Monday 8 March, 0900–1200

Crystal Ballroom

Welcome and Introductions:

Nick Duane, BASA Resources

Plenary Session: Global Volatility: Surviving and Thriving
How Volatility in the Global Projects Market Affects the Petroleum Industry

Moderators: Delores Hinkle, Marathon Oil; Paul Worthington, GCA

Panelists: Ed Merrow, Independent Project Analysis; John Lee, Texas A&M University; R.L. George, Gaffney, Cline & Associates; Timothy Klett, USGS; Martin Hubbig, RWE

Keynote Luncheon:

Michael Lynch-Bell, Ernst and Young

1330–1630

Crystal Ballroom

RESERVES, RISK, AND UNCERTAINTY

Session Chairpersons: John Ernest Ritter, Occidental; Wim Swinkels, Shell

1330

129689

The Demonstration of a Reliable Technology for Estimating Oil and Gas Reserves
R.E. Sidle, Shell; W.J. Lee, Texas A&M University

1355

130158

Reserves Maturation: Integrating Reserves Management Into Corporate Planning
R.D. MacDonald, Schlumberger

1420

129566

A Method For Integrating Response Surfaces Into Optimization Models With Real Options: A Case in Gas Flooding
S. Purwar, Halliburton; C.J. Jablonowski, Q.P. Nguyen, University of Texas at Austin

1515

130104

Risk, Reward, Metrics, and Volatility
R.R. Schulz, Schulz Consulting

1540

130157

A New Approach to Uncertainty Quantification for Decision Making
R.B. Bratvold, University of Stavanger; S.H. Begg, University of Adelaide; S. Rasheva, University of Stavanger

1605

129688

An Update on the Use of Reservoir Analogs for the Estimation of Oil and Gas Reserves    R.E. Sidle, Shell; W.J. Lee, Texas A&M University

1630–1730

Crystal Ballroom

ePoster Presentations: SURVIVING AND THRIVING IN A VOLATILE WORLD

Session Chairpersons: Carlton Karlik, Independent Project Analysis; Eddie Rhea, Foundation Energy

1630

130172

Exploration and Production Portfolio Optimization: How to Decrease Risk and Increase Return
M. Cronshaw, Gustavson Associates

1630

129723

Economic Evaluation Within the Scope of the Field Development and Application of the Gas-Assisted Gravity Drainage (GAGD) Process in an Actual Northern Louisiana Field    W.R. Paidin, P. Mwangi, D.N. Rao, Lousiana State University

1645

129209

Study on the Potential Risk Appraisal Method in Polymer Flooding   
H. Zhao, J. Hou, F. Luo, China University of Petroleum; X. Zhang, CNOOC Research Center; L. Cao, China Petroleum and Chemical 

1645

127833

Relationship Matrix: Discovering New Business in Difficult Times   
D. Sinha, Unme World

1700

130185

Case Study:  Resource Play Risked Evaluation Approach for the Full Life Development of a South Texas Opportunity   
K. Kechemir, Swift Energy, P.A. Tyler, Enersight

Tuesday 9 March, 0830–1155

Crystal Ballroom

ECONOMICS AND RESERVOIR MANAGEMENT

Session Chairpersons: Gerald Born, Hess; Elizabeth DeStephens, Ryder Scott

0830

130161

Win-Win Upstream Fiscal Systems: What They Are, and How to Achieve Them
F. Demirmen, Consultant

0855

130127

Designing Efficient Fiscal Systems
M.A. Mian, Saudi Aramco

0920

130141

Bid Optimization With Monte Carlo Simulation
J.R. Schuyler, OGCI PetroSkills

0945

130160

Historic Considerations for Company Defence Valuations for Petroleum Assets
K. Jibunoh, Fugro-Robertson

1040

130146

Reservoir Management in Unconventional Reservoirs
M.U. Khan, J.G. Callard, University of Oklahoma

1105

130156

North Sea Dominos: The Economic Dependency of Ageing Infrastructure Assets and Their User Fields
B.J. Willigers, K. Prendergast, Z. Muslumov, Palantir Economic Solutions

1330–1615

Crystal Ballroom

MARKET GROWTH FACTORS

Session Chairpersons: Diana Ball, Sewell and Associates; Keith Troutman, Anadarko

1330

130172

Exploration and Production Portfolio Optimization: How to Decrease Risk and Increase Return
M. Cronshaw, Gustavson Associates

1355

130174

Reconcile Reserves More Efficiently With Continuous Reserves Management   
T.R. Loser, B. Russell, Energy Navigator

1420

130196

Quantifying the Uncertainty in Estimates of World Conventional Oil Resources   
D.A. McVay, C. Tien, Texas A&M University

1505

130214

The Impact of Unconventional Natural Gas on Portfolio-Management Strategy
H. Wilczynski, M. Ashraf, Schlumberger

1520

130089

A Survey of Stranded Gas Resources and Estimates of Development and Production Costs    E.D. Attanasi, P. Freeman, U.S. Geological Survey

1555

129259

Creating Efficient Portfolios That Match to Competing Corporate Strategies
B.J. Willigers, F. Majou, Palantir Economic Solutions

1620

Closing – Nick Duane