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.
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Jose Formigli, Chevron’s Anchor Project, and Arun Duggal are this year’s winners.
Closed-loop geothermal systems have entered the new-energy arena to generate electricity using the underground as a heat exchanger.
Equinor will reduce investments in renewables over the next 2 years by 50% to $5 billion and will increase its focus on oil and gas production, expecting more than 10% growth from 2024 to 2027.
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Industry leaders champion collaborative solutions as essential for overcoming fracturing limitations. -
Three graduate students have received the 2025 SPE Hydraulic Fracturing Technology Conference and Exhibition Outstanding Graduate Student Award.
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Analysts at Enverus Intelligence Research and Rystad Energy report that US shale consolidation has largely run its course.
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As we turn the page on our 75th anniversary, JPT’s recent visit to the UAE offers a front-row seat of what some of the industry’s biggest players see coming.
The birthplace of Royal Dutch Shell, Indonesia and Malaysia, buck trends and grow their gas and oil industries, expecting a record number of final investment decisions in the next 4 years in gas, deep water, and carbon capture projects to support Southeast Asia’s booming economic growth.
Over the past 75 years, drillers have gone from the Stone Age to the Space Age when it comes to technological improvements in well construction methods. Yesterday’s crude wood and iron drilling techniques have given way to today’s video game-inspired controls and robotic assistance—much of which migrated from offshore applications. These advancements have driven costs…
Since the late 1930s, the offshore industry has advanced from the first platform in 14 ft of water to the ultradeepwater 20K era. Driven by seismic, drilling, and development breakthroughs, the industry has pushed into deeper waters, high-pressure reservoirs, and new frontiers like Guyana, continually expanding the limits of offshore exploration.
The KRI has become a significant player in the oil and gas industry. The authors use production data from key fields to explore the factors influencing both individual fields and overall production. An overview of the challenges and milestones in the region’s oil and gas sector from 2014 to 2023 enhances understanding of its evolution, current status, and future oppor…
As Azerbaijan prepares to host COP29, JPT looks back at how the country prospered for millennia on its largess of oil and gas and its unique geography along the ancient Silk Road that today is traversed by pipelines delivering gas and oil to Europe from the depths of the Caspian Sea.
JPT’s first year of publication was one of groundbreaking events that would transform the global petroleum industry. A recap of developments in 1949 emphasizes the high hopes attached to the industry—and the ambitious goals of the new magazine.
The health, safety, and environment (HSE) discipline is one of the broadest in SPE, from the perspectives of both its scope and its cross-discipline impact. As JPT celebrates 75 years, former HSE Technical Director Roland Moreau examines some of the defining moments in the history of HSE in the industry, the growth of the discipline, and the challenges it still faces.
From the first supercomputer to generative AI, JPT has followed the advancement of digital technology in the petroleum industry. As the steady march of innovation continues, four experts give their views on the state and future of data science in the industry.
There will always be a need for good artificial lift engineers. So, what should the next generation of its professionals be trying to pursue?
Longtime leaders in artificial lift discuss and share their insights on the rapidly evolving segment’s past, present, and future.
The world of artificial lift has witnessed a remarkable revolution over the past 25 years, with many of the events and technology trends recorded in the Journal of Petroleum Technology.
Longtime JPT Technology Editor Dennis Denney discusses his career at SPE and the development of the magazine’s Technology Focus feature.
We’re excited to begin the year with the commemoration of JPT’s 75th anniversary. This issue launches our special features dedicated to JPT’s reporting of technology and practices over the past 7½ decades.
Highlights of innovations in fracturing, drilling, and reservoir engineering include mysterious gummy bears, horseshoe-shaped wells, and automated rigs.
Find out what made the list of big technology breakthroughs that have shaped the oil and gas industry over the past quarter century.
The topics covered in JPT’s Technology Focus feature span the breadth of the upstream industry. A review of these topics over the years illustrates the changes that have affected E&P professionals.
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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. -
Global offshore decommissioning projects hear the starting gun in Australia and the North Sea, but will the race be a marathon or a sprint? -
From optimizing drilling performance to enhancing worker safety, computer vision can change how the industry works. -
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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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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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. -
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. -
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. -
SponsoredTAQA's PulseEight Secure and SwellStack solutions avoid costly workovers and deferred production by riglessly retrofitting an alternative to failed subsurface safety valves.
Technology Focus
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International majors showing new interest in Iraq as China scoops blocks in Baghdad’s most recent bid rounds.
Virtual reality and related visualization technologies are helping reshape how the industry views 3D data, makes decisions, and trains personnel.
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.
Aramco expects to complete Phase 1 construction of the 9-mtpa facility in 2027.
By boosting gas supplies to Egypt’s home market, Cairo can return its focus to developing an LNG export hub.
The Libyan National Oil Company plans to tender 22 onshore/offshore exploration blocks in 2025 as it works to rebuild credibility with foreign oil producers.
The energy infrastructure firm also purchased a North Dakota gas gathering system for $640 million.
This month’s column offers a review of the perceived quality of SPE's publications and how this perceived quality could affect the value and impact of SPE's generative AI deliverables. Quality can be subjective, so this column focuses on key publication indicators before assessing remedial options in a future column.
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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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