Sept. 26, 2012


Description

Join the Business Development Study Group at the Four Seasons Hotel for our first meeting of the new season! EnerVest’s  Phil Delozier will share his insight on the bright future for eastern Ohio’s Utica Shale as continued industry success and a receptive regulatory environment combine to create the potential for a second Eagleford. The popular format of a Business & Social Networking hour, with complimentary Hors’ D’ Oeuvres and a cash bar, followed by an hour-long program, will begin at 5:00 pm in the Mezzanine.
 
Development of the Utica Shale, along with its side-car companion, the Point Pleasant, is transforming the oil and gas business of eastern Ohio. A crowded field of new entries and their support brokers vie for new and HBP leasehold from the Appalachians to Lake Erie. Early movers have been proceeding to test their newly acquired assets, defining the boundaries of production type (dry gas, condensate, oil), optimizing drilling and completion  methodologies, and working with governmental entities to amend 40 acre rules for 10,000 foot lateral technologies.   Meanwhile established producers contemplate their options to sell out, promote, or self-develop their steady HBP holdings. While both the number of horizontal wells and the length of their production history are small, encouraging early results along with industry’s desire for high value liquids production has led to look alike comparisons to the Eagleford – where a high level of continuous development is expected for many years. What is the current level of activity and success? What are some important technical questions to be resolved? What is the outlook for future transactions? More large acreage deals? Or is industry focused on filling out drillable units? What are the important governmental and regulatory issues left to address? Will pipeline and transportation infrastructure keep pace? How will a trained local workforce keep pace with demand?
 
We welcome you to join us for this informative discussion, as well as the fellowship and networking of the popular Social Hour at 5:00 pm.

Featured Speakers

Speaker Phil Delozier – Sr. VP Business Development, EnerVest, Ltd.
    Phil C. DeLozier – is Sr. Vice President, Business Development, of EnerVest, Ltd. Before joining EnerVest in 2006, he served as VP – Business Development of EOG Resources, Inc. Prior to his employment with EOG Resources Phil was Manager – Business Development of Tenneco Ventures Corp., Vice President ...


 




 



Phil C. DeLozier – is Sr. Vice President, Business Development, of EnerVest, Ltd. Before joining EnerVest in 2006, he served as VP – Business Development of EOG Resources, Inc. Prior to his employment with EOG Resources Phil was Manager – Business Development of Tenneco Ventures Corp., Vice President – Land & Acquisitions of McCormick Resources, Inc., and held various leadership positions at Tenneco Oil E&P Co. from 1979 to 1996. He is the Houston Regional Director and a member of the Board of Directors of the Independent Petroleum Association of America. In June 2005 he received the IPAA Leadership Award for his industry contributions. In addition Phil serves on the board of directors of the World Affairs Council of Houston, where he was Chairman in 2007, and the Palmer Drug Abuse Program. He also is an active member of the International Association of Petroleum Negotiators, TIPRO and the Texas Alliance of Energy Producers. Phil earned a Bachelors of Arts degree from Oklahoma State University.

Full Description



Organizer

James Webb


Date and Time

Wed, Sept. 26, 2012

5 p.m. - 7 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

Four Seasons Hotel

1300 Lamar
Houston, Texas 77010
USA