Open Thesis.Pdf

Total Page:16

File Type:pdf, Size:1020Kb

Open Thesis.Pdf The Pennsylvania State University The Graduate School John and Willie Leone Family Department of Energy and Mineral Engineering PATENT ANALYSIS OF SHALE GAS TECHNOLOGY TO IDENTIFY THE U.S. GOVERNMENT’S ROLE IN ITS DEVELOPMENT A Thesis in Energy and Mineral Engineering by Seth Ofosuhene Apenteng 2016 Seth Ofosuhene Apenteng Submitted in Partial Fulfillment of the Requirements for the Degree of Master of Science August 2016 The thesis of Seth Ofosuhene Apenteng was reviewed and approved* by the following: John Yilin Wang Assistant Professor of Petroleum and Natural Gas Engineering Thesis Co-advisor Zhen Lei Associate Professor of Energy and Environmental Economics Thesis Co-advisor Mku Thaddeus Ityokumbul Associate Professor of Mineral Processing and Geo-environmental Engineering Sanjay Srinivasan Professor of Petroleum and Natural Gas Engineering Interim Associate Department Head for Graduate Education *Signatures are on file in the Graduate School iii ABSTRACT The substantial increase in shale gas production has allowed the United States to achieve self- reliance and greatly improved its energy security, and this has in turn had an influence on the world economy as well as geopolitical developments. The U.S. Department of Energy estimate a 45% increase in total U.S. dry natural gas production, from 24.4 Tcf in 2013 to 35.5 Tcf in 2040. The analysis in this thesis helps us understand technologies landscape and role of government and industry in Shale Gas technology development. iv TABLE OF CONTENTS List of Figures .......................................................................................................................... v Chapter 1 Introduction ............................................................................................................. 1 Chapter 2 Literature Review .................................................................................................... 4 2.1 Industry Structure in Shale Gas Development ........................................................... 4 2.1.1 The Role of the Natural Gas in the US Energy Portfoloio ...................................... 4 2.1.2 The US Shale Gas Basins ........................................................................................ 11 2.2 The Evolution of Drilling Technology in Shale Gas Development ........................... 17 2.2.1 Shale Gas Geology .................................................................................................. 23 2.2.2 The Drilling Technology ......................................................................................... 26 2.2.3 The Hydraulic Fracturing Process ........................................................................... 74 2.2.4 The Fracture Treatment Monitoring Methods ......................................................... 80 2.2.5 The Life Cycle Stages of a Shale Gas Investment .................................................. 81 Chapter 3 Problem Statement .................................................................................................. 86 Chapter 4 Methodology ........................................................................................................... 88 4.1 Scientific Literature Patent Analysis Methodology ................................................... 89 4.2 AcclaimIP Patent Analysis Methodology .................................................................. 102 Chapter 5 Patent Analysis from Scientific Literature .............................................................. 103 5.1 Filing Trend Analysis ................................................................................................. 104 5.2 Assignee Analysis ...................................................................................................... 106 5.3 Technological Distribution Analysis .......................................................................... 108 5.4 Intellectual Property Analysis .................................................................................... 112 5.5 Government Funding Analysis .................................................................................. 116 Chapter 6 Patent Analysis from AcclaimIP Software .............................................................. 119 6.1 Filing Trend Analysis ................................................................................................. 120 6.2 Assignee Analysis ...................................................................................................... 121 6.3 Technological Distribution Analysis .......................................................................... 122 Chapter 7 Discussion and Recommendations .......................................................................... 123 7.1 Role of Government Policies ..................................................................................... 123 7.2 Role of Evolving Technologies .................................................................................. 127 7.3 Role of Economics and Political Factors ................................................................... 137 Chapter 8 Conclusion ............................................................................................................... 142 References ........................................................................................................................ 143 v LIST OF FIGURES Figure 1. Trend in different types of gas production in the U.S., units of trillion cubic feet .......................................................................................................................................... 2 Figure 2. The nominal expenditures as percent of US nominal GDP ...................................... 5 Figure 3. The nominal expenditures as percent of nominal gross output ................................ 5 Figure 4. The primary energy use by fuel 1980-2040 (quadrillion Btu) .................................. 6 Figure 5. The natural gas consumption by sector 1990-2040 (in trillion cubic feet) ............... 7 Figure 6. The annual average Henry Hub spot natural gas prices,1990-2040 ($/mill Btu) ..... 7 Figure 7. The total US natural gas production, consumption and net imports, 1990-2040 (trillion cubic feet) ........................................................................................................... 8 Figure 8. The natural gas production by source, 1990-2040 (trillion cubic feet) .................... 9 Figure 9. The US unconventional gas production by source, 1990-2018 (bcf/day) ................ 10 Figure 10. The US shale basins ................................................................................................ 11 Figure 11. The daily production of the US shale plays, 1998-2008 (MMcf/day) .................... 13 Figure 12. The key characteristics of the most active US shale gas plays ............................... 13 Figure 13. Drill bit ................................................................................................................... 33 Figure 14. The Rotary drill rig ................................................................................................. 34 Figure 15. The typical vertical and horizontal gas well schematic. ......................................... 40 Figure 16. The typical casing and cementing program for horizontal shale wells ................... 44 Figure 17. The downhole schematic of a cementing operation in progress ............................. 45 Figure 18. Christmas tree ......................................................................................................... 51 Figure 19. Gate valve with non-rising stem ............................................................................. 51 Figure 20. Wellhead ................................................................................................................. 55 Figure 21. The plugs on the perforated case hold .................................................................... 60 Figure 22. Blowout Preventer Stack ........................................................................................ 65 Figure 23. High pressure mud pump ........................................................................................ 68 vi Figure 25. The typical shale fracturing basic materials per stage ............................................ 79 Figure 26. The fracturing fluid additives, main compound and common uses ........................ 80 Figure 27. Numer of Patents Per Year .................................................................................... 105 Figure 28. Assignee Patent Distribution .................................................................................. 106 Figure 29. Technlogy Field Trend ........................................................................................... 110 Figure 30. Patent Technology Field Distribution ..................................................................... 110 Figure 31. Intellectual Property in Directional Drilling Technology ....................................... 111 Figure 32. Intellectual Property in Seismic Imaging Technology ........................................... 112 Figure 33. Intellectual Property in Drilling Fluids Technology ............................................... 113 Figure 34. Intellectual Property in Wellbore Technology ....................................................... 113 Figure 35. Patents with Government Funding ......................................................................... 115 Figure
Recommended publications
  • Petroleum Extension-The University of Texas at Austin ROTARY DRILLING SERIES
    Petroleum Extension-The University of Texas at Austin ROTARY DRILLING SERIES Unit I: The Rig and Its Maintenance Lesson 1: The Rotary Rig and Its Components Lesson 2: The Bit Lesson 3: Drill String and Drill Collars Lesson 4: Rotary, Kelly, Swivel, Tongs, and Top Drive Lesson 5: The Blocks and Drilling Line Lesson 6: The Drawworks and the Compound Lesson 7: Drilling Fluids, Mud Pumps, and Conditioning Equipment Lesson 8: Diesel Engines and Electric Power Lesson 9: The Auxiliaries Lesson 10: Safety on the Rig Unit II: Normal Drilling Operations Lesson 1: Making Hole Lesson 2: Drilling Fluids Lesson 3: Drilling a Straight Hole Lesson 4: Casing and Cementing Lesson 5: Testing and Completing Unit III: Nonroutine Operations Lesson 1: Controlled Directional Drilling Lesson 2: Open-Hole Fishing Lesson 3: Blowout Prevention Unit IV: Man Management and Rig Management Unit V: Offshore Technology Lesson 1: Wind, Waves, and Weather Lesson 2: Spread Mooring Systems Lesson 3: Buoyancy, Stability, and Trim Lesson 4: Jacking Systems and Rig Moving Procedures Lesson 5: Diving and Equipment Lesson 6: Vessel Inspection and Maintenance Lesson 7: Helicopter Safety Lesson 8: Orientation for Offshore Crane Operations Lesson 9: Life Offshore Lesson 10: Marine Riser Systems and Subsea Blowout Preventers Petroleum Extension-The University of Texas at Austin Library of Congress Cataloging-in-Publication Data Vieira, João Luiz, 1958– Controlled directional drilling / by João Luiz Vieira. — 4th ed. p. cm. — (Rotary drilling series ; unit 3, lesson 1) Rev. ed. of: Controlled directional drilling. 1984 Includes index. ISBN-10 0-88698-254-5 (alk. paper) ISBN-13 978-0-88698-254-6 (alk.
    [Show full text]
  • Drilling and Completion Services Cost Index Q2 2015
    Drilling and Completion Services Cost Index Q2 2015 Prepared by Spears and Associates, Inc. 8908 S. Yale, Suite 440 Tulsa, OK 74137 www.spearsresearch.com July 2015 Drilling and Completion Services Cost Index: Q2 2015 Introduction The Drilling and Completion Services (DCS) Cost Index tracks and forecasts price changes for products and services used in drilling and completing new wells in the US. The DCS Cost Index is a tool for oil and gas companies, oilfield equipment and service firms, and financial institutions interested in benchmarking and forecasting well costs. Methodology Spears and Associates undertakes a quarterly survey of independent well engineering and wellsite supervision firms to collect “spot market” drilling and completion services price information for a specific set of commonly drilled wells in the US. The information in the “well profile” survey is collected in the form of detailed drilling and completion services cost estimates based on current unit prices and usage rates in each location at the end of the quarter. The well profiles are equally-weighted in calculating an average price change per quarter for the drilling and completion services cost components. A “total well cost” price change is calculated for each well profile covered by the survey which reflects the weighted average price change for each component of the well’s cost. An overall “total well cost” price change is calculated, with each well profile equally weighted, to determine the “composite well cost” index shown in this report. All cost items are indexed to 100 as of Q1 2008. “Spot” prices tracked by the DCS Cost Index are those in effect at the end of each quarter and as such may differ from prices averaged across the entire quarter.
    [Show full text]
  • Best Research Support and Anti-Plagiarism Services and Training
    CleanScript Group – best research support and anti-plagiarism services and training List of oil field acronyms The oil and gas industry uses many jargons, acronyms and abbreviations. Obviously, this list is not anywhere near exhaustive or definitive, but this should be the most comprehensive list anywhere. Mostly coming from user contributions, it is contextual and is meant for indicative purposes only. It should not be relied upon for anything but general information. # 2D - Two dimensional (geophysics) 2P - Proved and Probable Reserves 3C - Three components seismic acquisition (x,y and z) 3D - Three dimensional (geophysics) 3DATW - 3 Dimension All The Way 3P - Proved, Probable and Possible Reserves 4D - Multiple Three dimensional's overlapping each other (geophysics) 7P - Prior Preparation and Precaution Prevents Piss Poor Performance, also Prior Proper Planning Prevents Piss Poor Performance A A&D - Acquisition & Divestment AADE - American Association of Drilling Engineers [1] AAPG - American Association of Petroleum Geologists[2] AAODC - American Association of Oilwell Drilling Contractors (obsolete; superseded by IADC) AAR - After Action Review (What went right/wrong, dif next time) AAV - Annulus Access Valve ABAN - Abandonment, (also as AB) ABCM - Activity Based Costing Model AbEx - Abandonment Expense ACHE - Air Cooled Heat Exchanger ACOU - Acoustic ACQ - Annual Contract Quantity (in reference to gas sales) ACQU - Acquisition Log ACV - Approved/Authorized Contract Value AD - Assistant Driller ADE - Asphaltene
    [Show full text]
  • Drill Stem Test Database (UBDST) and Documentation: Analysis of Uinta Basin, Utah Gas-Bearing Cretaceous and Tertiary Strata
    Principal drill stem test database (UBDST) and documentation: analysis of Uinta Basin, Utah gas-bearing Cretaceous and Tertiary strata by J. Ben Wesley, Craig J. Wandrey, and Thomas D. Fouchl U.S. Geological Survey, Lakewood, CO Open-File 93-193 Work Performed under contract No.: DE-AI21-83MC2042 for the U.S. Department of Energy, Office of Fossil Energy Morgantown Energy Technology Center, Morgantown, West Virginia This report is preliminary and has not been reviewed for conformity with U.S. Geological Survey editorial standards, (or with the North American Stratigraphic Code.) Any use of trade, product, or firm names is for descriptive purposes only and does not imply endorsement by the U.S. Government. Although this program has been used by the U.S. Geological Survey, no warranty, expressed or implied, is made by the USGS as to the accuracy and functioning of the program and related program material, nor shall the fact of distrubution constitute any such warranty, and no responsibility is assumed by the USGS in connection therewith. 1 U.S. Geological Survey, Denver, CO 80225 Introduction................................................................................................................2 METHODS ......................................................................................................................5 Data Base Structure.....................................................................................5 Drill Stem Tests.........................................................................................................?
    [Show full text]
  • Glossary of Oilfield Production Terminology (GOT) (DEFINITIONS and ABBREVIATIONS)
    Glossary of Oilfield Production Terminology (GOT) (DEFINITIONS AND ABBREVIATIONS) FIRST EDITION, JANUARY 1, 1988 American Petroleum Institute 1220 L Street, Northwest Washington, DC 20005 Issued by AMERICAN PETROLEUM INSTITUTE Production Department FOR INFORMATION CONCERNING TECHNICAL CONTENTS OF THIS PUBLICATION CONTACT THE API PRODUCTION DEPARTMENT, 2535 ONE MAIN PLACE, DALLAS, TX 75202-3904 – (214) 748-3841. SEE BACK SIDE FOR INFORMATION CONCERNING HOW TO OBTAIN ADDITIONAL COPIES OF THIS PUBLICATION. Users of this publication should become familiar with its scope and content. This publication is intended to supplement rather than replace individual engineering judgment. OFFICIAL PUBLICATION REG U.S. PATENT OFFICE Copyright 1988 American Petroleum Institute TABLE OF CONTENTS Page FOREWORD 2 SECTION 1: LIST OF PUBLICATIONS 3 SECTION 2: ABBREVIATIONS AND DEFINITIONS 5 FOREWORD A. This publication is under the jurisdiction of the API Executive Committee on Standardization of Oilfield Equipment and Materials. B. The purpose of this publication is to provide standards writing groups access to previously used abbreviations and definitions. Standards writing groups are encouraged to adopt, when possible, the definitions found herein. Attention Users of this Publication: Portions of this publication have been changed from the previous edition. The location of changes has been marked with a bar in the margin. In some cases the changes are significant, while in other cases the changes reflect minor editorial adjustments. The bar notations in the margins are provided as an aid to users to identify those parts of this publication that have been changed from the previous edition, but API makes no warranty as to the accuracy of such bar notations.
    [Show full text]
  • Trends in U.S. Oil and Natural Gas Upstream Costs
    Trends in U.S. Oil and Natural Gas Upstream Costs March 2016 Independent Statistics & Analysis U.S. Department of Energy www.eia.gov Washington, DC 20585 This report was prepared by the U.S. Energy Information Administration (EIA), the statistical and analytical agency within the U.S. Department of Energy. By law, EIA’s data, analyses, and forecasts are independent of approval by any other officer or employee of the United States Government. The views in this report therefore should not be construed as representing those of the Department of Energy or other federal agencies. U.S. Energy Information Administration | Trends in U.S. Oil and Natural Gas Upstream Costs i March 2016 Contents Summary .................................................................................................................................................. 1 Onshore costs .......................................................................................................................................... 2 Offshore costs .......................................................................................................................................... 5 Approach .................................................................................................................................................. 6 Appendix ‐ IHS Oil and Gas Upstream Cost Study (Commission by EIA) ................................................. 7 I. Introduction……………..………………….……………………….…………………..……………………….. IHS‐3 II. Summary of Results and Conclusions – Onshore Basins/Plays…..………………..…….…
    [Show full text]
  • Annual Information Form Year Ended December 31, 2017 March 23, 2018
    Annual Information Form Year Ended December 31, 2017 March 23, 2018 TABLE OF CONTENTS GENERAL MATTERS ................................................................................................................................ 1 Cautionary Note Regarding Forward-Looking Statements ..................................................................... 1 Reserves and Resources Advisory ........................................................................................................... 3 Currency .................................................................................................................................................. 5 Abbreviations ........................................................................................................................................... 5 CORPORATE STRUCTURE ...................................................................................................................... 5 GENERAL DEVELOPMENT OF THE BUSINESS ................................................................................... 6 Overview ................................................................................................................................................. 6 Corporate History and License Areas ...................................................................................................... 7 Corporate Social Responsibility ............................................................................................................ 11 Environmental and Safety Matters .......................................................................................................
    [Show full text]
  • Downhole Sensors in Drilling Operations
    PROCEEDINGS, 44th Workshop on Geothermal Reservoir Engineering Stanford University, Stanford, California, February 11-13, 2019 SGP-TR-214 Downhole Sensors in Drilling Operations Nathan Pastorek, Katherine R. Young, and Alfred Eustes 15013 Denver West Blvd., Golden, CO 80401 [email protected] Keywords: MWD, LWD, Rate of Penetration, Drilling Data, Geothermal, Telemetry ABSTRACT Before downhole and surface equipment became mainstream, drillers had little way of knowing where they were or the conditions of the well. Eventually, breakthroughs in technology such as Measurement While Drilling (MWD) devices and the Electronic Drilling Recorder system allowed for more accurate and increased data collection. More modern initiatives that approach drilling as manufacturing— such as Lean Drilling, Drilling the Limit, and revitalized Drilling the Limit programs—have allowed petroleum drilling operations to become more efficient in the design and creation of a well, increasing rates of penetration by more than 50%. Unfortunately, temperature and cost limitations of these tools have prevented geothermal operations from using this state-of-the-art equipment in most wells. Today, petroleum drilling operations can collect surface measurements on key drilling data such as rotary torque, hook load (for surface weight on bit), rotary speed, block height (for rate of penetration), mud pressure, pit volume, and pump strokes (for flowrates). They also can collect downhole measurements of azimuth, inclination, temperature, pressure, revolutions per minute, downhole torque on bit, downhole weight on bit, downhole vibration, and bending moment using an MWD device (although not necessarily in real time). These data can be used to calculate and minimize mechanical specific energy, which is the energy input required to remove a unit volume of rock.
    [Show full text]
  • Overpressure and Petroleum Generation and Accumulation in the Dongying Depression of the Bohaiwan Basin, China
    Geofluids (2001) 1, 257–271 Overpressure and petroleum generation and accumulation in the Dongying Depression of the Bohaiwan Basin, China X. XIE1,2,C.M.BETHKE2 ,S.LI1 ,X.LIU1 AND H. ZHENG3 1Faculty of Earth Resources, China University of Geosciences, Wuhan, China; 2Department of Geology, University of Illinois at Urbana-Champaign, Urbana, IL, USA; 3Institute of Petroleum Exploration and Development, Shenli Oil Corporation, Dongying, Shandong, China ABSTRACT The occurrence of abnormally high formation pressures in the Dongying Depression of the Bohaiwan Basin, a prolific oil-producing province in China, is controlled by rapid sedimentation and the distribution of centres of active petro- leum generation. Abnormally high pressures, demonstrated by drill stem test (DST) and well log data, occur in the third and fourth members (Es3 and Es4) of the Eocene Shahejie Formation. Pressure gradients in these members com- monly fall in the range 0.012–0.016 MPa mÀ1, although gradients as high as 0.018 MPa mÀ1 have been encountered. The zone of strongest overpressuring coincides with the areas in the central basin where the principal lacustrine source rocks, which comprise types I and II kerogen and have a high organic carbon content (>2%, ranging to 7.3%), are actively generating petroleum at the present day. The magnitude of overpressuring is related not only to the burial depth of the source rocks, but to the types of kerogen they contain. In the central basin, the pressure gradient within submember Es32, which contains predominantly type II kerogen, falls in the range 0.013–0.014 MPa mÀ1. Larger gra- dients of 0.014–0.016 MPa mÀ1 occur in submember Es33 and member Es4, which contain mixed type I and II kero- gen.
    [Show full text]
  • World Oil Outlook 2040
    Organization of the Petroleum Exporting Countries 2019 World Oil Outlook 2040 2019 World Oil Outlook 2040 Organization of the Petroleum Exporting Countries Digital access to the WOO: an interactive user experience 24/7 OPEC’s World Oil Outlook (WOO) is part of the Organization’s commitment to market stability. The publication is a means to highlight and further the understanding of the many possible future challenges and opportunities for the oil industry. It is also a channel to encourage dialogue, cooperation and transparency between OPEC and other stakeholders within the industry. As part of OPEC’s ongoing efforts to improve user experience of the WOO and provide data transparency, two digital interfaces are available: the OPEC WOO App and the interactive version of the WOO. The OPEC WOO App provides increased access to the publication’s vital analysis and energy-related data. It is ideal for energy professionals, oil industry stakeholders, policymakers, market analysts, academics and the media. The App’s search engine enables users to easily find information, and its bookmarking function allows them to store and review their favourite articles. Its versatility also allows users to compare graphs and tables interactively, thereby maximizing information extraction and empowering users to undertake their own analysis. The interactive version of the WOO also provides the possibility to download specific data and information, thereby enhancing user experience. Download Access the OPEC WOO App interactive version Available for Android and iOS OPEC is a permanent, intergovernmental organization, established in Baghdad, Iraq, on 10–14 September 1960. The Organization comprises 14 Members: Algeria, Angola, Republic of the Congo, Ecuador, Equatorial Guinea, Gabon, the Islamic Republic of Iran, Iraq, Kuwait, Libya, Nigeria, Saudi Arabia, the United Arab Emirates and Venezuela.
    [Show full text]
  • Drilling Technology and Costs
    CHAPTER 6 Drilling Technology and Costs 6.1 Scope and Approach _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _6­3 6.2 Review of Geothermal Drilling Technology _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _6­4 6.2.1 Early geothermal/EGS drilling development _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _6­4 6.2.2 Current EGS drilling technology _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _6­5 6.3 Historical Well­Cost Data _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _6­8 6.3.1 General trends in oil and gas well­completion costs _ _ _ _ _ _ _ _ _ _ _ _ _ _6­9 6.3.2 MIT Depth Dependent (MITDD) drilling­cost index _ _ _ _ _ _ _ _ _ _ _ _ _ _ _6­12 6.3.3 Updated geothermal well costs _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _6­17 6.4 Predicting Geothermal Well Costs with the Wellcost Lite Model _ _ _ _ _ _6­18 6.4.1 History of the Wellcost Lite model _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _6­18 6.4.2 Wellcost Lite model description _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _6­19 6.5 Drilling­Cost Model Validation _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _6­19 6.5.1 Base­case geothermal wells _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _6­19 6.5.2 Comparison with geothermal wells _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _6­22 6.5.3 Comparison with oil and gas wells _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _6­22 6­1 6.5.4 Model input parameter sensitivities and drilling­cost breakdown _ _ _ _ _ _ _6­23 6.6 Emerging Drilling Technologies _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _
    [Show full text]
  • Strengthening Deepwater for the Future Conference Program
    Conference Program 29–31 October 2019 SulAmérica Convention Center Rio de Janeiro, Brazil go.otcbrasil.org/offshoreinnovation Strengthening Deepwater for the Future OTC Brasil 2019 Theme A4 2019-09-27.indd 1 9/27/19 12:05 PM Conference Information OTC Organizations Sponsoring Organizations American Association of Petroleum Geologists American Institute of Chemical Engineers American Institute of Mining, Metallurgical, and Petroleum Engineers American Society of Civil Engineers American Society of Mechanical Engineers Institute of Electrical and Electronics Engineers, Oceanic Engineering Society CM Marine Technology Society Society of Exploration Geophysicists Society for Mining, Metallurgy, and Exploration SNAME Society of Petroleum Engineers The Minerals, Metals & Materials Society Regional Sponsoring Organization Brazilian Petroleum, Gas and Biofuels Institute Endorsing Organizations International Association of Petroleum Equipment Suppliers Association Drilling Contractors About the Offshore Technology Conference (OTC) About the Brazilian Petroleum, Gas and Biofuels Institute (IBP) OTC is where energy professionals meet to Founded in 1957, IBP is a private, non-profit organization focused on exchange ideas and opinions to advance scientific promoting the development of Brazilian oil, gas and biofuels industry in a and technical knowledge for offshore resources competitive, sustainable, ethical and socially responsible environment. Today, and environmental matters. Founded in 1969, IBP gathers more than 200 companies’ members, and it is recognized as an OTC’s flagship conference is held annually at NRG Park in Houston. important industry representative for its technical knowledge and for fostering the related to its biggest OTC has expanded technically and globally with the Arctic Technology issues. Organizer of the main oil and gas events in Brazil, such as Rio Oil & Gas and OTC Brasil, IBP Conference, OTC Brasil, and OTC Asia.
    [Show full text]