Exploration and Production

The global addiction to oil and gas is expanding at a rate that far outstrips the growth rate of production, including any advances in alternate fuels. Upstream oil and gas producers are on track to spend half a trillion dollars annually, fueled by demand approaching 100 million barrels of oil per day, to explore, develop, and produce from new reserves. However, technology will be the differentiating factor for successful companies in this sector. New and innovative solutions will unlock reserve potential and ensure that production is economical.

Despite alluring growth prospects, the industry faces significant headwinds, such as regulatory pressures and environmental concerns. Understanding the level of interplay between these different elements is critical to effective innovation. Lux Research’s coverage of the upstream energy sector allows companies to make intelligent business decisions by:
  • Identifying and monitoring new step-change innovation
  • Assessing a wide variety of companies, both established and emerging
  • Identifying and harnessing cutting edge innovations from adjacent industries
  • Understanding and leveraging a politically driven regulatory landscape
  • Comprehending the impact of innovation on incumbent leaders and markets

Technologies:

  • Seismic data acquisition and analysis
  • Aerial gravity, radiometrics and gamma ray surveys
  • Lightweight offshore pipes, risers and umbilicals
  • Advanced materials for drilling equipment
  • Fluids and additives at high pressure and temperature
  • Targeted delivery and controlled release of chemicals and materials
  • Alternative fracturing techniques
  • Enhanced  recovery and beneficiation
  • Advanced proppants systems
  • Down-hole and reservoir sensors
  • Brine and nonconventional mining systems
  • Early warning and emergency systems
  • Advanced oxidation remediation
  • Efficient water use systems
  • Storage and transportation systems

Applications:

  • Deepwater oil exploration and production
  • Increased production from mature reservoirs
  • Unconventional oil and gas resources
  • Unconventional mineral resources
  • Deep exploration and mining
  • Underwater and remote systems
  • Brine and leaching resource recovery
  • Water-poor, remote, and arctic operations
  • Environmental  impact mitigation and remediation
  • Remote exploration and logistics
  • Innovations in safety and security

Companies:

  • GasFrac
  • E-T Energy
  • N-Solv
  • Luca Technologies
  • Smith Bits
  • Deep Flex
  • Hatch
  • Glori Energy
  • Carbo Ceramics
  • PoriFera
  • Titan Oil Recovery
  • Vergence Systems
  • Apollo Separation Technologies
  • Aker Solutions
  • Trendon Bit Service
  • Creaform3D
  • Technip Pipelines
  • View a sample Company Profile