Summer NAPE kicked off today at the George R. Brown Convention Center with the NAPE Business Conference, a half-day event featuring national energy leaders and management experts. The conference explored changes and innovations in America’s oil and gas industry amidst today’s new price environment, as well as how that new environment is impacting America’s road to energy independence.
The morning session opened with an in-depth look at the evolution of the American shale plays from Richard Stoneburner, managing director and partner with Pine Brook Partners. The conference continued with Texas Railroad Commissioner Ryan Sitton, who explored the race for energy independence and how it is impacting the oil and gas industry worldwide.
According to Sitton, Texas is being called to lead in ways that the oil and gas industry has not seen in a generation. The state continues to solidify its role as a global energy player, having more than 400,000 miles of pipeline and an ability to transport product faster than any other area in the world.
Sitton reinforced that oil and gas industry’s legacy will depend on the networking and connections made during Summer NAPE this week. The deals made and the relationships formed at NAPE will transcend the energy industry and have an impact on our state, national and global economy.
The NAPE Business Conference Luncheon featured Jay Ottoson, president and CEO of SM Energy Company, and Kathy Cleveland Bull, president of N~Compass Consulting. Both talked about the importance of oil and gas professionals serving as ambassadors for the industry and educating the public on the incredible impact the oil and gas industry has on our everyday lives.
Speaking to a full auditorium of industry decision makers, Bull encouraged: “Your roles as an ambassador and as the face of this industry are crucial. Don’t bail on the industry – be part of transforming it.”
After the NAPE Business Conference concluded, the NAPE Summer Exhibit Floor opened to a stream of more than 2,600 upstream dealmakers, financers and energy professionals. The Prospect Presentations were once again the highlight of the show floor, with some presentations offering standing room only.
Day One of Summer NAPE 2016 concluded with the ever-popular Icebreaker Event. NAPE thanks today’s speakers, sponsors and attendees for making the NAPE Business Conference and Tradeshow a success.
Doors to the NAPE Summer Exhibit Floor will reopen at 8 a.m. tomorrow morning. See you on the Exhibit Floor!