KBH Center Convenes Second Annual Symposium on The Future of the Oil and Gas Industry

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ABOUT THE EVENT
The centerpiece of our programming this year was the Second Annual KBH Center Symposium, which took place on February 10, 2017. The title of the symposium was “The Future of the Oil and Gas Industry: Peak Oil or Peak Demand – What’s the Horizon?” and featured some of the nation’s leaders in the oil and gas sector. Energy experts Congressman Joe Barton and API President and CEO Jack Gerard gave the keynote addresses, Barry Smitherman (Former Chairman of the Railroad Commission of Texas) gave a presentation on the implications for Texas of the New Trump Administration’s Energy Agenda, and industry leaders Scott Sheffield (Pioneer), David Baldwin (SCF Partners)Tom Petrie (Petrie Partners), and Sir Simon Mayall (Greenhill) also spoke. The oil and gas industry is grappling with external factors – lower commodity prices attributable to abundant new supplies of gas and oil, coupled with slowed economic growth in China and elsewhere – that are putting pressure on the industry’s traditional business model. In addition, the energy industry itself is changing as a result of improved drilling technologies, the viability of alternative energy sources, and global pressure to reduce carbon emissions. The industry experts at this conference discussed these factors and others, as well as their perspectives on the likely impacts of the new President’s energy policy on the industry. Over 250 people attended the event.

Senator Kay Bailey Hutchison and symposium speaker Barry T. Smitherman (Former Chairman, Texas Railroad Commission), who gave a presentation on Implications for Texas of the New Trump Administration's Energy Agenda.
Senator Kay Bailey Hutchison and symposium speaker Barry T. Smitherman (Former Chairman, Texas Railroad Commission), who gave a presentation on Implications for Texas of the New Trump Administration’s Energy Agenda.
The first panel at the Second Annual KBH Center Symposium focused on Thriving in the New Commodity Price Dynamic.
The first panel at the Second Annual KBH Center Symposium focused on Thriving in the New Commodity Price Dynamic.
The second panel at the Second Annual KBH Center Symposium focused on The Impact of Geopolitical Developments on the Oil and Gas Sector.
The second panel at the Second Annual KBH Center Symposium focused on The Impact of Geopolitical Developments on the Oil and Gas Sector.

About UT Energy Week 2017 
The KBH Center Symposium was part of UT Energy Week (February 7-10, 2017). Attended by nearly 1,000 people in 2017, UT Energy Week is a week-long Energy Week of events sponsored by numerous academic departments and student organizations across campus. Learn about UT Energy Week 2017.

SPEAKERS
Congressman Joe Barton
Barry Smitherman, Former Chairman of the Railroad Commission of Texas
Mark Finley, General Manager, Global Energy Markets & US Economics, BP America Inc. 
Scott Sheffield, Chairman and Chief Executive Officer, Pioneer Natural Resources Company 
David Baldwin, Co-President, SCF Partners 
Tom Petrie, Chairman, Petrie Partners, LLC 
Jack Gerard, President and CEO, American Petroleum Institute 
Sir Simon Mayall, Senior Advisor, Greenhill & Co. International LLP 
Gabriel Alonso, Chief Executive Officer, EDP Renewables North America 
Jon Olson, Department Chair and Professor, Petroleum and Geosystems Engineering, The University of Texas at Austin

PROGRAM
Download a PDF of the symposium program.

PRESENTATIONS
Download a PDF of some of the presentations.
Mark Finley
Tom Petrie
Gabriel Alonso

Guests at the Second Annual KBH Center Symposium included lawyers, businesspeople, and policymakers.
Guests at the Second Annual KBH Center Symposium included lawyers, businesspeople, and policymakers.
Law students in the KBH Center's LL.M. (Master of Laws) Concentration for in Global Energy had the opportunity to attend the Second Annual KBH Center Symposium.
Law students in the KBH Center’s LL.M. (Master of Laws) Concentration for in Global Energy had the opportunity to attend the Second Annual KBH Center Symposium.

2017 KBH CENTER-TJOGEL ENERGY BANQUET
On February 9, 2017, the KBH Center, in collaboration with TJOGEL (the Texas Journal of Oil, Gas and Energy Law) held a banquet to honor U.S. Secretary of State Rex Tillerson (UT, B.A. in Civil Engineering, 1975) and Ms. Sylvia Kerrigan (UT, J.D., 1991). The KBH Center presented Secretary Tillerson with the 2017 KBH Center Award for Outstanding Leadership in Energy. TJOGEL presented Ms. Kerrigan with the 2017 Ernest Smith Lifetime Achievement Award. Ms. Kerrigan also serves on the Executive Council of the KBH Center. Over dinner, more than 350 guests listened to University Leadership, including Dr. Dan Jaffee, Vice President for Research, and Ward Farnsworth, Dean of the School of Law, discuss the current state of energy research at The University of Texas at Austin – the premier energy university in Texas, the U.S., and the world. Download a PDF of the banquet program.

KBH Center Leadership: From Left to Right: Executive Council Co-Chair Duke R. Ligon, Executive Council member and Ernest Smith Lifetime Achievement Award Recipient Sylvia J. Kerrigan, Executive Council Co-Chair Sam L. Susser, Professor Melinda Taylor, the Executive Director of the KBH Center, and Dr. John Butler, the Associate Director of the KBH Center.
KBH Center Leadership: From Left to Right: Executive Council Co-Chair Duke R. Ligon, Executive Council member and Ernest Smith Lifetime Achievement Award Recipient Sylvia J. Kerrigan, Executive Council Co-Chair Sam L. Susser, Professor Melinda Taylor, the Executive Director of the KBH Center, and Dr. John Butler, the Associate Director of the KBH Center.
KBH Center Executive Council: From Left to Right: W. Matt Ralls, Dan O. Dinges, Co-Chairs Duke R. Ligon and Sam L. Suser, Joseph C. Dilg, Rad Weaver, and Richard K. Mcgee.
KBH Center Executive Council: From Left to Right: W. Matt Ralls, Dan O. Dinges, Co-Chairs Duke R. Ligon and Sam L. Suser, Joseph C. Dilg, Rad Weaver, and Richard K. Mcgee.
Second Annual KBH Center Symposium Planning Committee: From Left to Right: Executive Council members James Lloyd Loftis, Dan O. Dinges, and W. Matt Ralls.
Second Annual KBH Center Symposium Planning Committee: From Left to Right: Executive Council members James Lloyd Loftis, Dan O. Dinges, and W. Matt Ralls.
KBH Center Executive Council: From Left to Right: Co-Chair Duke R. Ligon, Senator Kay Bailey Hutchison, and Co-Chair Sam L. Susser.
KBH Center Executive Council: From Left to Right: Co-Chair Duke R. Ligon, Senator Kay Bailey Hutchison, and Co-Chair Sam L. Susser.

SPONSORS
Patron
Dan O. Dinges and W. Matt Ralls
Cabot Oil & Gas Corporation

ExxonMobil

Sponsor
Bracewell LLP

Vinson & Elkins LLP

Supporter
Joseph C. Dilg

Greenhill & Co., Inc.

Holland & Knight LLP

Sylvia and Matt Kerrigan

Duke R. Ligon

Sam L. Susser

Thompson & Knight LLP

Ashley and Rad Weaver

CONFERENCE CONTACT
Mauricio Pajon