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SPE has served members through the ebbs and flows of the oil and gas industry since 1957. The exploration and production business is inherently cyclical.

There are headlines every day that discuss the ethics and safety behind oil and gas operations, particularly hydraulic fracturing.

Douglas-Westwood’s quarterly World Oilfield Services Market Forecast and World Oilfield Equipment Market Forecast continue to suggest that 2016 marks the start of a barren period for the global oilfield services and oilfield equipment sectors, with onshore looking more positive than offshore.

There is talk about digital oil fields and big data and some striking examples of their power. But in real oil fields, a lot of operators are still running fields with systems relying on big paper.

Early engineers of the 19th century were rock stars of their times, much like famous dot-com entrepreneurs of our times.

Case studies from around the world prove that big rewards await companies that optimize the artificial lift systems keeping their mature fields alive. The success stories involve a mix of monitoring, automation, and performance tracking.

Getting through this latest downturn in oil prices will require a balancing act between short-term measures to reduce costs while maintaining a long-term perspective on growth in the industry.

The US government is working on regulations to reduce oil industry methane emissions by more than 40% over the next 10 years.

This paper provides an operator’s viewpoint of in-well monitoring, covering some of the key challenges.

As shale operators look for ways to survive amid the current downturn in oil prices, accelerating the refracturing of older horizontal wells is turning into one of the most attractive options.