HGS December General Lunch - Zoom
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Petroleum Geology as a Science and Industry – Past, Present, Future(?)
by Dr. Rene Jonk
Date: Wednesday, 17 December
Time: 11:30 am – 12:30 pm
Location: Zoom (virtual only)
Cost: $20 Members, $25 Non-members, $15 Students
Abstract
Petroleum Geology as a Science and Industry – Past, Present, Future(?)
In this talk, we will look at the ups and downs of the Petroleum Industry.
We will start our journey in the late seventies (when we thought the world was running out of oil and inflation-corrected WTI price-per-barrel was about $150).
We will arrive at the present-day (when we think we have more than enough oil and gas reserves to see us through the energy transition, with price-per-barrel around the $60 mark), and consider some thought-provoking scenarios for the future.
The focus will be on integrating the world’s geopolitical setting with technological developments and the addition of significant resources through exploration. First through the application of 3D seismic in established provinces, the advent of deep-water drilling in the 90ies, the opening of subtle (stratigraphic) play trends and finally through the rise of unconventional resources.
We will also look at how hiring & firing cycles influence research, university enrollment and staff demographics to arrive at the present-day state of our demographics globally.
This talk provides the perspective of a single individual, and therefore is just that! It should make for an entertaining, thought-provoking and perhaps educational experience.
Bio
Dr. Rene Jonk
Rene is the director of ACT-Geo, a company that specializes in subsurface consulting and training. He also holds an honorary professorship in Geology & Geophysics at the School of Geosciences at the University of Aberdeen.
Rene has more than 20 years’ experience in global surface and subsurface basin characterisation with a focus on oil & gas exploration and production, having worked in both technical and leadership roles at ExxonMobil and Apache.
He has worked across the full upstream cycle, from exploration, through appraisal into field development on conventional and unconventional assets from onshore to deep-water settings.
He currently applies his subsurface problem-solving skills across the energy spectrum.
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| Member | $ 20.00 |
| Non-Member | $ 25.00 |
| Student | $ 15.00 |
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