August 2018 | Volume 70, Number 8
Is the Permian Barreling Toward a Breaking Point?
Permian oil output is growing fast, pipeline capacity is full with little relief in sight, truck drivers are in short supply, and the value of basin-produced crude is sinking. Is a drop off in activity—including drilling and production—becoming inevitable?
A Carbon Tax Would Be Good for the E&P Industry
Globally, a growing number of the general public and decision makers appear to have the opinion that climate change caused by greenhouse gases is likely. The E&P sector has the competencies and capabilities to develop mitigating solutions.
In the Battle Against Frac Hits, Shale Producers Go to New Extremes
The rise of cube developments in the Permian Basin has introduced a new way of thinking for some of the region’s biggest players.
Legends of Artificial Lift
The 2018 Legends of Artificial Lift are announced. Recipients will be honored at the 2018 SPE Artificial Lift Conference and Exhibition to be held in The Woodlands, Texas.
Rapid Evaluation of Development Ideas Has Engineers Thinking: What If?
A software program has evolved from predicting future well output to showing engineers the many ways their ideas could affect asset performance.
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.
Someday Soon, a Computer Will Do the Report for the Morning Meeting
When the drilling crew arrives for the morning meeting, the computer will have generated its daily operations report.
Seismic Stimulation: An Eco-Friendly, Effective EOR Alternative
Seismic stimulation, achievable with the implementation of a single tool, requires significantly lower investments than gas, thermal, and chemical injection methods, with minimal environmental impact.
Emmanuel Egbogah - In Memoriam
01 August 2018
Emmanuel Egbogah, former SPE Africa Regional Director and Honorary Member of SPE, died 18 June. He w.......Read More
05 July 2018
Mike Diehl, SPE, was appointed sales manager at Ashcor. He will oversee business development efforts.......Read More
GE To Spin Off Baker Hughes
GE announced today that it is spinning off Baker Hughes in its strategic plan for growth and shareholder value creation. It plans to focus on aviation, power, and renewable energy.
Equinor Releases Subsurface and Production Data From NCS Field
The Norwegian operator’s disclosure marks the first time all subsurface and production data from a field on the NCS will be available for public viewing.
ExxonMobil’s Eighth Discovery off Guyana Adds Another Development Possibility
Already poised to produce more than 500,000 B/D offshore Guyana, ExxonMobil added yet another discovery to its bounty in the emerging regional oil powerhouse, meaning a fourth development phase could be in order.
The Big Unknowns for World’s Balancing Act of Supply and Demand
Prices are up, and so is production. But a new report from BP raises important questions as to how the biggest producers will respond to shifting dynamics.
Equinor, ExxonMobil Rack up More Brazilian Presalt Acreage
Equinor and ExxonMobil continued their aggressive pursuit of acreage offshore Brazil, collecting more blocks in the country's 4th pre-salt bid round.
Shouxiang (Mark) Ma
Senior Consultant, Saudi Aramco
Chris Carpenter, JPT Technology Editor
Director of HSE, Athlon Solutions
Health, Safety, and Environment
Earlier this year, SPE published the technical report “Getting to Zero and Beyond: The Path Forward,” representing the work of hundreds of oil and gas professionals and their thoughts on how we can achieve an injury- and incident-free workplace. The first paper summarizes the report’s findings.
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ON THE COVER
2018 SPE President
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