Asset Management
Robotic and autonomous systems are transforming energy operations, but their full value emerges only when paired with data science, engineering analytics, and AI/ML to turn data into decisions. The transition of the SPE Robotic & Autonomous Systems Technical Section into the SPE Data Science & Engineering Analytics Technical Section helps bridge this critical technolo…
Trafigura will purchase 100,000 metric tons of battery-grade lithium products under a decade-long take-or-pay contract valued at over $2 billion.
The Absheron gas field expansion will supply additional natural gas to Azerbaijan’s domestic market and support its export commitments to Turkey, allowing Baku to stay focused on meeting its gas export obligations to Europe.
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SPE’s technical directors are focused on problems that require working outside the bounds of their discipline. -
The number of aging offshore facilities in the Asia Pacific region is increasing. The decision to extend the service life of an offshore asset is made on the basis of detailed technical analyses combined with detailed economical evaluations.
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The realization that we should not look at any individual aspect of how to estimate unconventional reserves and resources properly without considering its place in the project life cycle reflects a maturity within the industry.
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In this paper, the effect of timing and pattern of well placement on NPV is studied. Three scenarios were evaluated.
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This paper describes a case study in which four reservoir models were coupled with a production-network model, with the objectives of maximizing recovery factors, identifying operational problems, and evaluating water-production effects.
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The implementation of the PRMS has contributed significantly to the understanding of the hydrocarbon-maturation process in the Netherlands.
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This paper presents methods for production forecasting that give reasonable post-treatment predictions that have been found to be useful for economic planning.
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A webinar examined reasons why projects fail to meet profit expectations and how success potential can be enhanced.
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Developing performance indicators that will provide meaningful comparisons across the wide variation in oil and gas platforms is important, since good indicators can drive optimal operations. But is is also complex.
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Saudi Aramco’s plan to create a global network of research centers is becoming a reality. It recently celebrated the opening of its Houston center that the company’s President and Chief Executive Officer Khalid Al-Falih described as “an upstream research center like no other.”
