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Exclusive pre-training interview
Gerrit Wigger shares his view on gas processing and the future of oil & gas industry.
1. You will be the trainer at our Gas Processing Operations Training. What can the attendees look forward to?
Attendees will get an overview of existing Gas Processing Operations Techniques and will be introduced to innovative techniques as well. The attendees will be invited to discuss their issues on Operations in their own operating company to exchange information to solve these issues.
2. You have worked both on subsurface and surface facilities. Which project has been the most challenging?
Indeed I have been involved in sub-surface and surface operations, which means that with surface knowledge, you can solve sub-surface issues and vice versa. The most challenging for me has been the last 15 years in sub-surface operations, because I’ve been involved in the introduction of my own new production techniques to improve well performance and ultimate recovery. Combining the knowledge of both disciplines has been a real challenge for me.
3. What are the economic aspects of hydrocarbon reservoirs? Where are companies leaking money?
The economic aspects of hydrocarbon reservoirs can be summarized to lifecycle capital expenditure for projects, including the decommissioning costs and the lifecycle operational expenditure. These costs are set against the life cycle value of revenues.
4. In 2015, upstream companies faced a drop in revenues, capital projects were being cut and oil prices were low. Where do you see the future of the oil & gas industry?
The future of the oil & gas industry lies in the transition towards renewables. This means that the upstream industry is working to improve the ultimate recovery together with creating sustainable reservoirs, where the function of the reservoir as a gas and oil resource is being gradually replaced by the energy supplier function (hydro energy in combination with geothermal energy). Depending on the demand for oil & gas, the industry has to be careful when making investments. Re-use of materials and assets are the main issues for the oil & gas industry.
5. Gas is a competitive option. It creates less CO2 emissions and gas demand in the EU is rising. In your opinion, what are other advantages?
Gas is a competitive option against coal, oil and biomass in the perspective of the environment. On the roadmap to a non-fossil future, gas is the prime transition fuel for many decades to come. The gas reservoirs are the most useful reservoirs in terms of making them fit for purpose to use them as energy suppliers in a sustainable world.
Find out more about the Gas Processing Operations MasterClass Training
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