804 Edmond, OK 73013 Phone: (405) 235-3648 | Fax: (405) 235-1766 Website: www.ocgs.org Staff Michelle Hone [email protected]

January ~ February 2021 | Page 1

The Journal of the Oklahoma City Geological Society Table of Contents

Shale Shaker Features

4 Welcome to 2021; Patrick Kamann, President, OCGS Board of Directors

12

Announcement - Technical Meeting, Hansel J. Gonzalez

6

Thanks and Introductions; Co-Editors Mike Kumbalek and James Van Alstine

14

A Preliminary Geochemical Investigation into Shales and Oil- Stained Sands from the Simpson Group in the Anadarko Basin; R. Paul Philp and Carl Symcox, School of Geology and Geophysics, University of Oklahoma

8

OCGS Membership/New Members

8

OCGS Up-Coming Events

9

Announcement - Spring Sporting Clays

26

State of the Industry; Mike Kumbalek

10

Announcement - Technical Meeting, Dr. Andrew Cullen

28

Advertisers Index

About the Cover Theresa Andrews created the cover of the Shale Shaker. COVER PHOTO: Arbuckle mountains outcrop along I-35.

Page 2 | Volume 72 Number 1

C

C R A W L E Y P E T R O L E U M

Turning Prospects into Production

105 N. Hudson, Suite 800 Oklahoma City, OK 73102 (405) 232-9700

Allen Peacock [email protected]

January ~ February 2021 | Page 3

Letter from the OCGS President

By: Patrick Kamann, President, OCGS Board of Directors

Board Members 6. Raleigh Blumstein – Education Committee Co-Chair 7. Rosie Gilbert – Education 8. Mike Kumbalek – Publication Committee Chair 9. Steve Ladner – Past President, Sponsorship and Membership Committee 10. Galen Miller – Social Committee Chair 11. Joe Voyles – Website and Social Media Committee Chair 12. Garin Wente – Membership Committee Chair 13. Chris Wiggers –Education Committee Co-Chair I would like to personally say thank you to all the individuals above for volunteering their time and talents to help the Society grow in 2021. We hope 2021 proves to be an exciting year. Not only do we an- ticipate the pandemic will subside and life will return to some normalcy, but we will also be celebrating our 100th anniversary. In the first half of the year, we will main - tain our virtual luncheon series and out- door social events. Be on the lookout for the Spring Sporting Clays Tournament on March 26th. In the second half of the year, we hope to get some instructors back for in-person continuing education courses. Finally, I would like to invite you to con- sider donating some of your time to the Society in 2021. The success and growth of our Society relies on individuals, like you, who donate their time and talents. We have several events that need volun- teer support and committees that could benefit from new ideas. Please consider getting involved by volunteering at an event or participating on a committee. I can’t think of a better way to grow your professional network and to give back to the geoscience community. If you are in- terested in joining one of the committees below, please reach out to Michelle Hone at [email protected]. Committee and Finance Committee

1. Education Committee – Responsible for organizing our luncheon talks and continuing education courses 2. Publication Committee – Responsible for finding and assembling the Shale Shaker content 3. Website and Social Media Commit- tee – Responsible for maintaining our webpage and keeping our social me- dia sites active 4. Social Committee – Responsible for planning and coordinating our net- working events 5. Sponsorship Committee – Respon- sible for attracting Society Sponsors and maintaining relationships 6. Membership Committee – Respon- sible for maintaining and attracting new members 7. Finance Committee – Responsible for providing oversight of the Societies finances and making budget recom - mendations to the board 8. Scholarship Committee – Responsi- ble for coordinating and granting the Field Camp Scholarships 9. Governance Committee – Responsi- ble for attracting new members to the board and guiding the board on areas to improve I want to personally say thank you to all the individuals who have helped the Soci- ety over the past years. The success and strength of the Society is directly related to your belief in a strong geoscience com- munity. Whether you are new to the Soci- ety or have donated your time in the past, please consider donating some of your time to the Society in 2021. Even if you can only give an hour or two, I promise you will meet new friends and strengthen your professional network. Patrick

Patrick Kamann

Welcome to 2021 I would like to welcome everyone to a new year. A year ago, we were anticipat- ing oil prices to increase, the economy to grow, and we hadn’t heard of COVID-19. As you know, 2020 turned out to be a very different year. People are looking to move beyond the pandemic, and I don’t believe I have ever felt the spirit of hope and re- newal so alive and prevalent in the new year. This same spirit is alive in the Soci- ety. We have several new board members who are excited about growing our mis- sion to provide quality continuing educa- tion and networking opportunities. In the January Board meeting, we finalized offi - cer elections and committee chairs. Here is a summary of our current board: Officers 1. Drew Dressler – Treasurer and Finance Committee Chair 2. Lesley Evans – Councilor and Governance Committee Chair 3. Cole Hinds – Secretary and Scholarship Committee Chair 4. James van Alstine – Vice President and Publication Committee 5. Patrick Kamann – President and Sponsorship Committee Chair

Page 4 | Volume 72 Number 1

January ~ February 2021 | Page 5

By: Mike Kumbalek, Co-Editor & James Van Alstine, Co-Editor Letter from the Editor

our rocks in Oklahoma, my very first pub - lication was my master's thesis here in the Shale Shaker and was a look into paleo- karst sinkholes in the Viola Limestone in the Arkoma Basin. I am looking forward to getting back in touch with Oklahoma geology with this role and to increase my participation within the OCGS. James: For those that do not know me yet, I started my Oil & Gas career as a geophysicist first with Schlumberger down in Houston in their software di- vision (2001-2006) and then later with Chesapeake Energy (2006-2020) where I had the incredible opportunity to develop extensive basin-scale to prospect-level structural and stratigraphic interpreta- tions across most all of North America. I worked in great detail in the Appalachian Basin, the Gulf Coast trends and all of the Mid-Continent basins, and translated those interpretations into successful drill- ing opportunities. Now, since the start of the new year, I am looking to build upon the skills that I learned through all those exploration and mapping efforts through my own consulting company, VanAlstine Geosciences. I am honored to be given the opportunity to help on the Shale Shak- er, to be able to work more closely with our Oklahoma City geoscience communi- ty and to hear your thoughts and ideas on Oklahoma Geology and beyond. Thank you. I look forward to talking with you more in the coming months. Mike & James

Mike Kumbalek

James Van Alstine

Thanks and Introductions This issue marks the beginning of a new team for the Shale Shaker with James and I taking over the Editorial reins from Dan Costello. It is an honor to be given this task and we will do our best to maintain the same high level of quality and detail for the upcoming volumes as you have come to expect from the work that Dan has provided in the past. Dan’s work on the Shale Shaker as Editor was exemplary and we want to take this opportunity to say thank you to him for all of the time and effort he put into each and every volume. He set a high bar for us to reach going for- ward, but we are confident we can do so and we look forward to working with you, our peers and colleagues, to help continue this important tradition of providing great educational and entertaining articles in the months to come. Since your thoughts and

contributions are at the heart of the Shale Shaker, we ask that if you have articles or ideas that you would like to contribute and see published to please contact us and send them our way. ([email protected] & [email protected]) A little about us Mike: I started my career at Devon En- ergy (2015-2020) where I was fortunate to work in the Delaware Basin and then the Powder River Basin. During this time, I was able to be a part of active drilling programs and asset management. I feel fortunate I was able to be close to the drill bit and get to drill some of my own picked locations for Devon. Being able to create your maps and to deploy capital to prove your geologic concepts is what makes this profession exciting and rewarding. While my professional career hasn’t dealt with

Travis Wilson Bluestem Resources, LLC Consulting Geophysicist 2D & 3D Seismic Interpretation

Kathy Lippert

Geological Mapping & Prospect Generation [email protected] 405.229.6563 3750 W. Main, Suite #230 Norman, OK 73072

405.848.3750 fax: 848.5932 cell: 229.4070

1000 W. Wilshire Blvd.

Suite 345

email: [email protected] www.gsenvironmental.com

Oklahoma City, OK 73116

Page 6 | Volume 72 Number 1

CONTINUOUSLY IMPROVING

We’re proud to highlight our efforts to set high standards as a neighbor, community partner, environmental steward and employer. It’s all in our new Sustainability Report. devonenergy.com/sustainability

@DevonEnergy

January ~ February 2021 | Page 7

OCGS Membership & New Members

SOCIETY MEMBERSHIP _____________________________________________________________________________ As of 2/5/2021 OCGS 260 Active 46 Associate 11 Emeritus 9 Honorary 2 Students ______ 328 TOTAL NEW MEMBERS _____________________________________________________________________________ JAY SKINNER UNIVERSITY OF OKLAHOMA JANE VERRET GEOMARK RESEARCH

JOHN FORTIER SILVERHORNE SEISMIC, LLC

KALEB EUSEPPI MAP ENERGY

CANDACE JONES

UPCOMING EVENTS February 17, 2021 12:00-1:00 PM TECHNICAL MEETING “Visualizing Risk to Reduce Bias and Improve Decision Making: My Favorite Diagrams” Dr. Andrew Cullen The Meeting Will Be A Virtual Meeting/Webinar. March 17, 2021 12:00-1:00 PM TECHNICAL MEETING “Theory and Applications of Wave-Equation-Based AVO Seismic Inversion, WEB-AVO” Hansel J. Gonzalez The Meeting Will Be A Virtual Meeting/Webinar. March 26, 2021 12:00-1:00 PM SPRING SPORTING CLAYS Quail Ridge Sporting Clays - 2401 S. Mcloud Rd (Hwy 102 North) Mcloud Ok

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Announcement

SPRING SPORTING CLAYS!!! SPONSORSHIP LEVELS BELOW FRIDAY MARCH 26, 2021 8:00 am - 12:00 pm QUAIL RIDGE SPORTING CLAYS

2401 S MCLOUD RD (HWY 102 NORTH) MCLOUD OK COST: $100 PER PERSON/$400 PER 4 MAN TEAM NOTE: TEAM MEMBERS DO NOT HAVE TO BE OCGS MEMBERS DEADLINES: LAST DAY TO REGISTER – MONDAY, MARCH 22, 2021 LAST DAY TO BE A GUARANTEED SIGN SPONSOR – MARCH 18, 2021 LINK TO REGISTER: https://www.ocgs.org/events/m.calendar/51/view/385 2021 SPONSORSHIP LEVELS GOLD SPONSOR $1,500 4 FREE ENTRIES TO SHOOT GOLF CART RENTAL RAFFLE PRIZE RECOGNITION SPONSOR SIGN RECOGNITION AT 3 SHOOTING STATIONS SPONSOR BOARD RECOGNITION AT CHECK IN SHALE SHAKER RECOGNITION

TEAM SOUVENIR CUPS SILVER SPONSOR $1,000 4 FREE ENTRIES TO SHOOT GOLF CART RENTAL SPONSOR SIGN RECOGNITION AT 2 SHOOTING STATIONS SPONSOR BOARD RECOGNITION AT CHECK IN SHALE SHAKER RECOGNITION BRONZE SPONSOR $750 4 FREE ENTRIES TO SHOOT GOLF CART RENTAL SPONSOR SIGN RECOGNITION AT A SHOOTING STATION SPONSOR BOARD RECOGNITION AT CHECK IN SHALE SHAKER RECOGNITION

January ~ February 2021 | Page 9

Announcement

TECHNICAL MEETING FEBRUARY 17 , 2021 12:00-1:00pm Dr. ANDREW CULLEN Warwick Investment Group

“Visualizing Risk to Reduce Bias and Improve Decision Making: My Favorite Diagrams” THE MEETING WILL BE A VIRTUAL MEETING/WEBINAR LINK TO REGISTER: https://app.livestorm.co/oklahoma-city-geological-society-1/february-technical-luncheon-dr-andrew-cullen ABSTRACT: All businesses and individuals make countless decisions daily. The oil and gas business is no exception. We often decide swiftly, barely aware of making these decisions because our intuitive minds fill in knowledge gaps to construct a coherent narrative aligned with prior experiences, a form of the confirmational bias heuristic; the Past is the Key to the Present is the converse of the Doctrine of Uniformitarianism. While this heuristic can ease the burden of overthinking a decision, it leads to bias in decision making that is commonly compounded by the affect heuristic that introduces motivational bias to favor one’s own projects, e.g. , propose a downspacing in Oklahoma, build leasehold the Williston Basin, join a wildcat in the GOM, expand pipeline capacity in Texas, sell assets in Ohio, or buy a stake in a Nebraska wind farm. When deciding which projects to fund and how capital will be apportioned between them, it is imperative that decision makers trust that each project has been evaluated with a consistent methodology and that the projects selected represent an unbiased portfolio. This talk reviews some of the heuristics and traps that can cloud decision making and then presents three diagrams that enable visualization of the assessment of risk & uncertainty. These tools can help reduce the frequency and magnitude of poor decisions by reducing bias and helping communicate the degree of uncertainty. My favorite three diagrams are 1) the Maastricht Template (Shell), 2) the Fourfold Pattern (Kahneman & Tversky), and 3) the Truth-Lie-Ignorance Ternary (Cullen) . The utility of these diagrams will be examined using examples of equity determinations, bid round valuations, brokered sales packages, and reserves write-downs . These tools can be used far beyond the oil and gas business . Whether buying a house, selling stocks, or funding research projects, sustained success favors those who make decisions with an unbiased balanced vision. BIO: Andrew is the Senior Vice President of Geology at Warwick Investments Group, a position held for six years. Over the last 40 years Andrew’s lineage runs through Chesapeake, Shell International, EOG, Altex Oil, Clear Creek Silver Company, and Energy Reserves Group (Minerals Division). Andrew holds B.Sc., M.Sc., and Ph.D. degrees in geology from the University of Oklahoma and the University of Oregon. He is first author on more than a dozen peer-reviewed publications primarily from field-based studies on Borneo, Papua New Guinea, the Galapagos Islands, and Oklahoma. Dr. Cullen is an adjunct professor at the University of Oklahoma in the College of Law. He formerly chaired the Alumni Advisory Council for OU’s School of Geosciences and has also served on the Oklahoma City Geological Society’s board of directors. Since moving back to Oklahoma ten years ago Dr. Cullen has contributed more than twenty short technical

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articles to the society’s bi-monthly magazine, The Shale Shaker. Andrew has been a reviewer for the American Association of Petro- leum Geologists’ Grants-In-Aid program for 15 years, was an invited speaker at AAPG’s Play Maker forum, and was a co-organizer of a Hedberg Conference on Tropical Deltas. In the last two years, Andrew has reviewed submittals to the Journal of Asian Earth Sciences, Tectonics, and Earth Science Reviews. Dr. Cullen’s current research is focused on evidence for volcanic triggering of Late Devonian mass extinctions in the Woodford Shale, re-interpretation of the Meers fault in SW Oklahoma, and new play development in SE Oklahoma.

January ~ February 2021 | Page 11

Announcement

TECHNICAL MEETING MARCH 17, 2021 12:00-1:00PM HANSEL J. GONZALEZ Operations Manager, Delft Inversion Delft, The Netherlands “Theory and Applications of Wave-Equation-Based AVO Seismic Inversion, WEB-AVO” Link to register: https://app.livestorm.co/oklahoma-city-geological-society-1/march-technical-luncheon-dr-hansel-gonzalez ABSTRACT: In the E&P industry, AVO inversion is a well-established methodology to derive reservoir properties from seis- mic >Page 1 Page 2 Page 3 Page 4 Page 5 Page 6 Page 7 Page 8 Page 9 Page 10 Page 11 Page 12 Page 13 Page 14 Page 15 Page 16 Page 17 Page 18 Page 19 Page 20 Page 21 Page 22 Page 23 Page 24 Page 25 Page 26 Page 27 Page 28 Page 29 Page 30 Page 31 Page 32

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