SPE ENGenious Symposium Spotlights the Role of Digital Tech in Industry
Earlier this year in Aberdeen many of the oil and gas industry’s innovation champions met to discuss the developments that are driving the digital transformations within operators and service providers alike.
Data, Digital Energy Take Center Stage at Annual Conference
The digital transformation of the oil and gas industry dominated discussion at the 2018 SPE Annual Technical Conference and Exhibition held in late September in Dallas.
Liquids-Rich Permian Showcased as a Model Basin
The SPE Liquids-Rich Basin Conference in Midland, Texas, merged topics that have dominated recent industry discussions: technologies centered on big data, interwell communication, and Permian Basin production.
Innovation Leaders to Meet in Scotland at SPE ENGenious Event
A new event is kicking off in September that will bring together the brightest minds in digital tech and oil and gas.
ATCE Takes a Bite out of Big Data
The 2018 SPE Annual Technical Conference and Exhibition focuses on evolving data analytics, emerging technologies, and technical insights from across the globe.
OTC at 50: Offshore Sector More Optimistic as Oil Prices Continue To Rise
The 50th edition of the Offshore Technology Conference in May indicated that the sector is beginning to recover 2 years after the oil price slump. Topics discussed: what price will make offshore profitable, companies’ billion-dollar splurges offshore Brazil, and promising startups.
HSE Conference Marks a Tipping Point for the Industry
The sense of reaching a tipping point permeated the recent international SPE HSE conference in Abu Dhabi. Each of the disciplines went much further than before, be it safety embracing brain science, health going beyond the fence, or social responsibility showcasing best practices in labor rights.
Drilling’s Next Generation of Challenges
Stories from the IADC/SPE Drilling Conference look at how the next generation of engineers is performing, the hottest well ever drilled, and the art of translating drilling numbers into executive reports.
OTC at 50: Bold Vision Led to Unimagined Success
The decision to launch the Offshore Technology Conference in May 1969 was visionary, but the subsequent success of the yearly conference has exceeded the wildest dreams of the original sponsors.
OTC Names Winners of Spotlight on New Technology Awards
The Offshore Technology Conference selected 15 technologies for its 2018 Spotlight on New Technology Awards. The annual awards program recognizes innovative technologies and showcases the latest advances in offshore exploration and production.
IEA Sees No End to US Shale Output Surge
The scheme by OPEC and non-OPEC producers to collectively curb oil production has brought stability to the global market—which, as a result, could soon be awash in “a second wave” of US shale output growth.
OTC To Draw Global Participants for Look at Industry’s Future
As the industry moves toward recovery and stability, OTC will attract global industry professionals, government officials, academic experts, and many other organizational representatives to discuss technology and broader industry issues and assess the future.
SPE Annual Conference Highlights Sustainability, Disruptive Technologies
More than 8,300 professionals from 60 countries attended the 2017 SPE Annual Technical Conference and Exhibition, which was held in October in San Antonio, Texas.
SPE Technical Directors See a Challenging, Interesting, and Scary Future
The technical directors’ special session at SPE’s Annual Technical Conference and Exhibition presented challenges on the E&P frontier in an industry grinding through a period of deep cost reductions.
Artificial Intelligence Requires Left-Brain Thinking To Boost Reliability
How can AI systems incorporate processes mimicking the slower logic- and causality-based reasoning patterns of the left brain?
Technology R&D Shifts Gears To Achieve Faster Rollouts, Better Data
R&D may be the key to the survival of companies as the new economics of the industry take hold.
BHGE Shares Strategy for Integration of Services, Products, and Digital Platforms
BHGE shared its plans for the integration of its services, products, and digital platforms for upstream to downstream applications.
New President Will Oversee SPE’s Revised Short-Term Strategy
SPE’s first president from Canada will take office this week.
Key to Oil and Gas Future May Be Adapting Known Ideas Intelligently
Even as the oil and gas industry looks for the next great idea to propel it forward, it should constantly reconsider past innovations for inspiration, the CEO of a major operator said Monday on the opening day of 2017 SPE ATCE.
Disruptive Drilling Technology Is All About Money and Those Who Have It
Money is the root all of startups, but getting it and making more of it depends on dealing with demanding people.
R&D Technical Section Dinner Discusses Unlocking the Next Billion Barrels
The R&D Technical Section dinner at ATCE drew varying perspectives as the panelists discussed, and sometimes debated, a range of approaches to safeguarding industry viability and growth in the years ahead.
Opening Session Tackles Economic and Environmental Sustainability
SPE’s annual meeting opened Monday morning with a look at the economic and environmental sustainability of the oil and gas industry.
Saudi Aramco CEO Takes Top Industry Honor
Top industry professionals will be honored this week for their significant contributions to the oil and gas industry.
New and Innovative Technologies From the ATCE Exhibition Floor: A Sampling
Each year, SPE ATCE offers attendees the chance to experience firsthand the development and commercialization of new upstream technologies. Hundreds of exhibitors will showcase their tools and technologies at the conference. Here's a sampling.
Energy Startup Competition Aims To Connect New Companies With Investors
SPE and the Rice Alliance for Technology and Entrepreneurship have partnered to host a competition at ATCE in which emerging technology companies in the energy sector vie for partnerships and prize money.
ATCE To Focus on Sustainability, Industry Transformation
A diverse group of global upstream oil and gas professionals is attending the SPE Annual Technical Conference and Exhibition Monday through Wednesday in San Antonio, Texas.
ATCE: A Global Crossroads for Innovative Technology
More than 10,000 global industry professionals are expected to attend the SPE Annual Technical Conference and Exhibition (ATCE) from 9–11 October in San Antonio, Texas.
OTC Focuses on Downturn-Led Innovation and the Bottom Line
Technical papers and panel presentations at this year’s Offshore Technology Conference (OTC) reflected the times, with a clear focus on doing things more efficiently and cheaply and how innovation and incremental improvements in technology can help.
Reinvention, New Realities Central Theme of Offshore Europe 2017
Petrobras, Wood Group, Shell, BP CEOs are among the industry leaders scheduled to speak at SPE Offshore Europe 2017 in Aberdeen.
OTC Holds Timely Opportunity To Chart E&P Industry Future
The Offshore Technology Conference to be held from 1–4 May at NRG Park in Houston will present an especially timely occasion for worldwide energy professionals to chart the way ahead.
OTC Names Winners of Spotlight on New Technology Awards
The Offshore Technology Conference selected 15 new technologies for its 2017 Spotlight on New Technology Awards. The annual awards program recognizes innovative technologies and allows companies to showcase the latest advances in offshore exploration and production.
New Oil and Gas Institute Seeks To Boost Knowledge and Production in the Permian Basin
Through data gathering, machine learning, and the use of a supercomputer, a non-profit organization in Texas is seeking to boost oil and gas production on land owned by the states’ two largest university systems.
Getting a Better Look at Propped Fractures
Carbo Ceramics is making big strides in the use of ceramic proppant.
Initial Impressions of Wells May Be Misleading
A new study questions whether the most widely reported production data is the best indicator of future output.
Saudis Find Proppant Source in Their Own Back Yard
Although Saudi Arabia has plenty of sand, it took some ingenuity by Saudi Aramco and Schlumberger to figure out how to use it effectively as proppant.
Think-Tank Founder and Author Gives Morale Booster to Fracturing Conference Attendees
In the keynote speech at the SPE Hydraulic Fracturing Technology Conference, author and founder of the Center for Industrial Progress Alex Epstein explained the moral case for fossil fuels.
Gas Lift Use Grows in Permian
Unconventional production patterns in the Permian Basin are leading producers to replace electrical submersible pumps (ESPs) with gas lift, which had been little used there.
SPE Annual Conference Confronts the Future
SPE held its first Annual Technical Conference and Exhibition in the Middle East in September, as 7,500 industry professionals from 94 countries met to discuss topics under the theme of “E&P 2.0: Transforming and Shaping the Future.”
ATCE: Dubai Petroleum Completes Multistage, Offshore Tight Oil Well
Dubai Petroleum embarked on a new mission last year to drill and complete its first multistage, hydraulically fractured, and propped horizontal well from an offshore platform.
Saudi Aramco Gearing Up Unconventional Drilling
Saudi Aramco has begun moving toward the production phase of its ambitious plan to develop its enormous hoard of unconventional gas resources.
ATCE: Fast Start for First Saudi CO2 EOR Project
Saudi Aramco saw a jump in production for a type of EOR that often takes years to see full benefits.
ATCE: 2017 SPE President Promises To Lead and Engage Members
A 40-year member, Janeen Judah assumed the organization’s top position on the final day of the conference in Dubai.
ATCE: Future Roles of Humans and Machines
Big ideas for digital intelligence in Oil and Gas are being discussed at ATCE.
ATCE: The Demand for Greater Efficiency Across Operations
Service providers and national oil companies debate what increasing efficiency in E&P operations requires at ATCE.
ATCE: Aramco, ADNOC Executives Call for Visionary Change
Strategy changes are needed to overcome the oil and gas sector’s current economic challenges.
ATCE: Keeping it Simple, Smart
With limited resources and lots of dedication, West Virginia University students wowed judges of the ATCE Drillbotics drilling automation challenge with the automated drilling device they built.
ATCE: Service Company Execs Call on Industry To Spend More
Schlumberger and Baker Hughes leaders said increased investments are critical to ensuring technological advancements for the industry.
Improving Completions Efficiency with Standardization, Integration
Disruptive technological advances may produce significant improvements in completion techniques.
Toe-Up or Toe-Down: Does It Really Matter?
An analysis studied whether a well's toe could be affecting the production performance.
Is the Struggle Really Worth It?
One study is showing that when pumping a proppant into a fracture, a little bit of extra effort might increase performance.
Abundant Supplies A Lingering Problem
Mass layoffs and rising bankruptcies haven't put an end to abundant supplies.
Innovation, Efficiency Among Key Themes at IPTC
A closer look at some of the speakers, panel discussions, and technical sessions slate for the 2016 International Petroleum Technology Conference, to be held 14-16 November in Bangkok, Thailand.
SPE ATCE To Focus on Industry Transformation
Transforming and shaping the future of the exploration and production (E&P) industry will be the theme of SPE's first Annual Technical Conference and Exhibition to be held in the Middle East, running September 26-28 at the Dubai World Trade Center.
Increasing Efficiency, Safer Operations Key Themes at OTC
As it has since 1969, the world came to OTC to make critical decisions, share ideas, and develop business partnerships to meet global energy demands.
Deepwater Future Tied to Technology Innovation
For deepwater development, panelists at OTC emphasized the need for scalable technology, the standardization and simplification of projects, patient capital investment in innovation, greater collaboration, and new perspectives coming from outside the industry.
Disruption on the Horizon: OTC d5 Presents Thought-Provoking Visions of the Future
Presentations at OTC's d5 event included discussion about the impact of industry disruption, the need for innovation, learning from technology failures, and how diversity contributes to success.
IHS: Markets Will Begin to Balance Next Year
The next couple of years for the oil and gas industry are likely to be defined by mediocre prices. “It is going to take a long time to get back to the good old days," said Atul Arya, senior vice president of IHS Energy, during OTC.
Wind Could Be Pushing Offshore Oil Production
Wind power via floating turbines could be used to pump oil from remote offshore fields in the way windmills were once used to pump water from wells in arid West Texas.
How Mexican Energy Reforms Have Affected the Service Sector
Of all the attention generated over the opening of the Mexican oil and gas sector to the outside world, one consideration has been largely left out of the discussion: What does it all mean for service companies?
OTC Asia Sessions Discuss Region’s Role in Price Downturn, Recovery
Representatives from various national oil companies, multinational operators, service companies, and fabricators discuss the roles individual countries in the Asia Pacific region will play in the global oil market and the overall development of the region.
OTC Asia Highlights Industry Achievements
More than 15,000 energy professionals representing 2,500 organizations and 60 countries gathered from 21 to 25 March in Kuala Lumpur for the Offshore Technology Conference (OTC) Asia.
OTC Names Winners of Spotlight on New Technology Awards
The OTC 2016 Spotlight on New Technology awards recognize innovative technologies and allows for companies to show the latest advances in offshore exploration and production.
OTC Offers Top Forum for Ideas To Help Industry Move Forward
With the outlook for the oil and gas industry very much unsettled, the Offshore Technology Conference (OTC) will offer global energy professionals a world-leading forum for obtaining the in-depth knowledge of scientific and technological advances and innovations to meet today's challenges.
Upstream Opportunities in North Africa Depend on Advanced Technical Knowledge
The SPE North Africa Technical Conference and Exhibition held in Cairo in September highlighted the upstream sector with a focus on Egypt and the opportunities offered in the region, despite its economic hardships and geopolitical risks.
ATCE Review: Conference Looks to Brighter Future Amid Challenging Market
More than 13,500 oil and gas professionals gathered at SPE’s Annual Technical Conference and Exhibition (ATCE) on 28–30 September in Houston, making it the second highest-attended ATCE.
ATCE Review: Future of Automated Rigs Requires Better-Trained Drillers
While there is talk about automation killing jobs, the reverse appears more likely as rigs have evolved to drill more difficult wells. Drilling automation will require more and better training programs to take full advantage of the technology.
ATCE Review: Outside Technologies Bring Risks, Rewards to Oil and Gas
One of the hottest topics in the oil and gas industry is how to take advantage of new and exciting technologies developed for other business sectors.
Offshore Europe Review: North Sea’s Problems Driving Push For Change
The global industry is feeling the pain of the oil price plunge, but the UK feels it more acutely. Exploration drilling is at rock bottom levels, the offshore UK Continental Shelf is one of the world’s most expensive from which to produce a barrel of oil, and investment spending is expected to fall.
Offshore Europe: Statoil North Sea Discovery Moves Toward Production
Statoil is going to work to put its enormous Johan Sverdrup discovery into production, showing that even one of the most explored parts of the North Sea still has significant potential.
Offshore Europe: Thinking Differently is Easier Than Doing Differently
There is no shortage of ideas for reducing the cost and risk of offshore oil and gas developments. The hard part is implementing them in an industry where they require changes in long-standing habits, corporate cultures, and some new technology.
Offshore Europe: Endgame in the North Sea Inspires Creative Thinking
In a down market, plugging and abandoning North Sea wells looks like an opportunity. The cost for operators is reduced because the government is paying more than half of the cost of the work, and many service companies hungry for work are offering discounts.
Shale Industry Needs to Look Within for Solutions That Save
At the recent 2015 Unconventional Resources Technology Conference, a major theme was how companies can improve performance without increasing the size of their budget.
Search for Elusive Sweet Spots Is Changing Reservoir Evaluation
The pursuit of sweet spots in unconventional oil and gas plays is driving the creation of an emerging set of data-driven systems to measure, map, and predict how wells will perform in unconventional reservoirs.
Unconventional Resources Will Require Unconventional EOR
The Bakken Petroleum System, which includes the Bakken and Three Forks shales in North America, is estimated to hold as much as 900 billion bbl of original oil in place.
Unconventional Rock Defies Old Rules, but New Rules are Far From Being Ready
The label unconventional oil and gas stubbornly hangs on because these formations cannot be understood using the rules of conventional petroleum engineering.
2015 ATCE: Meeting Tomorrow’s Energy Demand
The 2015 SPE Annual Technical Conference and Exhibition (ATCE) will be held at the George R. Brown Convention Center in Houston on 28–30 September.
Offshore Europe Chairmen Share Views on Industry
The SPE Offshore Europe Conference and Exhibition, the largest upstream oil and gas conference outside of North America, will take place in Aberdeen on 8–11 September.
A Day’s Worth of Ideas on Change and Changing
Imagine a machine that could make an automaker competitive by speeding product development, help a jet engine maker create unique parts for more efficient turbines, and allow a baker to quickly create a picture-perfect 3D replica of a flower made of sugar.
OTC Highlights Technical Challenges, Effects of Oil Price Volatility
The effects of oil price volatility on operators and service companies, technological advances, safety and environmental risks, economic and regulatory impacts, and sustainability were highlighted in the sessions and discussions during the annual Offshore Technology Conference.
Corporate Social Responsibility Vital to Industry Operations
Corporate social responsibility (CSR) programs are a critical part of oil and gas project development. As companies continue to work in more densely populated communities, they have become better at working with local authorities to protect the interests of the people their operations affect.
Offshore Europe To Address Next Generation of Talent, People-Related Challenges
The biennial SPE Offshore Europe Conference and Exhibition will take place in Aberdeen under the theme, “How to Inspire the Next Generation,” to attract talent into the industry.
MEOS 2015: Innovation, Collaboration Keys to Navigating Downturn in Oil Price
Managing the business amid the downturn in the price of oil and overcoming the challenges facing the industry topped discussions during the 19th annual Middle East Oil & Gas Show and Conference (MEOS), held in Manama, Bahrain, in March.
HSE Conference Finds New Ways To Bring Experts Together
Nearly 350 people gathered at the Omni Interlocken Resort outside of Denver for the 2015 SPE E&P Health, Safety, Security, and Environmental Conference—Americas. The conference carried the theme “Striving for HSE Excellence—It Takes All of Us.”
SPE/IADC Conference Challenges Drilling Industry To Adapt to New Challenges
Each year, the SPE/IADC Drilling Conference and Exhibition provides a place for producers, contractors, and service company professionals to meet, discuss, evaluate, and share ideas to advance drilling operations around the world.
ADIPEC: Oil Price Decline Won’t Affect Long-Term Strategy
The decline in oil prices will not affect the long-term strategy of national oil companies in the Middle East, ministers and senior executives said at the opening of the 30th edition of Abu Dhabi International Petroleum Exhibition and Conference (ADIPEC) held in November.
Revitalizing Mature-Basin Liquids-Rich Plays: Tactics, Techniques, and Technology
The message of learn, strategize, persevere, and optimize highlights the SPE Liquids-Rich Basins Conference held in Fort Worth, Texas. The presentations on US basins may yield insight into tackling onshore unconventional plays in other parts of the world.
SPE Annual Conference Highlights Global Challenge of Energy Sustainability
More than 7,500 oil and gas professionals and 350 exhibitors gathered for the 2014 SPE Annual Technical Conference and Exhibition on 27–29 October in Amsterdam, the second time the conference has been held outside the United States.
The SPE Leadership Academy: A New Training Initiative
The SPE Training and Member Programs departments took on the task of creating an intensive and industry-specific means to help spur the development of leadership abilities particularly of younger E&P professionals.
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