International exploration for Unconventionals
New Ideas are desperately needed!
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Tuesday, October 7, 2014, London, Royal Society of Chemistry
If companies are to explore successfully for unconventional oil and gas outside North America, some “new ideas” are needed.
This is because exploitation of shale oil and shale gas in North America is underpinned by access to huge amounts of data from the literally thousands of wells that have been drilled to explore in and around working petroleum systems – well logs, cuttings, cores, fluids and so on are freely available in vast amounts.
Elsewhere in the world, such a rich data base is rare and we are going to have to figure out how to identify commercially viable unconventional petroleum using our brains and a host of different measurements – from satellites, from aircraft, from folk hitting rocks with a hammer, from lab analyses, from all sorts of seismic – that is, from what some call multi-measurements. Only then can we hone in on the “sweet spots” which drive the economics of unconventional resources.
It is not yet obvious that we know how to do this - “New Ideas” are needed and success is not guaranteed.
Please join us on October 7th when we will dig into these topics and define what will bring success (and maybe who will deliver it!).
David Bamford
Media pack for this event
Agenda
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8:45
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Arrivals and Registration. Tea & Coffee
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9:30
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David Bamford - Director - Finding Petroleum
Welcome & Introduction: are there any New Ideas out there?
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.
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9:45
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Oswald Clint - Senior Analyst - Bernstein Research
Successful Unconventional Companies
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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10:25
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John Simmons - Principal Advisor - RPS Energy
"Engage before drilling" Lessons learned from communicating contested subsurface topics
Talk Description.
RPS Energy
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.
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10:50
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Coffee & Tea; Exhibits
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11:15
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Brian Horsfield - CEO - GeoS4
Thinking molecular - it translates into pay
Brian Horsfield is co-founder of GEOS4, and CEO. He graduated in Geology from Durham University (England) and obtained his Ph.D in Organic Geochemistry from Newcastle University. He worked in the industry for 9 years with Conoco and Arco, conducting research and service on numerous marine and non-marine petroleum provinces worldwide. His published papers include developing evaluation schemes that are now standard in the industry, inventing the MSSV pyrolysis method, and building oil-to-gas cracking kinetic models.
On the academic level, Brian is Full Professor of Organic Geochemistry and Hydrocarbon Systems at the Technical University of Berlin, Germany, as well as Leader of Organic Geochemistry at GFZ German Research Centre for Geosciences, Potsdam, Germany. He is a member of acatech, the German Academy of Science and Technology. He is director of the research project Gas Shales in Europe (GASH) and the fact-based Shale Gas Information Platform (SHIP). The evaluation of gas-in-place and producibility in unconventional hydrocarbon systems of the USA, South Africa, China and North Africa are key activities in service and research at the present time. He has more than 180 publications in leading journals.
GeoS4
Built on the 40+ years combined experience of its co-founders, GeoS4 is a specialised service provider and consultancy to the upstream sector of the petroleum industry. We address exploration problems using cutting edge science, focussing on pre-drill pay definition.
There is no hype; there are no black boxes. We bridge the research-service divide, working with our customers via on-site placement and/or on-line networking. As a result, we can proudly boast a list of clients that includes some of the world's largest and smallest energy companies.
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11:50
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Nick Cameron - Senor Geologist - Sceptre Oil & Gas Ltd
Discovering the Main Dolomite tight light oil play of Western Poland
Sceptre Oil & Gas Ltd
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12:10
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Neil McMahon & Ben Dell - - Kimmeridge Energy
Kimmeridge Clay: the first offshore Unconventional play
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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13:45
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Jon Watson - Geosciences Exploration Manager - Austin Bridgeporth Ltd
The usefulness of potential field data in unconventionals: From free data to fracture mapping
Talk Description.
Shale gas exploration outside the US needs a different approach.
The lack of well information, differing land ownership issues and area scale, aside from identifying initial areas of interest, all present problems and require the need to step out to a regional level, then work inwards.
Public domain land gravity datasets across the UK and Poland (two areas where unconventional exploration is establishing itself) provide an excellent framework to regional understanding and offer a complimentary tool to focus areas of interest and seismic planning.
Moving from regional to block scale, high resolution (airborne or land) gravity and FTG datasets offer detailed information on fault mapping and structural control. The information can be obtained quickly and at low cost. With integration of well and seismic data the interpretation can be carried through to detailed geological modelling, understanding stress/strain relationships and well planning.
Jonathan Watson is Interpretation Manager at Bridgeporth who has extensive experience in acquisition, processing and interpretation of potential field data within the oil and gas industry.
Jon has worked for over 15 years within the industry, starting as a processor, and then moving onto interpretation geophysicist and then team leader of interpretation department at an airborne acquisition company. He has worked predominantly in gravity and magnetics worldwide, particularly in its integration with seismic data , and has experience in working internationally.
Jon has a BSc from Manchester Metropolitan University and MRes from UCL-Birkbeck, has been external supervisor to a number of MSc students and involved in research projects within the petroleum industry. Jon is now responsible for a growing team of interpretation geophysicists at Bridgeporth.
Austin Bridgeporth Ltd
AustinBridgeporth comprises two global providers of geoscience services. Austin Exploration, who have been delivering land and marine potential field acquisition services since 1976 and have an extensive data library of land and marine gravity and magnetic data covering the Americas, Asia, Africa and Europe. While Bridgeporth was formed in 2011 by a group of highly experienced geoscientists to provide airborne and land geophysical data acquisition, processing and integrated interpretation services utilising gravity gradiometry, gravity, magnetics, LiDAR and magnetotelluric techniques for natural resource exploration. AustinBridgeporth brings a team of talented professionals with extensive geoscience technology skills in areas that include marine, land and airborne data acquisition, QC, processing, interpretation, project management, and software development
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14:20
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Scott Mildren - Technical Director - Geomechanics and Image Logs - Ikon Science
Beyond Brittleness Index: An improved approach for understanding the mechanical behaviour of unconventional resources.
A Geologist with 15 years of experience in petroleum geology, and geomechanics. He spent time with Z&S (Asia) Ltd (now Baker Atlas Geoscience) performing stress structural and sedimentological interpretation of resistivity and acoustic image log data. Scott was also among the academic staff at the Australian School of Petroleum and the National Centre for Petroleum Geology and Geophysics researching various geomechanical issues such as fault and cap rock seal integrity, fractured reservoirs, wellbore stability and trap risk.
Ikon Science
Ikon Science is a global geoprediction technology company providing industry leadership in the prediction of reservoir properties, pressures and fluids. It's RokDoc® software, Quantitative Interpretation, GeoMechanics and GeoPressure services all leverage the power of rock physics to integrate well, geopressure and seismic data to understand the subsurface. Ikon Science's RokDoc software platform and related services are used in over 200 leading oil, gas, energy and service companies throughout the world.
Ikon Science, founded in 2001, has over 200 staff and operates from 19 offices across the world. The company is privately owned and investors include Fleming Family & Partners and Tullow Oil plc.
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15:00
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Coffee & Tea; Exhibits
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15:30
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David Bamford - Director - Future Energy Partners Ltd
Ranking European Shale Opportunities
Talk Description.
Our US colleagues have shown us how to assess and develop shale resources - their knowledge and skills improve all the time but there is nothing we do not know how to do.
Can we look at potential European opportunities and figure out which might be the best?
There are some fundamental questions in considering any opportunity: what is the quality of the target shale itself; has it 'hosted' a significant, producing, petroleum province; what is it's 'fraccibility'; is there a sufficient data base to enable economic 'sweet spots' to be found; is there a vigorous oil field services sector capable of doing the work; is there strong, local, societal opposition to any developments; is there strong political backing for the enterprise?
We can use the answers to these questions to assess and later to rank any shale opportunity that comes in front of us, and I have attempted this for a number of European opportunities - Bowland Shale, onshore northern UK; Kimmeridge Clay, onshore southern UK; Kimmeridge Clay, North Sea; Posidonia Shale, onshore Northern Germany; Bazhenov Shale, West Siberia; and others.
The conclusions are, I think, surprising, and do not at all correspond to the media coverage of these opportunities!
David Bamford is well known around the oil & gas industry both as an explorer and a geophysicist. 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 undertaken asset and company valuation projects for investment banks, hedge funds and small oil companies. He has been a board director of Tullow Oil and Premier Oil.
He holds a Physics degree from the University of Bristol and a Ph.D in Geological Sciences from the University of Birmingham.
Future Energy Partners Ltd
Future Energy Partners (FEP) is a unique oil and gas advisory service which prides itself on technical excellence in selected fields and supplementing business management and leadership; in the face of uncertainty.
We offer truthful, professional opinion and advice; no playback of what you already know, and no spin.
FEP was founded by 4 senior industry practitioners who consider the challenges faced by today's oil and gas environment are going to require herculean acts of leadership and technical skill in a transforming, transitioning, industry, in order to maintain an energy supply that is sustainable and even recognisable compared to recent history.
Similarly nations developing an oil and gas industry face related challenges as they seek to maximise the benefits of this new wealth-creating opportunity - in a responsible manner.
Global reach
FEP actively participates in the facilitation and conduct of seminars and webinars worldwide, for example in conjunction with its associate partner Finding Petroleum.
Our presence reaches parts of the globe, such as: the UK, the USA, Sub-Saharan Africa, with partners wherever we work.
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16:00
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Tony Grindrod - Trainer - Finding Petroleum x
A very different ball-game – present and future prospects in the UK and North America
Talk Description.
There is a marked contrast between attitudes to shale oil and gas exploration in ‘data-rich’ countries and ‘data-poor ‘countries such as the UK, Poland where exploration is in its infancy and commercial production is yet to begin.
In this presentation we look at the contrast to attitudes highlighted by questions posed by educators, politicians, the media and the general public by looking at engineering, infrastructure, commercial and demographic differences between the USA and other countries which are thought to host unconventional resources.
Tony has more than 40 years experience in the international oil and gas industry. Originally with supermajors based in The Hague, Houston and Perth (Australia) he worked on projects in the North Sea, Venezuela, Australia and the USA (onshore and offshore). Subsequently, he developed and delivered short courses with JAPEC and Actis Geoscience to inform engineers, IT specialists, politicians, bankers and lawyers about the industry. At the same time he was active in exploration in the Los Angeles and Paradox Basins.
In 1993 he switched emphasis to consult on shale gas plays in Texas, followed by work on the Bakken, Eagle Ford and Permian Basins commencing in 2003. He continues to advise committees in Washington DC and Vienna on energy policy.
Tony is a fellow of the Geological Society and Energy Institute and a member of the PESGB, SEG and EAGE. He has also served for many years on various AAPG committees and is an award winner of their House of Delegates.
Finding Petroleum x
test
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16:30
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Close followed by Wine, Exhibits, Networking
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Sponsors of this event
RPS EnergyRPS 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.
RPS EnergyRPS 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.
Bernstein ResearchSanford 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.
Kimmeridge EnergyFounded 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.
Austin Bridgeporth LtdAustinBridgeporth comprises two global providers of geoscience services. Austin Exploration, who have been delivering land and marine potential field acquisition services since 1976 and have an extensive data library of land and marine gravity and magnetic data covering the Americas, Asia, Africa and Europe. While Bridgeporth was formed in 2011 by a group of highly experienced geoscientists to provide airborne and land geophysical data acquisition, processing and integrated interpretation services utilising gravity gradiometry, gravity, magnetics, LiDAR and magnetotelluric techniques for natural resource exploration. AustinBridgeporth brings a team of talented professionals with extensive geoscience technology skills in areas that include marine, land and airborne data acquisition, QC, processing, interpretation, project management, and software development
Ikon ScienceIkon Science is a global geoprediction technology company providing industry leadership in the prediction of reservoir properties, pressures and fluids. It's RokDoc® software, Quantitative Interpretation, GeoMechanics and GeoPressure services all leverage the power of rock physics to integrate well, geopressure and seismic data to understand the subsurface. Ikon Science's RokDoc software platform and related services are used in over 200 leading oil, gas, energy and service companies throughout the world.
Ikon Science, founded in 2001, has over 200 staff and operates from 19 offices across the world. The company is privately owned and investors include Fleming Family & Partners and Tullow Oil plc.
GetechFor 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.
Austin Bridgeporth LtdAustinBridgeporth comprises two global providers of geoscience services. Austin Exploration, who have been delivering land and marine potential field acquisition services since 1976 and have an extensive data library of land and marine gravity and magnetic data covering the Americas, Asia, Africa and Europe. While Bridgeporth was formed in 2011 by a group of highly experienced geoscientists to provide airborne and land geophysical data acquisition, processing and integrated interpretation services utilising gravity gradiometry, gravity, magnetics, LiDAR and magnetotelluric techniques for natural resource exploration. AustinBridgeporth brings a team of talented professionals with extensive geoscience technology skills in areas that include marine, land and airborne data acquisition, QC, processing, interpretation, project management, and software development
Working SmartWorking Smart is a Global Oil and Gas Recruitment Agency servicing the Upstream Industry exclusively since 1996.
This Independent Company founded by an Oil and Gas professional, was the first to provide web-based recruitment services to the Upstream Oil and Gas Industry.
As the name suggests, the focus of the Company is to provide 'smart' recruitment services to both our Clients and Jobseekers that accelerates the recruitment process for both parties. Although we use proprietary advanced technologies for screening, matching, marketing and communications, we are very much a 'People Company'. All our recruiters have Geoscience or Petroleum academic backgrounds and Managing Team have all been in the Industry for excess of 20 years.
Registered Delegates
Stuart Amor
Analyst
United Kingdom
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William Slade
Ikon Science
United Kingdom
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David Bamford
Petromall Ltd
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Tony Grindrod
Trustee
AAPG Europe
United States
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Scott Mildren
Ikon Science
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Roger Doery
Retired
Retired
United Kingdom
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Ewen Ainsworth
Adamant Ventures
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Dick Selley
Senior Research Fellow
Imperial College
United Kingdom
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Hamish Wilson
Associate Consultant
Richmond Energy Partners
United Kingdom
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Oswald Clint
Senior Analyst
Bernstein Research
United Kingdom
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Jude Osimobi
Imperial College London
United Kingdom
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Geoffrey Salter
Partner
RISC (UK) Limited
United Kingdom
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David Sendra
Associate Consultant
BlackRockQI
United Kingdom
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Barbara Hadley
Director
Iskaboo Publishing Ltd
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Adam Borushek
Principal Consultant, Reservoir Engineer
RISC (UK) Limited
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Kaweh Sadegh-Zadeh
BP
United Kingdom
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RITCHIE WAYLAND
Chief Executive
Karapinar
United Kingdom
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Paul Board
Business Development Manager
Robertson (A CGG company)
United Kingdom
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Derric Richardson
Bridgeporth
United Kingdom
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Neil McMahon
Director of Research
Kimmeridge Energy
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Abhen Pather
Principal Geoscientist
RPS Energy
United Kingdom
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Ben Douglas
Bridgeporth
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Neil McMahon
Director of Research
Kimmeridge Energy
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John Simmons
Principal Advisor
RPS Energy
United Kingdom
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Sean Corrigan
Bridgeporth
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Hamad Almekrad
Bussines Assitant
Kuwait Gulf Oil Company
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John Simmons
Principal Advisor
RPS Energy
United Kingdom
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Jonathan Watson
Geophysicist
Bridgeporth ltd
United Kingdom
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Ali Ramady
Territory Sales Manager
LMKR
United Kingdom
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Martin Smith
Business Development Manager - Operations
RPS Energy
United Kingdom
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James Andrew
Busines Development Mgr EAME
CGG
United Kingdom
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Amrit Brar
Marketing and Sales Manager
Lynx Information Systems
United Kingdom
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Claudio Mingelli
Principal Geophysicist
RPS Energy
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Dr Tim Pearce
Managing Director
Chemostrat Ltd
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Duncan Macgregor
Consultant Geologist
MacGeology
United Kingdom
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Mark Zwinderman
CEO
SAS Environmental Services Ltd
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Dan Kunkle
Director
Count Geophysics
United Kingdom
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David Murray
Senior Analyst
Mars Omega LLP
United Kingdom
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Roy Mills
Sceptre Oil and Gas
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David Boote
DBConsulting Ltd
United Kingdom
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Derek Massie
Senior Consultant
Maxwell Drummond
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Hamechan Madhoo
Senior Geoscientist
Schlumberger
United Kingdom
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Gareth Crisford
Business Development Manager
EARTH-i Ltd
United Kingdom
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Michael Blakemore
Director
Michael J. Blakemore Ltd
United Kingdom
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Andrew Thompson
Information Management Domain Lead
Schlumberger Information Solutions
United Kingdom
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Terry O'Donnell
Business Development Manager
EPI Group
United Kingdom
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Rebecca Head
Geotechnical Assistant
Neftex
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Bill Senior
Consultant
Senior CCS Solutions Ltd
United Kingdom
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Adam Marmaras
Event Organiser
Finding Petroleum
United Kingdom
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Christine Yallup
Neftex Petroleum Consultants Ltd
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Lawrence Pluck
Treasury Manager - Exploration and Unconventionals
Shell
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Natalie Cronshaw
Event Manager
Finding Petroleum
United Kingdom
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Nick Grealy
Director
No Hot Air
United Kingdom
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Tom Martin
Director
Shikra Consulting
United Kingdom
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Dermot Roddy
Chief Technology Officer
Five-Quarter
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Frances Morris-Jones
Non-Executive Director, OGA
Non-Executive Director
United Kingdom
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Christian Bukovics
Senior Independent Director
Sound Energy Plc
United Kingdom
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Alastair Woodrow
Partner
Gemini Oil & Gas Advisors LLP
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Ramesh Shukla
Shareholder of exploration companies
None
United Kingdom
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John Sunderland
Retired
TGS-NOPEC-retired
United Kingdom
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Nick Cameron
Geological Advisor
GeoInsight Limited
United Kingdom
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Martine Davis
Business Development Manager
NVentures
United Kingdom
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George Reed
Director
Thorold Dewling Oil and Gas Recruitment
United Kingdom
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Brian Horsfield
CEO
GeoS4
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Peter Dolan
advisor to the board of directors
ophir energy plc
United Kingdom
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Tim Beal
Tower Resources
United Kingdom
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Phil Beale
Regional Manager - Reservoir Services, E. Hemisphere
Geotrace Technologies Ltd
United Kingdom
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Mark Enfield
Managing Director
P.D.F. Limited (An EPI group company)
United Kingdom
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darrell Kosakewich
President/Director
Triple D Technologies Inc.
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gary scaife
Geologist
Greensand Exploration Ltd
United Kingdom
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Gerald Stein
Director
Pays International
United Kingdom
|
Robert Hayes
Subsea Support Manager
Wood
United Kingdom
|
Roderick Bevens
Technical Analyst
Hannon Westwood
|
Robert Randell
PDF Limited
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Hugh Ebbutt
Associated Director
WSS Energy Consulting
United Kingdom
|
Claire Jones
Analyst
IHS Markit
United Kingdom
|
Andrew Foulds
Director
Petrafiz Ltd
United Kingdom
|
_ _
Owner
_
United Kingdom
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William Slade
Ikon Science
United Kingdom
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howard dewhirst
managing director
Petroalbion P/L
United Kingdom
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