Shale: A Case for Innovation
When
April 7, 2014
Hamilton Brook Smith Reynolds was pleased to have been a sponsor of the MIT Enterprise Forum event on "Shale: A Case for Innovation," held on April 7, 2014.
MIT Energy Circle Event Description:
"Shale energy has been the biggest innovation in the energy industry this century. Surprised? Surging production of US’s shale energy is igniting economic revival in the U.S. while the world is watching America’s success. The global oil shale market is expected to be US$12 billion by 2015, with an estimated yearly growth of 8% from 2015 to 2030. It has moved the U.S. market from a net importer a just few years ago to a potential exporter in the very near term.
Tapping into this new source of energy could not be possible without breakthrough technological innovation. Disruptive technology has and will continue to dramatically alter the practices — including business practices — in place today. For example, better reservoir characterization and shale production tracking will enhance well performance. Improved micro seismic monitoring, new sensor technologies, and nano-devices create greater production efficiencies with less environmental impact."
Join MIT to hear the players who are driving the cutting-edge research discuss the challenges facing the industry, as well as the latest developments in technology and innovation.
The panelists come from all facets of the upstream business: from energy companies and service providers who are spending billions of dollars annually on research; to VCs and start-ups who are financing and bringing successful innovation to market.
In this candid conversation, you will learn:
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Complex geology of shale compared to conventional
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Tech advancements changing the fossil fuels game
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Changing business models due to differences in exploration investments
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New technological approaches to increase levels of hydrocarbon retrieval
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How material science, chemistry and engineering are a bridge to the new frontier
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Role of big data and the importance of data management
Energy Circle Chair, Keith Wood, Associate at Hamilton Brook Smith Reynolds, will be giving opening remarks.
Speakers:
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Daniel Codazzi, Research Director for Sensor Physics at Schlumberger-Doll Research
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Dennis R. Costello, Managing Partner, Braemar Energy Ventures
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John M. Gilmore, Jr, Director, Upstream Oil & Gas, Invensys Operations Management a unit of Schneider Electric
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Jonathan Kane, Shell-MIT Liaison, Shell
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Dr. Michael Pavia, Chief Technology Officer, Glori Energy
Moderator:
- Henri Daher, Independent Oil & Gas Researcher
To learn more, please visit the MIT Enterprise Forum website.
