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Annual report says that governments have the greatest capacity and responsibility to shape the energy future.

“To collect, exchange, and disseminate technical knowledge” are not only the first seven words of SPE’s mission, but also what our society has excelled at over its storied history.

US crude oil production will reach a record level of 12.29 million B/D in 2019, increasing faster than expected both this year and in 2020, according to the latest US Energy Information Administration (EIA) forecast. Output will rise to 13.29 million B/D next year.

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.

Rather than waiting for a dominant player to emerge, the oil and gas industry is at a point in its journey with blockchain where it makes sense to actively start working toward common architectures and standards in the blockchain domain.

The company is relying on DevOps and agile to hit a bold growth goal by 2025: doubling profits without changing prices.

Harnessing the industrial Internet of things has arguably become the biggest strategic priority for industrial companies in the race to gain competitive advantage through digital transformation.

Equating data to oil might make sense at first glance, given the data-driven success of tech companies, but the analogy breaks down as soon as you dig a little deeper.

Before the dream of a “subsea factory” can come true, a group of North Sea companies will need to see if the required technology is economically feasible to build.

The November issues of SPE’s peer-reviewed journals SPE Reservoir Evaluation & Engineering and SPE Production & Operations include papers addressing data analytics and machine learning.