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By 2030, deepwater production is expected to rise 60%, but after that, reduced leasing and exploration could limit this small slice of the sector.
The standalone FPSO destined for Senegal’s first offshore oil development is on its way to a Singapore yard for topsides integration and commissioning.
The SPE Workshop “Impact of Digitalization on Drilling Operations” began on 29 November in Al-Khobar, Saudi Arabia, welcoming 316 attendees from 17 countries and 44 companies.
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Cassia C is BP Trinidad and Tobago's first offshore compression platform. -
The UK-based supermajor is taking over Nature Energy, a company that specializes in turning manure and food waste into “CO2-neutral” natural gas.
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The power from the first turbine to come online will be used to help run the Gullfaks A platform in the North Sea. Seven of the 11 turbines in the field are expected to begin producing power within a year.
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SPE's Board of Directors is seeking member comments on proposed changes to the bylaws related to elections. -
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. -
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.
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Makers of continuous sucker rods are out to convince customers that it really is possible to make a better sucker rod that could save them some money. -
Recent studies have reignited the question of whether US oil and gas companies are ignoring the opportunity to refracture large swaths of maturing assets. -
In this second part of a two-part series on advances in artificial lift, we’ll look at the state of optimization and a trio of techniques and technologies under development or new to the market. Look for quarterly reviews of specific types of lift in upcoming issues in the new year. -
US GOM players have come out of the pandemic slowdown with new perspectives on spending and cycle times and are targeting finds that can utilize existing hardware instead of those that require new iron.
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A consortium of 20 organizations, REX-CO2, including research institutions, operators, and regulatory authorities, studied mature wells in two areas of the UK Continental Shelf. Subsurface data were evaluated and verified the wells’ potential suitability for both reuse and CO2 injection and storage.
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The CO2 capture capacity of all CCS facilities under development increased 44% over the past 12 months, bringing the total capacity of those projects to 244 mtpa of CO2.
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The US giant joins CF Industries and EnLink on a development that could capture and permanently store 2 million metric tons of carbon dioxide starting in 2025.
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President's Column
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In 2022, several events took place that required a pause to think about their effect on our Society. It is time to close the chapter on these events, recognizing the lessons learned from them, and move forward with the main activities of SPE to provide members with the technical and professional support that allows us to provide the world with the energy it needs.
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SponsoredWith many countries pledging to meet net zero targets, companies can seize the opportunity to become leaders in sustainable energy to support those net zero plans. -
SponsoredWhy oil and gas companies can’t get the data they need for production optimization (and how to change that). -
SponsoredBy revealing details at the perforation-level, the application of video-based analytics enables operators detect, understand, and effectively manage production issues at a much earlier stage, leading to more decisive action and significant economic advantage. -
SponsoredUse AI and ML to automate workflows and analyze data within minutes. Employ a fit-for-basin approach designed for US-centric workflows.
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Seven facilities design and public engagement principles are identified as key elements for the future oil and natural gas production facilities for the DJ Basin, and maybe even as a guide for other North American onshore shale basins.
The US supermajor has made more than 30 discoveries offshore the South American country since exploration efforts began in 2015.
High prices have predictably led to production booms that end in busts. But in this cycle, the focus has shifted from production growth to cash flow growth.
A leaner and wiser Weatherford seeks new Middle East contracts while growing margins and market share on existing business.
The world's two largest oilfield service outfits are riding a wave a renewed upstream spending while Baker Hughes posted its second straight quarterly loss.
Nabors' RZR-equipped rig has successfully drilled multiple horizontal wells in the Permian Basin.
The authors discuss the development of a deep-learning model to identify errors in simulation-based performance prediction in unconventional reservoirs.
At the company’s annual conference, leaders from its Automations Solutions business laid out a three-pronged effort to improve automation architecture—intelligent fields, the edge, and the cloud.
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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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Houston-based startup Cemvita Factory uses its hydrogen-producing microbes downhole to considerably lower the cost of hydrogen production.
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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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