Asset Management
The top three bidders in the latest lease sale by the US federal government paid a combined $3.9 billion.
US Energy Information Administration data sees the country’s energy production jump 3.4% over 2024 levels. Additionally, the EIA predicts industrial natural gas consumption to hit records in 2026 and 2027.
This article from the SPE Hydrogen Technical Section (H2TS) analyzes career opportunities and the capabilities professionals will need as the hydrogen sector continues to take shape.
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TechnipFMC, in collaboration with Halliburton, was awarded the 2025 ICoTA Intervention Technology Award and received the 2025 Curtis Blount Outstanding Paper Award.
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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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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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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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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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In the next 3 to 5 years, South America and the Middle East will lead global investment, driven by greenfield developments, exploration, and midstream infrastructure. Brazil’s growth is fueled by deepwater pre-salt projects, while the Middle East focuses on gas and LNG, especially in Qatar, Saudi Arabia, and the UAE.