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Company cites COVID-19-driven decline in fuel demand in move following announcement of Australian layoff plan as latest cost-cutting measure.

Winning innovators focused on environment, safety, and operational efficiency.

Tom Blasingame will take office as 2021 SPE President during the SPE Annual Technical Conference and Exhibition to take place in October. He shares his views of the key challenges facing SPE and the industry and what his goals will be during his presidency.

Unlike shale, deepwater plays—which are highly front-loaded investments with long project cycles—will be least affected by the current round of severe investment reductions. Large offshore plays in safer regions have become essential elements of the core business of large oil and gas players.

Unconventional producers around the world have been hamstrung by expensive and cumbersome options when it comes to obtaining reservoir data. Among the latest ways to break past these barriers is a new method developed by Canadian researchers and field tested in Australia’s unconventional frontier.

The source of gummy, damaging polymer gunk that has flowed from Oklahoma oil wells is becoming clear, and one of the lessons learned is that shale plays require petroleum engineers to learn more about chemistry.

Advanced machine-learning methods combined with aspects of game theory are helping operators understand the drivers of water production and improve forecasting and economics in unconventional basins.

The SPE International Awards honor members whose outstanding contributions to SPE and the petroleum industry merit special distinction. Recipients of the 2020 International Awards will be recognized during the Annual Technical Conference and Exhibition.

The SPE International Awards honor members whose outstanding contributions to SPE and the petroleum industry merit special distinction. Recipients of the 2020 International Awards will be recognized during the Annual Technical Conference and Exhibition.

Brazil’s national oil company details the results of 6 years of real-time drilling monitoring. The next step is to move toward optimization, then automation.

Petrobras has cut in half the time and cost of drilling some wells using its patented True One Trip Ultra Slender (TOTUS) concept. The technique can be used in certain mature fields of the postsalt where geological and reservoir characteristics favor its application.

Discussed are real-world examples of the less often considered but valuable environmental benefits delivered via MPD.