Transformative Technologies for Accelerating the Energy Transition
Transformative Technologies for Accelerating the Energy Transition

02/09/2024

Roy Greig, Senior Vice President, and Sven Kristian Hartvig, Vice President New Energy Domain: RESMAN Energy Technology

Transformative Technologies for Accelerating the Energy Transition

The energy transition represents a fundamental shift in the way we generate, distribute, and consume energy. Technology innovation is paramount for addressing the imperative of the energy transition as a systemic challenge transcending geographical and industry boundaries. Among the myriad technological advancements, tracer technologies play a pivotal role in enhancing exploration and production across energy segments, bringing a level of precision and understanding that is paramount for energy efficiency, safety, and environmental stewardship.

Enhancing oil recovery with precision: tracer technologies revolutionize the way we approach reservoir management and enhanced oil recovery (EOR). By injecting tracers into reservoirs, we gain unparalleled insights into fluid dynamics, flow patterns, and the effectiveness of recovery processes. This precision allows for targeted interventions, optimizing reservoir performance and maximizing oil extraction while minimizing environmental impact.

Mitigating the environmental impact of oil and gas operations: by precisely tracking fluid movements, detecting potential leaks, and monitoring the migration of reservoir fluids in oil and gas operations, tracers contribute to early intervention and containment strategies, while minimizing environmental impact. By providing close to real-time data on potential leaks and fluid migration, tracers help with proactive environmental management, aligning with the industry's commitment to responsible extraction.

Understanding the subsurface for improved reservoir modelling: as a proof of mass transport the tracers serve as our “eyes” beneath the surface, helping to understand the subsurface geology and fluid dynamics. Understanding the intricate pathways of fluids allows for more accurate reservoir modelling. Whether in conventional or unconventional reservoirs, . This not only optimizes production but also aids in the responsible development of subsurface resources.

Increasing operational efficiency: operational efficiency is increasingly synonymous with sustainability. By precisely characterizing fluid behaviour, tracer technology can help the operators fine-tune production strategies, optimize injection patterns, and reduce energy-intensive processes. The result is a more efficient and economical reservoir recovery and reduced carbon footprint, in line with the broader goals of the energy transition.

Enabling deployment of CCUS projects: tracers are an integral tool in the deployment of Carbon Capture, Utilization and Storage (CCUS) projects. For Monitoring, Measurement and Verification (MMV) in CCUS projects they play a pivotal role in monitoring the movement of CO2 plume and verifying caprock and well integrity for secure storage underground, ensuring the integrity of geological storage sites and bolstering confidence in CCUS as a viable strategy for climate mitigation.

Unlocking new energy sources: in the pursuit of diversified energy sources, tracer technologies help to unlock the potential of unconventional energy resources. Tracers offer a lens into the behaviours of subsurface fluids, enabling more informed decision-making and sustainable development of new energy sources. The harsh terrains of oil and gas operations demand technologies that can withstand any reservoir conditions. Tracers, with their robust design and adaptability, have proven invaluable in monitoring fluid movements in remote and ecologically sensitive areas, applicable across new energy domains.

Geothermal energy: tracers offer invaluable insights into subsurface fluid dynamics in geothermal energy sources. By precisely tracking the movement of fluids in geothermal reservoirs, tracers empower operators to optimize injection and extraction strategies, contributing to the longevity and effectiveness of geothermal projects.

Hydrogen: tracer technologies are also well-suited for the emerging hydrogen landscape, offering valuable insight into the behaviour of fluids in hydrogen production, storage, and transportation processes.

RESMAN Energy Technology has pioneered tracer technologies across energy segments for 30+ years. The company’s technologies are designed to be inert to chemical and physical properties that can greatly affect the signal of other technologies, and the results provide a lower resulting carbon footprint. The technologies are especially useful in less understood reservoirs such as geothermal, and in CCS in both saline aquifers and depleted hydrocarbon formations.

Roy Greig, Senior Vice President, and Sven Kristian Hartvig, Vice President New Energy Domain: RESMAN Energy Technology

In partnership with
Bilateral Chamber
www.bilateralchamber.org