Keynote Speaker

John Peters
Chevron

Monday, November 14, 2011, 7:00 p.m.

Precision Engineering Applied to Deepwater Drilling and Completion

Deepwater drilling and completion faces many technical, safety, environmental and political challenges today, and yet it represents approximately 50% of all new oil discoveries worldwide.  Currently, global deepwater oil production exceeds 5 million barrels of oil equivalent per day and is only expected to increase with rising global demand and depletion of “easy” oil reserves.  Some technical challenges faced in deepwater drilling and completion includes operating in environments with pressures exceeding 20,000 psi, tensile loading exceeding 1,500,000 pounds and a dynamic sea state.  Overcoming these technical challenges requires precision engineering in the areas of sensor measurements, data transmission, strength of materials, high performance mechanical designs and others.

Mr. Peters has worked for Chevron for 29 years.  His previous assignments include Drilling and Completions Manager Chevron Argentina, Drilling and Completions Manager Chevron Australia and Drilling Engineering Team Leader Chevron Energy Technology.  He has a BS degree in Petroleum Engineering from Texas A&M University.

Chevron Corporation is the second-largest integrated energy company in the United States, one of the largest corporations worldwide based on market capitalization.