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Editor's note: This "Tech Trends" section appears in the E&P newsletter. This weekly section highlights the latest upstream technologies and services for the oil and gas industry. The copy herein is compiled from press releases and product announcements from service companies and does not reflect the opinions of Hart Energy. Submit your company’s updates related to new technology products and services to Ariana Hurtado at firstname.lastname@example.org. Subscribe to the E&P newsletter here.
Nanotechnology educational tool helps oil and gas industry
Nissan Chemical America Corp., a nanotechnology company, released nanoActiv U. It is the first and only free educational resource dedicated to nanotechnology in the oil and gas industry and includes a thorough exploration of the science, applications and real-world results of nanoparticle solutions. The product features more than 50 educational videos, with additional content scheduled for launch in 2022. All content is free and available at nanoActivU.com. Nissan Chemical America is a company specializing in the development of innovative nanoparticle solutions for a broad spectrum of industries and is committed to providing the oil and gas industry the learning tools necessary to explore and adopt these technologies.
New features manage Texas Railroad Commission induced seismicity regulations
Sourcenergy built in features and capabilities into their platform to help tackle the challenges of induced seismicity and the recent Texas Railroad Commission restrictions in and around seismic response areas (SRA). Sourcenergy identifies the disposal wells affected by these new restrictions within the SRA along with details such as total amount of produced water (in barrels per day) impacted on a well by well basis. In addition, customers can see which disposals, both in and outside of the SRA, are still available to handle more produced water.
Robot made to accelerate solar construction
The AES Corp. released Atlas, a solar installation robot. Atlas represents a major advancement in solar energy technology, making it faster, more efficient and safer to construct new solar facilities. It was designed by AES through a multiyear innovation process and built in cooperation with Calvary Robotics and other third parties. AES teams will use the technology as a next generation tool in the construction of new solar projects. It will complement the workforce by keeping them safe and performing the heavy lifting, placing and attachment of solar modules while adding high-tech jobs. Electricity plays a central role in the net-zero future, and solar energy is an increasingly attractive option as one of the most cost effective and abundant renewable energy resources. The work the company is doing to reimagine solar is helping organizations meet their clean energy objectives while accelerating the net-zero future of energy.
2024-01-03 - CNOOC’s South China Sea development is expected to reach peak production of 22,600 bbl/d in 2025.
2024-01-09 - ONGC’s M Field represents the second phase of the larger 98/2 Block development project which is expected to reach peak production of 45,000 bbl/d and 10 MMcm/d.
2024-01-07 - California’s Trio Petroleum plans to restart oilfield production at McCool Ranch, where six wells that previously reached a production peak of 400 bbl/d.
2024-01-19 - Guyana’s economy is expected to grow 34.3% in 2024, exceeding growth of 33% in 2023, as an Exxon Mobil Corp.-led consortium ramps up offshore oil production, according to Guyana’s finance minister Ashni K. Singh.
2024-01-16 - The Port of Corpus Christi is the U.S.’ largest energy export gateway and in terms of total revenue tonnage as increased midstream investments have opened export markets for the prolific Permian Basin.