R&D/innovation
This article is the fourth in a Q&A series from the SPE Research and Development Technical Section focusing on emerging energy technologies. In this piece, David Reid, the CTO and CMO for NOV, discusses the evolution and current state of automated drilling systems.
Oil and gas experts encourage human/AI partnerships that can “supercharge” capabilities to create competitive advantages.
The US supermajor is using one of its lowest-value hydrocarbon products to generate double-digit production increases in its most prolific US asset.
-
The updated joint development agreement allows the companies to carve out new markets while they complete pilot testing at a demonstration plant in the Netherlands. -
The project will implement two distinct carbon technologies aimed at capturing and storing carbon dioxide. Svante’s CEO Claude Letourneau describes his company’s solid-sorbent technology used in collaboration with Climeworks, one of the awarded companies.
-
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.
-
The use of oil-based muds has precluded countless drill cuttings from being used to predict reservoir fluids despite once being part of the reservoir. A 6-decade-old technology may be on the cusp of changing that.
-
Pink hydrogen, produced through water electrolysis powered by nuclear energy, recently drew attention which underscored the complexity of decision-making in advancing such projects.
-
Jim Gable, president of Chevron Technology Ventures, shares how CTV works with startups and how their technologies go big.
-
The developer of the recently emerged anchorbit technology is preparing to drill its first geothermal well next year in Germany.
-
Derived from the principles of radial jet drilling, a new technology called micro-turbine drilling is developed to allow for drilling of micro-sidetracks from cased boreholes in very hard reservoir rock.
-
A total of 15 companies, including five small businesses, were recognized this year for their demonstrated advancements in the industry.
-
More than two dozen artificial intelligence systems are being celebrated for delivering massive value to the national oil company.
