DUG Permian Basin
April 3-5, 2017
Fort Worth, Texas
Fort Worth Convention Center
Register Featured Sponsors
Stratas AdvisorsD3 Survey and MappingLandmark Field ServicesNetherland, Sewell & Associates (NSAI)TenarisFairmount Santrol Proppant Solutions
Petro Waste EnvironmentalVaquero MidstreamKLX Energy ServicesBCCK EngineeringNG ResourcesShale SupportSimplified Rail LogisticsMagnum Oil ToolsSNC Lavalin (Valerus)Sentry TechnologiesHolland ServicesPC Drilling and ServiceVarel InternationalPackers PlusFairmount Santrol Proppant SolutionsD&L Oil ToolsTGSWellDogNGF ConstructionPeroxyChemArchrockBCCK Holding CompanyBaker Hughes
Operator Sponsors
Vaquero MidstreamAgave Energy Co.
Hosted By
Unconventional Oil & Gas CenterMidstream BusinessE&POil and Gas Investor

Conference Agenda

Monday, April 3

12:00 pm

Pre-Conference Permian Water Forum

The DUG Permian Basin Pre-Conference Water Forum will deliver insights on best practices and new technologies used in the sourcing, treatment, transport and disposal ofwater in drilling and completion of shale wells.

*Requires separate registration.

5:00 pm

Opening Reception

Tuesday, April 4

7:30 am

Registration Open and Breakfast in the Exhibition Hall

8:30 am

Welcome & Opening Remarks

Leslie Haines, Executive Editor-at-Large, Hart Energy

8:35 am

Opening Keynote: All The Pretty Barrels

This operator has been steadily adding to its Permian Basin inventory. Noble Energy has recently expanded its acreage position and production in the basin by approximately 20%, bringing its total assets to 47,200 net acres and 12,000 Boe/d. Here are its economics, efficiencies of scale and outlook, and how it plans to leverage its learnings in other resource plays to best develop its growing southern Delaware Basin position.

  • Gary Willingham, Executive Vice President-Operations, Noble Energy Inc.

9:00 am

Spotlight: Macro-Economics For A Macro-Basin

A new White House has oil and gas executives and investors optimistic about resuming expansion of U.S. oil and gas output, particularly via an ability to get hydrocarbons to market. Is the exuberance firmly rooted in a new paradigm?

9:20 am

Panel: M&A & The Money

Many operators have staked their claims and are buying out and/or trading with neighbors to secure multi-section, unimpeded fairways of pay. Which chess pieces may be sacrificed to secure the kingdom? Meanwhile, public-investor interest in securing upside potential from the Permian's long-life stacked pay has been heated. Do many new opportunities remain for third-inning-level private-equity entry or re-entry?

  • "The Money"
    Mike Kelly, Senior Analyst, Seaport Global Securities LLC
  • "The Transactions"
    Bill Marko, Managing Director, Jefferies LLC

10:00 am

Networking Break

10:40 am

Mid-Morning Keynote: Delaware Spacing Down; Inventory Up

Devon Energy Corp.’s Thistle pilot tested 400-foot vertical spacing between Leonard B and C, with 30-day IPs averaging 1,800 BOE/d, 75% light oil, from 7,000-foot laterals. This successful test adds 950 gross locations to its inventory. Devon may ramp up to as many as 10 rigs in the Delaware Basin by year-end. Here are its results to date and plans.

  • Rick Gideon, Senior Vice President, U.S. Operations, Devon Energy Corp.

11:00 am

Operator Panel: The Double-Barrel Producers

Some Permian Basin operators and nonoperators have exposure in both the Midland and Delaware basins. Here is the potential they're seeing from each and a comparison of returns.

11:40 am

Technical Spotlight: Nickels, Dimes, Quarters

Pioneer Natural Resources EVP Joey Hall described uneconomic and economic wells in terms of nickels, dimes and quarters at DUG Permian Basin last year. Here, a leading OFS expert discusses how continued advancement is producing more quarters than nickels today.

  • David Adams, Senior Vice President-Completion & Production, Halliburton Co.

12:00 pm

Networking Luncheon

1:30 pm

Afternoon Keynote: Giant (2017)

This operator has a massive amount of Permian acreage and a long track record of delivering the returns. Here is its position, plans and outlook.

1:55 pm

Operator Panel: The Midland Basin

Shale-resource development in the Permian began in this basin, spawning the new, great rush to West Texas after 100 years of conventional production. Here is that latest on operators' understanding of the potential of the oil in place and what more is possible from down-spacing and stacking.

  • Ross Craft, President & CEO, Approach Resources Inc.

3:00 pm

Networking Break

3:30 pm

Mid-Afternoon Keynote: Growing The Delaware Results

Having entered the Permian in 2015, WPX Energy is making great strides in developing its Delaware Basin position, posting a Wolfcamp X/Y well with a peak rate of 1,812 Boe/d and a Wolfcamp D with 2,063 Boe/d. It's projecting portfolio-wide oil-production growth of 25% this year and 50% in 2018. Here's how.

  • Clay Gaspar, Senior Vice President and Chief Operating Officer, WPX Energy Inc

3:50 pm

Roundtable: Turning The Bit & Pumping The Frac

Best practices in drilling and completions continue to evolve in sections with stacked pay. How to get the most out of the lateral? And without compromising others? These experts describe what's been tried and what’s been proven to date to be true.

  • Ole Engels, Director-Geoscience & Petroleum Engineering, Baker Hughes Inc.

4:30 pm

Closing Spotlight: A New Oil World

Under the weight of U.S. shale producers' ability to keep up output despite sub-$50 WTI, OPEC members have conceded that their own cuts will have to balance world supply. Here is insight into the new role U.S. producers play in the marketplace and geopolitical factors that will contribute to oil futures.

4:50 pm

Networking Reception

Wednesday, April 5

7:30 am

Registration Open and Breakfast in the Exhibition Hall

9:00 am

Welcome & Opening Remarks

9:05 am

Morning Keynote: Pick A Zone

A leading Permian producer, this operator has pay stretching from the Delaware to the Midland and in the Central Basin Platform and on the Shelf. This is where it's focusing its rig count today and where rigs could be deployed in the future.

9:30 am

Panel: The Delaware Basin

Development and investor recognition of the potential of unconventional resources in the Delaware lagged that of the Midland by about 18 to 24 months leading into 2015. Today, operators’ focus is settling in on the central and southern Delaware and investor appetite for leasehold has grown to rival that of the Midland. Here are two operators’ results and outlooks.

10:10 am

Spotlight: Frackonomics–The Permian Edition

This expert breaks down the breakeven costs–by area and by zone–across the Permian's vast and intricate subsurface. What are the hottest plays, and which ones are poised to soon crack through the economic barrier? How much production can this world-class basin yield?

10:30 am

Operator Spotlight: Central Basin Platform

A growing number of leaseholders are making or planning new horizontal wells in the CBP. Here are their targets and how their plays work.

11:00 am

Conference Adjourns

Agenda content and timeline subject to change