...Kaibin Qiu Two significant trends currently shaping the industry are transitioning to a low-carbon economy and integrating artificial intelligence (AI) and machine learning (ML) to revolutionize design and operational processes. Transitioning to a low-carbon economy demands large-scale CO 2...

..., overcoming HP/HT challenges is critical to ensuring energy security, optimizing production, and pacing our transition. HP/HT technologies are uniquely positioned to address mutual challenges in oil, gas, and geothermal energy exploration and development. Scaling HP/HT innovations offers a pathway...

... transition, finances, governance, quality, and now membership. Our “SPE reality” is both complex and multidimensional, with these dimensions being interconnected and not to be addressed separately. The most obvious connections are SPE’s financial constraints and the costs that occur when solving individual...

...Trent Jacobs _ In September 2020, BP’s Energy Outlook presented a vision of a “rapid energy transition,” a scenario where global oil demand had already peaked due to the lasting effects of the COVID-19 pandemic. The BP forecast held that sometime in our new year demand would fall to around 97...

.... While 73% of the 2023 MSc and PhD graduates still studied oil and gas topics around reservoir, production, fracturing, and drilling, as shown in Fig. 1a, this number is expected to drop to under 50% for 2026 graduates. Fig. 1b reveals the accelerated trend of this transition, where only 65...

...Olivier Houzé _ Editor’s Note: This is a summary of the October episode of the President’s vodcast. We encourage you to watch the episode to see the full conversation. In this vodcast, Houzé discusses his views on SPE and the energy transition. _ Last month, I presented a to-do list with five main...

... their potential advantages and challenges, for rod pumping (in general) and for offering an earlier transition from electrical submersible pump (ESP) pumping or gas lifting to reliable deep high-rate rod pumping. A unique feature of an FRTP composite rod is its remarkably high shear failure resistance compared...

... to use material from this document. transition drillstem testing spe drillstem/well testing president schlumberger spe board revenue roadmap student engineer tenure petition busy year operator vodcast olivier governance lecturer llm Q&A With 2025 SPE President OLIVIER HOUZÉ...

...Soujatya Mukherjee The global gas market continues to remain volatile amid long-term uncertainty of global demand for natural gas along with the effect of ongoing energy transition measures in the exploration and production (E&P) industry. However, global gas demand is anticipated to recover...

... operational efficiency and simultaneously diminishing its carbon footprint. This balancing act has become a strategic imperative crucial for the long-term viability of the industry. In light of the recent COP28 agreement, which emphasizes a “swift, just, and equitable energy transition,” the role of low...

... technological advancements in clean energy is contributing to an accelerated transition in the energy sector that is reducing the share of the energy market need fulfilled by fossil fuels, all of the projections point to oil and gas continuing to be a critical part of the energy market until at least 2050. When...

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...Celestina Yaaba Kissi This year has seen a focus on gas development projects and the energy transition. Flow assurance plays an interesting role in this area. Even though the attention has been on the energy transition, where gas development is concerned, the production processes through which gas...

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...Terry Palisch _ In this podcast episode and transcript, Terry Palisch shares his thoughts about how SPE and its members fit into the energy transition and what it means for our energy future. _ Welcome to the Society of Petroleum Engineers podcast with the 2024 SPE President Terry Palisch. I’m...

... future offshore industry efforts are positioned with regard to the energy transition. Specifically looking at the papers in review, we see carbon storage optimizing subsea development potential, adding to and incorporating existing technology as well as adapting it to optimize the massive potential...

.... The International Energy Agency (IEA) cited it as the trigger of a worldwide energy crisis that “has the potential to hasten the transition to a more sustainable and secure energy system,” in its World Energy Outlook 2022. “Energy markets and policies have changed as a result of Russia’s invasion of Ukraine...

...Srikanta Mishra; Akhil Datta-Gupta _ The term “new energy economy” broadly refers to the transition to a low-carbon future for sustaining human development while reducing CO 2 emissions. Such a shift is considered to be the third energy transition of the modern era, after the shift from biomass...

...Jeffrey Gagnon The energy transition is in a continuous pursuit of innovative technology applications from all corners of the oil and gas industry. With the exponential growth of carbon capture and sequestration (CCS) projects, similar subsurface appraisal objectives remain. Derisking dynamic...