Can natural gas become the first primary energy source?
Kamel Bennaceur – Chief Economist – Schlumberger
The last decade has witnessed major changes in the world energy scene. Coal increased its share of the primary energy supply to 27%, mainly driven by increased demand from growing Asian economies. The increase in coal use, which, in the absence of significant carbon abatement policies, puts it in track to be the first primary energy source by 2035, according to the International Energy Agency, even passing oil, with unsustainable levels of greenhouse gas emissions. An alternative to coal for power generation is from natural gas, which has seen a major growth driven by the expansion of LNG, and the commercial development of North American unconventional gas. With less than half of the CO2 emissions compared to coal, natural gas could become a “destination fuel”, instead of a transition fuel, this century.
The presentation addresses the conditions of development of natural gas beyond its current production basins, and the scenarios for its growth in the next four decades. Unconventional gas has the potential to expand reserves-to-production ratios from 60 years to more than a century, with a wider distribution of production sources. The development of such resources, as well as conventional but sour gas gas, presents a number of environmental challenges. Technologies and processes that may address such challenges will be discussed.
Kamel Bennaceur is the Schlumberger Chief Economist, based in Paris, responsible for developing the company strategic and macro-economic outlook. He also leads programs in sustainable energy and oil and gas supply and demand. He has over 30 years worldwide experience in the energy sector starting in 1980 with R&D project and program management in the oil and gas sector in France, USA and United Kingdom. He then managed operations in Africa, Latin America and the Middle East. He was appointed as Worldwide Marketing Manager for Schlumberger Well Services in Houston in 1999, before managing the technology group with the Schlumberger Integrated Project Management business line in London in 2001. In 2003, he started the Schlumberger CO2 group, which became a new business segment. In 2006, he was seconded to the International Energy Agency (IEA) in Paris where he was responsible for sector-wide energy perspectives at different time frames. He was one of the lead authors of the World Energy Outlook in 2007 and 2008, and of the 2008 Energy Technology Perspectives.
Dr. Bennaceur serves on the Society of Petroleum Engineers Board of Directors, as well as several other energy-related organizations. In 2006, he received the SPE Distinguished Member Award, and was appointed as a Distinguished Lecturer for the Society on energy perspectives and carbon management. He has co-authored seven books and more than 120 technical papers. He is a frequent keynote speaker and panel chair at major energy events, and has served as conference chairperson for industry events around the world. He is a graduate of the Ecole Polytechnique in France, and Ecole Normale Superieure (Paris) with an Agregation of Mathematics.
Join the SPE Drilling Systems Automation Technical Section (DSATS) for a half-day interactive panel discussion on these and related topics. The event will be held in conjunction with the SPE Annual Technical Conference and Exhibition on Sunday, 30th October, from 1:30 to 5:00 p.m. (MDT) at the Colorado Convention Center in Denver, Colorado. Continue reading
The Society of Petroleum Engineers (SPE), together with the Webinar Steering Committee (volunteers from the 2010 SPE Intelligent Energy Programme Committee) will be inviting several authors to participate in live webinars every month. The webinars are free and provide an insight into what will be presented at Intelligent Energy 2012. Continue reading
Join us in congratulating the 2011 SPE International Award recipients! The SPE Board of Directors approved the 2011 International Award recipients at their recent meeting. Fifteen international award committees recommended these winners to the board because of their outstanding and significant technical, professional, and service contributions to SPE and the petroleum industry. The winners were chosen from a pool of first-rate candidates. SPE President Alain Labastie will present the awards to the winners at ATCE in Denver.
CONTACT: Margaret Watson (+1.972.952.9304 or email@example.com)
RICHARDSON, Texas, U.S.A. (27 June 2011) – The Society of Petroleum Engineers (SPE) has named Egbert Imomoh of Afren as its 2013 president. Imomoh will take office as president-elect on 2 November 2011 at the close of SPE’s Annual Technical Conference and Exhibition in Denver, Colorado, USA. Continue reading
Development of a Saline Reservoir Carbon Sequestration
Demonstration Project at Decatur, IL USA
Monday, 16 May from 8:30 – 10:00 a.m. CDT
Find out more and Register now!
Carbon Capture and Storage (CCS), also known as geologic sequestration, is the isolation of carbon dioxide (CO2) from the earth’s atmosphere. CCS may play a significant role in the reduction of greenhouse gas emissions. To further the implementation of this technology, demonstration projects are underway around the world. The U.S. Department of Energy’s National Energy Technology Laboratory (DOE-NETL) funds seven regional partnerships to conduct geologic sequestration research throughout the United States. The Midwest Geological Sequestration Consortium (MGSC), lead by the geological surveys of Illinois, Indiana, and Kentucky was formed in 2003 to research geologic storage potential in coal seams, mature oil fields, and deep saline reservoirs.
Dr. Robert J. Finley will present a webseminar on the MGSC geologic sequestration program focusing on the Illinois Basin – Decatur Project (IBDP), a one million tonne deep saline reservoir storage project in Decatur, Illinois. The IBDP will begin injection of CO2 at a rate of 1,000 tonnes per day starting in September 2011. This presentation covers all aspects of developing a deep saline sequestration project from site characterization through geophysical and geochemical monitoring techniques, modeling, well construction and drilling, and much more.
Experts on the “Out of the Box: LACPEC Looks Into the Future” panel proposed scenarios for accelerating the exploration and development of hydrocarbon resources, maximizing the value of the oil and gas assets. In addition to technical issues, the panelists addressed the contribution of the oil & gas operations for a sustained economic and social growing of Latin American & Caribbean Countries. Continue reading
CONTACT: Margaret Watson (+1.972.952.9304 or firstname.lastname@example.org)
RICHARDSON, Texas (3 February 2011) – SPE’s total global membership grew to a record 97,100 oil and gas professionals in 118 countries as of 31 December 2010, up 5% from 92,100 members in 2009. SPE membership has grown 40 % since 2005.
CONTACT: Margaret Watson (+1.972.952.9304 or email@example.com)
RICHARDSON, Texas, U.S.A. (26 January 2011) – The Society of Petroleum Engineers (SPE) announced today that it is donating US $5,000 to the Brazilian Red Cross (Cruz Vermelha Brasileira) to assist in relief and recovery efforts in the areas of Brazil affected by recent landslides and floods. Continue reading
Papers from the annual conferences of the International Society of Rock Mechanics (ISRM) are now available in OnePetro. Content from the US Dept. of Energy’s National Energy Technology Laboratory (NETL) has been indexed into OnePetro. When NETL content is found, an Open Access link direct customers to the PDF available at no charge on the NETL site. Continue reading