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LNG
Process Reduces Carbon Emissions From Natural Gas Compression and Production
This paper describes a chemical-free process with a small footprint designed to capture exhaust from natural gas drive compressors and supporting gas-fueled production equipment.
Business/economics
BP, ADNOC Hit Pause on NewMed Acquisition
Consortium suspends planned purchase of 50% stake in Israeli gas producer in light of ongoing military conflict in the region.
Geothermal energy
Companies Team Up To Boost Geothermal Opportunities in Indonesia
Ignis H2 Energy and Imeco Inter Sarana announced a strategic partnership to expedite geothermal development in Indonesia.
SPE Technical Papers Available for Download — March-April 2024
SPE technical papers synopsized in each monthly issue of JPT are available for download for SPE members for 2 months. These March and April papers are available now.
Business/economics
CERAWeek: Oil Bosses Get Real on Energy Transition
ExxonMobil and Aramco CEOs talk molecules, electrons, and the need to "abandon the fantasy of phasing out oil and gas" at the "Super Bowl of Energy" in Houston.
Business/economics
EIA Sees Lower Gas Production, Higher Gas Demand in 2024
The agency’s short-term outlook forecasts modest declines in production for the rest of this year.
R&D/innovation
OTC Recognizes 2024 Spotlight on New Technology Award Winners
A total of 15 companies, including five small businesses, were recognized this year for their demonstrated advancements in the industry.
SPE News
How Members Can Help Improve the Industry’s Public Image
SPE President Terry Palisch is joined by Paige McCown, SPE senior manager of communication and energy education, to discuss how members can improve the industry’s public image.
Drilling
Proof of Concept in a Full-Scale Field Test for the Novel Micro-Turbine Drilling Technology From a Cased Borehole in Granite Rock
Derived from the principles of radial jet drilling, a new technology called micro-turbine drilling is developed to allow for drilling of micro-sidetracks from cased boreholes in very hard reservoir rock.
Unconventional/complex reservoirs
Hybrid Approach Proves Effective in Multiwell Forecasting in Unconventionals
The authors of this paper propose a hybrid approach that combines physics with data-driven approaches for efficient and accurate forecasting of the performance of unconventional wells under codevelopment.
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