2nd Unconventional Resources Technology Conference (URTeC) Attracts More Than 5,000 Attendees

TULSA, Okla., Sept. 8, 2014 /PRNewswire-USNewswire/ -- The Society of Petroleum Engineers (SPE), the American Association of Petroleum Geologists (AAPG) and the Society of Exploration Geophysicists (SEG) announced an attendance of more than 5,000 oil and gas professionals at the 2^nd Unconventional Resources Technology Conference (URTeC) held 25-27 August at the Colorado Convention Center in Denver, CO. More than 230 companies also exhibited at the event, showcasing the latest products, technologies and services for successful unconventional play development.

"We are very pleased with the stellar success of the second Unconventional Resources Technology Conference (URTeC) held in Denver.  The remarkable response shown by industry colleagues from around the globe and crossing all segments of the unconventional market underscores the critical need for high-quality, integrated, multidisciplinary technical solutions to the ever more demanding challenges we face in drilling for unconventional hydrocarbon resources" said Lee Krystinik, Chairman of URTeC's Management Committee.  "As new concepts and technologies continue to evolve globally, I believe URTeC will remain at the epicenter of technical innovation."

The conference program - comprising experts from every aspect of the unconventional sector - featured multi-themed technical sessions including 193 oral sessions, 66 ePapers, team presentations, topical breakfasts and luncheons, and interactive panel sessions. Over three days, conference attendees shared information and insights into a mix of strategic and technical issues related to the development of unconventional plays in North America.

Preliminary results from the on site survey showed that 97% of respondents were satisfied with the event, with 100% saying that they would recommend URTeC to a colleague.  72% of respondents found URTeC to be very or extremely useful to their job or company.  The attendance reflected notable growth of nearly 20% over last year's inaugural event.

"URTeC is a cutting-edge meeting that is extremely well suited to addressing the needs of the industry as we strive to deliver additional oil and gas reserves to the country and provide North America with energy security. Unlocking unconventional petroleum accumulations requires a multi-disciplinary approach that integrates geology, geophysics and engineering.  This is exactly what URTeC offers.  We are very happy with the attendance this year and I see tremendous potential for this meeting as the industry keeps pushing the frontiers on extracting hydrocarbons from unconventional accumulations," said Ms. Randi Martinsen, 2014-15 President of AAPG.

About SPE
The Society of Petroleum Engineers (SPE) is a not-for-profit professional association whose members are engaged in energy resources development and production. SPE serves more than 124,000 members in 135 countries worldwide. SPE is a key resource for technical knowledge related to the oil and gas exploration and production industry and provides services through its publications, events, training courses, and online resources at www.spe.org.
URTeC

About AAPG
Founded in 1917, AAPG is the premiere global organization for petroleum explorationists with over 42,500 members in 129 countries. The original purpose of AAPG, to foster scientific research, to advance the science of geology, to promote technology, and to inspire high professional conduct, still guides the Association today. AAPG provides publications, conferences, and educational opportunities to geoscientists and disseminates the most current geological information available to the general public.

About SEG
The Society of Exploration Geophysicists is a not-for-profit organization that promotes the science of applied geophysics and the education of geophysicists. SEG's mission is connecting, inspiring, and propelling the people and science of geophysics. It provides its members with a variety of resources designed to further their success in the geophysics community.  For more information, visit www.seg.org.

SOURCE American Association of Petroleum Geologists (AAPG)