Unlocking Producing Oilfields’ Potential through Rethinking Development and Mindset Change in Low Price Future


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Among the key aspects and strategies of Integrated Asset Development & Management (IADM) on enhancing values in hydrocarbon assets are embracing innovative and out-of-box technical and commercial solutions to monetize economically challenging remaining barrels from the producing and mature oil fields. Significant remaining recoverable oil volumes are found in producing and brownfields, especially offshore Malaysia. Historically, mature field infill redevelopment campaigns have been considered as piecemeals, focusing on bigger targets, with multiple revisits stretching over many years.

Dr. Rahim Masoudi

Rahim Masoudi, Group Technical Authority & Custodian Reservoir Engineering, Resource Development & Management, Malaysian Petroleum Management (MPM), Upstream Business, PETRONAS

Dr Rahim graduated from Heriot-Watt University/UK with more than 22 years industrial and research experiences in Middle East, North Sea and Malaysia/SE Asia. He is currently the Chief Technical Officer (CTO) and Group Technical Authority (GTA) & Custodian- Petroleum/Reservoir Engineering in Field Development and Asset Management & Operation in PETRONAS. 

He is also Distinguished Industry Advisor and Adjunct Professor at University Technology PETRONAS. He is recognized/served as SPE International Distinguished Lecturer in 2011-2012 seasons, received the 2017 SPE Technical Service Award and 2012 SPE Northern Asia Pacific Regional Technical Award on Reservoir Description and Dynamics, received SPE-Kuala Lumpur “Outstanding Technical Award” for 2015-2017 season, recognized & appointed as a member of SPE Regional Technical Advisory Committee in Asia Pacific. 

In October 2013, awarded the 2017 and 2012 Exemplary Line Trainer of the Year by PETRONAS PE Skill Group 10, published one book and more than 140 international journal, conference papers and 3 patents. Supervised more than 30 MSc and PhD students in Petroleum/Reservoir Engineering in various areas and carried out more than 50 reservoir studies and FDP Formulation.  

His areas of interest are E&P Business Development, Field Development, Asset Management, High CO2 Field Monetization, Reservoir Engineering, Production Optimization, Reservoir Description & Dynamics, Hydrocarbon Recovery Improvement, Uncertainty& Risk Management, E&P Data Analytics. 

Ashok Khurana

Technical Advisor, PETRONAS and Honorary Professor, Climate Change and Energy Transition, University of Adelaide

Ashok Khurana is the Honorary Professor at The University of Adelaide and Research Program Director of Climate Change and Energy Transition. Concurrently, he is a consultant and technical advisor to Petronas involved in all aspects of oil and gas field development and management of Petronas’ extensive worldwide portfolio.  In addition, he is an Industry consultant and educator at large.

Former General Manager, Petroleum Development and Planning with Santos, responsible for all petroleum development and environmental management for the Santos Group and member of Development Committee responsible for Mergers and Acquisitions.  Ex-director of SPE International representing the Asia Pacific Region. Distinguished Member of SPE and recognized in Who’s Who in Australian Science and Engineering.

More than 54 years of international experience in the Petroleum Exploration and Production industry including about 15 years as a Professor of Petroleum Engineering. He was an APCRC Professor of Petroleum Engineering at UNSW, a Professor of Petroleum Engineering at the University of Adelaide, and a Founding Professor of Petroleum Engineering, Curtin University. He has about 40 years of industrial/consulting experience in Petroleum Engineering, Safety, Environmental Affairs, and Technical Management. At UNSW and Curtin University lectured on Fundamental and Applied Reservoir Engineering, Reservoir Simulation, and Reservoir Management. Led substantial research programs on Tight Gas/Oil and Improved Oil Recovery research. Concurrently managed the Drilling Engineering and Wellbore Stability Research Programmes for CSIRO and the Australian Petroleum Co-Operative Research Center (APCRC). He is an active technical and management consultant as well as industry educator to the Petroleum Industry in Australia, New Zealand, Middle East, and Southeast Asia. Regularly conducted industry training programs internationally.

His industry experience includes about 20 years with Exxon/Esso including about 12 years in technical managerial positions. These included supervision, management, and technical guidance of all aspects of delineating, assessing, developing, managing, and producing oil and gas reserves in the Bass Strait, Timor Sea, Central Australian Cooper, and Eromanga Basins and the North Sea.  He had active involvement in the evaluation of mergers, acquisitions, and disposals.

 

As Safety and Environmental Affairs Manager for Esso Exploration and Production UK, participated in defining industry response to and implementation of Lord Cullen’s recommendations following the Piper Alpha Inquiry. Member of Exxon’s international task force for the development and implementation of their worldwide Operations Integrity Management System (OIMS).

Ashok has widely based education including postgraduate qualifications in Petroleum Engineering and graduate qualifications in Electrical Engineering, Physics, and Mathematics. He has published extensively and has written three technical eBooks. He is a Distinguished Member of SPE and PESA, a past Fellow of the Institution of Engineers, Australia, and a past member of AIChE.

Ashok supports several philanthropic endeavors including sponsorship of major Master’s scholarships in Arts, Science and Engineering and Music at The University of Adelaide, Australia, and at Amity University, India. He is currently serving as Professor of Climate Change and Energy Transition at the University of Adelaide with 100% of his salary reinvested in the universities relevant research and educational programs. Has served in various SPE honorary positions including Director Asia Pacific Region, Conference, and Section Chairperson.

Teh Yat Hong

Head, 2C2P Delivery, under the VP Centre of Excellence (COE) Office, PETRONAS

Teh Yat Hong is currently Head, 2C2P Delivery, under the VP Centre of Excellence (COE) Office, PETRONAS, steering one of the nine Upstream Priorities under the PETRONAS 2030 Ambition to enable sustainable production via timely maturation of contingent resources. 

He started his career as a Technical Assistant in Production Department, PETRONAS in September 1981.  He progressed through various technical sections in Production Department and E&P Division (similar to MPM) before he was transferred to PETRONAS Carigali in 2003 to head the Subsurface Section for Peninsula Malaysia Gas Department; He later headed the department from 2006 to 2013 and oversaw the development of Tangga Barat Gas Cluster Project, Sepat Early Production System Project and the Terengganu Gas Terminal Project.  From 2014 to 2018, Mr. Teh served as the Country Head of Turkmenistan under International Asset, where he oversaw the further development of oil and gas fields and its gas sales business.  Mr. Teh started his current role as Head of 2C2P Delivery in January 2019. 

 Mr. Teh graduated with a Diploma in Petroleum Engineering and Natural Gas from University Technology Malaysia and a Master in Petroleum Engineering from Heriot Watt University in Edinburgh. 

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