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“To collect, exchange, and disseminate technical knowledge” are not only the first seven words of SPE’s mission, but also what our society has excelled at over its storied history.

US crude oil production will reach a record level of 12.29 million B/D in 2019, increasing faster than expected both this year and in 2020, according to the latest US Energy Information Administration (EIA) forecast. Output will rise to 13.29 million B/D next year.

ConocoPhillips’ one-of-a-kind test site in the Eagle Ford studied core, image logs, proppant tracer, distributed temperature sensing, distributed acoustic sensing, and pressure, which shows that not all hydraulic fractures are created equal.

Rather than waiting for a dominant player to emerge, the oil and gas industry is at a point in its journey with blockchain where it makes sense to actively start working toward common architectures and standards in the blockchain domain.

A proving ground for the use of digital twins has emerged in the North Sea. There, operators Total, Aker BP, and Shell have each developed and deployed twins that they expect to pay big dividends.

For the past 20 years, the diagnostic fracture injection test has been used across the frontlines of the shale revolution to paint a picture of what cannot be seen. However, that picture has not always been so clear in the eyes of subsurface engineers.

Current efforts demonstrate that industry is undertaking responsible scientific, social, and environmental management.

The industry is becoming increasingly complex, leading to changes in how universities approach education for undergraduate study.

The complete paper describes the potential global scientific value of video and other data collected by ROVs.

This paper presents a methodology that provides the upstream industry with a robust approach to petroleum inventory management.