There are many directions for low-cost oil and gas technology.

  1. In terms of geophysical exploration, it mainly includes intelligent and efficient acquisition technology, automatic processing and interpretation technology of geophysical data based on deep learning, and intelligent management technology of the whole process of geophysical exploration.

  2. In drilling and completion engineering, it mainly includes precision oriented intelligent automatic drilling and completion technology, drilling and completion engineering geological integration and wellbore integrity technology, intelligent fracturing equipment and technology, and intelligent robot fracturing construction technology.

  3. In terms of oil and gas field production and operation, it mainly includes a new generation of artificial intelligence oilfield technology based on big data and deep learning, intelligent cloud network platform technology for petroleum industry, and artificial intelligence robot technology.

  4. Information technology will reshape the energy future

At present, the world is experiencing the fourth Industrial revolution, information technology is changing rapidly, and big data, artificial intelligence, blockchain and other technologies are developing rapidly. These emerging technologies create opportunities for the development of the energy industry, and their deep integration with the energy industry is an important way to obtain low-cost technologies. Low-cost technologies will change the world's energy landscape and reshape the energy industry of the future.

The energy industry was one of the first to benefit from digitalization. Power plants, coal mines and oil and gas fields have long begun to apply information technology such as computers to improve the level of automation and management, and now put forward digital power plants, digital mines, digital oil fields, digital refineries and other concepts, which greatly improve labor productivity and reduce labor costs. The current and future period is an era from digitalization to intelligence. Smart power plants, mines, oil fields and refineries will further optimize the production process, streamline the organization and personnel - the "unmanned management" of the factory is the basic model, which will greatly change the industry ecology.

Information technology is restructuring the energy system from a wider and deeper level. From the production end to the consumption end, digitalization will systematically change the entire industry chain and ecological system of energy, so that each link of the entire industry chain is organically combined, thus greatly improving the efficiency of energy utilization. Emerging technology companies such as Huawei, Alibaba, Tencent, Google, and Tesla are all operating in the energy field - through big data, artificial intelligence and other means to improve the flexibility of the entire system, thereby greatly improving energy efficiency, and thus changing the industrial chain structure and business model of the entire industry.

Blockchain technology will inject new impetus into the energy industry. Blockchain technology has been more widely used in the energy field, in the crude oil as the representative of the energy trading platform, renewable electricity point-to-point trading, electric vehicle charging, grid asset management, green card tracking management and even virtual energy currency and other fields have emerged, which will bring more profound changes to the energy field.

Digital transformation will reshape the oil and gas industry. The comprehensive integrated and innovative application of the new generation of artificial intelligence technology in the upstream of the petroleum industry will produce a new generation of artificial intelligence oilfield technology, achieve the upgrading and optimization of the traditional process of the oil and gas industry and organizational reconstruction, greatly reduce the cost of the oil and gas industry, enhance the competitiveness of enterprises and the sustainable survival of the oil and gas industry.

Disruptive technologies are the biggest variable in the future of energy

Energy technology is one of the most important and active fields of scientific and technological innovation. Disruptive new technologies are likely to emerge in oil and gas, hydrogen energy, energy storage, nuclear fusion energy, etc. No matter what kind of disruptive technology appears, it will greatly change the world energy supply and demand pattern.

Disruptive technologies in oil and gas

Multi-stage water fracturing technology of horizontal well will realize economical and effective exploitation of shale oil and gas. This disruptive technology could dramatically change the global energy landscape. Applying the method of combining physics and chemistry to the in-situ modification of low maturity shale oil and heavy oil may be another revolution after the "shale revolution". Once this disruptive technology is successful, another huge oil and gas resource will be economically and efficiently developed and utilized. Nanotechnology and new materials also have the potential to lead to disruptive enhanced oil and gas recovery technologies, such as subsurface nanorobot flooding and subsurface oil-water separation. The combination of multi-purpose laser tools and drilling technology may subvert the traditional drilling method, that is, laser melting instead of mechanical rock breaking, and improve drilling efficiency.

Hydrogen energy technology

The key to the disruptive impact of hydrogen energy technology in the energy field lies in the low-cost, high-performance hydrogen fuel cell technology and low-cost, high-efficiency industrial hydrogen production technology. In recent years, all countries in the world have recognized the importance of hydrogen energy as a secondary energy in the energy transition, many countries have attached great importance to the development of hydrogen energy industry, the hydrogen energy industry to the height of the national energy strategy, the formulation of hydrogen energy development strategy, and the introduction of support policies to promote its development. Once a major breakthrough is made in the electrolytic hydrogen production technology with new materials such as graphene and nano-metamaterials, it will be possible for hydrogen fuel to replace fossil fuels on a large scale or even completely. With the maturity of new material polymer electrolyte membrane fuel cell technology and the improvement of related infrastructure, hydrogen-powered cars, trains and ships will replace fuel motor vehicles as the main means of transportation. In Europe, a number of pilot projects have been carried out to blend hydrogen into natural gas pipelines in order to prepare for the large-scale development of the hydrogen industry.


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