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Industry alerts

Gate valve bonnet failures from thermal expansion of fluids at high temperature - In a steam-assisted gravity drainage application, immediately after start-up, a gate valve bonnet failure caused a release of pressure to atmosphere. In thermal applications throughout the oil and gas industry, there have been incidents of valve failures during start-up. Resulting damage can include stretching studs and loss of pressure integrity between the body and bonnet. The main cause is pressure build-up in the gate valve cavity from thermal expansion of fluids, which was completely full and isolated. Such pressure exceeded the rated working pressure of the valve.

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Industry headlines

Prejudgment, resort to oil weapon harmful to Khashoggi response

Imagine an oil market with one quarter of total supply controlled by two countries hostile to the West.
 
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Energy Transfer unit launches open season for Bakken pipeline system

Energy Transfer LP subsidiaries Dakota Access LLC and Energy Transfer Crude Oil Co. LLC (ETCO) launched a binding expansion open season to solicit shipper commitments for expanded transportation se...

What’s really doomed in new IPCC report? Politics of hysteria

If doom really exudes from the Intergovernmental Panel on Climate Change’s latest jeremiad, it relates more to politics than planetary temperature.
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Baker Hughes: US rig count up 4 units to 1,067

The US drilling rig count was up 4 units to 1,067 rigs working for the week ended Oct. 19, according to Baker Hughes data. The count is up 154 units from the 913 rigs working this time a year ago.<...

Chandler named Laredo senior VP, COO

T. Karen Chandler has been promoted to the positions of senior vice-president and chief operating officer of Laredo Petroleum Inc., Tulsa.
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EPC contract let for Thai refinery upgrade

Thai Oil PLC has let a $4-billion contract to a consortium of Saipem, Petrofac, and Samsung for the Clean Fuel Project at its 275,000-b/d refinery at Sriracha, Thailand. The work will include engin...

API: US petroleum demand in September slowed from August

With seasonal slowing after the summer driving season, US petroleum demand was 20.1 million b/d in September, down 3.5% from August but up 2.4% compared with September 2017. This is according the l...

Aker BP continues delineation of Gekko discovery in North Sea

Aker BP, operator of production license 203, and its partners are considering tie-back of its Gekko oil and gas discovery well (25/4-3) in the North Sea to the Alvheim floating production, storage,...

US regulators approve more development in NPR-A

US government regulators approved ConocoPhillips Alaska Inc.’s plan for development of its Greater Mooses Tooth 2 (GMT2) project in the National Petroleum Reserve-Alaska. The approval came less t...

Interior reports $2.5 billion in regulatory relief from reforms

Reforms in response to US President Donald Trump’s Executive Order 13771 have resulted in $2.5 billion of regulatory relief for oil and gas producers during the fiscal year 2018, the Department o...

Railroad CEO sees boom-time oil loads as pipeline pinch roils Canada

Boom times are back for at least one company in Canada’s oil heartland.

Crude set for weekly loss as supplies allay Saudi tensions

Oil headed for a weekly loss as plentiful supplies helped offset worries that tensions between Saudi Arabia and the U.S. over the disappearance of a journalist could lead to the use of crude as a p...

EMGS mobilizes vessel for potential acquisition contract

Electromagnetic Geoservices (EMGS) is engaged in the final stages of a contractual exchange for a data acquisition survey in South America.

Lukoil signs MOU with Uzbekneftegaz

The President of Lukoil, Vagit Alekperov and Uzbekneftegaz’s acting chairman of the board, Bahrom Ashrafhanov signed a memorandum of understanding to develop cooperation and share experience in t...

Equinor sells its share of Tommeliten field

Equinor has signed an agreement with PGNiG to sell its non-operated interests in the Tommeliten field on the Norwegian Continental Shelf for $220 million.

Earthstone buys Midland basin assets for $950 MM

Earthstone Energy has entered into an agreement with Sabalo Holdings to buy producing and non-producing oil and gas assets in the northern Midland basin.

JupiterMLP to build 1 MMbpd Permian-to-Gulf Coast oil pipeline

JupiterMLP has secured funding from Charon System Advisors to build a 1 MMbpd oil pipeline from the Permian basin to the Port of Brownsville, Texas.

Ex-Schlumberger chairman to acquire large pipe servicer

Sentinel Energy Services plans to acquire Strike LLC and take the dominant U.S. pipeline services company public.

Asia oil buyers see chance for U.S. waivers on Iran sanctions

Asian buyers of Iranian oil are gaining confidence they will win U.S. consent for some imports to continue even after American sanctions snap back next month.

White House backed drillers over EPA on plugging methane leaks

White House officials pushed the EPA to maximize savings for the oil industry despite the agency’s concern that weakening regulations would allow more methane to escape into the atmosphere.

Featured of the month

Company ...

Baker Hughes

Baker Hughes provides the world's oil & gas industry with products and services for drilling, formation evaluation, completion, production and reservoir consulting. Baker Hughes operates in over 90 countries worldwide mainly based in countries with a mature petroleum industry as is the case with most oil & gas service companies.

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Technology ...

Coiled tubing

Coiled tubing is a continuous string of tubing, rolled onto a spool. It is made from rolling strip material into a tubular form and resistance welding along its length. Coiled-Tubing (CT) continues to grow as an enabling technology that provides cost economy and time efficiency for the oil and gas industry. It has gained wider acceptance in all operations involved in oil and gas exploration.

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Article ...

Flow assurance

Flow assurance is essential to the sustained operability of production facilities. Flow assurance failures often result in production shut-down and costly interventions. What operating environments does flow assurance typically pose a challenge? Almost all, but some are worse than others.

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Contributor ...

Dr. Torben Lund Skovhus

Dr. Torben Lund Skovhus is Researcher and Project Manager at VIA University College in the Centre of Applied Research & Development in Building, Energy & Environment (Horsens, Denmark). Torben is currently chair of NACE TEG286X and ISMOS TSC an organization he co-founded in 2006.

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