2022 Convention Presentations

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We had some great speakers at this year’s Annual Convention & Trade Show! Did you miss something? Need the presentations? Download the presentations below.

 

Oil Markets in Today’s Environment – Jim McCallie, HedgeRight Energy Solutions

Hedging for Oil Producers: How to use futures market to manage oil price risk – Jim McCallie, HedgeRight Energy Solutions

Handle Data Dilemmas in Microsoft Excel – Dawn Monroe, Microsoft Office Specialist Master, Dawn Monroe Training

Environmental, Social, and Governance – What Does it Mean to the Small Independent – Seth Whitehead, Illinois Petroleum Resource Board

The History of the Wildcatter Award – The All Time Top Ten Discoveries – Marshall Daniel, Marshall Daniel, Consulting Geologist & Robert Stewart, Stewart Producers & Dale Helpingstine, Retired Geologist

What you need to know about Subsurface Energy Storage? – Hannes E. Leetaru, Illinois State Geological Survey

Tachyus: Machine Learning/Artificial Intelligence for reservoir evaluation and optimization – Dayanara Bentancourt, Reservoir Engineering Advisor, TACHYUS

Then and Now – The Past 75 Years of Well Logging, Hydraulic Fracturing and Waterflooding in the Illinois Basin – Jeff Hoy, Jerry Robinson & Jim Brooker

Legal & Legislation Session
Matthew McArthy, McArthy Law & Jarred Tynes, Black, Ballard and McDonald, PC

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2022 Annual Convention & Trade Show

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Longtime IOGA Members

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DEPA Chairman Harold Hamm’s Statement on Rising Energy Prices

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“This Administration needs to immediately reverse course on energy both in America and globally.

What we are seeing today in energy prices is the impact of electing to work with cartels instead of the domestic oil and gas producers of America. We can supply the oil and natural gas right here in the U.S., for our country and the rest of the world, if provided the opportunity to operate.

There’s no reason to hobble one of America’s most innovate and economically essential industries by choosing to place punitive regulations that are literally drying up American supply. This ultimately hurts hard-working Americans who are going to feel the ramifications of higher prices the most. There is no need to raise the price of energy for every American family who are already dealing with inflation rates we haven’t seen in 40 years.

Read the full statement here.

IPRB Releases 2021 Illinois Oil Production Report

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Seth Whitehead, IPRB

IPRB Releases 2021 Illinois Oil Production Report

Illinois crude oil production totaled just under 7.4 million barrels in 2021. Click below to download IPRB’s annual Illinois oil production report.

2021 Illinois Oil Production Report
2021 Illinois Oil Production Press Release
2021 Illinois Oil Production by County Map

2021 Illinois Oil Production by County

IPRB’s annual Illinois oil production report also received coverage from WRUL/WROY radio in Carmi and the Robinson Daily News/Lawrenceville Daily Record. You can read the stories at the following links.

WRUL-WROY Story

Robinson Daily News/Lawrenceville Daily Record Story

2022 Oil and Gas Assessment Schedule

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The following are full 100% values of working and royalty interest in an oil well, and should be debased in the median level of assessment for the county.

Download the 2022 oil and gas assessment schedule 

Oil & Gas Producer Group Names New Executive Director

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The Illinois Oil and Gas Association (IOGA) announced Jim Elder of Carmi, IL, as the new Executive Director.

Elder succeeds Robert Stewart, a long-time oil industry leader from Mt. Vernon. Elder believes the annual production from the Illinois Basin is very strategic to the U.S.

“I am looking forward to working with the IOGA team in making an impact at the state legislature and national association levels,” said Jim Elder.

Elder was born and raised in Southern Illinois. He graduated from Eastern Illinois University with a B.S. in earth sciences – geography/geology. After graduation, he joined the Reed Tool Company and spent his entire career in the oil and gas service industry, serving domestic U.S. and international Latin America. He continued his education at Southern Methodist University earning an executive M.B.A.

“Jim has great experience in the oil industry and will bring a calm, steady outlook to our organization,” said J. Nelson Wood, IOGA president.

Elder enjoys cooking outdoors, traveling, and is a certified Master Gardner. He especially enjoys entertaining family and friends. He is married to Kathy and is the father of two sons.

Covid Related Credits & Self Employment Savings

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We appreciate Michael Finazzo of Brown, Smith and Settle, LLC and the Illinois Basin Professionals for putting together this presentation.

You can view the presentation here.

You can view the slides here. 

Oil & Gas Producer Group Names New Executive Vice President

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MOUNT VERNON, Ill., Feb. 1, 2021 – The Illinois Oil and Gas Association (IOGA) announced Robert Stewart of Mt. Vernon, IL, as the new Executive Vice President. Stewart’s employment with IOGA will commence on February 1st.

Stewart succeeds Seth Whitehead, who will continue his Executive Director role at the Illinois Petroleum Resource Board.

The oil industry is a family tradition for Stewart, whose grandfather, Edward Stewart, started in the 1890s. His current company, Stewart Producers, was established in 1951 by Stewart’s father as an operating company for Stewart Oil. It expanded into well servicing in 1966 and got into exploration after Stewart Oil dissolved in 1968.

“I’ve been on the IOGA board of directors for over 25 years,” Stewart said. “I’m looking forward to expanding my relationship with IOGA in this new role and continuing to help IOGA advocate for our members.”

Stewart has been a long-standing member of IOGA. He was awarded the IOGA Petroleum Professional of the Year in 2019 and his company, Stewart Producers, Inc., was awarded the IOGA Wildcatter of the Year award in 2016.

“Robert has been a great asset to our association throughout the years,” said IOGA President Bryan Hood, “He always brings forward great ideas and viewpoints to issues.”

Stewart graduated from Mt. Vernon Township High School in 1975. He attended the University of Texas and graduated with a B.S. in petroleum engineering with honors. He worked with Exxon Company USA until he joined Stewart Producers, Inc. in 1984, before being named president in 1992.

“This group has made a tremendous impact on our industry,” Stewart said. “Time and time again, IOGA has been on the frontlines, advocating for and educating our members.”

Stewart has served on the following boards: the Society of Petroleum Engineers, American Association of Petroleum Geologists, Illinois Oil and Gas Association, State of Illinois Petroleum Advisory Board, and the Petroleum Technology Transfer Council. He is married to Dee Ann and is the father of Cameron and Paisley.

 

About IOGA

The Illinois Oil and Gas Association is a group of oil and gas producers, landowners, royalty owners, service producers, and others in the Illinois Basin area. For more information, visit www.ioga.com.

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