Business Breakfast Series SIG:
Liquid Rich - What is Old is New Again
Date: Thursday, 4th of April 2019
Speaker: Michael Morgan, Analytics Director @ GLJ Petroleum Consultants
Location: Calgary Petroleum Club
Time: 7:30 AM - 9:30 AM
Members: $45, Non-Members: $55, Student: $15
Alberta struggles to replace lost jobs amid low hydrocarbon prices, companies are looking to maximize their recovery of retrograde condensates, policy wonks worry about how to diversify the economy and oil producers are looking for diluents. Current headlines can easily be replaced by headlines from the 1980’s. This presentation will compare today to yesteryear to gain some perspective, but will focus on how the mix of hydrocarbons, and particularly mid-weight plastic-feedstock hydrocarbons, is changing over time as companies shift their development, adapt to conditions and seek out new markets.”
Michael Morgan, Michael has over fifteen years’ experience in the oil and gas industry. Following graduation, Michael joined GLJ Petroleum Consultants in 2004 and has since conducted a variety of reserve and economic evaluations, primarily involving the Montney, a multi-Tcf unconventional gas resource play in the Western Canadian Sedimentary Basin. These evaluations have been used for reserves and resource appraisals, regulatory filings, financings, mergers, acquisitions and dispositions. He has recently completed a PhD thesis titled, “Modeling Multi-Fractured, Multi-Well, Tight-Gas Reservoirs”. His current research work concerns applications of stochastic differential equations and Itô calculus to analytical well production models.
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