Who Should Attend

Meet Senior Decision Makers & Influencers From The Permian's Most Active E&Ps In The Midlands & Delaware Basins:


  • Wolfcamp A, B & C
  • Wolfbone
  • Cline
  • Avalon-Bone Spring
  • Wolfberry

With The Following Job Titles:


CEOs, COOs, VPs, Heads, Directors, Managers, Team Leads, Supervisors, Managers

Of:

  • Production
  • Well Stimulation
  • Production Operations
  • Artificial Lift
  • Reservoir Engineering
  • Operations
  • Automation
  • Well Optimization
  • New Ventures
  • Chemical Programs
  • Drilling
  • Completions

Plus Providers Of The Following Solutions:


  • Artificial Lift
  • Rod Lift
  • Gas Lift
  • Submersible Pumps
  • ESPs
  • Jet Pumps
  • Pump Off Controllers
  • Biocides
  • Chemical Deployment Systems
  • Water Treatment
  • Gas fired compressors
  • Microgrids
  • Solar panels
  • Separators
  • Compressors
  • Heat Exchangers
  • Dehydrators
  • Chemical injection
  • Parrafin remediation
  • Emulsion reduction
  • Surfractants
  • Friction Reducers
  • SCADA
  • PLCs
  • RTUs
  • Remote Monitoring

Agenda

PERMIAN OPTIMIZATION SUMMIT 2017: DAY 1, TUESDAY, JANUARY 31, 2017

8.00 Registration & Networking

9.00 LBCG Welcome

9.05 Chair's Opening Remarks

Chaired by Mark Peavy, VP Operations, Windy Cove Energy

KEYNOTE PANEL: MINIMIZING EXPENDITURE TO CAPITALIZE ON CURRENT PERMIAN OPPORTUNITIES

09.10 Strategies For Optimizing Returns And Controlling Costs To Maximize Permian Assets: How Can We Make The Most Of The Permian In The Here And Now?

The Permian currently offers the most development potential in the US, but by the same token the cost of land per acre is steadily rising. So how can producers reduce costs to effectively capitalize on the evident opportunities in the short term? Hear from multiple leading operators on how to:

  • Ascertain what cost-cutting measures can be justified to focus finances on expansion of acreage
  • Strategize on how to minimize drilling and production costs
  • Discuss how operators are currently managing their spend to mitigate risk and meet short-term objectives
  • Consider automation and OPEX models to rationalize the workforce

Moderator: Mark Peavy, VP Operations, Windy Cove Energy

Panelist: Bill Fairhurst, President, Riverford Exploration

Panelist: Sarah Tamilarasan, Vice President, Reat Global

DELAWARE BASIN

9.50 Hear The History Of The Unconventional Boom In The Delaware Basin To Secure Cost Efficiencies And Predict Where The Basin Is Headed

The Delaware Basin has been the "darling" in the headlines during 2016.  Where did this up and coming basin come from and how did it develop?   Hear from one private equity sponsored E&P companies CEO's views on where the basin was in 2013 and where it is today.

  • Review the opinions and perspectives of the Delaware Basin through time
  • Identify the cost efficiencies that have driven more development in the basin during this downtime
  • Evaluate where the basin is headed

Aaron Davis, CEO & President, Fortuna Resources

10.20 Question & Answer Session

ARTIFICIAL LIFT OPTIMIZATION

ANALYZE ROD LIFT, GAS LIFT, ESP, AUTOMATION AND DATA ANALYTICS TO MAXIMIZE RUN TIMES AND MINIMIZE FAILURES

ROUNDTABLE: ARTIFICIAL LIFT APPLICATIONS

10.30 Explore Optimization Approaches To Reduce Cost And Increase Artificial Lift Run Times

Artificial lift is not a new technology, but its correct application can lead to continuous improvements in run rates and productions volumes. So in terms of artificial lift application, what is a good optimization strategy for artificially lifted wells? Explore this operator's approach to:

  • Identify which artificial lift equipment is fit for purpose to minimize equipment failure rates
  • Match inflow performance with pumping equipment to increase run times on artificial lift wells
  • Consider running costs, production rates and well conditions to advise on the correct choice of artificial lift type

Led by Mark Peavy, VP Operations, Windy Cove Energy

11.20 Networking Break Sponsored by WadeCo.

GAS LIFT OPTIMIZATION

11.55 Evaluate The Optimal Design And Installation Of Gas Lift To Reduce Failure Rates And Allow Fluctuating Volume Production

Gas lift is an option that allows operators to comfortably produce fluctuating volumes. And what's more, gas lift equipment does not have to be change to accommodate such fluctuations and typically has a long run time. Hear from this operator on how to:

  • Optimize rates received in the first 30, 60 and 90 days of gas lift production
  • Compare the short term uplift of pumps versus the failure frequencies of gas lift to optimize artificial lift costs
  • Evaluate the cost-benefit of buying versus renting electrical compressors to minimize OPEX

Youness El Fadili, EVP Operations, Fortuna Resources

12.25 Question & Answer Session

SUCKER RODS - CORROSION-FATIGUE RESISTANT STEEL

12.35 Discuss The Development Of A Corrosion-Fatigue Resistant Steel For Sucker Rods To Achieve Effective Resistance

Corrosion fatigue is a concern in structures that are exposed to cyclic loads in corrosive environments. This is the case in many oil and gas operations, including drilling, gas compressors, and offshore risers or pumping equipment like sucker rods in artificial lifts.

Operating conditions for sucker-rods are becoming more aggressive as the water cut rises, the CO2, H2S and Bacteria represent a higher risk, and due the complexity of deep horizontals and shale completions results in a sudden increase of corrosion fatigue failures. Adding to this scenario, the inherent need for pumping higher volumes from deeper depths also increases fatigue loads, so the standard solution points towards higher mechanical properties in steels for sucker rods.

  • Analyze the key factors that affect the CF performance of sucker rods exposed to CO2, H2S or CO2 plus H2S rich environments
  • Discuss the development of the "AlphaRod Corrosion Service" to adapt new steel rod characteristics and performance
  • Hear about the design of steel sucker rods to achieve corrosion fatigue resistance

Rodrigo Ariel Ruis, NAM Sucker Rods Technical Sales Manager, Tenaris

12.55 Question & Answer Session

1.05 Networking Lunch

REMOTE MONITORING AND COMMUNICATIONS: DRIVE VALUE FROM FIELD DOLLARS

2:05 Deep Dive Into How To Modernize End-To-End Communications And Build Faster Wireless Networks

  • Access cutting-edge insight into the practical application of innovative communication systems, including MQTT, Radar, Radio and fully understand their limitations and successes
  • Understand how operators are using remote monitoring systems to gain real-time measurement and control to reduce transfer costs
  • Ascertain how to get all your systems communicating on a dispersed well site and manage your field centrally
  • Rethink the way you operate : Analyze the cost versus value-added reliability of building E&P owned communication infrastructure with faster, cheaper LTE and 4G data plans

Mark Peavy, VP Operations, Windy Cove Energy

2.35 Question & Answer Session

REFRAC

DISCERN WHEN TO REFRAC TO MAXIMIZE PRODUCTION

SCREENING CRITERIA FOR REFRACS

2.45 Identify When To Refrac And Which Method To Use To Maximize Hydrocarbon Recovery

Data-Driven Analytics is becoming an important point of competitive differentiation in the upstream oil and gas industry. When it comes to production from Shale, companies are realizing that in "Data", they possess a vast source of important facts and information. Since, in analysis and modeling of production from shale, our traditional techniques leave much to be desired, "Data", reflecting the field measurements, can provide much needed insight.

Through multiple case studies we demonstrate how Shale Analytics is used to map the natural fracture networks in your shale asset, build data-driven predictive models, identify best completion practices, and evaluate and rank Service Company's performance.

  • Discover hidden trends and patterns in data to identify key production drivers
  • Detail AI-based analysis of large number of field measurements to map the distribution of Natural Fracture Network
  • Build and validate predictive models to estimate productivity of new wells as a function of location and completion
  • Analyze the predictive models to determine the best completion and hydraulic fracturing practices
  • Analyze the predictive models to evaluate and rank service company's performance

Shahab D. Mohaghegh, Professor, West Virginia University

3.15 Question & Answer Session

POWER

IMPLEMENT POWER MANAGEMENT STRATEGIES TO MINIMIZE COSTS

HYBRID BATTERY POWER SYSTEMS

3.25 Use Hybrid Battery Power Systems To Allow for Completely Automated Oilfield Operations

  • Use power automation to eliminate generator idling in many Permian Basin applications
  • Synchronize intermittent remote facilities with power systems to save up to 60% on fuel costs and create greener emissions
  • Case Studies - view automated rod pump sites for a major Permian Basin operator and smart power for a major midstream company's booster pump stations

Forrest Marsh, Manager of Oil & Gas, Aggreko

3.45 Question & Answer Session

3.55 Networking Break

WATER MANAGEMENT

CONSIDER INNOVATIVE APPROACHES TO OPTIMIZE WATER SOURCING, TREATMENT, DISPOSAL, STORAGE AND TRANSPORTATION

WATER OPPORTUNITIES

4.25 Rank And Identify Water Sources, Disposal Facilities And Recycling Opportunities In Optimal Locations To Drive Cost Efficiences While Maximizing Production

  • Understand trucking l;gictics, key differentials in trucking responsibility and pricing
  • Learn how to upgrade listings to branded and premium levels and promote water equipment, technology and services
  • Use customized company profiles to enhance visibility online
  • Identify approved (MSA) vendors, facility type, best deal, distance, price, volume, water quality and more, at no cost to the operator

Josh Adler, Founder & CEO, Sourcewater

4.45 Question & Answer Session

WATER MANAGEMENT

4.55 Learn The Latest Techniques In Sourcing, Reclaiming And Reusing Water In The Permian To Improve Environmental Performance And Minimize Costs

Many operators are experiencing the common challenge of knowing what to do with the huge quantities of water that are being produced from their Permian wells. But in this challenge there is also the unique opportunity to innovate, reduce costs and reduce risk across an operation. Hear from this operator on how to:

  • Consider the latest water treatment options to cost-effectively treat produced water for reinjection
  • Identify alternate water sources to allow further options for effective frac fluids
  • Compare water transfer versus storage versus disposal to reduce risk and provide economic benefit

Lorena Van Metre, Manager Development Engineering - Permian Shale, ConocoPhillips

5.25 Question & Answer Session

WATER DISPOSAL OPTIMIZATION

5.35 Understand Emerging Challenges And Opportunities For Produced Water Optimization In The Permian: A Data Driven Analysis Of Salt Water Disposal Supply and Demand

The required volume of water for a typical completion in the Permian Basin has grown three-fold since 2013. Increased produced water per-well and significantly higher volumes of water used per-horizontal foot of completion wellbore length have been observed. These drivers are impacting the demand for source-water and salt water disposal capacity as completion activity continues to rebound. This presentation will provide a data-driven forward looking perspective on the supply and demand for oilfield water and resulting disposal capacity constraints in 2017. Gain an understanding of the following:

  • Current activity and Permian Basin water intensity trends
  • 2017 water production and disposal capacity utilization constraints
  • Leading edge digital tools to reduce your water management costs

Piers Wells, CEO, Digital H2O

5.55 Question & Answer Session

6.05 Chairman's Closing Remarks

6.15 - 7.15 Networking Drinks Reception In The Exhibition Area

PERMIAN OPTIMIZATION SUMMIT 2017: DAY 2, WEDNESDAY, FEBRUARY 1, 2017

8.50 Opening Address & Recap of Day 1

GROWTH POTENTIAL

9.00 Forecast The Development Of The Permian To Identify Future Growth & Opportunities

As new discoveries are made in the Permian, more and more operators are looking for ways of either expanding their operations or getting more out of their current acreage. This operator will deliver an overview of the Permian and the potential for growth in this oil rich basin.

  • Consider development beyond primary horizons to effectively exploit secondary horizons
  • Discuss how to tap into the potential of multiple pave areas that may not have been fully exploited
  • Analyze growth potential to identify the most beneficial upgrades to make in legacy fields
  • Identify how CAPEX can be effectively employed to economically display various horizons to investors

Bill Fairhurst, President, Riverford Exploration

9.30 Question & Answer Session

INFRASTRUCTURE DEVELOPMENT

9.40 Estimate Overall Production Quantity And Quality Across The Permian Basin To Determine Demand For Midstream Infrastructure

While the Permian offers considerable potential for future development and growth, operators are constrained by infrastructural limitations, leading to lost revenue through flaring or handling costs. But how might the infrastructure of the Permian change in the short to medium term?

  • Scrutinize which are the most productive sub-basins in the Permian to determine where production is going to continue rising, stabilizing or falling
  • Quantify the number of drilling permits and its impact on production forecasts to identify how production will look like going forward
  • Examine short-term and long-term investments being made in each region of the Permian
  • Assess production rates to understand if there is over built capacity and what lays ahead for midstream companies

Eric Peterson, Director - Market Research & Analytics, ARB Resources

10.10 Question & Answer Session

WATER SHUT OFF CHEMICAL PROGRAM

10.20 Innovative, Integrated And Cost-Effective Water Shut Off Chemical Program

Lourdes Alvarez, Head of Enhanced Oil Recovery, Clariant

10.50 Networking Break

ROUNDTABLE: ACREAGE ACQUISITION

11.20 Evaluate Approaches To Successfully Acquire And Develop Bolt-On Acreage Without Encountering Permitting Issues

While the race to invest in the Permian has driven up land prices, operators are still seeking to expand their positions by acquiring acreage 'bolt-ons'. However operators must be aware of certain measures they need to take for such acquisitions to be successful.

  • Take internal measures to pre-empt issues with unfamiliar equipment and operating styles on acquired brownfield sites
  • Ensure that your internal regulators are up to speed with federal regulations to obtain development permits quickly
  • Implement an effective short, long and medium term development plan to ensure that permits are received in time for drilling

Led by Mark Peavy, VP Operations, Windy Cove Energy

DRILLING, COMPLETIONS & CHEMICAL PROGRAMS

CONSIDER DRILLING, COMPLETIONS AND CHEMICAL TREATMENT METHODS TO ENSURE OPTIMAL CONDITIONS FOR PRODUCTION

COMPLETIONS OPTIMIZATION

12.00 Discuss The Latest Completions Strategies And Technologies To Minimize Self-Induced Failures Caused By Deviated Well Bores

Getting your completions strategy right is crucial in preventing problems further down the line. But what new technologies and methods are Permian operators employing to minimize costs incurred from self-induced failures?

  • Identify new completions technologies to optimize completions designs in deviated well bores
  • Designing a well that can handle all types of artificial lift
  • Multi-well pad bore design for successful completion drill out, and artificial lift
  • Identify equipment manufacturing defects and incorrect tubing selection to minimize self-induced failures

Jeremy Compton, Drilling Manager, Earthstone Energy

12.30 Question & Answer Session

PANEL: DRILLING STRATEGY FOR OPTIMIZED PRODUCTION

12.40 Design And Plan Drilling Programs For Planned Production Volumes

While drilling costs in the Permian are consistently decreasing, the pace of drilling has led in many cases to deviated well bores and offset fractures that cause huge issues down the line when it comes to production. Hear from this operator on how to:

  • Correctly plan well bore width and depth within geological constraints to maximize production volumes
  • Develop a long term drilling plan to avoid offset fractures in shale plays
  • Conduct the best design engineering possible to adhere to specific lift and power technologies
  • Prevent well bore deviation at the drilling stage to pre-empt production issues
  • Use deviation surveys on new wells to select the correct artificial lift equipment and avoid self-induced failures caused by well 'dog-legs'

Moderator: Mark Peavy, VP Operations, Windy Cove Energy

Panelist : Randy Nickerson, COO, Caza Exploration

Panelist : Jeremy Compton, Drilling Manager, Earthstone Energy

1.20 Networking Lunch

BALANCING YOUR CHEMICAL PROGRAM

2.20 Understand The Correct Approach To Optimize Chemical Programs To Effectively Reduce Costs While Minimizing Equipment Failure

A constant area of doubt for operators lies in whether they are over-treating or undertreating down hole. But if an operator can work effectively with their vendor, then balancing the cost of chemicals versus the potential failure of down hole equipment can yield very worthwhile results.

  • Manage your chemical supplier to ensure that chemical prices remain competitive
  • Find the sweet spot between over treatment and under treatment to minimize mechanical failures while also safely reducing cost
  • Compare material coatings and corrosion inhibitor films to reduce failure rates
  • Discuss the cost-benefits of surfactants and friction reducers to allow more sand to be carried in frac fluids

Anton Babaniyazov, Staff Production Engineer, ConocoPhillips

2.50 Question & Answer Session

OXIDATION CHEMISTRY SOLUTIONS - COMPLETED & PRODUCED WATER

3.00 Implement Oxidation Chemistry For Recycled And Produced Water To Achieve Target Results For Successful Fracking Operations

This presentation focuses on highlighting Hydrogen Peroxide and Peracetic Acid deployed as oxidative chemistry technology for oil field applications involving Completion and Produced Water.

  • Pre-treat with Hydrogen Peroxide to oxidize reduced species and eliminate exposure to nuisance odors and contamination.
  • Deploy PAA dosage to eliminate SRBs, GHBs and Sessile biofilms, resulting in cleaner water with realized reduction of other frac chemicals   
  • Select a combination of Hydrogen Peroxide and PAA for Produced Water applications to improve water quality and reduce the dosage requirements of friction reducers

Nick Rossi - Commercial Development Manager, PeroxyChem, LLC.

3.20 Question & Answer Session

3.30 Networking Break

USGS WOLFCAMP ASSESSMENT

4.00 Consider An Assessment Of Undiscovered Continuous Oil Resources In The Wolfcamp Shale To Plan For Future Exploration

The U.S. Geological Survey (USGS) completed a geology-based assessment of undiscovered, technically recoverable continuous petroleum resources in the Wolfcamp Shale in the Midland Basin of the Permian Basin Province of west Texas.  This assessment yielded an estimated mean resource of nearly 20 billion barrels of oil, 16 trillion cubic feet of gas, and 1.6 billion barrels of associated natural gas liquids.  This presentation will focus on the following:

  • A brief synopsis of the USGS Energy Resources Program and its mission
  • What USGS resource assessments entail and what they are used for
  • An overview of this recent petroleum assessment within the Permian Basin Province and what it means for United States energy supply

Walter Guidroz, Program Coordinator - Energy Resources Program, United States Geological Survey

4.30 Question & Answer Session

REFOCUS

4.40 After two days of intensive discussion and networking have your perceptions changed?

  • This refocus session asks you to feed back how your future strategies have developed through the program
  • What do these mean for your business, and the industry as a whole?
  • Make sure you are in the room to consolidate your findings

Led by Mark Peavy, VP Operations, Windy Cove Energy

5.00 Chair's Closing Remarks

5.10 End of Permian Production Optimization Strategies 2017

Interview

Why Attend?

Uncover The Most Pressing Issues In The Nation's Most Productive Basin:

  • Select The Best Artificial Lift Applications Specific To Horizontal Well Bores
  • Optimize Pumping Equipment To Increase Artificial Lift Run Times
  • Focus On Rod, Beam, Pump, Gas, ESP and more
  • Reduce Production Costs And Optimize Disposal & Treatment Of Produced Water
  • Get The Balance Right : Achieve Accurate Management Of Surfactants And Proppants
  • Drive Measurement And Control & Manage By Exception Through Latest Automation Technologies
  • Harness Data & Analytics To Identify Opportunities & Predict Mechanical Failures
  • Perfect Permian-Specific Drilling Practices To Limit Self-Induced Failures, Deviation & Dog-Legs, Including Identifying Refrac Opportunities
  • Optimize Surface Area By Characterizing Fractures And Improving Well Spacing Strategies 
  • Plan For Cost-Effective Power, Infrastructure And Utilities For Remote And New Well Sites
  • Forecast Drilling & Development In The Region To Ascertain Future Growth Horizons

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