Save yourself time and pick up your DUG Bakken and Niobrara badge early! Use this opportunity to participate in the Opening Reception, which includes a complimentary, fully-catered buffet and complimentary drinks.
Wednesday, April 1
Registration, Breakfast & Networking
Welcome & Opening Remarks
Opening Keynote: Whiting's Leap To The Top
Whiting Petroleum overtook an entrenched competitor to become the leading operator in the Bakken with one well-placed acquisition. Hear what Whiting — already a formidable producer in the formation before it bought Kodiak Oil & Gas last year — is accomplishing with the additional drilling rights to 855,000 net acres it acquired in the purchase.
How profitable is drilling in a period of declining prices for barrels of oil? What could greater permission to export U.S. oil do to spot prices and regional differentials? What do declining rig counts yet higher production rates tell us about the region? With the retrofitting of rail cars built before 2011 not a matter of if but when, what affect will the federal regulation have on the economics of the Rockies oil production? These experts provide a look into the direction of Rockies oil and gas economics and activity.
Operator Spotlight: Pumping More For Less In The Williston
Extending 475 miles north to south and 300 miles east to west, the Williston Basin is one of the most prolific petroleum provinces in the U.S. Hear this top-producing operator in the basin discuss its rig program and what it's doing to defy odds and successfully drive drilling and completion costs down from quarter to quarter.
What are current valuations and outlooks across the various plays in the Bakken and Niobrara? What does activity say about the prospects in the Powder River Basin? Join this expert analyst as he explains recent deals, assesses the market and makes predictions about future activity.
Operator Spotlight: What's Shaking Out In The Niobrara
Session sponsored by:
The Niobrara is in demand. Oil production in the calcareous shale has almost doubled from less than 200,000 barrels per day in 2012 to almost 400,000 barrels per day in 2014, while rig counts have more than tripled from 20 to 70 in the same period. Hear just how good the drilling is in the region from an operator that is achieving great results.
Networking Luncheon & Keynote Speaker — Geopolitics & The Hot Spots Of The World
An renowned military expert with key focus areas in Asia and the Middle East, retired General John R. Allen discusses America's geopolitical relationships around the world and the hot spots that will cause the most concern in the coming years. From having been the longest-serving leader of U.S. and NATO troops in Afghanistan, General Allen will share his perspective on global security and sovereignty, as well as updates from his current role coordinating the international coalition to battle ISIS. Learn the inside take on how stable key oil-producing nations are likely to be in coming years, what progress is being made on major regional issues, and how the United States will be impacted.
Afternoon Keynote: Ahead Of The Curve In The Bakken
The cost to drill and complete a Bakken well is averaging $7-8 million by some estimates, down from more than $10 million prior to 2011. Cost reductions come as operators move into development and become more efficient in drilling and completion. One producer who’s been able to accomplish such decreases will share his insights on the process.
Powder River Basin plays — such as the deeper Frontier and Turner, and the shallower Shannon, Sussex, Parkman and Teapot — are gaining attention for their productive potential. How extensive are these opportunities and what results have been achieved to date? Join this panel for insights into these emerging plays.
Midstream Panel: Rolling With Regulations
With more crude leaving North Dakota than ever before, the Bakken may soon become a victim of its own success — and regulation — with the prospect of a bottleneck out of the region increasing. How will the midstream sector, and specifically railroads, respond to new constraints that require the retrofitting rail cars built prior to 2011? A panel of those directly involved in resolving the issue share their insights.
Drilling Smarter for Higher Margins
With a total of 118,000 net acres in the Williston Basin, QEP Resources are proving reserves in the Fort Berthold and South Antelope, with a combined total of 132 MMBoe. Hear how the company is faring as it focuses on growing higher-margin crude oil, as well as how it is developing its liquids-rich gas plays in the Pinedale Anticline and the Uinta Basin utilizing new drilling and completion techniques.
As the price of oil per barrel continues to slide, operators are sharpening their focus on developing new completion technologies to boost returns on investment. Get an inside look at how increased volumes of proppant, use of ceramic proppant and improved frac designs are responsible.
Closing Keynote: Digging Deep Into Three Forks
The Three Forks is emerging as a significant tight-oil resource play, and in the
Williston Basin, the formation’s resource potential has recently been estimated at more than 3.7 billion barrels of undiscovered technically recoverable oil. A leading operator will share the details behind its drilling success in the play, and how the zone is adding to its overall Williston story.
Private firms are active alongside public E&Ps throughout the Rockies' basins. Listen as these mostly close-to-the-vest firms share details of their success and give a glimpse of their future plans.
Panel: Is Downstream the Next Direction for Bakken?
It's estimated that the production of natural gas — which has reached high levels in pursuit of finding oil — will increase 40 percent in the Bakken by 2016, creating a renewed sense of urgency for Bakken operators to reduce flaring and find downstream markets. Find out who is making strides in this growing and important sector of the industry.
The Keystone XL project may be dead for now, but other plans to build pipelines out of the Bakken are still alive and pressing ahead. Hear about these new plumbing projects directly from the players who are investing heavily in this sector.
Keynote: Keeping Pace With Success
Operators have drilled 9,000 wells in North Dakota, and since 2010 the Bakken has put up double-digit growth year after year. Listen to this top producer share details on how his company tries to keep up the pace.