WHO SHOULD ATTEND
Meet Senior Decision Makers From:
- US Oil & Gas Majors
- Leading Integrated Californian Oil Operators
- Independent Californian E&Ps
- Companies With Basin Acreage In California
- E&P Companies Seeking To Enter Californian Unconventional
- Conventional Operators Planning On Expanding Into Unconventional Areas
- Government Bodies
- Global Oil & Gas Investors
With The Following Job Titles:
Presidents, CEO, COOs, VPs, Directors, Managers, Team Leads & Chiefs Of:
- Reservoir Engineering
- Oil Recovery
- New Ventures
- Regulatory Affairs
- Government Affairs
- Completions Service Providers
- Hydraulic Fracturing Technology Providers
- Oil Recovery Technology Providers
- Directional Drilling Companies
- Engineering Companies
- Logging And Coring Service Providers
- Seismic Analysis Companies
- Geochemical Analysis Companies
- Frac Fluid & Proppant Suppliers
- Acid Suppliers
- Drilling Fluids Suppliers
- Down-hole Tools Suppliers
- Reservoir Engineering Companies
- Key Industry Laboratory & Analysis Firms
- Investment Firms
- Regulatory Bodies
- Environmental Consultants
- Legal Consultants
- Modelling Software Companies
- Water Treatment/Management Solution Providers
- Geological Surveys
- Research & Development Institutes & Universities
Tight Oil Reservoirs California 2013
The potential for Californian unconventional oil recovery is enormous. Research from the US Energy Information Administration has indicated that 64% of the total recoverable shale oil in the USA (15.4 billion barrels) can be found in California, meaning that the state could soon become the center of the unconventional oil and gas industry in America.
There are incredible possibilities. Yet a lot, both geologically and operationally, needs to be overcome for this potential to be realized.
The Monterey shale is a challenging proposition. Bestowed with geological properties both unique and perplexing thanks to the youthful rock and millennia of activity along the San Andreas Fault, the key to exploiting the formation to its full potential is yet to be found. However, it is coming ever closer and more and more operators are successfully tapping into California's prospects every year.
HOW TO EXPLOIT CALIFORNIAN TIGHT RESERVOIRS
There are doubts over which completion techniques to use. How will the rocks respond to fraccing? Should they be acidized? Is a combination of both most effective?
Operators also have to shape exploitation strategy on the knowledge that the Californian shales are not uniform. Some areas will react differently to others and choosing the right, or wrong, strategy can have a huge impact on project economics.
At the heart of it, is perhaps the biggest issue of all: California's unique regulatory environment. The current situation is challenging for both oil companies and regulators. Most companies involved in Californian oil can relate to a project gone awry due to the difficulty of having to simultaneously deal with a myriad of regulatory bodies. This needs to be addressed and resolved to ensure unconventional operations can go ahead as planned.
It is common knowledge that the potential of Californian unconventional is worth working for, and this is something recognized by the Second Annual Tight Oil Reservoirs California 2013. Issues unique to California can only be solved by focusing wholly upon California. This is what makes Tight Oil Reservoirs California so relevant and commercially valuable to attendees; it is the only initiative specializing in driving forward California's unconventional resource development.
Crucial matters such as finding sweet spots and identifying productive zones will be addressed, with studies and research offering concrete proof of what works and what doesn't. Various completions techniques will be analyzed and compared, providing greater certainty and introducing new recovery options. The regulatory issues will be explored, taking into account perspectives from participants on all sides to provide clarity, reduce confusion and ultimately speed up the approval process. The presence of regulators will allow for improved relations and communication between oil companies and regulatory bodies in order to enable them to work together in pursuit of smoother operations.
As the biggest gathering of unconventional exploration and production companies in California, there is no better opportunity for sharing ideas, meeting with suppliers and attracting investment.
Day one will review exceptional successes from companies that have overcome regulatory and technical difficulties to produce economically in California. Novel approaches in reviewing geological data and reservoir characterization are particularly noteworthy, and the latest practices in assessing geochemistry, fracture networks and petrophysics will be covered in great depth to improve understanding of the complicated California shales and improve the likelihood of finding the sweet spot.
Day two will compare an array of completion techniques showing if acidizing or fracing (or something else!) is most suited to the California shale. The latest issues pertaining to drilling in California will be covered in detail to show how to improve casing designs and other vital drilling techniques will be assessed. The production of diatomite in California shows great promise, and the latest techniques and applications to identify optimum steam cycle volumes and produce without causing surface expressions will be presented. Each of the pressing regulatory areas will be covered, with separate sessions on water management, fracing regulations, permitting and working alongside regulators to improve certainty and build better working relationships between oil companies and regulatory bodies.
It has often been noted that the remarkable potential of the California shale has been somewhat overlooked. This is no longer the case, and Tight Oil Reservoirs California 2013 will offer the greatest insight and expertise on how to be successful in this exciting area.
'Enjoyed the networking and offline discussions'
For the tremendous potential of Californian shale to be fully realized...
...there remain a lot of geological, completions-related and regulatory challenges that need to be overcome. While no single company can hope to have the answer for everything, there is enough activity, early production results, capital and intent across the industry to drive forward the successful exploitation of the Monterey, Kreyenhagen and wider San Joaquin, Santa Maria and LA Basins.
By bringing Californian exploration and production companies together, the 2nd Annual Tight Oil Reservoirs California 2013 will be the ideal forum for the exchange and sharing of vital exploration and production data that will lead to improved reservoir characterization and completions in California. Every speaker is innovating and improving in incredible ways in their own unique exploration and completions strategy and they will offer practical solutions to all manner of geological, engineering and regulatory issues. The congress this year will be covering the following key topics:
- PRODUCTION RESULTS: Discovering where companies are seeing exceptional recovery rates to pinpoint the most productive unconventional oil reservoirs in California
- FINDING SWEET SPOTS: Studying reservoir data to find which geological scenarios have lead to maximum oil generation in California's tight oil basins
- GEOMECHANICS: Mapping natural fractures and scrutinizing rock mechanics to predict how the rock will respond to stimulation
- ACID VS FRACS: Using the latest well performance data to determine whether acid stimulation or fracing is the most consistent method of well stimulation
- PERMIT APPROVAL: How to manage the multi-faceted permitting process for drilling and fracing to prevent operational delays and ensure completions programs start on time
- ENVIRONMENTAL REGULATIONS: Improving the dialogue on environmental issues and considering the effects of the AB32 agenda on oil production in California