Technology

With abundant natural gas and oil supplies, no “major” technology breakthroughs are needed to meet an estimated at 2.5 trillion boe of demand by 2050, but by applying today’s best available technologies reserves could nearly double, while future technologies would add even more, BP plc said Monday in a report.

While coalition-backed research on natural gas vehicle (NGV) methane emissions is ongoing at the University of West Virginia (see Daily GPI, Sept. 14), a Carnegie Mellon University (CMU) study of potential greenhouse gas (GHG) emissions from NGVs has some troubling findings.

Schlumberger Ltd. is expanding its repertoire after purchasing synthetic diamond expert Novatek Inc., a frequent drillbit technology partner.

Stagnant oil and natural gas prices have put the hurt on the exploration and production (E&P) sector and oilfield service firms, but there’s probably no better time to make investments in energy, particularly new companies and new technologies, two private equity (PE) experts told a Denver audience on Wednesday.

Despite New York enacting a ban on high-volume hydraulic fracturing (HVHF) last month, Tioga Energy Partners LLC has submitted permit applications to drill one shale gas well in Tioga County using gelled liquid petroleum gas (LPG) instead of water, a technology the company says puts the well outside the scope of the ban.

Despite New York enacting a ban on high-volume hydraulic fracturing (HVHF) last month, Tioga Energy Partners LLC has submitted permit applications to drill one shale gas well in Tioga County using gelled liquid petroleum gas (LPG) instead of water, a technology the company says puts the well outside the scope of the ban.

With a new acceptance by federal aviation regulators, the use of unmanned aerial systems (UAS), or drones, in the energy industry is likely to expand in ways only partially envisioned today, according to a report released Friday by RBN Energy LLC.

With a new acceptance by federal aviation regulators, the use of unmanned aerial systems (UAS), or drones, in the energy industry is likely to expand in ways only partially envisioned today, according to a report released Friday by RBN Energy LLC.

United Kingdom-based Velocys plc views the United States as a proving ground for its nascent small-scale gas-to-liquids (GTL) technology, with the country’s abundant shale natural gas expected to give the process a boost and make it the midstream sector’s next major segment.