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The realization that we should not look at any individual aspect of how to estimate unconventional reserves and resources properly without considering its place in the project life cycle reflects a maturity within the industry.

The drive for financial performance demands a change in leadership skills at all management levels and a new perspective on change. Managers abandon a traditional control orientation for one of involvement by becoming facilitators who delegte, maintain open doors, and lead by example.

The oil and gas industry has an amazing opportunity at present; the demand for energy around the globe is increasing and our industry has answered the call in the form of unconventional oil and gas production.

Well plugging and abandoning on a limited budget is a lofty goal that forces the industry to consider new ways and new materials. Cost-effectively dealing with this global problem will require developing tools to carry out the decommissioning without bringing in a drilling rig.

Do shale oil and gas drilling present a real threat to drinking water supplies? This is likely the single greatest concern in the minds of those opposed to the exploitation of this resource. Can oil and gas wells leak fluids into the Earth? Yes. Can it be prevented? Yes, again.

More than 7,500 oil and gas professionals and 350 exhibitors gathered for the 2014 SPE Annual Technical Conference and Exhibition on 27–29 October in Amsterdam, the second time the conference has been held outside the United States.

The message of learn, strategize, persevere, and optimize highlights the SPE Liquids-Rich Basins Conference held in Fort Worth, Texas. The presentations on US basins may yield insight into tackling onshore unconventional plays in other parts of the world.

In this paper, the effect of timing and pattern of well placement on NPV is studied. Three scenarios were evaluated.

This paper describes a case study in which four reservoir models were coupled with a production-network model, with the objectives of maximizing recovery factors, identifying operational problems, and evaluating water-production effects.

The implementation of the PRMS has contributed significantly to the understanding of the hydrocarbon-maturation process in the Netherlands.