GE, Devon to develop technologies for US unconventionals

Posted on 28 May 2014

By Jesse Maldonado, associate editor

GE Oil & Gas and Devon Energy have signed a technology collaboration agreement to bring new and enhanced technologies to unconventional oil and gas projects in the US. The agreement was announced during the groundbreaking ceremony for GE’s new Oil & Gas Technology Center in Oklahoma City, Okla., on 12 May. The agreement covers the development of:

  • Advanced drilling technologies to improve performance, reduce costs and reduce environmental impact;
  • Water treatment and processing to reduce water use and better utilize water resources for unconventional oil and gas fields; and
  • Artificial lift systems, which will be used for increasing the flow of liquids from production wells.

“These agreements are intended to develop a close relationship with the customer around the development of technology,” Eric Gebhardt, Chief Technology Officer, VP of Engineering for GE Oil & Gas, said. “We saw the need in this space to create a center that would be more applied research and development. We are taking the technologies from the technology stage into a first prototype and working directly with the customers. Oklahoma City was a great location, especially in the unconventional space with the close proximity of the customers and the universities, which can provide a very high skilled workforce.”

GE’s new technology center is scheduled to open in Q3 2015. Mr Gebhardt said GE has already hired 25 people into their roles and expects to hire five people per month going forward until it reaches the target of 130 high-tech professionals.

Part of the technology center’s role will be to pull together technologies from GE’s existing eight R&D centers around the world. “It’s already starting to have big benefits for the General Electric Co,” Mr Gebhardt said. “For instance, in our center in Bangalore, India, we’re developing multiphase flow metering technology that will feed into oilfield optimization solutions that will be developed here at the center in Oklahoma. When we look at pumping technologies or at some of our subsea technologies that could fit into the oil and gas space, it will flow through this center from the eight R&D centers around the world.”

The technology center is part of GE’s three-year effort to triple R&D investment in the oil and gas industry. It will also focus on solutions related to well construction, production systems, water use optimization, CO2 solutions and energy systems.

“One exciting area is going to be around CO2, both for enhanced oil recovery technologies, as well as for hydraulic fracturing using CO2 in areas that don’t have plentiful water supplies,” Mr Gebhardt added. “We are going to be partnered on the CO2 hydraulic fracturing project with Statoil. This project is bringing partners from around the world into Oklahoma City and into this center, where we’ll be able to advance the technologies going forward.”

Leave a Reply

*

FEATURED MICROSITES


Recent Drilling News

  • 31 October 2014

    Japan Drilling to operate new jackup under construction at Keppel

    The KFELS Super B Class design has a drilling depth of 35,000 ft. The rig's leg structure is designed to provide enhanced robustness for operations at 400 ft water depth...

  • 29 October 2014

    New intelligent water management solution based on oxidizer technology

    Nalco Champion has launched the RenewIQ line of oilfield water reuse solutions to help operators reduce freshwater consumption and associated handling costs...

  • 29 October 2014

    Baker Hughes launches all-electric intelligent well system

    Baker Hughes has commercially released its MultiNode all-electric intelligent well system. It allows operators to remotely monitor and control a greater number of production zones...

  • 29 October 2014

    Tercel collaborates with TOTAL to design MicroCORE PDC drill bit

    Tercel Oilfield Products has launched the MicroCORE cutting system at the 2014 SPE Annual Technical Conference and Exhibition in Amsterdam. The MicroCORE cutting...

  • 28 October 2014

    First extension well in pre-salt Libra leads to oil discovery

    The Libra consortium announced that the drilling of the first extension well in the Libra area, known as 3-BRSA-1255-RJS (3-RJS-731), has proven the discovery of high-quality oil...

  • Read more news