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The amount of oil and gas resources approved for development last year surpassed 20 billion BOE, the highest level seen since 2011. Telltale signs have emerged that we are entering a new offshore investment cycle. The project aims to contribute an estimated ultimate recovery of more than 175 MMboe from one of the company’s signature deepwater projects in the US Gulf of Mexico. Following a 42-day journey from Singapore, the Liza Destiny has arrived at the Stabroek Block offshore Guyana, where it is expected to produce up to 120,000 gross boe/D from the ExxonMobil-operated deepwater project upon startup. Phase 1 production from the deepwater US Gulf of Mexico field is expected to reach 30,000 BOPD.
The use of data-intensive decision making and smart risk-management solutions has resulted in the improvement of the ethical foundations underlying the industry. These digital tools and machine-based cognitive processes for risk-avoidance have also helped restore the public’s trust in the industry. A technical sales pro risks losing a sale by trying to make a recommendation that is not in line with the customer’s request. But he or she is ethically obligated to make the recommendations that best address the customer’s needs even if the customer asks for a different product. Recent investigations underscore the importance of understanding the US Foreign Corrupt Practices Act, for both US and non-US companies.
History of SPE 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.
An analysis of existing wells in the Martin Linge field, conducted by Equinor when it took over as operator from Total, revealed that several did not have sufficient barriers, leading the company to plan new wells to ensure safe operation. The oil and gas sector has always been inherently risky. No matter how far mitigating efforts go or by how much technology improves, it is unlikely that risk will be removed entirely anytime soon. That being said, the sector has made huge strides in recent years to better protect those who serve it. Lloyd’s Register has partnered with STC Global to create an artificial intelligence tool expected to provide insight from incident data captured by HSE functions but left untapped. There has been an increased number of major accidents at industrial facilities globally as many have come back online post-lockdown. Major oil and gas trade groups expressed confidence in their readiness for a busier-than-usual hurricane season in 2020, even with added logistical considerations stemming from the coronavirus pandemic. The complete paper describes a service company’s approach to the development and application of technology and innovative solutions to improve driving performance on the basis of extensive data analysis. The complete paper discusses Equinor’s operation planning tool, developed to present planners with the technical conditions of a platform, identify potentially dangerous combinations of concurrent activities, and propose learnings from 8 years of incident recordings.
The Technical Programme Committee of APOGCE 2021 invites you to submit a paper proposal and contribute to this flagship event. A proper review of your paper proposal requires that it contain adequate information on which to make a judgment. Download our instructions guide to assist you with preparing your paper proposal. The paper proposal should have the necessary clearance before it is submitted to APOGCE 2021. Prospective authors should advise of any clearance problems when the paper proposal is submitted.
In March, the SPE Board of Directors established the first SPE major award in more than 50 years. While NASA is working aggressively to meet its near-term goal of landing the first woman and next ma... Twelve SPE sections have been awarded the 2020 SPE Presidential Award for Outstanding Section, the h... The SPE Port Harcourt Section won the Ambassador Lecture Program (ALP) Outstanding Achievement Award... The Offshore Technology Conference (OTC) announced the inaugural OTC Emerging Leaders program, which... The SPE International Women in Energy (SPEI WIN) Committee was launched as an SPE standing committee... To promote gender diversity in the upstream oil and gas industry, the SPE Women in Energy (WIN) Stan...
SPE Connect discussions are a lot of fun, well worth the time one invests, and who knows where it may lead you. The SPE eMentoring program can help boost your confidence about your next step in the industry and help achieve your career goals. Small plastic cups filled with different colors of sand. These elements may sound like items on a scavenger hunt list, but with Energy4me they can upcycle and help students track down a career in engineering. The SPE Women in Energy committee works to create opportunities for women to enable them to step into leadership roles and pursue their career goals.