JPT December 2023 Issue
On the Cover
On the cover: On the cover: Apache saw a 10% year‑over-year reduction in drilling costs using its AI-based drilling advisory system for 1,700 wells across a wide spectrum of geologies. Source: Grand River and Klerik 78: istock/Getty Images.
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Monthly Features
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More Students Going Into Petroleum Engineering Programs as Research Work Tilts to Alternative EnergyMore freshmen are enrolling in petroleum engineering, drawn by strong demand for graduates.
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A survey of SPE members associated with a university, or their job/role to be faculty, collected information about the effect of the energy transition on recruiting students, strategic directions in academic programs, and maintaining a relevant curriculum for future careers.
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Few oil and gas companies give data science projects the better part of a decade to prove out, but that’s just what this one did.
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One is on Earth, and one is not. But the knowledge transfer between the oil patch and off-world has fueled meaningful technological advances for all involved.
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Players are making big bets in the thriving yet fragile global LNG market with record global trade expected to grow another 25% in the next 5 years.
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Data and AI will change our industry for the better. At the root of this change will be the empowerment of engineers to make better decisions.
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Updates about global exploration and production activities and developments.
President's Column
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In this episode and transcript, Terry Palisch is joined by Simeon Eburi, an SPE Regional Director of North America, to discuss connecting members to technology and each other, and the importance of local sections. This transcript is an excerpt from the podcast episode.
Comments
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A case study presented at ATCE took medical science to a new low—into the depths of the Permian Basin for application to downhole reservoir drainage diagnostics.
SPE News
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Every year, SPE recognizes members who have made an exceptional effort to ensure the technical excellence of the Society’s peer-reviewed journals. For their contributions, the following individuals are recipients of the 2023 Outstanding Technical Reviewer Service Award.
SPE News
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SPE is recognizing high-performing Associate Editors who have distinguished themselves in terms of ability to manage a paper’s timeliness and their overall responsiveness and quality of reviewer feedback. For their contributions, these individuals are awarded the SPE Outstanding Associate Editor Service Award.
SPE Technical Papers Download
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SPE technical papers synopsized in each monthly issue of JPT are available for download for SPE members for 2 months. These November and December papers are available now.
Reserves Management
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This year’s Reserves Management papers are chosen to revisit some basics around both reserves delineation and asset management.
Production and Facilities
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It seems that it has been a very productive period for production and facilities. I reviewed a significant number of abstracts on such an interesting variety of topics—new technology developments down- and midstream, improvements in corrosion detection and prediction, new systems for emulsion monitoring, and even downhole drones.
Bits and Bottomhole Assemblies
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As bottomhole-assembly and drill-bit design and operation have embraced new technologies such as artificial intelligence, new materials and manufacturing techniques, and improved design software, the industry continues to research methods of optimizing delivery and understanding of already globally used technologies.
Water Management
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Industrialization typically carries the blame for causing the water crisis across the continents, but it also creates and shepherds the innovation and introduction of a plethora of technologies and tools that enable intelligent use of water, intuitive approaches to conserve it, and implementable practices that preserve the watershed and prolong the life of aquifers.
SPE Members: Access the free technical papers synopsized above through 31 January 2024. A PDF of the issue is also available for download.