Welcome & Introductory Remarks and Keynote: Economic and Political Update

Nov 9, 2021 8:00am ‐ Nov 9, 2021 9:25am

Identification: OIL2101

In 2021 we have seen a bounce-back of global oil prices, a resurgent global economy, and a buoyant driving season, fueled by the roll-out of Covid-19 vaccines. We have also seen the initial policy signposts from the new administration, and the resurgence of the virus, both here in the U.S., and other parts of the world.

In this session Mark Snead, President and economist at RegionTrack, Inc. will provide his view of what we might expect to see through 2022. Attend this session to get his expert perspective of the economic outlook for the industry as a whole, as well as for specific segments and regions of the energy-producing business.

• Identify the critical drivers and scenarios most likely to impact demand for oil & gas in a post-Covid environment
• Assess the differential impact on various regions and sectors of the oil & gas industry
• Analyze the implications of changing economic dynamics on oil and gas investment, production, and workforce decisions

ESG Reporting 101: What You Need to Know

Nov 9, 2021 9:55am ‐ Nov 9, 2021 10:45am

Identification: OIL2102

Get down to basics about ESG and what it takes to implement a program. Hear from our panel experts who have been grass roots participants in implementation efforts for organizations.

• Recognize a basic definition of ESG
• Identify the key components of a basic ESG strategy formation
• Determine key personnel and tools to consider in adoption of an ESG strategy

Keeping the Pipeline Open: Attracting and Maintaining Top Talent

Nov 9, 2021 10:55am ‐ Nov 9, 2021 11:45am

Identification: OIL2103

Attracting and maintaining top talent has and continues to be a focus of oil and gas companies. With today’s competitive market, what are you doing to ensure your organization has the best talent for today and tomorrow? This session will help you create a strategy to attracting and maintain top talent in today’s competitive market.

• Recognize the importance of educating young professionals about the oil & gas industry
• Identify and outline ways to attract and retain top talent
• Determine what companies are doing now post COVID

Cybersecurity Threats and Outlook – Fall 2021

Nov 9, 2021 12:30pm ‐ Nov 9, 2021 1:45pm

Identification: OIL2104

Review cybersecurity trends, threats, the impacts and lessons learned from COVID-19, discuss key industry best practices, and predictions for the end of 2021 and beyond.

• Identify cybersecurity trends & statistics
• Recognize current cybersecurity threats & concerns
• Analyze the impacts & lessons learned from COVID-19
• Recognize key industry best practices
• Assess predictions for 2021 & beyond

Digital Workforce: Cutting to the Chase for Business Leaders

Nov 9, 2021 2:00pm ‐ Nov 9, 2021 3:15pm

Identification: OIL2108

Phrases such as remote work, hybrid work, the new normal, employee engagement, and future of work are pervasive in today's discussions about the workforce. In this session, we'll cut through the noise and focus on what business leaders need to know in today's climate to create a digital workplace that accelerates productivity and increases employee loyalty.

• Assess the digital workplace landscape
• Identify workplace factors that greatly influence employee experience

Energy Transition: Tax Implications

Nov 9, 2021 2:00pm ‐ Nov 9, 2021 3:15pm

Identification: OIL2109

Rather than focusing on the growing emphasis on transparency with respect to the tax policies and practices of companies as ESG takes on greater significant, this course will address the sustainability aspects of ESG and will acquaint the attendee with the various tax incentives that exist and are being proposed as the transition from fossil fuels to green energy occurs and gathers momentum. Of primary focus will be the tax incentives, current market conditions and current transactional issues for carbon capture and sequestration (CCUS), green hydrogen, solar and wind. Pending proposed federal tax legislation in the area will be addressed also along with its potential impact on the industry and transactions.

• Recognize the various sustainable/renewable energy tax incentives that exist currently and that are being proposed
• Assess transactional and other market issues that are being encountered in the sustainable/renewable energy space.

KEYNOTE: Funding Innovation in the Global Energy Transition

Nov 9, 2021 3:45pm ‐ Nov 9, 2021 5:00pm

Identification: OIL2110

There is a great opportunity to expand the available technologies that will lead the global energy industry in the 21st century, and this opportunity is being met head-on by the Colorado School of Mines.  The Mines Global Energy Future initiative will produce annual programming focused on the role of oil and gas, renewable energy, carbon capture utilization and storage, supply chain transparency, emissions monitoring, circular economy and more – themes that all reflect Mines’ scientific and technical expertise across the energy system and demonstrates the university’s cradle-to-cradle approach to creating a sustainable global energy future.  In this session, we will discuss the strategies that we will use to fund and develop new startup companies that will create and deploy these new technologies.  This will include the development of new business incubator and accelerators, Gap Funds, Innovation Funds and Venture Funds specifically designed to rapidly accelerate progress and deployment of these technologies.

• Identify the basic concepts of the Global Energy Futures Initiative
• Assess the processes used by Business Incubators and Accelerators
• Recognize the difference between Gap Funds, Innovation Funds and Venture Funds

Oil & Gas and One Company’s Transformative Approach to Costs

Nov 10, 2021 9:05am ‐ Nov 10, 2021 10:20am

Identification: OIL2113

In this session we will summarize the Oil and Gas market environment, discuss how companies use accounting information and one company’s approach to cost transformation.

• Evaluate how the undersupply of Oil markets and gas markets have led to high commodity prices
• Recognize that practical accounting for managers differs from GAAP accounting
• Determine how a change management cost transformation approach can be disruptive and highly effective

A Social License to Operate: Why DEI and ESG are Industry Imperatives

Nov 10, 2021 9:05am ‐ Nov 10, 2021 10:20am

Identification: OIL2114

In recent years, the concept of the “social license to operate” has gained increasing traction. This is usually defined as the level of acceptance of a project among communities, stakeholders, and the public. The costs of public and stakeholder opposition can be considerable, and projects will not be profitable or sustainable over the long term without this social license. The term has also been used more broadly to determine the level of public and stakeholder trust that a company possesses overall—and once lost, that trust can be extremely difficult to regain.

In this session learn more about the social license to operate and why DEI and ESG are industry imperatives and important to demonstrate to investors, employees, and society.   

• Recall the 3 elements of a social license to operate: legitimacy, credibility and trust
• Recognize why ESG and specifically an inclusive culture is imperative for the energy industry
• Determine how the "S" really plays a role in the license to operate -
• Identify ways companies can and should demonstrate social proof of all they do in the ESG and DEI space

Fair Value in the Absence of Fluid Markets

Nov 10, 2021 10:50am ‐ Nov 10, 2021 11:40am

Identification: OIL2115

Learn about the challenges in estimating Fair Value during times when there activity in the marketplace is less than normal.

• Recognize and become familiar with the application of Fair Value in financial reporting
• Determine how to identify illiquid markets
• Analyze some of the complexities and considerations in estimating Fair Value in challenging markets