Energy transition
The emergency permitting rules aim to accelerate geothermal energy development. Ormat Technologies' three Nevada projects will be the first to benefit from the streamlined process, with environmental reviews cut from years to weeks.
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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.
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The conference represents a new direction for SPE’s EuropEC as it adapts to the energy transition. The call for papers is open. -
The two oil producers said they may invest in industrial-scale direct air capture and other decarbonization projects in both the UAE and US.
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This paper describes an offshore hybrid power-generation concept incorporating a wind-turbine system in a low-wind area of Malaysia.
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While innovation steadily advances technologies to produce geothermal energy, the determination of clearly defined laws and regulations is playing catch-up—state by state and case by case in courts. And until it does, scaling up of this promising energy source is at risk of being hamstrung.
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The expanded scope of our evolving industry means that members of the petroleum engineering profession will enjoy a long, rewarding career. At the same time, we will need to continue developing our competencies to enable expected contributions in producing new forms of energy resources.
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Geothermal energy’s advantages make it popular across multiple sectors, from residential to industrial applications. Primary applications, namely electricity, direct use, and ground source heat pumps, offer diverse energy sources. Details of these and some unconventional applications are discussed.
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Advantages for conversion of nonactive oil and gas wells to geothermal wells include deferred plugging and abandonment costs, safety and environmental concerns, and potential energy production.
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This inaugural event will take place 22–23 August in Houston.
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SPE and Project Innerspace are organizing the first Geothermal AInnovation Competition. Teams from around the world are invited to participate in this virtual competition aimed at showcasing the potential of AI-assisted work flows in the geothermal life cycle.
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Colorado and the Gulf Coast prepare for new facilities; Chile sets out to tackle its carbon dioxide emissions; and Egypt announces plans for the largest wind farm in the world.
