Perspectives of Petroleum

Activity: Lecture
Host: Moray House Trust
Date: Thursday 3rd August 2017

Dr. Adams, who grew up in Linden, has 40 years of experience in the public and private sectors in the environmental management, groundwater and petroleum production fields, including 30 years with the US Department of Energy.┬áHe holds a PhD in Environmental Engineering, MS Degrees in Groundwater Hydrology and Geological Engineering/Petroleum Engineering, and a BS in Civil Engineering. In early August, he gave a talk at Moray House Trust entitled, “Perspectives of Petroleum – How do we prepare and manage ?”

Video Clips

1: A Primer on Oil
In this introductory clip, Dr Adams touches on the basics of oil exploration, development and production and hints at some of the complexities and uncertainties inherent in the process. He also makes the point that the size of our reserves have to be balanced against the economics of recovering them in the future.
You Tube Clip: https://youtu.be/y1JW2vVNPWE

2: The Economics
“Big Oil is not as big as it used to be.” Dr Adams talks about the changing dynamics of oil supply and how shale oil and renewables will affect the price of oil. He also discusses the terms of Guyana’s Production Sharing Agreement (PSA) with ExxonMobil.
You Tube Clip: https://youtu.be/dKXhFPETlZ0

Further clips will be posted shortly.