12:05 PM –1:15 PM | Colorado Convention Center | $50 per person
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
Results from a 3-year, bottom up study of the four most prolific shale gas basins in the U.S. — Barnett, Fayetteville, Haynesville, and Marcellus —will be discussed. A team of engineers, geoscientists and economists examined production from every well in each field and integrated geology and economics into an activity based model that forecasts future production and reserves for each basin. Fields were tiered by well productivity and gas/liquids content allowing future drilling and economics to be examined in a much more granular way than other public studies. The work has been published in peer reviewed literature and a series of Oil and Gas Journal articles, and reported broadly in the national media, including the cover of the Wall Street Journal and NPR.
Terry Engelder, Professor of Geosciences, Pennsylvania State
The nature of hydraulic fracture stimulation in gas shale is difficult to know. An engineer’s view might start with the bi-wing model and single, parallel fracture zones running outward for more than 1000 feet from perf clusters. Another engineering view is that the stimulated rock volume expands more like the roots of a tree to fill a volume that may be restricted in map view to a few hundred feet. The geophysicist has such tools as Microseismic data which suggest that the stimulated reservoir volume varies in character from stage to stage. The geologist sees the incomplete fracturing of gas shale in outcrop where joints are planar and can extend well beyond the standard spacing of horizontal wells. However, the variation of joint density in outcrops suggests that some stages might not be as productive as others and if two joint sets are present, there is the possibility that fracture stimulations connect much like the roots of a tree.
Samuel W. French, Senior Reservoir Engineer, BP North America Gas
Mullet-stage horizontal well stimulation treatments have been the key completion approach driving the recent US shale revolution, primarily using Plug & Perf. As many of these shale plays mature, it is becoming increasingly apparent that the majority of the wells have not been effectively stimulated, with high efficiency rarely being achieved resulting in only partial coverage. In fulfilling the desire to complete these wells in a timely manner, it is now apparent that there likely remains a significant portion of un-stimulated pay in a typical well post completion.
12:05 PM–1:15 PM | Colorado Convention Center | $50 per person
Philip H. “Pete” Stark, Senior Research Director and Advisor, IHS Energy Corporation
The unconventional oil and gas revolution has delivered dramatic increases in U.S. oil and gas resources and supplies. The magnitude of the shale and tight gas resource is huge and capable of meeting anticipated natural gas demand for many decades. The identified tight oil resource base is substantial but oil supplies could reach a plateau within ten years or less at projected drilling rates. Sustaining the tight oil revolution is a challenge to the petroleum industry. This presentation examines key geoscience and technology challenges and factors that will dictate the shape of the future oil supply curve.
Mark McCaffrey, Geoscience Manager of Interpretive Services, Weatherford Laboratories
As the pace of drilling in the United States has increased, so has the number of alleged incidents of stray natural gas migration to shallow aquifer systems. Using examples from the Barnett and Marcellus gas resource play areas, this talk presents the geochemical methodology for determining if gas in an aquifer is, or is not, related to petroleum development activities.
Tim Sulser, Director, Investment Banking, Tudor, Pickering, Holt, & Co.
The talk will discuss the broader 2014 M&A market and relevant unconventional transactions showing how the deal market has evolved specifically in the Bakken, DJ-Niobrara, Powder River, Permian and Eagle Ford unconventional resource plays. A comparison and contrast of the valuation frameworks and what differentiate core acreage metrics in each of the plays will be reviewed. Activity in the market is a barometer of the constant advance of technical development and industry’s perspective on future value.
Shane Fross, General Manager – Rockies Completions, Anadarko Petroleum Corporation
Shane Fross has worked for Anadarko for over 20 years in a variety of roles and countries. During the 2013 Colorado Flooding event, he was the Incident Commander on behalf of Anadarko.
Fran Hein, Chief Geologist, Alberta Energy Regulator, President, Energy Minerals Division, A Division of American Association of Petroleum Geologists
This talk will cover the latest and greatest issues regarding the development of the vast oil-sands deposits of Alberta, including the geology, recovery methods, reserves estimates, and factors affecting sustainable development of these important hydrocarbon resources. This talk will highlight some of the major multidisciplinary issues that came out in the 2013 AAPG Studies in Geology 64 on heavy oil and oil sands.
Alan B. Lumsden, MD, The Walter W. Fondren III Distinguished Endowed Chair, Medical Director Houston Methodist DeBakey Heart & Vascular Center, Houston Methodist Hospital
Much like the O&G Industry uses high-definition LWD/MWD to assess well drilling and reservoir geometry, interventional cardiologists use intravascular ultrasound and optical coherence tomography to visualize coronary artery (pipe) disease location and severity, and to assess treatment ‘completion’ and blood ‘flow assurance’.
Miniature drilling devices and filters may also be used to unclog blocked vessels. This talk will highlight the Pumps & Pipes Program a unique collaborative initiative between energy, medicine, aerospace and academia — Houston’s largest industries — to identify and develop innovative crossover ideas and technologies by exploring the other guy’s toolkit.
The integrated learning platform focused exclusively on the intersection point between engineers, geoscientists, land men and all asset team members to produce successful unconventional plays.