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In drawdown management, operators can exert control over the downhole flow pressure, reservoir pressure, and choke size to avoid estimated ultimate recovery (EUR) losses.

Cyber threats have expanded beyond data breaches and the theft of intellectual property. Drilling and production assets are at risk of being disrupted or destroyed due to vulnerable control systems.

The integration of microseismic data with 3D seismic attributes, and well log and completions data is used to understand geomechanical rock properties.

ExxonMobil’s latest long-term energy outlook paints a generally robust picture for oil and natural gas despite the steep fall in hydrocarbon prices and cuts in capital spending.

There is widespread acceptance that extraction industries—including oil and gas—improve people’s lives and enable the economic growth of countries. However, at the project level, this acceptance is neither automatic nor unconditional.

Many companies too often focus solely on maximizing current production when they should really be focusing on maximizing profitability. A holistic, total asset modeling process is needed to reorient the focus of digital oilfield systems to focus on the net present value (NPV) of every project.

More than 13,500 oil and gas professionals gathered at SPE’s Annual Technical Conference and Exhibition (ATCE) on 28–30 September in Houston, making it the second highest-attended ATCE.

In SPE's annual salary survey, average total compensation dropped back to 2013 levels after an increase last year. Nonetheless, more than half of respondents reported that their base pay increased in 2015.

One of the hottest topics in the oil and gas industry is how to take advantage of new and exciting technologies developed for other business sectors.

While there is talk about automation killing jobs, the reverse appears more likely as rigs have evolved to drill more difficult wells. Drilling automation will require more and better training programs to take full advantage of the technology.