As North Sea O&G reached 50-years of age (in 2015) it was clear that continued resource development would require step-changes in the efficiency of completion approaches. Low-cost, multi-stage and efficient deployment of conventional fracturing in an offshore, platform/rig-based, dry/wet tree environment was desperately required.
At that point a strategic journey began, with a suite of steps, since taken, that have delivered real cost-effective access to stranded & challenged reserves. This presentation will recount key parts of that journey and the opportunities and future for mature basins that await as a result.
Speaker:
Martin Rylance is the Discipline Lead and Distinguished Advisor at IXL, MEDCO Energi, NCS & THREE60 Energy. Having joined bp in 1984, he then worked with its NOJVs and partner companies for close to 38 years, before retiring and then consulting. He holds a BSc in Pure Mathematics, is a Chartered Mathematician, a Fellow of the Institute of Mathematics, and a Fellow of the Geological Society.
Location: Accenture Office, London, EC3M 3BD