BEGIN:VCALENDAR VERSION:2.0 PRODID:-//SPE WA - ECPv6.18.0//NONSGML v1.0//EN CALSCALE:GREGORIAN METHOD:PUBLISH X-ORIGINAL-URL:https://www.spe-wa.org X-WR-CALDESC:Events for SPE WA REFRESH-INTERVAL;VALUE=DURATION:PT1H X-Robots-Tag:noindex X-PUBLISHED-TTL:PT1H BEGIN:VTIMEZONE TZID:Australia/Perth BEGIN:STANDARD TZOFFSETFROM:+0800 TZOFFSETTO:+0800 TZNAME:AWST DTSTART:20230101T000000 END:STANDARD END:VTIMEZONE BEGIN:VEVENT DTSTART;TZID=Australia/Perth:20240828T164500 DTEND;TZID=Australia/Perth:20240828T193000 DTSTAMP:20240805T050555Z CREATED:20240708T042827Z LAST-MODIFIED:20240805T050555Z UID:35117-1724863500-1724873400@www.spe-wa.org SUMMARY:AGM and Distinguished Lecturer: CO2 Storage Resource Management System – Application and Learnings from World’s First Booking DESCRIPTION:Society of Petroleum Engineers Western Australia is proud to present the details of our August 2024 SPE WA Technical Evening Meeting. The technical meeting will be preceded by the SPE-WA 2024 Annual General Meeting. \nAbout the Presentation\nCarbon capture\, utilization and storage (CCUS) is experiencing rapid growth and the ability to classify and compare projects across the globe is of increasing importance. The CO2 Storage Resources Management System (SRMS) has been designed to provide the common framework and is increasingly being applied across the industry. The SRMS has been seeded from the widely used Petroleum Resources Management System (PRMS)\, which makes it ideal for industry professionals familiar with the concepts of classification and categorization. \nThe SRMS was applied to an onshore project by an Australian oil and gas company in 2021 and led to the world’s first public reporting of CO2 storage quantities under the SRMS classification system. Standard reserves workflows and systems were modified for CO2 evaluation and reporting\, resulting in a streamlined processes throughout the organization. Multiple benefits were realized such as standardized evaluation and reporting\, a unified language across the company\, and enhanced formality in CCUS reporting. \nAs more CCUS projects are proposed\, a robust classification system has become vital to communicate consistent terminology\, valuation methodologies\, and reporting systems for identifying project status and differential between projects. The application of the SRMS is highly recommended for stakeholders\, financiers\, or regulatory bodies involved in the commercial development of a CCUS project. \n\nAbout the Speaker\nPaul Lyford is the General Manager Planning Portfolio & Resource Management at Santos Ltd\, an Australian oil and gas company and the first to add CO2 Storage resources to the annual reserves report. Paul has over 30 years experience and has been involved in many field developments across Australia. He has a background in reservoir engineering\, operations\, planning\, strategy and commercial. He is a Fellow of the Institution of Engineers Australia\, a member of Society of Petroleum Engineers (SPE) and member of Society of Petroleum Evaluation engineers (SPEE). Paul holds an honors degree and PhD in Engineering from University of Melbourne and post graduate qualifications in Finance. Paul is currently a member of the SPE CO2 Storage Resources Committee (CSRC) and part of the SPE SRMS subcommittee charged with updating the SRMS. \n  \nAbout the Event\nPrice:             Early Bird SPE Member          $40 \n                       Early Bird Non-Member          $60 \n                       SPE Member                          $50\n                       Non-Member                           $70 \nDate:              Wednesday\,  28 August 2024 \nLocation:       Parmelia Hilton Hotel\nLocation:       14 Mill Street\, Perth WA 6000 \nTime:             4:45 pm – 5:00 pm Registration & Networking. \nTime:             5:00 pm – 5:10 pm Annual General Meeting. \nTime:             5:10 pm – 5:50 pm Opening remarks and presentation.\nTime:             5:50 pm – 6:00 pm Q&A Session.\nTime:             6:00 pm – 7:30 pm Closing with networking drinks & nibbles. \nFree tickets are available for Students. SPE WA in conjunction with our sponsors is kindly sponsoring students to attend the monthly technical events. Please apply through your Student Chapter. URL:https://www.spe-wa.org/event/distinguished-lecturer-co2-storage-resource-management-system-application-and-learnings-from-worlds-first-booking/ LOCATION:Pamelia Hilton Hotel\, 14 Mill St\, Perth\, WA\, 6000\, Australia CATEGORIES:Technical Program ATTACH;FMTTYPE=image/gif:https://www.spe-wa.org/wp-content/uploads/2024/07/Featured-Image-28-August-2024-.gif ORGANIZER;CN="Jack Harfoushian":MAILTO:jackharfoushian@gmail.com END:VEVENT END:VCALENDAR