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R&D/innovation
Grand Challenges for the Oil and Gas Industry for the Next Decade and Beyond
A decade ago, SPE defined key R&D and technology challenges for the industry. To address the more uncertain environment of the 2020s and beyond, we have updated the grand challenges via a January 2023 SPE workshop.
Risk management
Turkey and Russia's Impact on the Black Sea Becoming an Emerging Natural Gas Region
The Black Sea is where Turkey shares maritime borders not only with Russia and Ukraine, but also with EU nations such as Romania. Its significance is evolving, both regionally and globally.
Geothermal energy
Chevron Teams With MOECO on Advanced Closed-Loop Geothermal Pilot in Japan
Putting into action an agreement signed in 2022, the companies will collaborate on the project to test the emerging technology for producing geothermal energy.
Drilling automation
CNPC, Sinopec Drill Ultra Deep in Search of Energy Security
CNPC’s record-breaking 11,100-m exploration borehole in the Taklamakan Desert promises to unlock the science of producing oil and gas trapped in the world’s deepest reservoirs.
Well integrity/control
New Acoustic Tool Expands Flow Diagnostics
Diagnostics firm TGT launched its newest acoustic platform that it says broadens flow analysis by adding radial distance to the data collected.
Drilling automation
Halliburton, Nabors Team Up on Well Construction Automation
The duo’s new services will be initially deployed in Iraq.
SPE News
2023 SPE Regional Award Recipients Announced
These awards recognize those members who have contributed exceptional service and leadership to the Society, as well as those who have made major professional contributions to their technical disciplines at the regional level.
Offshore/subsea systems
Have Offshore Operators Cracked the Code on How To Successfully Run a Megaproject?
Recent developments from Equinor and Murphy Oil Corp. offer hope that the industry is zeroing in the right approach to building megaprojects.
Business/economics
European Megadeal Sees Eni Buying Neptune Energy for $4.9 Billion
The all-cash deal aims to strengthen the Italian supermajor's role as a key supplier of gas to European markets.
Field/project development
Woodside Takes FID on $7.2-Billion Trion Project in Mexico
The 500-million bbl find in the Mexican Gulf is expected online in 2028.
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