Workshops offer sponsors unique access to a focused group of key decision makers in the oil and gas industry. While SPE prohibits any type of commercialism within the workshop itself, it recognizes that sponsoring companies offer valuable information to attendees. Sponsorships help offset the cost of producing workshops and allow SPE to keep the workshop fee as low as possible for the target audience. If interested in sponsoring the workshop, please email Sarah Fleming.
Induced seismicity from the injection of fluids into the earth remains a significant concern for oilfield activities such as saltwater disposal and hydraulic fracturing operations. The number of induced earthquakes occurring in the oil and gas producing regions of the Central United States and Western Canada has been declining over the past few years, highlighting the successful implementation of improved regulations and effective operational practices. Differences in geology, industry practices, population, politics, and other factors lead to various regulatory responses and requirements. These actions have evolved in recent years with degrees of success in mitigation, both in the area of water disposal and the increasing focus on seismicity related to hydraulic fracturing. This session discusses a range of regulatory practices in North American and European operations, and examines effective regulations for newly active areas.
Induced seismicity from the injection of fluids into the earth remains a significant concern for oilfield activities such as saltwater disposal and hydraulic fracturing operations. The number of induced earthquakes occurring in the oil and gas producing regions of the Central United States and Western Canada has been declining over the past few years, highlighting the successful implementation of improved regulations and effective operational practices. However, technical engineering and geoscience challenges remain. Characterizing the local seismogenic potential and maximum potential magnitude remains elusive and therefore mitigation strategies continue to be reactive as unknown faults are unexpectedly activated during operations. Accurately predicting ground motions of induced earthquakes is also required for both seismic risk and to understand when small magnitude earthquakes will be felt.
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.
Section awards recognize those that display exemplary efforts in technical knowledge dissemination, operations, member benefits, society and community outreach, innovation, and more. The President's Award for Section Excellence is the highest honor a section can receive. It recognizes the top 10% of eligible sections that are exemplary in the scoring categories. The awards are presented during the President's Luncheon at the SPE Annual Technical Conference and Exhibition. The Gold Standard designation is the second highest honor a section can receive.