Monthly Features

The formula for value in a shale play used to be simple, lease acreage in the best quality rock based on Tiers cover large areas. That standard is fading as it has become obvious that the rock is highly variable and the drilling and completion designs are just as important.

Integrating sustainability in the core business is not a quick fix but a complex journey that touches all parts of the business and requires new ways of alignment and cooperation. Safety has gone through similar challenges, and we can learn a lot from that journey.

A new report says that production growth in the world’s most prolific unconventional basin is on the verge of stalling out.

Offshore wind makes up less than 1% of the current energy mix, but analysts have it pegged as a potential trillion-dollar business in the near future. That growth presents an opportunity for operators to reduce costs and their carbon footprint through the electrification of their offshore platforms.

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.

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

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.

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.

Rapid scale-up of carbon capture, use, and storage is essential for meeting climate and emissions targets while not crippling economic growth. Yet, its potential remains largely untapped because of reasons that include growing pains of immature technologies and uncertainty around public policy.

Total compensation for SPE members this year has risen to its highest level since 2016, as the oil and gas industry continues to recover from the steep oil price downturn that began mid-decade.