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This SPE forum was for management and team members focused on exploiting the Midland Basin

 

The current era in unconventionals reflects the industry’s opportunistic development mode with the increasing focus on cash flow over-growth. The journey started more than 15 years ago with technology enablement to produce and develop reservoirs once thought not recoverable – reserves were king, and capital was easy to access.  It has been a steep learning curve for the industry while growing production from 5 to about 13 MM barrels per day and drilling roughly 200,000 horizontal wells across several basins. 

 

Estimates from the United States Geological Survey (USGS) for the Midland Basin support a potential in-place oil volume in excess of 20 billion barrels.   This is a staggering amount of oil for Industry to target, whose production will provide accessible energy for decades to come.

This SPE forum wasfor management and team members focused on exploiting the Midland Basin. Session 1 focused on topics around learning from the past developments. Session 2 touched on topics related to the existing wells. Session 3 covered future well development while the last session covered the future and future options.


Who should attend?


Professionals and Management working in the Midland Asset

  • Managers
  • Engineers
  • Geoscientists

Team Members involved in Midland Development

  • Asset development
  • Reservoir Engineering
  • Drilling and Completions
  • Production Engineering
  • Facility Engineering
  • Reservoir Characterization

Other stakeholders in the future of the Midland Basin

  • Technology leaders
  • Contractors and Service providers