Coming to Americas

Abstract

The deepwater basins of the Americas have been among the most active and successful with discovered resources to date of over 100 billion boe. Some of the world’s most prolific hydrocarbon basins are located along the Americas margins. Considerable undiscovered potential remains, and prospects can be multi-billion barrels of oil in size. This paper will focus on deepwater hot spots in East Coast Canada, Gulf of Mexico, the Equatorial and Atlantic Margins, and Colombia. This paper will explore the factors that have contributed to building a successful deepwater sector – from access to exploration, from development to production. It highlights some of the common challenges operators face across the region, and best practice by governments and industry in handling these issues for sustainability in a highly cyclical oil and gas business. And, finally, this paper will set the stage for a panel discussion scheduled for 9.30am to 12.00pm, Wednesday, May 8, 2019 at the Offshore Technology Conference (OTC). The panelists are oil company executives representing independents, integrated oil companies and national oil companies along with service providers as follows: Erik Oswald, VP Americas, ExxonMobil ExplorationCindy Yeilding, Senior VP, BP AmericasCarlos Portela, President, Ecopetrol AmericaTim Duncan, CEO, Talos EnergyLiz Schwarze, VP Global Exploration, ChevronChris Golden, Senior VP, EquinorJulie Wilson, Director, Wood MackenzieSandeep Khurana, Senior Manager, Granherne