Decarbonization
This paper describes the use of coiled tubing in a pilot project for carbon dioxide injection, enabling evaluation of the conversion of an existing oil field for CCS purposes and derisking storage-development uncertainties before having to cease hydrocarbon production.
The early enthusiasm for carbon capture and storage (CCS) is showing signs of strain as the limited capital availability and political support become clearer.
The two companies said they will evaluate the possibility of a joint venture to develop a direct air capture hub in South Texas, with XRG considering investing up to $500 million.
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Also: A report says Bitcoin mining could ease emissions. Haliburton is accelerating its clean-energy efforts, while insurer Chubb cracks down on methane. ExxonMobil and Linde team up in Texas. Shell plans to limit CO2 emissions in Dutch plants, and Drax presses pause on bioenergy in the UK. -
The largest US oil producer laid out to investors the aims of its emerging energy transition strategy in a meeting with Wall Street.
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The Gas Growth Integrated Project will capture and supply flare gas to generate electricity and treat seawater to manage pressure in oil wells in Iraq’s Basra region.
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Texas A&M University-Qatar in collaboration with the SPE Qatar Section conducted a 2-day virtual workshop on flow assurance, carbon reduction, and digitalization. Participants included more than 200 professionals associated with academia, research institutes, and industry from 23 countries.
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Deployment of Mosaic DAC pilot units are envisaged for a pair of HIF eFuel facilities.
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Dow, X-energy join forces to supply nuclear power to Gulf Coast plant, while NuScale gets the go-ahead from western cities to build reactor despite cost increases.
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The first direct air capture facility will debut a few months late, but that’s not a big concern for its developer.
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Dealmaking has picked up steam, especially by Oxy. Many of the announced deals by Oxy and others are in Texas and in the Gulf Coast region.
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The authors describe implementation of permanent-magnet-motor technology in different artificial lift systems that has resulted in power savings of more than 15% and lifting-cost optimization.
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Lawmakers are considering a solution that would give abandoned wells a new, redemptive purpose: deep receptacles to trap carbon for millennia.
