THE NATIONAL LEARNING HUB FOR FACILITIES ENGINEERING
E&Ps across the US are rationalizing expenditure on their onshore production facilities to determine what technology is necessary as opposed to what is simply ‘nice to have’.
For operators to ensure facility sustainability it is vital to determine the value of wellhead data, as well as the initial investment on facility equipment versus lifecycle maintenance costs.
But as crude prices now approach $50-a-barrel, operators are seeking onshore facilities with the flexibility to adapt to either ‘lower for longer’ or an oil price ramp up.
Hear World Class Case Studies On How Leading North American E&Ps Are:
- Deciding whether to retrofit existing facilities or build new
- Moving forward with advances in modular technology
- Minimizing facility design and maintenance costs
- Streamlining design processes between old and new standards
- Implementing cost-effective automation and monitoring programs
- Comparing the cost benefit of centralized versus decentralized facilities
Following on from the success of last year’s ground breaking event which drew over 300 delegates, Facilities Onshore Cost Reduction 2016 returns to Houston this September 28-29, featuring case studies from 20+ leading US operators on how to design, build, operate and maintain facilities at reduced cost.
As the industry approaches a crossroads, this event is a must attend for any forward thinking E&P’s facilities team, with Marathon, ConocoPhillips, Chevron, Noble Energy, Pemex, Southwestern, Cabot Oil & Gas all on the program this year.
“The face of facilities development planning is dramatically changing as E&Ps evaluate what is critical to create a lean organization in a low margin business without sacrificing future opportunities.”
DUG Midcontinent Conference & Exhibition
The Booming Midcontinent
Home of some of the country’s oldest oil and gas fields, the Midcontinent hosts producers ranging from the stalwart, nearly a century-old Hugoton to the newest, hot, horizontal payzone: Springer shale. Hydraulic fracturing was invented in the Midcontinent and, while it’s been deployed across the U.S. and abroad, it has made its way home in a big way: Oklahoma and Kansas alone have doubled their oil output. From the condensate- and NGL-rich Granite Wash play to the gas-prolific Hugoton to the oil-loaded Woodford and multiple, stacked zones in central Oklahoma, producers are quickly determining where to land their wells, ideal lateral lengths, economic well density, effective frac-stage-spacing, proppant recipes and more. Learn of their current best practices and where more testing is still needed at Hart Energy’s third annual DUG Midcontinentconference & exhibition.
Why should YOU attend?
Stay on the leading-edge of the Midcontinent’s growing potential!
The Midcontinent region may be steeped in oil and gas history, but much of the story has yet to be written. The same unconventional technologies revolutionizing oil and gas plays throughout the U.S. are unlocking potentially-vast reservoirs of oil in America’s heartland. Promising new unconventional formations are coming online and new life is being breathed into long-standing conventional sources in Southwest Kansas, theTexas Panhandle, Northwest Arkansas and throughout Oklahoma. Declining trends that have spanned decades are now being reversed and some experts are predicting this is just the tip of the iceberg.
And at the heart of the Midcontinent region, Oklahoma is home to the country’s top crude storage and trading hub in Cushing – with 80 million barrels of storage capacity and links to major refineries throughout the Midwest and Gulf Coast. With an abundance of resources available and direct access to end-markets through a well-developed midstream infrastructure, it’s no secret why top producers like Devon Energy and Chesapeake Energy call Oklahoma home.
- At 500,000+ bpd, Midcontinent oil production has more than doubled since 2005 (240,000 bpd in June 2005).
- By 2020, Midcontinent oil production could be double where it is today.
- This year Oklahoma’s monthly crude oil production peaked at more than 11 million barrels, a level not seen since the late 1980s.
- Top E&P companies are flocking to hot new plays like the SCOOP, STACK and Springer shale, creating a growth in production.
DUG Midcontinent 2015 is your connection to all the emerging plays throughout Southwest Kansas, the Texas Panhandle, Northwest Arkansas and throughout Oklahoma. With 1,300+ attendees, 25+ executive-level speakers, 125+ exhibitors showcasing solutions, and almost 10 hours of exclusive networking opportunities – this is the ONE event that brings the entire region together. You’ll walk away with new insights, proven best practices, and hundreds of valuable connections.
Millions of Acres of Potential
Top producers explore the Permian’s stacked payzones
Despite lingering uncertainty in oil prices, major producers are diverting their attention and resources to proven rocks in West Texas and New Mexico. Success today is defined by efficiency. And in the quest to become the most efficient producer, companies have slashed breakeven costs by $10-$20 as service costs have come down and drilling and completion programs are optimized.Over the last nine decades, the Permian Basin has demonstrated its perseverance time and again as it has weathered historic downturns and minted billionaires during the booms. Stacked deep with layers of organic-rich rock, even today the nation’s #1 oil-producing region still has room for growth. While the Bakken and Eagle Ford host tens of thousands more wells, West Texas’ horizontal-well story has only just begun. The Permian Basin is stunning world oil markets all over again.
Now more than ever, you need to stay connected to the latest intelligence coming from the field. The 21st annualExecutive Oil Conference gives you access to:
- The most active producers in the Permian Basin — find out when and where companies likePioneer Natural Resources, Concho Resources, Apache, Chevron and Matador Resources plan to drill in 2015
- Top industry and financial analysts focused on West Texas — learn where these experts forecast oil prices and M&A activity to be in 2016 and beyond
- Technology demonstrations with top service providers — get hands-on access to the latest solutions helping producers operate more efficiently
You’ll walk away with new strategies and hundreds of valuable business connections. And on the exhibit floor, you’ll get hands-on access to all the efficiency-focused technologies and services driving the industry forward into 2016 and beyond. View the complete conference agenda, see the latest speaker announcements and explore theexhibit floor.