The integrated event for unconventional resource teams

Sponsoring Organizations:

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

Endorsing 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

URTeC 2018 Topical Luncheons

Resource Characterization R&D: Understanding Subsurface Characteristics to Inform Development‬‬‬

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Speaker: Elena Melchert

Monday, 23 July

Rapid growth in unconventional oil and gas (UOG) production presents new opportunities and challenges within the domestic energy landscape, and positions the United States towards addressing the goal of U.S. energy dominance. The U.S. Department of Energy, through collaboration with industry, academia, state, and local governments, has identified that some basins are more mature in producing unconventional oil and gas, while other basins are less developed. Because of different geological (ex. reservoir characteristics), environmental (ex. water use and disposal), and social constraints (ex. infrastructure development), basins have different regional issues and in response, DOE has been building a research portfolio that characterizes basin-specific UOG development. DOE is developing a series of field laboratories in different basins, including the Appalachian Basin, Permian Basin, and Western Gulf Coast Basin to improve understanding of regional development while improving technologies and best practices to optimize recovery. Successful basin-level characterization can determine optimal completion techniques, allowing for the development/deployment of technologies that increase hydrocarbon production while reducing environmental impacts and ensuring the public good.

Date Wednesday, 25 July
Time 12:05 p.m.—1:15 p.m.
Location George R. Brown Convention Center
Fee $60 per person
Speaker Elena Melchert, Director of Upstream R&D, Office of Oil and Natural Gas, Department of Energy

Elena Melchert

Director of Upstream R&D, Office of Oil and Natural Gas, Department of Energy

Energy, Poverty and Carbon: Seeking the Radical Middle‬‬‬

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Speaker: Dr. Scott W. Tinker

Monday, 23 July

Energy fuels the economic engine of the world. Access to secure energy — affordable, available, reliable, and sustainable — is not only vital for economic health, but also to lift the world from poverty, and to invest in the environment. Are carbon policy and poverty mutually exclusive, or does there exist an energy “radical middle” that can address the challenges of carbon and poverty, and still preserve a healthy economy? To avoid the often-negative unintended consequences of well-intended government policy requires a culture of fact-based, transparent, and accessible energy education, as well as open, objective, and honest dialog around such things as scale and density; emissions, land use, and water; resource extraction and development; economics and policy; and more. Through such dialogue, compromise and convergence on regional workable solutions might be possible.

Date Monday, 23 July
Time 12:05 p.m.—1:15 p.m.
Location George R. Brown Convention Center
Fee $60 per person
Speaker Dr. Scott W. Tinker, Director, Bureau of Economic Geology, State Geologist of Texas; Professor, Edwin Allday Endowed Chair in Subsurface Geology, Jackson School of Geosciences, The University of Texas at Austin

Dr. Scott W. Tinker

Director, Bureau of Economic Geology, State Geologist of Texas; Professor, Edwin Allday Endowed Chair in Subsurface Geology, Jackson School of Geosciences, The University of Texas at Austin

The Role of Unconventional Reservoirs in Sustainable Energy Solutions — “Recycling” Petroleum Basins‬‬‬‬

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Speaker: Denise M. Cox

Tuesday, 24 July

In petroleum systems, sustainability can be viewed in terms of a petroleum basin’s diverse resource and potential to be productive indefinitely dependent on the geology and application of technology. Technical teams provide the best understanding of the subsurface to reduce project risk, optimize appraisal and development, and investigate re-development options to maximize recovery of reserves. An understanding of the subsurface in mature basins provides options for development to take advantage of existing infrastructure, access to sources of water, and locations for water disposal to minimize both the surface and carbon footprint of projects. New play concepts and redevelopment projects also positively impact the economy and social programs of local communities through employment, support of local businesses, and improvements to community infrastructure. By communicating the environmental, economic, and social contributions of unconventional reservoir projects along with the technical aspects of development we can better advocate for the role the petroleum industry plays in sustainable energy solutions.

Date Tuesday, 24 July
Time 12:05 p.m.—1:15 p.m.
Location George R. Brown Convention Center
Fee $60 per person
Speaker Denise M. Cox, President, Storm Energy Ltd., President-Elect, AAPG

Denise M. Cox

President, Storm Energy Ltd., President-Elect, AAPG

Lessons Learned from Three Unconventional Resource Plays: Denver Julesburg, Delaware, and Anadarko Basins

 

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Speaker: John Ford

Tuesday, 24 July

Managing operations in three separate oil-based unconventional resource plays have provided a number of learnings over the last decade. This discussion will compare and contrast common themes to drive value and mitigate risks in development of resources in the Denver Julesburg, Delaware, and Anadarko Basins.

Date Tuesday, 24 July
Time 12:05 a.m.—1:15 a.m.
Location George R. Brown Convention Center
Fee $40 per person
Speaker John Ford, Regional Vice President, Newfield Exploration

John Ford

Regional Vice President, Newfield Exploration

The Unconventional Revolution in Geophysics: How Geophysics Adds Value to Resource Plays‬

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Speaker: Nancy House

Wednesday, 25 July

3-D seismic imaging revolutionized hydrocarbon exploration by providing a robust picture of the subsurface. Higher ‭prices enabled expensive technologies and investments development of previously uneconomic deposits. The balance between development and the market value of the resource is critical. Recent advances in 3-D seismic allow interpreters to map areas of higher productivity, and identify bypassed reserves. MicroSeismic mapping has made completion more efficient and safer. Geophysical data is now an accepted early development tool of successful oil and gas companies.‬

Date Wednesday, 25 July
Time 12:05 p.m.—1:15 p.m.
Location George R. Brown Convention Center
Fee $60 per person
Speaker Nancy House, President 2017-2018, SEG‬

Nancy House

President 2017-2018, SEG

SEC and PRMS Proved Reserves: Why Differences Still Exist

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Speaker: John Lee

Wednesday, 25 July

 

After the modernization of the SEC’s reserves reporting requirements in late 2008, many expected that SEC and PRMS would broadly classify, characterize, and estimate reserves in a broadly consistent way, except for some obvious differences such as prices and costs used in evaluations and some potential interpretation issues. This expectation has not necessarily been realized. We have found that public reports of proved reserves based on PRMS and on SEC definitions sometimes differ by substantial amounts. This presentation examines root causes of these reported differences and the implications of the differences.

Date Wednesday, 25 July
Time 12:05 p.m.—1:15 p.m.
Location George R. Brown Convention Center
Fee $60 per person
Speaker John Lee, DVG Endowed Chair and Professor of Petroleum Engineering, Texas A&M University‬

John Lee

DVG Endowed Chair and Professor of Petroleum Engineering, Texas A&M University