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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Petroleum engineers have important roles to play in the future energy for the world. Among these are using our traditional concept of producing oil and natural gas as we are doing now and will need to continue to do for decades to come; using our competencies to address the challenges of climate change; and helping to develop additional forms of energy that do not add… -
Houston-based startup Cemvita Factory uses its hydrogen-producing microbes downhole to considerably lower the cost of hydrogen production.
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The ATCE Startup Village is a partnership between SPE and the Rice Alliance for Technology and Entrepreneurship at Rice University. Find out which firms took this year's top honors during the annual competition.
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The Biden administration seeks to cut the cost of enhanced geothermal systems by 90% by 2035.
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An automated detection application helped identify stringers early for an operator of a mature field in the North Sea while drilling multilateral wells through reservoir sections containing hard calcite stringers interspersed in sand formations with low unconfined compressive strength. The application guided drilling decisions that minimized invisible lost time and sh…
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While small modular reactors open doors to affordable, carbon-free nuclear power, they also raise new questions over waste disposal.
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New Fortress Energy again taps the engineering giant for one of its modular LNG plants, this one using fixed platforms.
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Plenary panelists at URTeC offer possibilities as society looks to bridge today’s reality of hydrocarbon usage with tomorrow’s promise of carbon-free energy.
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Drilling automation champions met to identify where this emerging technology needs to be by the end of the decade. What they ended up agreeing on most was that the business models used today are largely incompatible with the technology of the future.
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Seven years, and we’re on track to exceed the 1.5°C target established by the Paris Agreement in 2015 to limit global warming by 2030. Instead, we may be turning up the heat to 3.0°C. And in this case, doubling the wager does not hold potential for greater rewards. A recent report addressed the costs of technologies for emissions mitigation and their likelihood of mak…
