Energy transition
This guest editorial addresses the many capacities in which oil and gas technical professionals can play a role advancing the energy technologies of tomorrow.
With millions of wells having been drilled in the US since the beginning of the oil age, the land is pocked with old, unused wellbores. For most, repurposing is a pipe dream. Plugging is the best option.
The DOE-backed EGS-Twin project aims to simulate geothermal production systems, helping operators better predict performance and maximize output.
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This paper describes how ramp-up operations and commercialization of an underground storage asset were combined, rapidly providing a wide range of commercial services to the Italian gas system while long-term UGS performance increased continuously. -
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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This paper aims to investigate the use of an optimization workflow to maximize both hydrogen storage and the net present value to obtain an optimal reservoir development strategy.
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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.
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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.
