WellPoint Systems' Blog

Last Thursday, the 16th Annual Texas Wildcatters’ Open welcomed many premiere sponsors, bringing in over 300 players and big winners from each of the three courses. The winners from each course are as follows:

Tradition
1st Net: Rodney Kubicek, Jack Bergeron, Scott Rice, Phil Inman
2nd Net: Burke Ellison, Robert Workman, Stacey Palmatary, Jim Denney
1st Gross: John Walker, Tony Fox, Ron Whitmire, Don Crow

Creek
1st Net: Bill Yost, Fred Toney, Jeff Hibbler, Chris Atherton
2nd Net: Quentin Hicks, Jude Rolfes, Biran Nelson, Jerry Kennedy
1st Gross: Jason Price, Don Rundle, Paul Whitehead, Lance Wroblewski

Cypress
1st Net: Brian Spector, Frank Verducci, Kelly Lloyd, Tom Kleiderer
2nd Net: Ted Behrens, Richard Kaufman, Martin Buckley, Darrell Noblitt
1st Gross: Kevin Ryan, Chris Casey, David Casey, Will Cauley

But the competition didn’t end there; one lucky golfer became the new owners of a set of Irons provided by AIM Energy Advisors in a final drawing. This winner was Granger Anderson.

IPAA would like to extend a special thank you to all of this year’s sponsors, especially Schlumberger, who has been the tournament benefactor since the inception of the event. The success of this tournament would not be possible without each of the sponsor’s generous support.

Congratulations from WellPoint Systems and IPAA to all winners of the Wildcatters’ Open this year!

It’s time to get those clubs out and ready for IPAA’s 16th Annual Texas Wildcatters’ Open. As one of 50 sponsoring companies this year, WellPoint Systems is helping to drive in over 300 golfers for Thursday’s tournament. Participants will have the opportunity to win one of 53 door prizes, 18 skill prizes and 9 team prizes, including Continental round-trip airfares, free weekend getaways to Chicago and New York, and much more.

“I would like to thank Don Crow, our Golf Committee Chair and the committee for their excellent effort supporting this significant fundraiser for IPAA. We look forward to a very successful event with fun and networking for all the attendees. And I hope to see you at Cypresswood on Thursday,” said Bob Jarvis, IPAA’s Vice President of Membership, Business Development and Capital Markets.

The Wildcatters’ Open has welcomed numerous premiere sponsors, and last year’s tournament brought over 320 players with more than 50 sponsors. Keeping the rich tradition alive, this year’s registration will open on Thursday, March 25th from 10:00 AM –12:30 PM at the Cypresswood Golf Club clubhouse. Play will begin at Noon on each of the three golf courses.

As most know, IPAA (Independent Petroleum Association of America) serves to ensure a strong and visible domestic oil and gas industry. It is the national association representing thousands of independent crude oil and natural gas producers in the United States.

Stay tuned in to WellPoint Systems blog Thursday for updates on the winners of the Wildcatters’ Open!

According to UPI, crude oil prices topped $81 a barrel Friday on the New York Mercantile Exchange, closing at $81.50 a barrel, up $1.29 for the trading session.

Analysts said the higher price was boosted by U.S. jobs data and positive comments from Chinese officials about economic growth, MarketWatch reported.

“In addition to the jobs data, which was supportive, we also have the specter of geopolitical concerns in the market,” said Bill O’Neill, managing partner at Logic Investment Services.

The Labor Department said the nation’s unemployment rate held steady at 9.7 percent.

Also on Friday, Chinese Prime Minister Wen Jiabao told the Chinese Legislature he would maintain an 8 percent growth rate for the economy this year, MarketWatch said.

Gasoline and heating oil futures also closed higher after starting the day at $2.2624 per gallon for gasoline and $2.0874 per gallon for heating oil.

Natural gas for April delivery added 1.8 cents, to close Friday at $4.593 per million British thermal units.

At the pump, the national average price of unleaded gasoline was $2.72 per gallon, up from Thursday’s $2.706, AAA said.

Data quality has proven to be critical for good and accurate decision making in the oil and gas industry. Where most companies use technology to build their businesses, a common problem is that the information from each of their systems isn’t readily shared with other systems. Improving the quality of data is challenging, yet highly beneficial, in today’s business environment.

In E&P Magazine’s “Data Quality, What is it Worth,” Michael Weiss, of WellPoint Systems, emphasizes the bottom line of a good company: the integration of sources of data. To read the article, see http://www.epmag.com/Magazine/2009/11/item47356.php.