Minutes of Meeting
Oklahoma Energy Resources Board
May 10, 2016

A meeting ofthe Oklahoma Energy Resources Board was held Tuesday, May 10, 2016 at 10:00
am. at the OERB offices, 500 NE 4?h St., Suite 100. Oklahoma City, OK.

Notice of regular meeting and tentative agenda was posted for public view at the OERB main
office on Friday, May 6, 2016.

MEMBERS PRESENT: Mark Aebi, Phil Cook, Bill Gifford. Wade Hutchings, Ronnie lrani.

Rusty Johnson, David Le Norman, Mike McDonald, Danny Morgan, Tim Munson and Hearne
Williford.

MEMBERS ABSENT: Doug Johnson, Robert Johnston, Tony Maranto, Julie Musselman.
Garrett Phelan, John Pilkington, Jr. and Will Whitley.

MEMBERS RESIGNED AND NOT REPLACED: Clay Gaspar. Tom Goresen and JD
Holbird.

OTHERS PRESENT: Mike Terry (OIPA President) Phil Spurlin (Beacon Environmental),

Dave Thomas, Holly Gray and Abby Coppinger (Brothers Co.) and David Woolf (Laredo
Petroleum).

CALL TO ORDER
Chairman Morgan called the meeting to order at 10:01 am.

ATTENDANCE In the absence of Secretary Musselman, Munson called the roll and reported
that a quorum was present.

MINUTES - Munson motioned to approve the March 2016 minutes as submitted. R. Johnson
seconded the motion and the motion carried by a vote of 1 1 and 0 nay.

Director?s Report Stitt gave the Director?s report (attached).

COMMITTEE REPORTS

EXECUTIVE COMMITTEE Morgan asked Stitt to review the proposed committee
and five?year budgets. Stitt reviewed the proposed 7 five-year budget and each committee

chair (or substitute) reviewed their respective budgets (attached) with the Board. A breakdown
of each committee?s budget was provided.

Stitt reviewed the proposed OERB ?ve?year budget and stated that the estimated prices were
based on 80% of NYM EX. Stitt stated that the carry forward at the end of the five?year budget is
estimated at $11.5 million. Stitt proposed a 6 million dollar environmental budget for 
with refunds estimated at 15%. Stitt added that the refunds for the current ?scal year were just

under 16% and the only other time refunds were as high as 15% was in FY-09. Every other year
they were well under 15%.

McDonald reviewed the proposed administrative budgets for the OERB and SOER. McDonald
stated that actual expenses for are less than estimated by approximately $145,000 for the
OERB and $49,000 for SOER. McDonald explained that salaries were down due to a vacant
position and the staff did a good job of keeping operating expenses low. McDonald added that
more will be spent on salaries in due to all staff positions being ?lled, but the total
budgets are still less than the current year?s budgets.

MOTION: R. Johnson motioned to accept the administrative budgets for the OERB and SOER
as recommended by the Committee. Irani seconded the motion and the motion passed by a vote
ofl and 0 nay.

Stitt reviewed the proposed SOER budget with the Board. Stitt stated that the staff was able to
cut costs for the Expo and digital conference in The budgets for these events are
increased to accommodate updates to the websites and marketing materials. Munson added that
the research and technology line item increased due to recent projects being considered in that
area. Munson added that the Committee may request additional research and technology funds

in the future. but until costs were determined he would like to start with an increase of only
$25,000.

MOTION: Munson motioned to accept the 7 SOER budget as recommended. Le Norman
seconded the motion and the motion passed by a vote of and 0 nay.

Aebi reviewed the proposed environmental budget (attached) stating that the proposed budget
was reduced from $7 million to $6 million. Aebi added that construction costs have decreased,

so the Committee expects to be able to restore approximately the same number of sites in 
as FY46.

MOTION: Aebi motioned to accept the proposed environmental budget as
recommended. Munson seconded the motion and the motion passed by a vote of and 0
nay.

Hutchings reviewed the proposed scholastic outreach budget for Hutchings stated that
the Committee is on track to spend the budget for 6 and have reduced the budget for Y-l 7.
The llomeRoom budget has been reduced to only include maintenance allowance and the
scholarship amounts have been reduced to $250,000. Hutchings remarked that there were a lot
of good applicants that were unable to receive scholarships due to the reduction. Irani asked how
much additional funds were needed to award all the qualified students. Schaeperkoetter
answered that at least an additional $50,000 to $75,000 would be necessary to cover those
students. Irani stated that this would be a good time for OERB to step up and fill the ?nancial
gap that students are facing right now. Irani added that people would remember the OERB
coming to their aid during difficult times. Hutchings stated that the OERB is still making a huge
impact, even at the current level. Le Norman asked how many scholarships were awarded.
Schaeperkoetter related that a total of 73 scholarships were awarded. R. Johnson asked if there
was a waiting list. Stitt answered that there was a waiting list. She added that some students will

change majors and their scholarships will be returned to the OERB and can be used for other
students.

MOTION: Munson motioned to accept the proposed scholastic outreach budget as
recommended by the Committee. Johnson seconded the motion and the motion passed by a vote

of and 0 nay.

McDonald reviewed the proposed public education budget (attached) for McDonald
stated that the budget was reduced to $3 million to accommodate the $3 million scholastic
outreach budget the $6 million environmental budget.

MOTION: Munson motioned to accept the proposed public education budget as
recommended by the Committee. I-Iutchings seconded the motion and the motion passed by a
vote of and 0 nay.

ADMINISTRATIVE COMMITTEE - Morgan stated that the administrative contract was up
for renewal for the fifth year of a five-year contract.

MOTION: Hutchings motioned to extend the administrative contract with OIPF for the fifth
year of a five?year contract with no changes. R. Johnson seconded the motion and the motion
passed by a vote of] and 0 nay.

ACCOUNTING COMMITTEE ?Johnson stated that the last deposit was $800,458.50
bringing the current cash balance to $l6,105,370.03 with outstanding encumbrances for FY-IS
of $302,213.72 and of $5,969,245.69. The unencumbered cash is $15.556,329.20. The
SOER cash balance is $2,531,229.66 with outstanding encumbrances for of $15,000 and
of $150,214.66, which leaves an unallocated balance of $2,110,301.70. Johnson stated
that 39 companies asked for refund packets with 37 submitting requests for refunds. The top
three companies asking for the largest refunds were Chesapeake, Continental and Newfield. Stitt
added that she expects to have all refunds processed by the end of June. Munson asked whether
Chesapeake requested the full refund amount. Stitt answered that they did request a full refund.

SOER COMMITTEE Munson asked Davis to give her report (attached). Davis stated that
Thru Tubing Solutions committed to a Legacy Sponsorship again this year for the Oil Gas
Expo (the amount will be lower than last year).

Munson reviewed the list of pr0posed SOER committee members (attached) with the Board.

Munson stated that the terms have been staggered so that all members? terms do not expire in the
same year.

MOTION: Munson motioned to approve the SO ER proposed committee members and terms as
recommended. Irani seconded the motion and the motion passed by a vote of and 0 nay.

SCHOLASTIC OUTREACH COMMITTEE ?1-1utchings stated that he was impressed with
Wellsite Safety Day. Hutchings added that winners met with their legislators and had a picture

taken. Hutchings asked Schaeperkoetter to give her report (attached). Schaeperkoetter reviewed
her report with the Board.

Schaeperkoetter acknowledged Terra Argo, OERB student education coordinator, for her efforts
in organizing 248 Petro Pro presentations reaching over 8.000 students. Schaeperkoetter
announced that a new children?s book (Petra Peres Big Bad Dream) is scheduled to be
completed soon and distributed to schools, libraries and etc. in the fall of this year (digital
version will be available on the OERB Website for teachers and general public). Schaeperkoetter
stated that the Fueling Futures Energy Day is scheduled for May ll1h on the OU campus. Fifty

students are expected to attend. The Annual Energy Education Party is scheduled for
June 2nd in Legacy Hall.

Hutchings stated that the contract with EEO was up for renewal for the fourth year ofa five?year
contract with no rate increase requested.

MOTION: Hutchings motioned to approve the renewal of the contract with EEO for the fourth
year of a five-year term. Munson seconded the motion and the motion passed by a vote of 
and 0 nay.

ENVIRONMENTAL COMMITTEE Aebi asked Spurlin to give his report (attached).
Sowers reviewed the project/site reports with the Board (attached). Sowers introduced David
Woolf with Laredo Energy as the newest member of the committee. Sowers added that Woolf
works with former OERB chairman, Randy Foutch and did work with former OERB board
member. Rodney Myers at Apache.

Aebi stated that the contract with Beacon Environmental was up for renewal for the third year of
a five?year contract. Aebi added that a rate increase was not requested.

MOTION: Abebi motioned to approve the renewal of the contract with Beacon Environmental
for the third year of a five-year term. Le Norman seconded the motion and the motion passed by
a vote of and 0 nay.

PUBLIC EDUCATION COMMITTEE McDonald stated that the advertising contract with
Brothers Co. was up for renewal. Stitt explained that a Request for Proposals was sent to all
advertising firms registered to do business with the state. Stitt stated that eight agencies attended
the pre-bid conference and five agencies submitted written proposals. Stitt added that oral
presentations were not necessary because the selection committee members all scored the written
proposal submitted by Brothers Co. the highest. Stitt further stated that Brothers? proposal
included a 15% reduction in their fees and noted that their performance has been exceptional.

MOTION: McDonald motioned to approve the renewal of the contract with Brothers Co. for

the first year of a five-year term. Irani seconded the motion and the motion passed by a vote of
and 0 nay.

McDonald stated that Phase II Development?s contract was up for the fifth year of a five?year
term.

MOTION: McDonald motioned to approve the renewal of the contract with Phase II
Development for the fifth year of a ?ve-year term. R. Johnson seconded the motion and the

motion passed by a vote of and 0 nay.

McDonald stated that Evolve Research?s contract is up for the second year of a five?year term.

MOTION: McDonald motioned to approve the Evolve Research contract for the second year of

a five?year term. Hutchings seconded the motion and the motion passed by a vote of laye and
0 nay.

McDonald asked Barcum to give her report (attached).

McDonald asked Thomas to give an update to the Board. Thomas stated that he would be
showing the revised seismicity video and six television spots. Thomas thanked the Board for
awarding them the contract and extending their relationship with the OERB.

Thomas stated that the newest campaign is called ?Energy to Amaze? and is based on Alex
Epstein?s ?Moral Case for Fossil Fuels?. The campaign emphasizes the fact that 96% of
manufactured products in some way have a petroleum base. Thomas added that all the
individuals in the television commercials are from Oklahoma. The campaign was message tested
through eight (four OKC and four Tulsa) focus groups of varying ages and political af?liations.
Thomas showed the television commercials which he stated are ?the anchor? of the campaign.

Thomas stated that the Public Education Committee?s goal is to place young faces on the
industry in order to help the industry grow and be noticed by the leaders of the ?xture.

Thomas showed the revised seismicity video which was edited after the March board meeting
where the board made suggestions to improve the video.

R. Johnson cemented after seeing the revised video that he thought it was ?well done?.

Morgan stated that the Board needed to vote on the Y-l7 proposed Five-Year Budget.
MOTION: R. Johnson motioned to approve the 7 proposed ive-Year Budget as
recommended by the Executive Committee. Cook seconded the motion and the motion passed
by a vote of 1] and nay.

Old Business - None.

New Business None.

ADJOURNMENT - There being no ?uther business, the meeting adjourned at 1 1:15 am.

Respect?illy Submitted,

WINE Musselman, Secretary

Cheryl Standage

 

From: meetingnotices@sos.ok.gov
Sent: Tuesday, May 03, 2016 2:09 PM
To: Cheryl Standage

Cc: MeetingNotices?sos.ok.gov
Subject: Open Meetings Confirmation

.I com ..- -. .
CHERYL STANDAGE
OKLAHOMA ENERGY RESOURCES BOARD (OERB) ENVIRONMENTAL
RESTORATION COMMITTEE
500 NE. 4TH ST., #100
OKC, OK 73104
800-664?1301

This message confirms your meeting notice posting with the Secretary of State.

   

DATE AND TIME OF POSTING:

TUESDAY, MAY 3, 2016 2:08 PM

INFORMATION POSTED
A REGULAR MEETING HAS BEEN SCHEDULED FOR:
TUESDAY, MAY 10, 2016 8:30 AM AT

OERB EXECUTIVE CONFERENCE ROOM 500 NE 4TH ST. OKC, OK 73104

You may View and print the web postings of your body's meeting notices by
Visiting our website at: your meetings page.

Chegl Standage

From: meetingnotices@sos.ok.gov
Sent: Tuesday, May 03, 2016 2:10 PM
To: Cheryl Standage

Cc: Meeting Notices@sos.ok.gov
Subject: Open Meetings Confirmation

     

7:5 Cm?rma?on -
CHERYL STANDAGE
OKLAHOMA ENERGY RESOURCES BOARD (OERB) - SCHOLASTIC OUTREACH
COMMITTEE
500 N.E. 4TH ST, #100
OKC, OK 73104
800-664-1301

This message confirms your meeting notice posting with the Secretary of State.

DATE AND TIME OF POSTING:

TUESDAY, MAY 3, 2016 2:09 PM

INFORMATION POSTED
A REGULAR MEETING HAS BEEN SCHEDULED FOR:
MONDAY, MAY 09, 2016 3:00 PM AT

OERB 500 NE 4TH ST. OKC, OK FIRST FLOOR LARGE CONFERENCE ROOM

You may View and print the web postings of your body?s meeting notices by
Visiting our website at: your meetings page.

Che?l Standage

 

From: meetingnotices@sos.ok.gov

Sent: Monday, November 30, 2015 9:08 AM
To: Cheryl Standage

Cc: MeetingNotices@sos.ok.gov

Subject: Open Meetings Confirmation

    

DAGE
OKLAHOMA ENERGY RESOURCES BOARD (OERB)
500 NE. 4TH ST., #100
OKC, OK 73104
800-664?1301

This message confirms your meeting notice posting with the Secretary of State.

DATE AND TIME OF POSTING:

MONDAY, NOVEMBER 30, 2015 9:07 AM

INFORMATION POSTED
A REGULAR MEETING HAS BEEN SCHEDULED FOR:
TUESDAY, JAN 12, 2016 10:00 AM AT

LEGACY HALL OERB 500 NE 4TH ST. OKC, OK 73104

 

A REGULAR MEETING HAS BEEN SCHEDULED FOR:
TUESDAY, MAR 08, 2016 10:00 AM AT

TULSA OU TULSA SCHUSTERMAN CENTER 4502 E. 41 ST STREET ROOM TBD
TULSA, OK 74135?2512

 

A REGULAR MEETING HAS BEEN SCHEDULED FOR:

TUESDAY, MAY 10, 2016 10:00 AM AT

LEGACY HALL OERB 500 NE 4TH ST. OKC, OK 73104

 

A REGULAR MEETING HAS BEEN SCHEDULED FOR:
TUESDAY, JUL 12, 2016 10:00 AM AT

THIS MEETING WILL OCCUR ONLY IF NECESSARY. LOCATION TBD

 

 

A REGULAR MEETING HAS BEEN SCHEDULED FOR:
TUESDAY, SEP 13, 2016 10:00 AM AT

TULSA OU TULSA SCHUSTERMAN CENTER 4502 E. 418T STREET ROOM TBD
TULSA, OK 74135?2512

 

 

A REGULAR MEETING HAS BEEN SCHEDULED FOR:
TUESDAY, NOV 08, 2016 10:00 AM AT

LEGACY HALL OERB 500 NE 4TH ST. OKC, OK 73104

You may View and print the web postings of your body's meeting notices by

visiting our website at: your meetings page.

OERB

Board Meeting

May 10, 2016

OERB
500 NE St.
Oklahoma City, OK 73104

OERB

Board Meeting Roll Call

 

Date: 5 

Aebi Mark
PRESENT ABSENT
Cook Phil
PRESENT ,g ABSENT
Gifford Bill
PRESENT ABSENT
Hutchings Wade D.
PRESENT ABSENT
lrani Ronnie
PRESENT ABSENT
Johnson Dougla
PRESENT ABSENT
Johnson Rusty
PRESENT ABSENT
Johnston Robert
PRESENT ABSENT 34
Le Norm David
PRESENT 5: ABSENT
Maranto Tony 
PRESENT ABSENT


Quorum Yes/ No

 

 

McDonald Mike
PRESENT ABSENT
Morgan Danny
PRESENT ABSENT
Munson Tim
PRESENT - ABSENT
Musselman Julie/
PRESENT ABSENT
Phelan Garrett
PRESENT ABSENT 
Pilkington Jr. John
PRESENT ABSENT ,4
Whitley Will
PRESENT 
Williford Hearne
PRESENT ABSENT




[9de Woo/?E- Mfg/0


ETC

65%

9+ a? Ma?a

OERB

Board Meeting Roll Call

 

Date: 

Aebi Mark
PRESENT ABSENT
Cook Phil
PRESENT ABSENT
Gifford Bill
PRESENT ABSENT
Hutchingg/ Wade D.
ABSENT
lrani Ronnie
PRESENT ABSENT
Johnson Doug l/a?
PRESENT 
Johnson/ Rusty
PRESENT ABSENT
Johnston Robe?/
PRESENT ABSENT 
Le Norma/ly/ David
PRESENT ABSENT
Maranto Tony 
PRESENT 



Quorum (1 


Sr v'
?Rani?



McDonald Mike

PRESENT ABSENT
Morgan Danny
PRESENT ABSENT

Munson Tim
PRESENT ABSENT

Musselman Julie/

PRESENT ABSENT
Phelan Garre 
PRESENT 

Pilkington Jr. John 
PRESENT ABSENT

Whitley Will 
PRESENT ABSENT 

Williford HearnW/
PRESENT ABSENT

To:

II.



IV.

V1.

V111.



500 NE. Street
Oklahoma City, Oklahoma 73104
(405) 942-5323 I 1-800-664-1301

NOTICE OF REGULAR MEETING

Members of the OERB and other interested parties

From: Danny Morgan, Chairman

Time: 10:00 Tuesday, May 10, 2016 (posted Friday, May 6, 2016)
Location: OERB Of?ces, 500 NE. 4th Street, Oklahoma City, OK

Tentative Agenda

Call to Order Chairman Danny Morgan

Introduction of guests and roll call

Minutes of previous meeting

Director?s Report - Mindy Stitt

Committee Reports:

A.

B.

Executive Committee Recommendation, discussion and possible v0te(s) regarding the

Proposed Y-2017/Five-year budget and committee budgets.

Administrative Committee Update, discussion and possible vote(s) on administrative issues.
Recommendation, discussion and v0te(s) on renewal of administrative contract (5th year of 5).
Accounting Committee Update and ?nancial report. Update on calendar year 2015 refund
requests.

SOER Update, discussion and possible v0te(s) on SOER issues. Update, discussion and possible
v0te(s) on SOER committee membership.

. Scholastic Outreach Committee Update, discussion and possible v0te(s) on scholastic outreach

issues. Recommendation, discussion and possible v0te(s) on the renewal of the workshop
administration contract (4th year of 5).

Environmental Restoration Committee Update, discussion and possible v0te(s) on environmental
issues. Recommendation, discussion and possible v0te(s) on the renewal of the environmental
consultant contract (3rd year of 5).

Public Education Committee - Update on marketing/advertising campaign. Discussion and possible
v0te(s) on public education issues. Recommendation, discussion and possible v0te(s) on the renewal
of the advertising agency contract (1St year of 5). Recommendation, discussion and v0te(s) on
renewal of website administration contract (5th year of 5). Recommendation, discussion and v0te(s)
on opinion polling contract (2nd year of 5).

Old Business.
New Business.
Adjournment.



REPORT

May 10, 2016

Since the last board meeting, the staff made presentations at an Oklahoma Mineral
Owners Association conference, an Future Leaders event, the 15,000th
site restoration press event, the OCC's district I and ll luncheons, the Kingfisher Natural
Resources Day, a safety assembly at Tonkawa High School and a Petro Pros
informational session at Marathon Oil Company.

The staff also manned a booth at the National Stripper Well Association conference, the
National Association of Royalty Owners conference and the Texas Alliance conference.

Included is a summary report of work orders issued to construction contractors for
phase restoration work since March 8, 2016. For this period, the OERB issued 33
work orders for a total of $658,342.00, the largest being issued to Silver Spur
Construction Company in the amount of $75,000.00.

Respectfully submitted,


\x 
Mindy Stitt, Executive Director

Oklahoma Energy Resources Board

Work Order

Date

03/08/2016

03/10/2016

03/10/2016

03/10/2016

03/10/2016

03/10/2016

03/10/2016

03/10/2016

03/10/2016

03/10/2016

03/10/2016

03/24/2016

03/24/2016

03/24/2016

03/24/2016

03/31/2016

03/31/2016

03/31/2016

04/04/2016

04/06/2016

04/06/2016

04/20/2016

04/29/2016

04/29/2016

04/29/2016

04/29/2016

04/29/2016

04/29/2016

04/29/2016

Amount

$26,000.00

$13,100.00

$3,500.00

$15,770.00

$13,745.00

$12,298.00

$8,695.00

$4,650.00

$4,000.00

$19,500.00

$1,500.00

$31,800.00

$31,300.00

$40,240.00

$4,500.00

$42 ,42000

$36 ,069.00

$30,752.00

$75,000.00

$37,750.00

$44,623.00

$15,000.00

$36,900.00

$27,500.00

$8,750.00

$2,500.00

$5,850.00

$5,075.00

$12,900.00

Contractor

Dozer Service Inc.

Dirt X, Inc.

Dozer Service

Dozer Service

Dirt X, Inc.

Dirt X, Inc.

Dirt X, Inc.

M. K. Excavation, LLC

M. K. Excavation, LLC

Dozer Service Inc.

Azlin Trackhoe and Dozer Service. Inc.

Danny Been Dozer

Danny Been Dozer

A Construction 8. Hauling

Versatile, Inc. dba Fritzler Construction Co.

Dollar Dozer, Inc.
Dollar Dozer, Inc.
Dollar Dozer, Inc.
Silver Spur Construction Company

Scientific Environmental Construction and

Safety

Versatile, Inc. dba Fritzler Construction Co.

8. Dozer Service Inc.

Hall Anderson Services. Inc

Azlin Trackhoe and Dozer Service, Inc.

Dozer Service Inc.

Dozer Service Inc.

A Construction 8x Hauling

Dirt X, Inc.

Dozer Service Inc.

Project(s)

Gray Bob

US Army Corps of Engineers 10, Snell
0., Gantl

McCurdy, Simpson J.. Weathers C.
Wietelman, Swafford 2
Morris James

Scarberry-Wilboum, Chadick

Ingram F. 2, Thomas Carolyn, Clifton C.

Wilson A., Dean E.
Howard D.. Morton J.
Wineberger
Dildine C.

Roberts T.
Ausbrooks

Berg

Outon

Doyle P. 2

Haney

Pavlu

Webb R.

Tooley 2

Daner

Whatiey, Cox D. 2

Ramberg, Guinn Properties, LLC 3
Chapman Don

Jeanie Eddy Trust

Stringfellow. Price D., Frederick R.
Ware H. 3

Mudd T. 2. Odum, C. 2

Epperley

County

Pontotoc

Marshall, Pontotoc

Logan
Lincoln
Seminole
Seminole
Seminole
Payne
Payne
Oklahoma
Pontotoc
Okfuskee
Okmulgee
Muskogee
Cleveland
Stephens
Stephens
Garvin
Muskogee

Pottawatomie

Stephens

Carter
Pottawatomie
Marshall

Carter

Hughes, Pittsburg
Hughes

Hughes

Hughes

04129i'2016

05f06f2016

05110612016

05l06f2018

Tota l:

$15,000.00

$14.3?6.00

$14,784.00

$2,495.00

$658,342.00

Dozer Service inc.

Blue Sage Services

Blue Sage Services

Dunham Construction 8. Excavation. Inc.

Overton 7
Wadsworth D., OK Dept. of Wildlife 9. Crump
Cole Dan. Turner Jerry

Baldwin T.

Osage

Woodward

Dewey

Creek

FY-2015

Administrative
Public Education
Environmental
Reserve

Total

FY-2016

Administrative
Public Education
Environ mental
Reserve

Total



33.500.000.00
3300000000
3300000000
3350000000

1 3300000000

3300000000
3320000000
$3,100,000.00
3300000000
3200000000
$2,000,000.00
3200000000

3200000000
5200000000
3200000000
3200000000
3220000000
52.100.000.00
3200000000
$1,900,000.00
51.800.000 00

31.700.000.00
3100000000
3050000000

51.400.000.00

3100000000

3020000000
3100000000
3000000000

300000000
$800,000.00
320000000
$000,000.00
I 350000000
340000000

330000000

$200.00000

1 310000000

3000



 

OERB Financial Summary - April, 2016

Budget

$3,945,484.53
$8,275,000.00
$9,000,000.00
$5,831,848.47

$26,853,333.10

Budget

$3,056,168.90
$7,000,000.00
$7,000,000.00
$5,211,512.56

$22,267,681.46

Assessment Deposit

$800,458.50

Paid to Date
$2,928,940.83

$8,172,514.99
$9,110,775.70

$20,212,231.52
Paid to Date
$1,047,481.72

$4,589,099.95
$3,988,364.84

$9,624,946.51

Unencumbered Cash[

 

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Current Cash Balance

$16,105,370.03

Outstanding Encumbrances
$803.66

$195,010.69
$106,399.37

$302,213.72
Outstanding Encumbrances
$359,877.47

$2,338,074.05
$3,271,294.17

$5,969,245.69

 

91433

Receipts vs. Disbursements - Last 25 Months

Sly?130

315.555.329.201

 

     
   
   
  
 
  
 
   

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51?6/16

SOER Financial Summary - April, 2016

SOER Fee

Current Cash Balance

Transferred from Clearing Account

$81,675.87

$0.00

$2,531,229.65

 

 

 

 

 

 

 

 

 

 

FY-2014 Budget Paid to Date Estimated Outstanding Remaining Budget
Administrative $314,517.56 $303,306.21 $0.00 $11,211.35
Workshops $60,000.00 $50,106.63 $0.00 $9,893.37
Expos Conferences $334,000.00 $387,796.07 $0.00 
Misc. Education $105,000.00 $71,825.28 $0.00 $33,174.72
Tolai $813,517.56 $813,036.19 $0.00 $481.37
FY-2015 Budget Paid to Date Estimated Outstanding Remaining Budget
Administrative $293,459.83 $285,540.69 $7,919.14 $0.00
Workshops $75,000.00 $38,457.87 $36,542.13 $0.00
Expos 8. Conferences $428,000.00 $334,459.19 593540.81 $0 00
Research Technology $15,000.00 $0.00 $0.00 $15,000.00
Misc Education $90,000.00 $35,853.39 $54,146.61 $0.00
Total $901,459.83 $694,311.14 $192,148.69 $15,000.00
Budget Paid to Date Estimated Outstanding Remaining Budget
Administralive $306,563.28 $221,784.01 $84,779.27 $0.00
Workshops $75,000.00 $24.032.37 $15,000.00 $35,167.53
Expos 8. Conferences $430,000.00 $260,955.70 $64,000.00 $105,044.30
Research 8 Technology $50,000.00 $0.00 $50,000.00 $0.00
Misc. Education $50,000.00 $24,997.27 $15,000.00 $10,002.73
Total $911,563.28 $532,569.35 $228,779.27 $150,214.66
Estimated Remaining Unaltocated Balance
Receipts vs. Disbursements - Last 25 Months I
150000 32:2: ?ier-on leburun?rb
3231501:
3533::
?Dow
280000
33:32?
2101.130
730000
220300
PICDW
EEDUW
1031.00
lack-5;;
110000

116009

139000

110000
?.0900
96-603
E5000
50:30
3:33:
20030
ionuu


 

 

 

 

2015 REFUND REQUESTS

Updated: 05705716

 

77 First Name Last Name

Company Name

Address

City

State

Zip

REFUND
(amt
requested)

Postmarkedl

2015 ii

Received

 

Kylee Wall

ABV Ventures, LLC

1601 NW Expy Ste. 777

OKC

OK

73118

$74.47

02717716

 

Adam Beren

Adam Investments Inc.

2020 N. Bramblewood

Wichita

KS

67206

$162.99

03731716

 

Paul Waits

American Energy - LLC

PO Box 18107

OKC

OK

73154

$15,004.84

03729716

 

Paul Waits

American Energy - Woodford, LLC

PO Box 18107

OKC

OK

73154

$50,143.76

03729716

 

Erin Shi

Atlas Energy

 

Debbie Shogren

Beresco

2020 N. Bramblewood

Wichita

KS

67206

$5,187.88

03730716

 

Barbara Marek

Bergman Petroleum Corp.

103 E. Ogden Ave.

Hinsdale

60521

$4,512.57

03716716

 



Kylee Wall

Blake Production

1601 NW Expy Ste. 777

OKC

OK

73118

$1,763.15

02717716

 

Ch

Britt Walker

Chesapeake Energy

PO Box 18496

OKC

OK

73154

$545,906.14

03731716

 

10 Richard Clements

Continental Resources, Inc

20 N. Broadway

OKC

OK

73102

$594,243.16

03729716

 

11 Kylee Wall

Fainrvay Energy, LLC

1601 NW Expy Ste. 777

OKC

OK

73118

$7,265.69

02717716

 

12 Michael Combrink

Fourgen LLC

PO Box 400

Duncan

OK

72534

$13,562.66

03731716

 

13 Yvonne Diebold

Kaiser-Francis Oil Company

Tulsa

OK

$43,119.04

03731716

 

14 Bob Albrecht

Lario Oil

301 S. Markey St.

Wichita

KS

67202

$1,421.16

02718716

 

15 Michael Combrink

Mack Energy

PO Box 400

Duncan

OK

72534

$552.63

03731716

 

16 Michael Combrink

Mack Oil

PO Box 400

Duncan

OK

72534

$7,819.60

03731716

 

17 Charles Spradlin

Manual Corp.

2020 N. Bramblewood

Wichita

KS

67206

$129.89

03730716

 

18 Michael Combrink

MercS LP

PO Box 400

Duncan

OK

72534

$110.84

03731716

 

19 Glenda

Monty Hott Productions

7925 N. Wilshire Ct.

OKC

OK

73132

$679.48

03731716

 

20 Danita Cockrell

Nadel Gussman Anadarko LLC

15 E, 51h St Suite 3300

 

21 Danita Cockrell

Nadel Gussman Operating Co.

Tulsa

OK

74103

$341.93

03731716

 

 

15 E, 51h St Suite 3300

Tulsa

OK

74103

$2,837.50

03731716

 

22 Danita Cockrell

Nadel Gussman, LLC

 

15E 51h St Suite 3300

Tulsa

OK

74103

$55.86

03731716

 

23 Phil Burch

NBI Services, Inc.

 

PO Box 4470

Tulsa

OK

74137

$194.40

03714716

 

24 Meg Hood

New?eld Exploration

Houston

TX

$513,696.02

03730716

 

25 Charles Spradlin

Okmar Oil Company

2020 N. Bramblewood

Wichita

KS

67206

$4,783.85

03730716

 

26 Robert Cantrell

Palo Energy

PO Box 1433

Ada

OK

74821

$45.55

03718716

 

27 Nick Jackson

Post Rock Midcontinent Production

210 Park Ave, Ste 2750

OKC

OK

73102

$2,154.96

03731716

 

28 Nick Jackson

Post Rock Midcontinent Production

210 Park Ave., Ste 2750

OKC

OK

73102

$7,367.48

03731716

 

29 Megan Wheeler

Pride Energy Co.

PO Box 701950

Tulsa

OK

74170

$4,903.71

03731716

 

30 Charles Spradlin

Roberen

2020 N. Bramblewood

Wichita

KS

67206

$903.42

03730716

 

31 Robert Cantrell

Robert Cantrell

PO Box 1433

Ada

OK

74821

$1,313.36

03718716

 

32 Charles Spradlin

Robert Beren Limited Partnership

2020 N. Bramblewood

Wichita

KS

67206

$1.001.72

03730716

 

33 Robert Cantrell

Royal Energy, LLC

PO Box 1433

Ada

OK

7482 1

$714.44

03718716

 

34 Richard Behling

Royalty Owner

5017 S. 71 E. Avenue

Tulsa

OK

74145

$205.14

03714716

 

35 Liz Wilbum

Royalty Owner

 

36 Savannah Gibson

Samson

Two West 2nd Street

Tulsa

OK

74103

$63,378.23

03731716

 

37 Charles Spradlin

Shelro Petroleum Corporation

2020 N. Bramblewood

Wichita

KS

67206

$982.20

03730716

 

38 Michael Combrink

SouthOK Development Co.

PO Box 400

Duncan

OK

72534

$3,492.18

03731716

 

39 James Vernon

Vernon Resources, LLC

1601 NW Expy Ste. 777

OKC

OK

73118

$86.38

02717716

 

 

Total

 

 

 

 

 

 

 

 

$1,900,118.28

 

 

 

rs.

SOER Committee Members - Proposed

Updated 05/09/2016

 

MEMBER NAME

COMPANY

CLASSIFICATION

TERM EXPIRES

Notes

 

House, David

Jireh Resources

Osage County

2019, June 30

a. Appoint for 3 years. Replacing Bob Sullivan

 

Brevetti, Joe

Charter Oak Production

OCC District (SE)

2019, June 30

a. Appoint for 3 years. Replacing Phil Cook

 

Spette r, Katy

Schlumberger

Advisory Council Chair

2017, January

b. Reappoint for 1 year

 

Irani, Ronnie

RKI Expl. Prd.

Non-Restricted

2017, June 30

b. Reappoint for 1 year

 

Kerrihard, Ken

Self Employed

OCC District ll (NW)

2017, June 30

b. Reappoint for 1 year

 

Slawson, Steve

Slawson Exploration

OCC District Ill (SW)

2018, June 30

b. Reappoint for 2 years

 

Guest, David

Guest Petroleum, inc.

NARO

2019, June 30

b. Reappoint for 3 years

 

Morgan, Danny

Morgan Well Service

OCC District 1 (NE)

2019, June 30

b. Reappoint for 3 years

 

Williford, Hearne

Williford Resources

OIPA

2019, June 30

b. Reappoint for 3 years

 



Ok Oil 8: Gas Assc.

2018, June 30

c. Pending recommendation from OOGA

 

McAbee, Mitch

McAbee Co., PC

OMOA

2017, June 30

c. Pending recommendation from OMOA

 

Rai, Chandra

Mewbourne School of Petroleum Geo

Non?Restricted

2018, June 30

No Action Necessary

 

Lu ht, Richard

GE Global Research

Non-Restricted

2018, June 30

No Action Necessary

 

Cook, Phil

Self Employed

Non-Restricted

2017, June 30

No Action Necessary

 

Munson, Tim

Spartan Resources

OERB Chair

2017, June 30

0 Act ion Necessa ry

 

 

Teague, Michael

 

Secretary of Energy

 

Sec. of Energy

 



 

No Action Necessary

 

 

SOER REPORT

OERB Board Meeting

SOER Report
May 10, 2016

OKLAHOMA OIL GAs Expo COMMITTEE UPDATE

New Chair: John Godwin
Planning is underway for the 2016 OK Oil Gas Expo.
The event will be held on Thursday, October 6th at the Oklahoma State Fair Park.
The new building at the fairgrounds will not be complete in time. The 2016 expo will take
place in the same buildings as 2015. The mixer will be at the fairgrounds in the Centennial
Building.
Because participation is half the amount it was at this time last year, booths are now only
available in the Cox Pavilion. If the numbers significantly increase, we will consider Opening
the 0K Expo Hall for exhibits.
Total number Of sponsor/booth registrations to date is 74:
0 Legacy
8 Platinum
13 Gold
24 Silver
28 Basic Exhibitors
2 Non-Profit/Government
3 Outdoor Only
Expected gross revenue to date $131,750
Working with Thru Tubing on a package for the Legacy Sponsorship.
Secured a contract with Cumulus/The Sports Animal to do the radio advertising and live
broadcast again this year.
This year will be the 20th Annual ExpO.

00000



MID-CONTINENT DIGITAL OILFIELD CONFERENCE COMMITTEE UPDATE

Chair: Cory Durham

MCDOC is scheduled for January 25-26, 2017.

The committee explored alternate hotel options. After proposal reviews and site visits, the
Renaissance Hotel in Tulsa, OK was selected.

There will be space for 35 exhibitors/sponsors and approximately 200 attendees.

Now that the date and location has been selected, planning will continue.

The committee will work to create more audience participation through roundtables, hands?
on sessions, and panels.

OERB BOARD REPORT

Scholastic Outreach
May 10, 2016

CURRICULUM AND WORKSHOPS
2015?2016 Teachers Trained (all curricula): 1,532
Total Teachers Trained (all curricula): 13,745
Summer and fall workshops open for registration

HOMEROOM

Over 2,724 teachers are signed up for the website resources.
The website is averaging 3,000 visits per month and 56% are return visitors.

PETRO PROS
2015?2016 Presentations: 201 presentations reaching 6,677 students

PETROLEUM SCHOLARS PROGRAM

0 The 2016-2017 application closed on March 1 and 356 applications were received.
$250,000 will be allocated to students at CU, TU and OSU.

PETROTECH PROGRAM
Students currently in classes (receiving certification): 17 in Oklahoma City (fall) and 5 in
Tulsa (winter)
0 Tulsa had 8 students complete the program in January 2016
0 Oklahoma City did not have enough students for a winter 2016 class

OTHER 
Fueling Futures: An after school program currently being piloted
Tulsa Regional STEM Alliance Partner (2015?2017)
Sam Noble ExplorOology Program (2016-2017)
Oklahoma Education Industry Partnership (July 2016)
New Petro Pete children?s book to be complete this month
0 Energy Education Party scheduled for June 2nd


Maud" - .--
Environmen

 

 

May 10, 2016

Mr. Mark Aebi
Chairman, Environmental Restoration Committee

Oklahoma Energy Resources Board

RE: Executive Summary

The following Executive Summary reviews the projects as turned in to the OERB and status of
each.

SUMMARY for April, 2016

0 Received 25 new projects.
Completed 23 projects with 43 sites for a total construction cost of $320,449.
. Committed $181,269 for construction based on new bids received for 25 projects with 51

sites.
FY-2016 PROJECT OVERVIEW:
0 Received 263 projects with 286+ sites.
0 Completed 181 projects with 551 sites.

CUMULATIVE PROJECT OVERVIEW

Projects Sites
Total Received 8,555 19,153+
Dropped 1,690 1,955
On Hold 1 12 191
Completed 5,861 15,005
Active 892 2,002+

Total cumulative environmental spending through 4/30/16: $101,546,744.

STATUS OF ACTIVE PROJECTS

Projects Sites
Under Construction 98 361
Phase 1/2 Complete 248 1,092
Waiting on ROE 274 274+
Phase 1/2 Backlog 272 275+
PROJECT SAFETY SUMMARY
0 BEACON personnel worked 2,126 hours on OERB projects in April with no safety related
incidents.

a Construction contractors reported no safety related incidents on OERB projects in April.

841 East 33'? Street i Edmond. Oklahoma 73th13 (405} 330?8688 FAX (405) 330-8668

May 10, 2016

Environmental Restoration Committee Report
Page 2

Oklahoma Energy Resources Board

BUDGET REVIEW:
Fiscal Year 2014-2015 Environmental Budget: 9,000,000
Non?restoration (environmental advertising, 000 8 misc) (865,000)
Reserved for Kelly Pits (200,000)
Consulting services, laboratory and expenses through 4/30/16 (2,708,000)
Construction invoices through 4/30/16 (5,253,255)
Committed construction (13,4002
Balance as of 4/30/16 5 (39,655)
Fiscal Year 2015-2016 Environmental Budget: 7,000,000
Non-restoration (environmental advertising, 000 8 misc) (345,000)
Consulting services, laboratory and expenses through 4/30/16 (1,554,685)
Construction invoices through 4/30/16 (2,452,390)
Committed construction (1,759,872!
Balance as of 4/30/16 5 888,053
Sincerely,

G. Phil Spurlin, RPG
President

cc: Mindy Stitt

Call-ins From Landowners and Projects submitted by 



DEF: Mr 



0

I'll II I I'bl?) b?09 ?00 @6 gl?Ag?o ?:9?50 (Ovzb??) (990 gage/(J ((2920 Qa?xfb?

?0


I Landowners I OCCXBIA

TQtal Projects/Sites Restored (Fiscal Year)

 
 

1000 920
829

900 784 784 759
800 670
700
600 551
500
400 315 300

260 255 254 233
300 181
200
100

0
2010 2011 2012 2013 2014 2015 2016*

Projects Sites year to date

 

 

$4,000,000

$3,000,000

$2,000,000

$1,000,000

$0

Total Construction Costs (Fiscal Year)

 





    
 

 

  

- . .
57;; 2- W.

2012 2013 2014 2015 2016*

 
 

2011

 

 

I Amount Spent

 

I?scal yearto date

 

 

 

 

COMMUNICATIONS REPORT

OERB BOARD REPORT
Communications
May, 2016

News Releases Distributed:

SOER Hosts Free Energy Roundtable

OERB to Offer Free Tahlequah Teacher Workshop
OERB to Offer Free Weatherford Teacher Workshop
OERB Restores Local Veterinarian?s Land

OERB Reaches 15,000 Well Site Restorations

OERB Hosts Well Site Safety Day (Statewide)

OERB Well Site Safety Winners Local Releases (21)

NEWSPAPER COVERAGE (press clippings received since last report filed March 1, 2016):
March 3: Okemah News Leader: OERB Teacher Program Provides Free Training, Supplies
March 4: Journal Record: SOER Hosts Roundtable on Energy Issues

March 7: Journal Record: Producers Seek Tax Refunds

March 8: Enid News Eagle: OCC Issues New Disposal Well Directive/OERB Grant

March 8: McAIester News-Capital: OCC Issues New Disposal Well Directive/OERB Grant
March 8: Norman Transcript: OCC Issues New Disposal Well Directive/OERB Grant

March 8: The Oklahoman: OCC Issues New Disposal Well Directive/OERB Grant

March 8: Seminole Producer: OCC Issues New Disposal Well Directive/OERB Grant

March 8: Stillwater News-Press: OCC Issues New Disposal Well Directive/OERB Grant
March 8: Journal Record: OCC Issues New Disposal Well Directive/OERB Grant

March 9: Ada Evening: OCC Issues New Disposal Well Directive/OERB Grant

March 9: Cushing: OCC Issues New Disposal Well Directive/OERB Grant

March 9: Muskogee: OCC Issues New Disposal Well Directive/OERB Grant

March 10: Thomas Tribune: OCC Issues New Disposal Well Directive/OERB Grant

March 10: Walters Herald: OCC Issues New Disposal Well Directive/OERB Grant

March 10: Konowa Leader: OCC Issues New Disposal Well Directive/OERB Grant

March 9: Hinton Record: OCC Issues New Disposal Well Directive/OERB Grant

March 9: Enid News Eagle: OCC Issues New Disposal Well Directive/OERB Grant

March 13: Tahlequah: OERB to Offer Free Tahlequah Teacher Workshop

April 3: Enid News 8: Eagle: FEATURE: Clean State OERB Works to Restore Well Sites
April 14: Tulsa World: OERB Reaches 15,000 Milestone

April 14: The Oklahoman: BUSINESS SECTION COVER Oil, Natural Gas Industry Cleans Up
Abandoned Well Sites

April 14: Journal Record: COVER Eastbound 8: Down: OERB Cleanup Spurs Development
April 15: Perry Daily Journal: OERB Reaches 15,000 Well Site Restorations

April 15: Shawnee News-Star: OERB Reaches 15,000 Well Site Restorations

Ap?l17:
Ap?l26:
Ap?l26:
Ap?l26:
Ap?l27:
Ap?l27:
Ap?l27:
April 28:
Ap?l28:
Ap?l28:
Ap?l29:
Ap?l29:
Ap?l29:
Ap?l29:

COMMUNICATIONS REPORT

Seminole News Producer: OERB Reaches 15,000 Well Site Restorations
Sapulpa: OERB Reaches 15,000 Well Site Restorations

The Oklahoman: OERB Talks Well Site Safety

Tulsa World: OERB Honors Tulsa School for Energy Curricula
Shawnee News Star: OERB Hosts Well Site Safety Day
Stillwater News-Press: OERB Hosts Well Site Safety Day
McCurtain Daily Gazette: OERB Hosts Well Site Safety Day
Claremore Daily Progress: OERB Hosts Well Site Safety Day
Sapulpa: OERB Hosts Well Site Safety Day

Stroud American: OERB Hosts Well Site Safety Day

Lawton Constitution: OERB Hosts Well Site Safety Day
Okmulgee Times: OERB Hosts Well Site Safety Day

The Oklahoman: OERB Hosts Well Site Safety Day

Durant Daily Democrat: OERB Hosts Well Site Safety Day

May 1: Tulsa World: Week in Review/Top Story OERB Talks Safety

Total: 40 print

COVERAGE: -

KWTV - OERB Reaches 15,000 We" Site Restorations News Segment
KTOK Afternoon Drive Time Interview with Mindy Stitt

TBN Interview with Danny Morgan

Radio Oklahoma Interview with Mindy Stitt

Cumulus Radio Networks Interview with Mindy Stitt

In the Field TV Program Interview with Mindy Stitt

Total: 6 Media (3 Radio)

SOCIAL MEDIA UPDATE:
Facebook: 216K Impressions 1925 Likes +40 new followers since March 5

Twitter Tweet impressions: 10,910] Followers: 268 (+36 from Jan. 1)

2016 COVERAGE SUMMARY
In 2016, the OERB has been included in 132 media stories.


Moral Case for Fossil Fuels Ad Campaign
. SOER Marketing Promotions Expo, Workshops
Education Marketing 8: Promotions PetroPros
Restoration 1K Osage Site Planning

 

2016 Advertising Contract Written Proposal Scores

 

COMM.MEMBER

Brothers

Littlefield

Saxum

Acrobatant

Campbell 8:
Co.

 

TOTAL

 

943

 

7'44

 

795

 

776

 

417

 

 

 Revenue - 

OERB SOER

 

 

 

 

Assessment Assessment
Month Revenue interest Revenue Misc. Revenue Month Revenue Interest Revenue Misc. Revenue

July 649,446.76 29,615.16 3,062.10 July $21,189.75 2,930.92 15,220.88
August 1,517,842.30 28,994.04 5,172.94 August $134,394.73 3,023.20 32,127.30
September 1,351,824.20 26,207.49 2,950.20 September $88,062.23 3,148.76 56,221.00
October 1,240,462.26 25,854.39 6,590.60 October $73,143.68 3,206.97 83,919.97
November 932,152.39 27,053.18 6,816.40 November $69,157.28 3,431.18 5 20,888.80
December 894,076.85 26,247.48 39,152.20 December $83,919.97 3,244.65 10,289.14
January 1,326,399.65 28,126.40 2,276.79 January $87,907.43 3,673.53 10,137.00
February 974,655.11 26,767.23 17,685.84 February $0.00 3,622.56 34,818.96
March 757,373.37 24,335.75 16,123.03 March $66,344.94 5 3,329.07 48,049.31
ApriHest.) 800,458.50 5 20,000.00 5 3,000.00 ApriHest.) $81,675.87 5 3,000.00 5 20,000.00
May (est) 750,000.00 5 20,000.00 5 3,000.00 May (est) 5 65,000.00 5 3,000.00 20,000.00
June fest.) 800,000.00 5 20,000.00 5 3,000.00 June (est) 5 70,000.00 5 3,000.00 20,000.00
Totals 11,994,691.39 303,201.12 108,830.10 Totals 840,795.88 38,610.84 371,672.36
Total Est. Revenue 5 12,406,722.61 Total Est. Revenue 1,251,079.08

Actual July - Actual July 
March 9,644,232.89 243,201.12 99,830.10 March 624,120.01 29,610.84 311,672.36

Est. April Est. April 
June 2,350,458.50 60,000.00 9,000.00 June 216,675.87 9,000.00 60,000.00

OVERHEAD EXPENSES:

Salaries Wages

Payroll Taxes

Pension Plan Contributions
Insurance

81 A EXPENSES:

Office Rent

Contract Labor

Professional Fees/Tax Pension
Repairs Maintenance
Equipment Rental

Office Supplies

Postage

Telephone Expense

Dues 8: Subscriptions
Computer Services Expenses
Copy Expense

Public Relations

Meetings Expense

Travel

Office Equipment

Office Furniture 8: Fixtures
Miscellaneous

Total Overhead Expenses:

Management Fee ERFO:

Total Overhead Expenses/Mgmt. Fee:

Subcontracted Labor

Total Expenses:

ENERGY RESOURCES FOUNDATION OF OKLAHOMA

OKLAHOMA ENERGY RESOURCES BOARD DIVISION
2016 PROJECTED FISCAL YEAR END WITH 2017 PROPOSED FISCAL BUDGET

July 1, 2015 - June 30, 2016

1.

 

 

 

 

 

2016 FISCAL 2016 FISCAL VARIANCE PROPOSED FY '17 PROPOSED
YEAR BUDGET YEAR PROJECTION BUDGET M0. BUDGET
7/1116 -6/30/17 7/1/16~6/30/17
763,750.00 701,072.26 62,677.74 718,750.00 59,895.83
63,118.95 53,023.24 10,095.71 58,889.70 4,907.48
75,980.00 64,109.20 11,870.80 70,905.00 5,908.75
128,000.00 95,823.97 32, 176.03 125,020.82 10,418.40
111,672.00 111,672.00 0.00 111,672.00 9,306.00
2,400.00 2,400.00 0.00 3,840.00 320.00
13,000.00 15,906.26 (2,906.26) 16,000.00 1,333.33
6,500.00 5,655.51 844.49 4,680.00 390.00
2,000.00 1,551.82 448.18 1,536.00 128.00
15,000.00 10,446.98 4,553.02 10,800.00 900.00
8, 100.00 2,745.20 5,354.80 4,800.00 400.00
8,100.00 5,443.41 2,656.59 6,000.00 500.00
3,000.00 2,481.54 518.46 3,000.00 250.00
15,000.00 12,608.59 2,391.41 14,000.00 1,166.67
1,500.00 830.29 669.71 1,500.00 125.00
4,500.00 4,295.10 204.90 4,500.00 375.00
2,520.00 2,200.00 320.00 2,520.00 210.00
33,000.00 27,558.27 5,441.73 33,000.00 2,750.00
7,500.00 6,847.80 652.20 7,500.00 625.00
1,020.00 900.00 120.00 1,000.00 83.33
10,020.00 3,981.74 6,038.26 5,000.00 416.67
1,275,680.95 1,131,553.18 144,127.77 1,204,913.52 100,409.46
50,000.04 50,000.04 0.00 50,000.04 4,166.67
1,325,680.99 1,181,553.22 144,127.77 1,254,913.56 104,576.13
51,000.00 49,550.00 1,450.00 51,000.00 4,250.00
1,376,680.99 1,231,103.22 145,577.77 1,305,913.56 108,826.13

ENERGY RESOURCES FOUNDATION OF OKLAHOMA
SUSTAINING ENERGY RESOURCES DIVISION

2016 PROJECTED FISCAL YEAR END WITH 2017 PROPOSED FISCAL BUDGET

Overhead Expenses:

Salaries Wages

Payroll Taxes

Pension Plan Contributions
Insurance

6 A Expenses:

Of?ce Rent

Contract Labor

Professional Fees/T ax 8: Pension
Repairs Maintenance
Equipment Rental

Of?ce Supplies

Postage

Telephone Expense

Dues 8 Subscriptions
Computer Services Expenses
Copy Expense

Public Relations

Meetings Expense

Travel

Of?ce Equipment

Of?ce Furniture 8; Fixtures
Miscellaneous

Total Overhead Expenses:

Management Fee ERFO:

Total Overhead Expenses/Mgmt. Fee:

Subcontracted Labor

Total Expenses:

July 1, 2016 - June 30, 2017

 

 

 

Fiscal Year Fiscal Year Variance FY '17 Proposed FY '17 Proposed
Budget Projection Budget Mo. Budget
7/1/16 - 6130717 7/1/16 6730/17
146,004.00 141,166.74 4,837.26 152,500.00 12,708.33
12,900.00 11,133.75 1,766.25 13,027.95 1,085.66
13,800.00 6,155.04 7,644.96 12,980.00 1,081.67
25,116.00 13,139.44 11,976.56 17,866.69 1,488.89
17,617.56 17,617.56 0.00 17,617.56 1,468.13
750.00 0.00 750.00 750.00 62.50
3,500.00 3,393.15 106.85 3,500.00 291.67
750.00 90.00 660.00 1,170.00 97.50
500.00 83.88 416.12 384.00 32.00
3,000.00 1,219.89 1,780.11 2,700.00 225.00
3,000.00 639.16 2,360.84 1,200.00 100.00
3,000.00 1,186.80 1,813.20 2,500.00 208.33
750.00 150.00 600.00 750.00 62.50
3,000.00 1,800.00 1,200.00 3,000.00 250.00
540.00 0.00 540.00 540.00 45.00
600.00 0.00 600.00 1,200.00 100.00
2,500.00 0.00 2,500.00 1,500.00 125.00
18,000.00 11,615.30 6,384.70 16,000.00 1,333.33
1,000.00 0.00 1,000.00 1,000.00 83.33
500.00 0.00 500.00 500.00 41.67
4,000.00 2,297.97 1,702.03 3,500.00 291.67
260,827.56 211,688.68 49,138.88 254,186.20 21,182.18
10,000.00 9,999.96 0.04 10,000.00 833.33
270,827.56 221,688.64 49,138.92 264,186.20 22,015.52
17,800.00 17,550.00 250.00 17,800.00 1,483.33
288,627.56 239,238.64 49,388.92 281,986.20 23,498.85

 

 

FY-2017 SOER Budget - Proposed

FY-2016 Actual/Est.



FY-2017 Budget -

 

 

 

FY-2016 Budget Proposed
Oil Assessment $000350 $000350
Est. Oil Volume 127,730,000 157,768,000
Gas Assessment $000015 $000015
Est. Gas Volume 2,310,114,000 2,499,081,000
Gross Assessments $793,572.10 $927,050.15

 

FY-2017 Budget -

 

 

Revenue FY-2016 Budget FY-2016 Actual/Est.
Preposed
Previous Year Carry Forward (CF) $1,746,073.39 $1,500,000.00 $2,002,377.58
SOER Assessment $793,572.10 $843,321.94 $927,050.15
Program Revenue $300,000.00 $371,672.36 $300,000.00
interest Revenue $10,500.00 $38,610.84 $35,000.00
$3,264,427.73

 

 

Total Revenue and CF

$2,291,830.85

$2,753,605.14

 

 

FY-2016 Actual/Est.

FY-2017 Budget -

 

 

 

Expenditure Budget Proposed
Admin Contract $288,627.56 $288,627.56 $281,986.20
Misc. Admin $7,000.00 $7,600.00 $8,000.00
Refunds $7,935.72 $0.00 $9,270.50
Workshops $75,000.00 $40,000.00 $55,000.00
Expos Conferences $430,000.00 $325,000.00 $375,000.00
Research Technology $50,000.00 $50,000.00 $75,000.00
Education $50,000.00 $40,000.00 $25,000.00
Total Expenditures $908,563.28 $751,227.56 $829,256.70

 

Carry Forward Available

$1,390,371.02

Refunds are estimated at 1% of assessments

$2.002,377.58

$2,435,171.03

5/6/16

 

 

PROPOSED ENVIRONMENTAL BUDGET
Proposed Budget

Expenditures:

OCC Reimbursements, Luncheons
Environmental Advertising

Subtotal

Remainder

Anticipated Consulting Charges
Balance Remaining for Construction
Average Cost/Project

Number of Projects Required

Current Project Inventory (as of 3/31/16)

Phase 1.0 Projects Project Received Need 
Phase 1.10 Projects ROE Received -Readv to Assess
Phase 2.20 to 2.40 Assessment Complete

Total Project inventory

Note:

1. Environmental Advertising will be decreased in the event of a reduction to the Environmental

Budget

2. The ERC will have the flexibility of shifting funds between categories within the Environmental

Budget

*The completed average cost/site for the previous 12 months was
$17,798.48. in reviewing the bids for the same period, the average cost/site bid was 3.10

Sites/Project $15,955.70. Taking this into consideration, an average of these calculations was used to determine

FY16-FY17

$6,000,000.00

FY15-FY16

$7,000,000.00

 

35,000.00 45,000.00
5 250,000.00 300,000.00
5 285,000.00 5 345,000.00

$5,715,000.00
$1,950,000.00

$3,765,000.00

$6,665,000.00
$2,196,150.00

$4,458,850.00

 

16,907.40* 
223 235

273

264

2%

792

2.96 Sites/Project

8 Projected Average Cost/Project as follows: $5,580/Site 3.03 Sites/Project $16,907.40.

MThe completed average cost/site for the previous 12 months was

56,6?863.

3.02 Sites/Project

FY-2017 Student Education Budget - Proposed

K-12 Curricula

OERB HomeRoom
Petroleum Scholars Program
PetroTech Program

Well Site Safety

Field Trips
Marketing/Sponsorships
Miscellaneous

Outside Funded Projects
Balance for Future Projects

Total Budget


Budget

$1,655,000.00

$183,800.00

$428,000.00

$105,000.00

$523,000.00

$425,000.00

$29,200.00

$81,000.00

$155,000.00

 

$3,585,000.00

Budget
Proposed

$1,535,000.00
$10,000.00
$285,000.00
$70,000.00
$493,000.00
$425,000.00
$21,200.00
$55,000.00
$50,000.00

$55,800.00

$3,000,000.00

Proposed FY-2017 Public Education Budget

FY-16
Contractor/Project Budget

Advertising (Brothers' Contract) 3,100,000.00
Social Media (Brothers and/or other 3rd party) 75,000.00
Web site Maintenance/Updates (Phase Two/Liquidfish) 25,000.00

Research - Public Opinion Economic impact (Evolve, OCU, etc.) 100,000.00

Misc. Pub. Ed. (Booth Space, Press Events, Special Projects, etc.) 150,000.00

,7

FY-17 Proposed
Budget

2,750,000.00

50,000.00
18,000.00
82,000.00
100,000.00

 

Total Public Education Budget 3,450,000.00

3,000,000.00

FY-2017 5 YEAR PROPOSED BUDGET

 

 

 

 

 

 

 

 

 

FY-2016 Budget FY-2017 FY-2018 FY-2019 FY-2020 
Est. Average Oil Price $Est. Oil Volume 127,730,000 157,768,000 153,034,960 148,443,911 143,990,594 139,670,876 
Est. Average Gas Price $Est. Gas Volume 2,310,114,000 2,499,081,000 2,424,108,570 2,351,385,313 2,280,843,754 2,212,418,441 
Gross Assessments $10,610,287.09 $11,302,814.74 $11,150,295.28 $9,924,527.83 $10,948,37530
*Prices used are based on 80% of NYMEX.
"After 7, production volumes decline Budget 8 5 55 a? Ee? 5?
Actuals July - Estimates April - ?5 ?5 H5 *5 H5 ?5
June FY-2016 32 FY-2017 32 FY-2018 32 FY-2019 as FY-2020 es FY-2021 as
?evenue
Previous Year Carry Forward (CF) $15,897,906.00 $11,018,579.29 $6,991,781.34 $4,407,800.26 $2,573,937.55 $589,506.78
Assessment Revenue $9,644,232.89 $2,350,458.50 $10,610,287.09 $11,302,814.74 $11,150,29528 $9,924,527.83 $10,948,375.30
Interest Revenue $243,201.12 $60,000.00 $220,371.59 $139,835.63 $88,156.01 $51,478.75 $11,790.14
Other Revenue $99,830.10 $9,000.00 $50,000.00 $50,000.00 $50,000.00 $50,000.00 $50,000.00
Total Revenue and CF $25,885,170.? $2,419,458.50 $21,899,237.97 $18,484,431.71 $15,896,251.55 $12,599,944.? $11,599,672.21
Expenditure
Admin Contract $1,032,173.28 $344,057.76 8.0% $1,305,913.56 8.8% $1,371,209.24 9.7% $1,439,769.70 11.0% $1,511,758.18 12.6% $1,587,346.09 13.7%
Legalr?Audit/Assess. Audit $9,700.00 $0.00 0.1% $10,000.00 0.1% $10,000.00 0.1% $10,000.00 0.1% $10,000.00 0.1% $10,000.00 0.1%
Refunds $0.00 $1,900,118.28 11.0% $1,591,543.06 10.7% $1,695,422.21 12.0% $1,672,544.29 12.7% $1,488,679.18 12.4% $1,642,256.29 14.2%
Environmental $5,250,000.00 $1,750,000.00 40.5% $6,000,000.00 40.2% $5,500,000.00 39.1% $5,000,000.00 38.1% $4,500,000.00 37.5% $4,180,034.91 36.0%
Education $5,250,000.00 $1,750,000.00 40.5% $6,000,000.00 40.2% $5,500,000.00 39.1% $5,000,000.00 38.1% $4,500,000.00 37.5% $4,180,034.91 36.0%
$14,076,631.45 $13,122,313.99 $12,010,437.36 $11,599,672.21

 

Total Expenditures

 

 

511.541.873.28

$5,744,176.04

 

 

Estimated Carry Forward Available

$11,018,579.29

Refunds for FY-2017 and out years were ?gured at 15% of assessments

$14,907,456.62

$6,991,781.34

$4,407,300.26

$2,573,937.55

$589,506.78

$0.00

 

 

576716

0.

Budget vs. Actual Revenue Comparison

 

Budget Production Actual Production Budget Production Actual Production Budget Prices Actual Prices Budget Prices Actual Prices Budget Assessment Actual Assessment
Fiscal Year Oil Oil Natural Gas Natural Gas Oil Oil Natural Gas Natural Gas Revenue Revenue Variance
2005 63,383,233 64,916,000 1,535,330,277 1,655,769,000 $40.00 $45.06 $5.60 $6.10 $11,133,178.87 $11,815,530.22 $682,351.35
2006 63,000,000 63,977,000 1,527,520,698 1,639,310,000 $43.25 $59.88 $6.00 $9.13 $11,889,87419 $15,685,810.30 $3,795,936.11
2007 60,710,626 64,236,000 1,596,173,355 1,688,985,000 $58.53 $64.72 $6.49 $6.62 $13,912,558.01 $14,034,295-74 $121,737.73
2008 59,863,372 63,951,000 1,623,996,966 1,783,682,000 $54.10 $82.28 $6.79 $7.33 $14,265,547.80 $17,315,207.93 $3,049,660.13
2009 60,602,690 67,357,000 1,638,315,450 1,886,710,000 $89.58 $85.82 $8.70 $7.84 $19,682,13339 $17,609,992.04 $2,072,141.35
2010 61,486,360 66,637,000 1,824,796,000 1,901,556,000 $43.78 $70.28 $2.86 $4.09 $7,910,789.40 $11,858,016.70 $3,947,227.30
2011 63,749,370 68,909,000 1,808,194,460 1,827,328,000 $67.50 $80.07 $3.06 $4.15 $9,836,157.52 $3,002,572.18 $3,166,414.66
2012 68,044,000 76,433,000 1,730,454,000 1,888,870,000 $82.22 $93.29 $3.75 $3.57 $12,083,780.18 $17,101,847.92 $5,018,067.74
2013 74,319,000 92,988,000 1,899,185,000 2,023,461,000 $92.90 $90.03 $2.01 $3.01 $10,721,59695 $15,361,269.10 $4,639,672.15
2014 89,62 7,000 114,558,000 2,021,001,000 2,143,999,000 $71.15 $99.01 $3.53 $4.16 $13,511,094.58 $21,635,912.42 $8,124,817.84
2015 111,638,000 128,026,000 2,143,999,000 2,310,114,000 $79.56 $80.71 $3.84 $3.82 $20,703,894.86 $3,589,019.42
2016 127,730,000 157,768,000 2,310,1 14,000 2,499,081,000 $46.70 $44.84 $2.26 $2.41 $13,423,018.37 $11,994,691.39 $1,428,326 98

 

 

 

$25,000,000. 00

52 0,000,000. 00

$15,000,000.00 

 

Assessment Revenue

?Actual Assessment Revenue

 

$10,000,000. 00



 

$5,000,000.00

00

 





2005 2006 2007 2008 2009 2010 2011 2012 2013 2014 2015 2016