GENERAL MEETING: EXPLORATION STRATEGY

Speaker: SCOTT NYQUIST
Speaker SCOTT NYQUIST
MCKINSEY & COMPANY      Scott Nyquist is a Director in McKinsey & Company's Houston Office and a leader in McKinsey's Energy and Sustainability Practices.  He joined McKinsey in 1984 and worked in McKinsey’s London Office between 1985 and 1998.  While in London, he led McKinsey’s European Petroleum Practice.  Since arriving in ...


MCKINSEY & COMPANY






 




  

Scott Nyquist is a Director in McKinsey & Company's Houston Office and a leader in McKinsey's Energy and Sustainability Practices.  He joined McKinsey in 1984 and worked in McKinsey’s London Office between 1985 and 1998.  While in London, he led McKinsey’s European Petroleum Practice.  Since arriving in Houston, Scott has led McKinsey’s Americas Petroleum and Texas Energy Practices, as well as co-led McKinsey’s global Energy and Materials Sector.  He now co-leads McKinsey’s Sustainability and Resource Productivity Practice.

 


Scott has extensive experience working with integrated and national oil companies.  He has helped his clients develop and implement strategies and major change programs that significantly improve their performance.  Scott has helped develop win-win integrated oil company/resource-rich country relationships, has worked extensively on deepwater exploration and development strategy initiatives, and has advised national oil companies, integrated oil companies, and independent oil companies develop capital investment and performance improvement programs.


 


Scott has led work on energy efficiency, wind, solar, biofuels, and natural gas, and co-authored McKinsey’s recent researchReducing U.S. Greenhouse Gas Emissions:  How Much at What Cost?”  He also recently co-authored, “Averting the Next Oil Crisis: The Demand Challenge,” based on a joint research effort by McKinsey’s global Energy and Materials Sector and the McKinsey Global Institute.


Before joining McKinsey, Scott worked for Exxon Production Research in Houston, Texas, where he was involved in offshore oil platform design.


 


Scott graduated from the University of Michigan with a B.S. in Chemical Engineering and obtained an M.B.A. from the Harvard Business School.





Full Description
 
Exploration has discovered some 4-5 trillion BOE of conventional oil and gas resources over the last 100 years. Of this, some 2 trillion BOE has been produced.  Since much of the resource base is challenged by commercial, economic and/or political issues, exploration is still seen as a viable growth option for the industry.
 
However, over the past decade, conventional exploration has discovered around 25 BBOE of resources per year (about half of the annual global production), leaving in recent years unconventional resources filling the gap.  Despite the difficult challenges the industry has faced in conventional exploration, many companies have managed to explore successfully.  
 
Mr. Nyquist will present a perspective on the long-term trends in both conventional and unconventional oil and gas exploration, some views on the best performing companies, and lessons learned on what the leading companies are doing to deliver strong exploration performance.

 
 
 
 
 
 
 
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MIXED GREENS
CHICKEN FRIED STEAK
BREAD PUDDING
 
If you have special dietary needs (allergies, religious, etc.), please include special meal requests in the "Optional Comments for the Event Planner" section during the registration process.
 
Parking for this event :
 
The Petroleum Club provides valet parking service on the Milam Street side of the EXXON-MOBIL Building.  Parking is also available at public parking lots in the area for a fee in the $5 - $7 range.
 
Organizer Barry Faulkner

When?

Thu, Nov. 10, 2011
11:30 a.m. - 1 p.m. US/Central

How Much?

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Where?

PETROLEUM CLUB, 43rd floor, EXXONMOBIL Building
800 BELL STREET
HOUSTON, TEXAS 77002
USA

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