Pete Cokinos, RIP

Houston’s business community lost another of its longtime oil and gas entreprenuers on Sunday when Geneos P. “Pete” Cokinos of Beaumont died at the age of 88. Mr. Cokinos died a day after another famous Houston wildcatter, Michel T. Halbouty, who was a friend and contemporary of Mr Cokinos. Mr. Cokinos’ obituary is here.
Mr. Cokinos was the oldest of five children of the P.D. Cokinos family, which included a sister and four brothers. Mr. Cokinos and his three brothers were all veterans of the U.S. Army in World War II and graduates of Texas A&M University, and Mr. Cokinos was the first of an incredible seventeen members of that family to attend and graduate from Texas A&M. Mr. Cokinos and his brothers subsequently funded an academic Presidential Scholarship at A&M in memory of their parents.
Mr. Cokinos was the uncle of well-known Houston attorney, Greg Cokinos. Funeral services are scheduled for this evening and Wednesday in Beaumont.

Michel Halbouty, RIP

One of the characters the local business community that make Houston a special place — Michel T. Halbouty — died on Saturday in Houston after a long battle with cancer. He was 95 at the time of his death. His obituary is here.
As founder, president and chairman of Michel T. Halbouty Energy Co. in Houston, Mr. Halbouty was one of Houston’s famed wildcatters who made and lost millions in the wild and wooly Texas oil and gas business over the past 70 years.
With his trademark bushy mustache, Mr. Halbouty cut quite a swath in business circles. An expert in Gulf Coast salt dome prospecting, Mr. Halbouty was inducted into the Texas Science Hall of Fame in 2002 for his contributions to geoscience. He authored four books and more than 300 articles on geology and petroleum engineering, and among the well-known oil and gas fields that Mr. Halbouty either discovered or developed were the South Boling Field in Wharton County, the South Liberty Field in Liberty County, the West Saratoga Field in Hardin County, the Pheasant Field in Matagorda County, and the Fostoria Field in Montgomery County.
Mr. Halbouty was also an important figure in the development of Texas A&M University over the past two generations. After graduating from A&M in 1930 with a degree in petroleum engineering, Mr. Halbouty earned masters’ degrees in geology and petroleum engineering the following year, and, in 1956, was the first recipient of Texas A&M?s professional degree in geological engineering. Mr. Halbouty was also a recipient of distinguished alumni awards from the A&M Association of Former Students and A&M?s Dwight Look College of Engineering. He was a an A&M Visiting Centennial Professor and a founding member of the President?s Endowed Scholars Program. For his service and contributions to the university, the building that houses the A&M’s department of geology and geophysics is named for him.
Finally, Mr. Halbouty is widely credited with persuading former president George H.W. Bush to locate his presidential library on the Texas A&M University campus in College Station.
Mr. Halbouty was also widely involved in civic affairs in the Houston area. Mr. Halbouty also served on the boards of the Houston Symphony Society, Houston Grand Opera, Greater Houston Council of Camp Fire Girls, Texas Children’s Hospital, and Houston’s Museum of Fine Arts.
Funeral services for Mr. Halbouty are pending.

Calvin Murphy goes to trial

Former Houston Rockets star and Basketball Hall of Famer Calvin Murphy trial on sexual assault charges stemming from claims he molested five of his daughters when they were children cranks up today in Judge Mike McSpadden‘s criminal state district court in Houston. Here are the earlier posts on the case.
The trial is expected to last about two weeks. Murphy, 55, is charged with three counts of indecency with a child and three counts of aggravated sexual assault. Each charge is punishable by up to life in prison, so Murphy’s freedom for the remainder of his life is literally at stake.
This trial is going to be ugly and very sad.

The Houston Open – consequences of bad decisions

This Chronicle article about the downturn in the Houston Golf Association‘s charitable donations after a less than stellar Shell Houston Open this past spring brings to mind how even well-intentioned people can bungle a good thing through a series of bad decisions.
The HGA has operated the Houston Open PGA Tour golf tournament for about 60 years. Although Houston has a rich golf tradition, the Houston Open has not always been a resounding success. Indeed, I vividly recall a time in the 1970’s when, after a particularly unfulfilling Houston Open, the Houston Post’s cranky golf columnist, the late Jack Gallagher, penned a controversial column in which the basic thrust was “if this is the best you can do, then why don’t we just forget about having the Houston Open.” The HGA’s members were not pleased with Gallagher’s column, but what he had to say had some merit.
To the HGA’s credit, however, it turned things around. In 1975 or so, the HGA entered into a long term agreement with The Woodlands Corporation, which at the time was in the early stages of developing a master-planned suburban community on the far northside of Houston’s metropolitan area. For the next 26 years, the Houston Open and The Woodlands enjoyed a mutually beneficial relationship as the golf tournament rode The Woodlands’ extraordinary success and growth to become one of the top tournaments on the PGA Tour in terms of the amount of money raised for charity each year. That status was cemented when Royal Dutch/Shell Corporation stepped up in the 1990’s to become a stable title sponsor for the tournament.
However, in the late 90’s, the partnership between the HGA and The Woodlands Corporation began to have problems. The HGA believed that the tournament needed to move from the Tournament Players Course in The Woodlands, which had parking problems and was not a particularly popular venue with many of the top players. After The Woodlands Corporation developed the outstanding Carlton Woods Golf Club on the westside of The Woodlands, the HGA concluded that The Woodlands Corporation had reneged on its commitment to build a new Tom Fazio-designed TPC Course on the westside of The Woodlands to host the Houston Open. The Woodlands Corporation — now owned by different owners than the ones who had struck the original deal with the HGA — concluded that the HGA did not sufficiently appreciate how much the growing attractiveness of The Woodlands had contributed to the success of the tournament and that The Woodlands really did not need the golf tournament to continue its phenomenal success.
Consequently, in 2002, the HGA decided to leave The Woodlands and relocate to Redstone Golf Club on the northeast side of Houston. Although the local media typically mimics the HGA’s endlessly positive pronouncements regarding the move to Redstone, the decision is beginning to look like a monumental blunder.

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The man known as “C.T.”

Chris Tomlin is one of the emerging stars in the world of contemporary Christian worship music, and this Austin American-Statesman article profiles this outstanding Texan on the start of his 70 city tour with fellow Christian rocker, Steven Curtis Chapman.
Chris and I became good friends and golfing buddies when he was just starting his career at my church in The Woodlands about 10 years ago, and I have watched in admiration as his music career has continued to ascend after his move to Austin several years ago. This is truly one of those success stories that could not have happened to a nicer guy.
Coincidentally, I put in a call to Chris (or “C.T.” as he is known in golfing circles) yesterday afternoon to see if he could swing into Houston and play with me in a golf game on Saturday morning with Capitol Records country music recording artist, Dierks Bentley, who is in The Woodlands to perform at the Pavilion on Saturday night. Dierks is the younger brother of another old friend of mine, Bart Bentley, who is a longtime Houston real estate attorney.
C.T. was always quite a hearthrob to many of the teenage girls at our church during his time in The Woodlands, and he apparently has not lost any of his charm in that regard. The female reporter from the Statesman gushes as follows:

With this tousled blond hair, gleaming teeth and elfin face, he’s the stuff of teeny-bopper magazines. He’s 34 but looks a decade younger. And of course he’s sporting cool shades.

Give me a break. That adulation will cost C.T. several strokes of punishment on the first tee of our next big golf game. ;^)

A&M to name Robert D. McTeer, Jr. as its new chancellor

This Chronicle article reports that Texas A&M University is preparing to name Dallas Federal Reserve Bank president Robert D. McTeer, Jr. as its new chancellor in the near future. This Dallas Morning News article profiles Mr. McTeer.

Durst case finally comes to a close

After killing his neighbor three years ago and dumping the butchered body into Galveston Bay and then winning an acquittal in his subsequent 2003 murder trial, Robert Durst — an heir to a New York family’s real estate fortune — pleaded guilty Wednesday to two counts of bail jumping and one of evidence tampering that will allow Durst to get out of prison in less than a year. Here are earlier posts on the Durst case.
The deal came just two hours after state appellate judge Judge Jackson B. Smith Jr. had removed removed Galveston State District Judge Susan Criss from the case. Judge Criss had refused the plea deal earlier in the week, which was yet another strange twist in a case. Judge Criss had been rebuked by the appellate court earlier this year for setting Durst’s bail at $3 billion dollars on the three relatively minor charges after Durst had been acquitted in the murder trial (the appellate court reduced the bail to $450,000). With credit for time served both before and after his murder trial, Durst will likely be freed from prison early next year under state prison system rules.
The recusal came after sheriff’s investigators testified before Judge Smith that Judge Criss had given them information in December that prompted an investigation into possible jury tampering during Durst’s murder trial. Although the investigators found no evidence of criminal activity by jurors or anyone involved in the trial, they did secretly tape-record conversations between Durst and a juror who visited him in jail after the trial. Nevertheless, Durst did admit in the taped conversation that he skipped a court appearance after he posted a $300,000 bond in the murder case in September 2001.
As a result, Durst’s defense attorneys Dick DeGuerin and Mike Ramsey maintained that Judge Criss’ involvement in the jury tampering investigation that led to Durst’s taped admission made her a potential witness in Durst’s bail-jumping case, and that such involvement required her to be removed from adjudicating the case. When Judge Criss refused to recuse herself from the case earlier this week, Judge Smith did so in about 10 minutes on Wednesday.

Best of Houston: Best Blog

The Houston Press names Charles Kuffner’s Off the Kuff as Houston’s best blog in its annual Best of Houston series. A worthy selection. Congratulations, Charles!

New plan for the Astrodome

With the construction of the Juice Box and Reliant Stadium, one of the local political footballs that is lobbed around Houston from time to time is the following issue: What should we do with the Astrodome?
The local sports and convention corporation spends about $1.5 million annually to host a small number of events at the Astrodome and, even if the facility were to be mothballed, the corporation would spend $500,000 annually in maintaining it. Even razing it would be expensive, probably costing $10 million to $20 million. Moreover, Harris County still owes more than $50 million on bonds issued to pay for renovations at the Astrodome during the 1980s (remember Bud Adams?), and that debt will mature in 2012.
Consequently, The Astrodome is a knotty problem. It’s expensive to maintain and, quite frankly, the County is not spending the money to maintain it properly. As a result, it is a dump at this point, and it looks haggard next to gleaming Reliant Stadium and the new Reliant Convention Center that are next door neighbors to the Dome in Reliant Park. Unless something can be done to make some other use of the grand ol’ dame of Houston sports facilities, most Houstonians would rather see it blown up so that the space it uses could be transformed into more parking at Reliant Park.
However, this Chronicle article reports that the company looking to redevelop the Astrodome is planning on converting it into a 1,000 room convention hotel. The Astrodome hotel would be the second largest hotel in town, second to the 1,200 room Hilton Americas Convention Hotel next to the George R. Brown Convention Center in downtown Houston.
Although the Gaylord Texan Hotel in Grapevine near DFW Airport in the Dallas-Ft. Worth area is an existing prototype of what a retrofitted Dome could be, my sense is that this proposal for the Astrodome is not likely to occur without a substantial subsidy from Harris County. Consequently, let’s see if the Chronicle or any other Houston news media discloses the true taxpayer cost of retrofitting and maintaining the Dome in comparison to alternative uses of the property. Given the Chronicle’s abysmal performance in providing accurate information regarding the cost of the Streetcar Named Disaster, my expectations are not high.