Session Details

Technology: Shifting the upstream cost frontier

Tuesday, March 10

11:30 am - 12:30 pm

Technology and innovation continue to be the saving grace for oil and gas companies as they seek to assure shareholders of their ability to improve efficiency and embrace the opportunities emerging from growing data resources, advances in computing power, sensors, advanced analytics, and AI. Although strides have been made to reduce structural costs in both conventional upstream and unconventional projects, costs continue to grow. How will costs impact the viability of projects? How many innovations have truly reduced costs? How much more can innovation reduce project and operating costs? What interplay is needed among digital technologies, traditional E&P technologies, and changes in operational and organizational models to realize further gains?

Session Speakers
  • Pritesh Patel

    IHS Markit

    Executive Director, Capital Costs Analysis Forum

  • Leonardo Moreira de P. Junqueira

    Repsol

    Executive Director of Portfolio & Performance Exploration and Production

  • Antonio Pietri

    Aspen Technology, Inc.

    President & Chief Executive Officer

  • Judson Jacobs

    IHS Markit

    Executive Director, Upstream Technology, Energy

  • Gustavo Baquero Méndez

    Equinor

    Senior Vice President Operations Technology Excellence, Development & Production International