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Oil & Gas Technology

The Oil & Gas Technology Blog is the place for conversation and discussion about Drilling, Refining, Exploration, and Distribution. Here, you'll find everything from application ideas, to news and industry trends, to hot topics and cutting edge innovations.

More Natural Gas is Found in Eastern Med, Raising Hopes

Posted March 28, 2017 12:00 AM by Engineering360 eNewsletter

Eni expects the gas, from a recently discovered natural gas deposit in the Egyptian waters of the Mediterranean Sea, to start flowing by the end of 2017. The deposit could hold as much as 30 trillion cubic feet of gas, costing $12.8 billion to develop it fully.


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2 comments; last comment on 03/29/2017
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Project Startups Showcase Carbon Capture Technology

Posted February 19, 2017 12:00 AM by Engineering360 eNewsletter

After years of work, two carbon capture projects are entering service, shining a spotlight on technology that captures and reuses carbon dioxide from fossil-fired power plants. Petra Nova first captured carbon dioxide on September 19, 2016, and the Kemper County energy facility is expected to be in service in late February.


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1 comments; last comment on 02/20/2017
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Safer BOP Systems

Posted November 24, 2016 12:00 AM by Engineering360 eNewsletter

Blow out prevention systems — BOPs for short — are one of the most widely studied components of deep sea production systems. They are big, expensive, and often dangerous, especially when performance and stress tests are required. One way to mitigate the danger is by running simulation models of BOP control systems and components, an approach explained in this Schlumberger study.


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North Sea Decommissioning Faces Challenges

Posted November 03, 2016 12:00 AM by Engineering360 eNewsletter

Rigzone reports a 50% increase in decommissioning proposals since April 2016. And the challenge is huge, with 151 fields expected to shut down over the next five years at an estimated plug and abandonment cost of $21.4 billion (see video). Firms involved in the effort are caught between the need for safety and the constraints of time and cost, not to mention staffing issues.


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Cyclical or Structural - the Oil Price Debate Continues

Posted September 22, 2016 12:00 AM by Engineering360 eNewsletter

Are oil prices still cyclical, or is there something new going on? As the industry digs itself out of the third largest price decline in 30 years, some analysts are putting the blame on a new series of "structural shocks." If you believe the latter reasoning, the possibility that oil prices will remain low for longer periods is quite high. Fans of cyclic pricing, however, expect an imminent rise. Which team has the upper hand? The Oxford Institute for Energy Studies examined the debate, looking at a range of factors including supply side adjustments, OPEC reactions, and potential demand from China and India.


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1 comments; last comment on 09/23/2016
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