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LATEST NEWS
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.
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.
ExxonMobil Makes 10th Discovery Off Guyana, Lifts Resource Estimate by Another Billion Barrels
The Pluma-1 discovery could turn the southeast portion of Stabroek Block off Guyana "into a major new development area," the company says.
BHGE Hopes New Approach Makes Subsea Projects More Viable
The firm hopes to remedy the cost-, labor-, and time-intensive process of executing offshore projects through deployment of “Subsea Connect,” which it says can cut project development costs by 30%.
SPE's New Publications
SPE is launching a new online publication and newsletter on data science and digital engineering and a new monthly newsletter on the unconventionals oil and gas sector.
MONTHLY FEATURES
Permian Pulse: Using Satellite Imagery Analytics To Track the World’s Busiest Oil Play
Companies are bringing satellite monitoring to the unconventional oilfield—namely the Permian Basin—where they are training machine learning models to track and predict drilling and completions work.
Fighting Water With Water: How Engineers Are Turning the Tides on Frac Hits
If the shale sector’s most complex problem can be solved, it will require companies to use their wells as a team. Newly detailed field work shows that a good defense is the key to success.
TECHNOLOGY
Mitigation of Wellbore Instability and Mud Losses in High-Depletion Wells
Operators face a dilemma in balancing the need for mud weight (MW) to remain below the fracture gradient to avoid losses, while also providing sufficient density to block influxes into the well.
How Close is too Close? Well Spacing Decisions Come With Risks
The ideal well spacing is in the eye of the beholder. The decision depends on so many factors that machine learning is now trying to determine the best combination of ingredients.
JPT Technology Minute Poll: Which Technology Would You Choose for Offshore Compression?
If you could only choose one of these technologies with which to optimize your next offshore compression, which would it be?
Looking Inside the Well: An Interview With Visuray CEO Kambiz Safinya
Visuray is using its unique X-ray technology to improve downhole imaging.
TECHNOLOGY FOCUS
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Graham Mensa-WilmotSenior Adviser for Drilling Engineering, Chevron |
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Ted FrankiewiczEngineering Adviser, SPEC Services |
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PRESIDENT'S COLUMN
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Sami Alnuaim2019 SPE President |
PEOPLE
Bob Gwin
19 November 2018
Photo: Bob Gwin. Anadarko Petroleum Corp. announced several cascading financial leadership changes:...
....Read More
Steve Gray
05 November 2018
Steve Gray was appointed a member of Range Resources’ board of directors. The appointment was mutual...
....Read More
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