Sept. 15, 2005


Description

Seven giant Saudi Arabian oilfields, discovered between 1941 and 1965 are responsible for approximately 90% of its oil production.  These fields, ranging in age from 40 to 64 years, which are now mature and tired, are being subjected to the most sophisticated and costly technological applications in an effort to maintain their current oil production.  Given the age and production history of these giants, is this even sustainable? Or, has Twilight descended on the oilfields in the Saudi Arabian desert? And, given the fact that Saudi Arabia is the world''s largest oil producer, how do we begin preparing for a post-Peak Oil world?

Featured Speakers

Speaker Matt Simmons
Chairman and Chief Executive Officer Simmons & Company International Matthew Simmons is Chairman and Chief Executive Officer of Simmons & Company International, a specialized energy investment banking firm.  Mr. Simmons began a small investment bank/advisory firm in Boston after graduating from University of Utah and receiving an MBA from Harvard ...

Chairman and Chief Executive Officer
Simmons & Company International
Matthew Simmons is Chairman and Chief Executive Officer of Simmons & Company International, a specialized energy investment banking firm.  Mr. Simmons began a small investment bank/advisory firm in Boston after graduating from University of Utah and receiving an MBA from Harvard Business School.  Following the 1973 Oil Shock, Simmons created a Houston-based firm to concentrate on providing highest quality investment banking advice to the worldwide oil service industry.  Today the firm has approximately 145 employees and enjoys a leading role as one of the largest energy investment banking groups in the world. Its offices are in Houston, Texas; London, England; Boston, Massachusetts and Aberdeen, Scotland. 

Full Description



Organizer

Jennifer Bell


Date and Time

Thu, Sept. 15, 2005

11 a.m. - 1 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

Petroleum Club

800 Bell St, 43rd Floor
Houston, Tx