Risk, Resources, Economics and Commercial

Upcoming Events

Date/Time: 1 May 2025 | 12:00-13:00
Speaker: Alan Foum, Zanzibar Geophysics
Topic: Risking multiple models in hydrocarbon exploration, segments and Bayes’ Theorem for value of information
REGISTER HERE

Date/Time: 5 June 2025 | 17:00-18:00
Speaker: Peter Carragher, Peter Carragher, Rose Subsurface Assessment
REGISTER HERE

Date/Time: 10 July 2025 | 12:00-13:00
Speaker: Pete Webb, Consultant Petroleum Geologist
Topic: Responsible Gas to Electricity
REGISTER HERE

Past Events

Date/Time: 10 April 2025 | 12:00-13:00
Speaker:
Graeme BagleyHead of Global Exploration & Appraisal for Westwood Global Energy
Topic: The use of Play Base Rates in Exploration Performance Prediction: Which companies have beaten the odds?

Date/Time: 13 March 2025 | 12:00-13:00
Speaker:
Adam Borushek, RISC Advisory
Topic: Adam Borushek, Principal Advisor (Reservoir Engineer) with RISC Advisory

Date/Time: Monday 13 January 2025 | 17:00-18:00
Speaker:
Dr. Helen Croskell
Topic:
Encouraging Offshore Wind in Developing Countries by using an O&G PSA-like Contract

Date/Time: Tuesday 23 April 2024 – 12:00-13:00
Speaker: Alan Foum, Geophysicist
Topic: Carbon Capture and Storage a general overview of business models

Date/Time: Thursday 28 September 2023 – 12.00-13.00
Speaker: Natan Battisti, Petroleum Engineer and Planning & Economics Adviser at Harbour Energy
Topic: How “FAST” Can Help You Make Better and Faster Decisions

Date/Time: Monday 30 January 2023 – 12.00-13.00
Speaker: Oswald Clint, Geophysicist
Topic: Implications of today’s Rupturing Global Energy System

Date/Time: Tuesday 22 November 2022 – 12.00-13.00
Guest speakers: Alan Foum – Geophysicist
Topic: Risking hydrocarbon Prospects – a Discussion

Date/Time: Monday 15 November 2021 – 17.00-18.00
Guest speakers: Rouha Hussaina and Paul Chernik, ERCE
Topic: General economics and commercial models for CCS

Date/Time: Tuesday 15 June 2021 – 17.00-18.00
Guest speaker: Keith Wise – OGUK
Topic: OGUK Reserves Progression Task Force

Date/Time: Thursday 22 April 2021 – 17.00-18.00
Guest speaker: Tom Levy – Senior Geoscience Consultant
Topic: Geologists are the biggest gamblers in the world: Odds, Chance of Success, and Uncertainty 

Join this SIG

Meet the RREC Committee Members

Petroleum economics incorporating risk and uncertainty, resources, and commercial negotiations underpin the upstream Petroleum industry. They are equally applicable with regards projects in the Energy Transition. Overtime industry standards have continuously changed and it is important that there is an interchange of ideas with regards industry standards, training and best practice.

To join this Special Interest Group you must be a GESGB member. Please visit https://www.ges-gb.org.uk/membership/ to find out more about becoming a member.