Virtual URTeC Summit

Decode the Subsurface and Land in the Pay Zone

Create the Future of Energy Together

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63% of surveyed O&G organizations say current market challenges are causing them to re-evaluate their technology.

URTeC 2020

The companies leading the charge know optimizing assets no longer means increasing production without taking costs into consideration. This market will reward technology adopters that scale capital-efficient strategies.

URTeC 2020

We partner with industry leaders to overcome these challenges and would like to invite you to join Enverus as we dig into these stories and highlight the biggest takeaways and innovations coming out of URTeC 2020.

URTeC 2020

Click below to set up a one-on-one consultation with one of our industry experts.

Register below to attend one of our virtual sessions

Monday, July 20th

9:00 AM CT
WHAT’S NEXT | Executive Briefing on State of the Market & Adaptability
Gain unique access to Enverus’ co-President of Oil & Gas, Manuj Nikhanj, Chief Product Officer, Jimmy Fortuna and CEO, Jeff Hughes, as they explore the state of the market, economics and production outlook including modest adjustments that can mean the difference between profitability or destruction of capital. This is a must-attend session for those trying to navigate the current market and preview the technologies that will help you adapt in the next 12-18 months.

URTeC 2020
Jeff Hughes – CEO

Jeff has a 20-year track record of driving market share and profit growth at SaaS businesses, ranging from startups to Fortune 500 corporations. His expertise with P&L management, leadership of global teams, and tech innovation are defined by his unwavering commitment to customer satisfaction. Before joining Enverus, he worked as the General Manager for Digital Insight, Chief Technology Officer for NCR Financial Services, and the General Manager for Radiant Systems. Jeff’s SaaS career began in 1995, when he founded CompleteSynergy with a first-of-its-kind software application.

Jeff earned a Bachelor of Science in Marketing and Management from the University of Nebraska

URTeC 2020
Jimmy Fortuna – Chief Product Officer, Products
Jimmy’s product-focused career within technology businesses began in 1995. In roles ranging from Vice President of Product Management to Chief Technology Officer, Jimmy has helped large and small companies grow quickly by leading the development, differentiation, and quality improvements of complex, global product portfolios. Most recently, Jimmy served as VP of Product Management at Omnitracs, LLC and prior to that time was VP of Product Development at NCR Corporation. Jimmy is an inventor on two issued U.S. patents and many more applications in process. Jimmy received a Bachelor of Science in Management from Georgia Tech.

URTeC 2020
Manuj Nikhanj – CFA, FRM Co-President, Oil & Gas Analytics

Manuj is the Co-President of Oil and Gas Analytics at Enverus and shares responsibility with Jim Jarrell for running all facets of the business. Prior to joining the Enverus, he was the President and Co-CEO of RS Energy. Over the last 17 years he has completed several hundred evaluations of public and private producers, plays and assets. Manuj has served as a trusted advisor for multiple company boards and executive teams around strategy and execution on new and existing assets. Prior to RS Energy Group, Manuj was Co-Head of Energy Research at ITG, which in 2011 acquired the Ross Smith Energy Group where Manuj was a partner. He obtained his bachelor of commerce degree (with distinction) from the University of Calgary and is a CFA and FRM charterholder.

10:30 AM CT
Where will activity rebound as prices recover: Price forecasts and breakeven economics
In this session, Bernadette Johnson, vice president of Strategy and Analytics, will discuss key macro trends, our forecast for price recovery, operator and play level breakevens, which operators are on the margin, and what key price thresholds to watch.

URTeC 2020
Bernadette Johnson – Vice President, Market Intelligence

Bernadette joined Enverus through the acquisition of products and services from Ponderosa Energy. She serves as Vice President of Market Intelligence for Enverus and is responsible for helping to grow and expand Enverus’ analytics offerings, building on her work as a founding partner of Ponderosa Energy leading consulting engagement and research efforts. With over 10 years of experience in the energy industry, Bernadette has earned the reputation of industry expert with extensive experience providing crude, natural gas, and NGL fundamentals analysis and advisory services to various players in the North American and global energy markets. A regular commentator for and speaker to the energy industry, her specific market expertise spans financial trading, production forecasts, demand forecasts by sector, infrastructure analysis, midstream analysis, storage value analysis, and price forecasts.

Bernadette holds a Master of Science in International Political Economy of Resources and a Bachelor of Science in Economics from the Colorado School of Mines.

URTeC 2020
Ian Nieboer – Managing Director

Ian directs RSEG’s expanding Macro and International teams and oversees our flagship Hardcore report, an ongoing series that analyzes the oil and gas industry using the latest drilling and economic data. Ian delivers conference presentations, television interviews and advisory mandates for corporate and institutional clients. Prior to joining RSEG, Ian progressed through a variety of field and development engineering roles at Canadian Natural Resources. He is a CFA charterholder and a registered professional engineer in Alberta. He holds bachelor degrees in engineering physics and applied economics from Queen’s University and an MBA from IESE Business School.

12:00 PM CT
Haynesville Inventory Opportunities
Full development of the Haynesville Natchitoches Fault Zone sub-play has historically been hindered due to heightened drilling and production risks associated with the large fault system. In this session, we will discuss how operators are unlocking inventory by proving they can repeatedly navigate the NFZ’s geological complexity to achieve impressive productivity from wells situated near the faults. See how the NFZ has recently emerged with productivity and economics comparable to the Louisiana core, proving its high quality

URTeC 2020
Jimmy McNamara – Sr. Associate

Jimmy joined RSEG in 2017 as a part of the Gulf Coast team. He contributes to play characterization and company valuations with the use of financial and technical analysis. Jimmy previously worked for four years at Cenovus Energy in various financial roles within the new-graduate rotational program. Jimmy graduated from Western University with a bachelor of finance and is a Level II candidate in the CFA program.

1:30 PM CT
Unconventional Producer Corporate Analysis
In this session, Shawn Stuart will walk through how our team compares unconventional inventory quality and depth across operators throughout the L48, leveraging best-in-class spacing, well performance, and economic analytics. We will also demonstrate the incredible importance of considering balance sheet strength and hedging books in this comparative analysis during the current low-price environment.

URTeC 2020
Shawn Stuart – Associate

Shawn joined RSEG in 2018 and is part of the Capital Markets team. He focuses on company valuations, comparative analysis and financial modeling across the E&P sector. Shawn graduated with a bachelor’s degree in managerial economics from Union College in Schenectady, New York, in 2013.

3:00 PM CT
Harnessing Machine Learning to Optimize PUD Value
In this session, Nik Mouwen will show you how to leverage machine learning and the cutting-edge technology of Next to answer multiple complex questions and determine the optimal PUD value for a given asset.

URTeC 2020
Nik Mouwen- Data Science Product Owner

Nik joined RSEG in May 2017 as part of the Rockies Intelligence team. He contributed to play characterization, company valuation and financial modeling. In 2019 he transitioned to the data science team as a Product Owner for the Machine Learning and Statistics team helping guide the development of predictive solutions. Nik previously worked in the oil and gas industry as a technical services specialist and field supervisor for an oilfield services company. Nik graduated from the University of Calgary with a bachelor of science in mechanical engineering and has passed the level III CFA exam.

Tuesday, July 21st

9:00 AM CT
Transform VI: the Next Chapter in GG&E
If you could build a software platform to optimize unconventional operations, what would you build? We asked the same question and then worked alongside industry leaders to build it. Join this session for an overview of the brand new Enverus Transform VI, including a new Section View and Correlation View, upgraded licensing and login system, and multiple well display and interactivity enhancements.

URTeC 2020
Robyn Marchand- Technical Advisor

Robyn Marchand is a Senior Geoscientist at Enverus focused on the company’s Transform software helping clients with projects and improving efficiency of workflows within the platform. Before joining the Enverus team, she worked over 19 years exploring Unconventional & deep-water Conventional Basins. Assignments included exploration in Eagle Ford, Woodford/Scoop-Stack, DJ Basin & GOM areas, plus corporate planning & well-site operations. Robyn earned a Bachelor of Science in Geology from Centenary College and a Master of Science in Geology from Baylor University.

URTeC 2020
Patrick Rutty – Technical Director
Patrick is a Technical Director at Enverus, where he previously held positions in Technical Sales and Consulting and as Product Manager for the company’s Transform software. Before joining Enverus, he spent 26 years working with large and small E&P companies as a member of various exploration teams focused on basins in North America,

Saudi Arabia, and central Europe, in roles from prospect generation and exploration management to business development and executive leadership.

Patrick earned a Bachelor of Arts in Earth Sciences from Dartmouth College and a Master of Science in Exploration and Development Geophysics from Stanford University

10:30 AM CT
Re-tooling the Industry: Leading Indicators and Market KPIs for a Volatile Market
With increased volatility, understanding how the oil & gas business is doing has become proportionally more complex. Rig or permit counts alone are no longer the best leading indicators of activity. A more comprehensive and integrated approach is needed. In this session, we will discuss the best candidates for leading indicators and how OFS companies can leverage them to maximize their growth potential.

URTeC 2020
Cody Loverin – Vice President, Oilfield Services

Cody Loverin serves as Vice President, Oilfield Services for Enverus and is responsible for managing the OFS product lines. He is an experienced Business Development Leader with an impressive 14-year career that includes advancement to increasingly demanding leadership roles based on success in the Oil & Gas industry. Initially in his career Cody joined Baker Hughes as a Marketing Account Representative and grew market share on multiple enterprise-level accounts, while managing more than $50mm in Total Available Market. Most recently with Gravity Oilfield Services, he made key contributions, driving positive EBITDA growth by building and influencing a top-performing, enterprise account management team across multiple segments. In addition to this, he skyrocketed CRM adoption from less than 10% to more than 90%. With a solid history of accomplishments, he is as much at home leading operations and teams to excel as he is in client-facing roles. Also noteworthy, Cody has given back as a volunteer to several philanthropic organizations, such as Spindletop Charities, where he serves on the Emerging Leader Committee. Cody holds a Master of Business Administration degree and a Bachelor of Science degree in Criminal Justice and Political Science from Texas Christian University.

URTeC 2020
Akash Sharma – Sr. Analyst & Consultant, Analytics & Product (OFS)

Akash works with multiple teams across the Enverus Product organization providing subject matter expertise on the Energy Industry for various product innovation and consulting efforts. His expertise lies in Unconventional Shale reservoirs with focus on Reservoir Engineering, Reserves Estimation, Production Analysis, Data driven modeling and Cross-Platform analytics. He has worked on advocacy for data-driven decision making and implementing transformational changes all across the energy value chain. Prior to joining Enverus, he worked as a Researcher at the University of Houston working on developing workflows for improved EUR estimation using deterministic and probabilistic methodologies and providing valuable inputs to energy investment groups and technical advisory groups alike.

He has been published multiple times with SPE and AAPG in the past and presented at multiple industry and academic conferences. Akash holds a MS Degree in Petroleum Engineering from the University of Houston and a BE in Petroleum Engineering from the UPES, India

12:00 PM CT
Asset Valuation Workflows
In this session, Ryan Luther will walk through how our team leverages Prism to quickly value upstream assets. The discussion will focus on the Permian Basin where inter-well spacing, completion design, and parent-child relationships all need to be carefully considered to arrive at an accurate valuation.

URTeC 2020
Ryan Luther, CFA – Vice President

Ryan joined RSEG in 2016 after graduating with distinction from the University of Victoria and earning a bachelor of science economics with a business minor specializing in finance. As a part of the Permian Intelligence team, Ryan’s financial expertise contributes to the team’s transaction analysis, upside asset valuations, and economic modeling.

1:30 PM CT
Spacing Trends & Impacts
In this session, Steve Diederichs will evaluate the impact of both inter-well spacing and time-lagged development on recoveries, economics, and inventory. Using spacing pilot results in the PRB as a starting point, this presentation will leverage Intelligence Reports and the Prism platform to demonstrate how to quickly identify parent and child wells, assess relative performance and economics, and look at high-level spacing and performance trends.

URTeC 2020
Steve Diederichs – Associate

Steve joined RSEG in 2018 and leads the Rockies Intelligence team where he focuses on characterizing well design and performance. Previously he worked for three years in the field with a major service company as a field engineer on a hydraulic fracturing crew in the Marcellus, Utica, Haynesville, Eagle Ford and Permian. Steve graduated from Queen’s University in 2015 with a B.Sc. in geological engineering.

3:00 PM CT
“Q + RS”: How Three Letters Will Change The Way You Generate Forecasts and Type Curves.
In this presentation, Calvin Caraway will demonstrate how the Q Engineering product suite can be used to quickly generate reliable PDP forecasts and PUD type curves for an asset valuation.

URTeC 2020
Calvin Caraway – Technical Account Manager 

Calvin Caraway graduated from Texas A&M in 2015 and began his career as a reservoir engineer at Chevron Corporation. While there, Calvin focused predominately on type curve generation, production forecasting, and offset competitor analysis for Permian unconventional assets. In 2019, Calvin moved to Q Engineering where he now serves as technical account manager for the Q product line (TypecurveStudio and BasinStudio).

 

 

Wednesday, July 22nd

9:00 AM CT
Diligent Mineral Acquisitions & Management
In this session, Rob Zimmerman & Jay Snodgrass will give an in-depth dive of a front-to-back mineral acquisition. We will use the Enverus suite of products to show how to effectively source mineral owners, evaluate a potential deal, and then strategically manage it.

URTeC 2020
Jay Snodgrass – VP, Sales & Business Development, MineralSoft

Jay Snodgrass currently serves as Vice President of Business Development for MineralSoft, recently acquired by Enverus. In this role, Jay works closely with strategic clients on managing their mineral, royalty and non-operated working interest investments to help them solve challenges around reporting to shareholders impacted by strategic decisions, such as forecasting asset values, identifying inaccurate or missing payments, and providing insights into portfolio performance to key stakeholders.

Jay brings a successful track record of more than 10 years as an investment professional in oil and gas. He has been recognized by Oil & Gas Investor Magazine as one of 20 finance professionals under 40 years of age who are expected to lead the industry into the future.

Jay earned a Bachelor of Business Administration in finance and computer information systems from the University of Miami. He holds professional designations including Certified Mineral Manager and Registered Landman.

URTeC 2020
Robert Zimmerman – Technical Advisor – Land & Minerals

Rob is a Technical Advisor, land and minerals for Enverus Drillinginfo. He specializes in Mineral & Royalty management, forecasting drilling activity, ownership decimal calculations, land & title analysis & curative, GIS mapping & workflows, and land, mineral & lease acquisitions. Rob graduated from the University of Texas at Austin in 2016 with a BA in Economic and was working as an asset manager at a minerals & royalty acquisition firm prior to joining the Enverus team.

URTeC 2020
Phillip Dunning – Sr. Manager of Strategy, Enverus

Phillip is the Sr. Manager of Strategy at Enverus. Prior to joining the company in early 2016, Phillip worked as an asset development engineer in the Appalachian Basin and later as a Managing Director in an upstream private equity firm focusing on equity investments in unconventional plays and royalty/mineral acquisitions. Phillip has advised companies on deploying capital, raising money, and acquisitions/divestitures, and has helped start up numerous oil and gas companies since 2013.

Phillip joined the U.S. Army in 2008, commissioning as an Engineering Officer in 2013. He currently serves at the 136th MEB as an LNO for the Homeland Response Force. Phillip holds a Bachelor of Science in Engineering from The Ohio State University and a Master of Science in Petroleum Engineering from the University of Louisiana.

10:30 AM CT
Permian Water Dynamics
In this session, Akash Sharma (Enverus) and Rob Bruant (B3 Insights) will discuss water trends in the Permian, produced water, water demand for completions, and developments in capacity and permitting of SWD. They will cover key trends existing across the market and provide insight into concerns around capacity, permitting and induced seismicity as well as discuss the economic and regulatory impact on Permian oil and gas operations.

URTeC 2020
Akash Sharma – Sr. Analyst & Consultant, Analytics & Product (OFS)

Akash works with multiple teams across the Enverus Product organization providing subject matter expertise on the Energy Industry for various product innovation and consulting efforts. His expertise lies in Unconventional Shale reservoirs with focus on Reservoir Engineering, Reserves Estimation, Production Analysis, Data driven modeling and Cross-Platform analytics. He has worked on advocacy for data-driven decision making and implementing transformational changes all across the energy value chain. Prior to joining Enverus, he worked as a Researcher at the University of Houston working on developing workflows for improved EUR estimation using deterministic and probabilistic methodologies and providing valuable inputs to energy investment groups and technical advisory groups alike.

 

He has been published multiple times with SPE and AAPG in the past and presented at multiple industry and academic conferences. Akash holds a MS Degree in Petroleum Engineering from the University of Houston and a BE in Petroleum Engineering from the UPES, India

URTeC 2020
Robert Bruant – Product Director, B3

Rob Bruant currently serves as Director of Product for B3 Insight. Previously, Rob worked in a variety of roles for BP and Pioneer Natural Resources including Strategy Manager, Subsurface Manager, Reservoir Engineer, and Petroleum Systems Analyst. Rob also held positions of Instructor and Research Associate at Princeton University.

Rob holds a B.A. in Geosciences from Franklin and Marshall College, a Ph.D. in Hydrology from the University of Arizona, and an M.B.A. from the University of Chicago’s Booth School of Business. He serves on the Board of Directors for the Produced Water Society, the Dallas Section of the Society of Petroleum Engineers (SPE), and contributes as the Membership Chairperson for SPE’s Carbon Capture, Utilization, and Sequestration Technical Section. Rob is a licensed Professional Geoscientist, Professional Hydrologist, and Certified Petroleum Engineer.

12:00 PM CT
DUC Inventory: Implications on supply and price recovery
The DUC count is building rapidly. How many wells are being held back and what volume do they represent? Where are the DUCs by basin and operator? What does this form of supply storage mean for price recovery? The U.S. has unapologetically counted on productivity gains for its historic rise in production. But will the trend continue? Signs point to no. But, in the short term, the answer may well be…maybe. In this session, learn how much, where, and—most importantly—when?

URTeC 2020
Sarp Ozkan – Director, Energy Analytics at Enverus

Sarp is a Director, Energy Analytics and Crude Market Efforts for Enverus Drillinginfo Market Intelligence. He has research and modeling experience in the upstream and downstream markets and has presented his work at various academic conferences around the world, including those organized by the SPE and the IAEE. He has also been published in the SPE Economics & Management Journal for his work on the long-term economic viability of production from unconventional liquids-rich reservoirs. Sarp’s focus on data-driven modeling and his ability to incorporate the effects of technological and market advances into analyses provides clients a thorough picture of the present and the future in their area of interest within the oil and gas industry.

Sarp holds a Master of Science in Mineral and Energy Economics from the Colorado School of Mines, a Master of Science in Petroleum Economics and Management from the Institut Francais du Petrole (IFP School), and a Bachelor of Arts in Economics from the University of Chicago.

URTeC 2020
Jeremy Hornell – Technical Advisor

Technical Advisor with Enverus working with cross-disciplinary teams from the upstream, midstream and oilfield service space to discuss technical solutions.

Prior to joining Enverus served as a Senior Geophysicist for SEIMax Technologies and Schlumberger – focused on development of large-scale geophysical models, working across multiple conventional and unconventional basins with domestic and international experience. Studied Geology at Texas A&M University.

1:30 PM CT
Subsurface Impacts on Permian Well and Spacing Designs

In this session, Steve Sagriff and Bryn Davies will dig deeply into the evolution of Permian well design, completion engineering, and vertical/horizontal inter-well spacing, including how geological heterogeneity should impact development planning. While single-zone development results in the most economic wells, this strategy can impair future inventory in adjacent intervals. Enverus defines flow units for both basins and identifies where operators are most at risk for future across-zone parent-child degradation, as well as correlating downspacing degradation with reservoir lithology.

URTeC 2020
Stephen Sagriff, E.I.T – Sr. Associate

Stephen joined RSEG’s analyst team in January 2018 and is a member of the Permian Intelligence team. He has a reservoir engineering background in a business development capacity, having previously worked at RimRock Oil & Gas and interning at ConocoPhillips, both in Calgary. Stephen earned his bachelor’s degree in chemical engineering from the University of Calgary in 2016.

URTeC 2020
Bryn Davies, G.I.T – Sr. Associate

Bryn joined RSEG’s geology team in 2017 to build out Permian Basin interpretations. Bryn graduated with a master’s degree in petroleum geosciences at the University of Alberta in 2016 and holds a bachelor’s in geological sciences from Queen’s University (2015). She previously had internships with the exploration teams at Suncor Energy and Talisman Energy

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