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Can’t-miss Houston energy event: Energyear USA Conference

An international renewables conference is coming to Houston this week. Photo via energyear.com

A full day of thought leadership, networking, and business development is coming to Houston thanks to an international organization.

When: Thursday, July 20, from 7:30 am to 5 pm.

Where: InterContinental Houston-Medical Center, 6750 Main St.

Price: $999 in-person pass; $399 virtual access

Who: Young professionals working in the energy industry

Learn more and register.

The inaugural Energyear USA will be held this week in Houston. The conference will unite the foremost players in the renewables industry — corporates, investors, financiers, asset managers, technologists, law firms, financial advisors, consultancies, government institutions, and other industry stakeholders.

Don't miss the opening panel, entitled "Powering the Future: Unleashing the potential of renewable energy in Texas and the USA," features Jeff Marootian, senior adviser of the U.S. Department of Energy, and Katie Mehnert, CEO and founder of Ally Energy.

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A View From HETI

Promethean Energy had completed a significant decommissioning project in the Matagorda Island area. Photo via Getty Images.

Houston-based Promethean Energy announced this month that it has successfully decommissioned offshore orphaned wells in the Matagorda Island lease area.

Around this time last year, the company shared that it would work on the temporary abandonment of nine orphan wells on behalf of the Department of Interior's Bureau of Safety and Environmental Enforcement, or BSEE, in the area. Promethean is known for decommissioning mature assets in a cost-effective and environmentally sustainable manner.

“Our team is incredibly proud to have completed this critical work efficiently, safely, and ahead of budget,” Steve Louis, SVP of decommissioning at Promethean Energy, said in a news release. “By integrating our expertise, technologies and strategic partnerships, we have demonstrated that decommissioning can be both cost-effective and environmentally responsible.”

The company plans to use the Matagora Island project as a replicable model to guide similar projects worldwide. The project used comprehensive drone inspections, visual intelligence tools for safety preparations and detailed well diagnostics to plug the wells.

Next up, Promethean is looking to decommission more of the estimated 14,000 unplugged wells in the Gulf.

"Building on our strong execution performance, our strategy is to continue identifying synergies with other asset owners, fostering collaboration, and developing sustainable decommissioning campaigns that drive efficiency across the industry," Ernest Hui, chief strategy officer of Promethean Energy, added in the release.

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