RPSEA Outlines Oil & Gas Research Needs for the Next Decade 0

The nonprofit research Partnership to Secure Energy for America (RPSEAhas unveiled a comprehensive 10-year plan for advancing research into sustainable oil and gas technology that aims to help cement the status of the U.S. as a leading global producer well into the future.

The wish list of research needs addresses a diverse roster of topics that ranges widely from studies on streamlining the development of offshore reservoirs to improving well recovery in shale plays and advancing environmentally sensitive practices.

“No one knows what the energy industry will look like in the next 10 years, but we do know in order to maintain our leadership position, the United States must compete on a global basis, (and) take full advantage of rapidly evolving technology and address the variety of challenges we will face,” RPSEA President Tom Williams said in a press release.

The Research & Development Plan (R&D Plan) is being released at a critical point in the history of the U.S. oil industry.

Fueled by the shale revolution and development of complex deepwater reservoirs, U.S. oil production surged to a 37-year high of 10 million barrels per day in November and output is expected to continue climbing to a fresh all-time record this year, according to the federal Environmental Information Administration.

U.S. oil production hit a 37-year high of 10 million b/d in November 2017. Source: EIA

With output pushing higher and an oil-friendly administration in the White House, the need to focus on sustainable, environmentally conscious development practices is more apparent than ever.

The R&D Plan draws heavily on input from industry stakeholders and RPSEA’s network of subject matter experts, including universities, national laboratories, as well as large and small energy producers and consumers. It also builds on the foundation of RPSEA’s successful program in the past decade working with the industry, academia, and the Department of Energy National Energy Technology Laboratory (NETL).

Onshore Research Needs

Included in the research needs outlined in the R&D Plan are calls for studies into the most effective strategies and technologies for developing unconventional reservoirs, such as the Marcellus Shale in Appalachia, the Bakken Shale in North Dakota and the Eagle Ford Shale in Texas.

The report notes that the average U.S. shale well currently recovers less than 10% for oil production and 15% for gas production, making the enhancement of reservoir recovery an issue of great interest for all stakeholders. It suggests research into better reservoir characterization to improve the well design and wellbore placement to boost recovery.

As shale development increases, the R&D Plan also recommends examining of issues surrounding flowlines, pipelines, and stray gas especially in areas where population growth has occurred on top of old and sometimes abandoned flowlines that were not mapped or identified.

This need was highlighted last year by an incident in Firestone, Colorado. A home in relatively new Front Range neighborhood was destroyed in an explosion linked to an old flowline that was thought to be out of service. The accident led to two deaths and prompted state regulators to call for the inspection of wells and flowlines across the state.

“The domestic unconventional gas resource has dramatically altered the energy picture in the U.S.,” the report said. “As attention turns toward shale gas resources around the world, the technologies developed through this program and applied to the environmentally responsible development of domestic resources will keep U.S. companies and universities in the forefront of global unconventional resource development.”

The R&D Plan also included a call for documenting the impact of shale gas production on regional air and water quality, with proposed projects on environmental baseline monitoring, fugitive methane emissions and fracturing flow back water characterization.

Water management was highlighted as a universal issue, with the cost of recycling being an important factor. Though the report noted that advances are somewhat restricted by regulations, liability, risks, transportation, sourcing, and disposal. It also highlighted a need for research and better technologies to monitor and manage water disposal related to induced seismicity.

Offshore Research Needs

Offshore production research needs were also a subject of significance in the R&D plan. In recent years, several big deepwater developments have come online that pushed the technological boundaries of the industry to new limits and helped to propel production from the federal Gulf of Mexico to a record 1.7 million b/d in November, EIA data show.

Deepwater reservoirs are particularly challenging and costly to develop. They require years of advance planning and pose unique operating challenges and risks.  The R&D plan recommends further research into a variety of issues associated with this output to find ways to streamline the process of bringing new wells online while minimizing environmental impacts.

“The goal of Offshore Program is to develop environmentally sensitive, cost-effective technologies to identify and develop resources in increasingly challenging conditions and ensure that the understanding of the risks associated with deepwater operations keeps pace with the technologies that industry has developed,” the R&D Plan said.

Becoming a Safety Leader

The research model RPSEA has developed includes actively engaging stakeholders across the entire community of energy producers, researchers, technology providers, regulators and environmental groups.

And while the R&D Program was primarily developed to promote the safe delivery of energy resources to U.S. citizens, any discoveries could also be extended to oil and gas production in other countries across the world.

“While the U.S. is currently a leader in terms of the development of oil and gas (in particular, the onshore unconventional shale resources), other nations are beginning to see these resources as an important component of a plan to move toward a lower-carbon, sustainable energy mix,” Williams said.

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Siemens Energy partners with Linde Engineering to accelerate decarbonization efforts in the petrochemical sector  0

PRESS RELEASE

Siemens Energy partners with Linde Engineering to accelerate decarbonization efforts in the petrochemical sector 

Decarbonization requires partnership; Linde Engineering and Siemens Energy will explore how renewable technologies and energy storage can be leveraged to support customers’ decarbonization initiatives.

To help the industry meet these demands, Siemens Energy and Linde Engineering have entered into a strategic partnership. As part of the collaboration agreement, the two companies will leverage their complementary portfolios and competencies to investigate, develop, and optimize technology and equipment packages to enhance the sustainability and performance of petrochemical facilities (brownfields and greenfields).

The companies will jointly conduct studies that explore how Siemens Energy’s and Linde Engineering’s technologies can be combined to facilitate the decarbonization of petrochemical plants through emissions reductions and increases in energy efficiency – for example, by optimizing the consumption of power and steam.

Particular areas that will be evaluated include, but are not limited to, the use of Siemens Energy’s products, including gas turbines, steam turbines, compressors, and generators with Linde Engineering’s steam cracker technology and related processes for olefin production, purification, and separation. The companies will also explore how renewable technologies and energy storage can be leveraged to support customers’ decarbonization initiatives. Other key performance areas that will be targeted for improvement include plant availability and uptime, maintenance, OPEX and CAPEX, and regulatory compliance.

“The core competencies and technology portfolios of Siemens Energy and Linde Engineering are highly complementary,” said Thorbjoern Fors, Executive Vice President for Siemens Energy Industrial Applications. “Our experience in designing and building low-emissions energy systems, coupled with Linde Engineering’s expertise in steam cracker technology and other downstream processes, will enable us to unlock tremendous value for petrochemical customers, who are under intense pressure to reduce costs and decarbonize.”

“The partnership builds on the longstanding and trustful business relationship that Siemens and Linde Engineering have maintained for decades,” said John van der Velden, Senior Vice President Global Sales & Technology at Linde Engineering. “It represents a key step in helping the industry drive toward a more sustainable, profitable future and in offering our customers a more efficient solution for ethylene production.”

Siemens Energy is one of the world’s leading energy technology companies. The company works with its customers and partners on energy systems for the future, thus supporting the transition to a more sustainable world. With its portfolio of products, solutions, and services, Siemens Energy covers almost the entire energy value chain – from power generation and transmission to storage. The portfolio includes conventional and renewable energy technology, such as gas and steam turbines, hybrid power plants operated with hydrogen, and power generators and transformers. More than 50 percent of the portfolio has already been decarbonized. A majority stake in the listed company Siemens Gamesa Renewable Energy (SGRE) makes Siemens Energy a global market leader for renewable energies. An estimated one-sixth of the electricity generated worldwide is based on technologies from Siemens Energy. Siemens Energy employs 91,000 people worldwide in more than 90 countries and generated revenue of around €29 billion in fiscal year 2019.

For further information on Siemens Energy, please see
www.siemens-energy.com

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Janet Ofano

Siemens Energy

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Halliburton forms strategic agreement with Microsoft and Accenture to advance digital capabilities 0

HOUSTON – July 17, 2020  Halliburton (NYSE: HAL), Microsoft Corp. (Nasdaq: MSFT) and Accenture (NYSE: ACN) today announced they have entered into a five-year strategic agreement to advance Halliburton’s digital capabilities in Microsoft Azure.

Under the agreement, Halliburton will complete its move to cloud-based digital platforms and strengthen its customer offerings by:

  • Enhancing real-time platforms for expanded remote operations,

  • Improving analytics capability with the Halliburton Data Lake utilizing machine learning and artificial intelligence, and

  • Accelerating the deployment of new technology and applications, including SOC2 compliance for Halliburton’s overall system reliability and security.

Halliburton logo“The strategic agreement with Microsoft and Accenture is an important step in our adoption of new technology and applications to enhance our digital capabilities, drive additional business agility and reduce capital expenditures,” said Jeff Miller, Halliburton chairman, president & CEO. “We are excited about the benefits our customers and employees will realize through this agreement, and the opportunity to further leverage our open architecture approach to software delivery.”

“Moving to the cloud allows companies to create market-shaping customer offerings and drive tangible business outcomes,” said Judson Althoff, executive vice president, Microsoft’s Worldwide Commercial Business. “Through this alliance with Halliburton and Accenture, we will apply the power of the cloud to unlock digital capabilities that deliver benefits for Halliburton and its customers.”

Accenture logoThe agreement also enables the migration of all Halliburton physical data centers to Azure, which delivers enterprise-grade cloud services at global scale and offers sustainability benefits. Accenture will work closely with Microsoft, in conjunction with their Avanade joint venture, to help transition Halliburton’s digital capabilities and business-critical applications to Azure. Accenture will leverage its comprehensive cloud migration framework, which brings industrialized capabilities together with exclusive tools, methods, and automation to accelerate Halliburton’s data center migration and provide for additional transformation opportunities.

“Building a digital core and scaling it quickly across a business is only possible with a strong foundation in the cloud,” said Julie Sweet, chief executive officer, Accenture. “Halliburton recognizes that this essential foundation will provide the innovation, efficiency and talent advantages to do things differently and fast. We are proud to be part of driving this transformational change, which builds on our long history of working with Halliburton and Microsoft.”

The companies expect to complete the staged migration by 2022.

About Microsoft

Microsoft (Nasdaq “MSFT” @microsoft) enables digital transformation for the era of an intelligent cloud and an intelligent edge. Its mission is to empower every person and every organization on the planet to achieve more.

About Halliburton

Founded in 1919, Halliburton is one of the world’s largest providers of products and services to the energy industry. With approximately 50,000 employees, representing 140 nationalities in more than 80 countries, the company helps its customers maximize value throughout the lifecycle of the reservoir – from locating hydrocarbons and managing geological data, to drilling and formation evaluation, well construction and completion, and optimizing production throughout the life of the asset. Visit the company’s website at www.halliburton.com. Connect with Halliburton on FacebookTwitterLinkedInInstagram and YouTube.

About Accenture

Accenture is a leading global professional services company, providing a broad range of services in strategy and consulting, interactive, technology and operations, with digital capabilities across all of these services. We combine unmatched experience and specialized capabilities across more than 40 industries — powered by the world’s largest network of Advanced Technology and Intelligent Operations centers. With 513,000 people serving clients in more than 120 countries, Accenture brings continuous innovation to help clients improve their performance and create lasting value across their enterprises. Visit us at www.accenture.com.

For Microsoft

Microsoft Media Relations
WE Communications for Microsoft
(425) 638-7777
rrt@we-worldwide.com

For Halliburton

Investors:
Abu Zeya
Halliburton, Investor Relations
Investors@Halliburton.com
281-871-2633

Media:
Emily Mir
Halliburton, Public Relations
PR@Halliburton.com
281-871-2601

For Accenture
 Christian Harper
Accenture Media Relations
Christian.harper@acccenture.com
516-434-8615

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