WHO WILL YOU MEET
Meet Senior Decision Makers From:
- Colombian Oil & Gas Shale Producers
- North American Unconventional Oil & Gas Majors
- Colombian Ministry of Mines & Energy
- Latin American Oil & Gas Companies
- Leading Conventional Operators In Major Colombian Oil & Gas Plays
- Research Institutes
- American E&P Companies
- Canadian E&P Companies
- Leading Technology Suppliers
- Expert Service Providers
- Geological Institutes & Associations
With The Following Job Titles:
CEOS, SVPs, COOs, VPs, Directors, Managers & Team Leads Of...
- New Ventures
- Supply Chain
- PR/Media Relations
- Reservoir Characterization Laboratories
- Reservoir Characterization Software Companies
- Reserve Estimation Auditories
- Completions Suppliers
- Proppant Suppliers
- Drilling Services
- Water Treatment Services
- Water Disposal Services
- Water Recycling Services
- Environmental Consultancy For Unconventional Oil & Gas
- PR Consultancy (Oil & Gas Specialized)
Shale Colombia 2014
The mission of Shale Colombia 2014 is to determine the next steps towards the commercialization of unconventional oil and gas development for the country.
Colombia's original and most established shale congress hosted over 300 of the most influential people in the oil and gas industry in 2013 and is now returning with a brand new updated agenda. The event will host case studies from some of the pioneers in Colombian development, using the latest reservoir data, fiscal updates and global shale technology case studies, to evaluate the real potential Colombia holds for unconventional development.
DETERMINING THE POTENTIAL OF TIGHT OIL AND SHALE GAS PRODUCTION COLOMBIA
Following tightening energy regulations in Argentina, Colombia has been highlighted as the most prospective unconventional oil and gas opportunity within Latin America and is now rapidly attracting increasing levels of exploration work, reservoir studies and global investment. Colombia, globally renowned in the energy industry for having a more supportive oil and gas regulatory framework than any of its neighbors, is one of the oldest and most established conventional oil and gas industries across Latin America. The emergence of the unconventional industry now not only holds phenomenal geological opportunity; it holds the potential for significant and potentially unprecedented commercial opportunities for the E&P companies and investors that pioneer it's development.
The Colombia shale industry is still in very early stages of development however with significant clarity still to be gained in on how conventional environmental and fiscal regulations will evolve to include unconventional, the technical costs of exploitation and of course hydraulic fracturing service and supply chain availability.
CHARACTERIZING THE RESERVOIR
With an incredibly complex structural geology, it is fundamental to get a deeper understanding of the reservoir through characterization data from Colombian basins and formations. Additionally, hearing case studies from more advanced shale countries on how the latest petrophysical, geochemical and seismic tools and advanced research methods can contribute to more accurate and faster estimates on technically recoverable volumes and quality of the resources in place, is crucial.
COLOMBIA'S UNCONVENTIONAL BASINS COVERED IN THE CONGRESS
HOW CONVENTIONAL REGULATIONS WILL EVOLVE TO SUPPORT UNCONVENTIONAL DEVELOPMENT
Final environmental regulations specific to shale operations are yet to be issued in Colombia. Shale Colombia 2014 will partner with ANLA (the National Environmental Permitting Authority) to define how these will impact project economics for shale operations in Colombia, along with a thorough analysis on how fiscal incentives from the ANH will contribute to development in terms of generating interest from national and international investors in the country.
DRIVING DOWN THE COSTS AND ENSURING THE AVAILABILITY OF WELL SERVICES
The commercial success of shale operations in Colombia also depends critically upon the availability and economic viability of economically viable drilling and completions service equipment. To enable this, it is vital that equipment supply chain and cost optimization strategies for drilling and completions and water management are developed.
KEY LEARNING TOPICS OVER THE TWO-DAY AGENDA INCLUDE:
- ENVIRONMENTAL REGULATIONS: Hearing how the ANLA plan to expand oil and gas regulations into the unconventional industry to gain certainty on how new policies will impact project economics
- FISCAL INCENTIVES: Examining ANH's policies on unconventional royalties and land ownership to understand how fiscal incentives will work for early shale development in Colombia
- COST OPTIMIZATION: Predicting equipment, completions and production costs to determine the overall economical viability of commercial shale production in Colombia
- SERVICE AVAILABILITY: Examining what synergies need to be achieved to decrease drilling, proppant and fracturing costs and make unconventional exploitation economic in Colombia
- HOW TO CHARACTERIZE UNCONVENTIONAL RESERVOIRS: Comparing tools and methods for characterizing reservoirs in formations where conventional methods don't work
- LESSONS FROM ARGENTINA AND THE US: Examining reservoir characterization technologies being applied in developed shale countries for interpreting data and modeling unconventional reservoirs to assess what could be applied in Colombia
- REGIONAL GEOLOGICAL CHARACTERIZATION: Assessing the key petrophysical, geochemical and lithological parameters of the Middle Magdalena, Oriental Cordillera, Llanos and César-Ranchería to estimate reservoir volumes and identify sweet spots for development
- WATER MANAGEMENT AND COMPLETIONS STRATEGIES: Looking at how the latest techniques for water sourcing, treatment, disposal, hauling and recycling can ensure safety and cost-efficiency in shale operations in Colombia
The Colombia Shale 2014, Unconventional Oil & Gas Development Congress follows the success of Latin America's most established E&P-led unconventional development conference in Argentina in January 2012. The symposium attracted over 400 delegates from national operators and international companies including operators, investors and service providers.
Now Is The Time To Ascertain What Is The Real Potential Of Unconventional Oil & Gas In Colombia
As time goes by, both Colombian and international operators interested in the country's shale opportunities are expecting the Government's final word on what will be the limits of unconventional exploration and production with regards to environmental regulations. It is still not possible to define a reliable cost structure when the impact of environmental regulations on project economics is yet to be known. Moreover, operators are currently trying to understand how to make drilling and completions and water management strategies economically viable in the country, as well as gain a deeper understanding of what is the real geological potential of Colombian basins like the Middle Magdalena or the Oriental Cordillera.
For this reason, Shale Colombia, Colombia's only and most established unconventional oil & gas congress (hosting over 300 of the most influential people in the oil and gas industry in 2013), will provide Colombian and international operators and suppliers with the only E&P-led forum exclusively focused on the development of the unconventional oil & gas industry in Colombia. The agenda has been 100% designed to ascertain whether economically viable shale operations are possible in Colombia and for determining strategies for ensuring commercially viable shale development.
SHALE COLOMBIA 2014 IS THE ONLY E&P-LED CONFERENCE FOCUSED EXCLUSIVELY ON THE DEVELOPMENT OF UNCONVENTIONAL HYDROCARBONS IN COLOMBIA
KEY TOPICS DISCUSSED INCLUDE:
FISCAL INCENTIVES: The congress will examine the ANH's policies on unconventional royalties and land ownership to understand how fiscal incentives will work for early shale development in Colombia
COST OPTIMIZATION: E&P companies from across shale producing regions will join to predicting equipment, completions and production costs to determine the overall economical viability of commercial shale production in Colombia
SERVICE AVAILABILITY: Influential industry speakers will examine what synergies need to be achieved to decrease drilling, proppant and fracturing costs and make unconventional exploitation economic in Colombia
HOW TO CHARACTERIZE UNCONVENTIONAL RESERVOIRS: Experts from the US and Argentina will compare tools and methods for characterizing unconventional reservoirs in formations where conventional methods don't work
LESSONS FROM ARGENTINA AND THE US: Speakers will examine reservoir characterization case studies from developed shale countries to explain how interpretation of data and modelling of unconventional reservoirs can be achieved in Colombia
REGIONAL GEOLOGICAL CHARACTERIZATION: Early exploration case studies will be examined to assess the key petrophysical, geochemical and lithological parameters of the Middle Magdalena, La Luna, Oriental Cordillera, Catatumbo, César-Ranchería, Higher Magdalena Valley and Lower Magdalena Valley to estimate reservoir volumes and identify sweet spots for development
WATER MANAGEMENT AND COMPLETIONS STRATEGIES: Speakers will look at how the latest techniques for water sourcing, treatment, disposal, hauling and recycling can ensure safety and cost-efficiency in shale operations in Colombia
"Presenters were very good and a high level of discussion was achieved."