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X-WR-CALDESC:Events for PESA - Energy Geoscience
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DTSTART;TZID=Australia/Sydney:20260714T120000
DTEND;TZID=Australia/Sydney:20260714T143000
DTSTAMP:20260725T061657
CREATED:20260621T110413Z
LAST-MODIFIED:20260713T020224Z
UID:10008798-1784030400-1784039400@pesa.com.au
SUMMARY:PESA NSW July 2026 Technical Lunch: Dr Peter Moore
DESCRIPTION:Petroleum Geoscience and the Energy Transition: A Personal Historical Perspective and Predictions for the Future \nAn historical perspective on important advances that Dr Peter Moore has been witness to\, and continuation of the story into the future around the emergence of non-fossil-fuel energy sources and the likely ongoing roles of geoscientists. \nThe petroleum industry was technologically advanced by the mid 1900s\, but a number of developments over the last half century stand out in the areas of seismic\, sequence stratigraphy\, assessment technologies\, deepwater plays\, drilling\, offshore developments\, CSG and shale\, which will be discussed\, including from a personal perspective. These developments have served to maintain the competitiveness of the petroleum industry and have satisfied an increasing demand over time. \nHowever\, a key question for the industry is its future role in the evolving energy transition. Analysis is difficult because there are multiple competing narratives and strong vested interests. \nToday we sit at a pivot point\, with a growing divergence of possible energy futures\, depending on how the world balances economic growth\, energy poverty\, geopolitics\, and great power competition against emissions reduction\, fossil fuel elimination and climate change concerns. \nIn the decade since the Paris agreement and despite significant progress\, the 1.5oC goal is lost and fossil fuel’s contribution to energy consumption remains at 80%. \nWhile both sides (fossil fuel supporters and renewable proponents) argue their case\, the next 15 years at least is becoming clearer – a US/China energy and manufacturing divide\, huge growth of renewables but matched by overall energy growth\, the emergence of nuclear\, and the persistence of petroleum\, especially gas. \nDespite trillions of dollars spent on the energy transition\, we have underestimated the difficulty in speedily transitioning the world’s energy and industrial infrastructure\, and have underestimated global growth\, including overall energy consumption. This can be seen by comparing predictions and model outcomes published over the last decade. \nFor today’s petroleum geoscientists\, technology and jobs will continue to evolve while new areas are likely to include advanced geothermal\, CCS\, and potentially natural hydrogen. As fields decline and new developments and discoveries become smaller\, more effort and technology is required from petroleum companies and individuals to deliver the energy the world still demands.
URL:https://pesa.com.au/events/pesa-nsw-july-2026-technical-lunch/
LOCATION:Castlereagh Boutique Hotel\, 169 Castlereagh St\, Sydney\, NSW\, 2000\, Australia
CATEGORIES:NSW / ACT,Technical Lunch,Technical Talk
ORGANIZER;CN="PESA New South Wales":MAILTO:pesa.nsw@pesa.com.au
GEO:-33.872562;151.2089734
X-APPLE-STRUCTURED-LOCATION;VALUE=URI;X-ADDRESS=Castlereagh Boutique Hotel 169 Castlereagh St Sydney NSW 2000 Australia;X-APPLE-RADIUS=500;X-TITLE=169 Castlereagh St:geo:151.2089734,-33.872562
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