innovation

Coring is essential to offshore exploration programs—but sometimes cores are taken from the wrong formation or return to surface in poor condition. One firm thinks it can solve these costly issues with a first-of-a-kind coring device that uses logging instruments that add accuracy and integrity.

A 2-day event in Houston will bring together investors, entrepreneurs, and innovators from the oil and gas industry to discuss trends and pitch ideas.

a holistic view of technology maturation that addresses both technical and nontechnical risks. The definition of success is expanded to include the establishment of successful, commercially viable, and sustainable solutions that meet end-user needs and requirements.

Even as the oil and gas industry looks for the next great idea to propel it forward, it should constantly reconsider past innovations for inspiration, the CEO of a major operator said Monday on the opening day of 2017 SPE ATCE.

Techstars is partnering with Statoil to select the world’s 10 most promising energy innovators and entrepreneurs to participate in the Techstars Energy Accelerator program. Selected companies will be tasked with compressing 2 years of development work into 13 weeks.

Open innovation, also referred to as external or network innovation, can accelerate new technology identification and adoption in the oil and gas industry.

For startups in the upstream sector, knowing how to navigate through a technology's Minimum Viable Product stage is critical, but not always straight forward.

When technology startups and oil and gas companies finally agree to run a pilot test, there are a few things both sides of the table should know before they move forward.

You would never hear the manager of an oil company say they are a late adopter of technology but, in reality many are. By better understanding both sides of table, technology developers and oil and gas operators may find they can accelerate adoption cycles beyond the status quo.

Innovation is required, but it is not a super-power allowing engineers to effortlessly vaporize long-standing challenges.