Asset Management
The GRMS system of standardization and classification for geothermal resources, led by a coalition of stakeholders in collaboration with Project InnerSpace and the Society of Petroleum Engineers, will be published in November.
Argentina’s President Javier Milei met with TotalEnergies CEO Patrick Pouyanné and Eni CEO Claudio Descalzi in Paris to discuss Argentina’s energy sector, including projects linked to the Vaca Muerta shale formation and the development of the Argentina LNG export project.
Known as Arena, the collaboration aims to improve decision-making across increasingly complex reservoirs and growing volumes of subsurface data.
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In a recent webinar in April, “Ethics for Engineers,” Larry Brown, a licensed professional engineer in Oklahoma and Texas and an SPE Distinguished Member, reminded engineers of the ethical obligations they carry in their professional careers.
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The understanding of decision-making processes is critical in ensuring project success and safety. Project failures—and disasters—can result from the lack of understanding or implementation of sound principles.
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Improving the success rates of major projects by ensuring the technical competence of engineers was the subject of a networking event at the Offshore Technology Conference in Houston in May.
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I had the pleasure of seeing an announcement for the semisubmersible hull destined for the Jack/St. Malo project leaving a South Korean shipyard for another in Texas.
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Plans were developed to produce multiple deepwater reservoirs with vastly different fluid properties from a subsea development in 3,100 ft of water in the Gulf of Mexico.
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The Mensa field is a deepwater Gulf of Mexico (GOM) geopressured-gas field, producing from Upper Miocene sand with faulted four-way closure.
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The success rates of E&P megaprojects has dropped over the past decade. What is causing this falloff in performance?
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Employees place great emphasis on training and development opportunities when choosing employers, and lack of training and skills development could hamper the oil and gas industry’s short-term potential for production growth.
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Charles Wilds, founder and president of SOS Group, presented the need for oil and gas companies to do more for their younger high performers as the average age of the overall workforce continues to shift.
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This regular column addresses the social side of engineering. We are pleased to include an article written by two of the more prominent names in decision-theory research. Dale Griffin and Thomas Gilovich describe interesting and important insights from the study of heuristics and biases.