The integrated event for unconventional resource teams

Sponsoring Organizations:

Society of Petroleum Engineers American Association of Petroleum Geologists Society of Exploration Geophysicists

Supporting Organizations:

Association for Iron and Steel Technology Association for Iron and Steel Technology American Rock Mechanics Association American Society of Mechanical Engineers American Society of Mechanical Engineers
Society of Petrophysicists and Well Log Analysts The Minerals, Metals and Materials Society Society of Petrophysicists and Well Log Analysts The Minerals, Metals and Materials Society
Plenary Session URTeC 2017

Opening Plenary Session: Defying World Expectation by Doing More With Less

Panelists

Gene Beck
Alex Archila
Greg Guidry
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  • Panelists

Production from unconventional plays catapulted the U.S. into a leading global supplier and threatened OPEC dominance. The Cartel’s first reaction was unwillingness to cut oil production, which led directly to the collapse in oil price in late 2014. This was a calculated effort to stop the unconventional insurgency. Indeed, the lower-for-longer price environment has dramatically impacted our industry — but in a way OPEC did not foresee. U.S. unconventional players are true entrepreneurs using application of technology innovations and cost improvements to disrupt the expected demise of the unconventional industry.

Our distinguished plenary speakers will discuss how unconventional operators can quickly respond to dynamic price changes and are capable of drilling and producing profitably even when the price of oil is relatively low, thus defying world expectations by doing more with less.

Date Monday, 24 July
Time 8:30 a.m.–10:00 a.m.
Location Austin Convention Center
Fee Included with registration

Gene Beck

Senior Vice President for U.S. Onshore, Statoil

Alex Archila

President, North America Shale, BHP Billiton

Greg Guidry

Executive Vice President, Unconventionals, Shell