Event Sponsors:

Space for this important
event is still available. Please see IADC staff onsite for door
registration. Cost is $400 per person.
Make plans to attend the 2010 IADC
Contracts & Risk Management Conference. The conference will be held
on 13-14 October at the Omni Houston Hotel Westside.
This conference explores pertinent
issues affecting contracts and risk management within the drilling
industry. Speakers report on market issues, contract provisions, new
contract requirements and indemnification issues, to name a few.
Earn CLE's!
IADC has been approved for 10.25 CLE hours and .5 ethics hours by
the State Bar of Texas.
IADC has been approved for 10.25 CLE hours by
the Louisiana Supreme Court.
Conference
Program
Wednesday, 13
October 2010
7:15 am
Speaker Briefing
Texas Ballroom (Speakers and moderators only)
8:00 am Registration
and Coffee Texas Ballroom Foyer Sponsored
by Sutherland Asbill &
Brennan LLP
8:25 am
Welcome and Introduction Texas
Ballroom V-VII
Scott Gordon, Chairman, IADC Contracts
Committee; Regional Vice President, Unit Texas Drilling LLC
Insurance Issues
Session Moderator: Scott Gordon, Chairman, IADC Contracts
Committee; Regional Vice President, Unit Texas Drilling LLC
8:30 am
Self Insurance Issues: Stephen P. Pate,
Partner, Fulbright & Jaworski LLP
Self-Insurance and Affiliate-company
insurance issues will be discussed.
9:00 am
Insurance Risks: Read Before You Pay!
Lee Shidlofsky, Coverage Attorney, Visser
Shidlofsky
Recent court opinions involving insurance
coverage.
9:30 am
When the Going Gets Tough, You’re on Your
Own: Peter Cassidy, Partner, Reed
Smith LLP
Unfortunately, history is, yet
again, repeating itself. As with previous economic downturns,
contractors are facing the same issues: non-payment,
wrongful contract terminations and unlawful calls upon
financial securities. The purpose of the presentation is to explain
how English law deals with these issues, illustrated by recent case
law. Secondly, advice will be offered as to how best to protect
yourself at the contract negotiation stage. Finally, practical
guidance as to what to do if you are faced with these issues on
contracts will be provided.
11:45 am Luncheon
Water Court Room
Risk Management
Session Moderator: Stacey Earley, Director, Marketing Contracts & Services, Transocean
12:45 pm Managing the
Unique Risks of Drilling Operations: Kerry Williams,
Senior Partner, and Julia Calnek, Partner,
Chamberlain Hrdlicka, White, Williams & Martin
Take a 360
degree look at the myriad - and often hidden - legal risks facing
drilling professionals. Led by the legal duo of Julia Calnek and
Kerry Williams, partners in one of the country's only deep water
offshore legal practices combining both litigation and transactional
acumen, you'll learn about the unique risks associated with offshore
drilling operations. Find out why, from the essential elements of a
well-built contract to reducing environment liability issues, what
you don't know in drilling law can hurt you.
1:15 pm
ConocoPhillips'
Approach to Contract Risk Allocation:
Bob Mahood, Senior
Counsel, ConocoPhillips
Listen to a
major operator’s take on Indemnity Structure.
1:45 pm
Forecasting of
Dayrates, Oil & Gas Price Trends & Valuation Metrics:
Jim Harden, Principal, Energy Valuations LLC
Ernst & Young is
doing a lot of work with global drillers (both land and offshore)
regarding forecasting of dayrates, oil and gas price trends,
valuation metrics, etc. This presentation will discuss our research.
2:15 pm
Breaking the
Code: Protecting Your Dayrates: Jeremy Farr,
Head of the Energy & Offshore, Ince & Co.
The impact of
the Seadrill vs. Gazprom and Chris Chenery decisions will be
discussed in detail. Wrongful contract termination will also be
covered.
3:00 pm Coffee Break
Texas Ballroom Foyer
Sponsored by Sutherland
Asbill & Brennan LLP
4:15 pm
Third Party
Indemnity Panel
Session Moderator:
Ted Gobillot, Associate General Counsel, Rowan Companies Inc.
This esteemed panel will discuss mutual hold harmless
agreements and operator vs. contractor views.
-
Bill Pugh, Lawyer, Liskow & Lewis
-
Lisa Bagley Brown, Managing Counsel,
Occidental Oil & Gas Corporation
-
Drew Harding, Associate General
Counsel, Unit Drilling Company
-
John
Henderson,
Head of Marine & Energy, Aspen UK
5:15 pm Closing Remarks
Welcoming
Reception
Water Court Room
Sponsored by Locke Lord Bissell & Liddell LLP
Thursday, 14
October 2010
8:00 am Registration and
Coffee Texas
Ballroom Foyer Sponsored
by Clyde & Co LLP
8:25 am
Welcoming Remarks Texas
Ballroom V-VII
Scott Gordon, Chairman, IADC Contracts
Committee; Regional Vice President, Unit Texas Drilling LLC
Session Moderator: Scott Gordon, Chairman, IADC Contracts
Committee; Regional Vice President, Unit Texas Drilling LLC
8:30 am Current FCPA
Concerns, Future Risk/Compliance Issues: Lucinda Low,
Partner, Steptoe & Johnson LLP
A widely recognized
authority in the US Foreign Corrupt Practices Act, Ms.
Low assists US and foreign companies with compliance
with international business laws and regulations
and represents investors in a broad array of investment disputes with commercial
partners and host governments.
9:00 am
Dispute Management:
Minn Naing Oo, Chief Executive Officer & Registrar, Rachel Foxton, Head of Business Development, Singapore International Arbitration Centre
(SIAC)
This presentation will cover more than just
a hearing process itself but what can be done to mitigate litigious
risk from the outset of an agreement and more specifically tortuous
risk when carrying services . The advantages that arbitration has to offer and the trends and updates in Europe, Asia, UAE and the US
will also be explained.
9:30 am Rig Security: Getting the Right Security for the
Right Environment: John McCaffery,
Managing Director, Middle East and Central Asia, Erinys
International
Onshore
international security concerns such as sourcing independent threat
analysis, development of a security template by assessing specific
vulnerabilities (i.e. for near to 100% coverage) or using a
generalized template (80-95% coverage) and negotiating with the
operator for supply of security services (including host nation
support, use of local and international security companies) will be
covered.
10:00 am Coffee Break Texas
Ballroom Foyer Sponsored
by Clyde & Co LLP
Session Moderator: Cary Moomjian, Vice
President, General Counsel & Secretary, Ensco plc
10:15 am Labor Law Issues You Need To Know: Nancy Patterson, Partner,
Morgan, Lewis & Bockius, LLP
Learn what labor clauses you need to be in compliance.
10:45 am
Alternative Risk Transfer Strategies:
James L. Gleaves, Managing Director, J.
Wortham L.L.C., General Partner, John L. Wortham & Son, L.P.
The presentation will include an overview of the status of the traditional insurance markets and the impact of the 2010 hurricane season – so far. Also included will be a review of the current use of alternative insurance products including risk financing structures, captive insurance companies and Cat bonds.
11:15 am Risks Associated
with Well Control in the Drilling & Completion of Today’s Oil/Gas
Wells: Bill Mahler,
Executive VP & General Manager, Wild Well Control
The presentation will include discussions on possible
mitigation actions of identified risks, the contracting well control
services, on an emergency call out basis, as part of the mitigation
actions, risk mitigation strategies and financial benefits of
training.
11:45 am
Adjournment
Scott Gordon, Chairman, IADC Contracts Committee;
Regional Vice President, Unit Texas Drilling LLC
Conference
Program Committee
Scott Gordon, Unit Texas Drilling LLC
John Buvens, Rowan Companies Inc.
Glen Kelley, Atwood Oceanics, Inc.
Cary Moomjian, Ensco plc
Ernie Nelson, Nabors Drilling USA LP
Stacey Earley, Transocean
Sally Dickerson, Key Energy Services
Mark Rankin, Basic Energy Services
Marvin C. Moos, Ebanks Taylor Horne LLC
Ken Fischer, IADC
Jason McFarland, IADC