Tuesday, March 15, 2011

Conference Alert: Platts 6th Annual Oil & Gas Shale Developer

“No grand idea was ever born in a conference, but a lot of foolish ideas have died there.” -- F. Scott Fitzgerald (American Writer. Author of The Great Gatsby. 1896-1940)

Shale oil represents a big opportunity for oil production. Challenges also abound, including desulfurization of the product. Platts is presenting a conference that will interest anyone involved in shale oil development.

Here is information from the confererence Web …
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Platts Oil & Gas Shale Developer, June 21-22, 2011, Westin Oaks Hotel, Houston, Texas
Platts Oil & Gas Shale Developer is the foremost industry event examining how to invest in and develop emerging/established oil and gas shale plays while at the same time avoiding technological and capital risk. It attracts E&P/geoscience, midstream, marketing/trading, drilling, engineering, and many other O&G industry titles.


Platts 6th Annual Oil & Gas Shale Developer Will Examine:
•Emerging North American oil shale plays — Oklahoma Woodford/horizontal Mississippi lime, Niobrara, and Utica
•Eagle Ford Shale — Finding the right gas/oil/NGL mix
•International opportunities and investment — Latin America, China, and Africa
•Eastern European International Shale plays — Poland's Silurian, Germany's Posidonia
•Held-By-Production (HBP) drilling — What are the lease expiration numbers?


Confirmed Speakers to Date include:
•Tom Harris, Chief Operating Officer, eCorp
•Ron Harrell, Chairman Emeritus, Ryder Scott Company, LP
•Terry Barr, Chief Executive Officer, Samson Oil and Gas
•Daniel Jarvie, Senior Geoscientist, Realm Energy
•S.P. "Chip" Johnson, IV, President and Chief Executive Officer, Carrizo Oil & Gas
•Matt Marshall, Senior Energy Analyst, Bentek
•Pearce Hammond, Director, Institutional Research, Simmons & Company International
•John White, Vice President, Triple Double Advisors


For more information and speaking opportunities, contact:
Erica Giardina
Tel: 781-430-2115
erica_giardina@platts.com


source: http://www.platts.com/ConferenceDetail/2011/pc123/index
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And now, todays’ search tip … remember Wikipedia (http://www.wikipedia.org/). If Oil Shale is a new topic for you, get some quick background by viewing the following article …
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WIKIPEDIA ARTICLE
Oil shale
From Wikipedia, the free encyclopedia
Oil shale, an organic-rich fine-grained sedimentary rock, contains significant amounts of kerogen (a solid mixture of organic chemical compounds) from which liquid hydrocarbons can be extracted. Kerogen requires more processing to use than crude oil, which increases its cost as a crude-oil substitute both financially and in terms of its environmental impact. Deposits of oil shale occur around the world, including major deposits in the United States of America. Estimates of global deposits range from 2.8 trillion to 3.3 trillion barrels (450×109 to 520×109 m3) of recoverable oil.


The chemical process of pyrolysis can convert the kerogen in oil shale into synthetic crude oil. Heating oil shale to a sufficiently high temperature will drive off a vapor which processing can distill (retort) to yield a petroleum-like shale oil—a form of unconventional oil—and combustible oil-shale gas (the term shale gas can also refer to gas occurring naturally in shales). Industry can also burn oil shale directly as a low-grade fuel for power generation and heating purposes and can use it as a raw material in chemical and construction-materials processing.


Oil shale has gained attention as an energy resource as the price of conventional sources of petroleum has risen and as a way for some areas to secure independence from external suppliers of energy. At the same time, oil-shale mining and processing raise a number of environmental concerns, such as land use, waste disposal, water use, waste-water management, greenhouse-gas emissions and air pollution.[9][10] Estonia and China have well-established oil shale industries, and Brazil, Germany, Israel and Russia also utilize oil shale.


Contents
The shale oil derived from oil shale does not directly substitute for crude oil in all applications. It may contain higher concentrations of olefins, oxygen, and nitrogen than conventional crude oil. Some shale oils may have higher sulfur or arsenic content. By comparison with West Texas Intermediate, the benchmark standard for crude oil in the futures-contract market, the Green River shale oil sulfur content ranges from near 0% to 4.9% (in average 0.76%), where West Texas Intermediate's sulfur content has a maximum of 0.42%. The sulfur content in shale oil from Jordan's oil shales may rise even up to 9.5%.


source: http://en.wikipedia.org/wiki/Oil_shale
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