Testing page for app

Lamprell completed construction of the jackup rig Jindal Star for Jindal Pipes to be used offshore India. The Jindal Star, weighing 10,500 metric tons, is a LeTourneau Super 116E rig with a self-elevating 477-ft leg design.

Compania Espanola de Petroleos entered into a definitive merger agreement to acquire Coastal Energy for an aggregate value of approximately USD 2.2 billion. The transaction is expected to close in the first quarter of 2014.

Jeff Spath, 2014 SPE president, recently met with Karen Agustiawan, president, director, and chief executive officer of PT Pertamina, during the SPE/IATMI 2013 Asia Pacific Oil & Gas Conference and Exhibition (APOGCE), held in October in Jakarta, Indonesia. The conference was a collaboration between SPE and the Society of Indonesian Petroleum Engineers (IATMI). Pertam…

SPE donated USD 5,000 to the Philippines Red Cross to support relief efforts for the victims of typhoon Haiyan, one of the most powerful storms on record. The storm hit the central Philippine islands on 8 November 2013, leaving a wide swath of destruction. Thousands were killed and millions displaced.

MICHAEL J. ECONOMIDES, SPE, died 1 December 2013. He was 64. At the time of his death he worked in several capacities, including professor at the Cullen College of Engineering, University of Houston; worldwide petroleum consultant; and editor-in-chief of two energy-related publications.

STEPHEN I. CHAZEN, SPE, Occidental Petroleum Corporation’s president and chief executive officer (CEO), was elected chairman of the American Petroleum Institute’s board of directors. This elected 1-year position was effective 1 January 2014. He has more than 40 years’ industry experience. Chazen joined Occidental Petroleum in 1994 as executive vice president–corporate…

For this column, I have elected to do a book review on Risk Society by Ulrich Beck in which he argued that we are in the midst of a major cultural change in Western society.

Members of SPE continue to share valuable and useful information through the more than 90 papers on reserves and asset management presented at various meetings, symposiums, and workshops this past year.

The Guidelines for Application of the Petroleum Resources Management System (AG) document was issued in November 2011.

Reserves- and resources-evaluation methods in unconventional reservoirs are different from those for conventional reservoirs.