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The reduction is the largest OPEC+ has made since April 2020, but it may translate to a cut of only 1.1 million B/D due to underproducing members.
The SPE Annual Technical Conference and Exhibition kicked off with an in-depth discussion of the challenges facing the oil and gas industry, including the energy transition and the industry’s role in it.
Bob Pearson shares his thoughts on the repurposing or abandonment and decommissioning of wells that are unlikely to be repurposed and/or pose an environmental risk with emissions into the atmosphere or aquifers.
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Each year during its Annual Technical Conference and Exhibition, SPE honors members whose outstanding contributions to SPE and the petroleum industry merit special distinction. Recipients will be recognized at the Annual Awards Banquet on Tuesday, 4 October. -
The pandemic shrank technical teams across the upstream industry, raising new and important questions about how training and knowledge sharing must evolve.
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Founded by former analytics experts for a large US independent, Xecta Digital Labs is proposing a new analysis method for horizontal wells. Adopting it means turning the page on some old habits.
Get JPT articles in your LinkedIn feed and stay current with oil and gas news and technology.
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After serving for more than 21 years, Mark Rubin, CEO and executive vice president of SPE, will step down from his role after the end of March 2023. -
Just as you would do a project “look-back” to identify what could have been handled differently or better, it seems appropriate to look back at the recent election process and what can help us build a better SPE future. -
To help us identify future directions, the Board of Directors is currently undertaking a strategic planning process. We want to hear from you what's important for us to consider. -
SPE’s financial results were bleak during the pandemic; however, the resurgence in revenue from in-person events is an encouraging indicator for SPE's financial strength as a professional organization.
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Oil and gas operators around the globe are targeting reductions in offshore carbon emissions, and facilities electrification is the key that will help them meet their goals. -
Injecting gas plus water proved more effective and less costly than gas-only injection in the Bakken. -
When Occidental Resources switched to bigger fracture designs to produce more oil, it produced more water as well. Based on research done since, they cannot have one without the other, and at the oil prices recently seen, that’s OK. -
An automated detection application helped identify stringers early for an operator of a mature field in the North Sea while drilling multilateral wells through reservoir sections containing hard calcite stringers interspersed in sand formations with low unconfined compressive strength. The application guided drilling decisions that minimized invisible lost time and sh…
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Texas and Louisiana are stepping up efforts to assume regulatory authority for an emerging wave of carbon capture and storage projects.
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The CStore1 project aims to prove that floating storage and injection facilities are competitive with pipelines and fixed offshore infrastructure.
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Glynn Williams, CEO of Silixa, offers his take on the role fiber-optic technology will play in the rise of CO2 storage and on the firm’s progress in the tight-rock sector.
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President's Column
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Petroleum engineers have important roles to play in the future energy for the world. Among these are using our traditional concept of producing oil and natural gas as we are doing now and will need to continue to do for decades to come; using our competencies to address the challenges of climate change; and helping to develop additional forms of energy that do not add…
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SponsoredUse AI and ML to automate workflows and analyze data within minutes. Employ a fit-for-basin approach designed for US-centric workflows. -
SponsoredCase studies prove the benefits of choosing a greener, more efficient, and more powerful displacement system -
SponsoredQuickly identify the right strategies for a well or pad to overcome operational challenges. Explore cost-effective, easy-to-use solutions that help operators achieve better production rates with less manpower. -
SponsoredA new Coriolis sensor and innovative multi-frequency technology enables measurement of two-phase flow with entrained gas.
Technology Focus
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Following an election for three open positions on the Board of Directors, members have elected our new SPE Board members.
ExxonMobil and Shell announced on 1 September that they have agreed to divest their 25-year-old joint venture Aera Energy. The California-based subsidiary reported an average production rate of almost 95,000 BOE/D in 2021, representing nearly a quarter of the state's total oil and gas output.
Amin Nasser said the European energy crisis is a direct result of underinvestment in the oil and gas industry and poor contingency planning.
Santos will seek an expedited appeal of the Australian Federal Court decision.
The acquisition expands Talos' footprint in the deep GOM, giving it ownership stakes in key infrastructure.
The Biden administration seeks to cut the cost of enhanced geothermal systems by 90% by 2035.
The energy giant is set to gain new leadership in the new year.
A hydrogen storage study, a new pilot in San Diego, and a UK boost lead the energy transition charge along with a new offshore wind project, marketplace for solar procurement, and fresh funds earmarked for emissions reduction.
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The ATCE Startup Village is a partnership between SPE and the Rice Alliance for Technology and Entrepreneurship at Rice University. Find out which firms took this year's top honors during the annual competition.
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While small modular reactors open doors to affordable, carbon-free nuclear power, they also raise new questions over waste disposal.
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New Fortress Energy again taps the engineering giant for one of its modular LNG plants, this one using fixed platforms.
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