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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Big projects are expected to add oil and gas to the energy mix in some regions while maturing basins contribute to drops in other areas.
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The all-stock transaction will create one of the largest shale producers in the US, anchored by a major Delaware Basin position.
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Updates about global exploration and production activities and developments.
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This month’s papers highlight new combinations of technologies, along with workflows automated in innovative ways, deployed to ensure precise measurement, accurate forecasting, and environmentally conscious operations.
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This paper describes a novel 6.75-in. logging-while-drilling geochemical tool developed for accurate lithology, mineralogy, well-placement, and geosteering applications in complex reservoirs.
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Ongoing seismicity concerns and orphan well risks are pushing operators and regulators to explore alternatives for managing produced water.
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The agency also requests feedback related to interest in a possible minerals lease sale offshore Alaska.
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A final investment decision is also expected by the end of the year for the company’s first low-carbon data center project.
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Among the awards are contracts for four currently idle deepwater rigs.
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The $26-million project will serve as a collaborative hub for research, engineering, and testing.