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Industry headlines
BSEE issues revised blowout preventer, new well control system rules
The US Bureau of Safety and Environmental Enforcement issued revised offshore blowout preventer (BOP) and well control regulations on May 2. The changes remove unnecessary regulatory burdens while...
Orphan-well load cited in firm’s failure
A small Calgary natural gas producer is ceasing operation, saying a January decision by the Canadian Supreme Court on responsibility for orphan wells aggravated its financial problems.
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DOE issues approvals for Tellurian, Sempra LNG export projects
The US Department of Energy issued approvals on May 2 for Tellurian Inc.’s proposed Driftwood facility in Calcasieu Parish, La., and Sempra Energy’s planned installation at Port Arthur, Tex., t...
Tellurian launches open seasons for HGAP, DCPL gas lines
Tellurian has launched separate binding open seasons to secure shippers on two proposed pipelines that will connect areas of constrained shale production and debottleneck natural gas pipeline infra...
Implement pipeline safety reforms sooner, House panel tells PHMSA
US House Energy and Commerce Committee leaders strongly criticized the US Pipeline and Hazardous Materials Safety Administration for not implementing more congressional mandates in the 2011 and 201...
PSAC again trims Canadian drilling outlook
The outlook for oil and gas drilling in Canada continues to darken. The Petroleum Services Association of Canada again has lowered its forecast for 2019 drilling—to 5,300 wells drilled from 6,600...
Chevron closes deal for Petrobras’s Pasadena refinery, assets
Chevron USA has completed its purchase from Petrobras America of all outstanding shares and equity interests of Pasadena Refining System Inc., which includes the refinery in Pasadena, Tex....
Qatar Petroleum lets rig contracts for North field expansion project
Qatar Petroleum has let contracts for eight offshore jack up drilling rigs expected to be mobilized and ready for its North Field expansion project starting in January 2020.
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Equinor to decommission Statfjord A platform
Equinor announced May 2 plans to shut production at the Statfjord A platform in the North Sea, one of the oldest platforms on the Norwegian continental shelf. Statfjord A went on stream in 1979 and...
Report: Pipeline constraints to moderate Canadian oil sands production growth
The cost of building and operating oil sands projects has fallen in recent years and total oil production is expected to rise by another 1 million b/d by 2030, but external factors—such as price...
Could Oxy, Buffet deal be the nail in the coffin for Chevron's pursuit?
Occidental Petroleum Corp.’s bombshell investment from Warren Buffett is the culmination of almost two years of on-and-off-again wrangling with Anadarko Petroleum Corp. -- a saga that’s, so far...
PSAC lowers its 2019 oilfield services activity forecast
The Petroleum Services Association of Canada (PSAC) in its Midyear Update to the 2019 Canadian Oilfield Services Activity Forecast lowered, for a second time, its forecast for the number of wells d...
Final well control rule increases offshore worker safety, says IPAA
Representing the independent producers that develop 90% of America’s oil and natural gas wells, Independent Petroleum Association of America (IPAA) President and CEO Barry Russell issued the foll...
API, IOGP support increase in U.S. LNG exports to EU in joint paper
The American Petroleum Institute (API) and the International Association of Oil and Gas Producers (IOGP) released a position paper at the first EU-U.S. Energy Council Business-to-Business Energy Fo...
Equinor reports Statfjord A home to shut down
The Statfjord A platform in the North Sea will shut down production in 2022, 43 years after first oil. This more than doubles the expected lifetime of the platform. Now the contract for removal and...
Wintershall DEA join forces in Europe
Wintershall Holding GmbH (Wintershall) and DEA Deutsche Erdoel AG (DEA) have completed their merger. Wintershall Dea is now the leading independent gas and oil company in Europe.
Craig International secures multi-million contract with Spirit Energy
Craig International has secured a contract with Spirit Energy, which is potentially worth $27.37 million (£21million) over seven years.
Ukraine has sold six petroleum licenses through online bidding
Ukraine's second licensing round took place Thursday on May 2, 2019.
Oil and gas skills strategy reveals rapidly changing sector
Energy skills body OPITO has set out a strategy to prepare the UK oil and gas industry for a shift in skills requirements over the next six years.
Oil buyers ask Saudis for more crude in supply hunt
Asian refiners are asking Saudi Arabia for more crude as buyers in the world’s top oil-consuming region face supply disruptions from Iran to Venezuela.
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.
Featured of the month
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.
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.
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.
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.