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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.

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Upcoming Events


Check out our calendar for even more events!

February 8, 2012 | Time 6:30pm| General Meeting with ExxonMobil

February 20, 2012 | Time TBA| E-Week Begins!

February 22, 2012 | Time 6:30pm| General Meeting with LINN Energy

February 25, 2012 | Time 1:30pm| Introduce a Girl to Engineering Day

March 3, 2012 | Time TBA| Explore UT

March 7, 2012 | Time 6:30pm| General Meeting with Newfield

March 31, 2012 | Time 11:30am| Crude Oil Classic Golf Tournament

April 4, 2012 | Time 6:30pm| General Meeting with Statoil

April 18, 2012 | Time 6:30pm| General Meeting with Chesapeake

April 21, 2012 | Time TBA| Annual Crawfish Boil with Devon

May 4, 2012 | Time TBA| Senior Banquet



Spring 2012 Meeting Dates & Locations


DATE LOCATION CORPORATE PARTNER
January 25 WEL 1.316 Nexen
February 8 WEL 1.316 ExxonMobil
February 22 WEL 1.316 LINN Energy
March 7 WEL 1.316 Newfield
April 4 WEL 1.316 Statoil
April 18 WEL 1.316 Chesapeake



Daily Oil & Gas Prices


Fall Spectacular face painting.
  Price Change
WTI Crude Oil
($/bbl)
Henry Hub Natural Gas
($/MMbtu)

  SOURCE: Money.CNN.com




Energy News From Yahoo!


BP preparing "vigorously" for oil spill lawsuits (Reuters)

7 Feb 2012

Reuters - BP said it was preparing "vigorously" for lawsuits related to its Gulf of Mexico oil spill, which are due to start later this month, as it unveiled a rise in fourth-quarter earnings boosted by higher oil prices and one-off gains.



Oil hovers near $97 as traders eye US supplies (AP)

7 Feb 2012

Flames shoot into the air after a gas pipeline explosion in the Sinai peninsula, 240 miles (374 kilometers) southeast of Cairo, Egypt, Sunday, Feb. 5, 2012. An Egyptian security official says attackers have set off explosives along a gas pipeline in the country's Sinai peninsula, halting exports to neighboring Israel and Jordan. The blast that took place Sunday at dawn is the twelfth successful attack on the line since the popular uprising that ousted longtime Egyptians leader Hosni Mubarak in February last year. The official says the attack by presumed Islamist militants caused huge fires, but fire engines put it out hours later. (AP Photo/Khaled Kandil)AP - Oil prices hovered near $97 a barrel Tuesday in Asia amid trader concern U.S. crude supplies will continue to rise because of weak demand.




Canada's Harper in China visit focused on energy (AP)

6 Feb 2012

AP - Canadian Prime Minister Stephen Harper is visiting China to discuss oil sales and other economic ties following U.S. President Barack Obama's rejection of a pipeline carrying Canadian oil across the continental United States.



After U.S. oil snub, Canada focuses on China (Reuters)

6 Feb 2012

Reuters - Canada will focus on exporting oil and other goods to China and other booming Asian economies even if Washington overturns its decision to block a pipeline that would have sent more Canadian crude to the United States.



US oil prices fall below $97 (AP)

6 Feb 2012

AP - U.S. oil prices fell below $97 per barrel Monday as growing supplies offset moves by President Barack Obama and other Western leaders to make it tougher for Iran to sell crude. Here's how energy contracts traded.



Italian industries see cuts in Russian gas (AP)

6 Feb 2012

AP - Italy announced emergency energy measures Monday, cutting gas supplies to some industries to make sure that private homes stayed warm during a severe cold spell.



Nigeria names seven behind Eni pipeline blast (Reuters)

6 Feb 2012

Reuters - Nigeria's military has named seven people it says were behind an attack on an oil pipeline belonging to Italy's Eni on Saturday, and denied a claim that a former separatist militia in the Niger Delta was responsible.



Massachusetts gas prices edge up another 2 cents (AP)

6 Feb 2012

AP - Massachusetts residents are paying two more cents a gallon at the gas pump, the seventh consecutive week of increases.



With oil pipeline attack, Niger Delta rebels announce return (The Christian Science Monitor)

6 Feb 2012

The Christian Science Monitor - With the destruction of a major oil pipeline in Nigeria’s oil-rich Niger Delta region, Nigeria now has two major internal threats to deal with.



Chevron rig burns off Nigeria as damage hits shore (AP)

6 Feb 2012

AP - As a fire at a Chevron Corp. gas rig off Nigeria's coast continues to burn, locals say they're seeing signs of its effects on the environment and the health of those living nearby.




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