Northside: The Evolving State of Natural Gas

Speaker: Xiuli Wang, Ph.D
Speaker Xiuli Wang, Ph.D
Dr. Xiuli Wang is currently the Vice President and Chief Technology Officer of XGas, a natural gas conversions and transportation company in Houston, Texas. She is also an adjunct professor in the University of Houston. Before her current position, Dr. Wang spent over seven years with BP in both technology ...

Dr. Xiuli Wang is currently the Vice President and Chief Technology Officer of XGas, a natural gas conversions and transportation company in Houston, Texas. She is also an adjunct professor in the University of Houston.


Before her current position, Dr. Wang spent over seven years with BP in both technology and business units with roles as reservoir engineer, completion engineer, lead production engineer, and project manager. She became a specialist on oil and natural gas completions, production, and project management, covering the spectrum from upstream to midstream and downstream.


Dr. Wang is an expert in natural gas. She is the lead-author of the book Advanced Natural Gas Engineering (ANGE), a contributing author of Modern Fracturing - Enhancing Natural Gas Productionand has a large number of technical publications. She was the associate Editor-in-Chief of the Journal of Natural Gas Science and Engineering (JNGSE) during 2009-2011. She was also invited to serve as chairperson and program committee member at many professional meetings and conferences at the national and international levels.


Dr. Wang earned a PhD in chemical engineering from the University of Houston. Prior to her immigration to the United States, she earned a BS degree from Dalian University of Technology and a MS degree from Tsinghua University, followed by six years of work with one of China’s major petroleum companies, Sinopec.


In 2007, Dr. Wang was named the Unites States 2007 Asian American Engineer of the Year. Recently she was selected as one of the SPE Distinguished Lecturer for the 2013–2014 lecture season.

Full Description

In mid-2008 oil prices climbed to almost $150/barrel, then dropped to around $40 and now moved back to $100. Natural gas prices have remained very uneven throughout the world. In the US it sells for about one fourth of its “BTU-parity” with oil. There are many reasons for this situation: the considerable demand destruction in Russia; large new capacity of liquefied natural gas (LNG) in Qatar and elsewhere; and of course, the inertia of the success in shale formation activities in the United States.

Massive new deposits of natural gas are discovered continuously, such as the recent feats in Eastern Mediterranean. The International Energy Agency has suggested that ultimate world recovery is over 30,000 Tcf of natural gas, 300 years of supply at current rate of use.

Price gyrations affect all aspects of the natural gas world including LNG trade, the desirability or lack thereof of arctic pipelines, conventional and, especially unconventional gas production. A significant feature of future gas prices is that they are likely to be technology driven, similar to oil prices, rather than resources driven. Shale production and widely available LNG facilities will unify the price of gas internationally and reduce its seasonality in the not too distant future. It is likely that the United States will be exporting LNG within two years from today to a hungry China and a Russian-dependent Europe. Other modes of transportation, including new versions of compressed natural gas will also be brought into the market to serve niche applications.

Organizer Matthew Strom
matthew_strom@swn.com Phone: (281) 618-7848 Comments Please register prior to the event to facilitate improved planning and admission. Walk-ins will be accepted on a first come/ first serve basis as space allows. If you have special dietary needs, please email the event contact with your requests PRIOR to arrival at the ...
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When?

Tue, May. 14, 2013
11:30 a.m. - 1 p.m. America/Chicago

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Where?

Greenspoint Club
16925 Northchase
Houston, TX 77060
U.S.

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