Energy companies working offshore are being urged to consider the huge potential in the onshore unconventional gas sector and learn more its global opportunities and challenges.
The second Unconventional Gas Aberdeen conference and exhibition is due to take place in Aberdeen next week and will bring together international experts to share findings from groundbreaking research and real successes and lessons learned from developments.
It will also highlight the opportunities for oil and gas companies to transfer skills and knowledge to take advantage of major unconventional projects planned in Europe and further afield. It is claimed it could take five years for the UK to start producing shale gas on a commercial scale following estimates the country is sitting on around £1.5trillion of such reserves.
Shale gas is also emerging as the new low-cost source of natural gas in North America.
David Chenier, president in the UK for ConocoPhillips, will give a keynote speech at the event, expected to attract hundreds of delegates.
The eventwhich is being chaired by Tom Pickering, a co-founder of Composite Energy — an early entrant into the sector. He said: “There continues to be a great deal of interest, scepticism and scrutiny in this potentially game-changing industry. Given that the UK is still at the exploration stage, the opportunity exists for the oil and gas industry to listen to and communicate with stakeholders concerned about such developments.
“The industry has to technically demonstrate how those risks are being addressed and monitored safely. These are challenging times, but also exciting as a new source of energy can be unlocked generating more stable economic activity and security of supply for future generations.”
The event is being organised by an industry-led committee with support from Aberdeen City Council, global technology facilitator ITF and Aberdeen section of the Society of Petroleum Engineers.
It will be staged at Aberdeen Exhibition and Conference Centre on November 27 and 28.