Asset Management
An update on SPE’s path to financial sustainability: stronger revenues, new partnerships, and emerging opportunities—from geothermal initiatives to AI-driven licensing—are improving the outlook. While challenges remain, recent progress highlights a more resilient Society and a forward-looking strategy focused on long-term member value.
Since the US arrested and removed Venezuelan President Nicolás Maduro on 3 January 2026, all eyes have turned toward the country’s vast oil reserves, the largest of any country. From 2005 to 2024, oil production in Venezuela fell by 70%, from 3.1 million B/D to just 0.9 million B/D. The race is on to bring production back, but aging infrastructure and expatriation pre…
This paper presents a case study of oriented tubing-conveyed perforation followed by an acidizing operation to overcome technical challenges posed by a depleted reservoir targeted for a carbon capture, utilization, and storage project.
-
Initiative identified as the single highest-priority action to support geothermal capital market creation following a 2-year expert analysis of financial barriers to exponential-scale geothermal development. -
Seventeen companies, including four small businesses, were recognized this year for their demonstrated advancements in the industry.
-
The TWA Editorial Board is accepting nominations for “TWA Energy Influencers 2026: Young Professionals Who Energize Our Industry.” Nominate a YP by 1 July 2026.
-
Enverus analysts say limited development opportunities and lower oil prices restrained deal activity outside North America for a second consecutive year.
-
The project partners and the Newfoundland and Labrador government reach agreement over life-of-field benefits, royalties, and an equity option, moving development toward sanction in 2027.
-
Members of the International Energy Agency said they would make available 400 million bbl from emergency reserves amid market disruptions.
-
Your SPE GTTS community is now available, anytime, anywhere. Explore events, news, and technical content on the new platform and app.
-
More than 150 researchers will work on the Libra Rocks project, which aims to unlock insights that could improve recovery and reservoir management in one of Brazil’s largest offshore oil fields.
-
Drone strikes, refinery shutdowns, tanker disruptions, and halted LNG production have heightened concerns about broader supply risks.
-
Operator started planning the development before it made its latest North Sea discovery.
