Underexplored Plays - Part II

Exploration focused conference inspired by new knowledge and different perspectives;  
Part II in the Underexplored Plays Conference series. 

Held at Valhall at the Norwegian Petroleum Directorate on the 23rd and 24th of November 2016.

Networking dinner for the evening of the 23rd. Drinks at the bar at Hall Toll from 18 and onwards (at own expense) and dinner starts at 19.30.

 

Location: NPD offices, Prof. Hanssens vei 10, 4021 Stavanger

Video from the panel debate here!

  • Date 23.11.2016
  • Time 08:00
  • Duration 2 days
  • Participants 145
  • Register by 16.11.2016
Underexplored Plays - Part II_main_img
Underexplored Plays - Part II

The conference was held in November 2016 at NPD, and it was especially targeted at challenging established truths and also reflect on some of the non-technical aspects of why an oil company is successful or not, such as risking processes and company strategies.

As part of the Underexplored Plays conference’s focus on the impact of Company Strategy and Prospect Risking Processes on our daily work as explorationists, the two first presentations on Day 1 were followed up by a panel debate on the topic with representatives from some of the most significant oil companies on the Norwegian Continental Shelf.

What we wanted to discuss was that not long ago, prospect risking processes were non-existing and an assessment took perhaps an hour. Now, with modern stochastic modelling tools, a lot of time is spent on producing a number for the prospect portfolio ranking, management decisions, the shareholder or investment bankers.

But is the number just noise, what does it represent – and are we spending our few resources within exploration in an optimal way?

This, among other topics, were discussed during the panel debate.

Please use this link to view a full video of the discussions: 

PANEL DEBATE SMALL VIEW

PANEL DEBATE FULL VIEW

 

Participants in the Panel Debate
Jørn Ramberg, Statoil
Arild Jørstad, Lundin
Rob Simm, Origo Exploration
Nils-Henrik Bjurstrøm, Rystad Energy
Chris Parry, Independent

Facilitator and moderator: Sidsel Lindsø, ExploCrowd

The technical presentations were focused on promoting  highlights of learnings since Underexplored Plays - Part I in 2015, and Per Avseth chaired a very interesting session on Geophysical Applications used in risking, again challenging the current norms and paradigms.

Below is the program with an overview of current available summaries and presentations from the conference currently available via the links on the right hand side of this website.

We hope you will find this very useful.

 

 

 

 

The Organizing Committee for Underexplored Plays II:

Sidsel Lindsø, ExploCrowd
Jon Halvard Pedersen, Lundin
Chris Parry, Independent
Klaus Dittmers, DEA
Kjetil Kaada, NPD
Bjørn Kåre Bryn, Centrica
Per Avseth, Independent
Janne Puntervold, NPD 

 

 

 

 

Photo: Øyvind Hagen - Statoil