SPE Forum Series
The Next Chapter in Unconventionals - Learning from the Past and Opportunities for the Future
About the Series
The current era of unconventionals reflects the industry’s opportunistic development mode, with the increasing focus on cash flow overgrowth. The journey started more than 15 years ago with technology that enabled the production and development of reservoirs once thought unrecoverable. Reserve was king and capital was easy to access.
It has been a steep learning curve for the industry while growing production from 5 MM barrels per day to about 13 MM barrels per day and drilling about 200,000 horizontal wells across several basins.
As technology and knowledge improved over the years, the definition of risk and opportunity in each unconventional play has undergone various phases. While each basin has unique characteristics, each operator has developed their assets, depending on factors such as their financial goals, scale of business, technical/operational experience, technology adaptation, regulatory requirements, landowner rights, surface/access limitations, and infrastructure needs, while continuously adapting to commodity market and investor expectations.
The series will focus on individual basins such as Eagle Ford, Bakken, Haynesville, Midland, Marcellus and Delaware
Some approached asset development holistically, considering all moving parts upfront from subsurface to surface, and from surface to market (investing in growth). Others built and learned as they developed and grew their activities, realizing timing of information but lacking scale of economics. This limitation resulted in having different key performance indicator (KPI) metrics for each operator and made it hard to measure the return on billions of dollars of capital spent.
Fast-forward to today. We have common challenges ahead of us – still trying to improve well performance, optimize development, reduce cost and eventually maximize returns.
The objective of this Forum Series is to focus on each basin individually, and provide a platform to bring key players across the sectors together to
- Exchange knowledge on what we did, why we did it, and what worked and did not work.
- Collaborate on how we can use these learnings to be better prepared for the next phase of the unconventional journey.
Who Would Attend?
- Managers
- Asset Developers
- Technical Directors
Forum Series Calendar
The Next Chapter in the Midland Basin – Learning from the Past and Opportunities for the Future
Virtual Forum | 3, 5, 10, 12 Aug 2021 | Four 4-hour sessions, occurring in the afternoon (CDT)
This SPE forum is for management and team members focused on exploiting the Midland Basin
The Next Chapter in the Eagle Ford - Learning from the Past and Opportunities for the Future
Virtual Forum | 16, 18, 23, 25 Aug 2021 | Four 4-hour sessions, occurring in the afternoon (CDT)
Join us as we discuss the next chapter in the Eagle Ford story, looking at the key challenges of how to extract the massive amount of oil and gas remaining in this generous reservoir and how to innovate and optimize development decisions to be able to compete in a low-cost environment.
The Next Chapter in the Bakken - Learning from the Past and Opportunities for the Future
Virtual Forum | 17, 19, 24, 26 Aug 2021 | Four 4-hour sessions, occurring in the afternoon (CDT)
This Forum will focus on how the Bakken play has evolved, is currently managed, and the potential for future development. The objective of the Forum is to review and discuss the evolution of this play over the last decade, the status of operating practices today, and explore innovative ways to optimize the operations and economic benefits.
The Next Chapter in the Delaware Basin – Learning from the Past and Opportunities for the Future
Virtual Forum | 31 Aug and 2, 7, 9 Sept 2021 | Four 4-hour sessions, occurring in the afternoon (CDT)
This SPE forum is for management and team members focused on exploiting the Delaware Basin
Haynesville Basin, the Next Chapter in Unconventionals - Learning from the Past and Opportunities for the Future
Virtual Forum | 26, 28 Oct and 2, 4 Nov 2021 | Four 4-hour sessions, occurring in the afternoon (CDT)
Join us as we bring key Haynesville Shale players together to exchange knowledge on what we did, why we did it, and what worked and did not work; and collaborate on how we can use such learnings to be better prepared for the next phase Haynesville Shale development
Marcellus, the Next Chapter in Unconventionals - Learning from the Past and Opportunities for the Future
Virtual Forum | TBC
Details for the content of this Forum are currently being finalized. Please check back as more information becomes available