Asset Management
In this study, forward simulation is executed by a commercial reservoir simulator while external code is developed for backward calculations.
Findings from two new SPE papers argue that the tight-rock sector needs to rethink longstanding assumptions about how hydraulic fractures form underground.
The newest recipient of the title SPE Legend of Hydraulic Fracturing talks about his career, the evolution of fracture stimulation, the development of increasingly useful simulators, and the future of the oil and gas industry. The honor was given at the 2026 SPE Hydraulic Fracturing Technology Conference and Exhibition.
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The operator will move forward with its multibillion-dollar Northern Hub project while planning for additional exploration drilling in the region. -
Rig counts are down since 2023, but well productivity is marching forward.
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The industry is balancing brains and bots as it squeezes out barrels of oil production.
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The deal comes only weeks after the private equity firm purchased a natural gas-fired plant operator.
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At peak, annual production from the two fields offshore Italy is expected to reach 1.5 Bcm.
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Cost concerns temper public appetite for clean energy while companies struggle to find investors for projects.
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Partners in Arrow Energy, Shell, and PetroChina expect to drill 2,500 new gas wells over 27 years to feed the Queensland Curtis LNG plant.
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Transition requires action, not perfect technology, but challenges remain around scalability, cost, and revenues.
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ConocoPhillips’ CEO Ryan Lance sees a future for petroleum engineers as the energy mix expands.
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China's biggest offshore company is looking to open a new frontier with shallow reservoirs found in the deep water of the South China Sea.
