Tuesday, November 10, 2015
Opening Keynote: Pioneering A Texas Oil & Condensate Empire
With potential for thousands of horizontal wells in the Permian Basin's Wolfcamp and Spraberry, Pioneer Natural Resources continues to drill its position. Here's how the veteran Permian producer is making new wells work at 2015 WTI, and what it thinks about the outlook for exporting Permian oil.
- Joey Hall, Executive Vice President, Permian Operations, Pioneer Natural Resources Co.
A Special Address From The Texas RRC: The Outlook From Austin
Analysts and capital providers deliver their insights on why the Permian Basin remains a hot spot for further investment dollars, whether for start-up E&Ps, buyouts, or drilling.
- David Porter, Chairman, Texas Railroad Commission — Presentation not available
Panel: Trending—The U.S.' Path Up The Oil-Producer Charts
While growth in U.S. production–some 5.2 million barrels in seven years and 1 million of that in just the 12 months ending April 2015–is expected to wane at a newly lower oil price, potential remains for the U.S. to speed past Russia as the new No. 2 producer–second only to Saudi Arabia. When–rather than "if"–is the question and how does this–along with natural-gas potential–create a North American energy powerhouse.
- The Renewed North American Energy Powerhouse
Matt Shirk, Senior Manager, Transaction Advisory Services, Ernst & Young
- At What Price WTI? The Potential For U.S. Oil-Production Growth
Dave Pursell, Managing Director and Head of Securities, Tudor, Pickering, Holt & Co.
Operator Spotlight: The Horizontal Delaware, Midland & New Mexico Shelf
With 1.1 million, gross acres, pure-play Concho Resources' leadership has operated in the Permian Basin since 1997 and conducted the largest horizontal-drilling program in the basin in 2014. It has more than 550 horizontals in the Delaware and more than 1,400 verticals as well control in its growing, horizontal, Midland program, plus a large horizontal program on the New Mexico Shelf.
- Will Giraud, EVP & Chief Commercial Officer, Concho Resources Inc. — Presentation not released
Roundtable: The West Texas Round-Up–Getting To Market
Permian Basin oil production is being directed to Cushing and, increasingly, directly to the Gulf Coast. These experts discuss how it's getting to the highest-price market, what supply it's competing with, and what demand looks like now and in the future.
- Steve Hoppe, President, Gas Gathering, Processing and Transportation and Executive Vice President, EnLink Midstream Partners LP
- Adam Bedard, CEO, ARB Midstream LLC
Operator Spotlight: FANG—Taking A Bite Out Of The Permian
Focused exclusively in the Midland Basin, Diamondback Energy Inc. has some 90,000 net acres, containing 117 million BOE of proved reserves that are 60% proved developed, making 30,600 BOE/d. Here are its plans to further bring the basin's stacked, horizontal pay into the PDP column.
- Travis Stice, President and CEO, Diamondback Energy Inc. — Presentation not released
Afternoon Keynote: Flush With Powder & Permian—Apache's Plans
With cash from international-asset sales, Apache Corp. is fully loaded to execute on development of the Permian Basin in which it is the No. 3 acreage-holder with 3.2 million gross, producing more than 170,000 BOE/d, net. Of its more than $2 billion of 2015 capex plans for its 9.8-million-gross-acre, North American portfolio, 60% is devoted to its positions in the Delaware and southern Midland basins. Here are its results and plans.
- John Christmann, CEO & President, Apache Corp.
Spotlight: The Global Ramifications Of The U.S. Unconventional-Resource Revolution
The resurgence of U.S. production has shaken the foundations of global politics, economics and foreign-policy priorities. Hear how the U.S. energy industry is reshaping the next 50 years and the investment ramifications of this dynamic.
- Ken Hersh, CEO, NGP Energy Capital Management — Video available on UGCenter.com
Panel: M&A, Land, Capital Markets & Futures
Déjà vu 2009, M&A deal-making has slowed—but not to a crawl. Here's why Permian Basin deal-making continues, what capital is available to fund it and other stealth bolt-ons and start-ups, and the outlook for crude-oil futures.
- University Land Leased & Still Available
Mark Houser, CEO, University Lands, University of Texas System
- What's Next? A PE-Backed Producer's Overview Of The Growing Permian Potential
Mike Wichterich, President, Three Rivers Operating Co. III LLC
- PE Capital Availability To The Permian Vs. Other Lower 48
Kyle Kafka, Managing Director, EnCap Investments LP
Operator Spotlight: Homecoming–How The Permian Rates In A Multi-National Portfolio
Chevron Corp. is expecting its 2 million net acres in the Permian Basin may be making more than 250,000 BOE/d for it by 2020 and contain 7 billion BOE of potentially recoverable reserves. More than 300 new wells are planned for this year. Hear the latest on the prize this international super-major holds here at home.
- Don Puckett, General Manager - Operations, Chevron Corp. — Presentation not released
Roundtable: Solving For A Blue-Ribbon-Well Recipe
Here's an insider's look at recipes tried and–to date–true in the horizontal Permian Basin and other trials that show even greater promise.
- Dick Stoneburner, Managing Director, Energy Investments, Pine Brook Partners LP — Presentation not available
- Matthew Hairford, President, Matador Resources Co. — Presentation not available
Closing Keynote: Darkest Before The Dawn
Oil prices are cyclical, and volatility is the norm. Current prices are sending strong signals to the marketplace; hear how unconventional natural gas and shale oil resources will impact the recovery. When will supply and demand rebalance, and how will North American independents fare in the future?
- Thomas A. Petrie, Chairman, Petrie Partners, LLC