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Using a new model, the federal agency said deepwater operations will drive the region's production to 1.9 million B/D next year.
Chevron’s CEO Mike Wirth urges more optimistic and balanced conversations regarding the energy transition.
The SPE 2024 Annual Report is now live, highlighting SPE’s journey to creating our energy future. Milestones include an overall 7% increase in membership. Notably, student membership has also grown, marking the first increase in this category since 2015.
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The updated plan seeks to avert termination of the PSA by raising total investment and constructing a floating production unit at Aphrodite plus an export pipeline to Egypt. -
Awards related to the 2024 APA round are expected to be announced in early 2025.
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By repurposing Italy’s depleted Porto Corsini Mare Ovest offshore gas field for CO2 storage, Eni and Italian grid operator Snam have positioned the Ravenna CCS project to play a major role in the EU’s development of more than 50 mpta of CO2 storage capacity by 2030.
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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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Each year during its Annual Technical Conference and Exhibition (ATCE), SPE honors members whose outstanding contributions to SPE and the petroleum industry merit special distinction. Recipients will be recognized at the Annual Awards Banquet on Tuesday, 24 September. -
One hydraulic fracturing job can stimulate two wells, but economic success hinges on doing it in the right place for the right price. -
The energy industry faces a shortage of skilled professionals, and high salaries aren’t enough to attract new talent. We need to show how careers in this field offer meaning and stability, with transferable skills across energy sectors. -
Fervo Energy proved fracturing can harvest geothermal energy and is now rapidly learning to build a utility-scale power plant.
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President's Column
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In this inaugural episode of his vodcast and column, 2025 SPE President Olivier Houzé shares his insights on the challenges facing our Society and its members, as well as his vision for his presidency.
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SponsoredIncomplete combustion results in harmful emissions like methane and carbon monoxide. Qube Technologies uses continuous-monitoring sensors to detect and address these issues in real time, reducing methane emissions by 61%. -
SponsoredDiscover how TAQA’s sustainable products are transforming cementing operations, reducing environmental impact, and enhancing performance. -
SponsoredDive into TAQA’s digitalization and deep learning initiatives that are shaping the company's new approach to its Journey Management System. This innovative concept minimizes transportation-related risks in a period of rapid operations expansion. -
SponsoredTAQA bears the burden of reducing carbon emissions from the fossil fuel energy cycle and pays its undivided attention to decarbonizing its operations. In this article, it sheds light on its initiatives and approach to decarbonizing the oil and gas exploration and production industry.
Technology Focus
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The industry is balancing brains and bots as it squeezes out barrels of oil production.
Investment in the Kingfisher and Tilenga upstream projects together with the East African Crude Oil Pipeline and a new refinery represents a $20-billion economic lift to the country.
Industry professionals can use the 20/60/20 approach to recruit those most likely to be won over to oil and gas.
Collaboration agreement lays foundation for advancing tech and know-how for harsh environment operations.
Rig counts are down since 2023, but well productivity is marching forward.
Cost concerns temper public appetite for clean energy while companies struggle to find investors for projects.
The field represents the offshore industry's proving ground for "20K-rated" technologies needed to unlock other high-pressure reservoirs.
You’ve heard of generative artificial intelligence, and odds are you’ve used it. But do you know how it works?
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A Houston-based geothermal startup just got "liked" by the parent company of Facebook.
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A proprietary direct lithium extraction technology proposes using electrodialysis to produce lithium, green hydrogen, and fresh water from geothermal brines while repurposing oil and gas infrastructure. Meanwhile, new research reveals that deepsea polymetallic nodules generate oxygen through electrochemical processes at depths of up to 13,000 ft and may also hold valu…
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Houston-based enhanced geothermal systems pioneer uses fracturing and other oil and gas technologies to stabilize power grids with zero-carbon renewable energy that doesn’t depend on the weather.
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