Concentrations of carbon dioxide in the atmosphere surged at a record-breaking speed in 2016 to the highest level in 800,000 years, according to the World Meteorological Organization's Greenhouse Gas Bulletin. The abrupt changes in the atmosphere witnessed in the past 70 years are without precedent. The Netherlands will reduce production of its Groningen gas field by 10% from October to limit the risk of earthquakes, the country’s economy minister said in a letter to parliament on 18 April.
Leading voices in the oil and gas industry looked at key market changes, the regulatory and political climate, and potential business model disruptors in a wide-ranging panel discussion at the recent Houston Energy Breakfast. A new report notes significant shifts occurring in the E&P industry and urges oil and gas companies to increase the pace of innovation and rethink their business models.
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.
SPE’s Annual Technical Conference and Exhibition (ATCE) in Dubai was a huge success, having seen 7,500 industry professionals from 91 countries passing through the doors of the Dubai World Trade Centre. Thank you for attending ATCE 2016 in Dubai and we hope to see you next year in San Antonio. Attend the foremost technical conference in oil and gas exploration and production to expand your knowledge and reach. Find out how to be part of the ATCE exhibition including rates, floorplan and how your support impacts the industry. We hope to see you there!
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.