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Welcome


Welcome to the UT Society of Petroleum Engineers website. Links to contact our officers, learn about our organization, and more can be found to the left.

If you've never been to the UT SPE website before, we've got a few links below to help you get started.

UT SPE members at ATCE in New Oreleans. 

For students...

For company representatives...


Upcoming Events


January 29, 2010 | Membership Drive at Little Woodrows
February 5, 2010 | Spring Engineering EXPO
February 20, 2010 | Introduce a Girl to Engineering
February 27, 2010 | Encounter with Engineering
March 6, 2010 | Explore UT
April 10, 2010 | Annual Golf Tournament
April 23, 2010 | Friday in the Park
May 1, 2010 | Crawfish Boil



Spring 2010 Meeting Dates & Locations


DATE LOCATION CORPORATE PARTNER
January 20th WEL 1.308 Schlumberger
February 3rd WEL 1.308 Apache
February 17th WEL 1.308 Shell
March 3rd WEL 1.308 Nexen
March 31st WEL 1.308 El Paso
April 14th ECJ 1.202 Newfield
April 28th WEL 1.308 BHP Billiton



Daily Oil & Gas Prices


UT SPE officers after meeting with the Norsk Hydro speaker.
  Price Change
WTI Crude Oil
($/bbl)
71.42 -0.47
Henry Hub Natural Gas
($/MMbtu)
5.43 +0.03

  SOURCE: Money.CNN.com




Energy News From Yahoo!


Explosion unlikely to slow gas plant development (AP)

8 Feb 2010

AP - The Connecticut explosion that killed five people won't slow the development of natural gas power plants. But it will likely lead to more scrutiny of a technique used to clear air from gas lines.



Euro zone debt worries sink Dow below 10,000 (Reuters)

8 Feb 2010

Traders work on the floor of the New York Stock Exchange in this October 30, 2009 file photo. REUTERS/Brendan McDermidReuters - The Dow industrials closed below 10,000 for the first time since November on Monday as investors sold bank shares due to heightened concerns about the euro zone's sovereign debt troubles.




Wintry weather drives energy prices higher (AP)

8 Feb 2010

FILE - In this Jan. 5, 2010 file photo, Jason Kilpatrick of Wholesale Fuel hauls a hose across a snow covered yard while delivering home heating oil in Framingham, Mass. Natural gas prices climbed Monday, Feb. 8 as another winter storm was expected to dump even more snow on the East Coast. (AP Photo/Charles Krupa, File)AP - Energy prices climbed Monday as another winter storm was expected to dump even more snow on the East Coast.




UAE's ADCO targets 1.8 million bpd oil output by 2017 (AFP)

8 Feb 2010

Abu Dhabi's state-owned oil firm ADCO is to invest billions of dollars to hike onshore production by 400,000 barrels per day to 1.8 million bpd by 2017, its general manager Abdel Monim al-Kindy said on Monday.(ADCO)AFP - Abu Dhabi's state-owned oil firm ADCO is to invest billions of dollars to hike onshore production by 400,000 barrels per day to 1.8 million bpd by 2017, its general manager Abdel Monim al-Kindy said on Monday.




Walter Energy upgraded on coal price outlook (AP)

8 Feb 2010

AP - Shares of Walter Energy Inc. are poised to climb with rising metallurgical coal prices, said an analyst Monday as he upgraded the coal producer's stock.



Oil prices rise but stay below $72 (AFP)

8 Feb 2010

Petrols pumps at a Shell petrol station in east London. Oil prices rose after a massive selloff last week triggered by weak US jobs data and debt woes in the eurozone.(AFP/File/Shaun Curry)AFP - Oil prices rose on Monday after a massive selloff last week triggered by weak US jobs data and debt woes in the eurozone, traders said.




Kuwait to post 24 billion-dollar budget surplus: forecast (AFP)

7 Feb 2010

Kuwait City's banking complex is decorated with lights and the national flag in 2009. Kuwait is set to post a surplus of 24 billion dollars in the current fiscal year on the back of higher oil prices, despite projecting a shortfall, an economic report forecast on Sunday.(AFP/File/Yasser al-Zayyat)AFP - Kuwait is set to post a surplus of 24 billion dollars in the current fiscal year on the back of higher oil prices, despite projecting a shortfall, an economic report forecast on Sunday.




Average gas prices down 5.76 cents nationwide (AP)

7 Feb 2010

Shai Agassi, Better Place founder and chief executive, walks in front of an electric car during the inauguration of a new vehicle demonstration center in the Israeli city of Tel Aviv February 7, 2010. Better Place's concept is for battery-swapping stations to complement a network of charge spots so electric cars such as partner Renault's planned Zoe can extend its range without the need of an additional back-up engine that burns fossil fuel.    REUTERS/Gil Cohen Magen (ISRAEL - Tags: TRANSPORT ENERGY BUSINESS)AP - The average price of regular gasoline in the United States fell 5.76 cents over a two-week period to $2.67.




Nigerian militants claim attack on Shell pipeline (AP)

7 Feb 2010

Gas flaring at an oil platform in the Niger Delta, Nigeria. Proceeds from Nigeria's excess crude oil has sharply fallen as the government dipped into the account to cope with the global financial crisis, an official said on Monday.(AFP/File/Pius Utomi Ekpei)AP - A Nigerian militant group claims to have attacked an oil pipeline operated by Royal Dutch Shell PLC in the Niger Delta but oil company officials could not confirm the attack.




In Utah, company aims to store energy in air (AP)

7 Feb 2010

AP - A Utah company plans to dig a series of underground caverns that it hopes to one day fill with compressed air, releasing it to generate electricity by turning a turbine and solving one of the most vexing problems facing the clean-energy industry — how to store power.




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