This is an old OTC site. For links to the current year and other OTC events, visit OTCnet.org.

otcnet.org

Topical Luncheons

All topical luncheons below require a separate ticket. Register now.

Monday, 2 May

1215–1345

Tickets: USD 50 each

Saudi Aramco's Gas Exploration and Development Program - SOLD OUT

Saad Turaiki, Vice President of Production, Saudi Aramco

Saad Turaiki will discuss the key challenges that are likely to be faced by the upstream oil and gas industry in the mid- to long term. He will propose solutions for addressing the anticipated challenges—with particular emphasis given to the role of technology. He will also discuss Saudi Aramco's strategies and programs.

Silicon Seafloor: Constraints That Have Limited the Adoption of Semiconductors in Subsea Production Systems

Tyler Schilling, CEO, Schilling Robotics

The future of subsea production systems includes a steady growth in the fundamental complexity of required subsystems. The increasing adoption of rotating machinery and a range of devices that depend on significant increases in the quantity and diversity of monitoring and control capabilities imply that the use of semiconductors will no doubt increase. This same pattern has been experienced on the factory floor over the last several decades with impressive results in productivity and efficiency.

This presentation examines the constraints that have limited the adoption of smart devices in this highly complex but low volume industry. A range of possible solutions will also be presented to ease the adoption process.

Next Steps in Offshore US Regulation

Michael Bromwich, Director, Bureau of Ocean Energy Management, Regulation and Enforcement (BOEMRE)

In response to the Deepwater Horizon oil spill in the Gulf of Mexico, the Obama Administration has launched the most aggressive and comprehensive reforms to ensure the safe development of offshore oil and gas regulation and oversight. Bromwich will discuss the new reforms and regulations being implemented to restore the American people's confidence in the safety and environmental soundness of oil and gas drilling and production on the US Outer Continental Shelf.

Sponsored by dmv

Tuesday, 3 May

1215–1345

Tickets: USD 50 each

Incorporating High-Integrity Pressure Protection Systems Into Subsea System Designs

Per Christian Bunaes, Senior Engineer, Deepwater Technology, Det Norske Veritas, USA

Per Christian Bunaes will present an overview of the technical and economic case for high integrity pressure protection systems (HIPPS) in offshore oilfield development projects. Bunaes is currently conducting a Joint Industry Project on HIPPS, and will present an overview of the results of the JIP study.  He will also address the impact of the Gulf oil spill on attitudes towards HIPPS systems in general.

Sponsored by dmv

OGX: A Brazilian Company—A Successful Model

Paulo Manuel Mendes de Mendonça, General Executive Officer and E&P Director, OGX

Since its creation in 2007, OGX has established a leading position in the Brazilian oil and natural gas exploration and production sector, growing from a zero market cap in July 2007 to USD 23.7 billion just after its IPO (June 2008) and to USD 43 billion in November 2010.
OGX is responsible today for the biggest exploration drilling campaign in Brazil, besides Petrobras,  with seven drilling rigs operating in parallel (including one onshore), one jack up  to start operating by the end of 2010, and 87 exploration wells to be drilled until 2013.
OGX exploratory campaign is currently drilling its 25th exploration well, with an overall success rate of over 95% and only one dry well reported.

From July 2007 to November 2010, OGX´s expenditures/investments reached USD 2.15 billion, the estimated volumes of oil and gas discovered to date ranges from  2.6 to 5.5 billion boe, and the company is planning its first production by the first half of 2011, less than four years after its creation.

ExxonMobil:  Researching the Fundamentals to Support Operations Integrity

Operations integrity is a core value that ExxonMobil holds in high regard. ExxonMobil Upstream Research Company (EMURC) supports upstream development and production operations integrity through fundamental research. The Offshore Division of EMURC has a long-standing history of technical innovation and research into the fundamental aspects of offshore and arctic engineering.

Roald Lokken will first present a historical and current overview of EMURC's offshore research, followed by in-depth presentations on EMURC research efforts that are supporting the goal of operations integrity. Topics will include arctic exploration and development, LNG shipment, and strain-based pipeline design/performance.

Sponsored by Knovel


Speaker

Roald Lokken, Chief Offshore Engineer, ExxonMobil Upstream Research

Panelists

Luis Garza-Rios, Supervisor, Arctic, Metocean and Structures
Severin Hoie, Supervisor, Marine and Subsea
Amy Styslinger, Supervisor, Mechanics and Materials

Oil Spill in the Gulf of Mexico

Christopher Smith, Deputy Assistant Secretary for Oil and Natural Gas, US Department of Energy

Christopher Smith will address the impact of the oil spill in the Gulf of Mexico, the government response to the spill, and the new government role in the oil and gas industry.

CO2 Technology Centre Mongstad (TCM) at the Forefront of Innovation

Tore Amundsen, Managing Director, CO2 Technology Center Mongstad

A joint venture project, the CO2 Technology Centre Mongstad is the world’s largest facility for testing and improving CO2 capture technologies. Construction of the USD 1 billion project is 65% complete, and the facility is on-track to start operating in early 2012. Building on the strong Norwegian experience with CO2 storage, TCM will take it one step further with an ambition to contribute to the availability of commercially viable carbon dioxide capture technologies for the world. It will be the first of its kind to test two different types of capture technologies from two different flue gas sources of CO2 side-by-side.


Wednesday, 4 May

1215–1345

Tickets: USD 50 each

ADNOC Major Offshore Development: Opportunities and Challenges

Ali Khalifa Al Shamsi, Director of Offshore Divisions, ADNOC

Ali Khalifa Al Shamsi will discuss the major challenges in the oil and gas sector in the UAE. In addition, he will highlight the future outlook of the major offshore projects in the UAE.

Updated Information on the Pre-Salt Development Offshore Brazil

Jose Formigli, Executive Manager E&P-Presalt, Petrobras

Petrobras' exploratory results in the Santos and Campos basins´ pre-salt deep- and ultra-deepwater horizons have been outstanding during the last decade.

In September 2008 and May 2009, very shortly after the first discoveries, Petrobras began production of extended well tests in the Jubarte and Tupi fields, which delivered supportive information on future development plans for the whole pre-salt area.

In October 2010, the first registered oil was on the Cidade de Angra dos Reis FPSO, which was the first commercial scale production platform installed in the Tupi area, offering 100,000 bpd capacity. In December 2010, declaration of commerciality was announced for the Tupi and Iracema accumulations, naming both fields as Lula and Cernambi.

Petrobras' experience in deepwater operations will pave an aggressive production ramp up in the pre-salt area throughout the coming years, based on an yearly reviewed, robust master plan covering production development projects, as well as technological efforts and logistical support.

This presentation will cover this relatively short but already remarkable E&P journey in the offshore oil and gas industry and will update the audience about the most recent, established targets for production development. Jose Formigli will share Petrobras' view on the foreseen bright future for pre-salt in Brazil.


Major Investments in Offshore Indonesia

Ing. Evita H. Legowo, Under Secretary of Energy, The Republic of Indonesia

The next five years will prove to be a period of significant growth in development of Indonesia’s offshore assets. In the oil and gas sector, Indonesia has significant potential offshore and deepwater blocks for tender, as well as new and existing contracts awaiting exploitation. A wide range of offshore industries are called to come to Indonesia to develop and deploy needed offshore technology during this growth period.

Evita Herawati Legowo will review a sample of major investments taking place in offshore Indonesia and will discuss the opportunities awaiting further investment in capital and technology.

 

DeepStar: Deepwater Technology Development

DeepStar is widely recognized as the pioneer and continuing leader in technology development for deepwater and ultra-deepwater applications across the planet. DeepStar’s strategy is to develop technologies that are aligned with member business needs, gain acceptance of the technologies by industry and regulators, and then transfer and apply those technologies to deepwater assets. DeepStar is managed by Chevron on behalf of 10 operator members and +/-65 vendors and service companies contributing to the effort. A panel of DeepStar’s Management Committee members will present highlights of the current Phase X work and outline challenges for the future.

Moderator
Hani Sadek, DeepStar Director, Chevron Energy Technology Company

Panelists
Luiz Fernando Souza, Production Engineering and Development Assets Area Manager – GOM, Petrobras America Inc.
Rowland Burno, Vice President, Technical Assurance, Nexen Petroleum
John Allen, Account Executive, GE Energy
Tom Williams, President and CEO, Nautilus International


Recent Developments in Israel
Shaul Zemach, Director General of the Minister of National Infrastructures

Uzi Landau will speak about Israel’s natural gas exploration and discoveries, as well as how these discoveries may impact not only Israel but other nations, including the US.

The United States Geological Survey recently estimated that more than 120 trillion cubic feet of recoverable gas reserves lay beneath the waters of the eastern Mediterranean. In that scenario, Israel could eventually become a net energy exporter despite still needing to import oil to refine into gasoline and other products. These developments could potentially offer opportunities for US companies.

The natural gas reserve discovered by Houston-based Noble Energy alongside Israeli partners Delek Group Ltd., Avner Oil and Gas LP, Delek Drilling LP and Ratio Oil Exploration off the northern Israeli port of Haifa is estimated to be 16 trillion cubic feet (tcf) of gas, making it the world's largest deepwater gas discovery in 10 years. It increases Israel's total natural gas reserves by as much as 26 tcf. The find means that Israel—with a long history of dependence on foreign energy—could find itself in a much more advantageous position in the coming decade.

Thursday, 5 May

1215–1345

Tickets: USD 50 each

Energy Geopolitics

Michael Economides, Professor, Cullen College of Engineering, University of Houston

The past few years have been eventful in the world of energy. Oil prices climbed to almost USD 150 per barrel and then completely unexpectedly suddenly dropped to around USD 40, prompted by the “credit crisis” and then compounded by economic recession. As should be expected, prices have been climbing recently.

While the calculated break-even price of oil should hover around USD 65, geopolitical headlines rule the price, and the world is constantly one headline away from far larger oil prices. There is a substantial imbalance in the location of energy producers and consumers, an imbalance that has precipitated world conflicts and one that will likely cause future upheavals.

One bright spot for the future is that energy consumption in the generation of wealth and the forms of primary energy sources have not been constant throughout the last two centuries. Of considerable significance is the change of fuels from wood to coal to oil and now to natural gas and, eventually, hydrogen will play a role. Wide use of electricity in transportation is the only long-term, although decades away, future.

New Technologies for Enhanced Oil Recovery

James Tour, Professor, Smalley Institute for Nanoscale Science and Technology, Rice University

Sponsored by Water Standard

Coal, oil, wind, geothermal, natural gas, and solar power are most powerful when they are joined together with the latest innovations in technology. Rather than singular and magic-bullet answers, society will have a menu of diverse and combined solutions.

Natural gas leads to H2 with the CO2 captured and used as a positive economic asset. Oil can be further exploited for raw chemicals rather than for direct combustion. The intermittency of renewable energy yields a time-varying surplus of cheap power that can be used to turn the dwindling CO2 byproducts into a marketable commodity. Human brainpower and cooperation leads to green carbon alternatives that offer an abundance of energy, chemical products, and low- or zero-pollution transportation fuels such as H2.

James Tour will discuss the institute’s work on graphene filtration agents, nanoreporters that can delineate the constitution of the downhole environment, and mesoporous CO2 capture media.

Note: Topical Luncheons will be held in Reliant Center, level 2, in rooms 202, 204, 206, and 300. The specific room for each luncheon will be indicated on signs outside the rooms.