Welcome from the Programme Conference Chairs
On behalf of the Society of Petroleum Engineers and the Conference Executive and Technical Programme Committees, we take great pleasure in announcing the SPE Annual Caspian Technical Conference and Exhibition held 1–3 November 2017, in Baku, Azerbaijan.
This year’s conference theme “Chasing the Margins” will focus on the current market conditions facing the oil and gas industry, both globally and on a local level. Now that oil prices seem to have stopped falling, confidence in the oil and gas industry has as well. It’s still much lower than it was before the price bust of 2014, but industry players at least appear to have a more stable attitude about surviving in such an environment. The velocity and magnitude of the oil price volatility pushed the industry to shift focus from “chasing barrels” towards “chasing efficiency” to enhance value of the ultimate products. Undoubtedly, the modernisation of the industry, collaboration between oil operators, contractors, service providers and governments, and an increased focus on local content in running businesses have played an invaluable role in efficiency improvement and adaptation to new realities.
The conference theme will be explored further in the three keynote panel sessions - Modernisation, Localisation and Collaboration. In these sessions, you will hear from high-profile speakers and panellists drawn from government, operators, service providers, advisory firms, and energy research companies who will share experiences and help you get answers to the following questions: What will it take for the industry to leverage the accelerating and compounding capabilities of digital technologies, data analytics, autonomous systems and compute power? What has been achieved so far and what are the areas that need to be addressed to be able to move to the next level of successful “Localisation”? What are the effective ways of working together to save costs and create more value?
Twelve technical and several knowledge sharing poster sessions will encompass presentations across a range of topics, including New Drilling and Completion Technologies, Production Management and Optimisation, Sand Monitoring and Control, Reservoir Modelling and Management, EOR and Data Integration for Management to name a few. These presentations will offer the opportunity to share knowledge in an open and constructive environment.
This event will provide ample opportunity for you to meet and network with old and new colleagues, discover new technologies and insights into the industry, engage in debate, and share your experiences.
We look forward to seeing you in Baku this November.
Vice President Upstream
BP Azerbaijan-Georgia-Turkey Region