Testing page for app

Richardson, Texas (27 February 2017)—With a long tradition as the Society of Petroleum Engineers’ (SPE) foremost event in the region, the Latin America and Caribbean Petroleum Engineering Conference (LACPEC) returns to Buenos Aires, Argentina from 17-19 May 2017 at the Sheraton Hotel and Convention Center.

Renewable energy is often framed as being at odds with the oil and gas industry, but new price developments in the wind and solar sectors may be changing this paradigm, according to one US energy expert.

The 1996 book, Lean Thinking, introduced lean to mainstream business. Since then, lean has propelled operational excellence in construction, software development, healthcare, financial services, state government, and more.

Asphaltenes represent the heaviest fraction of crude oil, which are known to precipitate when the crude is added to aliphatic solvents such as n-pentane or n-heptane and yet remain soluble in light aromatic solvents such as benzene or toluene.

The 2-year downturn in oil prices has been a challenge for operators and service companies alike, but operators appear to have turned a corner, going by the most recent fourth-quarter earnings.

SPE President Janeen Judah writes, "When the upturn occurs—and it will happen—are we ready to move forward with a next-generation workforce?"

The current oil and gas commodity prices have posed several challenges to oil and gas companies operating in shale plays trying to generate revenue or even becoming cash neutral.

Early testing suggests that grains of proppant so small they need to be measured in microns can add production by slowing the notoriously rapid declines in unconventional wells.

Industry trends in production monitoring and surveillance continue to demonstrate significant input from the academic and research fields, practical applications, and new-technology introduction. Market conditions similar to those of the previous year are driving some of the same discussions.

With newly discovered fields and the extension of existing areas, the challenges related to reservoir heterogeneity, tight rock, layered systems, and field maturity have led to innovative ideas and to testing and application of technologies.