Oklahoma University’s fifth annual Energy Symposium is to tackle ‘hot topics’ such as the global demand for oil and gas and the recent downturn.
The theme for the 2017 event is ‘Preparing for the Future of Energy – Thriving in Complex and Uncertain Times’.
Bruce Stover, retired executive vice president and founding member of Endeavor International Corporation, is running the first session at the Devon Energy Auditorium in Oklahoma city.
It will focus on the forces sharping the future of the energy industry, both domestically in America and globally.
He said: “The symposium will address the global outlook for energy, focusing on the forces shaping the future of energy in all forms, but with particular emphasis on oil and natural gas.
“The panel of global experts will address the forces driving demand for hydrocarbon energy throughout the world (economic, demographic, regulation and policy and technological) as well as supply of oil and gas (reserve limitations, delivery limitations and cost competitiveness with alternative resources).
“This panel will also address questions related to the most recent energy price downturn and the potential and timing of its recovery, such as the global impact of the massive deferral of exploration, the ability of US onshore exploitation to fill the gap and the role of “lessons learned” during the downturn to impact the pace and potential of the recovery – driven by improved operating practices and technology.
“There will be particular focus on policy decisions of the new US government administration relating to the balance of responsibility for economic growth and environmental stewardship and how those policies will impact to future of hydrocarbon energy – for growth in reserves and production and for the potential of US exports into the global market.
“The panel will also address ever-volatile geopolitical factors that will impact the global energy outlook. The panelists include experts from the technological public and private equity space, academia and the global energy advisory sector.”
Mike Stice – Dean and Lester A. Day Family Chair of the Mewbourne College of Earth at the University of Oklahoma, added: “This year, the Symposium will tackle some seemingly controversial challenges facing the industry.
“A special panel session with distinguished panelists from both the industry and academia will discuss induced seismicity, fresh water consumption, produced water treatment, reuse and disposal of produced water, and a topic often ignored by the U.S. oil and gas industry, the accumulation of carbon in the atmosphere.
“The Symposium is anticipated to conduct a lively discussion on the critical environmental consequences of fossil fuel extraction and consumption.
“The panelists include experts from the University of Oklahoma, The Oklahoma Geological Survey, Stanford University, Harvard University, Southwestern Energy, and H2O Midstream.”
Check back regularly for continuing coverage of the 2017 Okalahoma University Energy Symposium.
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