SPE News
Leaders of SPE’s Artificial Lift Technical Section outline the group’s mission, recent technical highlights, and a growing slate of global events shaping the future of artificial lift.
SPE’s newest technical community, the Critical Minerals Technical Section, aims to connect petroleum expertise with emerging opportunities to extract lithium, rare earth elements, and other critical minerals from subsurface reservoirs and industrial brines.
Initiative identified as the single highest-priority action to support geothermal capital market creation following a 2-year expert analysis of financial barriers to exponential-scale geothermal development.
-
The FAQs present questions frequently received from industry with answers prepared by the FAQ Subcommittee and reviewed by the SPE Oil and Gas Reserves Committee and Petroleum Resources Management System (PRMS) co-sponsors. The FAQs address select topics on the interpretation and application of the PRMS on the evaluation and classification of petroleum reserves and re… -
Spending plans announced by oil and gas companies indicate that about 80% of their budgets are directed toward traditional E&P, efforts to reduce emissions and carbon footprints, and sustainable investment in new energy. It is reasonable to expect that with these budget increases, there will be an uptick in the employment of petroleum professionals.
-
SPE’s Board of Directors approved changes to SPE’s bylaws at their meeting on 21 January 2023. Read about these changes and the process followed in making them.
-
Membership rose slightly as industry recovers from the pandemic, while the composition of the membership continues to change.
-
Among the outcomes from COP27 that SPE will be discussing in future meetings and publications are the participation of the oil industry in the conference, decarbonization vs. reduction, and attempts to phase out petroleum. Also, read about how SPE Energy Stream selects and presents live and on-demand programming.
-
As was announced in JPT’s SPE News in September, SPE CEO Mark Rubin will be retiring in 2023. An SPE Search Committee has been formed, and it has engaged the services of Korn Ferry to coordinate the search for the new senior executive of SPE’s staff.
-
The Petroleum Resources Management System (PRMS) has long been recognized as the global standard reference for resources and reserves classification and definition. The newly published “2022 Guidelines for Application of the PRMS” is not merely a refresh of the 2011 version but a complete rewrite by contemporary subject-matter experts.
-
This section lists with regret SPE members who recently passed away.
-
Opening additional channels of communication with our members provided important feedback to move forward with the Strategic Plan.
-
This column wraps up the year with a recap of our top hits in the JPT content delivered to our members and looks ahead to what’s coming in 2023.
