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.
Rising Jobs for Drilling and Completions Offer a Bit of Hope in a Brutal Market
Optimistic talk about oil prices offers encouragement to those who have been looking hard for jobs in the E&P industry.
Lingering Global Oil Bust Will Lead to Lasting Changes
Predictions of a 2016 recovery in the exploration and production (E&P) sector became increasingly rare after 2015 ended with a thud as oil prices sank below USD 40/bbl.
Petroleum Engineering Graduation Rate Exceeds Demand
Petroleum engineers have sophisticated, precise equations to help predict and control what flows out of wells. But when it comes to the number of trained engineers in the world, guesswork is required.
So Many Jobs Have Been Cut It Is Hard To Count Them All
The impact on workers from the global downturn is so large it is difficult to track. At the high end of the job loss estimates is John Graves, owner of Graves & Co., who estimated the number of jobs lost in the oil and gas industry at more than 250,000 at year end, and rising.
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