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JPT Drilling and Hydraulic Fracturing Technology Review
This selection of cutting-edge articles spotlights how experimental concepts are now driving cost-saving strategies in unconventional development. It’s a reminder that innovation often comes from creative thinking, not just new tools or tech partnerships. Read more here.
Trending Content
Soft demand and mounting stacking costs drove decisions by Noble and Valaris to move on from units.
The Midland, Texas-based operator said the deal hands it the biggest remaining target in the Midland Basin side of the Permian Basin.
The Tiber FPU is expected to follow the Kaskida hub currently being built in Singapore.
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Jose Formigli, Chevron’s Anchor Project, and Arun Duggal are this year’s winners.
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Upgraded sour-gas injection and a new third-generation processing plant are key to keeping supergiant Tengiz producing for years to come.
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The new Sevan-designed cylindrical FPSO is expected to flow 45,000 BOE/D at peak.
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A Shell partnership with YPF marks a significant milestone for the Argentina LNG export facility, raising new questions about the nation’s potential to unlock the economic power of its vast shale reserves.
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Global offshore decommissioning projects hear the starting gun in Australia and the North Sea, but will the race be a marathon or a sprint?
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From optimizing drilling performance to enhancing worker safety, computer vision can change how the industry works.
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The “Oil in WW2” study was conducted in preparation for the 2024 SPE Annual Technical Conference and Exhibition in New Orleans. From November 2023 to July 2024, the authors led a small team to complete the study, which is presented on 17 freestanding panels available for display at SPE events and educational institutions.
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President's Column
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This month’s column reviews the evolution of our membership, focusing on young professional members whose demography is a point of concern.
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SponsoredElectrical submersible pumps (ESPs) are the backbone of artificial lift operations, enabling the extraction of hydrocarbons from challenging reservoirs. However, their effectiveness is often compromised by the extreme downhole environment, characterized by soaring temperatures, high pressures, and exposure to aggressive fluids.
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SponsoredWhile WACC is frequently used as the base discount rate for corporate-level decision-making, using it as a universal discount rate for projects can result in inaccurate project valuations. Incorporating the opportunity cost of capital provides a more nuanced and accurate approach to project evaluation.
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SponsoredTesting new drilling technology in a controlled and monitored environment before it is launched to its full extent in the field—that is what the Rijswijk Center for Sustainable Geo-energy is all about.
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SponsoredThis article explores the intricacies of this age-old problem, outlining the causes, consequences, and costs of gas locking, as well as highlighting a novel approach to mitigation that has recently been validated by computational fluid dynamics research.
Technology Focus
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The companies said they plan to work together on developing geopressured geothermal systems for low-carbon energy storage and geothermal power generation.
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The agreement aims to accelerate new commercial technologies that address challenges with geothermal development.
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GEODE is a consortium led by Project InnerSpace and the Society of Petroleum Engineers and funded by the US Department of Energy’s Geothermal Technologies Office.
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