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Opportunities in Mature Provinces and Super Basins


How do we get more production from older fields around the world?
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Wednesday, February 21, 2018
London
The Geological Society

Mature Provinces around the world can offer significant opportunities for innovative companies in a low oil or gas price world - much infrastructure has already been built and the location of the great majority of resources/reserves is known.

Not just the North Sea - there is a growing interest in squeezing more recovery from "super basins" around the world - defined by IHS Energy as having produced at least 5bn boe and with at least 5bn recoverable resources remaining - such as the Permian Basin, Northwest German Basin, and more.

In addition to ensuring that such infrastructure does not disappear in some decommissioning ‘rush’, some topics that need to be integrated, ‘joined up’, are:

  • The large amounts of data that exists in such provinces that can be used to optimise future performance. Where is it, who owns it?
  • The existence of ‘marginal’ discoveries; there are reportedly (according to the OGA) over 300 of these in the UKCS alone, for example.
  • The availability of low cost development schemes, for example “Minimum Facilities”, which can be tied in to existing infrastructure.
  • Late Life Field Management, including cost reduction, automation, EOR….
  • The Carbon Capture and Storage opportunity, to use abandoned fields and facilities.

We welcome offers of presentations on this topic for our February Finding Petroleum event.
Just drop me an e-mail……

David Bamford

This event follows our March 2017 event "Finding & Exploiting new petroleum resources in Europe"

And March 2016 event "Finding & Exploiting new petroleum resources in Europe"

Agenda

 
8:30 Welcome & Introduction: followed by SESSION 1:
9:30 Speaker from -
Oil company




10:00 Speaker from -
Oil company




10:30 Speaker from -
Technology / service company

What the government and OGA should do about the North Sea


11:00 Coffee & Tea; Exhibits
11:30 Speaker from -
Technology / service company




11:30 Session 2
12:30 Speaker from -
Technology / service company




13:00 Lunch & Exhibits, followed by SESSION 3:
13:30 Speaker from -
Oil company




14:00 Speaker from -
Technology / service company




14:30 Speaker from -
Technology / service company




15:00 Speaker from -
Technology / service company




15:30 Close

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FEATURED VIDEO

Where Mubadala sees integration of drilling data with G&G going in the future
by Jess Kozman from Mubadala Petroleum


"David Bamford's expert overview."

KEY SUPPORTERS

Opportunities in mature provinces

Wednesday, February 21, 2018, London

Mature Provinces like the North Sea can offer significant opportunities for innovative companies in a low oil or gas price world - much infrastructure has already been built and the location of the great majority of resources/reserves is known.