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All the top stories, trends, and tech.
JPT Unconventional Insights (Monthly).
Fresh takes on shale and tight oil.
BP said it expects to keep the Azeri-Chirag-Gunashli (ACG) project in production into the 2040s by tapping into separate nonassociated gas reservoirs.
Still flowing nearly 40 years after startup, Gullfaks recently delivered its 5,000th cargo of sweet, low-sulfur crude to Sweden, underscoring how Equinor’s aging shelf assets continue to support Europe’s energy supply.
Utah, Colorado, Arizona, and New Mexico have formed the Mountain West Geothermal Consortium to turn geothermal energy into gigawatts of baseload power.
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Xu outlines the thinking and theories that led his team to six world-class oil discoveries that total more than 100 million tons of proven geological reserves since 2021. -
The deal adds physics-based reservoir modeling and real-time decision workflows to SLB’s digital portfolio. -
Weatherford CEO Girish K. Saligram said the acquisition will bolster Weatherford’s completions offerings and unconventional reservoir capabilities. -
Since the US arrested and removed Venezuelan President Nicolás Maduro on 3 January 2026, all eyes have turned toward the country’s vast oil reserves, the largest of any country. From 2005 to 2024, oil production in Venezuela fell by 70%, from 3.1 million B/D to just 0.9 million B/D. The race is on to bring production back, but aging infrastructure and expatriation pre…
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Voices From the Industry
New technical papers suggest advanced robotic systems may not be far away from broad adoption for a large share of offshore inspection and intervention.
Hydraulic fracturing holds great potential in the region, but there are several key questions worth asking as efforts move forward.
In partnership with OTC 2026, Rystad Energy has shared its latest outlook for the offshore sector and the role it is expected to play in supplying low-cost barrels through 2050.
The chair of the SPE Georgetown Section outlines how balanced, apolitical dialogue can support development amid rapid energy expansion.
Data centers could add up to 6 Bcf/D of US gas demand by 2030, creating a new opportunity for producers and reshaping how oil companies think about electricity supply.
The tools to reduce flaring are well within reach, but the results will depend on a long-term commitment by operators and governments.
Reaching further than dashboards and data lakes, the agentic oil field envisions artificial intelligence systems that reason, act, and optimize.
This guest editorial explores the rise of agentic AI and its potential effect on oil and gas professionals.
Ongoing seismicity concerns and orphan well risks are pushing operators and regulators to explore alternatives for managing produced water.
Only about one-third of Africa’s discovered hydrocarbon resources have reached commercialization.
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This case study from Erdos Miller outlines the use of magnetic short-hop technologies to complement the use of mud pulsers to transmit telemetry to surface. -
Drilling experts recently shared candid views on what will be required for their segment of the upstream business to move to the next stage of development. -
EQT is benchmarking its way to basin-leading productivity and relying on partnerships and new technology to turn KPIs into operational reality. -
This case study from Italian technology developer Sentris highlights the effectiveness of using sensors during pigging operations to optimize cleaning efficiency.
President's Column
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An update on SPE’s path to financial sustainability: stronger revenues, new partnerships, and emerging opportunities—from geothermal initiatives to AI-driven licensing—are improving the outlook. While challenges remain, recent progress highlights a more resilient Society and a forward-looking strategy focused on long-term member value.
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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SponsoredUnwanted water production can erode well performance and asset economics if left unmanaged. Interwell’s precision water shutoff approach, grounded in diagnostics and engineered isolation, helps operators identify water-entry points, protect hydrocarbon flow, and restore sustainable well performance in mature and complex wells. -
SponsoredAs HPHT wells push equipment to the edge of material limits, operators are turning to advanced thermoplastics and sealed electrical assemblies to maintain system integrity. From ESP insulation to BOP control systems, the right component design can prevent failures, lower intervention costs, and extend equipment life in the harshest offshore environments. -
SponsoredIn oil and gas operations, every decision counts. For more than 2 decades, SiteCom has been the trusted digital backbone for well operations worldwide, driving insight, collaboration, and efficiency. -
SponsoredAdvance your career with the new Pipeline Engineering Program at the Technical University of Leoben, a 5-month course combining on-campus and online learning, integrating industry expertise, engineering practice, and future-ready skills for professionals in oil, gas, and emerging energy systems.
Technology Focus
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A discussion at the inaugural executive breakfast convened by the SPE Data Science and Engineering Analytics Technical Section, held alongside CERAWeek by S&P Global and powered by Black & Veatch, tackled the challenge of value creation from artificial intelligence in the energy industry.
Experts and industry leaders gathered in The Woodlands, Texas, recently to sift through the challenges of carbon capture, utilization, and storage. The puzzle is coming together, but some critical pieces are still needed before the results look like the picture on the box.
Haustveit was confirmed by the US Senate on 18 May.
A Chinese operator in the Sichuan Basin used high‑frequency pressure monitoring to evaluate frac performance in unconventional wells.
Cella’s approach borrows established EOR practices to mineralize pure‑phase CO2 in basalt rocks while reducing water requirements.
JPT is recruiting reviewers to help select high‑impact SPE conference papers for publication. If you have technical expertise and a passion for sharing knowledge, this leadership role could be for you.
Acting director of the new center Ale Hakala outlines the research priorities guiding the newly established center’s focus on production enhancement technologies.
The Houston-based enhanced geothermal developer scored $1.9 billion in an initial public offering, positioning it to expand projects in Utah and Nevada.
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Working with Dell Technologies and NVIDIA, the French supermajor is targeting improved seismic processing and artificial intelligence applications. -
The US Department of Energy and Pennsylvania Department of Environmental Protection will convert a horizontal Utica Shale gas well into an enhanced geothermal system. Building directly on horizontal drilling and completion practices developed in the Utica, the project will include evaluation of optimal well orientation, lateral placement, and spacing.
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The Offshore Technology Conference will honor the winners of the 2026 Spotlight on New Technology Award on Monday, 4 May, at NRG Center in Houston. Seventeen groundbreaking innovations, from AI-powered geotechnics and autonomous well construction to next-generation subsea systems and drilling intelligence, demonstrate how bold ideas are translating into real-world gai…
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