Americas – 2020

Our Americas Virtual Annual Summit agenda has now been finalized. The full agenda with speakers can be found below. Please kindly note that Client User Meeting is postponed until further notice.

Annual Summit, 10:00 - 12:00 CDT, September 22, 2020

Plenary

Time - CDTPresentation
10:00 – 10:30Opening: Covid-19 outlook & Energy Transition
Jarand Rystad, Founding Partner, CEO
10:30 – 11:00Macro Fundamentals Outlook
Oil Fundamentals
• Demand: How far are we along the recovery path and what does the future hold?
• Supply: Tapering of monster cuts and structural impacts on supply capacity
• Balances and Price: Path to rebalancing and foundations for the next price cycle
Bjørnar Tonhaugen, Head of Oil Market Research

Gas Fundamentals
• Global Market Review and Outlook
• US Market Outlook
• US LNG project outlook
Sindre Knutsson, Vice president - Gas Market Research

Breakout Session 1: Conventionals

Time - CDTPresentation
11:00 – 11:15Global E&P
• Global E&P updates, how has the COVID-19 changed the market
• Regional deep dive into S. America and Canada
• Emissions: who are performing the best
Aditya Ravi — Vice President, Upstream Research
11:15 – 11:30How the supply chain take on the 2020s energy service market
• What is the outlook for the oilfield service market post COVID-19?
• The emerging need for digital and automation services
• How suppliers are diversifying into greener energy markets
Audun Martinsen, Partner & Head of Energy Service
11:30 – 11:45Cost compression and performance post Covid-19
• Another downturn, can the lemon be squeezed further in terms of price
• Any changes in cost competitiveness between sources of supply
• Cost estimating and contract strategies next five year, any pressures on cost in a upcycle?
Matthew Fitzsimmons, Vice President, Energy Service
11:45 – 12:00Big Oil: From Supermajor to Supercharger
• Can E&P companies achieve their renewables targets?
• Hydrogen wars – will E&P firms dominate renewable exports?
• Crude strategies – we look at the emerging technologies of choice
Gero Farruggio, Head of Global Renewables

Breakout Session 2: Unconventional

Time - CDTPresentation
11:00 – 11:15Will we ever see US producing 13 million bpd again?
• Oil curtailments are behind us – how much US production did we really lose?
• Latest drilling and fracking trends, implications for oil production in 2021
• Medium-term US oil outlook and sensitivity to the elections result
Leslie Wei, Vice President – Research E&P
11:15 – 11:30Is growing optimism among US gas market participants justified?
• Latest gas activity and production trends: Appalachia, Haynesville, Permian
• Are we approaching structural domestic supply deficit?
• Will US LNG market recover already next year?
Artem Abramov, Partner & Head of Shale Research
11:30 – 11:45US E&P company deep dive and benchmarking
• Financial update: Chapter 11, public capital, debt and cash flow balance trends for oil & gas companies
• Top performers in operational dimension: productivity, completion efficiency, well economics
• M&A outlook
Alisa Lukash, Senior Analyst
11:45 – 12:00US Oilfield Services: Surviving in the new decade
• Future service demand scenarios and sensitivity to oil and gas prices
• Implications for completion services: will pressure pumping and proppant markets still be oversupplied in 2021?
• Key trends for water management services and onshore drilling segment
Thomas Jacob, Vice President - Research

Speakers

Jarand Rystad — Managing Partner and 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.

Bjørnar Tonhaugen — Partner and Head of Oil Market Research

Bjørnar is the Head 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.

Artem Abramov — Partner and Head of Shale Research

Artem is the Head 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 North America 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.

Matthew Fitzsimmons — Vice President, Oilfield Service Research

Matthew Fitzsimmons is Vice President for Cost Analysis at Rystad Energy in the Oilfield Service Department. He heads the Rystad Energy Services Price Index and Rystad Energy’s Oilfield Services Analytics products. Prior to joining Rystad Energy, Matt spent nearly eight years at ExxonMobil evaluating and managing cost analysis projects around the world. 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.

Sindre Knutsson — Vice President

Sindre Knutsson is Vice President in Rystad Energy’s markets team with focus on global natural gas and LNG. He is the responsible for the development of Rystad Energy’s Gas Solutions service providing data and analyses on global natural gas markets and fundamentals.

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.

Gero Farruggio - Head of Australia and Global Head of Renewables

Gero Farruggio graduated from MEng in Mechanical Engineering, Imperial College London & MBA Edinburgh University. He started his career at Schlumberger, where he demonstrated the commercial value of geosteering technology in Venezuela and Nigeria, publishing a selection of papers on innovations for the optimisation of horizontal oil wells. He then spent 16 years at Wood Mackenzie, as Director of Wood Mackenzie Australia Pty Ltd and responsible for Americas and APAC Upstream research. In November 2017 Rystad Energy acquired Sustainable Energy Research Analytics (SERA) where he was Managing Director specialising in renewable energy research and advisory.

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.

Leslie Wei — Vice President E&P

Leslie joined Rystad Energy in 2012. Her main responsibilities include leading the shale E&P team and following unconventional activities in North America. She holds an M.A in economics from the UC Santa Barbara, USA, and a B.A. in Economics from the Pennsylvania State University, USA.

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 - Partner and Head of Energy Service

Audun started at Rystad Energy in 2011. He is currently leading the Energy Service team and Product Manager of Rystad Energy’s oilfield service databases DCube and SCube. Audun earned a Master’s 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.