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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The challenges that geothermal energy faces to become a leading player in the net-zero world are well within the areas of expertise of the SPE community, ranging from rapid technology implementation and learning-by-doing to assure competitiveness to establishing suitable funding mechanisms to secure access to capital. -
Pink hydrogen, produced through water electrolysis powered by nuclear energy, recently drew attention which underscored the complexity of decision-making in advancing such projects.
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Failure to electrify facilities in the UK North Sea could soon result in a denial of petroleum licenses and the forced closure of some offshore assets.
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The partnership seeks to shift the economics of carbon capture across high-emitting industrial sectors.
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The developer of the recently emerged anchorbit technology is preparing to drill its first geothermal well next year in Germany.
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ExxonMobil and Aramco CEOs talk molecules, electrons, and the need to "abandon the fantasy of phasing out oil and gas" at the "Super Bowl of Energy" in Houston.
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Ignis H2 Energy and Imeco Inter Sarana announced a strategic partnership to expedite geothermal development in Indonesia.
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Oil demand is a "growth story" as fuel demand shifts internationally, said Rice University's Kenneth Medlock at the recent SPE/IADC International Drilling Conference and Exhibition.
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One area where the untapped potential of geothermal energy has been realized is in harnessing thermal energy from abandoned or inactive oil and gas wells. Such wells could be exploited for electricity generation or direct use through well repurposing.
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This paper provides insights into the technical and economic viability of repurposing oil and gas wells for geothermal energy production for direct heating.
