SPE Members in Transition Seminar #14

Speaker #1 Name:  Svetlana Ikonnikova

Speaker Title: Research Scientist and Senior Energy Economist

Speaker #1 Company:   Bureau of Economic Geology at The University of Texas at Austin

Speaker #1 Bio: 

Dr. Svetlana Ikonnikova is a Research Scientist and Senior Energy Economist in the Bureau of Economic Geology at The University of Texas at Austin. She received B.Sc. and M.S. degrees in applied mathematics and physics (Moscow Institute of Physics and Technology, Russia), a Ph.D. in economics and management science (Humboldt University of Berlin, Germany) and did her postdoctoral research in energy and environmental regulation (Catholic University of Leuven, Belgium). Over the past fifteen years, she has been conducting research and lecturing on energy markets and energy industry developments, focusing on the electric power industry and renewable energy sustainability, natural gas supply, liquefied natural gas trade and shale gas economics in the U.S., EU, and FSU. Dr. Ikonnikova was a co-Principle Investigator and a lead modeler in the multi-year inter-disciplinary study of many major U.S. shale gas and oil plays, including the Barnett, Fayetteville, Haynesville, Marcellus, Eagle Ford, and Bakken plays, focusing on resource and production evaluation, with the goal to build the future production outlooks for each play.  At present, she leads a project aiming to update the past shale gas development projections and a co-leads a multi-year resource assessment of the Permian Basin.

Event Description/Presentation Abstract: The Impact of U.S. Shale Resources on Global Energy

The global energy mix has been transitioning away from the foundational energies of oil as feedstock for transportation fuels and coal as fuel for electricity generation. Until recently, the U.S. energy portfolio was facing a less certain supply and price future, but shale resource have impacted that significantly. Rapid acceleration of shale-gas production led to a collapse in natural-gas prices and a reduction in natural-gas drilling activity. Shale oil production followed a few years later, leading OPEC to respond with increased production to maintain market share. Global oil price collapsed along with US rigs drilling for shale oil. Shale oil and shale gas now account for 50% of U.S. oil and natural gas production. Will the world follow? Legitimate concerns include size of the resource, recoverable reserves, economic production potential, and environmental risk.

Speaker #2 Name: Michelle Peavy

Speaker #2 Title: Owner

Speaker Company: Rimi and Company

Speaker #2 Bio: Michelle Peavy is the Owner of Rimi and Company, an executive recruiting firm specializing in hiring for upstream oil/gas positions between Houston, TX and Calgary, Canada. These talents go beyond business.  She is an Inspirational Speaker, Motivator, Mentor, Salsa Performer, and a singer of the National Anthem for the NBA Houston Rockets.    She is the producer of her CD, called MY VOICE, Online GET OFF YOUR ASK eCourse, and her book, The Freeway of Life.  Michelle hosts Linkedin Workshops and consults privately with Individuals and Corporations.

Event Description/Presentation Abstract:  Jumpstart Your Linkedin Profile.  Michelle will share some of her tips, trick and secrets on Linkedin profiles.  Learn how to ASK by choosing the proper words/language to get what you want and then using Linkedin as the GO TO Resource/Tool to find your answers. Learn about the top three main components of your Linkedin Profile, using your Linkedin Headline to create an ASK Statement, why your Headshot can make or break your Linkedin profile, how to use your Linkedin Summary to tell your story, how to increase visibility and expand your connections. Bring your laptop for informal coaching on your LinkedIn Profile at the end of this session.

Speaker #3 Name:  Dr. J. Roger Hite

Speaker #3 Title: Principal

Speaker #3 Company: Inwood Solutions, LLC

Speaker #3 Bio:  Dr. J. Roger Hite has over 40 years' experience in petroleum engineering in a wide variety of areas - reservoir engineering, enhanced oil recovery, information technology, and profitability analysis, working with every discipline in the petroleum industry, from geophysics to civil engineering, both onshore and offshore.  Roger is the SPE Gulf Coast North America Regional Director and is an SPE Distinguished Member.

Event Presentation Description/Abstract:  The Role of Oil and Gas in the Next 100 years

The outlook for world oil and gas production for the foreseeable future will be reviewed.  Forecasts are available from the US DOE Energy Information Administration and from the International Energy Agency, as well as from some of the larger oil companies.  This talk will first look back at the developments over the last 100 years, and then will discuss possible outcomes for the future.  The basic conclusion is that oil and gas production will continue to play a major role in the world energy mix for as far out as anyone can see.