More than 50,000 oil and gas industry executives from around the world will check out new technologies this month at the Global Petroleum Show in Calgary.

The bi-annual event will be held June 8-10 at the Roundup Centre at Stampede Park.

Guy Tennant, manager of marketing and business development for Calgary-based Halliburton Energy Services Canada Inc., a major sponsor of the event, said the show will introduce new technologies that will come into vogue in the next five years in Canada.

“What we’re showcasing for the Global Petroleum Show is real-time (technology) and how real-time and collaborative well environments will enhance the ability to drill wells more cost-effectively,” said Tennant.

“So our whole show is focused around real-time and real-time applications in Western Canada.”

U.S.-based Halliburton paid an undisclosed six-figure sponsorship fee. The company will also exhibit during the event.

Approximately 1,500 oil and gas producers and service companies will exhibit within 500,000 sq. ft. of exhibition room.

Two years ago, said Tennant, 2,400 people registered at the Halliburton booth alone.

“Since it’s a global petroleum show, you’ll have a lot of people from South America and the Middle East there,” said Tennant.

“Oil companies and service companies will be showcasing their resources and their technologies to develop not only Western Canada, but other places of the world.

“There’s also a lot of technology talks throughout the four days. We (Halliburton) have about 10 or 12 presenters presenting technologies that we’ve brought to bear in the last two or three years.”

Meanwhile, the Canadian International Petroleum Conference, held June 7-10 in conjunction with the GPS, will focus on four main topics:

* Forecasting global supply and demand.

* Exploring global opportunities.

* Corporate cultures that win.

* Future energy sources.

“Calgary is abuzz during that period of time,” said Tennant. “I’ve only been to one other show, and that was two years ago, and it’s very positive for the industry in general.”

Tennant said Halliburton wants to promote the “triple bottom line” of economic prosperity, environmental quality and social equity.

“Recently, we’ve had a very strong focus on what we call sustainable development,” said Tennant.

“What we want to showcase to our customers – and also our competitors – is that we’re very focused on this triple bottom line.

“Prosperity is first and foremost in any company, and profitability. But it’s also the social environment now and the economic environment.”

The GPS will feature the World Oil Centre Stage, where companies showcase new technologies as well as an industry- career fair, an international recruitment event which includes an online forum (www.oilcareerfair.com) and an onsite job fair.

At the International Business Centre, overseas buyers will be able to connect with representatives from export-ready companies.

Several networking events are also on tap.

Bill Meeuwissen, Dominion Exploration Canada Ltd.’s manager of exploitation for B.C., said he looks forward to learning about new technologies and techniques, such as coalbed methane development, that were not available when he studied engineering about 20 years ago.

Meeuwissen, who is based in Calgary, said the show also offers executives a break from the office, where they do not have a lot of time to spend on learning about new technologies.

The GPS will also offer insight into developing so-called frontier areas, such as the Mackenzie Delta, where a long-awaited pipeline is expected to boost gas supply and offset the declines of the Western Canadian Sedimentary Basin.

Canadian producers and service companies, most based in Alberta, are also expected to share the lessons they’ve learned on coalbed methane and drilling in smaller reservoirs within shallow and tight rock formations – using such techniques as horizontal drilling and such technologies as collapsible tubing.