2015 DUG Midcontinent Conference Agenda
See below for the 2015 conference agenda. To download a presentation, click the speaker's name and enter the username and password you received via email following the event. Your log-in credentials are only applicable to this conference and may only be used by registered attendees.
February 25, 2015
Opening Keynote: Devon's Midcontinent Plans
Devon Energy, based in Oklahoma City since its founding in 1971, invests its exploration and production capital in many of the most prolific onshore plays in North America. The company will discuss its 2015 plans in the midcontinent and across its oil and gas portfolio, given the challenges currently facing the energy industry.
M&A Panel: Midcon Deal Environment
As development of the Midcontinent’s many payzones continues with lateral wellbores, operators are adopting differentiated strategies as scalable opportunities diminish. Here’s a breakdown of prices being paid for the myriad asset types and operators’ outlooks for growing their positions.
Operator Spotlight: Cleveland Sandstone – The Evolution of a World Class Resource Play
A Midcontinent producer since 1988, Jones Energy discusses its long history in the region, having drilled over 500 horizontal wells across nine target formations. Jones will discuss the evolution of its current primary target formation, the Cleveland play, outlining how key changes in drilling and completion techniques over time have impacted well results.
Midcontinent Economics Panel: It's Complicated
From the Texas Panhandle to the Arkoma Basin and from southern Oklahoma into Kansas, the number of payzones is astonishing. Drilling results vary by zone, the orientation of landing within formations, geography, completion and operator. This panel of experts will break it down—from D&C cost to EUR.
Operator Spotlight: How STACK Is Stacking Up
The "Sooner Trend, Anadarko (Basin), Canadian (and) Kingfisher (counties)" play northwest of Oklahoma City targets the Woodford as well as Mississippian-age shales. The Sooner Trend Field has produced nearly 500 million barrels of oil since its discovery in 1945. Find out what's possible now from the Woodford there as well as from the overlying Meramec and in Newfield's Springer-shale and SCOOP windows.
Big-Picture Spotlight: How The Midcontinent Is Transforming U.S. Oil Markets
The home of the Cushing hub, Midcontinent oil production has grown to more than 500,000 barrels a day from 240,000 in June 2005. Here's how it—and other new U.S. oil production—is reaching refiners and, potentially, the global market.
Midstream Panel: End Markets For Midcontinent Crude & NGLs
U.S. refiners are swiftly responding to new U.S. light crude coming onstream. Here's a look at new projects, expansions and upgrades that seek to make good use of Midcontinent oil as well as its bounty of gas liquids.
Operator Spotlight: Marathon Oil's STACK, SCOOP & More
With a 70-year history in the state, Marathon Oil Corp.’s Oklahoma resource position includes more than 300,000 net acres in some of the state’s most dynamic plays. Its unconventional Oklahoma production averaged 19,000 net BOE/d during third-quarter 2014, up 27% from a year earlier, as a result of new stimulation techniques and well-completion designs.
Panel: Upstream R&D In The Midcontinent
Experimentation with drilling fluid and research into the source of increased seismic events in Oklahoma are discussed here.
February 26, 2015
Opening Spotlight: Expansions, Pipelines & Markets
Operators continue to develop and add new oil and gas market opportunities along the Gulf Coast, and export projects continue to expand the overseas market for growing U.S. supplies. Here's a look at current demand and where future Midcontinent gas, crude, condensates and NGL's will be put to use.
Technical Roundtable: Drilling, Completing & Producing The Midcontinent
Findings on well density, frac-stage spacing, proppant recipes, lateral length, landing zones and more understanding of the Midcontinent’s many productive formations are discussed by leaders in technology development and field use.
Spotlight: Private-Equity-Backed Midcontinent Exploitation
With a newly raised, third, $1.5-billion fund, Sheridan Production plans to continue to focus on transactions in the Midcontinent area. Since being formed in 2006, the mature-basin exploiter has closed eight acquisitions for a total of $5.2 billion and produces 34,000 BOE/d, net, 97% operated, in Oklahoma, New Mexico, Texas and Wyoming. Here is a look at its Midcontinent portfolio and its plans.
Spotlight: The Remarkable Marble Falls
The Marble Falls play in the Fort Worth Basin and Bend Arch is producing new, highly economic, oil- and NGL-rich (60%) pay from vertical wells with modern completions. More than 700 new wells have been drilled since 2007 and the play is on track to see >300 new wells in 2014 alone. Learn how this producer is doing it.
Midstream Spotlight: The Build-out Of The SCOOP
Velocity Midstream Partners is building a crude oil gathering and transportation system in the fairway of the prolific SCOOP play, and it is signed on powerhouse operator Continental Resources Inc. as its customer. The new system will gather crude oil in Grady, Stephens, Garvin, and McClain counties, and provide transportation and interconnections to downstream pipelines with direct access to Cushing.
Closing Keynote: Demand Growth That's Under Way For U.S. Natural Gas
Growth in prices for U.S. natural gas remains inhibited by fuel-switching capacity, slow growth in non-weather-related demand, easy ramp-up production capacity from shales and that North American gas supply is mostly a stranded asset. But new industrial demand, LNG-export capacity, exports to Mexico and other developments in the coming few years should make new markets for U.S. producers' supply. Here's the outlook.