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ERE Seminar: Mark Zoback (Stanford University) - Oil and Gas in the Era of Decarbonization

When:
Monday, Mar 9, 2020 12:30 PM
Where:
Room 104, Green Earth Sciences Building, 367 Panama Street, Stanford
More Info:
ERE Seminar: Mark Zoback (Stanford University) - Oil and Gas in the Era of Deca…
Audience:
Faculty/Staff, Students
Sponsor:
Energy Resources Engineering

Mark Zoback, PhD | Stanford University

TITLE
Oil and Gas in the Era of Decarbonization

ABSTRACT
The new abundance of natural gas resources (from both conventional and unconventional sources) and ever-expanding LNG capabilities provide opportunities for fuel switching from coal to natural gas around the world. As demonstrated by the dramatic decrease in CO2 emissions associated with electrical power generation in the United States, fuel switching from coal to natural gas has the potential to yield immediate, and significant, climate benefits in many countries around the world. The benefits to air quality are equally important in many areas where coal-related air pollution poses a significant threat to human health. In addition, the widespread availability of global gas resources (and natural gas liquids) has the potential to provide critically needed thermal fuels for cooking and heating in the developing world and obviating the dramatic health impacts associated with indoor air pollution. Finally, to limit global warming to 2°C (as agreed to in the Paris Accords) massive amounts of CO2 need to be sequestered in the subsurface by mid-century. Extensive use of depleted oil and gas reservoirs for CO2 storage represents the only reasonable strategy for sequestering sufficient volumes of CO2 to significantly reduce GHG emissions and thus positively limit climate change. The oil and gas industry of the future needs to be in the businesses of producing hydrocarbons and sequestering CO2.

BIO
Mark Zoback is the Benjamin M. Page Professor of Geophysics and the Director of the Stanford Natural Gas Initiative at Stanford University. He co-directs SCITS Stanford Center for Induced and Triggered Seismicity (SCITS) and the Stanford Center for Carbon Storage (SCCS). Dr. Zoback conducts research on in situ stress, fault mechanics, and reservoir geomechanics. He is the author/co-author of over 300 technical papers, holder of five patents and author of two books. Reservoir Geomechanics, published by Cambridge University Press in 2007 is now its 15th printing. His online course, also entitled Reservoir Geomechanics, has been completed by over 10,000 students around the world. His new book, Unconventional Reservoir Geomechanics, written with Arjun Kohli, is being released by Cambridge Press in April, 2019. Dr. Zoback has received a number of awards and honors, including the 2008 Walter H. Bucher Medal of the American Geophysical Union. In 2011 he was elected to the U.S. National Academy of Engineering and in 2012 was elected to Honorary Membership of the Society of Exploration Geophysics. He was the 2013 recipient of the Louis Néel Medal of the European Geosciences Union and named an Einstein Chair Professor of the Chinese Academy of Sciences. In 2015 he received the Robert R. Berg Outstanding Research Award of the AAPG and in 2016 received the Outstanding Contribution to the Public Understanding of the Geosciences Award from the American Geological Institute.

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