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History matching is only one part of something more comprehensive—reservoir modeling.

In this paper, the authors derive and implement an interwell numerical simulation model (INSIM) that can be used as a calculation tool to approximate the performance of a reservoir under waterflooding.

The amount of data within industry continues to grow. Information management is a significant challenge, but it provides an opportunity for improved project performance.

Bernard Looney has been promoted to chief executive for BP. Looney has been chief operating officer (COO) of production in the upstream segment since 2013. He joined BP in 1991 as a drilling engineer, holding positions in the UK North Sea, Vietnam, and the US Gulf of Mexico before moving to executive roles within the company.

BP promoted Lamar McKay to deputy group chief executive. McKay’s responsibilities will include strategy and long-term planning, safety and operational risk management, technology, and corporate governance. He had previously served as the company’s upstream chief executive since 2013 and has been on its executive team since 2008, a year before his appointment as chairm…

In maturing oil wells, oil production is often restricted as reservoir pressure depletes. Two case studies highlight the application of two-screw multiphase pump systems in to extend well life.

In March 2016, the SPE Board of Directors created a separate technical discipline for Completions.

Samir Brikho stepped down from his position as chief executive officer (CEO) at Amec Foster Wheeler. Brikho had been Amec’s CEO since 2006, overseeing the company’s USD 3 billion acquisition of Foster Wheeler in 2014. Prior to joining Amec, he served as chief executive at ABB Lummus Global, head of the power systems division at the ABB Group, and was a member of the S…

Many of the platforms in the North Sea are late in life, operating long past their initial design expectations due to costly life-extension work. Decommissioning has moved slowly, but the low price environment is likely to accelerate the trend.

Why do we as an industry do so poorly in executing large capital projects? Oil and gas is not alone. The many reasons for failure of megaprojects fall into five broad categories.