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Excelerate, once disqualified from the proceedings, ends up with lease agreement to December 2023.

Major energy companies are tapping into wine residues, used cooking oil, and waste animal fat to produce biofuels. Retooling to meet clean energy goals dominated the first day of the SPE Annual Technical Conference and Exhibition. And the US and European Union launched a global methane reduction pact that has climate advocates breathing a sigh of relief just weeks bef…

The Oil and Gas Climate Initiative has reduced its collective upstream methane and carbon intensity targets for 2025. Together, the revisions to these targets would bring an additional reduction of around 50 million tonnes of CO2 equivalent per year.

Kamel Ben-Naceur sees petroleum engineering as essential to the energy transition not only because of the continued role that oil and gas will play in the energy mix moving forward but also because the skills of the profession are foundational and transferable.

The Norwegian operator cites inflation and uncertainty surrounding supplier markets as factors in the decision.

Britain’s North Sea Transition Authority is removing the requirement for offshore operators to submit Cessation of Production reports when preparing to abandon a field.

This paper describes development of an adjustable cone meter that can adapt to flow conditions automatically and provide a turndown of as much as a 54:1 under dry-gas conditions and as much as 20:1 under wet-gas conditions.

The Petroleum Resources Management System (PRMS) has long been recognized as the global standard reference for resources and reserves classification and definition. The newly published “2022 Guidelines for Application of the PRMS” is not merely a refresh of the 2011 version but a complete rewrite by contemporary subject-matter experts.

Divesting from fossil fuel assets makes a big statement. Its impact, however, is murkier. Selling off an asset requires someone else to buy it, which, in the case of fossil fuels, can mean breathing new capital into the exact assets companies are trying to choke. But there’s another approach: running those assets into the ground.

Ryan Sloan, safety manager for Birchcliff Energy, explains how two separate tragedies spur him on to change the way workers think.