Dr. Medhat Kamal, Technology Project Manager for Chevron Energy Technology Company and Chairperson of the conference, posed this question and then proposed how the conference would move the industry toward finding answers.
"What we are trying to get out of this meeting is an honest discussion, and hopefully some guidelines, for forward steps towards figuring out how we as an industry will find and produce the next trillion barrels of oil that the world is counting on," says Kamal
.The conference will bring together industry leaders, scientists and visionaries to discuss the many challenges facing the energy industry and the R&D initiatives that will be required to meet them.
"We cannot restrict ourselves to incremental advances of the things we are doing today within the oil and gas industry," says Kamal
.In light of this, conference planners have invited technology experts in the fields of nanotechnology, materials science, microbial biochemistry, molecular transformation and manipulation, and visualization and associated modeling to discuss innovations outside the upstream oil industry and how they might be adapted for oil production.
Other sessions over the two-day event will focus on methods of improving deep-reading reservoir measurements, how to maximize production of heavy oil and other difficult crudes, addressing the environmental challenges of producing the next trillion, and finding and retaining the right people to solve these E&P problems.
The conference is expected to draw more than 300 attendees, and Dr. Kamal
sees this as proof of the greater importance of R&D in today's E&P community.