After San Antonio in 2007 and Lisbon in 2009, the third SPE Research & Development (R&D) Conference (now renamed Symposium) is coming back to Texas – along with oil prices returning to the levels of 2004-2007 and after the precipitous drop in 2008-2009.
Despite the current downturn in the global economy, macroeconomic factors favor the continued growth in the oil and gas industry over the next 2 decades. Global demand for energy will still grow, driven by economic growth in a number of rapidly developing nations, led by Brazil, Russia, China and India. Even with continued growth in alternative energy sources, the fact remains that the current demand for energy implies the majority of the world’s energy needs must be met by hydrocarbons over the next 2-3 decades. When one recognizes the decline rates in today’s existing oil and gas fields, and accounts for the increase in energy demand over the next 2 decades, one is led to the inescapable conclusion that advances in technology in the oil and gas industry are still essential to secure energy supplies for the entire world.
The charter of the SPE R&D Symposium has always been to provide a forum to acquaint the participants with the state of the art in science and technology research on the most pressing technological challenges faced by the industry. The 2011 symposium is no exception. After the Opening Session on “Trends in Research & Development - Where is the Money Being Spent Worldwide?”, the committee has chosen to focus the sessions on the industry five top challenges (as selected by the SPE R&D committee) with the addition of an environmental session.
The R&D Symposium will address these issues through presentations by a number of experts from universities, international organizations and companies. Symposium attendees will be given the opportunity to exchange and share ideas for the future of R&D in the oil and gas industry.
Rooms have been reserved for symposium attendees at the Barton Creek Resort. Contact the resort directly at +1.800.336.6158 to reserve your room at the negotiated rate of USD 189 per night plus taxes and a resort fee of USD 10 for the nights of 6–7 June 2011. The rate is offered 3 days pre- and post- symposium based on availability. You MUST identify yourself with group code SPERDC. After 11 May 2011, hotel reservations will be subjected to availability at the prevailing rate.
Following the symposium, all released presentations will be made available to attendees.
To remain consistent with symposium objectives and SPE guidelines, commercialism in presentations will not be permitted. Company logos should be used only to indicate the affiliation of the presenter(s).