Oct. 25, 2007


Description

This presentation will focus on one company’s strategy for the Lower Tertiary trend in the deepwater Gulf of Mexico. Said to be “the biggest discovery in the United States since Prudhoe Bay 38 years ago” the Lower Tertiary presents industry with a number of significant technological hurdles. One important participant in solving those challenges is Devon Energy Corporation. Starting in 1988, Devon expanded initially through mergers and acquisitions, then made a bold move in 2001 to extend its growth profile with a high-impact exploration program. An important element of this strategy has been to build an extensive position in the deepwater Gulf of Mexico. Devon has announced four significant discoveries to date in the much publicized Lower Tertiary trend and, in addition, has obtained a significant inventory of undeveloped blocks in the trend on which many additional prospects have been established. The company recently entered into long-term contracts for two fifth-generation deepwater drilling rigs to execute its strategy. This exposure to the Lower Tertiary play positions Devon as one of the most significant players in this important deepwater Gulf of Mexico trend.



Featured Speakers

Speaker Stephen J. Hadden
VP Exploration & Production Devon Energy Stephen J. Hadden was named senior vice president of world-wide Exploration and Production operations for Devon Energy, in 2004. Mr. Hadden had previously worked for Texaco Incorporated. He joined Texaco as a field engineer in 1977 and subsequently held a series of engineering and management positions ...

VP Exploration & Production
Devon Energy
Stephen J. Hadden was named senior vice president of world-wide Exploration and Production operations for Devon Energy, in 2004. Mr. Hadden had previously worked for Texaco Incorporated. He joined Texaco as a field engineer in 1977 and subsequently held a series of engineering and management positions with increasing responsibility in the United States. His tenure with Texaco included assignments as assistant to the president of Texaco Exploration and Production; division manager for the Bakersfield, California Producing Division; and assistant to the chairman of the board of Texaco, where he assisted executive management with the oversight of the company's worldwide business in more that 140 countries. He also served as vice president of Texaco Exploration and Production, which included responsibility for the company's western region, and as vice president of the California Business Unit. In 2002, he became an independent consultant. Mr. Hadden holds a bachelor’s degree in chemical engineering from Pennsylvania State University.

Full Description



Organizer

Jack Steen


Date and Time

Thu, Oct. 25, 2007

11:30 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

The Courtyard @ St. James

1885 St. James Place
Houston, TX 77056
USA