Global leaders in energy production, consumption and sustainability
The Permian Basin driving America's energy resurgence
U.S. innovations help shape the global energy landscape
The United States is a leading producer, refiner, exporter and consumer of oil and natural gas. It is also the top reducer of carbon emissions. While providing more than 10.3 million jobs in the U.S., the energy industry affects every business sector in the country. As host to the 23rd World Petroleum Congress, Houston, Texas, U.S. draws attendees to the site of the country’s—and the world’s—energy headquarters. From Houston, the WPC will offer unprecedented access to innovation, cross-functional expertise and intellectual partnerships.
Texas is home to many ground-breaking achievements—not just in energy, but in medicine, space exploration, scientific discoveries, and tech-driven solutions. As the world’s oil and gas elite meet here, the insights and skillsets that have transformed this region provide a tremendous opportunity to propagate around the globe. Together, we will create change, alter our future, and advance the industry to even greater heights.
Presenting and engaged at every level of the Congress will be U.S. innovators who have long shaped the global energy landscape. These leaders are charting the course ahead focused on efficiency, productivity and sustainability. The same strategists and technicians who have invested decades into building the U.S. into a world leader across the value chain will provide insight into how they got here and where they are going.
Come discover how North America-driven innovation, operational efficiencies and collaboration led to the shale revolution. Even as unconventional resources are being successfully tapped, new developments and technologies are being introduced that will result in cost-effective solutions and higher yields. Learn how these techniques are now being applied in shale horizons outside North America.
After a short hiatus, U.S. energy companies are returning to unconventional resource plays, and they are taking up where they left off. As they return, technological advances that leverage lessons learned during previous upticks in activity are being successfully implemented. The Permian Basin is just one area where these advances have transformed the local industry.
The often-touted digital oilfield of the future has become the oilfield of the present. New methodologies and data-mining techniques that were being dreamt of in the not so distant past are becoming commonplace. These developments are altering the way companies view, manage and produce their assets.
Production successes experienced by oil and gas companies brought about by this new wave of innovation have created strains in the existing midstream infrastructure that are being addressed by new approaches and technologies. These innovations promise to improve the transfer of hydrocarbons from field to downstream users, while improving the security and safety of the general public.
The U.S. energy resurgence is well documented. It was accomplished through technological innovations introduced by determined industry pioneers. After more than a decade of experimentation in the Barnett Shale, George Mitchell’s Houston-based company, discovered the keys to unlocking natural gas from shale source rock. First there was hydraulic fracturing, the enabling technology that extended a well’s reach far beyond its original wellbore. Combining horizontal and lateral drilling with hydraulic fracturing was the crucial next step in the shale revolution’s success story. These and other enabling technologies turned the Barnett Shale into one of the most prolific gas fields in North America. It wasn’t long before other energy companies further refined and perfected the techniques in gas shales around North America.
The success in liberating gas from shale eventually led industry visionaries to apply those technologies in oil-bearing rocks. One example took place in the once seemingly dying and depleted Permian Basin, where oil production peaked in the 1970s. Oil companies looked at the Permian with new eyes and began producing oil and gas from both conventional and unconventional reservoirs. Amazingly, oil production from the Permian now doubles peak production during its heyday and is projected to increase over the next several years. This session focuses on unconventional reservoir development and will highlight the innovations, technologies and operational excellence of key U.S. players that have redefined an industry.
The oil industry has long embraced digital technologies in its drive to improve the commercial value of producing assets. Data, both historical and real time, enable fact-based decisions for optimization and remediation. Operators and service companies alike are working with digital/cloud-based computing companies to identify more efficient methods for diving into the massive amounts of information collected by our industry. Converting exabytes into actionable information is a herculean task, but the result will be the optimization of the full production stream. This session highlights established world leaders, entrepreneurs and start-ups in innovation, big data analytics, and artificial intelligence for transforming the energy industry today and in the future.
The oil and gas industry transports and distributes natural and derived products to the entire value chain through various means. These methods include pipelines, railways, ports, roads, LNG terminals, and marine transportation.
There are infrastructure challenges as well as developmental opportunities in this segment of the industry. This session explores technologies and innovations within the U.S. midstream sector with topics that include knowledge sharing in technology development, safety management systems (SMS) and addressing public perception of this key industry segment.
The 23rd World Petroleum Congress convenes at the intersection of experience and forward thinking, a crossroads where 4,600 energy firms partner daily with science and technology companies. The intellectual environment is energized by: