London – 2018

Location: Courthouse Hotel Shoreditch, 335-337 Old St, London EC1V 9LL

Client User Meeting October 3, 2018

Afternoon sessions
Session 1

TimePresentation
13:00 - 13:10Welcome speech
Markus Nævestad, Head of London Office
13:10 - 13:30How to use the client portal
Erik Means, Head of Analytics
13:30 - 14:00Efficient use of the Cube browser: tips & tricks
Pål Sekkelsten Østby, Client Analyst
14:00 - 14:30New products: WellCube, SubseaCube (pilot), GasMarketCube (pilot), OilMarketCube
Nils-Henrik Bjurstrøm, Senior Project Manager
14:30 - 15:00New maps and updates to our upstream products
Espen Erlingsen, Head of Upstream Research
15:00 - 15:30Coffee break and mingling

Session 2

TimePresentation
13:00 - 13:10Welcome speech
Julia Weiss, Head of Marketing
13:10 - 13:30New products: WellCube, SubseaCube (pilot), GasMarketCube (pilot), OilMarketCube
Nils-Henrik Bjurstrøm, Senior Project Manager
13:30 - 14:00Introduction to UCube Economic Model use with case study
Aditya Ravi, Senior Analyst
14:00 - 14:30How to use the client portal
Erik Means, Head of Analytics
14:30 - 15:00Introduction to SubseaCube (pilot)
Audun Martinsen, Head of OFS Research
15:00 - 15:30Coffee break and mingling

15:30 - 17:00Meet our product managers and senior experts in one-on-one sessions to discuss industry topics or engage in advanced training during the afternoon.

Session 3: Upstream Solutions

TimeWorkshop
15:30 - 16:15Upstream Solutions & UCube: Case study introductionary/intermediate use, includes methodology
Alisa Lukash, Senior Analyst
16:15 - 17:00Upstream Solutions & UCube: Case study advanced use, includes methodology
Aditya Ravi, Senior Analyst
15:30 - 17:00Work Stations Upstream: Meet in a private or small group environment to discuss the industry and use the tools

Session 4: Oilfield Service Solutions

TimeWorkshop
15:30 - 16:15Oilfield Service Solutions: Case study and methodology
Oddmund Føre, VP Oilfield Service Research
16:15 - 17:00Oilfield Service Solutions and DCube: Case study advanced use, includes methodology
Matthew Fitzsimmons, VP Oilfield Services
15:30 - 17:00Work Stations Oilfield Services: Meet in a private or small group environment to discuss the industry and use the tools

Session 5: Shale Solutions

TimeWorkshop
15:30 - 16:15Shale Solutions: Case study introductionary/intermediate use, includes methodology
Teodora Simionel, Analyst
16:15 - 17:00Shale Solutions and ShaleWellCube: Case study advanced use, includes methodology
Lai Lou, Senior Analyst
15:30 - 17:00 Work Stations Shale: Meet in a private or small group environment to discuss the industry and use the tools

Recap and closing

TimeWorkshop
17:00 - 17:30Feedback of the products, the day today and support
17:30 - 17:35Summary
17:35 - 18:30Cocktail hour
19:00 - 22:003-course dinner for clients

Annual Summit October 4, 2018

Morning sessions

TimePresentation
8:30 - 09:00Registration and Coffee/Breakfast
09:00 - 09:10Welcome speech
Jarand Rystad, CEO, Markus Nævestad, Head of London Office
9:10 - 9:35Oil markets: a tight market and higher prices in the short term lay the foundation for a new investment cycle
Bjørnar Tonhaugen, Vice President Oil Markets
9:35 - 10:00Gas and Renewables: The outlook of the international gas market and understanding the impacts of renewables at local level
Carlos Torres-Diaz, Vice President Gas & Renewables
10:00 - 10:25General Offshore: The offshore recovery – signs of a super cycle or just a short-term correction?
Audun Martinsen, Head of OFS Research
10:25 - 10:40Coffee break and Product demonstrations
10:40 - 11:05General Shale: US oil production outperforms most optimistic projections again: how soon can we see 12 million bpd?
Alisa Lukash, Senior Analyst
11:05 - 11:30Longer-term industry view: Rystad Energy’s medium to long-term outlook of the oil market – A System Dynamics Approach
Jarand Rystad, CEO
11:30-11:50The world should consume more natural gas
Guest Speaker: Tor Olav Trøim
11:50 - 12:30Panel Discussion between Tor Olav Trøim, Simon Davies (MUFG), Charles Furness-Smith (Lambert Energy Advisory), Carlos Torres-Diaz (Rystad Energy)
Moderator: Jarand Rystad
12:30 - 13:30Lunch break and Product demonstrations

Afternoon sessions
Room 1: Global

TimePresentation
13:30 - 13:55Shale Markets: An overview of the US land pressure pumping, proppant and water market
Artem Abramov, Vice President Shale Research
13:55 - 14:20The second wave of LNG projects: required investments to keep up with surging demand
Carlos Torres-Diaz, Vice President Gas & Renewables
14:20 - 14:45Company performance: which E&P companies are delivering the best results? Will shale produce higher returns than offshore?
Alisa Lukash, Senior Analyst
15:00 - 15:30Coffee break and Product demonstrations
15:30 - 15:55Offshore is back: the drilling market has started its recovery
Oddmund Føre, VP Oilfield Service Research
15:55 - 16:20Subsea 2.0: how does the new landscape look?
Audun Martinsen, Head of Oilfield Service Research
16:20 - 16:45Renewables: The power mix in Europe and the significance of wind power
Iben Fürst Frimann-Dahl, Analyst

Room 2: Regional

TimePresentation
13:30 - 13:55Value creation from exploration – an NCS review
Simon Sjøthun, Principal
13:55 - 14:20UKCS Outlook - Picking up the pace: Recent trends and what’s to come
Sonya Boodoo, Senior Analyst - Global E&P
14:20 - 14:45Outlook for North West Europe: Cost competitiveness and OFS Outlook – The North Sea vs International waters
Matthew Fitzsimmons, VP Oilfield Service Research
15:00 - 15:30Coffee break and Product demonstrations
15:30 - 15:55NCS player landscape
Andreas Øverland, Project Manager
15:55 - 16:20Middle East and Russia outlook
Espen Erlingsen, Head of Upstream Research
16:20 - 16:45Africa: Gas supply rises as operators tap on a decade of exploration successes
Aditya Ravi, Senior Analyst

Recap and closing

TimePresentation
16:45 - 17:00Summary
Markus Nævestad, Head of London Office
17:00 - 18:00Discussions and drinks at the hotel

Speakers

Jarand Rystad - Managing Partner & CEO

Jarand Rystad 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.

Markus Nævestad - Head of London Office

Markus Nævestad joined Rystad Energy in 2009. His expertise lies within oilfield services, including market strategy development, competitor analysis and company screening. Markus also has broad experience within E&P strategy analysis, including value creation analysis, competitor benchmarking, asset/company target screening and more. He has vast experience in working with private equity companies and oilfield service companies in strategic and commercial due diligence processes, both locally and globally. Markus is in charge of the team behind the Oil Service Report Norway. He holds a MSc in Industrial Mathematics from NTNU, Norway, with specialization in statistics, including work experience on risk analysis aimed at the oil industry.

Bjørnar Tonhaugen - Head of Oil Market Research

Bjørnar Tonhaugen 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.

Audun Martinsen - Head of Oilfield Service Research

Audun Martinsen is Head of Oilfield Service Research 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 Norwegian Business School. His previous work experience includes Coriolis, Shell and BW Offshore.

Carlos Torres Diaz - Head of Gas Market and Renewables Research

Carlos Torres Diaz 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 Abramov 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.

Oddmund Føre - Vice President Oilfield Service Research

Oddmund Føre is a Senior Analyst 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.

Matthew Fitzsimmons - Vice President Oilfield Service Research

Matthew Fitzsimmons is Vice President for Cost Analysis at Rystad Energy in the Oilfield Service Department. He is heading the Rystad Energy Services Price Index and Rystad Energy’s Oilfield Services Analytics products.
Prior to joining Rystad Energy, he spent nearly eight years at ExxonMobil evaluating and managing projects around the world. He performed cost analysis on mega projects in Australia and Eastern Canada, helped to successfully deliver mega projects in Western Canada, and managed a portfolio of large projects in Eastern Russia. Most recently, Matt worked on Floating Liquefied Natural Gas (FLNG) projects for Golar LNG based out of Oslo, Norway.
He holds a Bachelor’s of Engineering degree from Stevens Institute of Technology (USA) and an Executive Master of Business Administration (MBA) in Global Markets from BI Norwegian Business School. He has also completed relevant industry courses from IE Business School (Spain), Nanyang Technical University (Singapore), UC Berkeley (USA), and University of North Carolina – Chapel Hill (USA) and over 800 hours of post-graduate industry training.

Simon Sjøthun - Project Manager

Simon Sjøthun is Principal with Rystad Energy with experience from E&P and oil field service projects. He is a key member of the Rystad Energy NCS Solution team and has extensive knowledge about upstream activities on the Norwegian Continental Shelf. Simon has also worked with valuation support, transaction activities and gas infrastructure assessments. He graduated from NHH and EM Lyon, France.

Alisa Lukash - Senior Analyst

Alisa Lukash 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.

Aditya Ravi - Senior Analyst

Aditya Ravi 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.

Sonya Boodoo - Senior Analyst

Sonya Boodoo is a Senior Analyst at Rystad Energy, responsible for research on E&P activity on the UKCS and development of the UKCS Business Development Solution. Prior to joining the company Sonya has worked as a geologist and economist for both E&P companies and consulting firms. She holds a BSc. in Petroleum Geoscience from the University of the West Indies and MSc. in Energy Economics from the University of Dundee.

Iben Fürst Frimann-Dahl - Analyst

Iben Fürst Frimann-Dahl is an analyst in the gas and renewables team in Rystad Energy, and focuses on the long-term outlook for gas and LNG, in addition to developments within global renewables. In Rystad Energy, she has been a part of projects covering relevant topics such as the European gas market and growth in the offshore wind industry. Iben holds a M.Sc. in Economics and Business Administration from NHH – Norwegian School of Economics in Bergen.

Andreas Øverland - Management Consultant

Andreas Rinde Øverland is a project manager with Rystad Energy. He has experience in supporting E&P transactions, strategy development, market assessment and commercial due-diligences. Andreas is a key member of the Rystad Energy NCS BD Atlas Team and was also behind the development of the UCube Economic Model. He holds an M.Sc in Economic Analysis from the Norwegian School of Economics (NHH) and an B.Sc. in Computer Science from the University of Bergen.