Your life, Your career, Your choice By Richard Hardman Geologist

Your life, Your career, Your choice

ByRichard Hardman

Geologist

What do you want from life?

What are you prepared to put into life?

WANT and PUT INTO

Happiness or Achievement?Can you have both?

Or can you have one without the other?

Couch potato or Hiper-driven?

What do you need to be happy?

•Food/shelter warmth= MONEY•Love•Self fulfilment/achievement•Fame•Money•Power

Can a career in Earth Sciences give you what you want?

Richard Hardman

• Born Amlwch Wales on the Carmel Head Thrust and near the Parys Mountain copper mine

• Studied Geology at Oxford on a whim• Joined BP in 1959 and worked Libya, Kuwait and Colombia• In 1969 started on North Sea Exploration with Amoco,

Superior and then Amerada Hess to discover over 2 billion barrels oil

• President of Geological Society 1996-1998• CBE 1998• Awarded William Smith Medal 2003

Is it moral to explore for and produce oil and gas when the world

is experiencing global warming from burning fossil fuels?

•To obtain the same energy as 1 litre of petrol from a watermill 70 tons of water would have to fall 10metres•Food production relies on oil• In 2000 nearly 20% OF ALL VALUE CREATED IN Britain was connected with North Sea oil and gas

Is it moral to explore for and produce oil and gas?

And slavery

In Victorian England many children were little more than slaves

The difference oil makes!

Horse drawn ploughs in 1939

Today one man can farm 1500 acres thanks to oil powered tractors

A favela in Rio de Janeiro

Some of those most vulnerable to energy price increases. Cheap energy is transforming their lives

Cheap Energy – Is the party over?

(Or do fossil fuels still point to the future)

Coal production peaked in Britain in 1913Oil started to replace coal in 1930- a liquid easier to use than a solid. GDP tied to energy use!

World Oil Production

Average oil price dollars per barrel since 1981Oil price today $125 per barrel (1Barrel = 36gals)

Why is the oil price so high today?

International Energy Agency –World Energy Supply Forecast until 2030Note fossil fuels predominate- over 75% in 2030

Oil and Gas Exploration and Production-An exciting well-rewarded job?

Field work to understand the rocks.The best geologist – the one who has seen the most rocks!

World Heritage geological section at Joggins, Nova Scotia where in 1844 Lyell found the earliest land snail

A fossilised tree – there is a whole forest of them!

USE/DEVELOP THE BEST SCIENCE

Acquire seismic data to map the subsurface

Map the subsurface using high speed computers and state-of-the-art computer programs

Locate a well. It could be your choice. How are your nerves feeling now when your company spends millions on your say-so?

Map made at the work station using seismic data

The Erik Raude Deep-water Drilling rig – costs $500,000/day.Can you stand the strain of spending £20-100 million on a single well?

A North Sea Production Platform-The Scott Field Development cost £1.4billion

Fracturing a tight formation in a well

The method to produce gas from shale- Lancashire could hold 200tcf according to Lord Browne

Shale gas- a whole new world opens up

200180160140120100806040200

Thousands of pounds per year

Start 10years 20years

Illustrative average salary expectations

Oil Geologists

Doctors

Your ChoiceOIL AND GAS EXPLORATION

But how long will the job last?

2060

The future according to JD Edwards 1997

In 2060 oil and gas are predicted to be 30% of the energy mix – only 20% less than today

2010

What commitment must I make and for how longUNTIL PAY OFF?

To become a successful Explorer?•Good A-levels (Maths, Physics, Biology and Chemistry ideal)

•First degree in Geology or Earth Science

•Post graduate qualification (in specialist subject such as Sedimentology, Geophysics or Petroleum Geoscience , law or MBA.

•Work in oil and gas exploration – become one of the stars of the industry

Start to finish 20-25 years

Can I become very rich?And if so how?

What ‘s the downside?

Can I become very rich?And if so how?

Five Easy Steps1. Enter the industry and develop reputation for excellence2. Think of an unfashionable exploration province which could work3. Borrow money to set up a company and obtain concessions4. Find oil and or gas5. Sell the company and pocket your share

Can I become very rich?And if so how?

Start a company and find oil or gas and sell it to someone else.Cove Directors have become very rich.

SUMMARY•For an exciting well-paid job choose oil and gas exploration•It will take +7 years to qualify (2 years Sixth form, 4 years undergraduate, 1-3 years post graduate)

•Good grades lead to a well paid job more than repaying the training years•Your success will benefit all human kind