[Editor's note: This article originally appeared in the January 2020 edition of E&P. Subscribe to the magazine here.]
Innovation is the lifeblood of the oil and gas industry. However, innovation requires invention. Invention requires ideation. Ideation requires inspiration.
The value of an idea is found in how it is used, as Thomas Edison, the inventor of the modern-day lightbulb and more, once noted. Ideas and all of their possible uses become reality when the brightest minds transform inspiration into innovation.
In recognition of the oil and gas industry’s brightest minds, inventive innovators and leaders of cutting-edge technology development, E&P is proud to announce the 2020 Energy Innovators.
These men and women, nominated by their peers and colleagues, have demonstrated leadership and made significant contributions to advancing oil- and gas-related technologies. It is in their hands that the next generation of innovations and the industry will thrive.
—By Jennifer Presley, Executive Editor, E&P
For complete details on all the
2020 Energy Innovators honorees,
please visit hartenergy.com/energy-innovators.
2020 ENERGY INNOVATOR HONOREES
Brent and WTI crude are tracking well so far. However, in its latest oil price forecast, Stratas Advisors says U.S. production will be a key variable going forward that will affect the future supply/demand dynamics and oil prices.
Saudi Arabia delivered the biggest increase in July of 460,000 bbl/d of oil, as it further unwound its voluntary cut and raised output as part of the July 1 OPEC+ boost.
The new pipeline in the south will start in Tuxpan in the Mexican state of Veracruz and run by sea to link with the Mayakan pipeline in the states of Campeche and Tabasco.