Paul Cameron, SPE, Senior Well-Engineering Advisor, Global Wells Organization, BP
We are living in exciting and challenging times. A recent report* projected that world demand for energy is set to increase by almost 40% in the next 20 years—that is approximately equivalent to adding twice the current energy consumption of the United States. Petroleum-based fuels are expected to play a leading role in the world’s energy mix, accounting for 53% of energy consumption in 2030.