Asset Management
Industry fundamentals continue to strengthen as rising utilization and scarce replacement capacity support higher rig valuations.
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.
-
The project to stabilize and maintain the gas field’s production plateau supports Algeria’s bid to underpin its growing role in supplying European gas markets.
-
Hunt Energy Network invested $10 million into Quidnet to help scale up the company’s concept for geopressured energy storage to the tune of 300 MW.
-
A new kind of groupie is interested in the heavy metal band Metallica’s tour in Europe, including Shell, big-rig and electric vehicle manufacturers, and producers of hydrogen, biofuels, and LNG. It has less to do with the music than the alternative fuels keeping the buses rolling on the 2-month, 7,200-mile journey across nine countries.
-
JPT’s first year of publication was one of groundbreaking events that would transform the global petroleum industry. A recap of developments in 1949 emphasizes the high hopes attached to the industry—and the ambitious goals of the new magazine.
-
This paper presents a case study of a North African oil field producing from two Ordovician sands with differing permeabilities where significant benefit was achieved by fracture stimulating one or both intervals in two wells.
-
SPE President Terry Palisch is joined by Susan Howes, president of Subsurface Consultants and Associates, to discuss the importance of soft skills for petroleum engineering.
-
Oil remains an indispensable and irreplaceable part of the global energy mix. As convenient, efficient, and highly energy-dense sources, natural gas and oil are simply unmatched by any currently available alternatives.
-
Rising natural gas production plus not enough takeaway capacity equals one big headache for west Texas producers
-
Updates about global exploration and production activities and developments.
-
The massive vessel moved from Aker Solutions quayside to begin sea trials ahead of deployment in the Barents Sea prior to year-end.