The Business of
FPSOs, Shuttle Tankers and Peter Lovie

This day long gathering in Houston in October 2003 addressed questions on the alternate means of transporting oil from ultra deep waters in the Gulf of Mexico to refineries around the Gulf Coast, i.e. the controversial future competition between Jones Act shuttle tankers and expansions of the established pipeline networks.

The event was organized by Peter Lovie and sponsored by SPE. Recognizing the current industry interest five years later (2008-2009) in the "Coming Shoot-out at the LT Corral", presentations have been re-assembled here by permission of the authors.

Deepwater Oil Trans in GoM


Tuesday 14 October 2003
7:30 Register, Gather, Continental Breakfast
  Starting Points
8:30 Welcome, Introduction to Workshop - Peter Lovie - Why are we here? Objectives
8:40 Keynote Address: Matt Simmons, Simmons & Company Intl.
Transportation - The Unrecognized Third Phase of Deepwater Oil Development:
The Unrecognized Third Phase of Deepwater Oil Development:

New Capital Requirements and Market Changes
Demand Side:
What's new versus a year ago? What are the drivers? What are the options?
Issues to be resolved? The End Users:
9:30 Commercial and Logistics Needs and Opportunities - Brad Boister, Anadarko
Experience Elsewhere in World - Benefits & Tradeoffs for Pipelines & Shuttle Tankers - Margaret Mills, B H P
An Integrated Supermajor's View for GOM - Bruce Blome, Shell Pipeline
10:25 Coffee Break
10:50 A GoM Independent's Viewpoint - Chuck Johnson, Kerr McGee
The U.S. Government's Royalty in Kind Interests - Greg Smith, M M S
  Technology Perspective: What's new, barriers and solutions
11:35 The Deepstar Viewpoint - The New Significance of Deepstar / Transportation in
the Deep and Ultra Deep GoM

John Sheets, ChevronTexaco
Offshore Operators' Interests - Technical, Economics and Regulatory Aspects
- Perspective
, Allen Verret, Offshore Operators' Committee
12:15 Networking Lunch
Supply Side:
What options are available? The latest capabilities?
The pipeline v. shuttle tanker competition - the Transportation Contractors:
1:30 Pipeline and Infrastructure Options - Brad Graves, GulfTerra / El Paso

A New Contender - Shuttle Tankers, Contractor Owner, Service as Needed -
Peter Lovie, American Shuttle Tankers

The Current Successful Solution - Pipeline Service - James Hostetler, Poseidon
3:15 Coffee Break
3:45 A New Contender - Shuttle Tankers, Oil Company Owner, Dedicated Tankers,
Matthew Pritchard, Seahorse Shuttling / ConocoPhillips
4:10 Final Discussion & Conclusions : Where now: market segments, timing ,
[Moderators: Peter Lovie & Allen Verret, Discussion Panel - Today's Speakers]
5:30 Workshop Close

Workshop Steering Committee

Who Company, Location Affiliation Responsibilities
James Hostetler Poseidon Pipeline Company
- Content Advisor
A.D. Koen Consultant
SPE Facilities & Constr. Committee Marketing, Writing,
Press Officer
Kim Limmex Shell E&P
New Orleans
- Moderator
Peter Lovie American Shuttle Tankers
SPE Facilities &
Constr. Committee
Chair, Moderator
David Saylor Unocal Deepwater USA
SPE Facilities &
Constr Committee
Content Advisor
Steve Smetana Shell E&P
SPE Member Content Advisor