Risk management
The SPE Asset Management Technical Section (AMTS) is teaming up with the University of Houston to launch a pilot program that advances asset management practices and supports the growth of energy professionals worldwide—setting a model for future collaborations between universities and SPE technical sections.
The SPE Management Technical Section has been officially renamed the Asset Management Technical Section. The new name better reflects the section’s focus on asset management as a core discipline in the upstream oil and gas industry.
This article provides an overview of risk-based measurement, monitoring, and verification (MMV) for efficient, long-term CO2 storage.
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Delve into a method designed to analyze and solve problems in the offshore equipment inspection process in this article. -
SPE has established three new technical sections—the Management Technical Section, the Methane Emissions Management Technical Section, and the Data Science & Engineering Analytics Technical Section.
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A technical synopsis of major considerations for unconventional wells facing prolonged shut-ins. The review includes deciding factors for kill fluid selection and risks of incompatible fluid mixing.
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In North America’s most active shale fields, the drilling and hydraulic fracturing of new wells is directly placing older adjacent wells at risk of suffering a premature decline in oil and gas production.
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If a boom in electric vehicle sales takes place, a group of auto experts suggest it would represent a larger immediate threat to electricity supply than it would to oil demand.
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Industry regulators in Oklahoma have rolled out broad new restrictions on more than 600 disposal wells as part of the largest action of its kind taken in response to earthquakes.
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A sharp rise in seismic events in some areas of the United States where oil and gas production is booming is leading regulators and the industry to examine whether the two are related.
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The United States’ top offshore regulator said his agency is adopting new policies and measures to improve its working relationship with the offshore industry.
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Cost estimation for facilities depends on early concept selection and critical inputs, often complicated by uncertainty in one or more of the critical inputs. Empirical cost models and cost modeling methods using these inputs vary in degrees of scope, comprehensiveness, and robustness.
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Decision analysis is not a cookbook or series of boxes that must be checked before a project is approved, argue professors Reidar Bratvold and Steve Begg, who share some pointers on how to map out the likely consequences of decisions, assess the importance of individual factors, and choose the best.
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