SPE: Failures seen as seeds of success

The seeds of tomorrow's new upstream technology are in today's failures, if oil and gas companies are willing to take the risks and learn from their mistakes, George E. King, a veteran BP engineer, said last week at the annual convention of the Society of Petroleum Engineers."Innovation usually starts with several failures," he said. "Everyone loves to talk about successes, but when [was] the last time you saw an SPE paper that analyzes a failure? Technology comes from our mistakes, failures, and recovery-that's the foundation of experience."However, King said, "We often quickly and quietly bury our mistakes when we should be doing full postmortems and learning from them. Idea...

Why Register?

Non-subscribers can only view whitepapers by providing name, home and email address, phone number and other information and comment on/rate articles.

Why Subscribe?

Oil & Gas Journal subscribers with login credentials can access these premium features of OGJ Online:

  • Current Issue – an html version of the current week's issue of Oil & Gas Journal.
  • Past Issues – An Electronic OGJ Archive. A keyword-searchable archive of all issues of Oil & Gas Journal dating back to 1990; also searchable by issue date.
  • Market Journal – a weekly round-up of the oil and gas markets, with observations from leading analysts.
  • Editor's Perspective – a short article of insight and opinion by the Editor of Oil & Gas Journal.
  • OGJ Industry Stats – quick access to current industry statistics from Oil & Gas Journal.
  • OGJ Survey Downloads - quick access to exclusive reports from Oil & Gas Journal.


Subscriber Help or Subscribe

Oil & Gas Journal Subscribers: Have your subscription number (from the mailing label on the cover of your Oil & Gas Journal) and e-mail address ready to set up your online account through Customer Service Assistant.

If you're not an Oil & Gas Journal subscriber, start a subscription and gain access to the subscriber areas of OGJ Online now.

Stay Connected