supply chain cost control for unconventional oil & gas congress

The Only Dedicated Forum For Supply Chain, Procurement & Logistics Professionals Working In Unconventional Oil & Gas Plays

Rationalizing Supplier Selection, Measuring Supplier Performance,Effectively Structuring Contracts, Negotiating With Suppliers & Forecasting Service Requirements

To Drive Down Supply Chain CostsFor Unconventional Oil & Gas Projects To HelpEnsure They Remain Economical DuringTimes Of Oil Price VolatilityProviding Supply Chain, Procurement & Logistics Professionals With The ToolsTo Ensure Costs Stay Aligned With Revenues During Periods Of Low Oil Prices

March 31- April 1, 2015 | Houston | Texas

Geoffrey Tonini Senior Manager, Supply Chain Hess Corporation

Expert Insight From 20+ E&Ps Including:

M Follow us @UnconventOilGas

www.shale-supply-chain-cost-control.com

Register By FridayJanuary 30, 2015

SAVE $400

• SUPPLIER RATIONALIZATION & MEASURING SUPPLIER PERFORMANCE: Reducing supply chain costs for unconventional oil & gas operations by developing reliable criteria for selecting cost-effective vendors & measuring their performance to ensure it meets contracted targets

• SUPPLIER NEGOTIATION STRATEGIES: Understanding how to utilize leveraging strategies, optimize contract structures & manage supplier relationships to control supply chain costs on unconventional oil & gas projects

• SUPPLY CHAIN FORECASTING & BUDGETING: Identifying tools & techniques for forecasting service requirements, availability & prices to save money by creating a supply chain strategy & budget that is responsive to fluctuations in oil prices & service availability

• REDUCING TRANSPORTATION & LOGISTICS COSTS: Improving trucking efficiency, accurately tracking inventory & optimizing equipment storage space to reduce supply chain costs for unconventional oil & gas operations

• EXAMINING EQUIPMENT-BY-EQUIPMENT, MATERIAL-BY-MATERIAL COST

REDUCTION OPPORTUNITIES: Identifying strategies for reducing unconventional supply chain costs at every stage of unconventional oil & gas projects from drilling through to completions & production focusing on:

• OCTGs •DrillingRigs •CompletionsEquipment •ProductionEquipment

Gordon Murray Global Category Manager Marathon Oil

Tom Longmire Vice President PSCM, CPO US L48

Len Hudema Transportation and Logistics Management, Contracting Statoil Canada

Scott Prince Manager of Sourcing and Category Management EP Energy

Kelechi Ofoegbu Supply Chain & Nigerian Content Manager/Head of C&P Afren

Wade Cosgrove Procurement and Supply Chain Specialist MD America Energy, LLC

Jim Barker Vice President, Supply Chain Western Hemisphere Occidental

The first dedicated conference for supply chain, procurement and logistics professionals at operators working in unconventional plays, focusing on:

Organized By:

Register By FridayJanuary 30, 2015

SAVE $400

www.shale-supply-chain-cost-control.com (1) 800 721 3915 [email protected]

With oil prices recently falling to a 5-year low, E&Ps are under increasing pressure to determine ways of controlling the costs of their unconventional oil and gas operations. One of the key opportunities for cost reduction lies in the supply chain. Supply chain departments at operators working in unconventional plays are now reevaluating their supply chain strategies at every stage to see what steps they can take to reduce the costs incurred by suppliers, materials and equipment and find solutions for controlling costs. This will involve restructuring contracts, setting new performance KPIs for their suppliers, improving the efficiency of transporting equipment to the well site and developing new procurement strategies for high-cost materials and equipment.

The Supply Chain Cost Control For Unconventional Oil & Gas Congress is the first ever event designed specifically for supply chain, procurement and contracts experts working in tight oil and shale gas plays. Consisting 100% of E&P case studies, the event will provide cost reduction opportunities that respond to supply chain challenges specific to unconventional oil & gas operations. Attendees will walk away with actionable solutions for reducing the cost of their supply chains to help the, respond to the current low oil prices.

Speakers at the event will explain step by step strategies they have applied to manage supply chain costs on unconventional oil & gas operations by looking at rationalizing supplier selection, measuring supplier performance, managing supplier relationships, examining different contract structures, improving supply chain forecasting, harnessing transportation efficiencies and employing strategies for sourcing high-cost materials across drilling, completions and production.

For supply chain, procurement and logistics professionals at operators in unconventional plays, it is an unmissable opportunity to ensure you remain economical in times of oil price volitality.

WHAT’S UNIQUE ABOUT THIS EVENT?Dedicated To Supply Chain, Procurement & Logistics Job Functions:

The only event designed 100% for supply chain, procurement & logistics professionals who are working for E&Ps in unconventional oil & gas plays

100% Focused On Cost Control:

The first ever event 100% focused on cost control for unconventional oil & gas supply chains, which is the crucial issue in the current climate of low oil prices

Operator Led:

The only supply chain event for the unconventional oil & gas industry to be 100% led by E&P opeators

Covering Every Key Part Of The Unconventional Oil & Gas Supply Chain:

The first event to provide a comprehensive breakdown of solutions for every key part of the unconventional oil & gas supply chain looking at everything from rationalizing supplier selection, measuring supplier performance and managing supplier relationships to examining different contract structures, improving supply chain forecasting and harnessing transportation efficiencies

Specific Solutions For Each High-Cost Material, Equipment & Service:

The first event to examine equipment by equipment, material by material selection criteria for reducing supply chain costs for unconventional oil and gas operations, with specific cost reduction solutions for procuring OCTGs, rigs, pumping units, proppants and production equipment

The conference was well conceived in content and timely in its focus items

Chevron

It gave me a much better understanding of the market.

QTS - Quality Transporation Services

Day 1Tuesday March 31, 2015


8:30 Chairs opening remarksKEYNOTE: IDENTIFYING SUPPLY CHAIN COST REDUCTION OPPORTUNITIES

8:40 Identifying Where The Biggest Opportunities For Reducing Supply Chain Costs For Unconventional Oil & Gas Operations Lie To Determine Which Materials, Equipment & Services Should Be Prioritized For Cost Reduction Efforts•Determininghowoperatorsareidentifyinghighand

lowcostareasintheirunconventionaloil&gassupplychaintofindtheoptimaltargetsforcostreduction

•Evaluatingthetop5supplychainspendsforunconventionaloil&gasoperationstoidentifywhichhasthebiggestpotentialforreducingcost

•Explaininghowtocreateacost-modelforyourunconventionaloil&gasoperationsanduseittoidentifyopportunitiesforcostreduction

•Forecastingwhichareasoftheirsupplychainoperatorsseethebiggestopportunityforcostreduction,focusingonthecompletionsequipment,drillingrigs,OCTGandproductionequipmentsupplychains

•Understandingthedifferencebetweensupplychaincostcontrolforunconventionalandconventionaloperationstoidentifyspecificcostreductionstrategiesfortheshalesupplychain

9:10 Question & Answer Session

Supplier Rationalization & Measuring Supplier Performance

Reducing Supply Chain Costs For Unconventional Oil & Gas Operations By Developing Reliable Criteria For Selecting The Most Cost-Effective Vendors & Measuring Their Performance To

Ensure It Meets Contracted Targets

SUPPLIER RATIONALIZATION

9:20 Explaining How To Develop A Robust Set Of Criteria To Rationalize Picking One Supplier Over Another & Ensure You Select The Right Vendors To Help You Minimize The Cost Of Your Unconventional Oil & Gas Operations•Identifyingcriteriaforselectingequipmentand

servicesuppliersthathavebeenshowntobeeffectivespecificallyforunconventionaloperations

•Weighingupfactorsincludingpricing,qualityofserviceandexperiencetodeterminewhichisthemostimportantfactorinselectingalong-termpartnerforunconventionaloperations

•Understandinghowtoperformcommerciallook-backsafteranunconventionaloil&gasprojecthasbeencompletedtodetermineiftherightcontractorwasused

•Explainingthecrucialfactorswhichdeterminewhethertousingtier1,tier2ortier3supplierforagivenserviceonanunconventionaloilandgasprojectwilldelivertheoptimalcost-benefit

Tom Longmire, VP PSCM, US L489:50 Question & Answer SessionMEASURING SUPPLIER PERFORMANCE

10:00 Understanding How To Accurately Measure Supplier Performance On Unconventional Oil & Gas Projects To Track Whether You Are Extracting Maximum Value For Money During Times Of Lower Oil Prices•DetermininghowtocreateasetofKPIsspecificto

unconventionaloil&gasoperationstoaccuratelymeasuretheperformanceofsuppliers

•Explaininghowtocomparecontractstoactualsupplyinawaythatreliablyevaluateswhethersuppliersaremeetingcontractedtargets

•Identifyingmeasurementtoolsandstatisticalanalysesformeasuringsupplierproductivitytoensuresuppliersareheldaccountablefortheirperformance

•Understandinghowtofactorinthetimeliness,accuracy,efficiencyandcostofasuppliertomeaningfullymeasuretheiroverallperformance

Geoffrey Tonini, Senior manager, Supply Chain, Hess Corporation10:30 Question & Answer Session

10:40 Morning Refreshments In Exhibition Area

Supplier Negotiation StrategiesUnderstanding How To Utilize Leveraging Strategies, Optimize Contract Structures & Manage Supplier Relationships To Control

Supply Chain Costs On Unconventional Oil & Gas Projects

NEGOTIATING WITH SUPPLIERS

11:10 Examining Tactics For Negotiating With Suppliers In The Unconventional Oil & Gas Industry To Ensure They Provide The Most Cost-Competitive Prices & Optimal Quality Of Service•Understandinghowtoensureyouaregettingthe

mostforyourmoneybynegotiatingonaspectsrangingfrompricingandservicequalitytoleadtimes

•Gainingabetterunderstandingofhowsupplierspricetheirservicesandestablishcostmodelstohelpdeterminereasonablepricestonegotiatefor

•Evaluatingmethodsforbreakingdowncoststoidentifyexactlywhatyouarepayingforintermsofequipment,materialanlabor

•Analyzingopportunitiesforturningcontractnegotiationsintocontractcollaborationstocreatewin-winsituationswithsuppliers

Kelechi Ofoegbu, Supply Chain & Nigerian Content Manager/Head of C&P, Afren

11:40 Question & Answer SessionLEVERAGING VOLUME

11:50 Explaining How Both Large & Small Operators Can Leverage The Scale & Volume Of Their Operations To Capture The Optimal Equipment, Material & Service Prices For Unconventional Oil & Gas Projects•Evaluatingwaysofleveragingexistingcontracts

withsupplierstopositivelyinfluencenegotiationsforothercontractsorservicelines

•Analyzinghowoperatorsworkinginmorethanonelocationcanleveragewithonesupplieracrossmultiplelocationstocapturecostefficiencies

•Examiningwhichequipmenttypesleveragingstrategiesworkbestforinunconventionaloilandgasprojects

•Combiningyourstrategyforleveragingvolumewithastrategyforleveragingyouroverallrelationshipwithasuppliertoensuretheygiveyouthebestdeals

12:20 Question & Answer SessionCONTRACTS MANAGEMENT

12:30 Evaluating Strategies For Structuring Contracts With Suppliers For Unconventional Oil & Gas Projects In A Way That Minimizes Operator Risk During Times Of Oil Price Volatility•Reviewingoptionsfortyingserviceandequipment

pricestooilpriceswhenformulatinglongtermcontractswithsuppliersforunconventionaloil&gasoperations

•Explaininghowtoensurethatcontractsaretiedtotangibledeliverablesandexplainingwhatthosedeliverablesshouldbeforunconventionaloil&gasprojects

•Scrutinizingyourexistingsupplierbaseandcontractstodeterminetrendsinservicecostsandopportunitiestoimproveeconomicsgoingforward

•Investigatingwhatpotentialexistsforre-structuringcurrentagreementsandcoststructuresinresponsetofluctuationsinoilprices

•Determininghowtoinsertpenaltiesforunderperformanceintocontractstoensureyouarefinanciallyprotectedifsupplierstonotdelivertoagreedstandards

Kelechi Ofoegbu, Supply Chain & Nigerian Content Manager/Head of C&P, Afren


1:10 Networking Lunch On Exhibition Area

MANAGING SUPPLIER RELATIONSHIPS

2:10 Explaining How To Build & Manage Relationships With The Key Suppliers On Your Unconventional Oil & Gas Projects And Leverage That Relationship To Control Costs•Understandinghowtobuildarelationshipwithkey

vendorsintheunconventionaloil&gasindustrytoensuretheyalwaysgiveyouthebestpossiblelevelofservice

•Preventingscopecreep:ensuringsupplierssticktothejobtheyhavebeenhiredfortomitigatetheriskofunconventionaloil&gasoperationsrunningovertime

•Explaininghowtosavemoneybyleveragingmultipleserviceprovidersatthesametimeinordertocost-effectivelymeetcapacityneeds

•Identifyingstrategiesforimprovingcommunicationsbetweensuppliersacrossdifferentpartsofunconventionaloperationstocreatesynergieswhichleadtomoreefficientprocesses

•Examiningwaysinwhichoperatorsandsupplierscancollaboratetoaligntheirgoalsandcreateawin-winenvironment


Supply Chain Forecasting & BudgetingIdentifying Tools & Techniques For Forecasting

Service Requirements, Availability & Prices To Save Money By Creating A Supply Chain

Strategy & Budget That Is Responsive To Fluctuations In Oil Prices & Service Availability

PANEL: BUDGETING

2:50 Understanding How Supply Chain Departments Can Plan Their Budgets To Ensure They Are Flexible Enough To Be Responsive To Changes In Oil Prices•Synthesizinginformationonserviceavailability,oil

pricesandprojecttimelinesintoeffectivebudgetingstrategiesforunconventionaloil&gassupplychainoperations

•Understandinghowasustainedfallinoilpriceswouldimpactthewaythatsupplychaindepartmentsneedtobudgetforunconventionaloil&gasprojects

•Evaluatingwhetheritisbettertocreateequipmentandserviceprocurementplansquarterly,half-yearlyoryearlytooptimizecostsavingswhilstmeetingdrillingschedules

•Utilizingyourforecastsonservicerequirements,costsandoilpricestocreateasupplychainbudgetthatisbasedonmarketintelligence

Panelist: Jim Barker, VP Supply Chain, Western Hemisphere, Occidental Petroleum Corporation3:20 Question & Answer SessionFORECASTING SERVICE NEEDS AND SERVICE AVAILABILITY

3:30 Evaluating Methods For Forecasting Your Service Requirements, Service Costs & Availability Of Services For Unconventional Oil & Gas Projects To Create Cost Savings Through Effective Forward Planning•Evaluatingwaysofusingforecastingtechniques

toguaranteecontinuityofsupplyandconstantreplenishmentofinventory

•Trackingsupplyanddemandcurvesforunconventionaloil&gasservicestoforecastequipmentandserviceavailability

•Identifyingforecastingtechniquesformeasuringtrendsinequipmentemployedandlaborrequiredatdifferentstagesofunconventionaloperationstoestimateservicerequirementsandguaranteeavailabilityacrossoperations

•Forecastingmarketpricefordifferentservicesandequipmenttoensuresupplychaincontrolsareinplacetoensureyoulockinequipmentwhilstpricesarelow

•UnderstandingHowToUseDataOnSteelPriceForecastsToPredict&MitigateTheirImpactOnYourOCTGCostsForUnconventionalOil&GasOperations


4:10 Afternoon Refreshments In Exhibition Area

Reducing Transportation & Logistics CostsImproving Trucking Efficiency, Accurately

Tracking Inventory & Optimizing Equipment Storage Space To Reduce Supply Chain Costs

For Unconventional Oil & Gas Operations

MINIMIZING TRANSPORTATION COSTS

4:40 Analyzing Strategies For Navigating The Peaks & Troughs In The Availability Of Trucks For Moving Equipment & Materials Around For Unconventional Oil & Gas Projects To Minimize Costs Whilst Guaranteeing Continuity Of Service•Examiningstrategiesforreducingtruckingdetention

costswhenmovingequipmenttothewellsite•Strikingtherightbalancebetweenguaranteeing

supplyoftruckswithoutovercommittingtoinflexiblecontractswithsuppliers

•Providinginsightsintohowtoimprovetransportationefficiencieswhenmovingcompletionsequipment,productionequipmentandOCTGstoremotewellsites

•Creatingacentralizeddispatchsystemtoensureefficientschedulingfortruckingoperationsandmakecostsavingsontransportation

Len Hudema, Transportation & Logistics Management Contracter, Statoil

5:10 Question & Answer SessionPANEL: INVENTORY MANAGEMENT

5:20 Accurately Tracking Inventory & Optimizing Storage Equipment & Material Storage Capacity For Unconventional Oil & Gas Projects To Deliver A Leaner, More Cost-Effective Supply Chain•Identifyingtoolsandtechniquesforefficiently

trackinginventorytocreateamoreleansupplychain•Understandinghowtodeterminehowmuch

equipmentstoragecapacityoperaWorsshouldhaveforagivenproject

•Identifyingwaysofreducinginventorylevelstomakeincrementalcostsavings

•Evaluatingopportunitiesforoperatorsworkinginthesameplaytocollaboratetosharestoragespaceandinventoryyardswithin

•Effectivelycarryingoutinventoryauditstominimizetransactioncharges

Panelist: Len Hudema, Transportation And Logistics Management Contracter, Statoil


Influencing Operational DecisionsCreating Partnerships Between Supply

Chain & Procurement Teams & Operations Teams At Unconventional Oil & Gas

Operators To Make Joint Decisions On Cost Reduction Strategies

INFLUENCING OPERATIONAL DECISIONS

6:00 Determining How Supply Chain & Procurement Departments At Unconventional Oil & Gas E&Ps Can Forge Partnerships With Operations Departments To Influence Them In Making Technical Decisions That Reduce Operational Costs•Understandinghowsupplychainandprocurement

departmentscangetoperationsteamstoparticipateintheirdecisionmakingprocesstoallowthemtotakeincreasedownershipovercostsavings

•Evaluatingstrategiesforensuringthesupplychainisconsultedonoperationaldecisionsbeforetheyaremade

•Puttingcontrolsinplacetomakesurethatoperationsteamsregularlyconsultsupplychainandprocurementteamsonwhatsupplierstheyshoulduse

•Creatingacompanyculturewherethesupplychaindepartmentisviewedaspartnerratherthanaserviceproviderbytheoperationsteam

Wade Cosgrove, Procurement & Supply Chain Specialist, MD America Energy, LLC

6:30 Question & Answer Session6:40 Chair’s Closing Remarks

6:50 - 7:50 Drinks Reception In Exhibition Area

OPTIMIZING SUPPLIER SELECTION, NEGOTIATION, PERFORMANCE MEASUREMENT & RELATIONSHIP MANAGEMENT & ACCURATELY FORECASTING SERVICE REQUIREMENTS TO DRIVE DOWN THE COST OF UNCONVENTIONAL OIL & GAS SUPPLY CHAINS

Day 2Wednesday April 1, 2015

EXAMINING EQUIPMENT-BY-EQUIPMENT, MATERIAL-BY-MATERIAL OPPORTUNITIES FOR REDUCING SUPPLY CHAIN COSTS AT EVERY STAGE OF UNCONVENTIONAL OIL & GAS PROJECTS FROM DRILLING THROUGH TO COMPLETIONS & PRODUCTION


8:30 Chair’s Opening RemarksKEYNOTE: COST-EFFECTIVE MATERIAL AND EQUIPMENT SELECTION

8:40 Examining Strategies For Sourcing Materials & Equipment For Unconventional Oil & Gas Operations During Periods Of Low Oil Prices In A Way That Minimizes Cost & Mitigates Risk•Evaluatingstrategiesfortakingadvantageoflower

demandandincreasedavailabilityofequipmentandmaterialsduringperiodsofloweroilpricesbylockingequipmentinonlongtermcontracts

•Analyzinghowoperatorscanaligncommercialandoperationalgoalstoensureequipmentandmaterialstandardsaremaintainedwhilstcostisbeingreevaluatedandcontrolled

•Examiningstrategiestolockinequipmentwhenoilpricesarehighanddemandishightoensureavailability

•Establishingreliableprocessesformeasuringmaterialandequipmentefficienciesandperformancetoensurearesponsivesystemwhichidentifieslowperformingserviceareas


OCTG Supply Chain Cost ReductionEvaluating Strategies For Working With Steel Mills, Octg Manufacturers & Distributors To

Minimize Casing, Tubing And Drill Pipe Costs

SELECTING STEEL MILLS & OCTG MANUFACTURERS

9:20 Evaluating Criteria For Selecting The Most Cost-Effective Steel Mills And OCTG Manufacturers To Control Costs In Times Of Lower Oil Prices•Collatingdataavailabletocreatepricecomparison

betweendifferentsteelmillsandevaluatingOCTGsupplieroptionsindifferentregions

•Understandingthekeydifferencesbetweenhighandlowcostmillstoquantifythedifferenceinqualityofproductanddetermineunderwhatcircumstanceslowercostmillswillsuffice

•Examiningtheprospectsofforeign-ownedsteelmillssettingupmanufacturingplantsintheU.S.andhowoperatorscouldusethistoleveragedomesticmillsforbetterprices

•EvaluatingtheroleofOCTGdistributorstodeterminewhatvaluetheyaddforoperatorsandwhenitmakesmoreeconomicsensetogodirecttoamanufacturer

Gordon Murray, Global Category Manager, Marathon Oil


10:00 Morning Refreshments In Exhibition Area

PANEL: NEGOTIATING WITH OCTG SUPPLIERS

10:30 Understanding How To Manage Relationships With OCTG Manufacturers & Distributers To Ensure You Are Always Getting The Best Price & Quality From Them•Understandingthekeycostdriversthatgointo

OCTGpricingtoensureyouhavetheinformationyouneedtobeinastrongpositionduringnegotiations

•Workingwithsupplierstodevelopanunbiaseddynamicpricingsystemtosetfairpricesthatareresponsivetofluctuationsinoilprices

•Establishingapricingmeasureorforecasttooltoidentifythefactorsthatimpactpriceofsteelandpreempthowsupplierswillsettheirprices

•DetermininghowtoevaluatetheperformanceofyourexistingOCTGsupplierbasetodeterminewhetherthereareopportunitiesforcostimprovements

Panelist : Wade Cosgrove, Procurement and Supply Chain Specialist, MD America Energy, LLCPanelist: Kelechi Ofoegbu, Supply Chain & Nigerian Content Manager/Head of C&P, Afren


Hydraulic Fracturing Equipment Supply Chain Cost Reduction

Minimizing Frac’ Supply Chain Cost Through Guaranteeing A Cost-Effective Supply Of Pumping Units, Proppants & Frac Crews

PROPPANTS

11:10 Understanding The Role Supply Chain & Sourcing Professionals At E&Ps Can Play In Overcoming The Logistical Challenges Of Ensuring Frac Sand Consistently Reaches Well Sites On Time•Overcomingthelogisticalchallengesofgettingfrac

sandtowellsitesontimetostreamlinecompletionsoperations

•Analyzinghowrealistictheprospectofafracsandshortageistodeterminewhetheritissomethingthatoperatorsneedtoseriouslyplanfor

•Examiningstrategiestoensuretransportationavailabilityforproppantsintimesofhighdemand

•Establishingthecurrentsupplyonthegroundavailabletodeterminehowvaryinglevelsofactivityanddemandaffectsupply.

Scott Prince, Manager Sourcing and Category, EP Energy11:40 Question & Answer

11:50 Networking Lunch In Exhibition Area

PUMPING UNITS

12:50 Providing Insight Into Ways Of Strategically Sourcing Pumping Units To Minimize Hydraulic Fracturing Supply Chain Costs•Evaluatingmethodologiesforaccuratelypredicting

howmuchpumpingcapacityyouaregoingtoneedforyourcompletionsoperationssoyoucanplansourcingrequirementsaccordingly

•Forecastinghydraulicthehydraulichorsepowerpumpingmarkettopredictwhethertherewillbeenoughtomeetproducerdemands

•Evaluatingstrategiesforminimizingelectricitycostsforpumpingunitsthatarerunbymotor

•Examiningwhatshouldbeincludedinthepackagesprovidersofpumpingunitsdeliverintermsofproppant,fuelsandchemicals


Drilling Rig Cost ReductionStrategically Sourcing Cost-Effective Rigs & Managing The Risk Of Fluctuations In Price

& Availability To Control Drilling Supply Chain Costs For Unconventional Oil & Gas Projects

RIG AVAILABILITY

1:30 Understanding How To Diversify Suppliers & Optimize Contract Structures For Onshore Drilling Rigs To Mitigate The Risk Of Fluctuations In Price & Availability During Times Of Oil Price Uncertainty•Forecastinghowmanynewbuildonshorerigsare

expectedtocomeonlineinthenearterm,whattypeofhorsepowertheywillbeandwhatimpactthiswillhaveonpricingdynamics

•Evaluatingwhethertoprioritizehavingastandardtypeofrigacrossthecompanyorhavinganincreaseddiversityofsupplier

•Evaluatinghowtomitigateyourriskofexposureinlong-termcontractswhendayratesonrigsdecreaseduetolowerdemandduringperiodsofloweroilprices

•Evaluatingstrategiesforensuringrigsthataresourcesalwaysreliablymeetthetechnicalrequirementsofoperationsteams


2:10 Afternoon Refreshments In Exhibition Area

MINIMIZING RIG COSTS

2:40 Selecting The Most Cost-Effective Rig Types & Managing Costs Associated With Rig Fuel & Rig Moves To Make Incremental Saving On Unconventional Oil & Gas Projects•Benchmarkingthemostcost-effectiverigtypes

forunconventionaloil&gasoperations,evaluatingoptionsincludingwalking,skiddingandslidingrigs

•Analyzingoptionsforreducingfuelcostsfordrillingrigsandworkoverrigs

•Examiningthepotentialreducingthecostofrigmovestohelpdrivedownoveralldrillingcosts

•Identifyingopportunitiesforreducingrigreleasetimestomakeincrementalcostsavings


Production Equipment Supply Chain Cost Reduction

Identifying Equipment-Specific Strategies For Managing Supply Chain Costs Associated With Artificial Lift Equipment And Pressure Vessels

PRODUCTION EQUIPMENT

3:20 Evaluating Strategies For Cost-Effectively Sourcing Artificial Lift Equipment, Tanks, Separators & Heater Treaters To Help Manage The Costs Of The Production Phase Of Unconventional Oil & Gas Operations•Investigatingtheextenttowhichstandardizing

pumpjacksacrossyouroperationscanhelpmanagecosts

•Evaluatinghowoperatorscanuseleveragingtacticstominimizethecostofprocuringpumpjacks

•Comparingtheprosandconsofusinglocalvs.internationalsuppliersforartificialliftequipment

•Providingideasonhowincrementalcostsavingscouldbemadethroughstrategicsourcingstrategiesforotherproductionequipmentsuchastanks,separatorsandheatertreaters


4:00 Chair’s Closing Remarks4:10 End Of Congress

Supply Chain Cost Control For Unconventional Oil & Gas will be held at the Westin Galleria Houston Hotel.

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Houston, Texas, 77056, United States

Phone: (713) 960-8100

Hotel Reservations: 888-627-8514

www.westingalleriahoustonhotel.com

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The amount of technical information shared at this conference was refreshing. Finally a conference that wasn’t a corporate sales pitch

Rosetta Resources

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