Jaxon Caines, technology reporter, Hart Energy: I’m Jaxon Caines, technology reporter, and this is Tech Trends with Hart Energy LIVE.
On January 26, President Biden formally put a pause on approvals for LNG projects, halting billions of dollars in investments for energy companies.
But even if the U.S. isn't buying natural gas, other places like Asia, Australia and Norway still have a number of LNG projects. Because of that need, companies like Halliburton are going to keep innovating and investments are going to keep going.
Halliburton’s newly announced CorrosaLock cement solution provides a better way to capture carbon produced from natural gas as it creates a cement sheath for the pipe that is resistant to CO2 and also strengthens the integrity of the cement barrier.
CorrosaLock is a composite of Portland-based cement and Halliburton’s WellLock resin system.
This combination of resin and cement creates an enhanced cement sheath specifically designed to minimize the effect CO2 has on the pipe and reduce permeability as well, which in turn keeps the pipe intact and prevents any gas from escaping.
In addition to that, the increased elasticity and shear bond strength allows the barrier to better withstand downhole forces during cyclic injection when compared to conventional cement systems.
That’s this week's Tech Trends with me, Jaxon Caines. Every Tuesday we'll have a new episode drilling into the tech that fuels the oil patch at hartenergy.com/EP.
Recommended Reading
JMR Services, A-Plus P&A to Merge Companies
2024-03-05 - The combined organization will operate under JMR Services and aims to become the largest pure-play plug and abandonment company in the nation.
New Fortress Energy Sells Two Power Plants to Puerto Rico
2024-03-18 - New Fortress Energy sold two power plants to the Puerto Rico Electric Power Authority to provide cleaner and lower cost energy to the island.
Tellurian Executive Chairman ‘Encouraged’ by Progress
2024-03-18 - Tellurian announced new personnel assignments as the company continues to recover from a turbulent 2023.
Kissler: OPEC+ Likely to Buoy Crude Prices—At Least Somewhat
2024-03-18 - By keeping its voluntary production cuts, OPEC+ is sending a clear signal that oil prices need to be sustainable for both producers and consumers.
Enerflex Appoints Thomas B. Tyree to Board
2024-03-12 - Tyree currently serves on Antero Resources’ board and recently served as chairman of Northwoods Energy LLC in 2023.