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 well known around the oil & gas industry both as an explorer and a geophysicist. He holds a Physics degree from the University of Bristol and a Ph.D in Geological Sciences from the University of Birmingham.
Since 2004, he has been a non-executive director at Tullow Oil plc, being recruited for this position especially for his exploration knowledge. He serves on the Nominations and Remuneration Committees, and was chairman of the latter, and Senior Independent Director, for 3 years prior to his retire from the board at the end of April 2014.
He was on the board of Premier Oil from May 2014 to May 2016.
He retired from BP plc in 2003, his last four positions being Chief Geophysicist (1990-1995), Business Unit Leader (General Manager) for first West Africa and then Norway (1995-1999), and finally Head of Exploration until 2003.
He has served on the boards of Paras Ltd, a small exploration and IS/IT consulting company in which he held 22% equity, until its sale to RPS Energy in 2008 and Welltec a/s, a Danish well engineering company, as the nominee of the private equity investor Riverside.
From 2012 to 201 he was on the board of ASX-quoted Australia Oriental Energy as a non-executive director.
He was a founder of Richmond Energy Partners, a small oil & gas research house, and several media companies that focus on the oil & gas sector, and has served as an advisor to Alliance Bernstein, Opus Executive, the Parkmead Group plc, and Kimmeridge Energy LLP. Since retiring from BP, he has undertaken asset and company valuation projects for investment banks, hedge funds and small oil companies.
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
Founded in 2012, Kimmeridge Energy invests directly in unconventional oil and gas projects and assets, primarily in North America.
The Kimmeridge team consists of investment professionals with deep industry relationships and an in-house operating team with considerable experience in geologic evaluation, land acquisition and engineering.
Kimmeridge Energy maintains offices in New York City, Denver and London.
For more information about Kimmeridge Energy, please visit the Company's web site at www.kimmeridgeenergy.com.
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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 well known around the oil & gas industry both as an explorer and a geophysicist. He holds a Physics degree from the University of Bristol and a Ph.D in Geological Sciences from the University of Birmingham.
Since 2004, he has been a non-executive director at Tullow Oil plc, being recruited for this position especially for his exploration knowledge. He serves on the Nominations and Remuneration Committees, and was chairman of the latter, and Senior Independent Director, for 3 years prior to his retire from the board at the end of April 2014.
He was on the board of Premier Oil from May 2014 to May 2016.
He retired from BP plc in 2003, his last four positions being Chief Geophysicist (1990-1995), Business Unit Leader (General Manager) for first West Africa and then Norway (1995-1999), and finally Head of Exploration until 2003.
He has served on the boards of Paras Ltd, a small exploration and IS/IT consulting company in which he held 22% equity, until its sale to RPS Energy in 2008 and Welltec a/s, a Danish well engineering company, as the nominee of the private equity investor Riverside.
From 2012 to 201 he was on the board of ASX-quoted Australia Oriental Energy as a non-executive director.
He was a founder of Richmond Energy Partners, a small oil & gas research house, and several media companies that focus on the oil & gas sector, and has served as an advisor to Alliance Bernstein, Opus Executive, the Parkmead Group plc, and Kimmeridge Energy LLP. Since retiring from BP, he has undertaken asset and company valuation projects for investment banks, hedge funds and small oil companies.
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 States
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Martin Hodge
Business Development & Project Geophysicist
Geokinetics
United Kingdom
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Ivan Sandrea
Oxford Institute for Energy Studies
United Kingdom
|
Juha Makinen
Director Financial Analysis & Modelling
Advanced Power UK
United Kingdom
|
elwyn jones
Director
GeoPartners
United Kingdom
|
Mike Larkin
Business Development Executive
Palantir Solutions
United Kingdom
|
Marie Subaran
HR Assistant
Aramco Overseas
United Kingdom
|
Oluwafunsho Daniel
Greenwich Maritime Institute
United Kingdom
|
James Elston
Director
Palladian Energy
United Kingdom
|
Brendan Shivnan
Expatriate Recruitment Representative
Aramco Overseas Company UK LTD
United Kingdom
|
Alexander Chalke
Partner
Grosvenor Clive & Stokes
United Kingdom
|
Ekaterina Krylova
Account Manager
Paradigm
United Kingdom
|
Lucy Bagnall
Underwriter
Argenta Syndicate Management
United Kingdom
|
Jayson Marks
Partner
Holman Fenwick Willan
United Kingdom
|
Robert Parker
Consultant
Parker
United Kingdom
|
Dominic Thasarathar
Strategic Industry Relations
Autodesk
United Kingdom
|
Thomas Galgut
Consultant
Hydrogen Group
United Kingdom
|
Gerald Stein
Director
Pays International
United Kingdom
|
Laura Devereux
Underwriter
Beazley
|
Carl Penfold
Team Leader - Oil & Gas
Hydrogen Group
United Kingdom
|
Mohammad Sirawan
Reservoir Engineer
PDC
United Kingdom
|
Oswald Clint
Senior Analyst
Bernstein Research
United Kingdom
|
Graham Chalker
Global Practice Leader Oil and Gas
Hydrogen Group
United Kingdom
|
Cathryn dela Rosa
Petra Energia
United Kingdom
|
Philipp Chladek
Analyst
Bloomberg Research
United Kingdom
|
Michael Wynne
Senior Director Global Operations
IHS
United Kingdom
|
Temitope Adeyinka
Energy Analyst/Economist
Petroleum Development Consultants
United Kingdom
|
eric oudenot
Principal
Boston Consulting Group
United Kingdom
|
Lee Shorter
Business Development Manager, Africa
IHS
United Kingdom
|
Ismail Patel
Business Development Manager
Petroleum Development Consultants Ltd
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Ken Gardiner
Business Development
Business Development Consultant
United Kingdom
|
Bani Norouzian
Business Development Manager-IHS Energy
IHS Global
United Kingdom
|
Michael Sloane
Commercial Director
Petromall
United Kingdom
|
David Turnell
Account Manager
Cameron Surface Systems
United Kingdom
|
Kevin Phillips
Principle Basin Research Geologist
Ihs Markit
United Kingdom
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Perry Young
Technical Manager
PetroSaudi
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Clare Baldock
Sales and Marketing Manager
CGG
United Kingdom
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Luis Merida
Imperial College
United Kingdom
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Alastair Graham
Director Upstream
PetroSaudi International
United Kingdom
|
Andrew Webb
Manager, Petroleum Reservoir and Economics
CGG
United Kingdom
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Chris McCarthy
Director
InfoCentric
United Kingdom
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ARUNA MANNIE
Senior Exloration Geoscientist
Premier Oil
United Kingdom
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Heather Pratt
Geomarket Director Europe
CGG
United Kingdom
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John Knowles
Director
InfoCentric Limited
United Kingdom
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Faye Wilson
CEE Analyst
PSG Deloitte
United Kingdom
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Jan Loades
Marketing Geologist
CGG
United Kingdom
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Jack Pegram
Conference Producer
Informa Energy
United Kingdom
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Nigel Quinton
Consultant
QX Energy Limited
United Kingdom
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Charles Rutter
Analyst
Churchill Capital
United Kingdom
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Joe Staffurth
Director
JSI Services
United Kingdom
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Mark Redway
Fund Manager
RAB Capital
United Kingdom
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phil sheridan
director
churchill capital
United Kingdom
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Rodrigo Rendon
Head of Business Development
KCA Deutag
United Kingdom
|
Josh King
Analyst
RAB Capital
United Kingdom
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Viktoriia Plyushch
LLM student
City Law School
United Kingdom
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Alexander Inkster
Vice President
Kimmeridge Energy
United Kingdom
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Nick Bright
Retired
United Kingdom
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Hayrullah Ekiz
Llm student
City university
Turkey
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Neil McMahon
Director of Research
Kimmeridge Energy
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Paul Board
Business Development Manager
Robertson (A CGG company)
United Kingdom
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Merle Vanikver
City University Law School
Estonia
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Olusegun Sodeinde
Dean of Engineering
Lagos State Polytechnic,Ikorodu
Nigeria
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Robert Waterhouse
Director
Rosha Resources Ltd
United Kingdom
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Dimitrios Arvanitis
PhD Researcher
City University London
United Kingdom
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Peter Allen
Consultant
Layla Resources
United Kingdom
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Norrie Stanley
Consultant
RPS Energy
United Kingdom
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Diwin Amarasinghe
Geophysical Specialist
Consultant
United Kingdom
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Christopher Touhey
Assistant Vice President
Liberty International Underwriters
United Kingdom
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Mick Small
Project Manager
RPS Energy
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John Summers
Geologist
Consultant
United Kingdom
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Peter Nicol
Advisory
Locin Energy
United Kingdom
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Steven Rowlands
Rystad Energy
United Kingdom
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Micky Allen
consultant
consultant
United Kingdom
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Camilla Roughan
Lockton
United Kingdom
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Julia Weiss
Rystad Energy
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Dan Kunkle
Director
Count Geophysics
United Kingdom
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Charlie Whittaker
Lockton
United Kingdom
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Rob West
Sanford Bernstein
United Kingdom
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Andrew Nunn
Asset Lead - UK Exploration
Dart Energy (Europe) Ltd
United Kingdom
|
Peter Leahy
Managing Director, Energy
Lockton Energy
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Masood Ayoub
Commercial Director
Sarwarzad Energy Ltd
United Kingdom
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karl jeffery
Editor
Digital Energy Journal
United Kingdom
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David Egya
London South Bank University
United Kingdom
|
Manas Koley
Technical Sales Manager - Geology
Schlumberger
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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Oguz Gurbuz
Associate Engineering
Scotia Waterous
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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Bill Senior
Consultant
Senior CCS Solutions Ltd
United Kingdom
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Ed Tree
Geophysical Consultant
Ed Tree Consulting
United Kingdom
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David Dugdale
Analyst
Manulife Asset Management
United Kingdom
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Matt Whitfield
BD
Shale Gas World
United Kingdom
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Toyin Solanke
Consultant
Eknalos GeoTek
United Kingdom
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STUART SMITH
Underwriter
Markel International
United Kingdom
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Laura Mackett
SNR Denton
United Kingdom
|
Ali Zolalemin
Director
Emeres Ltd
United Kingdom
|
Charles Speh
Managing Director
Milestone Exploration Limited
United Kingdom
|
Mirjam Stegmann
Senior Analyst
Statoil
United Kingdom
|
Nnamdi Anyadike
London office
Energy Correspondent
United Kingdom
|
Ed Evans
MD
NDB Ltd
United Kingdom
|
Irini Katsiani
Manager, Business Development
Statoil
United Kingdom
|
Martin Blindheim
Managing Director
Energy Growth Partners Limited
United Kingdom
|
Florence Bebb
Neftex
United Kingdom
|
Jan Paul van Driel
Partner
StrategicFit
United Kingdom
|
Alex Martinos
Senior Analyst
Energy Intelligence Group
United Kingdom
|
Douwe van der Meer
Team Lead New Ventures
Nexen
United Kingdom
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phillip moss
European Sales Manager
Teledyne Isco
United Kingdom
|
Martin Riddle
Technical Manager
Envoi
United Kingdom
|
Laura Binnie
Geoscience Technologist
NEXEN
United Kingdom
|
Derric Richardson
New Venture Manager
Tesla Exploration
United Kingdom
|
Richard Bayes
Geophysicist
EOG Resources
United Kingdom
|
Wojtek Mausch
Contracting Geophysicist / Consultant
Nomad Geosciences
Poland
|
Ben Sayers
Business Development Manager, AME
TGS
United Kingdom
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CHRIS SAMSON
Senior Operations Geologist
EOG Resources United Kingdom Ltd
United Kingdom
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Ramesh Shukla
Shareholder of exploration companies
None
United Kingdom
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Elena Plekhanova
The City Law School
|
Charles Czajkowski
Senior Business Development Manager
EPI Ltd
United Kingdom
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Anna Smirnova
Associate
Norton Rose LLP
United Kingdom
|
Oliver Stevens
Director
The Energy Exchange
|
Mark Young
Analyst
Evaluate Energy
United Kingdom
|
Nikki van der Meer
Associate
Norton Rose LLP
United Kingdom
|
Bryony Senczyszyn
Conference Director
The Energy Exchange
United Kingdom
|
Phuong Thai
Oil and Gas Research Associate
Evaluate Energy
|
Peter Henley
Associate
Norton Rose LLP
United Kingdom
|
Brian McBeth
Managing Partner
The Oxford Consultancy Group
United Kingdom
|
Adam Marmaras
Event Organiser
Finding Petroleum
United Kingdom
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Stuart Fordyce
Geologist
Novas Consulting
United Kingdom
|
Bill Arnold
Trap Oil Group plc
United Kingdom
|
John Finder
Sales Manager
Finding Petroleum / Digital Energy Journal
United Kingdom
|
Richard Burren
InSAR Surveying Manager
NPA Satellite Mapping, a CGG Company
United Kingdom
|
Alastair Bee
Westwood Global Energy
United Kingdom
|
Rebecca Bolton
Fugro Robertson
United Kingdom
|
Keith Nunn
Managing Director
Nunngeo Consulting Ltd
United Kingdom
|
Hugh Ebbutt
Associated Director
WSS Energy Consulting
United Kingdom
|
Victoria Cole
Petroleum Geologist
Fugro Robertson
United Kingdom
|
Gareth Pearce
Oil and Gas
United Kingdom
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Steve Esau
Analyst
Xynteo
United Kingdom
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Greg Coleman
CEO
Future Energy Partners
United Kingdom
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