Production
The 2026 Upstream Scale Guidelines establish a common workflow for field measurements, scale modeling, and risk assessment to support more consistent operational decisions.
The long-term outlook analysis says a potential shift toward new construction could push 2026 production 3% above 2025 levels.
Lower operating expenditures and a changing asset mix helped UKCS operators cut average production costs by 9% year over year, despite relatively flat production levels, according to the NSTA.
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SPE President Jennifer Miskimins lent her expertise to Science Friday’s conversation about Venezuelan oil, explaining the reality of what it would take to extract and refine it. -
US oil executives say large-scale investment in Venezuela will depend on governance reforms and sustainable legal protections.
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Following a US military operation to arrest Venezuela’s president, analysts say there is no easy fix for the country’s beleaguered upstream sector.
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The platform brings the field’s installed production capacity to 1.5 million BOPD.
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Field results highlight how rethinking tubing-anchor-catcher design can reduce gas interference and support late-life production.
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This paper describes a data-driven well-management strategy that optimizes condensate recovery while preserving well productivity.
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Even as output hits record highs, a growing recognition of the Permian’s maturity is opening the door for new technologies to improve performance.
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Operators are turning to new gas-lift and nanoparticle-fluid technologies to drive up production rates.
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This work presents the development of fast predictive models and optimization methodologies to evaluate the potential of carbon-dioxide EOR and storage operations quickly in mature oil fields.
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This paper introduces a system that leverages sophisticated algorithms and user-friendly interfaces to tackle the challenge of developing complex, compartmentalized reservoirs effectively.
