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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This article is a summary of the 2016 follow-up paper on carbon capture and sequestration, one of the five grand challenges to the industry identified by the SPE R&D Committee in 2011. -
ADNOC and BP will collaborate to form an earth surface technology center in Abu Dhabi. ADNOC has also reformed its stage gate process for advancement of new technologies.
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New leadership aims to make positive, lasting changes at RPSEA.
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Researchers at Heriot-Watt University in Edinburgh, Scotland, are building replica core samples using 3D printers and installing sensors inside them as they go. Their goal is to directly monitor pore-scale flow behavior from the inside of these so-called “smart rocks.”
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Downturns offer you a choice: Panic and shut down all but breathing or make use of the opportunities that desperation has handed you. A mountain of mistakes is a gold mine to those willing to spend the time in assessment mode.
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Service companies are using the latest generation of additive manufacturing technology to print out steel components for big ticket downhole tools. There is great potential for the technology to drive down equipment costs and improve performance.
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For deepwater development, panelists at OTC emphasized the need for scalable technology, the standardization and simplification of projects, patient capital investment in innovation, greater collaboration, and new perspectives coming from outside the industry.
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Baker Hughes is developing a drill bit capable of auto-adjusting its depth-of-cut feature to handle dynamic drilling conditions.
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Industry's finest minds are expected to come together for an idea summit during the upcoming SPE Intelligent Energy International Conference and Exhibition in Aberdeen.
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Low prices require doing things differently. It is a hopeful sign for the future for innovators who have been struggling to keep going and have potential customers with little to spend and a lot to worry about.
