Energy transition
The report says the capacity of renewables in the region are set to grow tenfold by 2040 as electricity demand and new sectors drive rapid solar and wind expansion.
Experience in subsurface production and lift design is shaping a new generation of geothermal operations built for reliability and scalability.
This study identifies critical knowledge gaps in wellbore integrity and underscores areas that require further investigation, providing insights into how wellbores must evolve to meet the technical demands of the energy transition.
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The authors introduce a novel framework combining dynamic mode decomposition, a data-driven model-reduction technique, with direct data assimilation to streamline the calibration of carbon-dioxide plume evolution models. -
This article kicks off a Q&A series from the SPE Research and Development Technical Section, focusing on emerging energy technologies. In this piece, Amy Bason of the Oil and Gas Climate Initiative highlights decarbonization efforts in global transportation.
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Geothermal systems, which rely on extracting heat from deep within the Earth, face many of the same technical challenges that oil and gas operators have tackled for decades. Geothermal development can be advanced efficiently and economically by applying proven oil and gas technologies.
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This study highlights how the recovery and reuse of existing hydrocarbon infrastructure can contribute to the diffusion of district-heating projects that implement the principles of the circular economy.
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The companies have announced they will work together to integrate geothermal well engineering and project delivery globally.
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A recent report from Wood Mackenzie highlights the role of natural gas in supporting renewables and reducing emissions.
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Closed-loop geothermal systems have entered the new-energy arena to generate electricity using the underground as a heat exchanger.
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Equinor will reduce investments in renewables over the next 2 years by 50% to $5 billion and will increase its focus on oil and gas production, expecting more than 10% growth from 2024 to 2027.
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The companies said they plan to work together on developing geopressured geothermal systems for low-carbon energy storage and geothermal power generation.
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Greenhouse gases are woven into every stage of a well’s life, which presents challenges that demand creative solutions that do not require too much capital.
