Houston – 2018

Location: Hotel ZaZa Memorial City
Presentations and speakers are subject to change.

Annual Summit, September 18, 2018

Morning sessions

TimePresentation
8:30 – 9:00Registration and coffee
9:00 – 9:10Welcome speech
Jarand Rystad, Founding Partner and CEO, Nick Livingstone, Head of Americas
9:10 – 9:40Oil markets: a tight market and higher prices in the short term lay the foundation for a new investment cycle
Bjørnar Tonhaugen, Head of Oil Market Research
9:40 – 10:05US oil production outperforms most optimistic projections again: how soon can we see 12 million bpd?
Artem Abramov, Head of Shale Research
10:05 – 10:35The outlook for the international gas market and understanding the impact of renewables
Carlos Torres-Diaz, Head of Gas Market & Renewables Research
10:35 – 10:50Coffee break and networking
10:50 – 11:20Rystad Energy's medium to long-term outlook of the oil market – A System Dynamics Approach
Jarand Rystad, Founding Partner & CEO
11:20 – 12:05Panel discussion
12:05 – 12:45Lunch

Afternoon sessions

Session 1: Unconventionals

TimePresentation
12:45 – 1:05Outstanding horsepower additions: have we already overbuilt capacity?
Ryan Carbrey, Senior Vice President Shale Research
1:05 – 1:25In-basin sand from West Texas: latest update and model replication in other plays
Thomas Jacob, Senior Analyst
1:25 – 1:45Water management services: Permian deep dive
Ben Stewart, Vice President Shale Research
1:45 – 2:00Shale markets panel discussion
2:00 – 2:20Break and networking
2:20 – 2:55Permian Basin is on its way to consolidation: significant recent deals and future potential
Veronika Akulinitseva, Senior Analyst
2:55 – 3:20Machine-learning methods as an alternative to decline curves for well production forecasting
Alexandre Ramos-Peon, Senior Analyst
3:20 – 3:45Best practices in shale: which operators are getting the best results?
Alisa Lukash, Senior Analyst
3:45 – 4:10North America midstream: breaking down the bottlenecks
Jai Singh, Principal Consultant
4:10 – 4:35US shale gas: Appalachian and Haynesville update
Artem Abramov, Head of Shale Research

Session 2: Conventionals and offshore

TimePresentation
12:45 – 1:10Gulf of Mexico: can it attract investments?
Jon Marsh Duesund, Head of Americas Consulting
1:10 – 1:35Latin America: a region on the rise
Aditya Ravi, Senior Upstream Analyst
1:35 – 2:00Company performance: which E&P companies are delivering the best results?
Alisa Lukash, Senior Shale Analyst
2:00 – 2:20Break and networking
2:20 – 3:05The oilfield service recovery: unsustainable or controlled?
Audun Martinsen, Head of Oilfield Service Research
3:05 – 3:50Offshore is back: the drilling market has started its recovery
Oddmund Føre, Vice President, Oilfield Service Research
3:50 – 4:35Subsea 2.0: how does the new landscape look?
Lars Mikkel Reiersen, Senior Analyst

Recap and closing

TimePresentation
4:35 - 4:45Summary and closing
4:45 – 6:45Cocktail reception
7:00 – 9:00Client dinner

Client User Meeting, September 19, 2018

Welcome and Intro to Basics

TimePresentation
7:30 – 8:00Registration and coffee
8:00 – 8:10 Welcome
Nick Livingstone, Head of Americas
8:10 – 8:30How to use the client portal
8:30 – 9:00Introduction to the cube browser
9:00 – 9:20Efficient use of the cube browser
9:20 – 9:45Product developments: what's coming

Breakout Session 1: Unconventionals

TimeWorkshop
9:50 – 10:20Workflow: regional analysis and operator comparisons using ShaleWellCube
10:20 – 10:50Workflow: Basin evaluations using ShaleWellCube
10:50 – 11:20Workflow: Supply chain supply, demand and commercial pricing using ShaleIntel reports
11:20 – 11:50Workflow: Investor relations, company and peer metrics using ShaleWellCube, UCube and the Economic Model

Breakout Session 2: Conventionals

TimeWorkshop
9:50 – 10:20Workflow: Operations benchmarking: production and costs using UCube and DCube
10:20 – 10:50Workflow: Service company benchmarking: market share, exposure and pricing power analysis using DCube and SCube
10:50 – 11:20Workflow: Offshore rig markets contracting activity and utilization using RigCube
11:20 – 11:50Workflow: International drilling market trends and efficiencies using WellCube

Breakout Session 3: Market fundamentals

9:50 – 10:50Workflow: Oil market analysis using UCube, OMCube and the Oil Market Trend Report
10:50 – 11:50Workflow: Gas and LNG analysis using UCube, GasMarketCube (Pilot) and the Gas Market Report

Lunch and afternoon

11:50 – 12:00Recap and closing
12:00 – 1:00Lunch and open forum for feedback and discussion
1:00 – 4:00Product managers and research experts available for one-on-one sessions

Speakers

Jarand Rystad — Managing Partner & CEO

Jarand founded Rystad Energy in 2004 and is managing the company. Jarand has extensive experience in oil and gas strategy advisory work from McKinsey and Rystad Energy. He has led a number of strategy projects for international oil and gas companies and oilfield service companies. He has also worked with governments and international organizations on topics related to the global energy agenda, and he is advising investors on deal screening, transactions and portfolio management. He is among the most cited petroleum analysts in the industry and been the keynote speaker on numerous international conferences. His areas of expertise include E&P strategy, asset and company transactions, macro analysis and oil service industry analysis. Jarand has also worked for Kvaerner Engineering and as a research scientist within Industrial Economics, gaining wide expertise in statistics and programming. Jarand holds a M.Sc. degree in Physics from the Norwegian University of Science and Technology, where he majored with a thesis on astroseismology. He also has an academic background in philosophy, and has been the leader and founder of various organizations.

Nick Livingstone — Head of Americas

Nick joined Rystad in 2017 and is responsible for the overall business across the Americas. Nick has 20 years of experience in the oil and gas sector working in London and Houston across product development, analyst, business development and leadership roles. Prior to joining Rystad, Nick spent 13 years with Wood Mackenzie where he was SVP, Sales & Marketing responsible for expanding the company’s regional presence and revenues. He has worked with oil companies, NOCs, financial institutions and utilities all over the world and is now based in Houston. He holds a Bachelor’s degree in Economics from the University of Nottingham.

Bjørnar Tonhaugen — Head of Oil Market Research

Bjørnar is the Vice President of Oil Markets Research at Rystad Energy and co-manages the Markets Team. He is the company’s macro expert in oil markets with responsibilities spanning full oil coverage. He also works with the Upstream Research team to develop production forecasts and is involved in consulting projects. He holds a B.S.c. in Mechanical Engineering from the Oslo University College and an M.S. degree in Industrial Economics from the Norwegian University of Science and Technology.

Carlos Torres Diaz — Head of Gas Market and Renewables Research

Carlos is the Vice President of Gas and Renewables Markets Research at Rystad Energy. He and his team develop the gas and renewables coverage for the company and he frequently participates in related consulting work. Carlos holds a Bachelor in Civil Engineering from the Universidad Iberoamericana, an M.S.c. in Energy and Environmental Engineering from the University of Sheffield and an MBA from the University of Oxford.

Artem Abramov — Head of Shale Research

Artem is a Vice President of Shale Research at Rystad Energy with main responsibilities in analyzing upstream E&P data from governmental sources along with empirical research of well production profiles. Artem is the product manager for the NASWellCube, Rystad Energy’s NAM Shale well database. He holds an M.Sc. in Financial Economics from BI Norwegian Business School and a B.Sc. in Applied Mathematics with the Major in Statistics from the Novosibirsk State University, Russia.

Skip York — Head of Strategy and Market Intelligence, Petroleum at BHP Billiton

Skip York is the Head of Strategy and Market Intelligence, Petroleum for BHP where he is responsible for setting the strategic vision for BHP’s global portfolio of oil and gas assets. With over 20 years of worldwide experience across the energy value chain he has developed deep expertise in petroleum market economics and specializes in strategy and commercial optimization. Prior to joining BHP he spent a number of years developing relationships with senior executives as a trusted advisor at Wood Mackenzie, Charles River Associates International, and McKinsey and Company. He began his career with ExxonMobil in a variety of roles including strategic planning, business development and joint venture negotiations. He holds a PhD in Economics from the University of Virginia and did his undergraduate work in Economics and Philosophy at the University of Wyoming. He was selected Outstanding Energy Alumni from the School of Energy Resources at the University of Wyoming in 2012. He has published papers on a wide variety of topics including LNG market dynamics, local and national economic impacts of large-scale petroleum projects, and international capital tax competition.

Ryan Carbrey — Senior Vice President Shale Research

Ryan is the Senior Vice President leading the Shale Intel research team at Rystad Energy. He is responsible for overseeing the research covering North American shale, unconventional product development and related work in the consulting space. He holds a B.S.c. in Economics from Texas A&M University and an MBA from Rice University.

Thomas Jacob — Senior Analyst

Thomas is a Senior Analyst and contributes to Rystad Energy’s Shale Intel solution. Thomas has expertise and experience in North America unconventional oil and gas, market research/intelligence, strategy consulting and advisory services. As the lead analyst for the proppant market coverage in North America, he plays a major role covering the pressure pumping, oilfield water management and stimulation chemicals markets. He holds an M.S. in Operations Research and Industrial Engineering from The University of Texas at Austin and a B.Tech in Mechanical Engineering from VIT University in India.

Benjamin Stewart — Vice President Shale Research

Benjamin is a Vice President of Shale Research at Rystad Energy and is responsible for water coverage in the North America shale space. In addition to his research work, he often works with the consulting team covering relevant areas. He holds a B.S. in Finance from the University of Nebraska and an MBA and MPA from the University of Michigan.

Veronika Akulinitseva — Senior Analyst

Veronika is a Senior Analyst on Rystad Energy’s Global E&P Research team. Her responsibilities include the analysis of both conventional and unconventional activity in the upstream space with a regional focus on Russia and North america. She holds a B.S.c. in Management and International Business Economics from the University of Manchester and an M.S.c. in Economics and Business Administration from the Norwegian School of Economics.

Alexandre Ramos-Peon — Senior Analyst

Alexandre is a Senior Analyst on Rystad Energy’s Shale Research team. He is responsible for maintaining and developing data browsers for the company’s oil and gas databases in addition to analyzing well data. Alexandre holds a B.S.c. from Guanajuato in Mexico, a Master’s degree from Padova and Paris-Orsay and a PhD from the University of Bern in Switzerland.

Alisa Lukash — Senior Analyst

Alisa is a Senior Analyst on Rystad Energy’s shale research team responsible for the financial analysis of US shale E&Ps, asset sale modeling and company research. Prior to joining Rystad Energy, she worked as a market data consultant covering the global Investment Banks in London. She holds a B.A. in International Economics from Taras Shevchenko National University in Kiev and an M.S. in Finance from Hult International Business School in London.

Jai Singh — Principal Consultant

Jai Singh is a Principal Consultant at Rystad Energy and is responsible for executing consulting projects for clients in the Americas. Jai holds a BA in Economics from Brown University and an MBA from Columbia University.

Jon Marsh Deusund — Head of Houston Consulting

Jon Marsh is a Partner and Head of Rystad Energy’s Houston consulting practice. Jon is responsible for leading consulting projects out of Houston and has been with Rystad Energy for more than nine years. He holds a Master of Science in Industrial Economics from the Norwegian University of Science and Technology.

Aditya Ravi — Senior Analyst

Aditya is a Senior Analyst on the Global E&P team at Rystad Energy responsible for Latin America E&P operations coverage and the analysis of global oil and gas fiscal regimes. He holds a Bachelors in Petroleum Engineering from the University of Pune in Maharashtra, India.

Audun Martinsen — Head of Oilfield Service Research

Audun started at Rystad Energy in 2011. He is currently leading the Oilfield Service team and Product Manager of Rystad Energys oilfield service databases DCube and SCube. Audun earned a Masters degree in Marine Engineering from the Norwegian University of Science and Technology (NTNU) and University of Berkeley, California, and an Executive Master of Management Program within finance from BI. His previous work experience includes Coriolis, Shell and BW Offshore.

Oddmund Føre — Vice President Oilfield Service Research

Oddmund is a Vice President within Rystad’s oilfield services and offshore E&P spending division. His primary focus is on the analysis of the global offshore drilling market as well as the production and spending on the Norwegian Continental Shelf. He is also the product manager for RigCube, Rystad Energy’s rig demand & supply database covering all moveable rig activity for floaters and jackups globally. Oddmund holds a master’s degree in Financial Economics from the Norwegian Business School and a bachelor’s degree from the Naval Academy.

Lars Mikkel Reiersen — Senior Analyst

Lars Mikkel is an analyst on Rystad Energy’s oilfield service team responsible for examining supply for analysis in SCube. He holds a Master’s degree in Marine Technology with a specialization in Marine Hydrodynamics from the Norwegian University of Science and Technology.