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JPT Newsletter (Weekly).
All the top stories, trends, and tech.
JPT Unconventional Insights (Monthly).
Fresh takes on shale and tight oil.
NewMed has targeted the fourth quarter of 2025 to declare a final investment decision (FID) on Phase 1B of the Chevron-operated Leviathan gas project expansion after striking Israel’s largest ever gas export deal.
The deal follows Blackstone’s recent moves in gas-fired power and a pipeline venture with top US gas producer.
Shale’s slowdown leaves room for OPEC+ gains as tensions rise between the US and India over Russian oil imports.
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The number of high-impact wells drilled across the globe this year are expected to be on trend with the most recent 5-year average. -
By closely monitoring its subsea boosting system, Shell extended maintenance intervals and safely postponed pump replacement at its ultradeepwater Stones field. -
BP called the Bumerangue discovery in the Santos Basin the company’s largest find in 25 years, and announced it had begun production from its tieback project at Argos ahead of schedule. -
Bad vibes are being addressed by contractors as operators push to go faster, deeper, and longer with unconventional wells.
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Voices From the Industry
The upstream industry has viewed real-time completions as a long-term goal, but the technology is already in use.
Big oil companies are backing direct lithium extraction while the market flashes warning signs.
As carbon capture scales up worldwide, the real challenge lies deep underground—where smart reservoir management determines whether CO₂ stays put for good.
As US shale potentially stares at a production plateau, operators and service providers are turning to smarter tools to extend the life of aging plays.
Best practices are not static; they evolve alongside advancements that redefine what is achievable.
The early enthusiasm for carbon capture and storage (CCS) is showing signs of strain as the limited capital availability and political support become clearer.
Some offshore operators invest tens of millions annually in well interventions, while others spend nothing. What drives the difference remains a mystery.
The CEO and North America research director for Rystad Energy shares insights from a 3-year Knowledge Partnership between the global consultancy and OTC.
New case studies highlight how artificial intelligence, advanced hardware, and innovative business models are enabling success in drilling automation.
The era of refracs as mere experiments is long gone; today, they’re a strategic necessity fueling portfolio growth.
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The use of real-time wireless downhole pressure gauges proved a valuable alternative to workover operations in two onshore fields in Iraq. -
With the right infrastructure and interoperability, subsea resident robotics could unlock more frequent, cost-effective inspections—and a new standard for offshore efficiency. -
Emerging solutions could solve current subsea pain points, while a new taxonomy system could clarify the capabilities of the expanding domain of underwater vehicles. -
A New Texas Two-Step: Why One Eagle Ford Producer Is Using Hydrocarbons for Well Stimulation and EORBlackBrush Oil & Gas tells JPT about its use of natural gas liquids and condensate to increase oil recovery in horizontal shale wells.
President's Column
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This month’s column recaps the top five objectives for the 2025 SPE President and introduces a new discussion on the future of the SPE name.
JPT Drilling and Hydraulic Fracturing Technology Review
Bold ideas, big impact. Creative thinking is reshaping unconventional development and cutting costs. Read more here.
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SponsoredAltitude Energy Partners optimized drilling efficiency by minimizing dysfunctions and protecting downhole components. Their directional drilling team ensured consistent curves and laterals through precise BHA design, modeling, and trajectory control—reducing nonproductive time and drilling costs, and achieving a 100% improvement in efficiency by pad completion. -
SponsoredAs operators strive to increase production under tighter budgets, traditional downhole diagnostics are falling short—too costly, complex, and time-consuming. Seismos Acoustic Friction Analysis (SAFA) offers a smarter, surface-based alternative. This white paper explores how SAFA enables real-time treatment optimization, better fracture performance, and substantial cos… -
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. -
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.
Technology Focus
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Join us in congratulating the International Award recipients.
Successful in other applications, self-healing coatings could be the oil industry’s ticket to fighting corrosion and extending the life of steel.
These awards recognize those members who have contributed exceptional service and leadership to the Society, as well as those who have made major professional contributions to their technical disciplines at the regional level.
The latest merger and acquisition report from Enverus Intelligence Research shows deal value fell 21% quarter over quarter.
Chevron now holds a 30% stake in a prolific offshore Guyana development, where oil production is expected to ramp up over the next few years.
With the right internal modifications, traditional degassers can be enhanced with gas flotation for improved oily water separation. This article outlines key design considerations—including inlet and settling zones, skimming, and solids handling. Two case studies highlight lessons learned in troubleshooting and revamping degasser designs.
This article explores how the pursuit of a "perfect" reservoir model may be hindering progress in an industry increasingly shaped by data, uncertainty, and AI.
Traditionally, the drilling industry has relied on high-fidelity thermal simulators to predict downhole temperature for different operational scenarios. Though accurate, these models are too slow for real-time applications. To overcome this limitation, a deep-learning solution is proposed that enables fast, accurate prediction of downhole temperatures under a wide ran…
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This article is the third in a Q&A series from the SPE Research and Development Technical Section focusing on emerging energy technologies. In this piece, Zikri Bayraktar, a senior machine learning engineer with SLB’s Software Technology and Innovation Center, discusses the expanding use of artificial intelligence in the upstream sector. -
The service giant shares how its new technology can sense rock properties 50 ft ahead of the bit in horizontal wells.
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Gold H2 says it is the first to achieve commercial-scale hydrogen production by introducing microbes to a mature oil reservoir.
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