A growing number of oil industry leaders are saying that data sharing across the industry is needed, but change is coming slowly. Could 2019 be a bumper year for offshore energy development? The very first fracturing job used sand scooped from a nearby river. After decades of buying sand based on tight size standards, unconventional operators are increasingly going back to a broad range of sizes, similar to that river sand. There is every reason to believe that enhanced oil recovery through huff-and-puff injections in US tight-oil plays could be a technical success across large numbers of wells.
The Nico van Wingen Memorial Graduate Fellowship in petroleum engineering is supported by the SPE Foundation. All award recipients are nominated by the SPE Student Chapter Faculty Advisor or Department Chair. Up to two awards are given in the amount of USD 5,000 each per year, for up to four years. Must be an SPE member at an official student chapter Must be at the Ph.D. level Must intend to pursue a career in academia If awarded, recipients must submit annual confirmation from advisor showing progress and a justification for renewal. After completing the nomination form, you will receive an electronic confirmation.
In 1957, the organization was officially founded as SPE, a constituent society of AIME. SPE became a separately incorporated organization in 1985. Our history begins within the American Institute of Mining Engineers (AIME). AIME was founded in 1871 in Pennsylvania, USA, to advance the production of metals, minerals, and energy resources through the application of engineering. In 1913, a standing committee on oil and gas was created within AIME and proved to be the genesis of SPE.
How oil prices affect the economies of countries differently. Sustained rapid economic growth has made China and India increasingly important in the world economy. The accompanying surge in energy demand from these two countries has been a factor in recent oil price increases. Young professionals offer their opinions on these opportunities and threats.
Full-year 2017 and fourth-quarter financial results show an improving picture for the industry’s three largest oilfield services companies. After 3-plus years of cutbacks, the service sector outlook has turned relatively positive. More than 10,000 global industry professionals are expected to attend the SPE Annual Technical Conference and Exhibition (ATCE) from 9–11 October in San Antonio, Texas.
The Supreme Court of Canada has unanimously clarified several features of the crown’s duty to consult with and accommodate indigenous populations before project approvals are granted. The City Council of Lafayette, Colorado, on 17 January voted to table an anti-hydraulic-fracturing ordinance that could impede oil and gas development within Lafayette through sanctioning acts of civil disobedience and nonviolent protest.
When the head of Libya’s state energy company visited Sharara oil field in early July, community leaders and workers crowded into a conference room to ask about jobs, training, and services for local people. Public acceptance is a major challenge for the siting of facilities. The offering of compensation to communities potentially helps to create the perception of a fairer distribution of local risks and nonlocal benefits. This may help to prevent or solve siting controversies. Anadarko Petroleum said late on 30 June that it has tested more than 4,000 active oil and gas lines and plugged another 2,400 inactive ones per a state order issued after a fatal home explosion in Firestone, Colorado, in April.
The Mexican government continues to update its environmental regulations as authorities prepare for the first exploration and production (E&P) auction to feature blocks with unconventional oil and natural gas resources. The oil industry will be able to draw water from the Little Missouri State Scenic River for hydraulic fracturing after North Dakota officials lifted an 8-week-old moratorium on industrial water permits, raising concerns from some conservationists about the effect on the Badlands.
The Mexican government continues to update its environmental regulations as authorities prepare for the first exploration and production (E&P) auction to feature blocks with unconventional oil and natural gas resources. As interest in unconventional resources has grown in Europe, so have concerns about the potential environmental impacts of their development.