Global Hotspots - where can we find big oil & gas fields

Deepwater, increasingly Onshore....Mexico, Myanmar, Russia, Kurdistan and more! 0

Tuesday, May 14, 2013, London, The Geological Society

It is fashionable to identify deepwater – especially in the South Atlantic, unconventionals – especially in North America, and the Arctic – offshore Alaska, Russia, perhaps Greenland – as the ‘hot spots’ in the current global exploration scene.

This is probably true when looking in the rear view mirror or, given what appear to be the limited aspirations of most Majors today, saying “me too!” and/or peering at smaller, more agile competitors. If we get out our crystal balls, is this picture going to remain true looking forward; what can we say about what explorers will be doing over the next 18 months? What will the world of global exploration look like when we review, around this time in 2015, what happened in 2013 and 2014?

This Forum will take a good look at 2012 in the rear view mirror. Which small-medium sized companies have been successful and where; where indeed have the ‘hotspots’ been? How has this played out in terms of mergers and acquisition activity; who has survived, who has gone under, who has been bought out?

Then, looking forward, can we make any sort of prediction where the ‘hotspots’ of 2013 and 2014 will be? Where are exploration companies going to be drilling frontier wells and perhaps, as an even better leading indicator of future activity, where are seismic (and other geophysical) companies shooting multi-client data?

No doubt deepwater will continue, but if so where? Perhaps the much heralded international move onshore is upon us? Or perhaps relatively out of favour areas such as SE Asia will rise again (either because of or perhaps in spite of the geopolitical pressures in the South China Sea?).

If you would like to make a presentation at this topical event, please contact David Bamford via the Finding Petroleum website; if you are interested in sponsorship or exhibiting, please contact Terry O’Donnell in the same way.

Agenda

9:00 Arrivals and Registration. Tea & Coffee

9:30

David Bamford - Director - Finding Petroleum

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.

Finding Petroleum
Finding Petroleum was established to help the oil and gas industry network, and stay up to date on the latest technological developments. It does this via hosting regular events and with an online social network of nearly 10,000 members.
9:40

Dr Keith Myers - Founding Partner - Richmond Energy Partners

Reflections on 2012


After completing a Ph. D. at Imperial College, Keith joined BP in 1987 as a geologist. Following a variety of technical roles, he became a Senior Commercial Advisor in 1996 when he led several major negotiations for new business access as well as Business Strategies for BP’s business in West Africa and BP’s Strategic Alliance with Statoil. Since 2000 Keith has been an advisor to numerous energy companies on strategy and partnership issues Keith founded Richmond Energy Partners in 2006 to provide independent advice to investors in smaller oil and gas companies. Richmond Energy advise some of the largest funds and institutions investing in the sector. Keith takes a keen interest in oil sector governance and served on the organising committee of the Good Governance of the National Petroleum Sector Project at the think tank Chatham House.

Richmond Energy Partners
Richmond Energy Partners was founded in 2006 and provides independent advice to investors in smaller oil and gas companies. It provides advice to some of the largest funds and institutions investing in oil and gas. Dr Myers has a Phd from Imperial College, London and joined BP as a geologist in 1987, eventually becoming senior commercial advisor at BP in 1996, leading negotiations for new business access for BP in Angola and in its strategic alliance with Statoil.
10:15

Paul Markwick - Technical Director - Getech

The importance of integrating global tectonic settings, climatic evolution and palaeogeographic response in identifying the next exploration hotspots


Paul has over 25 years experience in academia and industry. He began his career at BP back in the 1980s where his work included upwelling predictions using conceptual climate models, palaeogeographic mapping, cyclostratigraphy and oil from coals. In 1989 he started his PhD with Professor Fred Ziegler, as part of the Paleogeographic Atlas Project at the University of Chicago. His work on palaeoclimate proxies brought together palaeogeography, palaeoclimatology, database design and management and statistics. This was followed by a post-doc with Professors Paul Valdes and Bruce Sellwood at the University of Reading applying palaeoclimate models to the southwest African coast as an exploration tool for placer diamonds. In 1998 he joined Robertson Research (now CGG-Robertson) where he developed the palaeogeographic and predictive source rock models, which subsequently became central to the “Merlin” project. He joined Getech at the end of 2004 to set up the Petroleum Systems Evaluation Group and became group manager in 2006. He joined Getech’s board in 2008 as Geological Director and became Technical Director in 2010.

Paul continues to actively pursue academic research and has convened two conferences on Palaeogeography (Cambridge 2008) and Predictive Lithofacies Modelling (Snowbird 2006), as well as publishing numerous papers on topics as diverse as glacioeustacy, Antarctic tectonics and palaeogeography, database design, the K/T extinction, biodiversity and climate, palaeoclimate proxies and drainage analysis.

Paul has is a Visiting Research Fellow at the Universities of Bristol and Leeds.

Getech
For over 25 years, we've been using our data and geoscience expertise to help the oil and mining industries locate the earth's natural resources. Whatever your requirements, our multidisciplinary team of geoscientists can help you make enlightened business decisions.

At Getech, we offer a range of services dedicated to helping you understand the geological risks and opportunities associated with locating natural resources - whether you're working on a global or regional scale.

Our eco-system offers a holistic view of how our core services interact, with Globe at the centre.
10:50

Ed Collins - Oceania Team Leader, Neftex - Landmark Exploration Insights

The Bight Basin: From Regional Context to Licence Block Evaluation


Landmark Exploration Insights
Landmark Exploration Insights (formerly Neftex), is a product family within Landmark, a business line of Halliburton. We specialise in the collation, integrations and interpretation of large geoscience dataset and the delivery of these as subsurface models. We are recognised as industry leaders in the provision of web-based sequence stratigraphic products and their global application. Our integrated global geological database - the Neftex Earth Model delivers data, knowledge and insight to help our clients better understand geological risk in their exploration and investment activities.
11:25 Lunch & refreshments - Sponsored by Spectrum

12:00

Graham Mayhew - Executive Vice President of Africa Business Unit - Spectrum

Potential deepwater hotspots


Graham has 30 years’ experience in the seismic industry, having previously worked for Western Geophysical, Cogniseis, Landmark and WesternGeco in various managerial roles. During the last 14 years Graham has been focusing his efforts on developing new ventures and the Multi-Client business in Africa for WesternGeco where his last role was Multi-Client manager for Europe and Africa. Graham’s current role at Spectrum – Executive Vice President of Africa Business Unit - is to further grow their presence in Africa.

Spectrum
Spectrum is established as a key player in the seismic services market. The company focuses on delivering high-quality Multi-Client seismic data and holds the world's largest 2D offshore library.

Spectrum is among the seismic industry's fastest growing companies. The Spectrum group provides innovative Multi-Client seismic surveys and high quality Seismic Imaging services to the global oil and gas industry from offices in the USA, Norway, UK, Brazil, Australia, Indonesia and Singapore.
12:35

James Buckley - New Ventures Geoscientist - CGG

Pre-salt exploration in the Santos Basin

Talk Description.
The pre-salt Santos Basin exploded onto the international scene in 2005 with the drilling of the first well on the Tupi structure – now known as Lula . Costing in the region of $270m, this did not only represent a triumph of engineering; it was the biggest discovery in the Americas since Cantarell in Mexico, 1976. With this 6.5 billion barrel oilfield, and the Santos Basin’s pre-salt plays still having a lot more to offer, Brazil is certainly the focus of much attention on the international energy stage.

This presentation gives an overview of the exploration in the basin, before taking an in-depth look at the geological challenges associated with reservoir prediction in the pre-salt. Finally, we will look at what the future holds for the Santos Basin – are there more big fields waiting to be found?
James is a New Ventures Geoscientist in CGG's Multi-Client & New Ventures team.
He is 24 years old, and completed his MSc in Petroleum Geoscience from Royal Holloway in September 2012. Since graduating, he has been working as a New Ventures Geoscientist at CGG. His MSc independent project revolved around understanding carbonate facies distribution in the pre-salt of the Santos Basin – the aim is to take this research to the next level, providing an interesting insight into the future of this exciting exploration frontier.

CGG
CGG is a fully integrated Geoscience company providing leading geological, geophysical and reservoir capabilities to its broad base of customers primarily from the global oil and gas industry.
13:10

Ivan Sandrea and David Bamford - - Oxford Institute for Energy Studies

Future onshore 'hotspots'


Ivan Sandrea is a senior advisor to the Oxford Institute for Energy Studies and a global consultant.

Ivan’s previously served as President and COO for the Energy Intelligence Group (EIG) in London. Prior to joining EIG, Ivan was Vice President of Global Strategy and Business Development, and Vice President of International E&P Strategy for Statoil (4 yeas). During his career at Statoil he established world class units within the firm covering both business intelligence and strategy development (London and Oslo). Prior to his position at Statoil, he was Head of Oil Supply at the Organization of the Petroleum Exporting Countries (OPEC), and was responsible for the supply and oil balance sections of the OPEC Monthly Report and the supply section in the annual World Oil and Industry Outlook reporting directly to the Secretariat and the Economic Commission Board (Austria). At OPEC, Ivan also acted as the technical liaison with non-OPEC countries and represented OPEC at the UNECE Expert Group on Resource Classification in Geneva. Ivan is also familiar with the financial community and before working at OPEC was Associate Vice President for Oil & Gas Equities at Merrill Lynch. He is trained as a petroleum geologist and began his career at BP Exploration International where he worked in exploration, operations, and commercial positions in Venezuela, Norway and Egypt.

Ivan is currently active as a Senior Research Advisor at the Oxford Institute for Energy Studies (UK); member of the Oxford Energy Policy Club; co-founder, Board Member, and lecturer of strategy at the Executive Energy MBA program at Vienna’s Wirtschaftsuniversität (WU) in Austria; member of the UNECE Expert Group on Resource Classification (Geneva);Board Member of KleineHerzen (Austria), a non-profit organisation dedicated to supporting orphans children in Russia and Ukraine. He has published over 16 papers and contributed to a number of books and publications.

He was recently appointed as a trustee to the Energy Policy Research Foundation, Inc. (Washington, D.C.). EPRINC, a non-profit think tank established in 1944, provides research and analysis of contemporary petroleum issues.
Ivanholds a BSc. in geology from Baylor University, a MSc. and MBA from Edinburgh University and attended the BerkleyExecutive Leadership Program. He is married and has one son.

David Bamford is one of the founders of Finding Petroleum.

Oxford Institute for Energy Studies
The Oxford Institute for Energy Studies was founded in 1982 as an autonomous centre for advanced research into the social science areas of energy issues. The Institute is committed to the idea of dialogue - between consumers and producers, government and industry and academics and decision makers. This is reflected in the membership of the Institute and in the composition of its research team, which is drawn from different national, academic and professional backgrounds. Our aim is that co-operation between researchers from these varied backgrounds, will lead to a more informed and balanced understanding of the behaviour, motivations and objectives of the various economic forces, agents and policy makers that operate in or influence the performance of international energy markets.
13:45 Raffle draw and tea & coffee

Sponsors of this event

Landmark Exploration Insights
Landmark Exploration Insights (formerly Neftex), is a product family within Landmark, a business line of Halliburton. We specialise in the collation, integrations and interpretation of large geoscience dataset and the delivery of these as subsurface models. We are recognised as industry leaders in the provision of web-based sequence stratigraphic products and their global application. Our integrated global geological database - the Neftex Earth Model delivers data, knowledge and insight to help our clients better understand geological risk in their exploration and investment activities.

Richmond Energy Partners
Richmond Energy Partners was founded in 2006 and provides independent advice to investors in smaller oil and gas companies. It provides advice to some of the largest funds and institutions investing in oil and gas. Dr Myers has a Phd from Imperial College, London and joined BP as a geologist in 1987, eventually becoming senior commercial advisor at BP in 1996, leading negotiations for new business access for BP in Angola and in its strategic alliance with Statoil.

Spectrum
Spectrum is established as a key player in the seismic services market. The company focuses on delivering high-quality Multi-Client seismic data and holds the world's largest 2D offshore library.

Spectrum is among the seismic industry's fastest growing companies. The Spectrum group provides innovative Multi-Client seismic surveys and high quality Seismic Imaging services to the global oil and gas industry from offices in the USA, Norway, UK, Brazil, Australia, Indonesia and Singapore.

Spectrum
Spectrum is established as a key player in the seismic services market. The company focuses on delivering high-quality Multi-Client seismic data and holds the world's largest 2D offshore library.

Spectrum is among the seismic industry's fastest growing companies. The Spectrum group provides innovative Multi-Client seismic surveys and high quality Seismic Imaging services to the global oil and gas industry from offices in the USA, Norway, UK, Brazil, Australia, Indonesia and Singapore.

Registered Delegates

Danny Ghale
Business Development
1Derrick
United Kingdom
Jim House
Director
GeoSeis Ltd
United Kingdom
Stephen Pharez
Vice President Technical Marketing
Petroleum Geo-Services
United Kingdom
Antony Sommerfeld
Partner
Adamant Ventures
United Kingdom
Paul Marwick

Getech
David Bamford

Petromall Ltd
Paul Murphy
Key Account Manager, Oil and Gas Division
Airbus Defence and Space
United Kingdom
Henry Lang
Oil and Gas Sector Leader
Golder Associates
United Kingdom
Rob Holden
VP Sales, Africa Mediterranean Middle East
PGS
United Kingdom
Dan Hughes
Key Account Manager, Oil & Gas Division
Airbus Defence and Space
Alexander Chalke
Partner
Grosvenor Clive & Stokes
United Kingdom
Cheryl Burgess
Director General
Pipeline Industries Guild
United Kingdom
Michael Hall
Senior Geologist
Airbus Defence and Space
United Kingdom
James Cockings
Consultant Petroleum Geologist
Gulfsands Petroleum
United Kingdom
Peter Jeans
Geologist
PJ Exploration Ltd
United Kingdom
Jean-Baptiste FOUCHER
Business Developer
Alcimed
United Kingdom
Clare Maher
Geologist
Halliburton Neftex
United Kingdom
ARUNA MANNIE
Senior Exloration Geoscientist
Premier Oil
United Kingdom
Tracey Hunt
Head of Underwriting, Growth Markets (Energy)
Allianz
United Kingdom
Mike Simmons
Technology Fellow (Geosciences)
Halliburton/Neftex
United Kingdom
Roland Barbullushi
Chairman
Prize Reserves Management Ltd
United Kingdom
Ed Eze
Director
Anchorage Global Consulting
United Kingdom
Giles Middleton
Director
Hermes Datacommunications International Ltd
United Kingdom
John Hother
MD
Proneta
United Kingdom
andrew edwards
Finance Director
AnTech Limited
United Kingdom
Lydia Latham
Commercial Team Leader
Hess Corporation
United Kingdom
Oleksandr Danylin

QMUL
Clare Miszewska
Business Development Manager
AnTech Ltd
United Kingdom
Tim Gibbons
Managing Director
Hoolock Consulting
United Kingdom
Stephen Eisenhammer

Reuters
United Kingdom
Peter Browning-Stamp
Geoscientist
Ardent Oil
United Kingdom
David Phillips
Head of oil & gas research
HSBC
United Kingdom
Robert Snashall
Consultant
RGSConsult
United Kingdom
Chris Brown
NED
BLOCK ENERGY
United Kingdom
David Jenkins
Director
Hurricane Energy plc
United Kingdom
Keith Myers
Partner
Richmond Energy
David Turnell
Account Manager
Cameron Surface Systems
United Kingdom
Carl Penfold
Team Leader - Oil & Gas
Hydrogen Group
United Kingdom
Patrick Taylor
Director
RISC (UK) Limited
United Kingdom
Jo Firth
Senior geophysicist
CGG
United Kingdom
Georgi Tonchev
Strategy Analyst
Hydrogen Group Plc
United Kingdom
Robert Waterhouse
Director
Rosha Resources Ltd
United Kingdom
Heather Pratt
Geomarket Director Europe
CGG
United Kingdom
Alastair Reid
Consultant
IHS
United Kingdom
Tom Colbert
Director
Royal Bank of Scotland
United Kingdom
James Buckley

CGG
Adrian Heafford
Senior Geologist
IHS
United Kingdom
Norrie Stanley
Consultant
RPS Energy
United Kingdom
Andrew Webb
Manager, Petroleum Reservoir and Economics
CGG
United Kingdom
Mark Diaz
Director
IHS Markit
United Kingdom
Laurence Pearce
Geophsyicist
RPS Energy
Will Jeffery
Senior Offshore Interpreter
CGG
United Kingdom
Michael Doherty
Chairman
Impact Oil & Gas Limited
United Kingdom
Chris Hayes
Well Operations Director
RPS Energy
United Kingdom
phil sheridan
director
churchill capital
United Kingdom
Steve Ilett
Exploration Director
Impact Oil and Gas
Philip McLoughlin
International Contract Manager
Rullion International Ltd
United Kingdom
Charles Rutter
Analyst
Churchill Capital
United Kingdom
Siebe Breed
Exploration Geologist
independent
United Kingdom
Masood Ayoub
Commercial Director
Sarwarzad Energy Ltd
United Kingdom
Viktoriia Plyushch
LLM student
City Law School
United Kingdom
William Arnstein
Oil & Gas analyst
Independent
United Kingdom
Emma Wright
Principal Facilities Engineer
Senergy
United Kingdom
Adam Sommerfeld
ams@commoditycap.com
Commodity Capital Partners
United Kingdom
jonathan bedford
Director
JXT
United Kingdom
Andrew Brown
Principal Development Engineer
Senergy
ANASTASIOS SKIADAS
Private Consultant
Consultant
United Kingdom
Peter Nicol
Advisory
Locin Energy
United Kingdom
Aaron Lockwood
Software Sales Manager - EAME
Shearwater Geoservices
United Kingdom
Diwin Amarasinghe
Geophysical Specialist
Consultant
United Kingdom
Mohammed Dahiru Aminu
M.Sc. Student
LSBU
Tom Martin
Director
Shikra Consulting
United Kingdom
John Summers
Geologist
Consultant
United Kingdom
David Murray
Senior Analyst
Mars Omega LLP
United Kingdom
Anil Swarup
Business Development Director
SKS Business Services
United Kingdom
Peter Farrington
Geophysicist
Consultant Geophysicist
United Kingdom
Andy Melvin
General Manager
Moyes & Co.
United Kingdom
michele peduzzi

societe generale
United Kingdom
Dan Kunkle
Director
Count Geophysics
United Kingdom
S R
Reservoir Engineer
N/A
United Kingdom
Robi Signorelli
MD
SPC International
United Kingdom
Jean-Philippe Bongba

Coventry University
United Kingdom
Rachel Zaborski

Neftex
United Kingdom
Lauren Penn
Geoscientist
Spectrum
Charlotte Elliott
Analyst
Credit Suisse
United Kingdom
Edward Collins
Geoscientist
Neftex Petroleum Consultants
Graham Mayhew

Spectrum
Paul Tollefson
Marketing Manager, Multi-Client & Processing
Dolphin Geophysical
United Kingdom
Jacqueline Beattie
Information Services Manager
Neftex Petroleum Consultants Ltd
United Kingdom
Anongporn Intawong
Team Leader Geoscientist
Spectrum Geo
United Kingdom
Brian Donnelly
Consultant Geophysicist
Donnelly
United Kingdom
Harish Pillai
Vice President
Neo Energy
United Kingdom
Patrick Horwood
Business Development Geophysicist
Spectrum GEO Limited
United Kingdom
Stephanie Warne
Data Manager
DrillingInfo
United Kingdom
Tom Robinson

Nomura International
United Kingdom
Chris Edwards
Analyst
Statoil
United Kingdom
Gareth Crisford
Business Development Manager
EARTH-i Ltd
United Kingdom
Philip Clarke
Managing Director
Novas Consulting Ltd
United Kingdom
Anne Hegarty
Exploration Intelligence - Analyst
Statoil UK Ltd
United Kingdom
Toyin Solanke
Consultant
Eknalos GeoTek
United Kingdom
Helen Turnell
Principal Consultant
NR Global Consulting Ltd
United Kingdom
domenico lodola
Geologist
Sterling Energy
United Kingdom
Michael Simpson
Oil and Gas Researcher
Elk Investments
United Kingdom
Thomas Martin
Analyst
Numis Securities
United Kingdom
Chris Wheaton
Director
Stifel
United Kingdom
Nnamdi Anyadike
London office
Energy Correspondent
United Kingdom
Keith Nunn
Managing Director
Nunngeo Consulting Ltd
United Kingdom
Joseph Pape
Exploration Advisor
Stratochem Services
United Kingdom
Teng Ben
Business Analyst
Eni
United Kingdom
Martine Davis
Business Development Manager
NVentures
United Kingdom
Derric Richardson
New Venture Manager
Tesla Exploration
United Kingdom
Martin Riddle
Technical Manager
Envoi
United Kingdom
florence geny
Senior Commercial analyst
Ophir Energy
United Kingdom
Liz Orchard
Business Development Manager
TGS
United Kingdom
Terry O'Donnell
Business Development Manager
EPI Group
United Kingdom
Oxana Bristowe
Partner
Opus Executive Partners
United Kingdom
Lucy Goodyear
Processing Sales Representative
TGS
United Kingdom
Holly-Marie Owen
Junior Geoscientist
ERC Equipoise Ltd.
United Kingdom
David Jessop
Consultant
OTM Consulting
United Kingdom
Bill Arnold

Trap Oil Group plc
United Kingdom
Dan Krijgsman
Account Manager
Evaluate Energy
United Kingdom
Ivan Sandrea

Oxford Institute for Energy Studies
United Kingdom
Thajudeen Malik
Marine Engineer
Vroon Offshore Services
United Kingdom
Luis Gomez-Martinez
Sales Support Geoscientist
ffA (Foster Findlay Associates)
United Kingdom
David Macaulay
Account Manager
Paradigm
United Kingdom
Angus Warren
Owner
Warren Business Consulting
United Kingdom
Adam Marmaras
Event Organiser
Finding Petroleum
United Kingdom
Robert Parker
Consultant
Parker
United Kingdom
Pete Floyd
Senior Manager Upstream
Wipro
United Kingdom
Greg Coleman
CEO
Future Energy Partners
United Kingdom
Gerald Stein
Director
Pays International
United Kingdom
Deirdre ODonnell
Managing Director
Working Smart
United Kingdom
Nikki Jones
MSc student
GeoExpro
United Kingdom
Paul Compton
Director
PCCL
United Kingdom
Anna Bruce

Working Smart
United Kingdom
elwyn jones
Director
GeoPartners
United Kingdom
Ciaran Nolan
Chief Geophysicist
Petroceltic
United Kingdom
Hugh Ebbutt
Associated Director
WSS Energy Consulting
United Kingdom
Zyg Sarnowski
Business Developement
Geopartners
United Kingdom