R&D/innovation
This contributed article highlights the growing importance of fiber-optic sensing and its potential to advance thanks to emerging quantum technologies.
The DOE-backed EGS-Twin project aims to simulate geothermal production systems, helping operators better predict performance and maximize output.
Tulsa Innovation Labs' Rose Rock Bridge program awarded $400,000 to four energy technology startups, bringing AI-driven innovation, industry partnerships, and the potential for more than 135 new Oklahoma jobs to Tulsa.
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Occidental drillers and engineers figured out that it is faster and cheaper to reduce the weight on bit (WOB) than speeding ahead, which increased the risk of a breakdown and time lost for repairs. -
Digital technologies serve as a primary theme of this year’s group, with a few environmentally conscious firms included in the mix.
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Using maglev technology, a new artificial lift system seeks to boost production output by sucking down reservoir pressure from inside the wellbore and from inside the reservoir.
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Do women in academia face the same challenges as their peers in industry?
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The projects are designed to reduce technical risks in enhanced oil recovery and expand application of EOR methods in conventional and unconventional reservoirs.
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Twelve organizations—universities and private technology companies—will conduct research and development on emerging shale plays and technologies covering everything from digital pressure-sensing to smart microchip proppant.
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Malaysia’s Petronas, Shell Malaysia, and Thailand’s PTTEP are now in the midst of full-scale digital adoption. The companies are beginning to see results, but none is counting on a “big bang” in development of the technology soon.
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ExxonMobil has committed $100 million over 10 years to work with the National Renewable Energy Laboratory and the National Energy Technology Laboratory to bring lower-emissions technology to commercial scale.
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The results are in. Here are this year’s “Most Promising” startups as decided by upstream investors and oil company innovation teams
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The technologies born out of innovative ideas have been critical for advancing deepwater assets in the past, and venture-capital investment helps incubate risk-taking companies developing those technologies. With digitization becoming a greater focus in industry, what role will venture capital play?
