Permian Basin: CO2 Strategies: New Sources, New Technologies, New Growth

Speaker Doug McMorrey
VP of Marketing and Business Development Kinder Morgan Doug McMurrey is vice-president of Marketing and Business Development for Kinder Morgan CO2, L.P., the second largest oil producerfor onshore Texas. Kinder Morgan CO2 is the world’s leading CO2 operator and transporter and one of the world’s premier enhanced oil producers. Prior ...

VP of Marketing and Business Development
Kinder Morgan



Doug McMurrey is vice-president of Marketing and Business Development for Kinder Morgan CO2, L.P., the second largest oil producerfor onshore Texas. Kinder Morgan CO2 is the world’s leading CO2 operator and transporter and one of the world’s premier enhanced oil producers.





Prior to joining Kinder Morgan in 2007, Doug was with Societe Generale (“SG”) as managing director, heading Oil & Gas Client Management in the US and Americas.  He also served as the Principal of SG Americas Securities LLC and SG Houston Representative Office.





He has extensive experience in complex (multi-source) cross-border project financings, leveraged acquisitions, limited recourse financings, and reserve based transactions, including production payments and volumetric production payments and related risk mitigation.





He received his MBA in finance & management from the University of Texas at Austin, (1978) and BA from Colby College (1976).



Full Description

CO2 tertiary recovery was initiated in the Permian Basin in 1972. Since then, it has been successfully implemented throughout the Permian and other oil productive basins of the United States and the world. Today over 140 mbod of Permian production is associated with CO2 floods. With prices of $100/bbl, what are the new engines of growth for this proven method of enhanced recovery? What are the new sources that will be utilized? Where are the new reservoirs to be targeted? Will the recent advances in horizontal drilling and fracture technology play a role? Are there recent developments in existing floods that will impact future demand? What are the capital needs/barriers for new CO2 floods – is small scale feasible? Is the infrastructure in place to take advantage of these opportunities?

Organizer Amy Timmons

When?

Tue, Jan. 17, 2012
11:30 a.m. - 1 p.m. US/Central

How Much?

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Where?

Westlake Club
570 Westlake Park Blvd
Houston, Texas 77079

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