From the TWA Editor

While Russia’s invasion of Ukraine has caused rapidly rising oil prices, market fundamentals will remain tight through the short-to-medium term. Absent a rapid increase in US shale investment and OPEC opening up the taps, that means prices could remain stubbornly higher than they have been seen since the 2014 crash.

To turn the spotlight on YPs' contributions to the industry, the TWA Editorial Committee is accepting nominations for "TWA Energy Influencers 2022: Young Professionals Who ENERGIZE Our Industry.”

Following the 2014 oil price crash, the industry focused on capital discipline, leading to the “Great Moderation.” After almost 8 years of companies cutting costs rather than growing production, renewed optimism in the industry is set to drive capital spend upwards.

The world is not running out of gas. At almost 400 bcfd, global production exceeded consumption in 2021. The problem is seasonality and geography. Both of these challenges can be addressed through infrastructure investment.

A look at the evolution of the oil and gas industry in the past two decades and how that will impact young petroleum professionals.

Young professionals are entering the energy industry when it is in a state of transition. How will it affect their career path and progression?

Being the academic arm of oil and gas exploration and production, petroleum engineering R&D is expected to drive the frontier in petroleum technology. This article identifies and elaborates on five fundamental technological R&D challenges in today’s upstream petroleum industry.

Two of the 2021 TWA Energy Influencers, Ashley Zumwalt-Forbes and Mark McClure, discuss their entrepreneurial journey with TWA Editorial Committee member Bita Bayestehparvin.

A generic, multi-purpose reservoir simulator is a tool that every petroleum engineering graduate should have in his or her arsenal. This article overviews the main features a basic reservoir simulation program combines, all doable through a few hundred lines-of-code, regardless of the preferred coding language.

A selection of outstanding young professionals in the oil and gas industry whose work positively influences and inspires others.