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Led by Frac, The Oilfield Services Space Could Get Interesting in 2019
Slumping oil prices may throw a wrench into a positive outlook for the global oilfield services and equipment industry. Even if prices rebound, complications in the US fracturing market—and elsewhere—are expected to persist.
Cheniere Energy Ships First LNG Cargo From Corpus Christi
Cheniere Energy today shipped the first cargo of LNG from its Corpus Christi liquefaction facility, marking the first export of LNG from Texas.
ADNOC Joins the Blockchain Ranks, Inks Deal With IBM
The blockchain-based automated system pilot is expected to integrate oil and gas production, providing a platform for the tracking, validating, and execution of transactions at every stage of the project life cycle.
USGS’s Largest-Ever Assessment of Continuous Oil Potential: Permian’s Wolfcamp-Bone Spring
Production and proved reserves in the Permian Basin’s Wolfcamp Shale and Bone Spring Formation are reaching new heights, and a new assessment from the US Geological Survey indicates the industry is just scratching the subsurface when it comes to what may be technically recoverable.
US To Become Third-Largest LNG Exporter in 2019
The US EIA projects LNG export capacity will rise to 8.9 Bcf/D by the end of next year, making the US the third-largest exporting country in the world behind Australia and Qatar.
Natural Gas is Up, Except Where It’s Down
Natural gas prices have risen in the US but not in west Texas. The contrast is a sign of the growing pains that come with explosive growth changing this increasingly competitive market.
Mexico’s Giant Zama Discovery Gets New Interest Owner
DEA Deutsche Erdoel is buying Sierra Oil & Gas, giving the German operator stakes in six new blocks off Mexico—including the Zama discovery, where appraisal drilling is now under way.
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Through every industry cycle, SPE is steady and supportive. We created a toolkit to help you make the most of your career.
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Working in Petroleum:
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Energy4me is not a boring lecture, and combining the hands-on activities with a discussion about life in the industry helps students put a face to the industry and understand what is required to be successful.
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Produced Water
An introduction to production mechanisms, economics, and characterization
PetroWiki is a free resource from SPE to answer many basic petroleum engineering and operational questions. SPE professional members can contribute their expertise by updating or adding to PetroWiki content.
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