Super Basins #1: Advantaged Exploration, Advantaged Hydrocarbons

....thinking about them leads you in the direction of Super Basins! 0

Friday, October 8, 2021, Webinar, Online

Two or three of our recent Friday webinars* have asked the question “W(h)ither Exploration?” and we would now like to pursue the concept of Super Basins more vigorously – not so much where is the next one but what do we have to do to find them?

With this in mind, here’s our route map for the Autumn:

#1: Advantaged Exploration (8th October 2021)
#2: Giant Fields of the World (22nd October 2021)
#3: Petroleum Systems (12th November 2021)
#4: Guyana & Suriname as a Case Study (26th November 2021)

with a single presentation for each one, so 30mins plus 15+ for Q&A.

Today we’ll hear from Mike Simmons of Halliburton on the theme of "Advantaged Hydrocarbons".

*And here are the links if you want to catch up:
https://www.findingpetroleum.com/event/Lunchn-Think-Webinar-Whither-Exploration/7c277.aspx
https://www.findingpetroleum.com/event/Lunchn-Think-Webinar-Where-are-the-Advantaged-Hydrocarbons/d1526.aspx
https://www.findingpetroleum.com/event/Lunchn-Think-Webinar-Is-Offshore-South-Africa-an-emerging-Super-Basin/4b894.aspx

Agenda

13:00

David Bamford - Director - Finding Petroleum

Welcome & Introduction

Talk Description.
This is the first in a series of four webinars on "Super Basins". Why are they important and what do we have to do to find more of them in the future?

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.
13:10

Mike Simmons - Halliburton Technology Fellow for Geosciences - Halliburton

Demand for ‘advantaged’ hydrocarbons during the 21st century energy transition

Talk Description.
At present, crude oil and natural gas comprise ?54.3% of the global energy supply. Rapidly replacing this with lower carbon sources is challenging, resulting in oil and gas forming a significant part of the energy mix in future predictions, even in scenarios that strive to meet the goals of the Paris Agreement.

To assess the likely future demand, an analysis of multiple, recently published, rapid energy transition scenarios was conducted, indicating that 943.3 Bbbl of oil and 4,733.5 Tcf of gas will be required in the next three decades.

Furthermore, analysis of different supply estimates indicates that 357.1–284.1
Bbbl of oil and 2,274.6–2,170.2 Tcf of gas will need to be found to complement existing recoverable reserves.

To meet this demand will require the
exploration and production of low carbon intensity ‘advantaged hydrocarbons’, combined with significant carbon sequestration activity.

As hydrocarbon recovery becomes more difficult and energy intensive with time, it may be preferable to replace some existing ‘disadvantaged’ fields with new ‘advantaged’ hydrocarbons, implying the supply gap may be
underestimated. Energy strategy at a national and global level must account for the large demand for hydrocarbons in coming decades and exploration and production companies need to align with the advantaged hydrocarbon paradigm.

Stimulus is required to realise the carbon capture and storage capacity required to mitigate the consequences of the ongoing reliance on fossil fuels.
My research interests encompass petroleum exploration workflows, especially integration with sequence stratigraphy; eustasy in the geological record; regional stratigraphy and petroleum geology, specifically the Middle East and Black Sea regions; applied biostratigraphy; and the history and future of geology. My career has spanned both industry and academia, working at BP, Aberdeen and Cambridge Universities, Neftex, and most recently Halliburton, where I am Technology Fellow for Geosciences and Exploration. I have a degree and PhD from the University of Plymouth and am a Visiting Professor at the University of London.

Halliburton
Founded in 1919, Halliburton is one of the world's largest providers of products and services to the energy industry. With nearly 70,000 employees in approximately 80 countries, the company serves the upstream oil and gas industry throughout the lifecycle of the reservoir - from locating hydrocarbons and managing geological data, to drilling and formation evaluation, well construction and completion, and optimizing production through the life of the field.
13:40

David Bamford - Director - Finding Petroleum

Q&A followed by Close no later than 14:15



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.

Sponsors of this event

Registered Delegates

Euan Shand

AB ADVISORY
Jim Hendry
Director / Consultant Geologist
Iapetus Geoscience Limited
Ireland
Andrew Foulds
Director
Petrafiz Ltd
United Kingdom
Martin Cox
Director
ABerdeen Drilling Management Ltd
United Kingdom
Sharvnee RAJA MOHAN
STUDENT
IFP school
France
Carlo Buscaglia
Subsurface Team Lead
Petrofac
United Kingdom
Gordon Stove
Co-Founder & Managing Director
Adrok
United Kingdom
Mark Diaz
Director
IHS Markit
United Kingdom
Mark Foster
Manager Business Development
Petrolead Technologies LLC
United Kingdom
Matthew Jacobs
Senior Geologist
Aeon Geoscience Systems
United Kingdom
mohamed khiar
Geoscientist
IHSMARKIT
United Kingdom
Mike Rego
Independent Consultant
PetroMall Ltd
United Kingdom
Ian Cloke
Chief Operating Officer & Co founder
Afentra
United Kingdom
Keely Harris
Asset & JV Manager
Impact Oil & Gas
United Kingdom
Matthew Plummer
Principal Geoscientist
PGS
United Kingdom
Patrick Barnard
Director
APT UK
United Kingdom
Michael Clutterbuck
Exploration Geologist
Impact Oil & Gas
United Kingdom
Matthew Pyett
Sales & Services Manager, AMME
PGS
United Kingdom
John Bain
CEO
Bain Geophysical Services, Inc.
Abbey Hunt
Geoscientist
Impact Oil and Gas
United Kingdom
Christine Roche
Manager
PGS
United Kingdom
OLIVER WHITFIELD

Buried Hill
United Kingdom
Edward Prescott
Chief Geophysicist
Impact Oil and Gas
United Kingdom
Frederic Yeterian
Director
Philax International (UK) Ltd
United Kingdom
Robert Kennedy
Managing Director
Caithness Petroleum Limited
United Kingdom
Anthony Younis
Exploration Manager
Impact Oil and Gas
United Kingdom
Kevin Sylvester
Director
Pinnacle Energy Limited
United Kingdom
Will Jeffery
Senior Offshore Interpreter
CGG
United Kingdom
Raymi Castilla
Exploration Geologist
Independent
Switzerland
Aruna Mannie
Mexico Exploration Manager
Premier Oil
United Kingdom
Adrian Robinson
New Ventures Manager
Chevron
United Kingdom
Nick Steel
Consultant
Independent
United Kingdom
Richard Herbert
Director
R Herbert Associates
Canada
Roger Doery
Consultant
Consultant
United Kingdom
Neil Simons
Consultant
Independent
United Kingdom
Nicholas Shaw
Director / Principal Geologist
RCGC Ltd
United Kingdom
Micky Allen
consultant
consultant
United Kingdom
Abdulmohsin Dolaijan
Consultant
Independent
Saudi Arabia
Reed Robinson
Project Manager
Robinson
United States
Stephen Jon Molyneux
Geoscientist
Consultant
Australia
Manouchehr Takin

Independent consultant
United Kingdom
Jason Canning
Principal Advisor
RPS
United Kingdom
Robert Murphy
Consulting Geologist
Consulting Geologist
Ireland
Abimbola Durogbitan
GM Geosciences
Independent Consultant/Nigerian Association of Petroleum Exolorationists UK/EUROPE COORDINATOR
United Kingdom
Martin Smith
Business Development Manager - Operations
RPS Energy
United Kingdom
Colin Clarke
Geophysicist
Consulting Geoscience
United Kingdom
Christian Bukovics
CEO
Irbis Energy Ltd
United Kingdom
Keith Holdaway
Advisory Industry Consultant: Global O&G
SAS Institute
United States
David Boote

DBConsulting Ltd
United Kingdom
Naohiro Yoshino
Geoscientist
JAPEX
United Kingdom
Karyna Rodriguez
VP Global New Ventures
Searcher
United Kingdom
Raffaele Di Cuia
Technical Director
Delta Energy Limited Ltd
United Kingdom
Christopher Tiratsoo
editor
Journal of Petroleum Geology
United Kingdom
Denis MOUGENOT
Chief Geophysicist - retired as consultant
Sercel-retired
France
Dirk Bodnar
Manager
El Pilar Petrotechnical Consulting
United States
Nick Johnson
Managing Director
JUC Ltd
United Kingdom
Aaron Lockwood
Software Sales Manager - EAME
Shearwater Geoservices
United Kingdom
Milind NAIK
Management
EmmEn Marketing Consultants
India
Heikki Jutila
Owner
Jutila LTD
United Kingdom
David Owen

Shell
United Kingdom
Martin Riddle
Technical Manager
Envoi
United Kingdom
Rajeev Madhavan
Oil & Gas Analyst
Lambert Energy Advisory Ltd
United Kingdom
Andrew Hall
Exploration Manager
Shell
United Kingdom
Daniel Flores
CEO
EPSEMIPE EIRL
Peru
Morten Lindback
Analyst
Lindback Energy
Norway
Neil Frewin
Basin Advisor - Portfolio & New Business
Shell
United Kingdom
Trevor King
Geoscientist
ExExxonMobil
United States
Richard Walker
Geophysical Advisor
Lir Resources / Consultant
United Kingdom
Sigve Hamilton Aspelund
Independent consultant
Sigve Hamilton Aspelund
Norway
Roger Bignell
Geological Consultant
Fairway Exploration
United Kingdom
Gareth Beamish
CTO & Subsurface Director
Lir Resources Ltd.
United Kingdom
Gordon Holmes

Staatsolie
Tim Painter
Commercial Manager
FUGRO
South Africa
Catriona Penman
Geologist (Software)
Lloyds Register
United Kingdom
Ron Daniel
Team Leader
Staatsolie
United Kingdom
Greg Coleman
CEO
Future Energy Partners
United Kingdom
Mark Jones
Global Sales Director - Oil and Gas
Logstor
United Kingdom
Maneesha Kisoensingh

Staatsolie Maatschappij Suriname N.V.
Suriname
Barbara Holzweber

Gaffney Cline & Associates
Paul Spencer
Senior Production & Seismic Data Manager
Lynx Information Systems Ltd
United Kingdom
sharon kuhn
petrophysicist
staatsolie n.v.
melissa johansson
Director
Geode-Energy Ltd
United Kingdom
Mike Naylor
Director
MN Solutions (Cambridge) Ltd
United Kingdom
Shahied Chandoe
Geophysicist
Staatsolie Suriname
Suriname
Andrew Shrager

Geodynamics Worldwide
Italy
Robin Sutherland
Consultant
Monitor Exploration Limited
South Africa
Madighi Oghu
Account Manager
Stratum Reservoir
South Africa
Robert FE Jones
Director
Geoko Ltd
United Kingdom
Ian Cross
MD
Moyes & Co
Singapore
Andy Harris
Sales Manager
TGS
United Kingdom
Kerri Wilson
Senior Petroleum Geologist
Getech
United Kingdom
Maureen Macaulay
Dir Business Development
Moyes & Co
Tim Goodwin
New Ventures Consultant
TJGX Ltd/CNOOC
United Kingdom
Lawrie Cowliff
Geoscientist
Halliburton
United Kingdom
Markus Harting
CEO
MPP-Energy
United Arab Emirates (UAE)
Alexandra Emuss

University of Glasgow
United Kingdom
Karen Heyburn
Product Manager
Halliburton
United Kingdom
FELIPE RODRIGUEZ MONREAL
Head of Basin Analysis Department
Naftogaz
Ukraine
Ugur Algan
Director
Volantice Ltd.
United Kingdom
Colin Saunders
Senior Regional Geoscientist
Halliburton - Neftex Exploration Insights
United Kingdom
Neil Mundell
Geophysical Advisor
New Age
United Kingdom
Janice Weston
Consultant
Weston Stratigraphic Ltd
United Kingdom
Wally Jakubowicz
Managing Director
Hampton Data Services
United Kingdom
Maximilian Richards
energy transition consultant
OPC
United Kingdom
Adrian Temple-Brown
Researcher and Activist
Wiltshire Climate Alliance
United Kingdom
John Scotchmer
Principal Geological Advisor - Petroleum Systems
Harbour Energy
United Kingdom
David Cleverly
Geophysicist
Perenco
United Kingdom
Blair Stryke
Research Analyst
Wood Mackenzie
United Kingdom
David Jenkins
Director
Hurricane Energy plc
United Kingdom
Liam Holt
Geophysicist
Perenco
United Kingdom
Liam Yates
Senior Analyst
Wood Mackenzie
United Kingdom