The next generation of exploration technologies
back to the future, returning to the onshore!
Free
FEATURED SPEAKERS
Ivan Sandrea
» Senior Advisor
» Oxford Institute for Energy Studies
John Flavell Smith
»
» Wireless Seismic
Full Agenda
Thursday, March 7, 2013
London
The Geological Society
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!
|
|
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 t
More... | |
|
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 res
More... | |
|
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.
More... | |
|
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 operate
More... | |
|
|
|
Wireless Seismic, Inc. was founded in 2006 with a single purpose: to design and develop a wireless r
More... | |
|
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 p
More... | |
|
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. |
|
|
|