SPEE Oklahoma Monthly Luncheon 9/28/22

13100 Green Valley Drive,Oklahoma City OK 73120

28 September, 2022

Description

The Next U.S. Oil Boom is #Counterstream Exploration in the US -- both millidarcy and shale fields -- is well past its peak. While there remains acreage to be drilled in the shale plays and the need for more natural gas, the biggest opportunities for growth is the new industry of carbon capture and storage. This presentation introduces the basic science and business of CCS which is likely to be the newest growth area for the US oil industry. Bio Dwayne Purvis, P.E. offers consulting and advisory services for the oil and gas industry, building on two and a half decades in reservoir engineering and executive leadership as a consultant and operator. From engineering studies and reserve reports to strategic decision-making on the energy transition, Mr. Purvis helps operators and investors with reliable analysis for prudent decisions. He has led or participated in hundreds of engineering studies over dozens of basins in the United States and abroad and advised on tactical and strategic decisions large and small. Mr. Purvis frequently speaks and writes on issues of shale reservoirs, the energy transition, commodity prices, decline curve analysis, and risk analysis. He is a registered professional engineer in the state of Texas, member of SPEE, AAPG, SEG, SIPES and an active, 25-year member of SPE. He is also pursuing a masters degree in sustainable energy at Johns Hopkins University.