R&D/innovation
The US supermajor is using one of its lowest-value hydrocarbon products to generate double-digit production increases in its most prolific US asset.
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.
-
A deeper understanding of the roles of individuals in the innovation process is more important than ever as the organizations that make up the industry are being fundamentally transformed. Who are the “explorers” within the sector that are hardwired to deliver tomorrow’s bolder technologies? And who are the “exploiters” that prefer to stick with less‑ambitious innovat… -
One of the problems with geothermal is that the rock that is hot enough to create the steam needed to run a power plant is also capable of destroying drilling hardware.
-
Chevron and Occidental plan to launch separate projects to help secure the commercial future of geothermal development in the US.
-
A breakthrough fusion demonstration at Lawrence Livermore National Laboratory produced more energy than it used—a historic first.
-
Makers of continuous sucker rods are out to convince customers that it really is possible to make a better sucker rod that could save them some money.
-
Petroleum engineers have important roles to play in the future energy for the world. Among these are using our traditional concept of producing oil and natural gas as we are doing now and will need to continue to do for decades to come; using our competencies to address the challenges of climate change; and helping to develop additional forms of energy that do not add…
-
Houston-based startup Cemvita Factory uses its hydrogen-producing microbes downhole to considerably lower the cost of hydrogen production.
-
The ATCE Startup Village is a partnership between SPE and the Rice Alliance for Technology and Entrepreneurship at Rice University. Find out which firms took this year's top honors during the annual competition.
-
The Biden administration seeks to cut the cost of enhanced geothermal systems by 90% by 2035.
-
An automated detection application helped identify stringers early for an operator of a mature field in the North Sea while drilling multilateral wells through reservoir sections containing hard calcite stringers interspersed in sand formations with low unconfined compressive strength. The application guided drilling decisions that minimized invisible lost time and sh…
