Reduce risk from exploration to operation with industry-leading coupled reservoir/wellbore simulation software
The oil and gas industry is facing some of the biggest challenges in its history. A global pandemic has shaken a sector already undermined by a persistent glut of oil, anemic commodity prices, market access issues and mounting climate pressures. It is a potentially existential crisis through which only the best-equipped companies will thrive.
Technologies like cloud computing, artificial intelligence and machine learning are only part of the solution. Oil industry should move towards the advances in digitalization, and using new applications that can be updated with field data and optimize the process simultaneously. Eushaw Dynamics creates a structure that can handle data management, advanced modelling and robust optimization and machine learning methods to reach a stable and optimum solution.
Geothermal Energy as a Major Source of Renewable Energy
Renewable energy is a key to sustainable development and offers an opportunity to improve access to modern energy services for the impoverished segments of society, which is essential for sustainable community development. Geothermal energy is a renewable energy source because heat is continuously produced inside the earth. The most common method deep wells can be drilled down to the hot rocks and cold water pumped down, and the hot water flows up through wells in the ground under its own pressure. As it flows upward, the pressure decreases and some of the hot water boils into steam. The steam is then separated from the water and used to power a turbine/generator. After spinning the turbine, the steam is cooled down, changing into liquid water. The water isMore