seeing green

2 Houston energy companies secure Dow Jones sustainability rating

Halliburton and ConocoPhillips were named to the 2023 Dow Jones Sustainability Indices. Photo via halliburton.com

Halliburton and ConocoPhillips were named to the 2023 Dow Jones Sustainability Indices, which assesses the “sustainability performance of companies transparency process” based on an annual S&P Global Corporate Sustainability Assessment.

The CSA evaluates companies’ sustainability practices, and covers over 10,000 companies globally. The CSA has focused on financially material and industry-specific sustainability criteria since 1999.

The methodology of the annual CSA is updated to reflect the objectives to ensure that the CSA captures and delivers high-quality, material sustainability data, and increases efficiency and ease for participating companies. Over 13,000 companies get invited to participate in the CSA, but just 3,500 of the largest companies globally are eligible for inclusion.

In 2023, the DJSI saw a strong response from companies that disclosed their sustainability performance to capital markets through the CSA process.

For Halliburton, 2023 marks the third consecutive year that the company has been named to the prestigious list. Halliburton and ConocoPhillips are the only Houston companies that made the 2023 list.

“At Halliburton, we are constantly developing new and better ways to meet the growing global energy demand while advancing a more sustainable energy future,” Summer Condarco, senior vice president of Service Quality, Continuous Improvement, and Chief HSE Officer, says in a news release. “We are honored to be recognized by the Dow Jones Sustainability Indices for our commitment to sustainability leadership.”

See the full list of companies here.

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A View From HETI

Researchers have secured $3.3 million in funding to develop an AI-powered subsurface sensing system aimed at improving the safety and efficiency of underground power line installation. Photo via Getty Images

Researchers from the University of Houston — along with a Hawaiian company — have received $3.3 million in funding to explore artificial intelligence-backed subsurface sensing system for safe and efficient underground power line installation.

Houston's power lines are above ground, but studies show underground power is more reliable. Installing underground power lines is costly and disruptive, but the U.S. Department of Energy, in an effort to find a solution, has put $34 million into its new GOPHURRS program, which stands for Grid Overhaul with Proactive, High-speed Undergrounding for Reliability, Resilience, and Security. The funding has been distributed across 12 projects in 11 states.

“Modernizing our nation’s power grid is essential to building a clean energy future that lowers energy costs for working Americans and strengthens our national security,” U.S. Secretary of Energy Jennifer M. Granholm says in a DOE press release.

UH and Hawaii-based Oceanit are behind one of the funded projects, entitled “Artificial Intelligence and Unmanned Aerial Vehicle Real-Time Advanced Look-Ahead Subsurface Sensor.”

The researchers are looking a developing a subsurface sensing system for underground power line installation, potentially using machine learning, electromagnetic resistivity well logging, and drone technology to predict and sense obstacles to installation.

Jiefu Chen, associate professor of electrical and computer engineering at UH, is a key collaborator on the project, focused on electromagnetic antennas installed on UAV and HDD drilling string. He's working with Yueqin Huang, assistant professor of information science technology, who leads the geophysical signal processing and Xuqing Wu, associate professor of computer information systems, responsible for integrating machine learning.

“Advanced subsurface sensing and characterization technologies are essential for the undergrounding of power lines,” says Chen in the release. “This initiative can enhance the grid's resilience against natural hazards such as wildfires and hurricanes.”

“If proven successful, our proposed look-ahead subsurface sensing system could significantly reduce the costs of horizontal directional drilling for installing underground utilities,” Chen continues. “Promoting HDD offers environmental advantages over traditional trenching methods and enhances the power grid’s resilience.”

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