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Super Basins 5: UK superbasins, and why we should be exploring in the UK


.....where's their next 'growth spurt', have they been neglected?
Free
FEATURED SPEAKERS
Nick Terrell
» Chair
» Exploration Task Force

Full Agenda

Friday, February 4, 2022
Webinar
Online

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.

Agenda

 
13:00 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 t
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13:05 Nick Terrell - Chair
Exploration Task Force

The opportunity for responsible investment in UKCS Upstream - watch video of whole webinar


Watch Video   
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
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13:45 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.

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Finding Petroleum was established to help the oil and gas industry network, and stay up to date on t
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