Chapter 1: In the Storm
Most of you reading this are thinking, okay, he’s SPE President, he must know something I don’t know, see something I don’t see, etc. The truth is we are all in the same storm of pandemic+economic crisis=chaos.
SPE Strong: Getting Stronger
I am both sad and joyous that this will be my last JPT column as your SPE President.
Strengthening the SPE Conference Experience
Of all the programs that SPE offers, the most rewarding and enjoyable ones for me personally are the conferences. I love walking the floor of an exhibition hall, discovering the latest technology advancements, and listening to the various product demonstrations.
Strengthening Our Core Disciplines
From the beginning, SPE has focused on knowledge dissemination in four fundamental areas, which I refer to as the core disciplines: drilling, completions, reservoir (including geosciences), and production operations.
SPE Staying Strong
No company or organization could have predicted our industry would be facing a viral pandemic, coupled with oil prices at their lowest levels in almost 2 decades. This is a time to put our heads together and come up with a new plan. This is what oil and gas does best.
There Is No Silver Bullet: Strengthening the Fundamentals
This month’s column is dedicated to technology evaluation, an area where I have spent the majority of my career.
Strengthening Knowledge Transfer in Unconventional Resources
As an industry, we need to eliminate the mindset of “if it is not invented here, it won’t work.”
The Influential Yet Delicate Balance of Mentoring
One of my focus areas as SPE President is strengthening the feedstock of incoming talent into our industry.
Strengthening the Feedstock of Incoming Talent for the Oil and Gas Industry
In my first column of the new year, I want to discuss my focus area of Strengthening the Feedstock of Incoming Talent because I believe that our industry needs a change in direction in order to succeed with this ambitious goal.
Strengthening the Tools and Methods We Use To Disseminate Knowledge to Members
“To collect, exchange, and disseminate technical knowledge” are not only the first seven words of SPE’s mission, but also what our society has excelled at over its storied history.
Strengthening the Quality of SPE’s Technical Content
Our Society has a wealth of technical content, and it is rapidly growing.
Reinforcing Core Strengths, Delivering Membership Value
SPE has always been strong and provides great value. I am one of those people who believes we can always be better.
One Year of Sustainability Is Not Enough
I cannot believe that a year has passed since I was inaugurated as SPE president in Dallas last September. My term has passed at the speed of light.
Corporate Social Responsibility—A Source of Industry Pride
The SPE Strategic Plan 2018–2023 calls for claiming pride in our industry’s higher purpose, that of supplying energy to meet the needs of humanity.
What If You Had No Modern Energy? The Realities of Solving Energy Poverty
A lack of access to electricity has ripple effects across many aspects of people’s lives, health, and safety.
Circular Economy: A Sustainability Innovation and Solution for Oil, Gas, and Petrochemical Industries
The developed world must no longer tolerate the buildup of mountains of waste while other places in the world, especially in underdeveloped countries, lack access to energy, food, clean water, and clean air.
Oil and Gas Sustainability in Action
Putting SPE’s revised vision into action mandates extensive collaboration and effective engagement with a wide range of internal and external stakeholders.
The Technology Arm of Sustainability
The oil and gas industry faces three key questions with regard to sustainability.
The Role of R&D in Energy Sustainability: Global Oil and Gas Supply Security and Future Energy Mix
A key component of sustainability is human lifestyle—meeting not just the basics, but for all people to have the opportunity to grow, develop, and prosper.
Recognizing Sustainability Excellence in Oil and Gas
The term sustainability is widely used. Unfortunately, when applied to hydrocarbon energy sources, it is often mentioned in a negative way. Too often, the focus is on reducing the use of hydrocarbon fuels, or measuring the emissions resulting from burning of hydrocarbon products.
What Does Sustainability Mean for Oil and Gas?
While oil and gas are finite, not “renewable” resources, they are still crucially important to building a more sustainable world and will play a major role for a very long time, not only for global economic growth but also for global social development and human lifestyle enhancement.
SPE’s New Strategic Plan—Emphasizing Pride in What We Do
It is an honor for me to serve as the SPE president for the next 12 months. Without hesitation, I knew that I would devote my year as president to a theme related to energy sustainability.
Oil and Gas Industry: Bringing Prosperity and Happiness to the World
Saudi Arabia has evolved in a very short time to be one of the top developing countries, one of the top 20 global economies, primarily because of oil and gas.
Interview With 2019 SPE President Sami Alnuaim
2019 SPE President Sami Alnuaim shares the main goals for his presidency, and thoughts on the role SPE can play in empowering members during the industry recovery.
Thank You, It's Been a Great Ride
My year as your SPE 2018 president. Wow. One hundred twenty-four speeches and counting, 39 countries visited, millions of excited volunteers (estimated from good feelings that I have had).
Of Promoters and Promises
It may not seem intuitive, but engineers need to understand financial matters, and that’s where SPE comes in, with connection opportunities to places other than your technical discipline.
Volunteerism—The SPE Strength That Lets Me Sleep Soundly at Night
We have a strong future, thanks to hardworking young members.
Herding Cats Along the Strategic Roadway
The SPE International Board is an amazing group representing an even more amazing group—SPE membership. We really are passionate volunteers. Sometimes chairing this board can be daunting. Occasionally it is like herding cats.
Respect Your Elders
As the SPE 2018 President, I set a goal to revisit the SPE strategic plan, which was last updated in 2013.
Incubation and Adoption of Small Things
My goal is to support small producers and tech providers. Cautionary note: If you work for a huge corporation and feel there is no need for little, pesky innovators, please stop reading this article now.
Why the Fracturing Craze?
Did you know that fracturing is not permitted in parts of the Middle East? And it has been that way for a long time.
SPE Membership—The Best Money You Will Ever Invest
Investing in an SPE membership is an investment in your professional career. The benefits include discounts for meetings, webinars, and OnePetro technical paper downloads.
Here’s to the “Typical” Member
The one thing that let me to excel in my career was my SPE involvement, and it made the difference between drudgery and enjoyment.
Don’t Kill the Chickens, Build Community Consensus
We hear the term “social license” a lot. We have created a new term that people can hide behind and debate endlessly. I believe that we need to take it to the broader level and rethink how we do our work and achieve "community consensus."
The Woman Question
It’s not just my opinion that the oil industry is significantly harder on women than most other industries; studies prove it. Development of people should be an accountable metric for all business leaders. Visible metrics and accountable leaders can change the face, literally, of our industry.
Bringing Light to Africa
Many new developments in African exploration and production hold tremendous potential to bring more energy and prosperity to the continent—and shine a light of affordable, abundant energy.
Going Deep: Is Deepwater Experiencing a Resurgence?
Saudi Arabia, the Permian Basin, and global deepwater areas have vastly different futures predicted. Is it time for a deepwater renaissance?
Climate Change and SPE
Last year, SPE created a task force to study the topic of climate change and to determine if a public position statement should be created. After a year-long review, it recommended that we not develop a statement on climate change, which was accepted by the SPE Board of Directors in March.
Decommissioning and Footprint Reduction
When companies are rewarded for short-term performance, there is little incentive to deal with long-term risks such as decommissioning. It’s so much easier to leave it for the future; but increasingly, that future is now.
Joining Forces for Sustainable Communities
Global, multinational companies often make commitments for local infrastructure as a condition to do business in host countries.
President's Column: Talent Everywhere
SPE President Janeen Judah writes, "When the upturn occurs—and it will happen—are we ready to move forward with a next-generation workforce?"
Following my theme for the year on risk and reward, this month’s column looks at how partnerships affect the risk/reward balance. Our industry is full of partnerships—it’s how we share the risk in a very risky business.
Following my theme for the year on Risk and Reward, let’s think about how disruptive technologies alter the risk/reward balance.
To Be Leaders of Integrity, We Must Earn Trust
Our reputation is earned. The public has high expectations, and we must strive to deliver perfection in our operations.
Big Data and the Next Big Thing
SPE presidents are asked a lot of questions, and I suppose that’s true of anyone who stands in front of an audience as an authority figure. But my favorite question is: What’s the Next Big Thing?
Mitigating Risks To Improve Project Results
Ours is a risky business, and that is what makes it fun and challenging. Risk also drives the big rewards when what we do pays off. Mitigating risk of many types is the very core of what we do on a daily basis.
Oil industry leaders have a long tradition of philanthropy, just one more way our industry serves the public good. SPE, both as an organization, and through our volunteers, also finds ways to give back to our communities and the public.
Saudi Aramco's Manifa field demonstrates that our industry can operate in harmony with the environment. Industry needs to minimize the impact of drilling and producing unconventional resources.
Quality: Why Is It So Important Now?
We must deliver the affordable energy that society expects of us, and we must deliver it reliably, safely, and with flawless performance. Quality is not a luxury; it is essential.
Hope Is Not a Strategy … But Without Hope, There Is No Strategy
A great benefit of being the SPE president is the chance to interact with students and young professionals around the world. Many are anxious about the future. I have been asked if this is the worst time ever in the oil business, a question that made me smile.
Sustainability and the Role of Petroleum Engineers
Some think oil and gas have little role in a sustainable future; global realities suggest otherwise. How is it that a finite energy resource and a source of greenhouse gas emissions can be part of a sustainable future?
Social License To Operate
There is widespread acceptance that extraction industries—including oil and gas—improve people’s lives and enable the economic growth of countries. However, at the project level, this acceptance is neither automatic nor unconditional.
The Case for Hydraulic Fracturing
I am disappointed to see public opposition to hydraulic fracturing, because I think, for the biggest part, it is unfounded. It would be inaccurate to deny that there can be problems. But an objective look reveals that its benefits far outweigh its potential risks.
The Grand Challenges for Engineering
The first brief flight at Kitty Hawk in 1903 did not immediately make the Wright brothers famous; however, within 5 years, enthusiasm for the new technology began to spread around the world.
The Perfect Day
What constitutes a perfect day? It depends.
For the Public Benefit
What is the mission of the Society of Petroleum Engineers (SPE)? Why do we collect, disseminate, and exchange technical knowledge?
What You Do is Important
Improving people’s lives is what we do as petroleum engineers, so it is an important theme for us. Oil and natural gas production raises the standard of living of people throughout the world.
2016 SPE President Nathan Meehan
Nathan Meehan is senior executive adviser at Baker Hughes, where he advises executive management on reservoir and geoscience issues.
Invited Perspective: Switch: Coming Your Way
This is my last JPT column as your 2015 SPE President. Come end-September at the Annual Technical Conference and Exhibition (ATCE) in Houston, you will witness “the switch” to 2016 SPE President Nathan Meehan. There is another, much slower switch going on as well.
Invited Perspective: The Notion of a Carbon Bubble
Q&A with Eirik Wærness
Invited Perspective: Another World’s First From The NCS: Subsea Gas Compression Is Here
Questions posed by 2015 SPE President Helge Hove Haldorsen; Answers provided by Rune Mode Ramberg
Invited Perspective: Reservoir Modeling Today and Tomorrow
I had the opportunity to discuss the state of the art and the future of reservoir modeling and reservoir performance forecasting with one of the finest members of the reservoir engineering profession, professor Larry W. Lake, of the University of Texas at Austin (UT).
Invited Perspective: The Outlook for Energy: A View to 2040
Questions posed by 2015 SPE President Helge Hove Haldorsen.
Invited Perspective: Making Decisions 2.0
What is more integral to the exploration and production (E&P) business than making decisions? In many ways it is the essence of business.
Listening Loudly to Our Members and Our Industry
SPE is unique by design. It is global, it is not-for-profit, it exists for the benefit of its large and diverse membership of 143,000 and the technical content of SPE’s programs is developed by its members.
Invited Perspective: E&P Portfolio Modeling 2.0
The three Ps that successful companies get right are: people, portfolio, and performance. And you cannot have one without the other. Great people select great portfolios and great portfolios deliver great performance.
E&P Challenges and Opportunities: Rhapsody in “C”
In this column, I will describe the challenges and opportunities that our members and the exploration and production (E&P) industry face.
Cutting Rocks—With A Huge Sense of Purpose
What does a sense of purpose have to do with anything, you may ask? The exploration and production (E&P) business is about rocks, rigs, and remotely operated vehicles (ROVs).
Q&A: 2015 SPE President Helge Hove Haldorsen
The Statoil executive speaks about SPE's main challenges in meeting the needs of a growing global membership, his chief goals as president, and what fuels his passion.
State of the Society
This is my final column and I will use it to update you on the state of the society in the context of my goals for the year and the status of the strategic initiatives adopted last year by the SPE Board of Directors.
Frontiers in Technology Dissemination
I must write my final column, before next month’s recap, on the most fundamental mission of SPE, our core purpose, our raison d’etre: the dissemination of technology.
One of the personal objectives I took as president was to increase the extent in which SPE collaborates with other professional societies and other industries.
Focus on the Subsea
Over the past 6 months, I’ve talked about several emerging geographic and technology frontiers in the oil and gas industry. One of the most exciting and prolific emerging technology frontiers is also geographic in a way—the seafloor of deepwater basins around the world.
The Progression of the SPE Strategy
As you may remember, SPE adopted a new Strategic Plan in March 2013. Since then, the Board committees and several Board-level work groups have been examining high-priority initiatives.
Focus on the Caspian
For my fourth column on emerging oil and gas frontier regions, I want to focus on the area surrounding the Caspian Sea, the world’s largest inland water body and one of the oldest oil-producing regions.
Trends in Capability Development
This month I want to discuss what has recently become a very popular topic among both industry and academia—developing our talent.
Focus on Myanmar
In this third column on emerging geographic frontiers, I want to focus on what may be the fastest developing country in the Eastern Hemisphere—politically, demographically, and certainly from the standpoint of upstream oil and gas.
“Big data,” once only the concern of database geeks or a marketing technique among retailers, is now part of our mainstream consciousness and vocabulary.
The Arctic Frontier
One of the oil and gas industry’s most talked about emerging frontiers—but perhaps least understood in terms of familiar metrics—is the Arctic region.
Keeping Up With Emerging Communication
In this first article on technological frontiers, I will focus on the ways in which modern knowledge-transfer avenues are impacting the industry and, more specifically, SPE.
Focus on East Africa
Over the next year, I will use this monthly column to offer my thoughts on emerging frontiers—geographic as well as technological.
2014 SPE President Jeff Spath
Jeff Spath is a member of the Schlumberger executive management team as vice president of industry affairs and the 2014 SPE President. He will take office during the 2013 SPE Annual Technical Conference and Exhibition.
Volunteerism in SPE
This is the last column I will write before the end of my tenure, and I could not think of a better subject to discuss than volunteerism in our global society.
Innovations in Subsea Completions
The demand for more and more oil and gas has prompted the industry to seek new areas of hydrocarbon deposits, and the development of subsea completions has kept pace.
SPE Unveils a New Strategic Plan
By all objective measures, SPE is a very successful organization. Our membership, which has become increasingly global, has more than doubled in the past decade. The number of conferences and workshops has increased without compromising on quality.
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19 October 2020
26 October 2020