The unconventional play development in the US has unlocked massive shale oil/gas reserves, and has been considered as the biggest game changer of recent years. US has become the number one unconventional oil and gas producer in the world. Influenced by the US success, the global unconventional play exploration had been active until the market downturn.

This presentation discusses the impact of the US Unconventional Play (shale/tight oil/gas) Revolution on Deepwater industry, and on global energy landscape. The objective is to explore,

• What will be the contribution of shale oil/gas to future global energy landscape?
• Will the high development costs, environmental challenges, and low oil price impair this contribution?
• How will the Deepwater industry live on while facing the impact of low oil price and the Unconventional Revolution?

The slump of oil prices in recent years has obstructed the momentum of shale revolution, and forced Deepwater industry to hold back its development pace. The oil and gas industry were thought entering its wintery period. However, the recent movement of unconventional play has allowed several producers successfully bring down their break-even price to below $40 level, by focusing on new technologies and Operation Excellence improvement. Such a trend may potentially trigger a new momentum of “Shale Revolution 2.0”, which will pose new and more rigorous challenges to the Deepwater industry. Technologies for development and for operation excellence are the key contributors for both Deepwater and unconventionals when facing the long term stagnant low oil price.

FEATURED SPEAKER: Doreen Chin, VP of Systems and Operability Solutions in Subsea Engineering Technologies, LLC

Dr. Doreen Chin is the VP of Systems and Operability Solutions in Subsea Engineering Technologies (SET), LLC. She held a PhD in ME from University of Houston.

Doreen was the first person who discovered (1997) the “turning angle” phenomenon in phase-change heat transfer and multiphase flow in a thin channel relating to cooling mechanism in nuclear reactor central core. She was named Fellow of American Society of Mechanical Engineers (ASME) at 2010.

Doreen has over 30 year experiences in the industries (oil and gas; power generation) and academia, including long history of working for Shell and for service companies. Her experience ranges from technology development, engineering design, research, transient and steady-state multiphase flow and thermal analysis; safe and cost effective management of flow assurance risks; subsea processing/subsea production system design, to system operability and operation strategies. Her responsibility includes as project FA team lead for various projects (majors/marginal fields; green/brown fields) from Assess, Selection, Define, Execution, to First Oil. She also worked as Surface Engineering Advisor for Shell’s unconventional assets in US.

Doreen has published one technical book and 44 papers. She is the recipient of:

• SPE Outstanding Technical Editor Award, 2014.
• ASME Dedicated Service Award for Devotion Leadership Performance, 2013.
• Twice, OTC/ASME Arthur Lubinski Best Paper Award, for 2011 and 2004.
• ASME - Petroleum Jacobson Best Paper Award for 2001.

Doreen served as the OTC 2014 Program Committee Chair. She also served as the Chair of 2014 ASME - Unconventional and Hydraulic Fracturing Conference. She is serving as Engineering Leadership Board member of Cullen College of Engineering, University of Houston.