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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.
Vår Energi ASA and partners have officially sanctioned the Previously Produced Fields Project in the Greater Ekofisk Area. The redevelopment is expected to add high-value barrels starting in 2028, extending the production life of one of Norway’s key offshore regions.
The Federal Reserve Bank of Dallas’ fourth-quarter energy survey shows that oil prices and geopolitical uncertainty are curbing enthusiasm heading into the new year.
The transition follows a broader effort within BP to reorganize management and direct more capital to oil and gas projects.
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This article is the first in a Q&A series from the SPE Methane Emissions Management Technical Section (MEMTS) on methane intelligence and how oil and gas teams translate emissions data into credible decisions and measurable reductions. -
Fugro’s entry into the UK’s small modular reactor market follows its breakthrough in the US, where it secured a contract in February to perform a geoscience site investigation for the recommissioned Palisades Nuclear Power Plant in Michigan. -
As COP30 wrapped up in Brazil, the country finds itself at an inflection point, positioned to deliver South America’s first CO₂ injection by mid-2026. -
As the year winds down, we’re filled with gratitude for your incredible support and involvement.
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Voices From the Industry
The capability of modern wellbore surveying to increase asset value through improved subsurface modeling and completion-equipment placement is being overlooked by managers of operating companies.
Your willingness to contribute ideas and field experience helped strengthen a global community committed to advancing safe and responsible energy development.
Growing energy transition investment highlights oil and gas technologies as key enablers.
With inventories swelling and China’s stockpiling nearing its limit, global oil prices may be running out of room to hide.
With artificial intelligence and online training both on the rise, it's crucial to ensure workers and companies treat safety as more than a box-checking exercise.
Three SPE specialty publications are being retired, yet coverage of their respective topics will live on in JPT. The change gives members a single platform for upstream knowledge while streamlining SPE’s publishing operations.
![JPT_2025-09_GuestEd1_SS_382853197[4].jpg](https://assets.spe.org/dims4/default/4883523/2147483647/strip/true/crop/850x475+0+46/resize/295x165!/quality/90/?url=http%3A%2F%2Fspe-brightspot.s3.us-east-2.amazonaws.com%2F8a%2F95%2Fe4e82cb54fd597d497a5b1267f8a%2Fjpt-2025-09-guested1-ss-3828531974.jpg)
Intelligent completions could improve many of the world’s oil and gas wells, but not all are suited to the technology. There is another option.
SPE members who are in Houston next month can join thousands of peers with a complimentary exhibition pass to ATCE 2025.
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.
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Data and impartial viewpoints can help de-risk exploration portfolios and keep resource estimates in check. -
Alaskan oil is entering a renaissance driven by a predicted 13% upswing in 2026 production, the largest since the 1980s, and a possible reboot of LNG exports to Asia from the Kenai Peninsula, supplied via pipeline from the North Slope. -
A new tubing-conveyed tool combines wellbore cleanout with multi-tracer deployment for production diagnostics and reservoir monitoring. -
Technology developers expect the tight-oil industry to give lightweight proppants another look after the Permian Basin’s biggest operator becomes an adopter.
President's Column
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Ever wonder how someone ends up on the SPE Board of Directors—or whether the path is reserved for a select few? In this article, I pull back the curtain on how the Board actually works, what it takes to get involved, and the key outcomes from our most recent meeting at ATCE in Houston. A little transparency can go a long way for understanding and insight.
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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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. -
SponsoredSince 1997, intelligent completions have transformed reservoir management, but adoption remains limited due to perceived complexity. The industry reached a pivotal moment with the development of next-generation technologies that address longstanding challenges and offer simpler operation solutions.
Technology Focus
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Westwood Energy analysts suggest operators have an opportunity to secure rigs at lower rates for their 2027 drilling programs.
The $100-billion project is widely considered the largest unconventional development outside of the US and is noted by Aramco as the largest nonassociated gas development in the kingdom.
Sustainability in reservoir management emerges not from standalone initiatives but from integrated, data-driven workflows, where shared models, closed-loop processes, and AI-enabled insights reduce fragmentation and make sustainable performance a natural outcome.
By resuming work on the Rovuma LNG project, ExxonMobil tees up a final investment decision expected in 2026 as East Africa’s LNG hub begins to take shape with three separate projects now in construction.
The Texas-based geothermal company said it set a new temperature record and achieved strong drilling performance in its first enhanced geothermal pilot.
First oil is expected from Phase 1 of the project in 2028, with up to four more phases planned.
The decision keeps the effective tax rate on upstream projects at 78%, prompting new warnings that investments will continue to dwindle in the UK Continental Shelf.
Preliminary estimates indicated recoverables of between 30 million and 110 million BOE at the discoveries, which Equinor called its largest of the year.
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GeoMap Europe is the latest in a series of interactive global geothermal maps that combine large subsurface and surface data sets to highlight where geothermal resources and development opportunities are strongest for power, heat, cooling, and storage. -
The North Sea Transition Authority’s survey highlights shifting innovation and deployment priorities across 46 operators, offering a basinwide snapshot of technologies driving efficiency gains, strengthening asset integrity, and accelerating progress toward net-zero performance in the UK North Sea.
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Adaptability, collaboration, and digital technologies are all pages in Aramco’s oilfield R&D playbook.
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