April 21, 2009


Description

The data showing country by country crude oil produced continues to argue that Global Crude Oil set all time record output in 2005 and only possibly got back this high when OPEC said they ramped up oil output in mid 2008. 

Now the oil price collapse is slowing most important supply additions and dropping rigs at work which will have a devastating impact on supply over next 18 to 24 months.  So this probably seals the fate of the Peak Oil Argument that it is now past tense. The World has peaked in crude oil output.

Featured Speakers

Speaker: Matt Simmons
Speaker Matt Simmons
Chairman Simmons & Company International Matthew R. Simmons is Chairman of Simmons & Company International, a specialized energy investment banking firm.  The firm has completed approximately 770 investment banking projects for its worldwide energy clients at a combined dollar value in excess of $139 billion, including 490 mergers and acquisitions ...

Chairman
Simmons & Company International

Matthew R. Simmons is Chairman of Simmons & Company International, a specialized energy investment banking firm.  The firm has completed approximately 770 investment banking projects for its worldwide energy clients at a combined dollar value in excess of $139 billion, including 490 mergers and acquisitions totaling $68.9 billion. 


Mr. Simmons was raised in Kaysville, Utah. He graduated cum laude from the University of Utah and received an MBA with Distinction from Harvard Business School. He served on the faculty of Harvard Business School as a Research Associate for two years and was a Doctoral Candidate. 


Mr. Simmons began a small investment bank/advisory firm in Boston. Among his early clients were several subsea service companies. By 1973, almost all of his clients were oil service companies. Following the 1973 Oil Shock, Simmons decided to create a Houston-based firm to concentrate on providing highest quality investment banking advice to the worldwide oil service industry. Over time, the specialization expanded into investment banking covering all aspects of the global energy industry. 


SCI’s offices are located in Houston, Texas; London, England; Boston, Massachusetts; Aberdeen, Scotland; Oslo, Norway and Dubai, UAE. 


Simmons serves on the Board of Directors of Houston Technology Center (Houston) and the Center for Houston’s Future (Houston). He also serves on The University of Texas’ M.D. Anderson Cancer Center Foundation Board of Visitors (Houston) and is a Trustee of the Bermuda Institute for Ocean Sciences. In addition, he is past Chairman of the National Ocean Industry Association. Mr. Simmons serves on the Board of Dean’s Advisors of Harvard Business School and is a past President of the Harvard Business School Alumni Association and a former member of the Visiting Committee of Harvard Business School. He is a member of the National Petroleum Council, Council on Foreign Relations and The Atlantic Council of the United States. Mr. Simmons is a Trustee of the National Trust for Historic Preservation and the Farnsworth Art Museum in Maine.


 Mr. Simmons’ recently published book Twilight in the Desert: The Coming Saudi Oil Shock and the World Economy has been listed on the Wall Street Journal’s best-seller list. He has also published numerous energy papers for industry journals and is a frequent speaker at government forums, energy symposiums and in boardrooms of many leading energy companies around the world.  


Mr. Simmons is married and has five daughters. His hobbies include watercolors, cooking, writing and travel.
 

 

Sorry, no refunds for cancellations less than 24 hours prior to the event.


Full Description



Organizer

Bob Chin


Date and Time

Tue, April 21, 2009

11:30 a.m. - 1 p.m.
(GMT-0500) US/Central

Event has ended

If you do not have a full-time job in the oil and gas industry, are a full-time student or Member in Transition (MiT) member, and you do not see a discounted registration fee for students/MiT regarding this event, please contact the GCS manager at spe-gcs@spe.org.


Location

Houston Racquet Club

10709 Memorial Drive
Houston, TX 77024
US