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Business School, University of Colorado Denver
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GEM Executive Speaker Series


 

Executive Insights Presented by Pete Stark
The Exploration Conundrum - Threshold for a New Paradigm

Thursday, Nov. 17, 2016

11:30 am (MDT) Registration and Lunch

12:00 pm (MDT) Presentation begins in person and online

CU Denver Business School
Laube Commons and Online
1475 Lawrence St.
Denver, CO 80202
United States

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The Exploration Conundrum - Threshold for a New Paradigm

Pete Stark, Senior Research Director and Advisor at IHS, will discuss recent exploration and discovery trends, oil and gas prices and market (supply and demand) factors, expanded application of horizontal technologies in unconventional and tight reservoirs and the emergence of super basins (with the US Permian Basin as a model) in transforming resources to supplies. These, plus above ground risks are shaping major changes for the exploration future.

Pete will leverage IHS industry trend and performance data, economic analyses and global oil and gas market factors to illustrate how the global petroleum industry is undergoing a radical change driven by breakthroughs in North American unconventional oil and gas. Petroleum exploration is a core element of the changes.

Peter Stark

Philip H. “Pete” Stark is Senior Upstream Research Director and Advisor for IHS Markit in Englewood, Colorado. Prior to joining IHS in 1969, Stark was an exploration geologist for Mobil Oil. Dr. Stark has authored papers on E&P databases, hydrocarbon shows, horizontal drilling, US natural gas, global oil and gas resources, global E&P trends, giant fields and unconventional O&G. He co-authored special IHS studies of North American gas supplies, unconventional gas

supplies, North American and global tight oil and global reserves replacement. Pete has participated in the AAPG Resources Committee and AAPG-SPE and Hedberg resource research conferences. He has served on the AAPG Corporate Advisory Board and boards of the AAPG International Pavilion and PPDM. Previously, he was chairman of the Board of Visitors for the University of Wisconsin Department of Geology and Geophysics. Dr. Stark holds a BSc in geology from the University of Oklahoma and MSc and PhD degrees in geology from the University of Wisconsin. The University of Wisconsin Department of Geology and Geophysics honored Dr. Stark’s contributions to the university and profession with a Distinguished Alumni Award. Pete received a 2011 Honorary Member Award from the American Association of Petroleum Geologists, the 2011 IHS Chairman’s Award and the 2015 COGA Lifetime Achievement Award. Pete also was named to the Denver and Houston Business Journal’s “Who’s Who in Energy” publications.

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