Energy transition
The company’s millimeter wave drilling system is approaching a depth of 1 km at its Central Texas site. The recent funding is earmarked for Project Obsidian in Central Oregon, which Quaise calls the world’s first commercial superhot geothermal power plant.
This guest editorial addresses the need for high-temperature directional drilling technologies as the number of rigs used to develop next-generation geothermal wells is set to rise in the coming years.
This paper explores the development of direct-lithium-extraction technologies designed to recover lithium from unconventional feedstocks.
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The two companies will work to retrofit nonproducing wells for geothermal production and scale GreenFire Energy’s closed-loop advanced geothermal systems.
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Not so long ago, defining green energy was straightforward: renewables. It may not have been quite that simple, but developing agreed-upon definitions based on science has become much more complex and contentious.
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The second-largest oil and gas producer in the US says the deal will help meet its goal to produce 100,000 B/D of renewable fuel products by decade's end.
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It seems obvious that to manage the reduction of methane emissions an operator needs to measure the emissions, report them accurately, and then take action to mitigate them. But what might seem obvious gets tricky: Just what matters, and how can an operator efficiently and accurately measure those factors?
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Houston-based startup Cemvita Factory is launching a project to produce near-zero-carbon gold hydrogen by injecting oil-eating microbes into depleted crude reservoirs.
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The government is offering up to $20 million to test applications that will shorten the time it takes to drill geothermal wells.
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For the foreseeable future, going beyond the barrel will really mean maximizing returns from the barrel, including the identification and harnessing of potential gains from capital planning, asset management, and operations.
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Regarding the long-term risks to our industry and a decreasing role of oil and gas in the energy transition in the future, I see an opportunity for companies to expand into new business segments and our members into new career opportunities.
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Recent events serve as a stark reminder that nations must ensure they have broad access to hydrocarbons and protect their power grids as they venture forward in the energy transition.
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Exxon sets its sights on zero, while Thyssenkrupp aims squarely at hydrogen. The wind blows the world over, and the struggle to grab carbon and put it back in the ground continues. Are you trying to stay up to date about developments aimed at energy-transition efforts in our industry? This roundup of news recaps some recent announcements.