JPT: Comments-Editor's Column

SPE.org 

Last year, the SPE Board of Directors approved a new 5-year Strategic Plan, a blueprint to provide guidance on how the association can meet the needs and expectations of its members and the industry over the next several years. Late December/early January is the time of year when industry outlooks are announced, revealing company spending plans, oil price predictions, and potential stumbling blocks. The most recent report from the United Nation’s Intergovernmental Panel on Climate Change and December’s international conference on climate change held in Katowice, Poland, show that the world is not coming close to reaching the targets set in the landmark Paris Agreement of 2015. SPE is launching a new online publication and newsletter on data science and digital engineering and a new monthly newsletter on the unconventionals oil and gas sector. Slow uptake of innovation and new technology is an oft-repeated criticism of the oil and gas industry.