R&D/innovation
A shared digital mindset across subsurface, subsea, and drilling and wells is accelerating well planning at Vår Energi.
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.
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Researchers at Rice University in Houston are hoping their new theory on composite properties may help the oil and gas industry reduce the time it takes to develop and test new materials. -
Bitumen is so viscous that the ultraheavy crude oil is often compared to peanut butter.
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Veros Systems is selling simplicity. The electric machine monitoring company promises accurate warnings of problems long before they occur, with a minimum of monitoring equipment to install.
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One of the defining features of the 21st century will undoubtedly be the changing relationship between humans and automated machines.
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At the SPE Hydraulic Fracturing Technology Conference, one of the most innovative ideas discussed was a liquid proppant designed to turn into strong spherical balls to keep a fracture open.
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The US government is working on regulations to reduce oil industry methane emissions by more than 40% over the next 10 years.
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Add a new possible use for downhole casing: It can serve as broadcast antennae.
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In the northeastern desert of Utah, a new type of oil sands extraction technology has been born. The company behind it claims the process is the most cost-effective and environmentally sound way to develop oil sands.
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Saudi Aramco’s plan to create a global network of research centers is becoming a reality. It recently celebrated the opening of its Houston center that the company’s President and Chief Executive Officer Khalid Al-Falih described as “an upstream research center like no other.”
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Last year, lawmakers in the United States sent a blunt message to the oil business: If it wants new exploration and production technology, it will need to pick up more of the cost.
