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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6 comments; last comment on 03/31/2017
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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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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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Fracking Meets Sustainability

Posted September 01, 2016 10:50 AM by Engineering360 eNewsletter

In an industry clearly sensitive to environmental forces, can sustainable development and operating principles help fracking operations do a better job? The Open Petroleum Engineering Journal suggests that with the right approach, risks and benefits can be shared by industry, governments, and society. The Journal goes on to recommend focusing on risk management, transparency, and creating benefits for society that extend beyond the end of the pipeline. By taking a sustainable approach to fracking and hydrocarbon extraction, environmental, social, and economic best practices can be identified, enabled, and used to counter industry resistance.


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12 comments; last comment on 09/04/2016
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Appalachian Basin Producing More Gas than Ever

Posted May 25, 2016 12:00 AM by Engineering360 eNewsletter

Low-cost Appalachian shale gas production has enabled the oldest U.S. natural gas producing area to re-establish itself as a supply juggernaut. Significant improvements in horizontal drilling and multistage fracturing are increasing the ultimate recovery per completion from 3 to 7 Bcf. As a result, overall production in the region increased ten-fold over the past five years. The real challenge becomes finding new markets for the increased production. The American Oil and Gas Reporter speculates on new uses for all that gas.


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1 comments; last comment on 05/26/2016
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