Management
The decision keeps the effective tax rate on upstream projects at 78%, prompting new warnings that investments will continue to dwindle in the UK Continental Shelf.
Adura will become the UK North Sea’s largest independent producer by combining 12 key oil and gas assets, employing around 1,200 staff. It aims to produce more than 140,000 BOED in 2026.
This study presents a novel hybrid approach to enhance fraud detection in scanned financial documents.
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A 25% tariff on steel imported into the US has some US oil and gas companies nervous about future spending plans.
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Amia Morgan, SPE, highlights this event designed to bring together students, young professionals, and seasoned industry experts to foster mentorship, inspire the next generation of STEM leaders, and promote inclusivity.
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Launch of development drilling marks a new milestone as Romania aspires to become EU’s largest gas producer.
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This paper describes an intelligent completion system in the context of multiple wells that, by electrifying the process, replaces the conventional electrohydraulic systems that have been in use for decades.
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In this study, a deep-neural-network-based workflow with enhanced efficiency and scalability is developed for solving complex history-matching problems.
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This study presents a production-optimization method that uses a deep-learning-based proxy model for the prediction of state variables and well outputs to solve nonlinearly constrained optimization with geological uncertainty.
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Updates about global exploration and production activities and developments.
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The paper describes a parameter inversion of reservoirs based on featured points, using a semi-iterative well-test-curve-matching approach that addresses problems of imbalanced inversion accuracy and efficiency.
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Written on behalf of the SPE Business and Leadership Committee, this article explores the four generations in the upstream energy workforce, highlighting their unique traits and the impact of 40 years of industry changes. It also discusses how DEI, reverse mentoring, and employee resource groups can bridge generational gaps to boost collaboration and productivity in t…
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Whether it’s reviving inactive gas-condensate wells or identifying overlooked reserves in brownfields, operators are making the most of older wells and fields.