William P. “Bill” Hedrick, Vice President Claims Management & Special Projects, Rowan Companies
Bill Hedrick has over 32 years of experience supporting contract oil and gas well drilling operations. His entire career has been with Rowan, starting as an offshore Roustabout. In addition to his day-to-day responsibilities, he has been active in a number of trade associations including API, OOC, and IADC. He formerly chaired the Gulf Safety Committee, the Security Subcommittee of which manages the U.S. Coast Guard’s GOM Area Maritime Security Committee and was a member of that committee and the Sabine Neches Maritime Security Committee. Bill also was Co-Chairman of the OOC’s Marine Safety and Security Subcommittee. He is a past Chairman of IADC’s HSE Committee. Bill also was a member of the U.S. Coast Guard’s National Offshore Safety Advisory Committee (NOSAC). Bill was one of the principal authors of API RP 70 and RP 70I as regards offshore security guidance and assisted the U.S. Coast Guard in developing Part’s 105 and 106 of the maritime security regulations.

Keynote Address: Stephen J. Bosworth, Vice President Worldwide Drilling, Anadarko Petroleum Corporation
Steve Bosworth is Vice President of Worldwide Drilling for Anadarko Petroleum Corporation. Anadarko is among the largest independent oil and natural gas exploration and production companies in the world, with 2.28 billion barrels of oil equivalent (BBOE) of proved reserves at year-end 2008. Anadarko's portfolio of assets encompasses premier positions in 10 major U.S. onshore natural gas resource plays. The company also is the largest independent deepwater producer in the GOM, and has production and/or exploration in Alaska, Algeria, Brazil, China, Indonesia, Mozambique and West Africa. Mr. Bosworth is a graduate of Texas A&I University, now known as Texas A&M Kingsville in 1978 with a BS degree in Natural Gas Engineering. Mr. Bosworth joined Champlin Petroleum in 1978 as an engineer and has continued his career in the drilling department through both the Union Pacific Resources and Anadarko mergers. Mr. Bosworth is a member of the IADC, AADE, and SPE.

9:30 am   Mona Lisa Foyer
Coffee Service   Sponsored by CB Richard Ellis

9:45 am   Mona Lisa
Worldwide Drilling Activity
Moderator: Scott Gordon, Regional Vice President, Unit Texas Drilling, LLC

The 2010 Outlook for U.S. Onshore Drilling Activity by Regional Markets: Bob Williams, Director of News and Analysis & Stephen Beck, Senior Research Analyst, The Land Rig Newsletter
An introduction of the first of The Land Rig Newsletter’s new research reports, the 2010 Outlook for U.S. Onshore Drilling Activity by Regional Markets, which uses statistical modeling methodology. The models are supported by the most extensive operator and contractor survey methods used in the oil and gas industry. The Land Rig Newsletter will use these tools to develop a 2010 U.S. onshore drilling forecast that promises to be the most comprehensive and detailed that the industry has seen.

Worldwide Offshore Rig Market Outlook: Tom Kellock, Head of Consulting & Research, ODS-Petrodata
With a considerable over-supply of jackups, a weakening midwater market and numerous operators offering sublets on their deepwater units, today the offshore rig market is in turmoil. This presentation identifies the key trends emerging in this sector as operators and contractors alike adjust to an environment where oil prices are fluctuating around a level only half that seen a mere eighteen months ago.

10:45 am    Moderator: Scott Gordon, Regional Vice President, Unit Texas Drilling, LLC
The Lies We've Been Told (or How Not to Transition to the Fuels of the Future): Lucian “Lou” Pugliaresi, President, Energy Policy Research Foundation (EPRINC)
An overview of recent research and policy assessments of the Energy Policy Research Foundation, Inc. (EPRINC) will be presented. The EPRINC, incorporated in 1944, is a not-for-profit organization that studies energy economics with special emphasis on oil. Mr. Pugliaresi will provide a critical assessment of the fundamental assumptions driving U.S. energy policy. Among the topics covered will be renewable fuels policy, cap and trade legislation, tax proposals for the domestic oil and gas industry, offshore leasing and the structural forces that brought the rapid rise and then fall in petroleum prices. He will examine policy strategies going forward for transitioning to the fuels of the future. The presentation is both unconventional and provocative and will challenge much of today's common wisdom on the operation of the world oil market.
Before becoming President, of EPRINC, Mr. Pugliaresi served in the federal government at the US Departments of Interior and Energy, Environmental Protection Agency, US Department of State, and as Director for International Economic Affairs and as Director of International Technology Affairs at the National Security Council in the White House between 1984 and 1987.

11:30 am    Pompeii Ballroom
Baker Hughes Luncheon
Host: Scott Schmidt, President, Hughes Christensen Company
The annual Baker Hughes Luncheon will feature recognition of IADC officer nominees for 2010 and presentation of the 2009 IADC Chairman’s plaque.

1 pm
Why Well Control? Dr. Lee Hunt, President, IADC
The Industry has come a long way since its early days, when a “gusher” was a cause for celebration rather than alarm. 2010 will mark IADC’s 20th anniversary of bringing its series of well control conferences to the industry. In honor of that anniversary, Dr. Lee Hunt will take a look back at those storied days, and trace the evolution of responsible well control to the modern day and into the future.

IADC Environmental Policy Advisory Panel Update: Claus Hemmingsen, 2009 IADC Chairman; Chief Executive Officer, Maersk Drilling
The IADC Environmental Policy Advisory Panel will develop a benchmark template for annual offshore contractor reporting of air emissions, loss of containment and waste control. Prior to this benchmark system a survey was distributed amongst 90 offshore International contractors to ascertain current methods used for data collection and reporting. An update of this initiative will be presented.

1:30 pm   Mona Lisa Foyer
Coffee Service   Sponsored by CB Richard Ellis

1:45 pm   Mona Lisa
Drillers Outlook
Moderator: John Rynd, CEO & President, Hercules Offshore Inc.
These three leading drilling contractors representing land and offshore with US and global scope will present their views from a personal and company perspective. They will consider the key issues facing the contract-drilling industry in this current economic cycle.

David Russell, Executive Vice President, Drilling Operations, Rowan Companies
Rowan Companies, Inc. is a major provider of international and domestic contract drilling services. Rowan also owns and operates a manufacturing division that produces equipment for the drilling, mining and timber industries. The manufacturing division built the first jack-up drilling rig in 1955 and has designed or built more than 200 rigs since, including all 22 in Rowan’s fleet.
Mr. Russell started his career at Rowan as a college Roustabout in the summer of 1982 while attending the University of Texas. David became a full time employee in 1984. In January of 2006 he was named Executive Vice President of Rowan Companies. Mr. Russell is currently responsible for offshore and land drilling operations worldwide. David is a board member of IADC and OEC, a member of OOC, American Bureau of Shipping and NOIA.

Ed Jacob, CEO/President, Keen Energy Services, LLC
Keen Energy Services, LLC is engaged in contract drilling of oil and gas wells for exploration and production companies and is headquartered in Stillwater,Oklahoma. A leading drilling contractor in the Anadarko and Arkoma Basins of Oklahoma with a significant presence in the Barnett Shale of Texas and a growing presence in the Fayetteville Shale of Arkansas and Haynesville Shale of Texas/Louisiana.
Mr. Jacob joined Keen Energy Services, LLC. as the company’s CEO and President in March 2009. Prior to joining Keen Energy Services, Mr. Jacob was Senior Vice President of Grey Wolf Inc. until it was acquired by Precision Drilling in December 2008. He attended Nichols State University and the Harvard Business School Advanced Management Program. Mr. Jacob has served as a Director of the IADC since 1989 and held the position of Vice President Land Division from 1998-2000. He served on the Executive Committee from 2004-2006 and has served on many IADC committees.