Peak Oil: Theory or Practice?
Description
-The Past and Future of Oil and Gas-
According to the 'Peak Oil theory', every (finite) resource has an initial, middle and final phase of production, with a 'peak' moment somewhere in this cycle. This 'phenomenon' is also referred to as 'Hubbert's Peak', named after Shell geologist Dr Marion King Hubbert. He predicted (back in 1956) that national (USA) oil production would 'peak' in 1970.
In the current debates about the supply and demand, or availability, of energy, the diversification of fuels (fossil vs. renewable, and 'unconventional resources'), and the effects of ever-increasing (global) energy consumption on the climate, the question of for how long fossil fuels will (continue to) play an important part in our energy system plays a crucial role.
A trio of experts will discuss the facts, truths and expectations surrounding global oil and gas production and its dynamic pricing, especially as this year marks exactly 150 years since the first oil was drilled ('Colonel Drake', Titusvile, Pennsylvinia, 27 August 1859).
19:00 Reception with coffee/tea
19:30 Lecture by Rembrandt Koppelaar (Peak Oil Netherlands Foundation):
'Peak Oil: Theory will become Practice'
20:15 Vision by Prof Stefan Luthi (TU Delft):
'Peak Oil: Wrong for the Right Reason'
20:35 Vision by Jan Hein Jesse (Acquisitions and Divestments Project Manager, Shell International E&P, advisor to the International Energy Agency/IEA):
'Dynamics of fossil fuel prices and future energy scenarios'
21:00 Room discussion: 'Is there Future for Oil and Gas?'
21:30 Drinks and after-dinner chat.
Registration no later than 15 October 2009.
Location
KIVI NIRIA building, Prinsessegracht 23
2500 GK The Hague
Organiser
Mining
Oil and Gas Technology
Name and contact details for information
Further information via the e-mail address below.