Student Vikas Kooneti has led the Society of Petroleum Engineers to apply their knowledge to make a difference to sustainability and energy efficiency, winning many awards and helping classmates engage with their subject area outside of the classroom #VCaward@UoPTechnology
The DOE hopes to cut the costs of geothermal energy systems by 90%, to $45/MWh, by 2035, it said in a statement.
https://t.co/WLW1QwhvlG
#SPEjpt#geothermal
Refining margins have recovered from negative levels in 2020 to over $30-40 a barrel recently. Look for demand (and prices) to soar this summer. https://t.co/K6IloDoLpv
Highlights of what the US oil and gas chief said to SPE members at the recent Hydraulic Fracturing Technology Conference.
Read the full article: https://t.co/Dzbw2LNnI3
#SPEjpt#JPT#oilandgas#OXY
The trend toward #drilling longer horizontal wells is growing with lateral lengths of 3 miles reached.
Read more: https://t.co/MO7U3Rmdid
#SPEjpt#JPT#oilandgas
Coming back to Galveston is the IADC/SPE International Drilling Conference and Exhibition!
This leading Drilling event gives you access to leading-edge technical information. Benefit from three days of unmatched insight, learning and networking!
🎟 https://t.co/tEYZylJxil
#MotivationMonday
Believe in yourself. You are braver than you think, more talented than you know, and capable of more than you imagine.
-Roy T. Bennett
📸 : @spebatman#WeAreSPE#JoinSPE
While the world focuses on carbon dioxide—its problems and its uses—many are looking at how to move it around.
Read the full article: https://t.co/ZOgVUayXOO
#JPT#oilandgas#carbondioxide
The enthusiasm for #AI practice is growing rapidly across all industries. This article gives a brief overview of AI's key elements: https://t.co/Gvsxgjp1Ab
#JPT#oilandgas#artificialintelligence
The latest issue of SPE Res Eval & Eng will cover topics ranging from AI and machine learning to geomechanics and petrophysics.
📘 https://t.co/ZbessHNBwC📘
#OnePetro#SPEjournals
As energy companies continue to digitize existing assets and build new assets with intrinsic network connectivity, they present an ever-expanding target for escalating attacks.
Read more: https://t.co/T8v4GlTyoP
#JPT#cybersecurity#oilandgas#AI#energy
OIL MARKET: For all the talk about an oversupplied market in 1Q, physical barrels for loading in January for Asia are changing hands at pretty hefty levels. More ESPO barrels trading today at ~$6 a barrel premium. And some Al-Shaheen crude at ~$3.5 a barrel premium | #OOTT
Oil weakness
1. Lockdown fears in Europe
2. Seasonally oil tends to be weaker Nov. until mid-Dec.
3. Bit of a stronger USD (though don't lean into this narrative too hard, oil is used as an inflation hedge)
4. Talk of SPR release and/or export ban
4. Consolidation is a positive