Michel T. Halbouty Lecture
The Michel T. Halbouty lecture series is an ongoing special event at the AAPG Annual
Convention & Exhibition. Lecture topics are designed to focus either on wildcat exploration
in any part of the world where major discoveries might contribute significantly to petroleum
reserves, or space exploration where astrogeological knowledge would further mankind’s ability
to develop resources on Earth and in the Solar System.
Shale Gas and America’s Energy Future
Date: Monday, 12 April
Time: 5:10 p.m.– 6:00 p.m.
Location: Room 243/244/245
Chair: T. Hudson
The Michel T. Halbouty Lecture speaker will be Aubrey K. McClendon speaking on “Shale Gas and America’s Energy Future.” McClendon has served as Chairman of the Board, Chief Executive Officer and Director of Chesapeake Energy Corporation since he co-founded the company with Tom L. Ward in 1989. McClendon graduated from Duke University in 1981.
“Converting just 10% of our vehicles in America to CNG can lower our consumption of foreign oil by more than 1 million barrels per day, potentially saving nearly $50 billion each year,” McClendon
said. “CNG costs 40-50% less than a gallon of gasoline today and is much cleaner, plus its consumption keeps American dollars at home and creates jobs across a wide range of industries throughout the nation. Natural gas is currently produced in 31 of our 50 states and
with 22 states blessed with shale gas, there is no fuel more all-American than natural gas.”
"In addition,” he said, “recent large discoveries using new technologies in natural gas shale
basins such as the Barnett, Haynesville, Fayetteville, Woodford and Marcellus have provided new
evidence that our country has ample natural gas supplies to power America’s economy for more
than a century. This newfound abundance means we can now rely on natural gas not only for
transportation, but also as a natural partner with renewables such as wind and solar to ensure
clean, reliable electricity generation for many decades to come.”
Chesapeake is one of the most active driller of new wells in the U.S. with operations focused
on the development of onshore unconventional and conventional natural gas. Additionally, the
company is looking at potential shale plays in Eastern Europe, Asia and South America and has
launched a bid to explore for shale gas in South Africa with partner Statoil. You won’t want to
miss this informative presentation from one of the energy industry’s top leaders.