Speaker Dick Stoneburner
Speaker #2 Title: Managing Director/Partner
Speaker #2 Company: Pine Brook Partners
Speaker #2 Bio:
Richard Stoneburner is Managing Director/Partner with Pine Brook Partners. He serves on the board of Tamboran Resources and Yuma Exploration. Mr. Stoneburner was President North America Shale Production Division for BHP Billiton Petroleum, 2011-2012. From 2009-2011, he was President and …
Speaker #2 Title: Managing Director/Partner
Speaker #2 Company: Pine Brook Partners
Speaker #2 Bio:
Richard Stoneburner is Managing Director/Partner with Pine Brook Partners. He serves on the board of Tamboran Resources and Yuma Exploration. Mr. Stoneburner was President North America Shale Production Division for BHP Billiton Petroleum, 2011-2012. From 2009-2011, he was President and COO of Petrohawk Energy Corp., as CEO from 2007-2009, as VP then Executive VP Exploration from 2003-2007. During this time, he led Petrohawk's discovery of the Eagle Ford, its development of the Haynesville shale play, and its position in the Wolfcamp play in the Permian Basin. Prior to co-founding Petrohawk, he was VP Exploration for 3TEC Energy Corp. and worked for several E&P companies, including Hugoton Energy Corp., Weber Energy Co., Stoneburner Exploration Inc. and Texas Oil & Gas.
Mr. Stoneburner has a B.S. in Geological Sciences from UT Austin and a M.S. in Geology from Wichita State University. He received the AAPG Norman H. Foster Outstanding Explorer Award 2016. He was a AAPG Distinguished Lecturer 2012-2013, and is a Trustee Associate of the AAPG Foundation. He is a member of the Advisory Council of the Jackson School of Geosciences at UT Austin and is a member of the Chancellors Council Executive Committee of the UT System.
Event #2 Description/Presentation Abstract: The Evolution of the American Shale Plays: Where We Are and How We Got There
The exploration, appraisal and development of shale reservoirs in America over the past decade has been one of the most extraordinary periods in the history of America’s oil and gas industry. The advent of isolated multi-stage hydraulic fracturing in 2006, in conjunction with technical advances in horizontal drilling, resulted in over a dozen shale reservoirs that were proven to be capable of producing commercial volumes of oil and natural gas.
During the decade, these shale plays displayed different levels of evolution based on the level of activity and the knowledge gained in the five key disciplines that contribute to successful oil and gas operations: geology, land, drilling, completion and production. Each of these disciplines required increasing levels of knowledge and optimization as the plays progressed along the maturity scale. It is also possible to rank the plays within the referenced maturity scale and this presentation will attempt to do that as well as offer unique anecdotal commentary on each play.
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