Presented by: 

Andrew Murdoch – Managing Director Arche Energy

“The last few months on the national electricity market gave us a taste of what energy supply restrictions feel like. In this presentation, Andrew Murdoch unpacks some of the events, their causes and some of the reactions. We’ll work through some hot topics such as capacity markets, gas reservation policies, level of competition, government intervention, moratoria on gas exploration and green tape risk and then look at some simple fixes that might have avoided some of the hysteria”.

Biography

Andrew has been operating in technical-commercial roles in the Queensland NEM Zone since it was first founded over 20 years ago. In 2017, he founded Arche Energy to provide a high-quality clean energy, power and infrastructure consultancy to facilitate investment in the clean energy sector. He is an experienced general manager, project director and engineer operating in renewable power, power generation, energy, ports and heavy infrastructure.

His experience spans business development activities, major approvals, project execution, operations and maintenance and decommissioning. Andrew is an innovator and optimiser thriving in changing environments through the adaptation and integration of emerging and innovative technologies into business applications.

Key experience includes:

• Founder, New England Link
• Lead Developer, Lockyer Energy Project
• Technical Director, CopperString 2.0
• Technical Advisor, Galilee Power Project
• Project Manager, Expansion, Wiggins Island Coal Export Terminal
• Project Manager, Construction, Braemar Power Project, OCGT
• Project Manager, Owner’s Engineer, Construction, Condamine Power Project, CCGT

Independent Engineer, Construction, Newman Power Plant Expansion

Reservoir Engineering Special Interest Group

Presenter:  Gerardo Guillen Falcon, Senior Reservoir Engineer, Santos

Flowing Material Balance and Decline Curve Analysis: A Hybrid Approach for Better EUR and Decline Profile Predictions for CSG Wells

Presented by: Barbara Pribyl

Abstract

This talk will discuss the current state of the principal resource classification and management systems and thoughts on their future direction. These systems include the SPE Petroleum Resource Management System (PRMS) and Storage Resources Management System (SRMS), the United Nations Framework Classification for resources (UNFC) and the evolving United Nations Resource Management System (UNRMS). Specifically, how they apply to the broader energy and storage sector to facilitate informed and reliable policy and investment decisions.

The last few years has seen improvement in the market fundamentals for the petroleum industry and merger and acquisition activity has increased. However, market volatility and project investment trepidation are expected to continue as the world adjusts to the ‘new normal’ of the societal, environmental, and economic impact of living with COVID, geopolitics and the challenge of maintaining our standard of living and a healthy planet. Governments and organisations around the world are announcing net-zero emission targets and other policy initiatives for reaching sustainable development goals. These targets have broad implications for the energy sector. Pressure to address environmental, social, and corporate governance (ESG) issues increasingly impacts the commercial viability of projects and their corresponding chance of development.  Moreover, the industry will need to demonstrate they are developing in sustainable manner and provide credible, measurable, and transparent data to maintain legitimacy.

Biography

Barbara and has over 30 years experience as a geologist, managing reserves and resources and advisory in the international energy industry and developed insights of key projects and geological basins across onshore Australia and Asia-Pacific. This experience has included management roles at Santos and Arrow Energy. Her professional focus has been on resource advisory in resource classification, management and reporting, project assurance, developing guidelines and training and the co-ordination of reserve reviews and audits. She is the Chair of the Society of Petroleum Engineers (SPE) Journal of Petroleum Technology Editorial Board, a prior member of the SPE Oil and Gas Reserves Committee (OGRC) 2014-2018, member of the OGRC Examples Subcommittee and Chair of the Petroleum Working Group (PWG) of the United Nations Economic Commission for Europe (UNECE) Expert Group on Resource Management (EGRM). Barbara is also a Vincent Fairfax Fellow in Ethical Leadership.

Abstract

Over the last decade, laboratory research and modelling have shown the benefits of the application of GPI to keep pre-existing natural fractures and induced fractures open during production. The purpose of this talk is to summarise key findings of the NERA Project “Converting tight contingent CSG resources: Application of graded particle injection in CSG stimulation”.  Recent laboratory studies have provided insights on the potential mechanisms and key factors, including proppant size and optimum concentration, that contributing to the success of a micro-proppant placement.  Accompanying numerical modelling studies will be presented that describe the likely fluidized behaviour of micro-proppants (e.g., straining models, DLVO effects, and screen out prediction) as well as the potential benefit under varying conditions (e.g., vertical well, horizontal well mult-stage, indirect, etc.) This talk will outline the necessary fluid, treatment design considerations, and numerical modelling design inputs necessary to achieve practical results relative to this study.  

Biography

Prof Raymond Johnson Jr. is currently Professor of Well Engineering and Energi Simulation Co-chair in the University of Queensland, Centre for Natural Gas. Prof Johnson’s 41 years of petroleum engineering and management experience has focused on integrating elements of reservoir engineering, geomechanics and hydraulic fracturing to improving appraisal and development strategies for unconventional resources such as gas from coal as well as oil and gas from shales and naturally fractured reservoirs.

Prof Johnson is a Life Member of the Society of Petroleum Engineers (SPE), past Queensland SPE Section chair, twice co-Chair of the SPE Unconventional Reservoir Conference Asia Pacific, 2019 co-Chair and 2021 Advisor of the URTeC Asia Pacific Conference, and twice SPE Regional Technical Award Recipient (Production Operations 2011 and Management and Information 2017).  Prof Johnson has recently been admitted and recognised as a Fellow in Engineers Australia.

Ian Phillips

Pale Blue Dot Energy Limited

Abstract: 

This presentation considers the future of the oil and gas industry from two perspectives.

The first half paints a picture of an industry in extremely good health and with an exciting future – global population continues to grow and individuals’ standard of living continues to rise – so demand for energy is growing steadily. Despite this growing demand, global proven reserves have risen as technology improves. In addition, we know where there is a lot more oil and gas in deposits that are currently uneconomic, but a small increase in the oil price would make these “proven reserves.” In a nutshell, the industry might have a bright future.

The second half presents the significant obstacle: summarizing the science of climate change and considering what happened when temperature rose this high in the past. The emerging alternatives, renewables, energy efficiency, and some dramatic scientific advances in “clean hydrocarbons,” will also be reviewed.

The presentation closes with an assessment of the impact of these competing forces on the oil and gas industry, the developed world, and the human race.

Biography: 

Ian Phillips has over 30 years of experience in the upstream oil and gas industry with operators and service companies.

In 2007 he became a founding Director of CO2DeepStore Limited – now Pale Blue Dot Energy Limited – the first company specifically seeking to deliver CCS as a service. 

He holds an M.Sc. in Petroleum Engineering from Heriot Watt University and an MBA. He is also a Fellow of the UK Energy Institute and is a Chartered Petroleum Engineer. 

He recently completed 4 years as chair of the SPE Aberdeen Section and was previously  North Sea Regional Director on the SPEI Board. He is an SPE Distinguished Member.

 

Our Purpose:

The Production Engineering Special Interest Group is primarily an informal learning, discussion and networking group for members to communicate ideas and solutions to one another.

SPE QLD Production Engineering Special Interest Group along with our event sponsor Pro-Test Well Services, are excited to showcase their next event “Bottom Hole Pressure Technology & Innovation”. The format of the event will consist of 3 guest speakers (bio’s below). Each speaker will have the opportunity to showcase their latest technology and innovation and the attendees will have the opportunity to ask questions in return. Toward the end of the event all parties will come together for a moderated joint discussion. There will be an opportunity for networking before and after the event. 

Event Details:

 Location (SEE LINK) – The Depot, Ground Floor 135 Coronation Drive

• https://goo.gl/maps/ewnmd8TufEr1eVz8A
• Enter building and proceed to event room next to lifts.

Date/Time – 12^th May – 7:30am to 10:30am

Ticket Cost – $10*

*Ticket cost includes a $10 voucher for food and beverage

For more information, please contact Jackson Searle (Origin Energy Production Engineer): 0488014960 | jackson.searle@origin.com.au

Speakers:

Scott Adam – Pro-Test Well Services

Scott Adam is the Engineering Manager at Pro-Test Well Services, a company dedicated to providing reliable service and innovation to the Oil and Gas Sector. With over 25 years in both the Oil and Gas and Mining Industries, Scott has extensive experience developing new drilling and completions technologies.  Scott is known for developing targeted, effective innovation strategies and applying them to deliver step change outcomes for industry. In previous roles he has been involved in technology start-ups and managed programs of applied research. Scott lives with his family in Brisbane.

https://www.linkedin.com/in/scott-adam-31954a12/

Sam Bost – Machine Learning SIG

Sam is the Managing Director at SIG Machine Learning Pty Ltd., an engineering led A.I. technology start-up based in Brisbane, Australia. With a background in Petroleum Engineering, Sam has actively developed Machine Learning (ML) solutions across CSG D&C, Production and Reservoir Engineering domains. After taking out international data science competitions across multiple industries, Sam has been managing SIG ML full-time since early 2021. Currently, SIG ML is focussed on the deployment of multivariable A.I.-augmented supervisory control algorithms for CSG well optimisation and turndown management. Sam looks forward to presenting on the SmartPCPTM wellsite control solution and the broader opportunity to apply advanced analytics to drive safer, smarter, simpler ways of working.

https://www.linkedin.com/in/samuelbost/

Quentin Morgan – QTEQ

Quentin Morgan has 39 years’ experience at both small and major international oilfield services companies. After several years in various field positions in the North Sea, he spent 13 years at Expro Group in operational and management roles helping to establish new geomarkets for various product lines, and a further four years managing the company’s R&D team. Quentin then spent 10 years at Weatherford, first as a product line manager covering Middle East & North Africa, then as a technical director with a global remit to commercialise new well completion and monitoring technologies. Quentin was appointed CTO of Qteq’s forerunner in Queensland at the end of 2011 and currently manages development and commercialisation of new technologies across Energy, Mining and Water industries. He holds a BSc in Nuclear Physics and an MSc in Petroleum Engineering.

https://www.linkedin.com/in/quentin-morgan-807b4813/

Geoff Salter

RISC Advisory

Abstract:

Global upstream transactions are estimated at $150 bn in 2019. Production/cost forecasts and assessment of future opportunities/risks are crucial inputs to the economic evaluation of a potential acquisition. It follows that potential buyers need to conduct technical due diligence on these inputs. In times of volatile oil and gas prices, good technical due diligence can be the difference between a good and a bad deal.

Petroleum engineers are often called upon to join acquisition teams. With typically a few days/weeks of evaluation time, technical due diligence requires considerable focus and a fundamentally different approach to the typical industry workflow. Yet, there are no industry courses on this subject and a OnePetro search reveals the last paper was 30 years ago.

This talk highlights how a Petroleum Engineer should approach working in an upstream acquisitions team and illustrates practical methods for conducting technical due diligence. A ‘top down’ process that starts with identifying what drives value is proposed. Several case studies are presented showing how good technical due diligence has had a fundamental impact on acquisition decisions.

The key thing I would like people to take away is that technical due diligence requires a very different approach from the Petroleum Engineer’s ‘day job’.

Biography:

Geoff Salter is a Partner at RISC Advisory specializing in Reservoir Engineering. He holds an MSc in Petroleum Engineering. His early industry experience was focused on field development and production operations with major operators Shell and Woodside. During his nearly 25 years at RISC Advisory based in London or Perth, he has led technical due diligence teams on oil and gas acquisition opportunities in the Asia-Pacific region, Europe, Middle East and Africa. He has travelled extensively throughout these regions, presented at industry conferences and participated in SPE ATWs.

Peter Nigel Cameron

Energy Markets Global Limited, UK

Abstract:

The global Liquefied Natural Gas (LNG) industry is going through disruptive transformation. This term is often heard but one we can now see applied to a large capital intensive industry. For decades, the LNG business had been traditional, cosy, conservative and uncompetitive, with a few large players, opaque and rigid.

We consider the drivers that make an industry change, particularly an energy industry and the characteristics of energy markets. We find that LNG meets the criteria of an industry ready for change. Three key factors drive transformation, namely an industry wide crisis, action to enable the business environment and then the market developing by itself.

Drivers for LNG change include technological (FSRU, FLNG, supersized ships, Mini-LNG, bunkering) and commercial (global LNG oversupply, regulatory, new demand and supply centres, new business models, new players, new trading patterns). Any of these can provide an industry crisis but among the most important is the entry of the USA, set to become the world’s marginal LNG supplier (which sets the price) and also largest supplier, with different business models. The combined effects are transformational.

Change is continuing, with the growing influence of the USA, LNG hubs, bunkering and mini LNG. The sleepy traditional LNG world is changing and will continue to do so. Coronavirus has a large impact but the LNG world was already transforming.

Members should consider what further disruption will come. They should also identify additional value in gas from previously stranded supplies and demand which can now be opened up.

Biography:

Mr Peter Cameron is Founder and Managing Director of Energy Markets Global, a UK based international energy markets consultancy. He is also lecturer in Business Strategy for Middlesex University (UK) Oil and Gas MBA.

Peter advises governments and companies globally on the economic and commercial aspects of gas markets. He has over 25 years of worldwide project experience (long and short term). He was Chairman of the International Services Board of the Society of British Gas Industries and represented the British Government on the gas sector worldwide. Previously, Peter was Corporate Strategist and Planner for British Gas (now Shell).