Guest Editorial

Former CTO of ConocoPhillips, Greg Leveille, makes the case for why more oil and gas professionals should take notice of the new-age geothermal space.

Companies that can adapt, innovate, and stay ahead of the curve not only survive, but thrive. To achieve this, a fresh approach to innovation is required: one that harnesses the collective wisdom of customer advisory boards and prioritizes a strategy based on customer value.

Data and AI will change our industry for the better. At the root of this change will be the empowerment of engineers to make better decisions.

The oil and gas industry is embracing digital technology not just as a differentiator but as an enabler of innovation. The simple reality is that, if one doesn’t, they risk being out of the game.

We must admit that the oil field is still in the early days of its digital journey. It’s time to give serious thought to the expectation/reality gap, the cultural differences between the way we’ve always done things and the way that digital is changing us, and the pain points that may trip us up unless we’re careful.

While innovative solutions are being examined for decarbonization, there is one topic that is rarely emphasized as a key driver in the path toward a more-sustainable future—brownfield optimization.

Appropriate data standards do not restrict creativity and innovation, they enable it. Being a little cynical, I guess we just do not value clarity, quality, or productivity over empowerment to do things our own way. “Why can’t we all just get along?”

You don’t have to choose between what’s good for the business and what’s good for employees in the quest to drive productivity and profits. What you need is to invest in employee engagement.

The innovations in the carbon removal space are gaining attention for their potential to curb global climate change, but they each face particular challenges in implementation.

High energy prices and a greater focus on energy security will not slow the world’s long-term ambition for a low‑carbon future. However, annual analysis by DNV believes unprecedented pressure is reinforcing a two‑speed energy transition.