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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With the acquisition of manufacturing firm Revak Keene, Fox Innovation and Technologies plans to launch technology aimed at disrupting the compressor and rotating equipment aftermarket status quo. -
Leading energy technology companies unite to unlock efficiencies and increase reserve recoveries using digital advances.
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SPE’s professional membership has an important role to play in mitigating climate change concerns and in developing new low- or no-carbon sources of energy. We offer a forum for presenting and disseminating scientifically vetted technical information about what can be and is being done by our members.
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A decade ago, SPE defined key R&D and technology challenges for the industry. To address the more uncertain environment of the 2020s and beyond, we have updated the grand challenges via a January 2023 SPE workshop.
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Picking up the pace of innovation and demonstration of advanced nuclear reactors is required if nuclear is to play a role in decarbonization beyond electricity by providing low-carbon heat or hydrogen.
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The first long-haul overland conveyor system to deliver proppant is under construction in the Permian Basin.
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The Swiss-based company Hydromea announced advances in underwater optical modem technology and development of an underwater monitoring system capable of daily data sweeps remotely.
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The startup known for helping introduce Bitcoin mining to the upstream industry is now also offering cloud computing using associated gas.
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The new expanded SPE Journal resulting from the consolidation of SPE’s technical journals will provide SPE the opportunity to continue its mission of disseminating technical information across a global community while remaining open to new and expanding developments in all aspects of the oil and gas industry.
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Artificial intelligence (AI) tools have been used in geological survey methods for many years. Gaining insight into the scale and trends of this implementation could assist surveyors in making informed decisions about buying or developing new technologies.
