We would like to invite you and your colleagues to the April London Section evening meeting for lectures on Brexit (PwC), Crude oil and climate change (Adrian Gregory) and a debate on reservoir simulation vs analytical methods (four speakers).
This event will be held at Imperial College; Royal School of Mines, Prince Consort Road, London, SW7 2BP.
The Royal School of Mines is about 15 minutes’ walk from South Kensington tube station via Exhibition Road and Prince Consort Road.
Please, read more about the agenda, the talk content, and the booking information below.
SPE London Section - Programme Chairman
||Talk and Speaker
|5.00 pm -
Time: 5.00 pm – 5.55 pm
Talk1: Brexit: effect on the oil sector, Craig Stevens and Neil Leppard, PricewaterhouseCoopers
Time: 5.55 pm – 6.50 pm
Talk2: Crude Oil Resource Ecology and effects on its demand, such as Climate Change abatement, Adrian Gregory, MORE Oil & Gas Consultancy
Read more >
|DRINKS AND NETWORKING BUFFET
|7.20 pm -
Time: 7.20 pm – 8.50 pm
Talk3: Debate on reservoir simulation vs analytical methods, Tim Whittle, Kes Heffer, Jonathan Ovens, Alejandro Primera
Read more >
Venue: The event will be held at the Department of Earth Science and Engineering, Imperial College London
Map : http://www.imperial.ac.uk/media/imperial-college/visit/public/Map-of-South-Kensington-Campus-%5Bpdf%5D.pdf
Directions : Please note the main entrance to the Department is via the Royal School of Mines Building on Prince Consort Road, between 10 and 12 on the campus map
Booking: All booking must be paid in advance and online please.
Cost £34 for SPE/PESGB/EI members, £44 non-members, £19 unemployed members.Non-refundable £15 for students booking by Friday 21st April (£19 after). All tickets have an additional Eventbrite fee.
BEFORE DINNER: 5.00 - 6.50pm.
Talk 1: Brexit: effect on the oil sector, Craig Stevens and Neil Leppard, PricewaterhouseCoopers
Craig is a senior manager oil and gas: driving growth of PwC’s UK Oil & Gas business through the development of new opportunities in upstream Oil & Gas and Oilfield Services and shaping our strategy. Additionally, he is working to develop the firm's approach to decommissioning and transformation of the North Sea Oil & Gas industry.
Neil is a director at PwC and has 20 years of deal experience, much of it focused throughout the hydrocarbon value chain, most notably in E&P where Neil has experience across the UKCS, Middle East, Africa and South East Asia. Most recently his North Sea experience includes both the INEOS acquisition of DEA (from L1) and Premier Oil's acquisition of Eon UK and he supports Carlyle with their recently announced signing of the acquisition of Shell's onshore Gabon business
PWC’s Transaction Services Division helps companies make acquisitions, divestitures and strategic alliances, and to access the global capital markets. In each case, we have the same overriding objective: to ensure clients maximise the return on their deal. With more than 3000 dedicated specialists in our global transaction services business (450 of them in the UK) we bring a unique combination of financial, commercial and operational insight to every deal. Our dedicated industry specialists across these disciplines deliver unparalleled knowledge to their clients as we navigate the deal process with them.
Talk 2 : Crude Oil Resource Ecology and effects on its demand, such as Climate Change abatement, Adrian Gregory, MORE Oil & Gas Consultancy
Time for different perspectives? For the last two years, sustainable crude oil production has out-stripped demand. Institutions, operators and players now acknowledge the real certainty of abundant crude oil resources for future generations. Commercial upstream E&P investment is down significantly and peak oil demand is looming on the horizon. Renewable energy in 2017, however, has seen China willing to invest £292bn by 2020 and Saudi Arabia seeking to spend up to $50bn as part of a “massive” new energy program. LNG markets are growing significantly and electric car technology is set to deliver the third generation in 2017.
Analysing ‘Planet Oil’ from a Natural Resource Ecology perspective has highlighted the need for effective technical stewardship of National Resource Wealth and infrastructure stock, which are ‘time critical’, specifying their ‘time window’. Categorising National Technical Resources is challenging and needs further work. Servicisation of infrastructure stock is not new, offering extended life if the new normal persists. COP21 Climate Change Paris agreement was signed in the UK on the 17th November 2016. National Resource Management plans and new industrial policy should be built around inter-temporal strategy while global enterprise continues to deliver modern, relatively low cost energy systems in emerging and developing countries.
Adrian is Principal Resource Consultant at MORE Oil & Gas Resource Management Consultancy UK. He has worked for 35 plus years primarily as a Principal Reservoir Engineer Advisor. Been a technical leader of the UK Government DTI Enhanced Oil Recovery and Improved Oil Recovery programmes from 1992-96 before setting up MORE Consultancy. He has significant experience in various technical specialism such as IOR, resources & reserves, technical risk management, and carrying out technical assurance reviews and audits. Has had various commercial, management, governance and leadership roles -- spanning the entire petroleum exploration and production value chain working in Government and for National, International & Domestic E&P companies. Worked in both conventional & unconventional petroleum communities.
AFTER DINNER: 7.20 pm - 8.50pm:
Talk 3: Debate on Simulation vs Analytical methods, Tim Whittle, Kes Heffer, Jonathan Ovens, Alejandro Primera
Reservoir Engineers often use a wide variety of tools to construct forecasts, ranging from decline curve analysis through analytical models to full field simulation models. As recent posts on the SPE Connect Discussion board in late 2016 and the discussion held during the February 2017 London Section Tuesday meeting on decline curves suggest, this seems to be a subject that raises strong opinions.
The SPE London Board decided it would be good to hold a mini debate to help flesh out the pros and cons of each approach.
We have arranged four speakers, all of whom have extensive experience around the subject, to talk on either side of the issue with the aim of how, when and where each method should be used and the relative strengths and weaknesses of each approach. The subject will be open to the floor for questions and comments.
Tim Whittle graduated with a degree in Engineering Science from Cambridge University in 1979 and joined Flopetrol – a well testing company. Having gained field experience and developed pressure derivative analysis methods, he moved into consulting roles performing reservoir engineering and pressure transient analysis studies as well as teaching and developing software. For the last ten years, he worked at BG Group (now Shell) where his last role was Chief Reservoir Engineering Advisor and Group Technical Authority in Well Testing and Pressure Transient Analysis. A SPE Distinguished lecturer (2010-11), he is now an independent consultant and Visiting Professor at Imperial College where his research interest is Multi-well Deconvolution.
Kes Heffer worked for BP (1971-2000) as a petroleum/reservoir engineer, particularly research into issues of reservoir description. Now conducts research, consultancy and training courses through Reservoir Dynamics Ltd. specialising in the rôle of faults, fractures and geomechanics in the processes of fluid flow in reservoirs. Kes has been an Honorary Fellow of the Institute of Petroleum Engineering at Heriot Watt University since 1999.
Jonathan Ovens joined Shell in 1986 after completing a Ph.D in Physics at Cambridge University. He worked as a Reservoir Engineer, particularly in the areas of hydraulic fracturing, pressure transient analysis and reservoir simulation. Between 1997 and 2012 he worked as an independent consultant for a variety of companies covering the North Sea, North Africa and the Middle East. His experience covers Exploration and Development planning through to Reserves Evaluation. In 2013 he joined JX Nippon E&P (UK) Ltd as a Senior Reservoir Engineer working a wide variety of assets in the North Sea. Between 2009 and 2015 he served on the SPE Europec Technical Committee and is a member of the SPE London Board.
Alejandro Primera holds a Petroleum Engineering degree from “Universidad Central de Venezuela” and PE diploma from Heriot-Watt University, and has developed his career in numerical reservoir simulation applied to development of conventional and unconventional fields, with experience in the UK, Venezuela, Colombia, Mexico. In 2013 and after few years of experience in Schlumberger and later in ENI, he started the consultancy firm Primera Reservoir LTD focusing in decision making under uncertainty, reservoir management and enhanced oil recovery. He is also consultant for Nexen-CNOOC in projects like Buzzard field redevelopment in the North Sea.