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CONTACT: Lee Lancaster (+1.972.952.9304,
llancaster@otcnet.org)
or Jennifer Patitz (+1.972.952.9321, jpatitz@otcnet.org)
RICHARDSON, Texas, U.S.A. (6 March 2003)–Three panel sessions
focus on hot topics in the offshore industry featuring high-level
speakers from around the world at this year’s Offshore Technology
Conference (OTC), scheduled 5-8 May at the Reliant Center in Houston.
“By providing a platform for discussions
about present landscapes and probable futures of important industry
issues, the panel discussions are an integral part of the OTC technical
program,” said Jerry Streeter, 2003 OTC Program Chair and
Vice President, Sales and Marketing at J.P. Kenny Inc. “These
three panel sessions and the two General Sessions provide the means
for attendees to participate directly in OTC.”
0930 – 1200 (9:30 a.m. – Noon), Tuesday, 6 May
Session Chairpersons: Art J. Schroeder Jr., CEO,
Energy Valley Inc. and David Archer, President and CEO, Petrotechnical
Open Software Corporation (POSC)
Speakers: Keith Millheim, Manager, Operations,
Anadarko Petroleum Corporation; Charles Cosad, Manager, Digital
Solutions, Schlumberger; John Willis, Vice President, Real-Time
Field, Halliburton; Steve Comstock, Vice President, Upstream Technical
Computing, ExxonMobil
Keynote Address: Grahaeme Henderson, Chief Information
Officer, Shell
Digital energy is being heralded as the solution
for delivering light, heat, and mobility to the world’s six
billion people in a cost-effective, safe, and environmentally friendly
manner. However, with the billions of dollars invested in infrastructure
and technology to prepare for Y2K and the billions more invested
in new IT systems as a result of mergers of the world’s largest
energy companies, it would seem logical that “digital energy”
would be a reality. While best practice examples of how to cost-effectively
use data to make accurate and timely decisions are starting to emerge,
there is still a gap between the realities of today and the future.
This panel presents best practices and addresses
issues such as:
- Data verification and quality control.
- Data integration, management, and access.
- Standardization and commonality of systems.
- Real-time, remote field monitoring and control.
- “Smart” fields and intelligent
wells.
- Workflow processes and decision analysis and
support.
1400 – 1630 (2 p.m. – 4:30 p.m.), Monday, 5 May
Panel Moderator: Ariel Cohen, The Heritage Foundation
Session Chairpersons: Carolyn Ritchie, Technip-Coflexip
and Tedd Streit, Energy Policy Specialist, U.S. Agency for International
Development.
Speakers: W. Calvin Kilgore, Director, Office of
Energy Markets and End Use, Energy Information Administration; Candy
Green, International Energy Officer, U.S. State Department; Nurlibek
Imanbavev, Managing Director, Offshore Projects, KazMuniGas; Amy
Jaffe, Senior Energy Advisor, Baker Institute; Thomas Knudson, Senior
Vice President, Government Affairs & Communications, ConocoPhillips;
Edward Morse, Executive Advisor, Hess Energy Trading Company
Emerging oil and gas resources in Russia and the
Caspian region are predicted to have a great impact on the future
of U.S. Energy Policy. In this session, experts in oil and gas development,
energy policy, diplomacy, and geopolitics present topics related
to their respective areas of expertise, including:
- Development of oil and gas resources
in Russia and the Caspian region.
- Future direction of U.S. Energy Policy.
- Attracting capital investment.
- Infrastructure development.
- Pipeline routes bringing Caspian resources
to market.
- Crude oil pricing and market volatility.
- Security and risk.
0930 – 1200 (9:30 a.m. – Noon), Monday, 5 May
Session Chairpersons: Art J. Schroeder Jr., CEO,
Energy Valley Inc. and Arthur Warga, University of Houston, Dean,
Bauer College of Business
Speakers: Satish Pai, Vice President, Schlumberger
Oilfield Technology; Elena Melchert, Offshore Technology Program
Manager, U.S. Department of Energy; Gerard Fries, Executive Vice
President, Institut Fracais du Petrole; Morten Wiencke, Executive
Director, Demo 2000 (Norway); Allen Parks, Senior Vice President,
CBIC Worldmarkets; Ricardo Rodriguez, Director of Investments, Shell
Technology Ventures Inc.
Keynote Speaker: Matt Simmons, CEO, Simmons International
For the past two decades, technology innovation
and applications have helped to significantly reduce the cost of
exploring and producing oil and gas, proving the value technology
can bring to the industry. However, industry structure and corporate
strategies that delivered these results have changed, budgets for
R&D have been slashed, experts have been redeployed, retired,
and laid-off, and the model for commercialization shifted heavily
to the service sector where these same issues are compounded. Overall
economics are depressed due to overlap in programs and protracted
product development cycle times where technology commercialization
work is being done.
The panel examines these issues and discusses
strategies and new models of cooperation to help fund and commercialize
technologies that can positively impact the E&P industry.
Founded in 1969, the Offshore Technology Conference
is the world’s foremost event for the development of offshore
resources in the fields of drilling, exploration, production and
environmental protection. OTC is held annually in May at Reliant
Center in Reliant Park, Houston. For more information, visit the
OTC Web site at www.OTCnet.org.
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