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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

PGNiG to acquire Tommeliten interests from Equinor

PGNiG will acquire non-operated interests in the Tommeliten discovery on the Norwegian Continental Shelf from Equinor for $220 million. Equinor will divest its 42.38% interest in the Tommeliten Uni...

BP starts production from Thunder Horse Northwest expansion project

BP PLC has started production from the Thunder Horse Northwest expansion project in the deepwater Gulf of Mexico, boosting production at the Thunder Horse facility by an estimated 30,000 boe/d at i...

Talos, Hokchi to cross-assign interests in two blocks off Mexico

Talos Energy Inc., Houston, entered into a transaction with Hokchi Energy SA de CV, a subsidiary of Pan American Energy LLC, to cross-assign its participating interest (PI) in Block 2 and Hokchi’...

Another attempt by Samson to sell Foreman Butte project falls through

Samson Oil & Gas USA Inc. remains in discussions with Eagle Energy Partners I LLC, but also is seeking an alternate buyer for substantially all its Foreman Butte project after a $40-million...

JupiterMLP secures funding to advance Permian-to-GC oil line

JupiterMLP LLC has secured enough funding from Charon System Advisors to build the 1 million-b/d capacity Jupiter Pipeline from the Permian basin to the Port of Brownsville, Tex., and will hold an...

EPA: US reports GHG emissions in 2017 down 2.7% from 2016

US reported greenhouse gas emissions totaled 2,898 million tonnes of carbon dioxide equivalent, 2.7% less than in 2016, the US Environmental Protection Agency reported on Oct. 17. The direct emissi...

MARKET WATCH: Oil prices drop on surprise build in US oil inventory

Light, sweet oil prices settled under $70/bbl, down more than $2 on the New York market Oct. 17 compared with the previous day after a government report showed an unexpected rise in the US crude oi...

Noreco to buy Shell Denmark upstream unit for $1.9 billion

Norwegian Energy Co. ASA (Noreco) has acquired from Royal Dutch Shell PLC the company’s upstream interests in Denmark via its shares in Shell Olie-og Gasudvinding Danmark BV (SOGU) in a deal valu...

Crimson Midstream, MPLX launch open season for Swordfish line

Crimson Midstream and MPLX have launched a binding open season to assess interest and solicit commitments from prospective shippers for crude oil transportation service on the Swordfish Pipeline. T...

Wintershall granted drilling permit in the Norwegian Sea

Wintershall Norge AS has been granted a drilling permit by the Norwegian Petroleum Directorate for well 6706/6-2 S in the Norwegian Sea. The well will be drilled using Transocean Ltd.’s Transocea...

BP delivers Thunder Horse expansion under-budget and ahead of schedule

BP announced that it has started up the Thunder Horse Northwest Expansion project in the deepwater Gulf of Mexico, four months ahead of schedule and 15% under budget.

Oil trades near one-month low after U.S. crude stockpiles surge

Oil traded near the lowest level in a month after a bigger-than-expected gain in American stockpiles overshadowed tensions between the U.S. and Saudi Arabia over a missing critic of the kingdom.

Rwanda looking for private investment for oil search

Rwanda is considering partnering with oil and gas companies for the next stage of exploring Lake Kivu for more hydrocarbons, a government official said.

U.S. shale oil production surges

U.S. government data showed shale oil production is forecast to reach a fresh record in November.

Service companies chase international boom as U.S. shale drilling moderates

The biggest providers of oilfield services are surfing a wave of international spending on the back of higher prices, but the good news is tempered by an activity slowdown in their own back yard.

Colorado’s Prop 112 would cut surface drill sites by 54%

BP’s new U.S. onshore headquarters in Denver serves as a testament to Colorado’s regal mountains, its expansive forests, its nature-loving culture.

U.S. persuades Iraq to quash Siemens power deal in favor of GE

The Trump administration intervened to quash a $15 billion deal for Siemens Corp. to develop power stations in Iraq, instead persuading Baghdad to sign an agreement with General Electric Co., two a...

Permian drillers are said to sell new lighter crude oil grade

There’s a new kind of oil coming out of West Texas.

Oil falls after U.S. stockpiles swell for fourth straight week

Oil posted the biggest decline in two months after U.S. government data showed expanding crude stockpiles.

MEG Energy unanimously rejects Husky Energy's $2.34 billion acquisition offer

MEG Energy Corp. rejected a $2.34 billion hostile takeover offer from Husky Energy Inc. and announced a plan to seek other buyers, kicking off a bidding war for its prized Canadian oil-sands assets.

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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