R&D/innovation
The startup company’s Midland Basin demonstration plant, located in the Permian Basin, takes a major step toward commercialization by proving its direct lithium extraction technology can refine battery-grade lithium carbonate from produced water under multiple 24/7 production cycles.
This case study outlines a full-scale testing program focused on the behavior of thermal casing connections subjected to severe bending and low-cycle fatigue loading.
This article from the SPE Research and Development Technical Section offers new insights to how the upstream industry can benefit from the emergence of quantum computing.
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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. -
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 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?
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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 US Department of Energy has announced up to $20 million in federal funding for cooperative agreements that will help accelerate the deployment of carbon capture, utilization, and storage.
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Fed by big data loads from big operators, a university consortium and software firm are each working to make upstream data access as quick and easy as a Google search.
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The organizations will receive more than $4.1 million for research projects aiming to improve protocols to minimize the environmental effect of oil spills in water.
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Pictures shot in fractured wells show how a high-pressure slurry of water and sand carves up the perforations.
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Contrary to popular imagination, which favors John Wayne stereotypes heroically rescuing the oil industry with wrench and hammer, the oilfield is a place of exquisite engineering, the match of anything on Earth, a marvel of innovation at the biggest and smallest scales.
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Technology transfer in the oil business is too often discussed from a lens of bringing in outside innovations. But what happens when innovation escapes the industry’s orbit and finds a new home?
