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W(h)ither Global Exploration?

…we seem to be at a critical moment, where should we look for new opportunities?
Cleveland M Jones
» Researcher
» INOG - Intituto Nacional de Óleo e Gás Geosciences/Geopolitics
Mike Cooper
» Technical director
» 1st Subsurface Oilfield Management

Full Agenda

Friday, December 1, 2023

“Where next for Global Exploration?” is a good question.

Despite phenomenal success in Guyana and - possibly - similar in Namibia, at best other regions are yielding relatively small volumes.
And some would see the failure of BP’s Ephesus well, offshore Newfoundland, as an event similar to the failure of the Mukluk well, offshore Alaska, back in the early 1980s, disheartening explorers for the rest of the decade.

We disagree.

Spectacular dry hole failures are typically the result of a failure of technique, a lack of true understanding of regional geology, of the petroleum system to hand, relying instead on a ‘silver bullets’ - “all you need is 3D seismic and AVO” for example. Nowhere are the correct foundations illustrated better than in the success of ExxonMobil, and its partner Hess, in Guyana.

With that in mind, in this Webinar we will examine recent global exploration history carefully, and access “where next?” against a changing economic background providing new constraints.


13:00 Karl Jeffery - editor
Finding Petroleum

Welcome & Introducton

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
13:05 Cleveland M Jones - Researcher
INOG - Intituto Nacional de Óleo e Gás Geosciences/Geopolitics

Future Global Exploration Hotspots

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Prof. Jones is currently a researcher at INOG (Instituto Nacional de Óleo e Gás – INCT/CNPq - Brazil), a consultant (geopolitics of oil and energy) to District Attorneys and oil and other industries, member of the Geosciences Advisory Board of NXT Energy Solutions, Inc. of Canada, board member of Waste to Power South Australia Pty., Ltd., and technology director of Fronteira Energia Ltda. (Brazil). He was also founder and director of several environmental and biotech firms, Course Coordinator of the Post-Graduate Program in Environmental Management (FUNCEFET, Rio de Janeiro, Brazil), Coordinator of the Industrial Engineering Studies Group (NEPRO) at UERJ, Coordinator of a major Knowledge Management project (Petrobras/UERJ), and led the Environmental Diagnostic Project at Brazil´s largest municipal landfill.

He is an expert in energy and resource assessment (yet-to-find-oil), biotech applications (bioaugmentation, bioremediation, MEOR, biohydrogen and gold hydrogen), and environmental/sustainability topics. Prof. Jones is a frequent speaker, author of technical articles, and member of Mensa Brazil and other professional organizations. He is fluent in English, Portuguese and Spanish.

Prof. Jones Graduated in Physics and Economics (post graduate work in International Economics) at Cornell University (1974), has a post-graduate degree in Oil and Gas Engineering from UERJ (State University of Rio de Janeiro, 2007), and a masters (2009, Basin Analysis) and doctoral (2014, MEOR - Microbial Enhanced Oil Recovery) degree in Geology, also from UERJ. He is also an Environmental Auditor (UFRJ, Rio de Janeiro, Brazil).

INOG - Intituto Nacional de Óleo e Gás Geosciences/Geopolitics

13:30 Mike Cooper - Technical director
1st Subsurface Oilfield Management

Future Exploration Hotspots in Africa (Title TBC)

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Mike Cooper is Managing Director at 1st Subsurface, a multidisciplinary consultancy specialising in subsurface management, exploration and asset strategy. 1st Subsurface supplies the TROVE oil and gas industry databases. These databases contain detailed geoscience & technical data on every field, discovery and open-source prospect for the basins covered.

1st Subsurface Oilfield Management
1st Subsurface Oilfield Management is a multidisciplinary consultancy specialising in subsurface oil
13:55 David Bamford - Director
Future Energy Partners Ltd

Q&A followed by Close no later than 1415

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 joined the board of Premier Oil in May 2014.

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.

Future Energy Partners Ltd
Future Energy Partners (FEP) is a unique oil and gas advisory service which prides itself on technic

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Where are the big fields hiding? A Premier perspective!
by Andrew Lodge from StrategicFit

"Networking within an Africa-focussed group...."


We are planning a further webinars program for 2024 -
If you may have an interesting story to share, please contact
Karl Jeffery on