IEA: key oil trends 2018
CESifo: EVs not the best option for reduction in on-road CO2 in Germany given power mix

DOE announces $39M for oil and natural gas R&D projects

The US Department of Energy (DOE) announced up to $39 million in federal funding for cost-shared research and development projects that aim to improve oil and natural gas technologies.

The United States is now the world’s leader in both oil and natural gas production. According to the US Energy Information Administration (EIA), US natural gas production hit a new record high in 2018, an 11% increase from 2017. In addition, US crude oil production grew 17% in 2018, surpassing the previous record in 1970.

Selected projects will fall under two DOE Office of Fossil Energy funding opportunity announcements (FOAs). The National Energy Technology Laboratory (NETL) will manage the projects under both FOAs.

  • Advanced Subsea Systems Technologies to Improve Efficiency and Capabilities for Enhanced Oil Recovery (EOR) in Offshore Wells FOA (DE-FOA-0002005) - DOE will provide up to $15 million for projects that enhance the potential for EOR of conventional resources in offshore settings, and anticipates that the projects will be executed in two phases. Phase 1 will involve proof-of-concept validation of tools, technologies, and processes in a laboratory or field analog setting. Phase 2 will consist of an integrated full-scale prototype demonstration in a relevant environment to persuade stakeholders to continue developing the technology to commercialization.

  • Advanced Natural Gas Infrastructure Technology Development FOA (DE-FOA-0002006) - DOE will provide up to $24 million for projects that support the development of tools, methods and/or technologies to cost-effectively enhance the safety and efficiency of the nation’s natural gas production, gathering, transmission, and storage infrastructure.

    This FOA focuses on three areas of interest: 1) Advanced Technologies to Mitigate Methane Emissions and Increase the Efficiency of the Natural Gas Transportation Infrastructure; 2) Process-Intensified Technologies for the Upcycling of Flare Gas into Transportable, Value-Added Products; and 3) Advanced Methane Detection and Measurement Technology Validation. DOE anticipates selecting multiple projects for this FOA.

Comments

The comments to this entry are closed.