Our industry has developed the technical capacity to move away from conventional reservoirs – whether sandstone or carbonate – with good porosity/permeability characteristics, and extract petroleum wherever it is ‘reservoired’ – whether still in the source rock, in ‘tight’ sands, in fractured basement and so on. The North American industry is leading this charge.
So if ‘conventional resources’ are defined as light oil or ‘clean’ gas in good poroperm sandstone or carbonate reservoirs, what do we refer to as ‘unconventional resources’ at the moment?
We can think about ‘unconventional hydrocarbons’: examples would include ‘heavy’ oil, ‘sour’ gas, ‘waxy’ crude, or about ‘unconventional reservoirs’: examples would include fractured ‘basement’, ‘tight’ sandstones, shales, coal beds, hydrates – in fact anything other than good poroperm sandstones or carbonates.
The only one of these resources for which the development technology is not yet proven is gas hydrates. The rest – whether shale gas, shale oil, ‘heavy’ oil, ‘waxy’ crude, coal bed methane, ‘tight’ gas – are all amenable to known, proven technologies, available in a competitive market.
What varies at the moment are the economics of exploitation. Thus, and for example, much shale gas in the USA is non-commercial at current prices; indeed, one could take the view that the best cash flow from shale gas has in fact come to oil field service companies that supply Fracturing/Stimulation, Horizontal Drilling or 3D/4D Seismic and to the US ‘resource play’ companies that have sold or farmed-down their shale gas assets.
Thus many ‘resource players’ are switching to shale oil, or are looking internationally for gas opportunities.
Putting North America to one side, the critical question is: where are the best international opportunities for investments in ‘unconventionals’?
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9:00
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Arrivals and Registration. Tea & Coffeee
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9:30
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David Bamford - - New Eyes Exploration
Welcome & Introduction - Below ground, "we have the technology!"
David Bamford is a geophysicist by background and an explorer by recent history, and is well known as both around the oil & gas industry. In addition to acting as a director or advisor to several small companies, including his own consultancy, he writes regularly for journals such as OilVoice, ROGTEC etc, and has recently co-founded OilVoice Forums as a vehicle for on-line communication in the oil & gas industry. He is a non executive Director of Tullow Oil (since 2004, and is a member of the Audit, Nominations and Remuneration Committees). With a PhD in Geological Sciences from the University of Birmingham, he has had over 23 years exploration experience with BP where he was Chief Geophysicist from 1990 to 1995, General Manager for West Africa from 1995 to 1998, and acted as Vice President, Exploration, directing BP's global exploration programme, from 2001 to 2003.
New Eyes Exploration New Eyes Exploration, founded by David Bamford, explores new ways to discover Oil and Gas.
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9:50
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Robert West - Research Associate - Sanford C. Bernstein
The significance of Unconventionals in the global picture
Sanford C. Bernstein Helping you build and preserve your wealth through the decades with investment research, financial planning, and wealth management services.
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10:25
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Neil McMahon & Ben Dell - - Kimmeridge Energy
Defining the core of shale plays
Kimmeridge Energy Kimmeridge Energy is an alternative asset investment manager focused exclusively on the energy sector. The company was founded in 2012 with the aim of leveraging the team's unique investment and operating experience to deliver superior returns to our investors.
Kimmeridge Energy's ambition is to be a top alternative asset manager as measured by risk adjusted returns, portfolio quality and client service. We also aim to be a preferred operating partner to those investing directly in the energy sector.
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11:30
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Manas Koley - Senior Geologist - Schlumberger
Exploitation of shale gas/oil - a journey from the US to Europe
Schlumberger Schlumberger is the leading oilfield services provider, trusted to deliver superior results and improved E&P performance for oil and gas companies around the world. Through our well site operations and in our research and engineering facilities, we are working to develop products, services and solutions that optimize customer performance in a safe and environmentally sound manner.
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12:05
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Per Magnus Nysveen - Senior Partner and Head of Analysis - Rystad Energy
A long term global forecast for the extraction of oil and gas from shale formations
Per Magnus joined Rystad Energy in 2004 and is leading the analysis team. He has particular expertise as an upstream portfolio and transaction advisor as well as wide experience with financial and fiscal regimes globally. He is also responsible for evaluation analysis of unconventional activities and is in charge of the North American Shale Quarterly Report. Per Magnus has developed comprehensive models for production profile estimations and financial modeling for oil and gas fields. He has 20 years of experience within risk management and financial analysis, primarily from DNV. In addition, he was responsible for risk assessment of the European Space Program, residing eight years in France and three years in South America. At DNV, Per Magnus had a pivotal role in various projects assessing offshore project risks and petroleum portfolios. He holds an M.Sc. degree from the Norwegian University of Science and Technology and an MBA from INSEAD in France.
Rystad Energy Rystad Energy's Vision "Transparency in the oil and gas business"
Who we are Rystad Energy is an independent oil and gas consulting services and business intelligence data firm offering global databases, strategy consulting, and research products. Rystad Energy's headquarters are located in Oslo, Norway.
What we do Rystad Energy provides services and products to E&P and oilfield service companies, investors, investment banks, and governments. •Global databases - interactive, bottom-up, and up-to-date databases covering the industry •Consulting services - providing support on strategy, transactions, market assessments, macro trends, etc. •Research products - multi-client reports provided as strategy tools or market deep dives •IT systems - transforming a third party's proprietary data to be accessed using Rystad Energy's deployment platform
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12:40
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David Bamford - - New Eyes Exploration
Above ground, there are "no hands on DECC"!
David Bamford is a geophysicist by background and an explorer by recent history, and is well known as both around the oil & gas industry. In addition to acting as a director or advisor to several small companies, including his own consultancy, he writes regularly for journals such as OilVoice, ROGTEC etc, and has recently co-founded OilVoice Forums as a vehicle for on-line communication in the oil & gas industry. He is a non executive Director of Tullow Oil (since 2004, and is a member of the Audit, Nominations and Remuneration Committees). With a PhD in Geological Sciences from the University of Birmingham, he has had over 23 years exploration experience with BP where he was Chief Geophysicist from 1990 to 1995, General Manager for West Africa from 1995 to 1998, and acted as Vice President, Exploration, directing BP's global exploration programme, from 2001 to 2003.
New Eyes Exploration New Eyes Exploration, founded by David Bamford, explores new ways to discover Oil and Gas.
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13:00
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Raffle prize draw, followed by lunch & refreshments
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Sanford C. Bernstein is widely recognized as Wall Street's premier sell-side research firm. Their research is sought out by leading investment managers around the world, and they are annually ranked at the very top of acknowledged arbiters. In independent surveys of major institutional clients, Bernstein's research is ranked #1 for overall quality, industry knowledge, most trusted, best detailed financial analysis, major company studies, most useful valuation frameworks, best original research, and most willing to challenge management. In Institutional Investor's 2008 annual client survey, the leading survey by which analysts in our industry are evaluated, 100% of our U.S. Analysts were recognized as among the best in their respective fields -- more than any other firm on Wall Street.
Rystad Energy is an independent oil and gas consulting services and business intelligence data firm offering global databases, strategy consulting, and research products. Rystad Energy's headquarters are located in Oslo, Norway.
Rystad Energy provides services and products to E&P and oilfield service companies, investors, investment banks, and governments.
•Global databases - interactive, bottom-up, and up-to-date databases covering the industry
•Consulting services - providing support on strategy, transactions, market assessments, macro trends, etc.
•Research products - multi-client reports provided as strategy tools or market deep dives
•IT systems - transforming a third party's proprietary data to be accessed using Rystad Energy's deployment platform
Drillinginfo accelerates workflows and business critical decision processes for the oil and gas industry resulting in faster, smarter, safer exploration and production of global resources. Drillinginfo offers an anytime, anywhere interface to data, analysis and mining tools through a vast web-enabled database of land, well, production and scouting information.
Tony Grindrod
Trustee
AAPG Europe
United Kingdom
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Oluwafunsho Daniel
Greenwich Maritime Institute
United Kingdom
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Ivan Sandrea
Oxford Institute for Energy Studies
United Kingdom
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Juha Makinen
Director Financial Analysis & Modelling
Advanced Power UK
United Kingdom
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Norman Hempstead
Director
Hempstead Geophysical Svcs
United Kingdom
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James Elston
Director
Palladian Energy
United Kingdom
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Marie Subaran
HR Assistant
Aramco Overseas
United Kingdom
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Graham Chalker
Global Practice Leader Oil and Gas
Hydrogen Group
United Kingdom
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Ekaterina Krylova
Account Manager
Paradigm
United Kingdom
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Brendan Shivnan
Expatriate Recruitment Representative
Aramco Overseas Company UK LTD
United Kingdom
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Thomas Galgut
Consultant
Hydrogen Group
United Kingdom
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Robert Parker
Consultant
Parker
United Kingdom
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Wojtek Mausch
Geophysicist
Aurelian Oil&Gas
United Kingdom
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Carl Penfold
Team Leader - Oil & Gas
Hydrogen Group
United Kingdom
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Gerald Stein
Director
Pays International
United Kingdom
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Dominic Thasarathar
Strategic Industry Relations
Autodesk
United Kingdom
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Michael Wynne
Director, Energy Initiatives
IHS
United Kingdom
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Mohammad Sirawan
Reservoir Engineer
PDC
United Kingdom
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Laura Devereux
Underwriter
Beazley
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Kevin Phillips
Basin Research Geologist
IHS
United Kingdom
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Alexander Chalke
Client Partner, Global Oil & Gas
Pedersen & Partners
United Kingdom
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Philipp Chladek
Analyst
Bloomberg Research
United Kingdom
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Lee Shorter
Business Development Manager, Africa
IHS
United Kingdom
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Cathryn dela Rosa
Petra Energia
United Kingdom
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eric oudenot
Principal
Boston Consulting Group
United Kingdom
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Bani Norouzian
Global Marketing Analyst
IHS
United Kingdom
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Temitope Adeyinka
Energy Analyst/Economist
Petroleum Development Consultants
United Kingdom
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David Turnell
Account Manager
Cameron Surface Systems
United Kingdom
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ARUNA MANNIE
PHD Postgraduate
Imperial College
United Kingdom
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Ismail Patel
Business Development Manager
Petroleum Development Consultants Ltd
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Ali Zolalemin
Head of Business Development
CGG
United Kingdom
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Luis Merida
Imperial College
United Kingdom
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Michael Sloane
Commercial Director
Petromall
United Kingdom
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Heather Pratt
Geomarket Director Europe
CGG
United Kingdom
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Chris McCarthy
Director
InfoCentric
United Kingdom
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Greg Coleman
MD
Petromall Ltd
United Kingdom
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Clare Baldock
Sales and Marketing Manager
CGGVeritas
United Kingdom
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John Knowles
Director
InfoCentric Limited
United Kingdom
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Perry Young
Technical Manager
PetroSaudi
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Charles Rutter
Analyst
Churchill Capital
United Kingdom
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Jack Pegram
Conference Producer
Informa Energy
United Kingdom
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Alastair Graham
Director Upstream
PetroSaudi International
United Kingdom
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phil sheridan
director
churchill capital
United Kingdom
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Olexander Hryb
Conference producer
ITE Groups
United Kingdom
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Jayson Marks
Pinsent Masons
United Kingdom
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Viktoriia Plyushch
LLM student
City Law School
United Kingdom
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Joe Staffurth
Director
JSI Services
United Kingdom
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Faye Wilson
CEE Analyst
PSG Deloitte
United Kingdom
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Hayrullah Ekiz
Llm student
City university
Turkey
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Rodrigo Rendon
Head of Business Development
KCA Deutag
United Kingdom
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Nigel Quinton
Director
QX Energy Limited
United Kingdom
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Merle Vanikver
City University Law School
Estonia
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Neil McMahon
Managing Director
Kimmeridge Energy
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Mark Redway
Fund Manager
RAB Capital
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Dimitrios Arvanitis
PhD Researcher
City University London
United Kingdom
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Alexander Inkster
Vice President
Kimmeridge Energy
United Kingdom
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Josh King
Analyst
RAB Capital
United Kingdom
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Diwin Amarasinghe
Geophysical Specialist
Consultant
United Kingdom
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Olusegun Sodeinde
Dean of Engineering
Lagos State Polytechnic,Ikorodu
Nigeria
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Nick Bright
Retired
United Kingdom
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John Summers
Geologist
Consultant
United Kingdom
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peter allen
consultant
layla resources
United Kingdom
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Robert Waterhouse
Director
RG Petroleum
United Kingdom
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micky allen
consultant
consultant
United Kingdom
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Christopher Touhey
Assistant Vice President
Liberty International Underwriters
United Kingdom
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Alastair Bee
Partner
Richmond Energy Partners
United Kingdom
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Dan Kunkle
Director
Count Geophysics
United Kingdom
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Peter Nicol
Advisory
Locin Energy
United Kingdom
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Paul Board
Business Development Manager
Robertson (A CGG company)
United Kingdom
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Hugh Ebbutt
Senior Consultant
CRA International
United Kingdom
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Camilla Roughan
Lockton
United Kingdom
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Andrew Webb
Deputy General Manager
Robertson Limited
United Kingdom
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Andrew Nunn
Asset Lead - UK Exploration
Dart Energy (Europe) Ltd
United Kingdom
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Charlie Whittaker
Lockton
United Kingdom
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Mick Small
Project Manager
RPS Energy
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Mike Larkin
Deloitte - Petroleum Services Group
United Kingdom
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Peter Leahy
Managing Director, Energy
Lockton Energy
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Julia Weiss
Rystad Energy
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karl jeffery
editor
Digital Energy Journal / Finding Petroleum
United Kingdom
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David Egya
London South Bank University
United Kingdom
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Steven Rowlands
Rystad Energy
United Kingdom
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Fabrice Toussaint
Chief Petroleum engineer
Dinova Petroleum ltd
United Kingdom
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Ludmilla Holmes
LSBU
United Kingdom
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Oswald Clint
Equity Analyst
Sanford Bernstein
United Kingdom
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Stephen Bellamy
Contracts
Drilling and Servicing Contractors
United Kingdom
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Andrew Hayman
Lynx Information Systems
United Kingdom
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Rob West
Sanford Bernstein
United Kingdom
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Ed Tree
Geophysical Consultant
Ed Tree Consulting
United Kingdom
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Ben Sayers
Senior GIS Geoscientitst
Lynx Information Systems
United Kingdom
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Masood Ayoub
Commercial Director
Sarwarzad Energy Ltd
United Kingdom
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Toyin Solanke
Consultant
Eknalos GeoTek
United Kingdom
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David Dugdale
Analyst
Manulife Asset Management
United Kingdom
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Manas Koley
Technical Sales Manager - Geology
Schlumberger
United Kingdom
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Nnamdi Anyadike
London office
Energy Correspondent
United Kingdom
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STUART SMITH
Underwriter
Markel International
United Kingdom
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Oguz Gurbuz
Associate Engineering
Scotia Waterous
United Kingdom
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Martin Blindheim
Managing Director
Energy Growth Partners Limited
United Kingdom
|
Charles Speh
Managing Director
Milestone Exploration Limited
United Kingdom
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Bill Senior
Consultant
Senior CCS Solutions Ltd
United Kingdom
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Alex Martinos
Senior Analyst
Energy Intelligence Group
United Kingdom
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Norrie Stanley
Chairman
Moorland
United Kingdom
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Matt Whitfield
BD
Shale Gas World
United Kingdom
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Martin Riddle
Technical Manager
Envoi
United Kingdom
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Lucy Bagnall
Underwriter
Navigators
United Kingdom
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Laura Mackett
SNR Denton
United Kingdom
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Richard Bayes
Geophysicist
EOG Resources
United Kingdom
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Ed Evans
MD
NDB Ltd
United Kingdom
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John Stockdale
Senior Associate
SNR Denton UK LLP
United Kingdom
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CHRIS SAMSON
Senior Operations Geologist
EOG Resources United Kingdom Ltd
United Kingdom
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Florence Bebb
Neftex
United Kingdom
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Mirjam Stegmann
Senior Analyst
Statoil
United Kingdom
|
Charles Czajkowski
Senior Business Development Manager
EPI Ltd
United Kingdom
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Douwe van der Meer
Team Lead New Ventures
Nexen
United Kingdom
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Irini Katsiani
Strategy Analyst
Statoil
United Kingdom
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Phuong Thai
Oil and Gas Research Associate
Evaluate Energy
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Laura Binnie
Geoscience Technologist
NEXEN
United Kingdom
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Jan Paul van Driel
Partner
StrategicFit
United Kingdom
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Mark Young
Analyst
Evaluate Energy
United Kingdom
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Ramesh Shukla
Shareholder of exploration companies
None
United Kingdom
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phillip moss
European Sales Manager
Teledyne Isco
United Kingdom
|
Ken Gardiner
Area Sales Manager - Europe, Middle East & North Africa
ffA
United Kingdom
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Peter Henley
Associate
Norton Rose LLP
United Kingdom
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Derric Richardson
New Venture Manager
Tesla Exploration
United Kingdom
|
Adam Marmaras
Event Organiser
Finding Petroleum
United Kingdom
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Anna Smirnova
Associate
Norton Rose LLP
United Kingdom
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Elena Plekhanova
The City Law School
|
John Finder
Sales Manager
Finding Petroleum / Digital Energy Journal
United Kingdom
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Nikki van der Meer
Associate
Norton Rose LLP
United Kingdom
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Bryony Senczyszyn
Conference Director
The Energy Exchange
United Kingdom
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Victoria Cole
Petroleum Geologist
Fugro Robertson
United Kingdom
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Stuart Fordyce
Geologist
Novas Consulting
United Kingdom
|
Oliver Stevens
Director
The Energy Exchange
|
Rebecca Bolton
Fugro Robertson
United Kingdom
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Richard Burren
InSAR Surveying Manager
NPA Satellite Mapping, a CGG Company
United Kingdom
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Brian McBeth
Managing Partner
The Oxford Consultancy Group
United Kingdom
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Jan Loades
Marketing Geologist
Fugro Robertson
United Kingdom
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Keith Nunn
Managing Director
Nunngeo Consulting Ltd
United Kingdom
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Bill Arnold
Trap Oil Group plc
United Kingdom
|
Martin Hodge
Business Development & Project Geophysicist
Geokinetics
United Kingdom
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Gareth Pearce
Oil and Gas
United Kingdom
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Steve Esau
Analyst
Xynteo
|
elwyn jones
Director
GeoPartners
United Kingdom
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