Society of Petroleum Engineers

The Society of Petroleum Engineers (SPE) is a 501(c)(3)[1][2] not-for-profit professional organization.[3][4]

Society of Petroleum Engineers
FoundedOctober 6, 1957
TypeProfessional organization
OriginsThe Petroleum Division of the AIME
Area served
Worldwide
MethodConferences, publications, training
Members
119,000+
Key people
Simon Seaton (CEO/Executive Vice President), Terry Palisch (2024 President), Olivier Houzé (2025 President), Med Kamal (2023 President), Kamel Ben Naceur (2022 President), Mark Rubin (former CEO, ret July 2023)
Employees
270
Websitewww.spe.org

SPE provides a worldwide forum for oil and natural gas exploration and production (E&P) professionals to exchange technical knowledge and best practices. SPE manages OnePetro and PetroWiki, in addition to publishing magazines, peer-reviewed journals, and books.[5] SPE also hosts more than 100 events each year across the globe[6] as well as providing online tools and in-person training opportunities. SPE's technical library (OnePetro) contains more than 314,000 technical papers—products of SPE conferences and periodicals, made available to the entire industry.

SPE has offices in Dallas, Houston, Calgary, London, Dubai and Kuala Lumpur. SPE is a professional association for more than 119,000[7] engineers, scientists, managers, and educators. There are about 52,000 student members of SPE.[8]

History

The history of the SPE began well before its actual establishment. During the decade after the 1901 discovery of the Spindletop field, the American Institute of Mining Engineers (AIME) saw a growing need for a forum in the booming new field of petroleum engineering. As a result, AIME formed a standing committee on oil and gas in 1913.

In 1922, the committee was expanded to become one of AIME's 10 professional divisions. The Petroleum Division of AIME continued to grow throughout the next three decades. By 1950, the Petroleum Division had become one of three separate branches of AIME, and in 1957 the Petroleum Branch of AIME was expanded once again to form a professional society.

SPE became tax-exempt in March 1985.

The first SPE Board of Directors meeting was held 6 October 1957. SPE continues to operate more than 100 events around the world.

Membership

SPE is a non-profit association for petroleum engineers. Petroleum engineers who become members of SPE gain access to several member benefits like a complimentary subscription to the Journal of Petroleum Technology, unlimited free webinars, and discounts on SPE events (conferences, workshops, training courses, etc.) and publications.[9] SPE members also are given exclusive access to SPE Connect and the SPE Competency Management Tool.[10] SPE Connect is a site and app for SPE members to exchange technical knowledge, answer each other's practical application questions, and share best practices.

SPE is made up of about 119,000 members in 138 countries.[11] SPE Sections are groups of SPE Professional Members, and SPE Student Chapters are groups of SPE Student Members typically named for the hosting university or a geographical region. 67,000+ professional members are affiliated with 203 SPE Sections, and about 52,000 student members are affiliated with the 427 SPE Student Chapters.[12]

SPE annually grants scholarships to student members.

Awards

Annually, SPE recognizes individuals for their contribution to the oil and gas industry at the regional and international levels.[13]

All individuals who receive SPE Awards were nominated by either an industry colleague, mentor, etc., except for recipients of the Cedric K. Ferguson Young Technical Author Medal,[14] which is awarded to SPE members who author a paper approved for publication in an SPE journal (peer-reviewed journals on oil and gas topics) before age 36. Eligibility for the awards is denoted online.[15]

SPE International Awards are announced online, featured in the Journal of Petroleum Technology, and presented at the Annual Technical Conference and Exhibition.

Regional awards

SPE grants technical and professional awards at the regional level.[16] To be considered for these awards, one must be nominated online. Regional technical award eligibility is described online. SPE regional award recipients are considered for the international level of the award they received in the following award season. Regional awards are presented at regional or section meetings.

Distinguished Lecturers

The SPE Distinguished Lecturer Committee (DL) each year selects a group of nominees to become SPE Distinguished Lecturers. SPE Distinguished Lecturers are nominated for the program and selected by the committee to share their industry expertise by lecturing at local SPE sections across the globe. Nominees are notified of their nomination and must submit a summary of their biography, a presentation that can be given in thirty minutes or less, and additional information for the DL committee.[17] The schedule of DL talks is available online.[18] Some DL talks are very popular and are made available online as webinars.[19]

Publications

SPE publishes peer-reviewed journals, magazines, and books.[20] Technical papers presented at SPE conferences or approved for publication in SPE peer-reviewed journals are also published to OnePetro.org.

Peer-reviewed journals

SPE publishes five peer-reviewed journals. These are published online.

SPE journals:

  • SPE Drilling and Completion is focused on the drilling techniques and aspects that effect drilling operations. This publication succeeds SPE Drilling Engineering.[21]
  • The SPE Economics & Managements journal covers resource evaluation, portfolio management and other petroleum economics topics.
  • The SPE Journal is the flagship journal of SPE. It publishes research-based papers which provide insights into emerging technology and theories in the oil and gas industry. Its first issue was published in 1996.
  • SPE Production and Operations[22] issues faced when operating downhole equipment, multiphase flow, or stimulation.
  • SPE Reservoir Evaluation and Engineering[23] published technical papers about reservoir management, characterization, and simulation.

Magazines

SPE publishes five magazines:

  • Journal of Petroleum Technology (JPT)[24] is the SPE flagship magazine, providing articles on oil & gas technology advancements, issues, and other exploration and production industry news. The JPT newsletter is sent out weekly on Wednesdays. Anyone may sign up to receive the JPT newsletter, though some content is only accessible to members of SPE. Every SPE member receives a complimentary subscription to JPT.[25]
  • Oil and Gas Facilities (OGF)[26] is focused on delivering the latest news on project and technology shifts in the industry.
  • The Way Ahead (TWA)[27] is by and for young professional members of SPE. It is the newest SPE magazine. It was first published in 2006 and moved from print to online in 2016.[28]
  • HSE Now[29] is aimed at covering the changes in health, safety, security, environmental, social responsibility, and regulations that impact the oil and gas industry.
  • Data Science and Digital Engineering[30] presents the evolving landscape of digital technology and data management in the upstream oil and gas industry.[31]

Books

SPE has published many books over the years. The Petroleum Engineering Handbook (PEH) was a seven-volume series SPE published. The individual handbooks are still available in digital and print formats.[32]

SPE continues to publish new books on practical applications of new technologies that may be used to produce oil and natural gas more efficiently. SPE book authors sometimes attend book signings at the Annual Technical Conference and Exhibition.[33]

OnePetro

Launched in March 2007, OnePetro.org is a multi-society library that allows users to search for and access a broad range of technical literature related to the oil and gas exploration and production industry. OnePetro is a multi-association effort that reflects participation of many organizations. The Society of Petroleum Engineers (SPE) operates OnePetro on behalf of the participating organizations. SPE operates and provides customer service support for OnePetro.

OnePetro currently contains more than 314,000 documents, with more added frequently. OnePetro users viewed 4.9 million items in 2023[34]. The number of documents is expected to grow as additional organizations choose to make their materials available through OnePetro. OnePetro is the first online offering of documents from some organizations, making these materials widely available for the first time.

SPE Petroleum Engineering Certification

The SPE Petroleum Engineering Certification program was instituted as a way to certify petroleum engineers by examination and experience. This certification is similar to the Registration of Petroleum Engineers by state in the United States.

Certified professionals use "SPEC" after their name.

Industry resources

Petroleum reserves and resources definitions

The Society of Petroleum Engineers has developed a system for evaluating oil and gas reserves and resources. The Petroleum Resources Management System (PRMS) is used by oil and gas companies in determining their reserves and serves as the primary basis for reporting rules established by the United States Securities and Exchange Commission.[35]

Salary survey

SPE conducts an annual survey of members across the globe to learn more about the compensation petroleum engineers receive. In 2017, SPE found that the average salary (base pay) for a petroleum engineer was USD $151,122.[36] SPE salary survey report and data files are available for purchase through the SPE Bookstore.[37]

References
  1. "U.S. Tax Exemption Certificate" (PDF). SPE. December 27, 2017. Retrieved December 27, 2017.
  2. ProPublica, Mike Tigas, Sisi Wei. "Nonprofit Explorer – ProPublica". ProPublica. Retrieved 2017-12-27.{{cite news}}: CS1 maint: multiple names: authors list (link)
  3. Dallas Business Journal: Society of Petroleum Engineers related content
  4. "About Us | Society of Petroleum Engineers". www.spe.org. Retrieved 2017-11-28.
  5. "Publications | The Society of Petroleum Engineers". www.spe.org. Retrieved 2017-11-28.
  6. "SPE Event Calendar". www.spe.org. Retrieved 2017-11-28.
  7. "Membership Demographics | Society of Petroleum Engineers". www.spe.org. Retrieved 2022-12-28.
  8. "Membership Demographics | Society of Petroleum Engineers". www.spe.org. Retrieved 2022-12-28.
  9. "Professional Membership Benefits | Society of Petroleum Engineers". www.spe.org. Retrieved 2017-12-26.
  10. "SPE Competency Management Tool". www.spe.org. Retrieved 2017-12-26.
  11. "About Us | Society of Petroleum Engineers". www.spe.org. Retrieved 2023-02-24.
  12. "SPE Demographics | Society of Petroleum Engineers". www.spe.org. Retrieved 2023-02-24.
  13. "SPE Awards". www.spe.org. Retrieved 2017-12-18.
  14. Cedric K. Ferguson Young Technical Author Medal
  15. http://www.spe.org/awards/docs/awards-eligibility-and-attributes.pdf
  16. "SPE Awards". www.spe.org. Retrieved 2017-12-18.
  17. "Nominate a Distinguished Lecturer| Society of Petroleum Engineers". www.spe.org. Retrieved 2017-12-26.
  18. "Schedule".
  19. "SPE Online Education: Full Site Search".
  20. "Publications | The Society of Petroleum Engineers". www.spe.org. Retrieved 2017-12-26.
  21. OnePetro. "SPE Drilling & Completion – Journals – OnePetro". www.onepetro.org. Retrieved 2017-12-26.
  22. OnePetro. "SPE Production & Operations – Journals – OnePetro". www.onepetro.org. Retrieved 2017-12-26.
  23. OnePetro. "SPE Reservoir Evaluation & Engineering – Journals – OnePetro". www.onepetro.org. Retrieved 2017-12-26.
  24. Journal of Petroleum Technology (JPT)
  25. "Professional Membership Benefits | Society of Petroleum Engineers". www.spe.org. Retrieved 2017-12-26.
  26. Oil and Gas Facilities (OGF)
  27. The Way Ahead (TWA)
  28. "The Way Ahead – Editorial Board". www.spe.org. Retrieved 2017-12-26.
  29. HSE Now
  30. DSDE
  31. "About DSDE". www.spe.org. Retrieved 2020-05-31.
  32. "PE handbooks". store.spe.org. Retrieved 2017-12-26.
  33. "Professional Membership Benefits | Society of Petroleum Engineers". www.spe.org. Retrieved 2017-12-26.
  34. SPE (October 2023). "2023 Annual Report" (PDF).{{cite web}}: CS1 maint: url-status (link)
  35. SPE (2018). Petroleum Resource Management System (revised June 2018) (1.01 ed.). Society of Petroleum Engineers. p. 52. ISBN 978-1-61399-660-7.
  36. "Oil and Gas Pay | Salary Survey | Society of Petroleum Engineers". www.spe.org. Retrieved 2017-12-26.
  37. "SPE Bookstore catalog".
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