December 2014
Supplement
Social license to operate needed
The North American shale revolution has completely changed the visibility of oil and gas operations, throughout the world. Shale development is attractive for most countries, because it can increase domestic supply (with the potential for exports) and displace the use of coal or liquid hydrocarbons. The economic impact (job creation, capital expenditures, revenues to the state) provides positive benefits. Two of the most impressive benefits include the economic impact of low-cost natural gas on the economy, and the sharp decrease in greenhouse gas emissions, due to decreased reliance on coal-fired power plants.
About the Authors
Dr. Nathan Meehan
Baker Hughes, a GE Company
Dr. Nathan Meehan serves as senior executive advisor to Baker Hughes and is president-elect of the Society of Petroleum Engineers. Previously, he was president of CMG Petroleum Consulting; V.P. of engineering for Occidental Oil & Gas; and G.M., Exploration & Production Services, at Union Pacific Resources. Dr. Meehan holds a BS degree in physics from the Georgia Institute of Technology, an MS degree in petroleum engineering from the University of Oklahoma, and a PhD in petroleum engineering from Stanford University. He served as chairman of the board of the CMG Reservoir Simulation Foundation and as a director of the Computer Modelling Group, Ltd.; Vanyoganeft Oil Company, Nizhnyvartosk, Russia; Pinnacle Technologies, Inc.; SPE and JOA Oil & Gas BV. He is an SPE Distinguished Member and the recipient of SPE’s Lester C. Uren Award for Distinguished Achievement in petroleum engineering, the Degolyer Distinguished Service Medal and the SPE Public Service Award. He is an appointed member of the Interstate Oil & Gas Compact Commission and a licensed professional engineer in four states.
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