(PRWEB) April 29, 2015
“This gathering of diverse industry leaders could not be more opportune, as the industry seeks to mitigate integrity risks and achieve greater value for money. Well Integrity is without doubt the most important process for effective operations in the 21st century; since 2009 it has cost operators over $75 billion, “explains Kerr Jeferies, Senior Well Integrity Market Analyst from Upstream Intelligence.
On top of this, over half of the industry’s engineers believe current legislation fails to meet industry demands; over a quarter of oil and gas wells across the globe have, at some stage, leaked; and of the 15,500 producing, shut in and temporarily abandoned wells in the OCS of the Gulf of Mexico, over 40 per cent have sustained casing pressure on at least one casing annulus.
“Whether addressing safety concerns, production efficiency or life-time longevity, well integrity professionals are now receiving well deserved attention, appreciation and investment.
“Speakers will present more than 25 business critical presentations over two days and attendees will also get learn through case studies from the biggest operators North America and regional case studies from Europe, Latin America and Asia-Pacific,” explained Kerr.
Attendees will hear how digital infrastructures - essential for well integrity governance, enhanced production and on-going compliance in the coming months - are being developed.
They will also get the opportunity to scrutinise in more detail than ever before, the latest case studies from industry leaders, Shell, Hess and Equion, by attending a series of brand new intensive workshops which will connect them directly to the specialists and fresh solutions.
Delegates will be able to critically assess the revolutionary processes being sought by managers at BP, Exxon Mobil, Marathon and Addax to maximise the value of well monitoring systems and ensure the stability of producing assets.
And through exclusive insights, including material assessments from Senior Research Fellow, Mike Cowan (University of Texas) and Well Integrity Domain Champion, Pavel Shaposhnikov (Schlumberger), they will be able to get to grips with what the cement specification operators need to support the integrity of HTHP wells.
The conference, which will give attendees the opportunity to move their organizations forward and refine production and operations, is supported by two new Silver Sponsors, Metrol and PTC.
Their support signals the industry’s resilience despite the depressed oil price and underlines the need for more innovative solutions to secure the integrity, reliability and stability of producing assets across the Gulf of Mexico.
Premium networking opportunities - including an online networking tool, evening drinks and round table sessions – will be available with leading names from across the oil industry, who have already confirmed their attendance.
According to Joel Wittenbraker, CEO of Mactech Offshore: “The exhibition draws together the highest calibre of talent and expertise in the industry in a concentrated, easy to meet manner.”
- Make sure you don’t miss out on all the exclusive updates from our pioneering program by downloading the e-brochure here: http://bit.ly/wellslifecycle