Is the era of Deepwater exploration – which has underpinned global discovery volumes for more than a decade – coming to an end?
Much has already been explored, there is intense competition for remaining acreage, often hosted by governments which are let’s say ‘inhospitable’, and costs are escalating to the point where drilling sufficient wells to demonstrate a commercial development may be prohibitively expensive.
If so, the next exploration frontier appears to involve a return to previously underexplored or unexplored Onshore basins, and this is where we are likely to see the next wave of competition and developments take place. To an extent, this is already happening with the pursuit of unconventional resource plays in North America, especially the USA.
Do we explorers have the skills and technologies available to help us explore successfully onshore? The relevant technologies could include for example remote sensing from satellites; measurement of seeps and micro-seepage; high resolution gravimetry (FTG); wireless 2D and 3D seismic. Whether modern explorers have the skills to integrate these technologies and explore successfully is an open question!
Many in our industry think of geophysics as the preserve, the stomping ground, of explorers.
And indeed, we have seen continuing innovation in the geophysical contribution to exploration, whether in the form of sub-salt depth imaging or Full Tensor Gravimetry, for example.
However, geophysics has an equally significant contribution to make once an oil or gas field has been discovered for example in ‘whole well’ monitoring using fibre optics or reservoir monitoring using 3 component ‘time-lapse’ seismic, cross-well seismic tomography or even micro-seismic; equally ‘time lapse’ electrical methods may well become important for the field setting where there is an independent static and dynamic reservoir model derived from seismic and wells.
In this Forum, we will look across this broad spectrum exploration technologies and of geophysics in particular, for innovation, and we invite presentations from companies at the leading edge of this powerful science!
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9:00
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Arrivals and Registration. Tea & Coffee
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9:30
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David Bamford - Director - Finding Petroleum
Chairman's 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.
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9:35
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Ivan Sandrea - Senior Advisor - Oxford Institute for Energy Studies
Exploration moving onshore
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.
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.
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10:10
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David Bamford - - New Eyes Exploration
The technology challenge outside North America
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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10:30
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Dr David Jackson - Global Manager - Multi-Client New Ventures - Dolphin Geophysical
The increasing use of Gravity Gradiometry in the Exploration Workflow
David has more than 30 years of experience working in the oil industry, most of it spent in exploration with BP and development/production with Chevron. David graduated in geology at the University of Leicester in 1976, and obtained a PhD at Birmingham University (1979). From 1979-1984 David was a Research Fellow in Hydrogeology followed by a Research Fellowship in Civil Engineering at Birmingham University.
During his time with BP he worked on many petroleum systems including the North Sea, Gulf of Mexico, SE Asia and W Africa. In Chevron, before joining the global reservoir asset management team, his major projects included the geosteering of extended reach horizontal wells in the Alba Field up to its plateau production in the late 90s, and from 2000-2006 he worked on the Greater Burgan Field in Kuwait where he led a subsurface team responsible for the reservoir management involving the drilling of over 140 wells in an attempt to increase production after the ravages of the Iraq invasion in the early 90s. In 2008 David joined ARKeX as VP of their Interpretation Services, and this year he joined Dolphin Geophysical as Global Manager Multi-Client New Ventures.
Dolphin Geophysical
Dolphin Geophysical is a global, full-range supplier of marine geophysical services. Dolphin operates a fleet of new generation, high capacity seismic vessels and offers contract seismic surveys, Multi-Client projects and processing services and software on a worldwide basis.
The high capacity vessels deliver ultra-wide tow, deep tow and long offset configurations ideal for today's frontier exploration needs, with full configuration flexibility to service any 2D, 3D, 4D or
SHarp broadband requirements.
In-house, Dolphin designs and develops global 2D, 3D and SHarp broadband marine Multi-Client surveys.
Dolphin offers onboard and onshore processing, from our centres in the UK, Houston and Singapore, with OpenCPS, the only seismic processing software package designed and developed in the 21st Century.
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11:35
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John Flavell Smith - - Wireless Seismic
Wireless Seismic accelerates!
Wireless Seismic
Wireless Seismic, Inc. was founded in 2006 with a single purpose: to design and develop a wireless recording system that collects and transmits seismic data in real time. Today, Wireless seismic's second generation system - the RT System 2 - is a reality. In the seismic data acquisition system marketplace of conventional cable systems and new nodal cable-less systems, it is the only wireless system capable of scaling to 10,000 + channels that can make that claim.
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12:10
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Ian Jack - Consultant - Ian Jack
Reflections on progress in seismic technology
During Ian Jack's time in BP he ran the seismic field operations team, the subsurface R&D program, served as an SEG vice president, and inaugurated the SEG's "Distinguished Instructor" program with a 1-day 4D course taught worldwide. BP awarded him their “distinguished advisor” title in 2000, and in this role he initiated the first at-scale “Life of Field” seismic monitoring system which was subsequently installed in the Valhall field. He also initiated developments in land seismic technology which are coming to fruition at the present time. Although now "mostly retired" and quite undistinguished, he consults, does some teaching, and hikes around any convenient mountain range.
Ian is a physicist who strayed into geophysics by attending a job interview with GSI for interview practice, and was unable subsequently to say no to the unexpected job offer. That was in 1968 and he worked as a field engineer, then in data processing and software development before joining BP 10 years later.
Ian Jack
Ian is a physicist who strayed into geophysics by attending a job interview with GSI for interview practice, and was unable subsequently to say no to the unexpected job offer. That was in 1968 and he worked as a field engineer, then in data processing and software development before joining BP 10 years later. During his time in BP he ran the seismic field operations team, the subsurface R&D program, served as an SEG vice president, and inaugurated the SEG's "Distinguished Instructor" program with a 1-day 4D course taught worldwide. BP awarded him their “distinguished advisor” title in 2000, and in this role he initiated the first at-scale “Life of Field” seismic monitoring system which was subsequently installed in the Valhall field. He also initiated developments in land seismic technology which are coming to fruition at the present time. Although now "mostly retired" and quite undistinguished, he consults, does some teaching, and hikes around any convenient mountain range.
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12:30
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Multiple - - Panel Discussion
The New Eyes Panel debate on - the most promising emerging technologies for onshore exploration (click '+' below for details)
Talk Description.
Our presenters will form a panel to discuss topics such as what they see as the most promising technologies for onshore exploration and exploitation, what barriers exist for successful deployment, the opportunity for small, entrepreunerial, companies in a world dominated by service 'behemoths', and so on.
This discussion will be led by David Bamford and will feature an audience Q&A session.
Used for panel discussions
Panel Discussion
This is part of our agenda where Finding Petroleum has a panel discussion.
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13:00
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Raffle Prize, followed by Lunch & 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.
New Eyes Exploration, founded by David Bamford, explores new ways to discover Oil and Gas.
Stuart Amor
Analyst
United Kingdom
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Raymond Wolfson
CEO
GETECH Group plc
United Kingdom
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RICK MOORE
DIRECTOR
QUAD OPERATIONS
United Kingdom
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Danny Ghale
Business Development
1Derrick
United Kingdom
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Geoff Marsden
Processing Geophysicist
GM Geophysical
United Kingdom
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Josh King
Analyst
RAB Capital
United Kingdom
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Stuart MacLeod
Aiteo Energy
Nigeria
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Bani Norouzian
Business Development Manager-IHS Energy
IHS Global
United Kingdom
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Robert Snashall
Consultant
RGSConsult
United Kingdom
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David Jackson
Vice President of Geological Services
ARKeX
United Kingdom
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Michael Doherty
Chairman
Impact Oil & Gas Limited
United Kingdom
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Patrick Taylor
Director
RISC (UK) Limited
United Kingdom
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Ben Pleasant
Graduate Trainee in Sales and New Ventures
ARKeX
United Kingdom
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Luis Merida
Imperial College
United Kingdom
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Robert Waterhouse
Director
Rosha Resources Ltd
United Kingdom
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Kate Garratt
Head of Energy
Aspectus
United Kingdom
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Dick Selley
Senior Research Fellow
Imperial College
United Kingdom
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Chris Page
Seismic Processing Manager
RPS Energy
United Kingdom
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Brian Sowerby
IT Architect
BG
United Kingdom
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Andy Bull
VP, Emerging Technology
Inova Geophysical
United Kingdom
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JOHN GEORGIOU
EXPLORATION CONSULTANT GEOPHYSICIST
RPS ENERGY
United Kingdom
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Christian Richards
Sales Manager
Bridgeporth
United Kingdom
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jonathan bedford
Director
JXT
United Kingdom
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Rod Thonger
Special Projects Director
RPS Energy
United Kingdom
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Matthew Lanstone
Financial investors
Capital Research Global Investors
United Kingdom
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Martin Deary
KMSol Knowledge Management Solutions Ltd
United Kingdom
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Martin Smith
Business Development Manager - Operations
RPS Energy
United Kingdom
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Christine Butler
Regional Products Geoscientist
CGG
United Kingdom
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Alyssia Frankland
Languagelab
United Kingdom
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Mick Small
RPS Energy
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Jack Higginson
Products Geoscientist
CGG Data Management Services
United Kingdom
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Jessica Driscoll
Director of Product Development
Languagelab.com
United Kingdom
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Geoff Dicks
Senior Industrial Designer
Schlumberger
United Kingdom
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Sean Waddingham
Data Library
CGGVeritas
United Kingdom
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Rod Makin
Consultant
LK Exploration
United Kingdom
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Philip Hyde
Business Manager
Schlumberger
United Kingdom
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Ron Silva
Consultant
United Kingdom
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VICTORIA UMEJURU
MSC STUDENT OF PETROLEUM ENGINEERING
london south bank university
United Kingdom
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Robert Heath
Retired
Seismic & Oilfield Services Ltd
United Kingdom
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Micky Allen
consultant
consultant
United Kingdom
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Mohammed Dahiru Aminu
M.Sc. Student
LSBU
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David Webber
Seismic Operations Consultant
Seismic Operations Consultant
United Kingdom
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Eleanor Jack
Consultant
United Kingdom
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David Dugdale
Analyst
Manulife Asset Management
United Kingdom
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Aaron Lockwood
Software Sales Manager - EAME
Shearwater Geoservices
United Kingdom
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Diwin Amarasinghe
Geophysical Specialist
Consultant
United Kingdom
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David Murray
Senior Analyst
Mars Omega LLP
United Kingdom
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Tom Martin
Director
Shikra Consulting
United Kingdom
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ANASTASIOS SKIADAS
Private Consultant
Consultant
United Kingdom
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Michael Blakemore
Director
Michael J. Blakemore Ltd
United Kingdom
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Pete Nolan
Exploration consultant
SHP
United Kingdom
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Ian Jack
Mostly Retired
Consultant
United Kingdom
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Mike Naylor
Director
MN Solutions (Cambridge) Ltd
United Kingdom
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Kok Woi Oon
South Bank University
United Kingdom
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Peter Farrington
Geophysicist
Consultant Geophysicist
United Kingdom
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MOMOHSANI MOMODU
MASTERS STUDENT
MSC STUDENT OF PETROLEUM ENGINEERING AT LONDON SOUTHBANK UNIVERSITY
United Kingdom
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Patrick Horwood
Business Development Geophysicist
Spectrum GEO Limited
United Kingdom
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Mohsen Daneshkhah
Managing Director & Chairman
Dana Geophysics Co.
Iran
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Harish Pillai
Vice President
Neo Energy
United Kingdom
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Anna Dawson
Senior geophysicist
Statoil
United Kingdom
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Yashodeep Deodhar
Derrick Petroleum Services
India
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Tiju Joseph
NPL
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Chris Edwards
Analyst
Statoil
United Kingdom
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David Mirzai
Analyst
Deutsche Bank
United Kingdom
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Samuel Runham
Account Director
Ovum
United Kingdom
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Lewis Mackinnon
Researcher
Strategic Analysis
United Kingdom
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Ed Tree
Geophysical Consultant
Ed Tree Consulting
United Kingdom
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James Wharf
Senior Account Manager
Ovum
United Kingdom
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RUTH LUX
Managing Director
Strategic Analysis at the Henry Jackson Society
United Kingdom
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Ali Zolalemin
Director
Emeres Ltd
United Kingdom
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Ivan Sandrea
Oxford Institute for Energy Studies
United Kingdom
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Mark Rees
Regional Manager Europe
Tesla Exploration
United Kingdom
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Nnamdi Anyadike
London office
Energy Correspondent
United Kingdom
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James Elston
Director
Palladian Energy
United Kingdom
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Derric Richardson
New Venture Manager
Tesla Exploration
United Kingdom
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Martin Blindheim
Managing Director
Energy Growth Partners Limited
United Kingdom
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Robert Parker
Consultant
Parker
United Kingdom
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Brian McBeth
Managing Partner
The Oxford Consultancy Group
United Kingdom
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Richard Bayes
Geophysicist
EOG Resources
United Kingdom
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Gerald Stein
Director
Pays International
United Kingdom
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Bill Arnold
Trap Oil Group plc
United Kingdom
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Terry O'Donnell
Business Development Manager
EPI Group
United Kingdom
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Colin Burnett
Director
PCAB Limited
United Kingdom
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Carmen Spies
Information Systems Team Assistant
Tullow Oil
United Kingdom
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Adam Marmaras
Event Organiser
Finding Petroleum
United Kingdom
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Alastair Skelton
Process Consultant
Pegasystems
United Kingdom
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Stuart Bennett
Geoscientist
Tullow Oil
Ireland
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Richard Martin
MD
GeoGuide Consultants Ltd
United Kingdom
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Michael Sloane
Commercial Director
Petromall
United Kingdom
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Kim Fairweather
Consultant
Vision Project Services
United Kingdom
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Martin Hodge
Business Development & Project Geophysicist
Geokinetics
United Kingdom
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Rob Holden
VP Sales, Africa Mediterranean Middle East
PGS
United Kingdom
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Angus Warren
Owner
Warren Business Consulting
United Kingdom
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Stano Hroncek
director
Geoproxima Pty Ltd
Slovakia
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William Davie
Director
Precision Impulse
United Kingdom
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John Flavell Smith
Wireless Seismic
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Paul Ihring
director
Geoproxima Pty Ltd
Slovakia
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Jordan Coleman
COO
President Energy
United States
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Hugh Ebbutt
Associated Director
WSS Energy Consulting
United Kingdom
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