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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 having some fun at ATCE in Denver, Colorado. 

For students...

For company representatives...


Upcoming Events


September 19, 2008 | Friday at the Park
September 21-23, 2008 | ATCE
September 27, 2008 | Arkansas Tailgate
October 3, 2008 | Friday at the Park
October 8, 2008 | Lunch and Learn: Reservoir
October 17, 2008 | Friday at the Park
October 18, 2008 | Missouri Tailgate
October 15, 2008 | Lunch and Learn: Production
October 25, 2008 | Oklahoma State Tailgate
November 2, 2008 | Race for the Cure



Fall 2008 Meeting Dates & Locations


DATE LOCATION CORPORATE PARTNER
September 3 WEL 1.308 ConocoPhillips
September 17 CANCELLED Chevron
October 1 WEL 1.308 Hilcorp
October 15 UTC 2.102A Chesapeake
October 29 WEL 1.308 Baker Hughes
November 12 WEL 1.308 Shell
December 3 GAR 0.102 Oxy



Daily Oil & Gas Prices


UT SPE officers after meeting with the Norsk Hydro speaker.
  Price Change
WTI Crude Oil
($/bbl)
49.65 -4.45
Henry Hub Natural Gas
($/MMbtu)
6.39 -0.43

  SOURCE: Money.CNN.com




Energy News From Yahoo!


OPEC grapples with production cuts, credibility (AP)

20 Nov 2008

AP - When OPEC announced late last month it was cutting crude oil output by 1.5 million barrels per day, the market barely hiccuped.



Oil touches 3-1/2 year low under $50 as demand weighs (Reuters)

20 Nov 2008

A man fills up at a gas station in Charlotte, North Carolina, September 29, 2008. (Chris Keane/Reuters)Reuters - Oil dropped more than 3 percent on Thursday, touching the lowest level since May 2005 as record U.S. job losses intensified concerns of a long and deep global recession and further crushed demand expectations.




Oil at 3-year lows; gas below $2 in 23 states (AP)

20 Nov 2008

A Chevron marquee in Pasadena, California. US oil group Chevron on Thursday suspended export contracts on much of its Nigerian production after a militant attack on a key pipeline.(AFP/Getty Images/File/David Mcnew)AP - Oil prices on Thursday hit levels not seen in more than three years and retail gasoline prices are now below $2 across nearly half of the country on dour economic reports suggesting a painful economic pullback.




Air France-KLM profit plunges in second quarter (AP)

20 Nov 2008

AP - Air France-KLM Group said Thursday its profit plunged in the second quarter as higher oil prices and financial charges weighed on the airlines' earnings.



Oil prices slump under 50 dollars per barrel (AFP)

20 Nov 2008

A motorist holds a fuel pump at a petrol station. Oil prices tumbled under 50 dollars on Thursday, as plunging equities and weak US data sparked fresh concern that a worldwide recession could ravage energy demand, traders said.(AFP/DDP/File/Norbert Millauer)AFP - Oil prices tumbled under 50 dollars on Thursday, as plunging equities and weak US data sparked fresh concern that a worldwide recession could ravage energy demand, traders said.




World stocks down amid recession fears (AP)

20 Nov 2008

Pedestrians walk past an electronic billboard displaying current FTSE 100 stock market data in London, Thursday, Nov. 20, 2008. European stock markets fell, then recovered some lost ground Thursday on expectations Wall Street will not repeat the heavy selloff from the day before. Asian markets closed sharply down. (AP Photo/Alastair Grant)AP - World stocks fell sharply Thursday as recession fears gripped markets and briefly sent oil prices below $50 a barrel.




Oil prices drop below $50 dollars, hit 3.5-year lows (AFP)

20 Nov 2008

An oil refinery. Oil prices tumbled under 50 dollars a barrel in London and New York as the crude market was plagued by weak energy demand(AFP/File/Matthew Hinton)AFP - Oil prices sank under 50 dollars a barrel in London on Thursday, reaching the lowest levels for three and a half years, as the market was plagued by weak energy demand.




Vietnam begins operating new oil field (AP)

20 Nov 2008

AP - Vietnam has opened a new oil field that will boost national crude oil output by 21 percent by the end of this year, officials said.



Palin, Alaska grapple with lower crude prices (Reuters)

19 Nov 2008

Reuters - Falling oil prices will take a bite out of Alaska's state budget and put a damper on oil-field investment, Gov. Sarah Palin told a conference of major North Slope oil operators on Wednesday.



World Publics Strongly Favor Requiring More Wind and Solar Energy, More Efficiency, Even If It Increases Costs (PR Newswire)

19 Nov 2008

PR Newswire -

Most Think It Will Save Money in the Long Run




Race for the Cure is coming up! Go here for more details!




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