Energy transition
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Altitude Energy Partners optimized drilling efficiency by minimizing dysfunctions and protecting downhole components. Their directional drilling team ensured consistent curves and laterals through precise BHA design, modeling, and trajectory control—reducing nonproductive time and drilling costs, and achieving a 100% improvement in efficiency by pad completion.
The times are changing and so are our industry’s prospects, as hydrocarbons are now recognized as cardinal to affordable energy security for the conceivable future. But, in avoidance of suspense, the answer to the headline question is “absolutely.” Here we look at the rationale why.
EVP Giulia Chierchia and Chairman Helge Lund are stepping down amidst difficult Q1.
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Solar and natural gas surged last year in the US, while wind stumbled.
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Energy storage is essential to a clean electricity grid, but aggressive decarbonization goals require development of long-duration energy storage technologies.
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The increasing demand for critical minerals—the building blocks of an electrified future—is creating opportunities for the oil and gas industry to apply its extensive knowledge, tools, and data to help meet the demand.
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This paper adds to ongoing research in hydrogen storage, focusing on efficient extraction of hydrogen to be stored potentially in depleted unconventional formations.
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A pilot project will explore onboard carbon capture for container ships, and two heavy-hitters are teaming up to find decarbonization paths in the Asia Pacific region. Elsewhere, wind and solar are on track to pass coal in the race to generate electricity.
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Chief Sultan Al Jaber told attendees in Dubai that declarations have been made on topics ranging from food to heavy emissions.
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A survey of SPE members associated with a university, or their job/role to be faculty, collected information about the effect of the energy transition on recruiting students, strategic directions in academic programs, and maintaining a relevant curriculum for future careers.
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More Students Going Into Petroleum Engineering Programs as Research Work Tilts to Alternative EnergyMore freshmen are enrolling in petroleum engineering, drawn by strong demand for graduates.
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Cemvita and ChampionX are launching a pilot project next year to turn an old oil field into one that may yield tons of hydrogen each day.
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The International Energy Agency recently said the oil and gas industry is spending far too little on clean energy technologies.