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Business Acumen and Soft Skills in an Everchanging Exploration World

Michel T. Halbouty Lecture

Tuesday, 29 September 2020, 8:35 a.m.–9:15 a.m.  |  Houston, Texas

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The Michel T. Halbouty lecture series – funded by the AAPG Foundation – is an ongoing special event at the AAPG Annual Convention and 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.

The talk will present real-life examples that give a front view of the action concerning the sometimes-difficult phase of negotiation coming once an exploration project evaluation has been carried out and validated. Lessons from the cases will be discussed, concerning particularly the business insight needed to find “outof- the-box” ways to implement a winning strategy.

Specific “soft skills” are now considered all the more important since the “engineering” preparation of a prospective deal and the related technologies are and will be more and more dependent on data analytics, advanced approaches involving AI, machine learning, etc. There is and will be no shortcut to this new way of going forward with such applications provided individuals and teams maintain a strong culture of trust, perseverance, and just common sense to respect the fundamentals of petroleum geology. Although strongly enhanced by such developments, creativity, and decision-making will remain a human prerogative.

Bernard C. Duval graduated from Ecole Polytechnique, the University of Grenoble, the IFP School, and the Stanford Executive Program. He spent most of his career with Total, with overseas assignments in Libya, Venezuela, and Canada where he was Exploration and Production Vice President for North America. His last position with Total was Senior Vice President Exploration in charge of worldwide exploration strategies, programs, and business development. After retirement he became an international consultant and Associate Professor at the IFP School, teaching petroleum systems, upstream economics, decision-making, and portfolio management. He is an AAPG Honorary Member and the 2019 recipient of the Michel T. Halbouty Outstanding Leadership award.

Included with registration
Bernard C. Duval, Associate Professor, IFP School


Business Acumen and Soft Skills in an Everchanging Exploration World
George R. Brown Convention Center
1001 Avenida De Las Americas
Houston, Texas 77010
United States
(713) 853-8000