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.
The US federal government is working to stymie offshore wind power, but proponents aren’t going quietly. Armed with data, they are taking on a sea of misinformation and hostility to defend the burgeoning resource in the US, while the rest of the world moves ahead briskly.
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As COP26 looms, the International Energy Agency says governments must send an “unmistakable signal” about clean energy ambition and action if the world wants to avoid the worst effects of climate change. -
Banks are finding more success with ESG-related bond sales than they are with fossil fuels. Renewable-energy firms may be able to combine the funding advantages of being a corporation with the tax advantages of being a partnership. Shell boosts solar in Brazil. And a new water-based, bio-based surfactant may be a game changer.
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The energy transition may drive a massive increase in renewable-power capacity in the electric market, but global demand growth is expected to be so strong, liquid fuel consumption could also be much higher in 2050.
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Flow rate is a major challenge for geothermal. However, the techniques used in shale to prevent flow localization can be applied directly to geothermal. If we can create hundreds or thousands of flowing fracture pathways around a horizontal or deviated geothermal well, then we will have truly “changed the game.”
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Electric-powered fracturing fleets looked impressively resilient in 2020 amid what was otherwise a significant collapse for the hydraulic fracturing sector. Today, the situation is more complicated.
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Kamel Ben-Naceur sees petroleum engineering as essential to the energy transition not only because of the continued role that oil and gas will play in the energy mix moving forward but also because the skills of the profession are foundational and transferable.
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Organizers of the Oil & Gas Authority’s decarbonization competition are looking for ideas to bring electrification and an integrated energy basin closer to reality.
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Tracking the Energy Transition: The Decarbonization Puzzle, the Power of Wine, and Hydrogen on TrackMajor energy companies are tapping into wine residues, used cooking oil, and waste animal fat to produce biofuels. Retooling to meet clean energy goals dominated the first day of the SPE Annual Technical Conference and Exhibition. And the US and European Union launched a global methane reduction pact that has climate advocates breathing a sigh of relief just weeks bef…
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CEOs from some of the biggest oil and gas firms in the world kicked off SPE's Annual Technical Conference and Exhibition with a clear message on what the energy transition means to them and what's at stake.
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This paper provides an overview on low-carbon-intensity technologies that are instrumental to the decarbonization of the energy industry. While hydrogen is the most promising low-carbon-intensity energy vector, substitute natural gas is the most promising and immediate solution among the hydrocarbon-based fuels.
