Energy transition
The capability of modern wellbore surveying to increase asset value through improved subsurface modeling and completion-equipment placement is being overlooked by managers of operating companies.
This study ascertains the capital expenditure and operating expenditure associated with the reuse of existing facilities, specifically regarding a carbon capture and storage project being prepared in South Korea.
The authors state that issues faced by the Gorgon carbon capture and storage project primarily relate to risk and pressure management of the produced water from the Dupuy formation rather than from capture, transport, injection, and storage technologies.
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The strategic agreement puts the partners’ joint activities on a more certain path to connecting the first fusion power plant based on magnetic confinement to the electrical grid by early 2030.
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Two US test sites have fractured hot, dry rock with plans to create a network of fractures for water heating. They will soon find out if the fractures worked as expected.
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The coupled geomechanical and dynamic flow simulation work flow described in this paper relies on a multidisciplinary approach to meet future peak gas demands and support clean-energy initiatives.
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The technology and knowledge base of the E&P sector is poised to play a major role in the newer, lower-carbon energy economy.
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The industry continues its move toward energy transition, demonstrating different stages among companies. These industry changes are affecting our current and future members, and SPE is working to provide guidance and education to our members through many avenues.
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The University of Texas at Austin leads new energy consortium in partnership with multiple entities from academia, national labs, and a research center for development of the Permian Energy Development Laboratory.
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Researchers are building a comprehensive database of hundreds of salt domes to help expand subsurface hydrogen storage in the US.
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Wind projects sweep across the globe; offshore wind and green hydrogen dive into the North Sea; and the Sunshine State gets a bit brighter.
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Our shifting energy landscape requires a new way to measure the amount of energy that can be extracted from any given source against the energy required to produce and distribute it.
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Fracturing hot rock to create a geological water-heating system is like fracturing an oil well, but for a different purpose, so is proppant really necessary?