Full Two Day Agenda: Wednesday & Thursday, November 28 & 29, 2018
Agenda Day One: Wednesday, November 28, 2018
7:30 Registration & Networking Breakfast In The Exhibition Area
8:45 American Business Conferences Welcome & Chair's Opening Remarks
HEAR PIPELINE DEVELOPERS' SHORT-TERM & LONG-TERM PLANS FOR THE PERMIAN
CRUDE, NATURAL GAS & NGL TAKEAWAY BUILDOUT & EXPANSION PLANS TO GET PERMIAN PRODUCTS TO MARKET AND MEET PRODUCTION GOALS
Right now, Takeaway capacity is the main factor constraining growth of Permian production to get to market. Permian Midstream infrastructure is being widely talked about, with all participants trying to understand how midstream constraints will affect them. With the industry in agreement that pipeline takeaway capacity is irrefutably the hottest topic right now, the Permian Midstream 2018 conference opens with a series of presentations and discussions focusing on:
Present Day Takeaway Capacity > Where we are currently? > How much product is being moving out? > What are the key constraints?Planned Build Out > How much new capacity needs to be built out?Future Projects > What needs to be done in the future to get products to markets?
OPENING KEYNOTE: ASSESS THE BIGGER PICTURE OF CURRENT PERMIAN TAKEAWAY CAPACITY
9:00 - 9:45
- Where are we currently? How much product is moving out of the Permian Basin?
- What are the key constraints? Which projects are real? Which ones are still picking up customers?
- How will existing capacity affect the economics and takeaway of planned pipelines?
- What's occurring currently vs. where the industry expects the market to go in the short/long-term?
Right now, these are some of the biggest questions on the minds of participants in the Permian Basin. Join these midstream executives as they share their insight on where the industry is right now in relation to Crude, NGL and Natural Gas takeaway capacity, where the real opportunities exist and how midstream firms can serve producers' needs to get the market to where it need to go.
Insight on Crude Takeaway from:
Insight on NGL Takeaway from:
Insight on Natural Gas Takeaway from:
GET STATUS UPDATES FOR DELAYED PIPELINE PROJECTS
9:45 - 10:15
Pipeline project completion dates have always been moving targets. The industry is constantly hearing of delays, and there are concerns that companies that have released completion dates for previously announced pipelines may not bring projects online on time, which would further exasperate the constraint period.
> As growing production continues to put a strain on existing takeaway capacity, Midstream firms share concrete, realistic completion timelines on when pre-announced pipelines will actually get built and be ready to take customers.
10:15 Networking Break In The Exhibition Area
Join Industry Peers In The Networking Exhibition Area To Discuss Current Takeaway Capacity & Key Constraints Off-Stage
UPDATES ON NEW PIPELINES COMING ONLINE IN 2019
GET INFORMATION BEYOND THE PRESS RELEASES FROM MIDSTREAM FIRMS SPENDING CAPITAL, MAKING REAL PLANS, WITH REAL SKIN IN THE GAME
10:45 - 11:30
The greatest interest right now is in new Crude, NGL and Natural Gas pipelines expected to come online in 2019. Hear from Midstream companies that are bringing those pipelines online, and find out exactly what's being done with takeaway infrastructure, as far as expansions and greenfield projects. Get complete details on:
> Completion Times & Possible Delays
Know when takeaway capacity is coming online for the Permian, which projects are on time and which ones are behind
> Who's Signing Up For Which Projects?
Recognize who's acquiring customers pre-completion
> Information On Capacity & Markets
Know how much spare capacity is going to be available relative to production forecasts
Get insight on where products will move to when 2019 takeaway capacity comes online and how it will impact those markets
Insight on Planned Crude Pipelines from:
Insight on Planned NGL Pipelines from:
Insight on Planned Natural Gas Pipelines from:
ANNOUNCEMENTS FROM THE GULF COAST
NEW PIPELINE INFRASTRUCTURE | IMPACT OF GULF COAST DEMAND ON PERMIAN PRODUCTION GULF COAST'S INTERACTION WITH INTERNATIONAL MARKETS
11:30 - 12:10
New midstream infrastructure is pointing more and more volumes at the Gulf Coast, but what are participants doing down there? Where do things stand in terms of new pipelines through the Gulf Coast? How is the demand for Texas Gulf Coast affecting production in the Permian? Who is continuing to retain the product and who is selling it to international markets? How is the Gulf Coast is moving to interact with international markets?
> Understand the complete gamut of plans of Gulf Coast Midstream participants and find out where Permian products are going to go once they reach the Gulf Coast.
Jeff Welch, Managing Partner, NAmerico Holdings
12:10 Networking Lunch In The Exhibition Area
PRODUCTION FORECASTS ON HOW THE PERMIAN BASIN WILL DEVELOP IN UPCOMING YEARS
E&P COMMENTARIES ON HOW THEY SEE THE PERMIAN GROWING, PLUS POINTS, CHALLENGES AND PRODUCTION PROFILES AT DIFFERENT PRICE POINTS
1:10 - 1:50
The industry knows that it will be a while before additional takeaway capacity comes online. In the meantime, it will be interesting to see whether production growth will continue at the current rate or if something will derail the growth story of the Permian basin. And how much of an impact is the current price of oil and future pricing of oil going to make to production.
In a two part discussion, hear commentaries from some of the most prolific E&Ps in the basin on where they estimate the market to head in the short, medium and long-term, followed by their projections on what production will look like at different price points.
Part 1: How Is The Permian Basin Developing? Quantify Production Volumes And Associated Infrastructure Demand
> Evaluate the scale of drilling programs in Permian hotspots to quantify production rates for each formation and project infrastructure capacity requirements
> Identify locations of active wells to ascertain future areas of production and midstream demand
> Assess which areas of the Permian will be prioritized for future production
> Examine historical E&P production data and break-even rates to assess how they match up to previously projected production curves
1:50 - 2:30
Part 2: Assess E&P Production Expectations At Current & Future Price Points
> How bullish crude production remains is closely tied to the price of oil. This presentation will deliver insight on the implications of current and future prices on production volumes, giving midstream companies and service providers a realistic view on future takeaway requirements.
2:30 Afternoon Networking Break In The Exhibition Area
Join Industry Peers In The Networking Exhibition Area For Off-Stage Discussions
FUTURE CRUDE GRADES & MARKETS THAT ARE OFFERING THE HIGHEST NETBACKS
3:00 - 3:40
Permian crude growth is coming at a different quality today than what it has been for the last five decades. It is not the typical quality that is showing up at trading hubs, and therefore, E&Ps are in need of a highly dynamic solution where netbacks are maximized, and midstream operators need a better awareness of what grade of crudes will flow through their pipelines.
With growing questions around future crude grades, this trader reviews which crude grades are being recovered from the Permian & which markets will likely to offer the highest netbacks, now and in the future.
> Understand whether buyers will prioritize on grade over another and how much will they buy
> Know whether crude grades from Permian are being valued differently from Eagle Ford crude
> Assess what pricing differentials look like in different geographical markets against the WTI
> Find out where traders see U.S. crude going in the future and what that will mean for takeaway capacity
Jason Booth, VP Crude Oil Marketing, Tauber Oil Company
CLOSING MIDSTREAM OPERATOR KEYNOTE PANEL
FUTURE CAPACITY INFRASTRUCTURE PLANS & PROJECTS FOR MIDSTREAM GROWTH FOR CRUDE, NATURAL GAS & NGL
3:40 - 4:30
Over half a dozen pipelines have been proposed to move products out of the Permian in the next four years. That's a significant amount of takeaway capacity. If all of these pipelines come online, is production actually going to tally with that number, especially if the oil price changes? What is the possibility of takeaway capacity being overbuilt?
Review what the Midstream sector plans to do in the short-term to assure infrastructure growth for Crude, NGL and Natural Gas, ensuring buildout matches production curves. Also, learn what their long-terms goals are for the next 10 years.
Get answers to key questions, including:
> Who is going to put down the capital to lay the infrastructure
> What are some of the investments surrounding midstream infrastructure
> Which pipeline projects are in the works after the current round of infrastructure is built
> How much capacity is being planned for and how will it match up to projected production profiles
Thomas Ramsey, CEO, JupiterMLP
4:30 Day 1 Summary & Chairman's Closing Remarks
4:40 - 5:50 Networking Drinks Reception In The Exhibition Area
6:00 - 8:00 Offsite 5* Dinner For Speakers
Agenda Day Two: Thursday, November 29, 2018
7:30 Registration & Networking Breakfast In The Exhibition Area
8:50 American Business Conferences Welcome & Chair's Opening Remarks
WHERE IS PERMIAN CRUDE, NGL & NATURAL GAS GOING TO FIND A HOME?
GET A HIGH-LEVEL UNDERSTANDING OF KEY DRIVERS DRIVING DOMESTIC DEMAND FOR PERMIAN PRODUCTS IN COMPETITIVE MARKETS
9:00 - 10:10
When planned takeaway capacity comes online, where will Permian products go? Will they go to the Gulf Coast, Corpus Christi, Mont Belvieu, Cushing or elsewhere? Which markets are offering the highest for Permian products? Also, what will be the impact of new oil flooding these markets?
> Assess demand and pricing differentials for Permian Crude, NGL and Natural Gas, and accessibility for the most competitive markets to achieve the highest netbacks
Insight on Markets for Crude:
Insight on Markets for NGL:
Insight on Markets for Natural Gas:
CONTINUE THE VALUE CHANGE BEYOND THE DESTINATION OF THE PIPELINE
INTERNATIONAL OPPORTUNITIES TO PARTICIPATE IN ECONOMIC UPSIDES BEYOND US MARKETS
10:10 - 10:45
If you're building a pipeline from the Permian Basin to the Gulf Coast, where does the crude go after that? What opportunity does the producer have beyond the destination of the pipeline?
The US producer community is becoming highly cognizant of the role they play not only in the domestic energy market but also in the international arena. Permian producers are much more appreciative that there are international opportunities and economic upsides beyond the destination of the pipeline, and beyond the Gulf Coast. However, the propensity to exploit international trade opportunities varies on a producer-by-producer basis, what they're motivated by, what their risk profile is and how they like to engage with counterparties that allow them to trade into international markets.
> This presentation delivers insight and outlook on competitive export destinations and profitable opportunities for Permian crude.
10:45 Morning Networking Break In The Exhibition AreaJoin Industry Peers In The Networking Exhibition Area For Off-Stage Discussions
NGL FRACTIONATION & STORAGE CAPACITY:
MONT BELVIEU & BEYOND
11:15 - 11:55
No matter how much pipeline capacity you have, if fractionators are full, producers can't move NGL down the line. Existing plants have been running flat out. New fractionators in Mont Belvieu haven't been coming online as quickly as the need for them, and producers are hesitant to commit to building new fractionation capacity. Mont Belvieu may be the core of NGL fractionation and storage, but other locations in Texas are offering almost half as much fractionation capacity and fair amount of storage.
> This Midstream leader will examine the potential impact of product coming to Mont Belvieu and reviews what is being done in at Mont Belvieu and in other locations to ensure NGL keeps moving down the line.
Doug Coleman, Vice President, Prism Midstream
NATURAL GAS PROCESSING:
CAPACITY VS. PRODUCTION
11:55 - 12:30
Examine Natural Gas Processing Capacity At Existing Facilities And Find Out How Its Comparing To Production Coming Out Of West Texas
- Find out the locations of gas processing facilities accepting customers in the Permian Basin
- Quantify imminent needs for further gas processing plants to avoid production slow down
- Learn which companies are planning to invest in gas processing facilities in the next 5 years
12:30 Networking Lunch In The Exhibition Area
Brian Pieri, Vice President - Marketing, LINN Energy
MEXICO INFRASTRUCTURE BUILDOUTS:
PIPELINES, POWERPLANTS & DEMAND
1:30 - 2:15
With landowner issues and regulatory challenges continuing to stall Mexico's internal pipeline and power plant infrastructure buildout. When will Mexico in pipelines be ready to serve the market and concurrently capture Natural Gas coming from the Permian? In the interim, how will these holdups impact Permian Natural Gas market dynamics?
Assess details, specifics and timings on Mexico's infrastructure development plans and the impact on Permian's Natural Gas demand dynamics. Know if and when Mexico is a viable export destination
> Understand the major holdups between the development of infrastructure
> Examine timing and schedules for bringing natural gas pipeline online in Mexico: Are they planning for to bring pipelines online in the next quarter, next year or later?
> Recognize capacity of pipelines to understand how much Natural Gas can be absorbed
2:15 Afternoon Networking Break In The Exhibition AreaJoin Industry Peers In The Networking Exhibition Area For Off-Stage Discussions
PRIVATE EQUITY CAPITAL FUNDING FOR PERMIAN PIPELINES
2:45 - 3:25
With a lot of publicly traded companies hesitant to overspend after the recent downturn, private equity dollars are flooding the market and helping to fill the void. Private equity firms are aggressively paying billions to buy premium Permian Basin pipeline assets.
> Assess how private equity and investment specialists see the market and recognize the track records of pipeline developers. Crucially, understand how the risk-adjusted rates of return dynamic works between the operator offering a low rate, and investors seeking high rates.
PROJECT RISK MITIGATION IN A FAST-PACED, WILDCAT ENVIRONMENT
3:25 - 4:00
If a Midstream company wants to make last-minute changes or build fast, with the current supply chain and low levels of transparency, they might not able to meet their needs.
In this industry version of wildcat, midstream companies are competing with one other for takeaway capacity buildout. Strategic relationships between Midstream firms and servicing/technology companies can help reduce project risks and mitigate supply chain crisis.
> Be part of this discussion on strengthening relationships with suppliers, giving participants greater visibility on equipment delivery lead-times, project execution timeframes and possible delays for equipment showing up.
4:00 Day 2 Summary & Chairman's Closing Remarks
4:10 End Of Permian Midstream Congress 2018