Asset Management
Crude benchmarks spiked amid concerns that the US-Iran ceasefire is collapsing as commercial shipping comes under renewed attack.
The company’s millimeter wave drilling system is approaching a depth of 1 km at its Central Texas site. The recent funding is earmarked for Project Obsidian in Central Oregon, which Quaise calls the world’s first commercial superhot geothermal power plant.
Schneider Electric says the deal advances its vision of creating intelligent industrial ecosystems that connect physical assets with digital insights across the asset life cycle.
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Majors and independents alike are targeting high-impact wells across the globe to boost future oil and gas production volumes. -
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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Artificial intelligence is increasingly being used to assist in the development of materials, including metal-organic frameworks (MOFs), to advance carbon capture technologies. Researchers assembled more than 120,000 new MOF candidates within 30 minutes.
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Longtime leaders in artificial lift discuss and share their insights on the rapidly evolving segment’s past, present, and future.
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The world of artificial lift has witnessed a remarkable revolution over the past 25 years, with many of the events and technology trends recorded in the Journal of Petroleum Technology.
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There will always be a need for good artificial lift engineers. So, what should the next generation of its professionals be trying to pursue?
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Early adopters of large language models praise the technology’s promise to advance upstream research and software development while also offering cautionary notes.
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SponsoredWith almost three-quarters of the global greenhouse gas emissions coming from the energy sector, there is a heavy burden and a huge responsibility on the shoulders of all countries of the world to transform the energy sector to be cleaner and greener by eliminating these emissions.
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While projects offshore Cyprus and Israel advance, Lebanon’s latest licensing round follows news that Eni, TotalEnergies, and QatarEnergy drilled a dry hole on Block 9 near the country’s maritime border with Israel.
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The $1.24 billion project is expected to tap up to 90 million BOE.
