Asset Management

The ASEAN Council of Petroleum and Energy and SPE have taken a step toward deeper regional collaboration, formalizing a Memorandum of Cooperation at OTC Asia 2026. The agreement signals a shared commitment to advancing energy security, sustainability, and technical excellence across ASEAN through expanded knowledge exchange and workforce development.

The transaction creates a new company, NEO NEXT+, which is now the largest independent producer on the UK Continental Shelf.

Conflict‑driven price gains may be offset by higher costs, supply‑chain risks, and a limited appetite for new drilling activity.

The companies' combined technologies enable real-time control of well placement, hydraulics, and rig operations.

CERAWeek panelists see AI as a way to leverage data and people in interpreting data for exploration, but a cultural shift at companies may still be needed.

Data centers could add up to 6 Bcf/D of US gas demand by 2030, creating a new opportunity for producers and reshaping how oil companies think about electricity supply.

The chair of the SPE Georgetown Section outlines how balanced, apolitical dialogue can support development amid rapid energy expansion.

This paper highlights the effects of tax credits on business operations for midstream companies in the Permian Basin.

In this study, forward simulation is executed by a commercial reservoir simulator while external code is developed for backward calculations.

Findings from two new SPE papers argue that the tight-rock sector needs to rethink longstanding assumptions about how hydraulic fractures form underground.