Past Events

ABSTRACT: Our industry is facing mounting pressure from all sides to decarbonize. Regulations are getting tougher in response to public pressure and investors are pulling capital out of the oil and gas industry over concerns that assets may be left in the ground stranded. Natural gas has been touted as the transition fuel to net zero. However, because of the methane emitted in the production and distribution process, some believe that it is dirtier than coal and cannot play this role. We have to act now or our industry will be viewed adversely and collectively we will make poor energy decisions for our planet. Technology that is able to detect…

Biography: Darren is the Project Director at CTSCo.  CTSCo is the proponent for a Surat Basin carbon capture and storage project seeking to reduce emissions from power generation in Queensland. Darren has over 22 years of oil and gas exploration, development and operations experience including previous executive roles with Senex Energy and the drilling and energy services companies Easternwell and High Arctic Energy Services.  Darren holds a Bachelor of Mechanical Engineering degree from the Queensland University of Technology and is a Chartered Engineer and Engineering Executive with Engineers Australia. Topic Summary:   CTSCo’s Surat Basin Carbon Capture and Storage Project The objective of the Surat Basin carbon capture and storage (CCS) project is…

Biography: Mark Stone is the Chief Executive Officer of Resources Safety and Health Queensland, the independent regulator of safety and health in the explosives, mining, quarrying and petroleum sector. Before joining the Queensland Government in 2014, he spent 20 years in the international oil and gas industry, in upstream technical and leadership roles. For most of that time he has been a member of the SPE, serving on global and regional committees. Mark holds a master’s degree in Petroleum Engineering and is a Fellow of the Institute of Engineers Australia.   Summary: RSHQ’s vision is zero serious harm across the state’s resources sector. Our mission is to regulate, educate and…

River Room, Customs House from 5.00pm Limited Early Bird Tickets: members $50 / non-members $60. Full Price $80 pp Includes a selection of Wine, Beer & Canapés 3 hour Beverage Package

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…