Asset Management
Production delivered by the subsea artificial lift system will equal that obtained by drilling two new wells, according to BP.
Thanks to stepout-well and tieback technologies, Shell’s Mars platform is the first single offshore platform in the US Gulf to produce 1 billion bbl of crude over its lifetime with production expected to continue into the 2040s.
The new guidelines were released prior to reports that enhanced geothermal developer Fervo Energy experienced a blowout in Utah with no reported injuries.
-
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. -
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.
-
This paper describes the use of encapsulated polymer technology to address the issues of shear degradation and injectivity integrity faced in the application of polymer flooding in an offshore development context.
-
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…
-
New technical papers suggest advanced robotic systems may not be far away from broad adoption for a large share of offshore inspection and intervention.
-
Corporate consolidation and foreign buyers helped drive $38 billion in upstream deals in the first quarter of 2026.
-
The Career Advancement Network held its Energy Professionals Hiring Event at SPE’s 2026 Offshore Technology Conference, allowing participants to connect with employers, explore opportunities, and seek information about job opportunities in a rapidly evolving industry.
-
The companies will work together to increase future production and value creation at their respective assets in the Norwegian Continental Shelf.
-
The top three bidders in the latest lease sale by the US federal government paid a combined $3.9 billion.
