In overcoming the technical challenges of oil exploration in the Arctic, are we making the most of a strategic resource or heading for an environmental and political minefield?
The vast Arctic region is probably the last remaining unexplored source of hydrocarbons on the planet. In the past three decades of oil exploration in the Arctic, more than 200 billion barrels of oil have been discovered. Ultimate resources are estimated at 114 billion barrels of undiscovered oil and 2,000 trillion cubic feet of natural gas. If these estimates are correct, these hydrocarbons would account for more than a fifth of the world’s undiscovered reserves. This great prize, in a world of diminishing resources, has stimulated both governmental and industry interest in areas such as the US and Canadian Beaufort Sea, East and West Greenland and the Kara Sea.
Balanced against this are the considerable technical challenges of exploring and producing hydrocarbons in areas where sea ice is present for more than half the year, as well as the underlying threat of damage to a pristine Arctic environment.
Harnessing the considerable resources of the ‘final frontier’ is going to be fraught with many technical, political and environmental challenges that will engage many minds, both scientific and political over the next half century.
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9:30
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David Bamford - - New Eyes Exploration
Welcome & Introduction
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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9:35
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Alastair Fraser - EGI Chair in Petroleum Geoscience - Imperial College
The Arctic: Opportunities, Challenges and Risks
Professor Alastair J. Fraser has recently (June 2010) been appointed to the newly created post of EGI Chair in Petroleum Geoscience. He holds a BSc from Edinburgh University (1977) and a PhD from Glasgow University (1995), both in Geology. Al previously worked for BP as a Petroleum Geologist/Exploration Manager for over 30 years. His career in petroleum exploration, has taken him to most corners of the world including N. America, Europe, Africa, Middle East and the Far East. Following the BP Amoco merger, he led the team which made the significant Plutonio discovery in Block 18, deepwater Angola. He is the author of many papers on the petroleum geology of extensional basins most notably on the North Sea Jurassic and northern England Carboniferous.
Imperial College
Consistently rated amongst the world's best universities, Imperial College London is a science-based institution with a reputation for excellence in teaching and research.
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10:10
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Sergey Drachev - Geological Associate - ExxonMobil
An overview of the petroleum geology of the Russian Arctic Shelves
ExxonMobil
ExxonMobil is one of the largest publicly traded companies by market capitalization in the world, having been ranked either No.1 or No. 2 for the past 5 years. Exxon Mobil's reserves were 72 billion oil-equivalent barrels at the end of 2007 and, at then (2007) rates of production, are expected to last over 14 years. With 37 oil refineries in 21 countries constituting a combined daily refining capacity of 6.3 million barrels (1,000,000 m3), Exxon Mobil is the largest refiner in the world, a title that was also associated with Standard Oil since its incorporation in 1870.
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10:45
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Speaker from Kadme and Acona - - KADME
How the oil industry can reduce risk in the Arctic with more accessible data
Talk Description.
This presentation is by KADME, and Acona.
KADME
KADME is a leading provider of information management software and services to the oil and gas industry. KADME's flagship product is Whereoil, an enterprise search engine designed for energy companies. Whereoil lets you find and manage all your data, structured or unstructured, wherever it is, for all users.
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11:20
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David McInroy - - ECORD (European Consortium for Offshore Research Drilling)
The First IODP Expedition to the Central Arctic: Drilling the Lomonosov Ridge
Talk Description.
The First IODP Expedition to the Central Arctic: Drilling the Lomonosov Ridge
Robert Gatliff and David McInroy
ECORD Science Operator
E-mail: eso@bgs.ac.uk
Web: http://www.eso.ecord.org/
The ocean geoscience research community has long wished to core deep holes in the Arctic Ocean seabed to start unravelling the geology, resources and environmental changes of the least understood ocean basin in the world.
The Integrated Ocean Drilling Program (IODP) is the most recent version of the ocean research drilling programme which follows the DSDP and the ODP. Under IODP, there is for the first time the option to charter vessels other than the JOIDES Resolution, which opened up the possibility to core in the central Arctic Ocean. In August-September 2004, the Arctic Coring Expedition (ACEX) became both the first IODP mission specific platform Expedition, and the first IODP Expedition to the central Arctic Ocean.
The greatest challenge faced by ACEX was the requirement that the drillship hold position in continuously moving sea-ice while coring. This required the support of two icebreakers, the Oden and the Sovetskiy Soyuz, to break up the sea-ice sheets as far as possible to protect a third ice breaker, the ice-strengthened Vidar Viking, specially converted to undertake the drilling and downhole logging program.
The ice conditions heavily influenced the operation, both en route and at the selected drill sites. Tremendous efforts were devoted to understanding, predicting and possibly controlling the ice conditions near the proposed drill sites. A detailed ice management plan, prepared by the Swedish Polar Research Secretariat (SPRS) and an international panel of experts, was implemented to allow the Vidar Viking to remain on station for up to 10 days at a time whilst the ice was broken up to pass around the drillship. The success of the Expedition is largely attributed to the high quality of the ice management expertise.
The small drillship and the support icebreakers had none of the usual laboratory facilities associated with IODP Expeditions; hence the initial analysis of the cores was undertaken by the Scientific Party at the IODP Bremen Core Repository in Germany. ACEX recovered cores from up to 428 m below the sea floor in waters around 1300 m deep, and thus achieved the first deep coring in the central Arctic Ocean. The results of the Expedition have been spectacular, and have been published in several high impact journals.
The total cost of the Expedition was around US$11M. The budget allowed for an Expedition duration of 38 days, and smooth transits in both directions between Tromsø, Norway, and the sites resulted in 24 days of operations.
In the new phase of IODP (2014-2023), it is hoped that several more Arctic coring expeditions will be undertaken.
ECORD (European Consortium for Offshore Research Drilling)
ECORD, the European Consortium for Ocean Research Drilling, is a management structure of 16 European member countries and Canada for scientific ocean drilling within the Integrated Ocean Drilling Program (IODP).
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11:35
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Lunch, Coffee & Tea
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12:15
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Paul Harrington - - GORE® Surveys
Geochemical de-risking in Arctic Regions: Identifying hydrocarbon phase before drilling
Talk Description.
The talk will demonstrate the ability of surface geochemistry to define hydrocarbon phase, gas or liquids, in reservoirs. Examples from Russian and Canadian Arctic regions will be shown
GORE® Surveys
Founded in 1958, W. L. Gore & Associates, Inc. is a privately-held company headquartered in Newark, Delaware, USA. For more than 50 years, Gore has built a worldwide reputation for ethics and integrity in its dealings with customers, suppliers, and employees, and for taking a long-term view when assessing business situations.
Today, Gore has approximately 9,000 employees, called associates, located in 30 countries worldwide, with manufacturing facilities in the United States, Germany, Scotland, Japan, and China, and sales offices around the world.
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12:50
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Phil Fontana - Chief Geophysicist - Polarcus
A Holistic Approach to Arctic Seismic Acquisition
Talk Description.
Polarcus/Phil Fontana will illustrate that with our Ice-Class 1A X-Bow design vessels, our efficient sources, our use of emissions reducing technology and our DnV audited Arctic procedures we offer a truly holistic approach to acquiring 3D seismc in the Arctic environment.
Phil has over 32 years of experience in the field of marine geophysics. During that time he has held several senior level technical positions in marine seismic data acquisition at Western Geophysical, WesternGeco, Veritas DGC, and CGGVeritas. Prior to joining Polarcus in December of 2008, Phil held the position of Geophysical Manager for CGGVeritas' marine acquisition product line. Phil holds a BS degree in Geology and a MS degree in Geophysics from the University of Connecticut in the USA.
Polarcus
We have a pure play strategy focusing on the marine towed streamer seismic acquisition business, coupled with a strong commitment to minimize our environmental impact in the performance of our work. This clear strategy will ensure that our extensive experience and resources will be fully focused on the successful execution of seismic surveys, whether proprietary or multi- client, 3D or 4D, whilst leaving the lowest possible environmental footprint.
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13:25
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Oswald Clint - Senior Analyst - Bernstein Research
Arctic Exploration - does any of it make sense!
Dr Clint joined Sanford C. Bernstein in 2004 and was part of the Energy Team with Neil McMahon covering the Global Integrated Oil sector.
Currently he is the Senior Research Analyst covering the European E&P and Russian Oil & Gas sectors. The Bernstein Energy franchise has become well known due to both the provocative commentary on the commodities and oil stocks, as well as the innovative research that forms the core of their frequent publications. Previously, he worked as an accountant and consultant for KPMG covering energy, gas, and chemical sectors. Dr Clint received his PhD in Geophysics from University College London where he specialised in sub-surface rock physics and is also a Chartered Accountant.
Bernstein Research
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.
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14:00
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Raffle Draw, followed by refreshments
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RPS Energy provides a range of technical, commercial and project management support services to the international energy industry, covering geoscience, engineering and HS&E, with offices around the world.
We have a pure play strategy focusing on the marine towed streamer seismic acquisition business, coupled with a strong commitment to minimize our environmental impact in the performance of our work. This clear strategy will ensure that our extensive experience and resources will be fully focused on the successful execution of seismic surveys, whether proprietary or multi- client, 3D or 4D, whilst leaving the lowest possible environmental footprint.
Cameron is a leading provider of flow equipment products, systems and services to worldwide oil, gas and process industries. Leveraging its global manufacturing, engineering and sales and service network, Cameron works with drilling contractors, oil & gas producers, pipeline operators, refiners and other process owners to control, direct, adjust, process, measure and compress pressures and flows.
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.
Astrium Services GEO-Information division comprises the earth observation and imagery exploitation expertise of Infoterra and Spot Image, offering sustainable geospatial solutions.
Astrium's exploration services group provides acquisition, processing, interpretation and management of geospatial data for oil, gas, mineral and engineering companies worldwide.
We provide consultancy services covering the full exploration process, from regional geological studies and natural oil seep mapping to environmental baseline analysis and terrain evaluation for pipeline and facilities planning. Our solutions cover both onshore and offshore exploration and can be delivered direct to you - in the field or the office.
The Astrium Global Seeps database covers over 60 million km² - spanning the Arctic to South America and from Europe through to the Far East and Australasia.
Astrium, a wholly owned subsidiary of EADS, is dedicated to providing civil and defence space systems and services. EADS is a global leader in aerospace, defence and related services.
Tony Grindrod
Trustee
AAPG Europe
United States
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Karl Jeffery
Editor
Finding Petroleum
United Kingdom
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Samuel Runham
Account Director
Ovum
United Kingdom
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Arild Haugen
Principal advisor
Acona
Norway
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Adam Marmaras
Event Organiser
Finding Petroleum
United Kingdom
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Shamil Yenikeyeff
Research Fellow
Oxford Institute for Energy Studies
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Olga Shtepenko
Associate Director
AECOM
United Kingdom
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John Finder
Sales Manager
Finding Petroleum / Digital Energy Journal
United Kingdom
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David Buchan
Research fellow
Oxford Institute for Energy Studies
United Kingdom
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Chris Hart
UK portfolio manager
Aerion Fund Management
United Kingdom
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Richard Hardman
Director, Technical Adviser
FX Energy
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Robert Parker
Consultant
Parker
United Kingdom
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Paul Murphy
Key Account Manager, Oil and Gas Division
Airbus Defence and Space
United Kingdom
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David Webber
Seismic Operations Supervisor
GBPetroleum
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Yasmin D'Este
Business Development Director
Petroleum Geo Services
United Kingdom
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Dan Hughes
Key Account Manager, Oil & Gas Division
Airbus Defence and Space
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George Walker
Consultant
GEOCOM
United Kingdom
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Alexander Dementiev
Regional Manager
Petroleum Geo-Services
Norway
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E Jendruck
Analyst
AKE
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Lin Kenealy
Sales and Marketing Director
GeoGuide Consultants Limited
United Kingdom
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Ron Borsato
Team Leader - Advisor Geophysics
Petroleum GeoServices
United Kingdom
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Sergey Drachev
Principal Geologist
ArcGeoLink Limited
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Richard Martin
MD
GeoGuide Consultants Ltd
United Kingdom
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David Bamford
Petromall Ltd
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Tim Reilly
Chairman
ARCTIC ADVISORY GROUP
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Martin Hodge
Business Development & Project Geophysicist
Geokinetics
United Kingdom
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Anna Galkina
Researcher
Platform-London
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Toby Ross
Analyst
Baillie Gifford
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Sian Grant
Marketing Geophysicist
Geokinetics Processing Uk
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Josh King
Analyst
RAB Capital
United Kingdom
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Andrew Harber
Consultant Acquisition Ceophysicist
Barnes Geophysical Services Ltd.
United Kingdom
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Robert FE Jones
Director
Geoko Ltd
United Kingdom
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Bruce McMichael
Director
Renaissance Media
United Kingdom
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Volkmar Damm
Head of Unit Marine Seismics
BGR Hannover
Germany
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elwyn jones
Director
GeoPartners
United Kingdom
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Roger Doery
Retired
Retired
United Kingdom
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Paul Stockley
Partner
Bond Pearce LLP
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Alexandra Kenna
Managing Director
GEOSERVE Limited
United Kingdom
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Robert Snashall
Consultant
RGSConsult
United Kingdom
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Ken Agu
Executive Director
Bresson Energy Limited
United Kingdom
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Lara Tarasewicz
Business Development
Geotrace
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Adam Borushek
Reservoir Engineer
RISC Advisory
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David McInroy
ECORD Science Manager
British Geological Survey
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Michael Golden
Consulting Petroleum Geologist / Russian Translator
Golden&Associates
United Kingdom
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Felicite Robertson
Robertson & Co - Translation & Interpreting
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Corine Wood-Donnelly
Brunel University
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Dirk Hellwig
Sales Leader
Gore Surveys, W.L. Gore & Associates
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Paul Board
Business Development Manager
Robertson (A CGG company)
United Kingdom
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David Forecast
Cairn Energy Plc
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Alexander Chalke
Partner
Grosvenor Clive & Stokes
United Kingdom
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Andy Byrne
Senior Manager
Royal Dutch Shell
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Wladyslaw Wygnanski
Director
Camcon Technology Ltd
United Kingdom
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Andrei Belopolsky
Exploration Manager New Ventures
Hess
United Kingdom
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Duncan Depledge
Researcher
Royal United Services Institute
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Phil Jordan
director business development - controls
Cameron
United Kingdom
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Tim Gibbons
Managing Director
Hoolock Consulting
United Kingdom
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Mick Small
RPS Energy
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Imre Matajz
District Manager (Arctic, Caspian)
Cameron Subsea Systems
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David Jenkins
Director
Hurricane Energy plc
United Kingdom
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Peter Simpson
Consultant
RPS Energy
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Emily Ashford
Director - Oil & Gas Research
Cantor Fitzgerald
United Kingdom
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Adrian Heafford
Senior Geologist
IHS
United Kingdom
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Martin Smith
Business Development Manager - Operations
RPS Energy
United Kingdom
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Julian Lee
Senior Energy Analyst
CGES
United Kingdom
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Kevin Chandler
Senior Product Manager - International Logs and Seismic
IHS
United Kingdom
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Rob Naylor
Seismic Project Manager
RPS Ltd
United Kingdom
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Steven Bowman
Senior Geoscientist
CGG
United Kingdom
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Zhaocong Zhou
consultant
IHS
United Kingdom
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Steven Rowlands
Sales Manager
Rystad Energy
United Kingdom
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Andrew Webb
Manager, Petroleum Reservoir and Economics
CGG
United Kingdom
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Julio Gomez
BDM
Ikon
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Stephen Ward
Head of VMM O&G
Siemens PLC
United Kingdom
|
Jaswinder Mann
Geoscientist
CGGVeritas
United Kingdom
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Phil Carpenter
Business Development Manager
Ikon Science Ltd
United Kingdom
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Paul Maton
Director
Sillimanite Consultants
United Kingdom
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Ceri Roach
Geologist
Chemostrat Ltd
United Kingdom
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Alastair Fraser
Professor
Imperial College
United Kingdom
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John Hall
Business Development Geophysicist
Spectrum Geo Limited
United Kingdom
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Daniel Keely
Business Development Manager
Cisco
France
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Martin Hayes
Drilling Advisor
Independent
United Kingdom
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Hon Chan
Underwriter
SwissRe
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John Hall
Consultant geophysicist
Consultant
United Kingdom
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Jamie Balmer
Analyst
Infield
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Damian Dowling
Business Development Manager, Imaging
TGS
United Kingdom
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Christopher Roberts
Principal
consultant
United Kingdom
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Evgeny Makushin
Manager
ITE Group plc
United Kingdom
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Chris Anderson
Sales Director
TGS
United Kingdom
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David Moore
Exploration Geologist
Consultant
United Kingdom
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Graham Smith
Director
Jeffers Investment Management
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Brian McBeth
Managing Partner
The Oxford Consultancy Group
United Kingdom
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Diwin Amarasinghe
Geophysical Specialist
Consultant
United Kingdom
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Gianluca Monachese
Director Business Development
KADME
Norway
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chris lynden
Principal Operations Geologist
Tullow
United Kingdom
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Colin David
Business Development
Consultant
United Kingdom
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Erin Lynch
Manager, Marketing and Comm
Kadme
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John Doherty
Principal Geophysicist, Geophysical Technology Group
Tullow Oil
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Peter Farrington
Geophysicist
Consultant Geophysicist
United Kingdom
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Alan MacDonald
Sales Manager
Kadme
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DIMITRIS LYRAS
MANAGER
ULYSSES SYSTEMS
United Kingdom
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Dan Kunkle
Director
Count Geophysics
United Kingdom
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Rajeev Madhavan
Oil & Gas Analyst
Lambert Energy Advisory Ltd
United Kingdom
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kyriakos theodosiou
associate director
west lb
United Kingdom
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Rick Donoghue
Director
Crescus
United Kingdom
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Matt Luheshi
leptis E & P Ltd
United Kingdom
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Daniela Baumgaertel
WestLB
|
Rick Donoghue
Director
Crescus
United Kingdom
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Rod Makin
Consultant
LK Exploration
United Kingdom
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Elke Feldhaus
Risk Analyst
WestLB AG
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Catherine Plowdon
Oil and Gas Analyst
Deloitte
United Kingdom
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Camilla Roughan
Lockton
United Kingdom
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Daniel Strachan
Assistant Manager
Weston Compliance
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David Valente
Analyst
Deloitte
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Peter Leahy
Managing Director, Energy
Lockton Energy
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Matthew Hall
Weston Compliance Services Ltd
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David Mirzai
Analyst
Deutsche Bank
United Kingdom
|
Zsolt Schleder
Lukoil
|
Sarah Lewis
Willis
|
Marcus Flint
Senior Principal Consultant
DNV GL Ltd
United Kingdom
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Sarah Davis
Lukoil Overseas UK
United Kingdom
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Lily Lee
account executive
Willis
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Zoë Simms
Multi-client Survey Operations
Dolphin Geophysical
United Kingdom
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Stephen Cain
Leading Specialist in Geology
Lukoil Overseas UK Ltd
United Kingdom
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Doug Woodworth
Broker
Willis
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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
|
Ian Picton
Divisional Director
Willis
United Kingdom
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Martin Blindheim
Managing Director
Energy Growth Partners Limited
United Kingdom
|
Thomas Jewell
Neftex Champion - Middle East & North Africa
Neftex (Halliburton)
United Kingdom
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Keith Sandford
Executive Director
Willis Energy
United Kingdom
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Martin Riddle
Technical Manager
Envoi
United Kingdom
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Kate Evans
Geoscientist
Neftex Petroleum Consultants
|
Ian Dyke
Executive Director
Willis Limited
United Kingdom
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Jonathan Moore
Senior Analyst
Evaluate Energy
|
Ramesh Shukla
Shareholder of exploration companies
None
United Kingdom
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Paul Harrington
Senior Geologist
WL GORE
United States
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Hannah Mumby
Analyst
Evaluate Energy
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Helen Turnell
Principal Consultant
NR Global Consulting Ltd
United Kingdom
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Hugh Ebbutt
Associated Director
WSS Energy Consulting
United Kingdom
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