Dear SPE Members,
We would like to invite you and your colleagues to our evening seminar event on ‘Data Science and Reserve Based Lending in Oil & Gas’.
Tuesday 4th December 2018, 6.30 pm to 8.30 pm.
Location: Shell International, 1 Canary Square, Canary Wharf, London E14 5AB.
Limited Places – book online via Eventbrite.
| Time | Talk and Speaker |
| 6:30-7:30 PM | Reserves Based Lending, Neil Fairnie (Chief Petroleum Engineer, Standard Bank Group) |
| 7:30-8:30 PM | Big Data: Assimilating information and analytics in Oil & Gas, Steve Rossiter (Managing Director, AgileTek) |
Presentation outlines:
Reserve Based Lending: How Banks use Reserves & Resources report in Debt based project Finance.
– Outlines types of financing structures utilised in O&G.
– Discuss mechanics of most prevalent form of senior debt structure utilised.
– Illustrate process banks undertake to understand risk and derive appropriate technical assumptions that underpin typical banking case.
Big Data: Making Sense of Information and Analytics in Oil and Gas.
– Present the range of technologies that take large amount of data including monitoring systems, ERP/CRM, production records and make use of information generated.
– By analysing the data, answer questions like:
- How can I predict if this supplier can meet the agreed lead time?
- Can we predict when we are likely to see increases in production defects?
- What are the bottlenecks on the production line and how can we predict how much impact they have?
- How can we use sales and design activity data to predict future production requirements?
Note:
Refreshments will be provided.
This event is a paid event and open to all SPE members.
Cancellation policy: Full refunds up to seven days prior to the event.