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.
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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Saudi Aramco is on a mission to increase the amount of seismic data that it collects by fourfold, while reducing costs and acquisition time by half of what it spends today. -
A destructive run of three hurricanes has been a catalyst for a flurry of innovations in decommissioning shallow-water wells in the US Gulf of Mexico.
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Diamond-tipped cutters are the leading edge for technology development as companies seek an advantage that will allow customers to drill faster and longer before changing bits.
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The variables defining drill-bit performance cover a lot of ground. There is a lot of attention given to cutters studding diamond drill bits, but just as important are what is in the rest of the drillstring and the decisions made by the driller.
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For decades, the industry has worked to realize the potential of gathering seismic data in wells. But it is a hostile environment for standard equipment. An inventor has developed a fiber optic system that can handle the heat, but he needs backers to see if it can deliver in the ground.
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The lifespan of a huge, old oil field in Oklahoma is now linked to a fertilizer plant 68 miles away. Chaparral Energy is capturing 45 million ft3/D of carbon dioxide (CO2) that had previously been vented into the atmosphere in Coffeyville, Kansas, compressing it, and sending it via a pipeline.
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Tests showing increased recoveries in the Bakken formation using CO2 could have significant implications for the upstream oil and gas industry.
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Oxane Materials' advanced cerammic proppant travels farther during fracturing in larger quantities, thereby leading to smoother, higher flows of oil and gas.
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The rapid growth of progressing cavity pumps is an example of how new uses continue to emerge for older technology.
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