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Heiland/ Van Tuyl Joint Lecture: Greg Leveille, ConocoPhillips
September 10, 2019 @ 4:00 pm - 5:00 pm
Greg Leveille, ConocoPhillips
Marquez 126, 4-5PM
Journey Through Subsurface Data Analytics
Abstract: As recently as ten years ago, unconventional reservoirs were believed by most E&P industry participants to be marginal targets – destined to deliver single digit recovery factors and being unable to compete against conventional reservoirs on a cost of supply basis. History has proven that this view was horribly pessimistic, with technological advancements and innovative uses of existing technologies having propelled unconventionals to the top of almost every North American E&P company’s portfolio. This talk will discuss the main drivers behind this remarkable transformation (with special emphasis on the importance of data analytics) and will also speculate on what additional advancements are likely to be achieved from traditional E&P technologies as well as from data analytic and other digital solutions.