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The operator remains on track to green light the nearby Kaskida find before year-end.
At this month's Offshore Technology Conference, industry giants like ExxonMobil, Equinor, and Petrobras offered a look at the future of low-carbon floating production, storage, and offloading units.
The inaugural SPE Workshop on CCUS Management in China was held in April in Qingdao. The workshop highlighted recent advances and technical challenges in CCUS management and attracted 104 attendees representing 19 organizations from eight countries.
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The agreement puts an early contractual framework in place for closer collaboration sooner on the project pair.
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Drillships Deepwater Asgard and Deepwater Atlas have fresh US Gulf Mexico campaigns upcoming that will earn the driller more than $500,000 per day.
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Traditional oil extraction methods hit a snag in noncontiguous fields, where conventional flow-based EOR techniques falter. In southwest Texas, a producer faced imminent shutdown of its canyon sand field due to rapid production decline. Field tests using elastic-wave EOR determined whether the field could be revitalized or if a costly shut-in process was inevitable.
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At COP28, more than 50 oil and gas companies took a historic step toward decarbonization by launching the Oil & Gas Decarbonization Charter. This article explores the importance of this effort, the opportunities available to the industry to reduce its Scope 1 and 2 emissions, and the key technologies needed to achieve the net-zero goal.
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Losing drill-hungry independent and private companies in the region to robust M&A will mean an activity slowdown that is expected to impact volumes coming from the nation’s largest oil field.
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Operators are turning the tide on the Lower Tertiary trend with increasingly large stimulations that are also pushing the limits of offshore technology.
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The prestigious award celebrates OTC exhibitors who are revolutionizing the industry with their groundbreaking technologies. This year, 15 exceptional technologies—five of which hail from small businesses—were chosen for their advancements. Join us in recognizing these trailblazers who are shaping the future of offshore energy.
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President's Column
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SPE President Terry Palisch is joined by Jennifer Miskimins, department head of petroleum engineering at the Colorado School of Mines, to discuss the academic aspect of petroleum engineering and its future.
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SponsoredWhich criterion do you rely on to make mutually exclusive decisions: Net Present Value or Rate of Return? When NPV and ROR are not in agreement, you must develop a proper incremental analysis to make the best economic choice.
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SponsoredExpanding its portfolio of high-tier technologies, TAQA develops a high-performance perforation-plugging patented product.
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SponsoredWith almost three-quarters of the global greenhouse gas emissions coming from the energy sector, there is a heavy burden and a huge responsibility on the shoulders of all countries of the world to transform the energy sector to be cleaner and greener by eliminating these emissions.
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SponsoredSmart completions using autonomous outflow control devices significantly helped in improving reservoir management and increasing oil and gas field productivity by enhancing the injection wells' performance.
Technology Focus
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Texas has become an early hot spot for geothermal energy exploration as scores of former oil industry workers and executives are taking their knowledge to a new energy source.
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The challenges that geothermal energy faces to become a leading player in the net-zero world are well within the areas of expertise of the SPE community, ranging from rapid technology implementation and learning-by-doing to assure competitiveness to establishing suitable funding mechanisms to secure access to capital.
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The developer of the recently emerged anchorbit technology is preparing to drill its first geothermal well next year in Germany.
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