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QatarEnergy’s acquisition of a 30% interest in E&P blocks offshore Lebanon with TotalEnergies and Eni expands the company’s East Med portfolio while enabling the Emirate to help mediate Beirut’s longstanding political and economic crisis.
Namibia, Brazil, and Algeria scored major discoveries in 2022 as the industry drilled fewer exploration wells but found better and larger prospects.
The Offshore Technology Conference has announced the recipients of the 2023 Distinguished Achievement Awards.
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State of Energy report also sees a widening role for natural gas due to robust global LNG demand. -
Environmental report recommends shrinking the Alaska project to three drilling sites from the five initially proposed by ConocoPhillips.
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Offshore Eastern Canada is showing signs of life as new project commitments are firmed up and idled projects roar to life.
Get JPT articles in your LinkedIn feed and stay current with oil and gas news and technology.
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SPE’s Board of Directors approved changes to SPE’s bylaws at their meeting on 21 January 2023. Read about these changes and the process followed in making them. -
Membership rose slightly as industry recovers from the pandemic, while the composition of the membership continues to change.
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A deeper understanding of the roles of individuals in the innovation process is more important than ever as the organizations that make up the industry are being fundamentally transformed. Who are the “explorers” within the sector that are hardwired to deliver tomorrow’s bolder technologies? And who are the “exploiters” that prefer to stick with less‑ambitious innovat… -
The recent Permian Basin earthquakes in Texas are keeping producers, regulators, and service providers busy in their quest to reduce the intensity and frequency of the induced seismic events. -
One of the problems with geothermal is that the rock that is hot enough to create the steam needed to run a power plant is also capable of destroying drilling hardware. -
Satellite imaging of methane emissions offers the fossil fuel industry the empirical data it needs to fix problems that companies might not even know they have before the EPA starts to levy fines in 2024.
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President's Column
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Spending plans announced by oil and gas companies indicate that about 80% of their budgets are directed toward traditional E&P, efforts to reduce emissions and carbon footprints, and sustainable investment in new energy. It is reasonable to expect that with these budget increases, there will be an uptick in the employment of petroleum professionals.
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SponsoredWith many countries pledging to meet net zero targets, companies can seize the opportunity to become leaders in sustainable energy to support those net zero plans. -
SponsoredWhy oil and gas companies can’t get the data they need for production optimization (and how to change that). -
SponsoredBy revealing details at the perforation-level, the application of video-based analytics enables operators detect, understand, and effectively manage production issues at a much earlier stage, leading to more decisive action and significant economic advantage. -
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A big jump in the tax incentives offered for putting CO2 in the ground, hopefully forever, has set off a mad rush to sequester CO2. But is that really the best option?
A critical challenge for those designing carbon dioxide storage sites is predicting where the injected gas will go. One of the only sure bets is to assume that any model of a gas plume that looks symmetrical is likely wrong.
The biggest sand haul ever reported by service provider Enercorp is a reminder that proppant flowback is a mounting challenge for shale producers.
Industry leaders are harnessing the power of data to improve efficiencies, eliminate nonproductive time, and reduce Capex.
The Oklahoma City-based operator struck the first big US shale deal of 2023 as it pivots toward natural gas developments.
Novatek is reporting a 6.3% jump in 2022 LNG exports, driven by Europe which has shunned Russian pipeline gas while increasing its purchases of Russian LNG.
The authors of this paper describe a three-way coupled modeling approach that integrates dynamic, geochemistry, and geomechanics models to obtain cumulative effects of all three changes to evaluate future carbon dioxide storage.
Chevron is "encouraged and excited" after drilling its first successful exploration well in the Eastern Mediterranean block.
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The two companies said they will work together to try to find the best places to develop geothermal energy and advance the necessary technologies to commercial scale.
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Chevron and Occidental plan to launch separate projects to help secure the commercial future of geothermal development in the US.
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The oilfield service giant has identified the nation's potential geothermal sweet spots after analyzing data from more than 7,000 wells.
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