Nov. 16, 2006


Description

IRAQ’S CRUDE OIL PRODUCTION CAPACITY
 

Iraq possesses substantial hydrocarbon reserves: 40 discovered fields with a potential production capacity of 4.5 mm b/d and many promising exploration opportunities. Production currently remains less than 2.5 mm b/d, however.

 

This presentation, prepared by Thamir A. Ghadhban, Advisor to the Prime Minister of Iraq, amplified with Mike Stinson’s experience on the ground, provides an understanding of the current situation, the challenges for developing Iraqi resources, and government efforts to meet those challenges in partnership with international oil companies. It will review Iraq’s resource base, current production and near term forecast. The future outlook for capacity expansion and the role of international oil companies will also be covered, followed by comments on the legal framework for Iraq’s energy industry, ongoing reforms, and the role of the Iraq National Oil Company.

Unfortunately, the owner of the presentation given by Mr. Stinson has not given his permission to publish the slides. Apologies to all those who asked for copies.

Featured Speakers

Speaker J. Michael Stinson
Former Senior Advisor to the Iraqi Ministry of Oil J. Michael “Mike” Stinson was born in Oklahoma City, Oklahoma, in August, 1943, and lived there until moving to Houston, Texas, in 1958.  He graduated from Houston’s Spring Branch High School in 1961.  Mike earned a BS degree in Industrial Engineering ...

Former Senior Advisor to the Iraqi Ministry of Oil

J. Michael “Mike” Stinson was born in Oklahoma City, Oklahoma, in August, 1943, and lived there until moving to Houston, Texas, in 1958.  He graduated from Houston’s Spring Branch High School in 1961.  Mike earned a BS degree in Industrial Engineering from Texas Technological College in 1966 and an MBA from Arizona State University in 1968.  In 1965 while still at Texas Tech he joined Continental Oil Company through its Continental Pipe Line Company subsidiary in Artesia, New Mexico.  Mike remained employed by Conoco and its successor company, ConocoPhillips until his retirement effective in March of 2003.


During his 37 year career with Conoco he served in domestic corporate departments for pipelines and terminals, natural gas and gas products, logistics, corporate planning, and synthetic fuels before moving to Conoco’s exploration and production function in the United Kingdom in 1982.  He served as Director and General Manager of Southern Operations in the UK North Sea during a period of intense expansion.  In 1984 Mike was named President of Conoco Norway Inc., and led that unit during a period of exploratory success including the discovery of the giant Heidrun Field.

In 1988 Stinson returned to Houston to manage exploration and production interests in Europe, Africa, and the Asia-Pacific region.  In 1991 he returned to the United Kingdom as Chairman of Conoco (UK) Ltd., a post he held for two years prior to returning to Houston as Vice President for Business Development and Resources in the worldwide exploration and production function.  During the latter part of the 1980’s and throughout the 1990’s Stinson was focused on the development of new businesses in Conoco’s upstream and downstream segments.  During this period new ventures were established in Africa, the Middle East, the Asia-Pacific region, and in both North and South America.


Stinson ended his career as Senior Vice President for Worldwide Government Affairs, serving on the Executive Committee, and assisting with the merger of Conoco and Phillips Petroleum to form today’s ConocoPhillips.


In February of 2004 Mike was asked by the U.S. Government to serve as the Senior Advisor to the Iraqi Ministry of Oil under the Coalition Provisional Authority in Baghdad, Iraq.  In this capacity he was temporarily employed by the U.S. Department of Defense and was responsible for the Iraqi oil industry under Ambassador L. Paul Bremer III, the CPA Administrator for Iraq.  He served in Iraq until the latter part of August, 2004.  In August of 2004 his service was recognized with the Secretary of Defense Exceptional Public Service Award.


Stinson has been affiliated with several petroleum industry organizations including the API, AAPG, SPE, SEG and is a fellow of the Institute of Petroleum in the UK.  He is past chairman of the Houston Division of the American Heart Association and currently serves on AHA’s board.  He is a member of the Engineering Dean’s Council, the Academy of Industrial Engineers, and the Chancellor’s Council at Texas Tech; he is also a Distinguished Engineer of that institution.  He serves on the boards of directors of Enventure Global Technology, Paulsson Geophysical Services, Harvest Natural Resources, and TORP Technology A/S. 


Mike lives in Houston.  He has one adult son who is married and living in Houston and two wonderful grandchildren.


Full Description



Organizer

Mike Grimes


Date and Time

Thu, Nov. 16, 2006

11:30 a.m. - 2 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

Hilton Americas

1600 Lamar
Houston, TX 77010