Society of Petroleum Engineers (SPE)


The Society of Petroleum Engineers (SPE) is a professional association whose 60,000-plus members worldwide are engaged in energy resources development and production. SPE is a key resource for technical information related to oil and gas exploration and production and provides services through its publications, meetings, and online resource.

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.

The first SPE Board of Directors meeting was held 6 October 1957, making 2007 the 50th anniversary year for SPE as a professional society.

Latest Society of Petroleum Engineers (SPE) News

Far East Energy releases RISC Contingent Resources report for Shouyang CBM block indicating significant additions to resources

Far East Energy Corporation (OTC:BB FEEC) announced the release of an independent engineering report prepared by Resource Investment Strategy Consultants (RISC) with respect to its coalbed methane (CBM) contingent resources located in its Shouyang block in Shanxi Province, China as of December 31, 2... Wednesday, July 11, 2012

SPE To Relaunch Offshore Achievement Awards In 2012

The Society of Petroleum Engineers (SPE) Aberdeen section is building upon the established high profile of the Scottish Offshore Achievement Awards awards by re-launching the Offshore Achievement Awards. The awards have a 25-year history of celebrating outstanding success in the oil & gas industry. ... Thursday, September 8, 2011

Energy Experts to Gather for 'Smart' Seminar in Aberdeen

A host of Energy experts are gathering in Aberdeen on 7th June to discuss vital issues surrounding the use of 'smart' technologies in the Oil & Gas industry. Organised by The Society of Petroleum Engineers (SPE) Aberdeen Section, 'Smart Energy 2011' aims to examine how operators of all sizes a... Thursday, June 2, 2011

Carbon Storage - the Subsurface: How, Where and Now

It is no longer a question of if Carbon Storage will become a reality in the North Sea but where, say Energy industry experts. Hosted by The Society of Petroleum Engineers (SPE) Aberdeen Section, 'Carbon Storage - the Subsurface: How, Where and Now' one-day seminar on March 28, will hear from lead... Thursday, February 10, 2011

ADIPEC 2010 - Determining the Energy Landscape

ADIPEC 2010 (Abu Dhabi International Petroleum Exhibition and Conference) will open its doors tomorrow (Monday) at Abu Dhabi National Exhibition Centre (ADNEC) placing Abu Dhabi firmly under the world energy industry spotlight. ADIPEC will bring together an impressive assembly of regional royalty,... Sunday, October 31, 2010

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Latest Opinion & Commentary

Oil Prices Forecast; The Analysts Are Wrong Again... Here's Why

The beauty of the oil industry lays on the fact that it is unpredictable. It has a striking way of surprising everyone. Even those who think they know it best, sometimes it makes them feel they know nothing about it. The current market downturn and the analysts' expectations about it is just a clear... Thursday, December 31, 2015

What 2016 Holds for The Oil & Gas Industry

Trying to predict the future trends of oil prices is hard and the results are disappointing most of the time, especially when we ignore the facts and figures and rely on hope and wishful thinking. A year ago following OPEC's decision not to cut oil production and keep the oil market oversupplied, ma... Wednesday, December 16, 2015

How O&G Professionals, Companies & Countries Can Take Advantage of The Downturn

As December is finally here -marking the end of 2015, the oil and gas industry continues to experience the consequences of one of the worst downturns of its history. At the beginning of 2015, many oil and gas companies were faced with a harsh reality that for them to survive the downturn, they have ... Thursday, December 10, 2015

Expecting The Return Of High Oil Prices? Think Again... Here's Why

It has been almost a year since oil prices hit new lows after OPEC's November 2014 decision not to cut production. Speculation by oil companies, industry analysts, investors and financial experts that oil prices will rebound have not come true, and prices continue to dip regardless of the few attemp... Tuesday, November 3, 2015

How I Found My Passion In Petroleum Engineering & Did It Really Matter?

When I recall my childhood, I cannot remember what I wanted to be when I grew up. But indeed, I do remember one thing: that when I graduated from high school with excellent grades and received a scholarship to study abroad, I started to think seriously about it. I do recall that very well. At that m... Wednesday, October 14, 2015

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