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As oil companies struggle with the collapse in crude prices and industry upheaval, assessing the future of exploration and production (E&P) in specific countries requires a longer term vision of a market in which prices will have stabilized and rebounded to a level yet undetermined.

Decision making in uncertain environments is key to the successful delivery of oil and gas projects. By definition, however, uncertainty is ambiguous and unpredictable.

To survive in the current low-price environment, exploration and production (E&P) companies must better handle the complexities inherent in their projects through practices that promote capital effectiveness and collaboration.

Electrical submersible pump (ESP) systems are critical to achieving the maximum production rates and reservoir pressure drawdown that improve ultimate recovery. But variable volumes of gas in unconventional wells can pose challenges for performance of the ESP.

This work demonstrates cement design that includes evaluating cement-sheath mechanical integrity in intercalated salts.

A great benefit of being the SPE president is the chance to interact with students and young professionals around the world. Many are anxious about the future. I have been asked if this is the worst time ever in the oil business, a question that made me smile.

Rising demand for flowback technologies to reduce uncertainties is leading to the creation of more hydrocarbon and water tracers. These chemical-based tracers may play an important role in the shale industry’s effort to come up with more cost-effective fracture designs.

With the easy conventional oil in Argentina having been produced, one remaining way to find new oil in existing fields is to convert fields from primary or secondary production to secondary or tertiary production, respectively.

A new proppant exhibits a neutrally wet surface, which does not have a preferential affinity for oil, gas, or water and therefore will not promote the preferential entrapment of any phase within the proppant pack.

Hydraulic fracturing exerts transient geomechanical forces near the wellbore, enabling a brief time interval in which a second hydraulic fracture can be created in a different direction.