Lecture Description

Developing sound energy policies is difficult at best, with a deli­cate balance required between government’s need for revenue, society’s need for energy, and the producer’s need for profit­ability to exploit resources. Good policies require an apprecia­tion for the interactions among oilfield development and opera­tions, costs and prices, taxes and regulations, and many other factors that are often difficult to define. The world is complex and acts like a system with many interconnected components, and there are no easy solutions in complex systems. Therefore, we developed an approach that uses system models and regret analysis to find flexible, resilient tax policies that would provide all parties with fair, profitable solutions, despite uncertainties and the fact that no party would achieve its maximum goals. Our approach also measures the relative benefits of existing energy policies and can potentially improve them.

Bio

Frank Blaskovich is vice president of Blas­kovich Services in northern California. He received his BS degree in aerospace engi­neering from the University of Notre Dame. Blaskovich has more than 40 years of expe­rience in reservoir engineering and simula­tion, software development, environmental modeling, and policy analysis. He has worked on energy issues globally for the largest energy companies, government agen­cies, and consultants.

Questions about registration? Contact us at vancouver@spemail.org 

Event Schedule

5:00-5:45 pm Socializing with small snacks and non-alcoholic beverages

5:45-6:45 pm Mr. Blaskovich’s Lecture

6:45-7:15 pm Questions and discussion

Victoria

For the first time, we are offering the chance for our Victoria members to view the presentation as a live webinar, held at the BC Oil and Gas Commission offices in downtown Victoria (#300, 398 Harbour Road, Victoria). Attendance in Victoria will be free, as it is a remote viewing of the lecture. Bring your own food if desired and aim to show up at 5:30 pm. To register for the Victoria location, please email vancouver@spemail.org.