July 2019 | Volume 71, Number 7
LNG at a Crossroads
In its first 50 years, LNG has become the world’s fastest-growing gas supply source and is now part of an upheaval in the global energy market. Today, the sector stands at a crossroads, and the industry must adopt new thinking to address current and future needs of buyers, sellers, and consumers.
2019 SPE Offshore Europe Explores the Industry’s License To Operate
The biennial SPE Offshore Europe conference will explore a diverse set of topics, including the application of digital technologies and preparing for a low-carbon energy future and ongoing work around standardization and decommissioning.
Big Data vs. Diverse Data: Confidential Databases Lack Performance Benchmarks
A study by a real-time monitoring company showed that many coiled-tubing strings are retired with a lot of life left in them. It suggested companies could lower costs by using pipe for a longer time and could benefit from multicompany studies showing how their decisions compare to the competition.
New Distinguished Lecturer Schedule Announced
With speakers from various disciplines and professions, the 2019–2020 Distinguished Lecturer lineup focuses on industry trends, challenges, and technology applications and advances.
Exploring the Innovative Evolution of Hydraulic Fracturing
The evolution of hydraulic fracturing is a long and circuitous one that deserves examination. Engineering and completions leaders from Liberty Oilfield Services did just that, authoring a paper that encapsulates the high points in the development of the groundbreaking completions practice.
Industry Dives into UK’s New Oil and Gas Data Hub
Some 3,000 people and counting intrigued by UK oil and gas data have signed up for access to the country’s new National Data Repository. What motivated the OGA to make the data available to the public, and what can the public do with the data?
Digital Transformation at BP is Starting to Add Up to Billions
Analytics, sensors, and robots are changing the way one of the world’s largest oil and gas companies does business. Underpinning all the new technology though is a shift in how BP thinks, and what it means to be a supermajor in the 21st century.
10 June 2019
Dennis Degner, SPE, was appointed senior vice president–COO at Range Resources. He joined Range in 2.......Read More
10 June 2019
Cudd Energy Services named Gene Sweeney, SPE, director of well intervention and integrity. He will t.......Read More
Eni Tallies Fifth Oil Discovery in Angola Deepwater Exploration Campaign
The Agidigbo find follows the Kalimba, Afoxé, Agogo, and Ndungu discoveries. The five discoveries combined hold an estimated 1.8 billion bbl of light oil in place.
Shell Partners with Startup to Get a Better Taste of the Reservoir
Wireline formation tests are a critical piece of the exploration and appraisal process, yet they come with a degree of uncertainty. The supermajor has tapped a new software developer to see if it can clear things up.
Venezuela Oil Output Sinks to Lowest Level Since Early 2003
The recent production freefall could accelerate even further as US sanctions-related deadlines pass, the US Energy Information Administration said.
Weatherford Plans Chapter 11 Restructuring
Weatherford said it will file for bankruptcy after reaching a deal with its biggest lenders to halve its debt load and provide financing during and after the process.
UK Continental Shelf: Two Big Discoveries and More to Come
Leaders from UK’s Oil and Gas Authority, Total, CNOOC, and Equinor discuss exploration successes, misses, and expectations for the offshore UK.
Chief Production Engineer, Santos
Principal Professional, Saudi Aramco
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ON THE COVER
2019 SPE President
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