Opening Plenary Session: What is the Future of Reservoir Simulation and Modeling in the Evolving Energy Landscape?
Tuesday, 28 March | 1030 - 1215 | Grand Ballroom B
The energy industry is undergoing a transition, where the ability to provide reliable resources for the world economy combines with the target of achieving net zero emissions within few decades. The key objective of oil & gas asset developments, from unconventional to enhanced oil recovery, will be to create the capability to minimize greenhouse gas emissions. At the same time, CO2 sequestration will become a new critical activity for many, if not most, of the oil and gas companies, and many of them are already largely investing significant resources in pilot and demonstration projects. On the other hand, technologies matured in the oil & gas industry may be effectively used to scale up geothermal energy production and storage. The panel discussion will address the expected transformation of our industry with the ambition of highlighting the demand that reservoir simulation and computational modeling science should meet to provide tools, solutions, and competencies suitable for the ongoing energy industry evolution.