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.
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This study illustrates the new capabilities, tailored for carbon-dioxide storage applications, of a modeling framework that provides a quantitative, risk-based assessment of the long-term integrity of legacy plugged and abandoned wells. -
This paper describes an auto-adaptive workflow that leverages a complex interplay between machine learning, physics of fluid flow, and a gradient-free algorithm to enhance the solution of well-placement problems.
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This paper addresses the difficulty in adjusting late-stage production in waterflooded reservoirs and proposes an integrated well-network-design mode for carbon-dioxide enhanced oil recovery and storage.
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This article is the sixth and final Q&A in a series from the SPE Research and Development Technical Section focusing on emerging energy technologies. In this final edition, Matthew T. Balhoff, SPE, of The University of Texas at Austin shares his views on the future of upstream education.
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This paper introduces a system that leverages sophisticated algorithms and user-friendly interfaces to tackle the challenge of developing complex, compartmentalized reservoirs effectively.
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This paper assesses the technical feasibility of geological carbon storage in the operator’s Brazilian brownfields, focusing on mature oil fields and associated saline aquifers.
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As cutting-edge technologies unlock geothermal potential, Japan is channeling investments into powerhouse projects across the US, Indonesia, and New Zealand and priming its own reserves for a clean energy boom at home.
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A presidential decree extends ExxonMobil’s chance to possibly recoup part of the $4.6 billion loss it suffered after exiting its flagship Russian asset in spring 2022.
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The $1.3-billion deal targets DJ Basin assets producing 35,000 BOEPD, and Japex aims to increase that output to 50,000 BOEPD around 2030.
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The Nigerian Upstream Petroleum Regulatory Commission has set its sights on anticorruption efforts for the 2025 Licensing Round, which began on 1 December.
