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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.
The agency’s July outlook also showed crude prices holding below $60/bbl for most of 2026.
As Africa’s top oil producer, Libya is ramping up momentum—offering 22 exploration areas and welcoming BP back to Tripoli with a major deal.
Tight oil and gas producers in the US are pulling back faster than expected as oil prices stagnate and produced water management constraints grow.
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Members of the International Association of Oil and Gas Producers reported 32 fatalities and a 26% jump in hours worked in 2024, which lowered the rate by 0.03 per million hours worked. -
Electricity produced onshore powers oil production at Johan Sverdrup holding CO₂ emissions at only 5% of the global average. -
Successful in other applications, self-healing coatings could be the oil industry’s ticket to fighting corrosion and extending the life of steel. -
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.
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Voices From the Industry
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.
Few things are more essential to the now global hydraulic fracturing revolution than access to fresh water, yet this dependency use has raised environmental concerns and operational challenges.
Guest Editorial: 2025 Perspective: Digital Transformation in Oil and Gas—From Evolution to Shockwave
The path forward is not just about automation—it is about augmentation. AI is not replacing human expertise; it is amplifying it. Those who master this balance will define the future of oil and gas in a rapidly evolving energy landscape.
Greenhouse gases are woven into every stage of a well’s life, which presents challenges that demand creative solutions that do not require too much capital.
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Data mining techniques are unlocking new insights from the performance of thousands of Bakken wells. This article explores how those insights are helping refine completion optimization. -
New strides in computer vision, well controls indicators, and BOP alignment were showcased at the recent Offshore Technology Conference. -
Once labeled “undrillable,” Brazil’s heavy-oil Atlanta field in the Santos Basin faced technical, financial, and logistical challenges. But through a phased approach, clever reuse of assets, and disciplined project execution, Brava Energia transformed a risky deepwater asset into a producing field with 172 million BOE in 2P reserves. -
In the wake of the falling number of exploratory wells in the country, Brazil-owned Petrobras addressed audience concerns as well as outlined new avenues for production at the Offshore Technology Conference.
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.
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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Gold H2 says it is the first to achieve commercial-scale hydrogen production by introducing microbes to a mature oil reservoir.
The supermajor follows other oil companies including ExxonMobil, Equinor, and Occidental Petroleum in the hunt to bolster US supplies of lithium.
Japan’s largest power generator is focused on sourcing Haynesville natural gas production for Gulf Coast export as LNG.
The Dutch marine contractor says it plans to outfit its construction vessels with small modular reactors over 5 years.
The Ohio River Valley Institute finds operator indifference, regulatory noncompliance as chief factors in state's growing number of deserted wells.
Secondary and tertiary efforts are critical for sustaining the productive lives of unconventional plays.
Foundation models are rapidly emerging as a transformative force across industries. While their effect on natural language processing and computer vision is well-documented, their potential in specialized engineering domains, particularly within the critical oil, gas, and broader energy sectors, is vast and increasingly recognized. This article explores how these powe…
Fourteen SPE student chapters, ranging by category and size, have been selected for recognition.
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Gautam Swami, manager of corporate R&D at NOV and SPE member, shares his experiences in building a career in oil and gas R&D, discusses how innovation is shaping the industry, and offers guidance to young professionals. -
Aramco’s latest MOUs focus on driving innovation and growth across oil, gas, and downstream sectors.
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The Offshore Technology Conference has announced the 2025 Spotlight on New Technology Award winners—nine game-changing innovations shaping the future of offshore energy. Join the celebration at 1600 CDT on Monday, 5 May, at the NRG Center, Houston.
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