R&D/innovation
Operators struggle to understand proppant placement beyond the fracture, and that’s the information that could be the key to boosting EUR.
High-risk, high-reward projects focused on stimulation, enhanced recovery, and field-scale deployment are eligible under the DOE’s new UNLOCK initiative.
The Houston-based developer of AI-powered submersible robotics earned the Best in Show Award and a $10,000 prize.
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Sustained low oil prices have not yet had a significant effect on many universities’ research and development programs. For now, money allocated by the oil and gas industry in previous years is still available for many institutions. -
The chief technology officer tells why he is optimistic about the current oil price situation, how the market downturn could be an ideal opportunity for innovation and slashing costs, and what major technology trends will be expected in the near future.
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GE Staoil Open Innovation Challenge results in new proppant ideas.
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Imagine a machine that could make an automaker competitive by speeding product development, help a jet engine maker create unique parts for more efficient turbines, and allow a baker to quickly create a picture-perfect 3D replica of a flower made of sugar.
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Researchers at Rice University in Houston are hoping their new theory on composite properties may help the oil and gas industry reduce the time it takes to develop and test new materials.
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Bitumen is so viscous that the ultraheavy crude oil is often compared to peanut butter.
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Veros Systems is selling simplicity. The electric machine monitoring company promises accurate warnings of problems long before they occur, with a minimum of monitoring equipment to install.
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One of the defining features of the 21st century will undoubtedly be the changing relationship between humans and automated machines.
