Latest News

The $8-billion pipeline project has been held up for years, but amid a historic price crash, the Canadian government is stepping in with funding to support exports.

The drop in gas prices, although greater than forecast, will not be to the same extent as oil prices.

Networking is core to SPE activities, whether through an event, a local section meeting, service on a committee, or other activity. The rapid spread of the COVID-19 virus globally is having far-reaching effects across SPE activities.

For the upstream industry, where improvement in efficiency or production can drive significant financial results, there is no question that the size of the digital prize is huge. So are the challenges.

When engineers went searching for clues on how fractures move beneath the surface, they expected to uncover important learnings. They did not know they were on the path to a new invention.

Proper lateral and vertical well spacing is critical for efficient development of unconventional reservoirs. Much research has focused on lateral well spacing but little on vertical spacing, which is challenging for stacked-bench plays such as the Permian Basin.

The industry increasingly relies on forecasts from reservoir models for reservoir management and decision making. However, because forecasts from reservoir models carry large uncertainties, calibrating them as soon as data come in is crucial.

The results of the authors’ research showed promising benefits from the use of a systematic procedure of model diagnostics, model improvement, and model-error quantification during data assimilations.

The complete paper explores the use of multilevel derivative-free optimization for history matching, with model properties described using principal component analysis (PCA) -based parameterization techniques.

In this paper, the authors introduce a new technology installed permanently on the well completion and addressed to real-time reservoir fluid mapping through time-lapse electromagnetic tomography during production or injection.

The company's North American business will accelerate a restructuring that includes job cuts and furloughs over the next couple of months.

Most states are involved in the actual day-to-day work of enforcing environmental permitting programs based on federal rules and policies. While some states plan to defer to the EPA’s latest guidance, others indicated they will not.