R&D/innovation
With funding opportunities improving, developers and researchers are focused on shortening project learning cycles and reducing uncertainty to attract more capital and speed deployment.
By integrating reservoir simulation, probabilistic seismic hazard and risk assessment, and machine learning, this study provides a practical framework for translating complex geoscientific research into evidence-based policy and field operations, achieving measurable reductions in seismic risk indicators in the Groningen gas field.
The US Department of Energy has awarded more than $99 million to 21 projects that will advance geothermal development through field-scale testing of next-generation technologies and exploration drilling programs across the US.
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Companies that can adapt, innovate, and stay ahead of the curve not only survive, but thrive. To achieve this, a fresh approach to innovation is required: one that harnesses the collective wisdom of customer advisory boards and prioritizes a strategy based on customer value.
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Production from the Sparta field is expected to start in 2028.
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The French company inked agreements at COP28 to share its newly developed CO2 and methane detection platform with NOCs in Brazil, Angola, and Azerbaijan.
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A case study presented at ATCE took medical science to a new low—into the depths of the Permian Basin for application to downhole reservoir drainage diagnostics.
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A survey of SPE members associated with a university, or their job/role to be faculty, collected information about the effect of the energy transition on recruiting students, strategic directions in academic programs, and maintaining a relevant curriculum for future careers.
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More Students Going Into Petroleum Engineering Programs as Research Work Tilts to Alternative EnergyMore freshmen are enrolling in petroleum engineering, drawn by strong demand for graduates.
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One is on Earth, and one is not. But the knowledge transfer between the oil patch and off-world has fueled meaningful technological advances for all involved.
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Cemvita and ChampionX are launching a pilot project next year to turn an old oil field into one that may yield tons of hydrogen each day.
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First production from the US supermajor's Arkansas lithium-rich asset is expected by 2027.
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The advancement of the oil and gas industry hinges on its ability to transform digitally by applying high-quality data to illuminate its path forward.