Past Events

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…

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…

  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.…

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…

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…

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…

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:  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,…