Production Cuts Not Enough To Offset Plummeting Prices, Oversupply of Natural Gas
For an industry once fueled by the law of supply and demand, the new economic reality has brought new rules.
Saudi Arabia/Kuwait Neutral Zone Resumes Production
The joint oil field had been offline since 2015, due to an operational dispute.
Study of DUCs Concludes Better Later than Never
Average production from Bakken wells completed more than 3 years after they were drilled was approximately equal to wells drilled a year before they were put into service, according to a study by the US Energy Information Administration.
Halliburton’s Chief Data Scientist Speaks on Analytics Projects That Are Solving Big Problems
The oil and gas industry has a lot to gain from the adoption of big data analytics as recently highlighted examples from major service company Halliburton demonstrate.
SPE Technical Directors Think Cooperatively: Working Outside the Lines
SPE’s technical directors are focused on problems that require working outside the bounds of their discipline.
New Organization Finding Ways to Extend the Life of Deepwater Fields
Angola’s Block 17 is nearing the end of one era of development and the beginning of its next.
A Long-Term View From Multiple Angles
A condensed version of what is on the minds of SPE’s technical directors is: The industry needs multidisciplinary, data-driven ways to adapt to what is ahead, focus on what is critical for decision making, and take a long view as another generation takes over.
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04 August 2020