In this webinar we talked about the potential of the North Sea for exploration - and the question of whether we should be exploring at all.
There's lots of good reasons why we should be exploring,
There's less emissions if people in the UK using gas from the UK, rather than imported LNG,
Its a lot better for the country if our money is spent in our country.
And UK is making big steps with CCS, leading to the point where a lot of our production will be effectively decarbonised either directly as hydrogen or indirectly as offsets.
The speaker was Nick Terrell, industry chair of the Exploration Task Force, which is one of 7 task forces set up by Oil and Gas Authority, although it they are independent of OGA. Its role is to oversee efforts to revitalise exploration and appraisal activity on the UKCS. It has 25 members of which 23 are oil and gas companies.
He's been president of the Petroleum Exploration Society of Great Britain, Exploration director of Endeavour International Corporation, a director of Oil and Gas UK, managing director of Azinor Catalyst, and now he's UK Country Manager of Finder Energy, an oil and gas exploration company based in Perth, Western Australia, which acquired Azinor's North Sea acreage in May 2021. He is co-founder of Carbon Catalyst, an independent company focused exclusively on reducing CO? emissions via Carbon Capture & Storage.
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13:00
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Karl Jeffery - editor - Finding Petroleum
Welcome & Introduction
Karl Jeffery is editor and co-founder of Digital Energy Journal, and conference producer of Finding Petroleum. He is also publisher of Carbon Capture Journal and Tanker Operator, and co-founder of Digital Ship, a publishing and events company covering digital technology for the deep sea maritime industry. He has a BEng in chemical engineering from Nottingham University
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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13:05
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Nick Terrell - Chair - Exploration Task Force
The opportunity for responsible investment in UKCS Upstream - watch video of whole webinar
Talk Description.
---conclusions of the UK Exploration Task Force
Nick is Chair of the UK Exploration Task Force (XTF), a joint industry and regulatory organisation comprising exploration leaders in the oil and gas and emerging carbon storage sectors. The XTF is one of several UK Task Forces within the UK North Sea Transition Forum, the tripartite body which provides senior government and industry leadership for the offshore oil and gas industry.
Nick has c. 20 years of broad industry leadership experience in a range of upstream energy focused roles. He is co-founded of Carbon Catalyst, an independent company focused exclusively on reducing CO? emissions via Carbon Capture & Storage. He is also UK Country Manager for Finder Energy, an oil and gas exploration company based in Perth, Australia, and recent new entrant to the UK North Sea.
Previously, he was Managing Director and co-founder of North Sea operator Azinor Catalyst, which he sold to Finder Energy in 2020. Prior to this he was Exploration Director at US independent Endeavour Energy, board member of OGUK and President of the PESGB.
Nick has a MSc in Petroleum Geoscience from Imperial College London.
Exploration Task Force
The Exploration Task Force's role is maintaining UKCS Exploration and Appraisal activity, making the most of the UK’s own energy resources in support of the transition towards a net zero carbon future and beyond.
It is one of 7 Task Forces:
The seven Task Forces are:
Asset Stewardship Task Force
Decommissioning and Repurposing Taskforce
Efficiency Task Force
Exploration Task Force
Supply Chain and Exports Task Force
Technology Leadership Board
Wells Task Force
The North Sea Transition Steering Group have oversight of the Task Forces, ensuring there is no duplication or gaps in the work being undertaken by the task forces and that task force activities support the OGA Strategy.
The North Sea Transition Forum (NSTF) is hosted and chaired by the Oil and Gas Authority (OGA) and is the tripartite body which provides senior government and industry leadership for the offshore oil and gas industry. It is attended by ministers and officials from both the UK and Scottish governments, trade unions, regulators and senior representatives from the upstream oil and gas industry.
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13:45
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David Bamford - Director - Finding Petroleum
Q&A
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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Ron Daniel
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Jim Hendry
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Sebastien Duc
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Martin Cox
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Ray McBride
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Andrew Foulds
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Feargal Murphy
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Carlo Buscaglia
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Petrofac
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Matthew Jacobs
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Lawrence Jackson
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Kevin Sylvester
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Ian Cutler
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Mark Diaz
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Aruna Mannie
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Christoph Kierdorf
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APT AS
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mohamed khiar
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Richard Herbert
Director
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Bill Ayres
DG
AYRES GROUP LIMITED
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Mark Robinson
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Chris Sladen
Founder
Reconnoitre Ltd
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Nigel Banks
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Neil Simons
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Richard Walker
Geophysical Consultant
Richard Walker Geoscience Ltd
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Mart Z
Biodentify
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Nick Steel
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Reed Robinson
Project Manager
Robinson
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Bill Beck
Supervisory Geologist
BLM
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FELIPE RODRIGUEZ MONREAL
Basin and Petrroleum Systems Analysis Independent Consultant
Independent Consultant
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Alice Humphreys
Royal Dutch Shell
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Divya Prakash Singh
Consultant Geophysict
BPRL
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simon kendall
CEO
Interica
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Norrie Stanley
Consultant
RPS Energy
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OLIVER WHITFIELD
Buried Hill
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Naohiro Yoshino
Geoscientist
JAPEX
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Olukayode oladoyin
Drilling Engineer
Schlumberger
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Li Yanqing
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China Oilfield Service Limited
China
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James Efstathiou
Geoscientist / Director
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Karyna Rodriguez
VP Global New Ventures
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Fearghal Hayes
General Manager Geoscience, Europe Africa
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John Griffith
Upstream Advisor
JJG Consulting International Ltd
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Mike Rego
Managing Director
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Colin Clarke
Geophysicist
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Nick Johnson
Managing Director
JUC Ltd
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Denis MOUGENOT
Chief Geophysicist - retired as consultant
Sercel-retired
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Khaled Albriki
Scholar
CUPB
China
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Amanda Turner
CEO
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Aaron Lockwood
Software Sales Manager - EAME
Shearwater Geoservices
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David Boote
DBConsulting Ltd
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Peter Nicol
Advisory
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United Kingdom
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David Owen
Shell
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Wolfgang Nachtmann
Honorary Professor at Montanuniversitaet Leoben
E&P Petroleum Consulting
Austria
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Mark Jones
Director - Sales & Business Line
Logstor
United Kingdom
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Sigve Hamilton Aspelund
Independent consultant
Sigve Hamilton Aspelund
Norway
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Dirk Bodnar
Manager
El Pilar Petrotechnical Consulting
United States
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Mike Larsen
Director
Metastream Ltd
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Julia Kotulova
Senior Researcher
Slovak Academy of Sciences
Slovakia
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Milind NAIK
Management
EmmEn Marketing Consultants
India
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David Lawton
Principal Consulting Geologist/Director
Milnwood Partners Limited
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Christian Bukovics
Senior Independent Director
Sound Energy Plc
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Martin Riddle
Technical Manager
Envoi
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Mike Naylor
Director
MN Solutions (Cambridge) Ltd
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John Argent
VP Geoscience
Sound Energy Plc
United Kingdom
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Daniel Flores
CEO
EPSEMIPE EIRL
Peru
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Robin Sutherland
Consultant
Monitor Exploration Limited
South Africa
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Carol de Seil
Staatsolie
Suriname
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Swapan Sahoo
Principal Geologist
Equinor
United States
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Ian Cross
MD
Moyes & Co
United Kingdom
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Chris Wheaton
Director
Stifel
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Greg Coleman
CEO
Future Energy Partners
United Kingdom
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Stuart Harker
Director
MPG Consultancy
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Chris Holmes
Sales Manager
Stratum Reservoir
United Kingdom
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Gerry P LOURANTOS
CEO
G.P. LOURANTOS & PARTNERS
Angola
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Navid Vahidi Motlagh
Petroleum Exploration Engineer
NIOC
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Andrew Pepper
Director
This is Petroleum Systems.com
United States
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Barbara Holzweber
Gaffney Cline & Associates
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Ramesh Shukla
Shareholder of exploration companies
None
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Tim Goodwin
New Ventures Consultant
TJGX Ltd
United Kingdom
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Jeremy Berry
BD Director
GaffneyCline
United Kingdom
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Morten Lindback
Energy economist
Norwegian Ministry of Petroleum and Energy
Norway
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Mark Foster
Business Development Manager
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Geoff Marsden
Processing Geophysicist
GM Geophysical
United Kingdom
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Keith Nunn
Managing Director
Nunngeo Consulting Ltd
United Kingdom
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Adrian Temple-Brown
Researcher and Activist
Wiltshire Climate Alliance
United Kingdom
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John Leggate
Chairman
GRID
United Kingdom
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harald granser
Exploration Manager
Omv
Austria
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Neivan Boroujerdi
Principal Analyst
Wood Mackenzie
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Lawrie Cowliff
Geoscientist
Halliburton
United Kingdom
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Maximilian Richards
energy transition consultant
OPC
United Kingdom
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Hugh Ebbutt
Associated Director
WSS Energy Consulting
United Kingdom
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David Jenkins
Director
Hurricane Energy plc
United Kingdom
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Laurence Ormerod
Chairman
Ormerod Consulting Ltd
United Kingdom
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