Editor's note: This "Tech Trends" section appears in the new 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.
De Nora's new system designed for marine biofouling prevention in offshore oil and gas
De Nora has released its SANILEC TRP low-maintenance seawater electrochlorination (SWEC) system for marine biofouling prevention in offshore oil and gas and coastal applications. Powered by a new self-cleaning cell technology, the SANILEC TRP system improves safety and efficiency while minimizing operating expenses. Marine biofouling, the accumulation of detrimental biological matter on the surface of submerged objects and in pipes, is an age-old problem. The damaging impacts of marine biofouling, including environmental and economic consequences, are of particular concern for offshore production facilities. Marine growth can reduce a firewater or cooling system’s efficiency, leading to equipment damage, compromised safety and unexpected maintenance costs. SWEC systems use a simple electrolytic process, combining two standard consumables (seawater and electricity) to safely generate a critical hypochlorite solution. Like other similar technologies, prior De Nora electrodes have required chemical cleaning to maintain and extend their service life. The new self-cleaning cell technology in the SANILEC TRP unit eliminates the need to purchase, store and handle hazardous chemicals for system maintenance.
EQT partners with Cheniere and others to advance GHG emissions monitoring technologies and protocols
EQT Corp. has joined a project that is led by Cheniere Energy Inc., the largest U.S. producer of LNG, and includes several other upstream operators and academic institutions, with the purpose of advancing quantification, monitoring, reporting and verification (QMRV) of greenhouse-gas (GHG) emissions performance at natural gas production sites. The project is intended to improve the overall understanding of upstream GHG emissions and further the deployment of advanced monitoring technologies and protocols. As part of this collaborative R&D initiative, multiple ground-based, aerial and satellite monitoring technologies will be utilized to establish baseline emissions levels, monitor sites for CO2 emissions and both fugitive and vented methane emissions, verify emissions performance and identify opportunities to reduce emissions. Independent technical experts will verify the emissions data. EQT's participation in the project will cover nine wells located in southwestern Pennsylvania. The project will follow a QMRV protocol designed by Cheniere and a QMRV plan jointly developed by Cheniere and EQT, which has been specially tailored to EQT's operations and facilities. EQT will also deploy continuous detection technologies as part of this project.
Blackbird BI's new online oil and gas production forecasting tool
Blackbird BI LLC has announced the availability of its featured Power BI data visualization tool called Oil and Gas Production Forecast Scenarios. The new tool provides extensive scenario capabilities and a county-level view of production from horizontal and vertical wells. This online data report combines historic monthly production for more than 650 counties with 10 forecast scenarios to help users gauge risk and likelihood of outcome. The Blackbird BI data platform allows users to quickly see the trends and forecast assumptions driving U.S. oil and gas production; analyze base declines faster than the competition with Blackbird's Zero Rig case; easily find counties and scenarios with the most growth over the next five years; and see permits, rig counts, well starts, IP rates, decline curves, GORs and more.
CGG software enhancements improve E&P project performance
CGG GeoSoftware has released version 11.0 of its extensive portfolio of reservoir characterization and petrophysical interpretation software solutions. GeoSoftware 11.0 integrates all of GeoSoftware’s technologies, including Jason, HampsonRussell, PowerLog, RockSI, InsightEarth and VelPro, so they can now work together on a single platform. This advanced integration features flexible cross-product workflows to improve E&P project performance and provide a better understanding of reservoir properties. "Continuous innovation leveraged in GeoSoftware 11.0 includes enhanced cloud and machine learning capabilities, optimized computing performance and a superior user experience," the company boasted in a release.
Talos Energy and Storegga form CCS JV focused on US Gulf Coast and GoM
Talos Energy Inc. has formed an exclusive joint venture (JV) with Storegga Geotechnologies Ltd. to source, evaluate and develop carbon capture and storage (CCS) project opportunities on the U.S. Gulf Coast and Gulf of Mexico (GoM), including state and federal waters offshore Texas, Louisiana, Mississippi and Alabama. The partners are actively exploring opportunities with counter-parties along the CCS value chain. Under the JV framework, the partners, in collaboration, will originate and mature CCS ventures with emitters, infrastructure providers, service companies and financing partners, among others. The JV combines the strengths of Talos' offshore operational and subsurface expertise with Storegga's end-to-end CCS project experience. Under the terms of the agreement, as individual CCS projects are matured in the future, each will be ring-fenced with separate operating agreements, financing structures and the possibility of additional working interest partners. The agreement requires zero upfront capital commitments, and the partnership will share costs 50/50 in the initial phases. Talos is designated as the operating partner of the JV.
Hunting releases dual-mode firing head
The Titan Division of Hunting Energy Services, a subsidiary of Hunting Plc, has added a dual-mode firing head to its comprehensive tubing-conveyed perforating equipment line. Utilized as either a bar-drop or a hydraulic firing head, this latest addition is an economical solution to maintaining two different firing head inventories, while allowing the operational flexibility to run either type of toolstring.
Pillsbury map tracks global hydrogen projects
Pillsbury has released the only public resource tracking the development of hydrogen projects worldwide. This valuable resource is accessible at TheHydrogenMap.com. The Pillsbury map concentrates on green and blue hydrogen projects—production facilities that meet low-carbon thresholds by using either zero-carbon sources such as renewables or nuclear power or by capturing, storing or reusing carbon emissions produced by fossil fuel-based hydrogen production methods—with more than 200 projects already included. This dataset will expand over time, with existing entries updated as projects progress and the potential to add more information to help readers find projects of interest to them. Some notable findings based on Pillsbury's research include:
- While 57 hydrogen projects (26% of those tracked) are currently operational, 58 others will be in development by the end of 2021, and construction of another 92 is scheduled to begin in the next decade.
- Global growth is thus far being driven by Western Europe and Asia Pacific, with these regions accounting for more than 83% of known low-carbon hydrogen projects, but hydrogen projects in the U.S. are on the rise.
- Green hydrogen projects—which generate hydrogen using zero-carbon sources such as renewables or nuclear power—currently dominate the market, with 52 operational projects globally.
- A hydrogen production facility being built at the Tabangao refinery in Batangas, Philippines, is slated to be the first to generate blue hydrogen, in which hydrogen is produced using fossil-fueled sources but the resulting carbon emissions are captured, stored or reused.
Callon Petroleum and Carrizo Oil & Gas said Dec. 20 that shareholders from both companies voted to approve its pending merger, which had initially faced shareholder opposition.
Carrizo Oil & Gas is reportedly considering a merger with rival U.S. shale producer SM Energy, according to a recent report by Bloomberg citing people familiar with the matter.
Today’s featured Forty Under 40 honoree is John Argo, Continental Resources’ vice president of business development who has helped the Oklahoma City-based oil producer reduce its debt by more than $1 billion.