Asset Management
New insights from Chevron, Occidental Petroleum, and others at the SPE Improved Oil Recovery Conference highlight the different paths companies are using to squeeze more out of tight rocks.
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…
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Updates about global exploration and production activities and developments. -
The objective of this study is to numerically investigate system behavior when storing H2/natural gas (CH4) mixtures in aquifer-related underground gas storage, and the effect of gas composition and salinity on energy-recovery efficiency.
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In this paper, the authors review and draw lessons from the many firsts in the Teesside CO2 transportation and storage infrastructure project.
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This paper provides an account of the design, implementation, and operational insights from an enhanced geothermal system proppant stimulation targeting a volcanic, dry rock setting with an approximately 330°C bottomhole temperature.
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This study evaluates the feasibility of drilling a closed-loop, unconventional geothermal system in the Pannonian Basin basement of Romania.
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Geothermal development is gaining steam and entering a transformative era, driven by breakthroughs in adapting and improving on engineering, drilling, completion, and production technologies to the efficient extraction of heat from the Earth.
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In the past year, publications on CO2, natural gas, and hydrogen storage have increasingly focused on the design, evaluation, and optimization of storage plans. These efforts encompass a broad spectrum of challenges and innovations, including the expansion of storage reservoirs from depleted gas fields and saline aquifers to stratified carbonate formations and heavy-o…
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This paper describes modeling work performed to design fracturing treatment and spacing for wells in the Project Cape enhanced geothermal system in Utah.
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Oman is embarking on a renewed effort to deploy the latest hydraulic fracturing technologies and techniques, tailored to its unique reservoirs and challenges.
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From its origins running just a few light bulbs in Tuscany in 1904 to supporting baseloads on national power grids today, geothermal power generation has been driven by technological advancements. Many of these advancements stem from oil and gas exploration and production efforts.
