The UK’s onshore oil and gas industry finds itself in a transformative period. Well sites hosting hydraulic fracturing in north England are proceeding from the preparation to drilling phase, the Shale Wealth Fund consultation has drawn to a close and the estimation of 1,300 trillion cubic feet of gas lying beneath the Bowland-Hodder shale is contrasted by studies suggesting onshore extraction in the UK is entering its final decade of viability. Growing pressure on the government to commit to renewable energy and the recent banning of fracking in Scotland has further compounded the economic viability of unconventional drilling methods.
The Third UK Onshore Oil & Gas Summit will be reviewing results of test wells over the previous 12 months from both unconventional and conventional operations. Conference delegates will have the opportunity to hear from industry-leaders on the one-to-three year plan moving forward, in addition to learning more about the opportunities available to local companies and communities through the infrastructural supply-chain and the Shale Wealth Fund. The Summit will close out with a networking reception dedicated to promoting knowledge-sharing and relationship building with industry-leaders, government representatives, academics and stakeholders from industry and supply-chain providers from 17:00 – 19:30; with drinks and canapes provided.
Other topics on the agenda will be the innovation of technologies that can address environmental concerns pertaining to air, noise and traffic pollution; as well as the safe treatment and disposal of flow back water. The summit will review Brexit’s impact on the UK’s oil and gas industry, as some experts warn that a ‘no deal’ scenario, resulting in the UK reverting to World Trade Organisation rules could almost double the industry’s cost of trade. Additionally, how will leaving the European Union affect the EU citizens that amount to 5% of the industry’s workforce?
The Third UK Onshore Oil and Gas Summit will delve into the contemporary issues facing the industry, providing practical analysis, insightful opinion and engaging debate.
Location: Birmingham City Centre
For more information, and to register, please visit openforumevents.co.uk.