The Oklahoma Independent Petroleum Association Wildcatters Club

Plano, Texas, resident Larry M. Koonce has led operations at North American Drilling Corporation for nearly a decade. To remain current in his field, Larry Koonce maintains membership with the Oklahoma Independent Petroleum Association (OIPA) Wildcatters Club.

For over 35 years, the Wildcatters Club has brought together leaders and innovators in the oil and mining industries. OIPA first organized the club to acquire additional support to confront the ongoing legal and political obstacles that posed challenges to sector businesses. Each year, Wildcatters members contribute money to OIPA through their membership with the club, providing assistance to the association’s OKIEpac political group.

The Wildcatters Club offers several member levels in various cost brackets. The most basic membership, entitled Prospector, costs $250 a year, allowing more OPIA participants to take part in the club. Prospector members receive invitations to all club events, an email subscription, and recognition in all published material. For $5,000 a year, OIPA members can join the Wildcatters Club at the Inner Circle level. These affiliates actively participate in legislative and advisory board meetings and receive an invitation to the Inner Circle’s annual retreat.

How do 3D Seismic Surveys Work?

Larry M. Koonce is the president and chief executive officer of the North American Drilling Corporation, a leading oil and gas production company based in Plano, Texas. As the organizational leader of North American Drilling, Larry Koonce manages the company’s oil and gas exploration activities. To find the most promising prospects, North American Drilling draws upon technologies such as 3D seismic surveys.

Like 2D seismic imaging, 3D seismic surveys involve the creation of a shock wave in a target area and subsequent analysis of the geological data it provides. Unlike 2D surveys, which create a shock wave along a predetermined line, 3D surveys use a system of source points and receiver points positioned perpendicular to one another in a grid system. The shock wave originates from source points, reflects off of subsurface features, and is ultimately collected at the receiver points in a target area. The data obtained from the shock wave enters a series of computerized processes which aggregate the data and create a detailed topographical image. Geologists and geophysicists can then interpret these images and determine whether or not the area is likely to contain oil and gas reserves.

TXOGA Offers Many Benefits to Members

Founder and president of North American Drilling Company Larry M. Koonce has legacy of ties to the energy industry. His grandfather worked as a driller, and his uncle was a geologist for Sunoco. Larry Koonce retains a broad network of contacts within the energy industry and is a member of the Texas Oil and Gas Association (TXOGA).

With approximately 5,000 members throughout the state, TXOGA is the largest group representing petroleum interests in the state. TXOGA offers several membership levels. A basic membership is ideal for a single individual. In addition, TXOGA has two business membership categories. The first, Sustaining Company/Corporate Membership, is based on company size. The second category, Formula Company Support, is connected to operational volumes.

Through TXOGA membership, individuals and businesses gain access to valuable contacts and up-to-date advisories and bulletins to keep them informed about the latest industry happenings. Members also gain discounts to attend TXOGA-sponsored events. In addition, members have opportunities to work on committees that shape the future of the energy industry in Texas.