Petroleum Engineering Market Analysis and Reports | Spain Conference Series

Market Analysis - Petroleum Engineering 2017

Theme : Current Trends & Challenges in Petroleum Exploration & Production.


Petroleum Engineering 2017 is the platform to gain or share the knowledge in the new technological developments in the field of chemical engineering. This conference brings together professors, researchers, scientists and practitioners in all the areas of Petroleum Engineering, oil and gas engineering services which provides an international forum for the spreading of approved research results, new ideas and practical developments. We are honoured to invite you all to attend and register for the “6th International Conference on Petroleum Engineering (Petroleum Engineering 2017)”.The organizing committee is gearing up for an exciting and informative conference program including plenary lectures, symposia, workshops on a variety of topics, poster presentations and various programs for participants from all over the world. We invite you to join us at the Petroleum Engineering 2017, where you will be sure to have a meaningful experience with scholars from around the world. All members of the Petroleum Engineering 2016 organizing committee look forward to meeting you in Madrid, Spain.

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Importance & Scope:

Petroleum engineering is a field of engineering concerned with the activities related to the production of hydrocarbons, which can be either crude oil or natural gas. Exploration and Production are deemed to fall within the upstream sector of the oil and gas industry. Exploration, by earth scientists, and petroleum engineering are the oil and gas industry's two main subsurface disciplines, which focus on maximizing economic recovery of hydrocarbons from subsurface reservoirs. Petroleum geology and geophysics focus on provision of a static description of the hydrocarbon reservoir rock, while petroleum engineering focuses on estimation of the recoverable volume of this resource using a detailed understanding of the physical behaviour of oil, water and gas within porous rock at very high pressure.

The combined efforts of geologists and petroleum engineers throughout the life of a hydrocarbon accumulation determine the way in which a reservoir is developed and depleted, and usually they have the highest impact on field economics. Petroleum engineering requires a good knowledge of many other related disciplines, such as geophysics, petroleum geology, formation evaluation (well logging), drilling, economics, reservoir simulation, reservoir engineering, well engineering, artificial lift systems, completions and oil and gas facilities engineering.

Recruitment to the industry has historically been from the disciplines of physics, chemical engineering and mining engineering. Subsequent development training has usually been done within oil companies.

Why Spain?

Madrid is the most populous city in the Spain. When organising a conference, there is a choice of large or medium-size cities with a rich historical and cultural heritage. Madrid has considerable experience in business tourism. In fact this city is among the top five on the International Congress and Convention Association (ICCA) world ranking.

There are more than 30 international airports in Spain (which are being extended with new terminals). The capital's airport, Adolfo Suárez Madrid-Barajas, is a great connection between Europe and Latin America, and is the fourth European airport in terms of number of operations and passengers. Spain also has a modern road network to travel across the country, and the largest high-speed rail network in Europe, to get to important destinations in no time.

Spain is also a country with integrated corporate social responsibility strategies, committed to sustainable and eco-friendly tourism. As well as usual venues, in Spain we'll be able to organise our events in cellars (perfect for private meetings in an exclusive environment), historical caves, vineyards, historical buildings, museums (such as Thyssen-Bornemisza in Madrid, Picasso Museum in Malaga, Valencia Institute of Modern Art-IVAM in Valencia and Guggenheim Bilbao), theatres, flamenco clubs, football stadiums... You'll also find auditoriums, multipurpose complexes, exhibition centres... and all kinds of versatile facilities with cutting-edge technology and communications.

Why to attend?

Petroleum engineering conference aims at multi-disciplined audience with diverse commercial, technical, corporate, operations, planning sectors of the upstream oil and gas engineering services. Meet Your Target Market with members from around the world focused on learning and sharing about Upstream Scientists/Engineers; this is your single best opportunity to reach the largest assemblage of participants from the global Oil and gas engineering industry. Conduct demonstrations, distribute information, meet with current and potential customers, make a splash with a new product line, and receive name recognition at this 3-day event. World-renowned speakers, the most recent techniques, tactics, and the newest breakthroughs in the upstream sector of oil and gas engineering are hallmarks of this conference.

Target Audience:

  • Petroleum Engineers
  • Scientists, Researchers & Technical Staff from petroleum engineering field.
  • Professors, Students & Delegates from petroleum engineering Department
  • The people who are specialized with geologists, geophysicists, reservoir engineers, production engineers, Chemical Engineers.
  • Production engineers are the Potential Exhibitors for the Respective Conferences.
  • The American Institute of Mining, Metallurgical, and Petroleum Engineers, Geologists associations, US Oil and Gas Association,   The Society of Petroleum Engineer

Top Universities in Spain :

·         Autonomous University of Barcelona

·         Autonomous University of Madrid

·         University of Valencia

·         Pompeu Fabra University

·         Complutense University of Madrid

·         University of Granada

·         University of Santiago de Compostela

·         Polytechnic University of Catalonia

·         University of the Basque Country

·         Universitat de les Illes Balears

·         Polytechnic University of Madrid

Major petroleum engineering Research Associations around the Globe :

·         American Association of Petroleum Geologists

·         American Institute of Mining, Metallurgical, and Petroleum Engineers

·         Canadian Association of Oilwell Drilling Contractors

·         Canadian Association Of Petroleum Producers

·         Pennsylvania Petroleum Association

·         American Fuel and Petrochemical Manufacturer

·         Society of Petroleum Engineers

·         Independent Petroleum Association of America

·         American Association of Petroleum Geologists

·         The Petroleum Marketers Association of America

·         US Oil and Gas Association

·         Petroleum Motor Transport Association

·         The Petroleum Marketers Association of America

·         Japanese Association for Petroleum Technology

·         Independent Petroleum Association of America

Major Oil & Gas Companies around the Globe:

·         Sinopec

·         China National Petroleum Corp. (Petrochina)

·         Royal Dutch Shell

·         ExxonMobil

·         Saudi Arabian Oil Company (Aramco)

·         BP

·         Total S.A.

·         Kuwait Petroleum Corp

·         Chevron Corporation

·         OJSC Lukoil


In total, percentage of attendees from various sectors as follows

·         Industry       50%

·         Academia     40%

·         Others          10%

Glance at a market of petroleum industry :

Global oil and gas production has increased over the last five years, from 81.15 Million barrels per day in 2009, to 88.67 Million barrels per day b 2014. This has led to the supply for oil & gas exceeding its demand which has ultimately caused a decline in the prices of crude oil during the last six months of 2014. Consequently, the oil and gas operators have reduced their capital expenditure outlook for 2015 citing concerns over low profit margins. This reduction has mainly impacted the upstream exploration and production (E&P) activities. However, the declining production from onshore oilfields in countries such as Russia, the U.K. and India among others has resulted in higher demand for exploring new offshore reserves. Drill pipe which are used to support drilling and exploration activities are expected to grow at a CAGR of 3.8% to reach USD 1,133.8 Million by 2020 from USD 940.62 Million in 2015. In this report, 2014 is considered as the base year and 2020 is considered as the forecast year. The report covers the grade of drill pipe as well as the application segments.

The oil & gas market is expected to grow from an estimated USD 3.22 Billion in 2016 to USD 4.54 Billion by 2021, registering a CAGR of 6.9% from 2016 to 2021. The global market is witnessing significant growth on account of the decline in natural gas prices, increase in electricity demand, and low emission levels of the gas & oil compared to other fossil fuels. Increasing investments in distributed power generation are also expected to drive the demand for oil & gas across the globe.