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The fast-growing software firm was founded by former oil and gas professionals who wanted to disrupt traditional reservoir economics software and redefine workflows.
Hydrogen fuels, storage, and production projects are on the go, while CCS and wind projects receive significant international boosts from the likes of INPEX, Chevron, Equinor, and Eni, and Amazon splashes cash for more than three dozen renewables projects.
SPE recently received two awards recognizing the successful launch of SPE Live during the COVID-19 pandemic.
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The companies plan to capture CO2 from Linde's hydrogen liquefication plant in the Houston area and inject it into multiple storage sites. -
In a new TEDx Talk, Scott Tinker, director of the Bureau of Economic Geology, explains the energy-environment challenge facing a world in transition.
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Sempra Infrastructure and Poland’s state-owned PGNiG oil and gas company have signed a deal that is expected to result in the export of 3 mtpa of LNG to Poland from Louisiana and Texas.
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With aggressive net-zero goals hanging overhead, countries are looking to fast-track low-carbon energy projects, and many are including nuclear in the mix. -
Drilling automation champions met to identify where this emerging technology needs to be by the end of the decade. What they ended up agreeing on most was that the business models used today are largely incompatible with the technology of the future. -
Managed-pressure drilling has been associated as a technology used only on problematic wells and only as a last resort. However, when integrated at the beginning of operations as part of a comprehensive well plan, it becomes a performance-enhancing solution for any type of well classification, including development, directional, multilaterals, and horizontals. -
Capitalizing on technology that originated with NASA delivers savings on directional drilling operations.
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Liberty will be integrating Seismos’ measurements-while-fracturing system into its completions service to analyze near-wellbore fracture networks and create a near-field connectivity index.
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This paper presents an optimization project that was implemented in the Khazzan and Ghazeer fields of Oman to optimize the post-fracturing cleanup and testing period to reduce hydrocarbon flaring and CO2 emissions as well as the testing cost without compromising the overall well cleanup and testing objectives.
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A team of engineers did something no one had done before: a full-scale fracturing test on the surface. The results surprised the fracturing experts involved.
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President's Column
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Employment is not a direct function of oil prices, but of upstream and midstream investment and activity. Fluctuations in SPE membership generally lag the activity increase or decrease by 1–2 years. It is expected that the current upcycle of activity will contribute to a rebound in membership, especially among the young professionals.
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SponsoredGain deeper insights on your system and its performance. Use integrated modeling to explore the effects of changing conditions and equipment to avoid unplanned downtime. -
SponsoredHow is the evolution of cloud technology advancing data management in the upstream industry? How can a Software-as-a-Service (SaaS) approach empower operators to extract more value from their data? Read about the latest developments in a new white paper. -
SponsoredFrac operators are continuously challenged by pressures to increase ROI and simultaneously decrease emissions. But is it really possible? New technology released in February from Catalyst Energy Services proves that it is possible. And the results are compelling. -
SponsoredImprove modeling accuracy and reduce the risk of unplanned downtime. Complete more accurate comprehensive pressure safety studies faster by eliminating the need for multiple applications.
Technology Focus
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ExxonMobil has won an independent certification level for managing methane emissions in its New Mexico shale operations and is the first company to meet the standard for associated gas.
Senior Vice President Starlee Sykes told an audience at the Offshore Technology Conference that low-carbon barrels from the company's domestic offshore portfolio will help fund its transition plans.
Producers in the biggest US oil basin have signaled that they intend to seize on $100/bbl oil prices.
As the announcement of carbon sequestration projects becomes the norm, it’s time we look at what we know from a technical angle about how these projects need to be run based on the industry’s experience with enhanced oil recovery.
Schlumberger, Baker Hughes warn of an uncertain future for their work in Russia while Halliburton prepares for a full wind down. In turn, all look to North America for revenue growth.
The electric vehicle industry is creating a “dot-com” boom around the energy transition, spinning off a multitude of startups as it creates its own supply chain of new technologies in battery manufacturing.
ExxonMobil has declared force majeure on its Sakhalin-1 operations in the Russian Far East as risk-averse shippers fearing sanctions refuse to transport Sakhalin crude and production starts to fall.
I was arrogant and selfish to dismiss an entire collegial branch of science. After so many years learning and living within the petroleum industry, I decided I should give climatology a fairer hearing.
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Seven years, and we’re on track to exceed the 1.5°C target established by the Paris Agreement in 2015 to limit global warming by 2030. Instead, we may be turning up the heat to 3.0°C. And in this case, doubling the wager does not hold potential for greater rewards. A recent report addressed the costs of technologies for emissions mitigation and their likelihood of mak…
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Gas flaring, which accounts for 30% of carbon emissions from fossil-fuel operations, dropped globally to a 10-year low in 2021, but questions remain whether 2022 will see a rebound as the industry reboots in a post-COVID-19 world with oil and gas supplies tightening.
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ExxonMobil has initiated front-end engineering design studies to determine the feasibility of developing a South East Australia carbon capture and storage hub in the Bass Strait, where some of Australia’s oldest offshore oil and gas fields are to be decommissioned.
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