[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
Energy scholar Robert Bryce offers an unabashed view of the shale revolution, climate change and the future of energy. Spoiler alert: don’t expect oil and gas to disappear anytime soon.
The Scoop and Stack plays are still in the money but only with improved well spacing and effective management of frac-driven interactions.
Unconventional rig count is up 16 units this year, or 2.5%, though activity still remains flat when compared to the 4Q19 average. Last week’s tally fell three rigs to 649 on the basis of modest declines in the Eagle Ford and Permian. Some rebalancing is underway this year with modest recoveries in the Midcontinent after last year’s precipitous two thirds decline in activity. With oil prices now below $50 it appears the 1Q20 average may come in flat with compared to activity levels in the final quarter of 2019.