Opening Wednesday’s plenary session, “Technology: The Key to Finding and Producing Difficult Hydrocarbons,” session moderator Charlie Williams of Shell International E&P Technology noted that the industry is facing two types of “difficulties” in difficult hydrocarbons. One is the physical location of the remaining hydrocarbons – whether in ultra-deepwater, in HPHT environments or the Arctic. The other is the hydrocarbon’s very nature, and recovery of enhanced and unconventional hydrocarbons still requires improvement, said Mr Williams, Shell chief scientist, well engineering, production technology.
The first panelist, Hesketh Streeter, vice president – energy consulting for Latin America for Wood Mackenzie, examined the risk management aspect of producing difficult hydrocarbons. There’s no doubt the industry has dramatically improved the way it manages risk over the past decade, he said, “but are we doing enough?”Read More »