The World Top 10 Oil Producers

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Offshore oil and gas production and processing platforms and facility.

 

In 2018, daily world oil production amounts to around 92 million barrels per day, increasing slightly 0.7% from previous year.

Here are the world top ten oil producers according to the US Energy Information Administration (EIA):

  1. USA – 15.6 Million barrels of oil per day
  2. Saudi Arabia – 12.1 Million BOPD
  3. Russia – 11.2 Million BOPD
  4. Canada – 5.0 Million BOPD
  5. China – 4.8 Million BOPD
  6. Iran – 4.7 Million BOPD
  7. Iraq – 4.5 Million BOPD
  8. UAE – 3.7 Million BOPD
  9. Brazil – 3.4 Million BOPD
  10. Kuwait – 2.9 Million BOPD

The USA is the largest oil producer in the world in 2017. The production of crude oil in the USA is expected to increase into 2019. The USA is also the world’s largest consumer of oil. Its daily oil consumption in 2019 is projected to increase by 340,000 barrels to 20.65 million barrels, according to EIA.

Saudi Arabia, on the other hand, is the largest oil exporting country. As the most well-known and influential oil producer, it has 260 billion barrels of oil reserves, which is about 22% of the world’s oil reserves.

Why synthetic lubricating oil lasts longer than mineral oil?

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The traditional oil we use to lubricate our car engine is called mineral oil because it is derived from crude oil. Mineral oil consists of hydrocarbon molecules extracted from the distillation of crude oil. They are mainly alkanes in the range of C-15 to C- 40.

An alkane is a saturated hydrocarbon consisting of only carbon and hydrogen atoms. Also called paraffin, it has the general formula of CnH2n+2. The simplest alkane is methane, CH4, where the n=1.

Due to the chemical and physical properties of the hydrocarbon alkanes, they have limited resistance to oxidation and thermal breakdown at very high temperature.

Synthetic oil, on the other hand, consists of synthetic molecules. They are artificially made and specially designed to provide excellent lubrication and stability at very high and also at low temperature. Since these synthetic molecules do not deteriorate easily, they can last longer than mineral oil even at extreme conditions in an engine.

Synthetic oil is more expensive than mineral oil, nevertheless, it is a superior lubricant to keep your car healthy. With mineral oil, it is recommended you change the oil every 5000 to 10,000 miles. Whereas using synthetic oil, you may change the oil every 20,000 miles.

Finally, it is important to note regardless of the type of oil you use, you should change your engine oil based on the recommended interval because it gets contaminated with combustion by-products that accumulate at about the same rate regardless of oil type.

Digital Rock Physics – Core Analysis Using Digital Technology

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Offshore oil and gas processing platform,

In the last decade, there has been an important breakthrough in how petroleum engineers and geoscientists obtained oil and gas reservoir rock properties.

Traditionally, reservoir rock properties or petrophysical properties such as porosity, pore size distribution, effective and relative permeability, capillary pressure, water saturation and other reservoir parameters are determined from Special Core Analysis (SCAL), electric logs and well pressure transient tests. In recent years, a new method in determining rock properties using Digital Rock Physics (DRP) has gained serious attention from petroleum engineers, petro-physicists and geoscientists.

What is digital rock physics? Digital rock physics is also referred to as digital core analysis. In this measurement method, high-resolution digital images of the rock pores and mineral grains of selected reservoir core samples are made and analyzed. These images are usually 3D digital X-ray micro-tomographic images. The rock properties are then determined using numerical simulation at the pore scale.

The significant benefit of this new DRP technology is now a large number of complex reservoir parameters can be determined faster and more accurately than the traditional laboratory measurements or well testing methods.

Using the DRP technology to determine the rock properties, oil and gas companies can now analyze their reservoir capacity and performance more accurately and sooner during the field evaluation and development phase. This, in turn, allows them to develop and manage their reservoirs more efficiently and economically.

Source – Digital Rock Physics for Fast and Accurate Special Core Analysis in Carbonates – A Chapter in New Technologies in the Oil and Gas Industry – By  Mohammed Zubair Kalam

Note: If you like to read the complete write-up of this source article, please visit http://cdn.intechopen.com/pdfs/40517/InTech-Digital_rock_physics_for_fast_and_accurate_special_core_analysis_in_carbonates.pdf

 

Gas Handling, Conditioning and Processing

This gas handling, conditioning and processing course is designed and presented by Dr Maurice Stewart to teach you how to design, select, specify, install, test and trouble-shoot your gas processing facilities.

This gas handling, conditioning and processing course has been attended by thousands of oil and gas professionals since Dr Maurice Stewart began teaching it more than 20 years ago. Dr Stewart is a co-author of a widely acclaimed “Surface Production Operations: Design of Gas Handling Facilities” along with Ken Arnold.

By attending this course, participants will:

1. Know the important parameters in designing, selecting, installing, operating and trouble-shooting gas handling, conditioning and processing facilities.
2. Understand the uncertainties and assumptions inherent in designing and operating the equipment in these systems and the limitations, advantages and disadvantages associated with their use.
3. Learn how to size, select, specify, operate, maintain, test and trouble-shoot surface equipment used with the handling, conditioning and processing of natural gas and associated liquids such as separators, heat exchangers, absorption and fractionation systems, dehydration systems, refrigeration, low temperature separation units, JT plants and compression systems.
4. Know how to evaluate and choose the correct process for a given situation.

Course Content

In this 5-day course, Dr Maurice Stewart will cover the following topics:
• Fluid properties, basic gas laws and phase behaviour
• Well Configurations, surface safety systems (SSS) and emergency support systems (ESS)
• Gas Processing systems, selection and planning
• Water-hydrocarbon phase behaviour, hydrate formation prevention and inhibition
• Heat transfer theory and process heat duty
• Heat exchangers: configurations, selection and sizing
• Gas-liquid separation and factors affecting separation
• Types of separators and scrubbers, and their construction
• Gas-liquid separators and sizing
• Liquid-liquid separators and sizing
• Three phase separator sizing
• Pressure vessels: the internals, mechanical design and safety factors
• Separator operating problems and practical solutions
• Gas compression theory, compression ratio and number of stages
• Compressor selection: centrifugal compressors vs. reciprocating compressors
• Vapor recovery units, screw compressors and vane compressors
• Compression station design and safety systems
• Performance curves for reciprocating compressors
• Absorption process and absorbers
• Adsorption process and adsorbers
• Glycol gas dehydration unit design and operation
• Glycol unit operating variables and trouble shooting
• Glycol selection and glycol regeneration
• Acid gas sweetening processes and selection
• Fractionation, refrigeration plants, expander plants and J-T plants
• Process control and safety systems

Course Materials

Participants will receive the following course materials:
1. The 3rd Edition of Volume 2 of the widely acclaimed “Surface Production Operations: Design of Gas Handling Facilities” written by Ken Arnold and Dr Maurice Stewart. This textbook continues to be the standard for industry and has been used by thousands since its first printing over fifteen years ago.
2. A comprehensive set of lecture notes for after course reading and reference
3. An extensive set of practical in-class “case study” exercises developed by Dr Stewart that will be used to emphasize the design and “trouble-shooting” pitfalls often encountered in the industry.

Who Should Attend

• Facility engineers, production engineers, design and construction engineers, team leaders, operations engineers, maintenance team leaders/engineers and other personnel who are or will be responsible for the designing, selecting, sizing, specifying, installing, testing, operating and maintaining gas handling facilities, gas plant facilities and gas pipelines.
• Experienced professionals who want to review or broaden their understanding of gas handling, conditioning and processing facilities and gas pipeline operation and maintenance.
• Professionals with little to moderate experience with the handling or processing of natural gas and associated liquids.

If you like to receive a pdf file of this course outline, please contact us.

Registration Information

Course date: November 19-23, 2018
Location: Singapore
Tuition: US$4500

Registration Form

If you or your people want to attend this course, please register HERE.

Contact information
LDI Training Pte Ltd
369 Holland Road #02-04
Singapore 278640

Email: lditrain@singnet.com.sg
Website: https://oilandgascourses.org

Production Safety Systems

A 5-day course by Dr. Maurice Stewart incorporating the new 2017 8th Edition of API RP 14C, the new API RP 17V 1st Edition, API RP 14J, API RP 500/505, API RP 520/521/2000, IEC 61508-2 and IEC 61508-3.

This intense Production Safety Systems course presents a systematization of proven practices for providing a safety system for onshore and offshore production facilities. Thousands of oil and gas professionals have attended this course since it was offered by Dr. Maurice Stewart more than 20 years ago.

This production safety systems course has been updated to reflect the changes provided in the new API RP 14C and the API RP 17V. In this course, you will learn the latest concepts, methods and practices that will make your facility operationally safe.

What You’ll Learn

• Provisions for designing, installing and testing both safety and non-marine emergency support systems (ESSs) on both onshore and offshore production facilities.
• Concepts of a facility safety system and outline production methods and requirements of the system.
• Guidance on how safety analysis methods can be used to determine safety requirements to protect common process components from the surface wellhead and/or topside boarding valve and for subsea systems including all process components from the wellhead and surface controlled subsurface safety valve (SCSSV) to upstream of the boarding shutdown valve. (Note: The shutdown valve is within the scope of API RP 17V for gas injection, water injection, gas lift systems and chemical injections.)
• The importance of “Safety Concept,” “Safety Reviews,” and “EB-HAZOPs.”
• A method to document and verify process safety system functions, i.e., safety analysis function evaluation (SAFE chart).
• Design guidance for ancillary systems such as pneumatic supply systems and liquid containment systems.
• A uniform method of identifying and symbolizing safety devices.
• Procedures for testing common safety devices with recommendations for test data and acceptable test tolerances.
• The Principles of Safe Facility Design and Operation, specifically, how to Contain Hydrocarbons, Prevent Ignition, Prevent Fire Escalation and Provide Personnel Protection and Escape.
• The Principles of Plant Layout Partitioning and how to partition a plant into Fire Zones, Restricted Areas and Impacted Areas thereby minimizing the Risk to Radiation, Explosion, Noise and Toxicity.
• How to determine Electrical Hazardous (Classified) Locations and determine what Electrical Equipment should be installed in these locations,
• The purpose of Surface Safety Systems, specifically, the Emergency Shut-down System, Emergency Depressurization System, Fire and Gas Detection Systems and High Integrity Protection Systems,
• The Objectives, Types, Location and Placement of Fire and Gas Detection Systems.
• The Objectives, Types and Performance of Active and Passive Fire Protection Systems.
• The Function, Types, Selection and layout of Vent, Flare and Relief Systems to minimize the effects of Radiation, Flammable Gas Dispersion and Toxic Gas Dispersion.
• The function and design considerations of Liquid Drainage Systems
• How to determine piping “spec breaks”.
• How to evaluate workplace and operating/maintenance procedures for “hidden” hazards.
• How to effectively design facilities and work areas to reduce human errors and improve performance.

Course Content

• Principles of safe facility design
• Ignition prevention
• Fire escalation prevention
• Personnel protection and escape
• Installation layout
• Electrical installations in hazardous (classified) areas
• Safety systems
• Pressure ratings and Specification breaks
• High Integrity Pressure Protection Systems (HIPPS)
• Safety system and ESS bypassing
• Onshore gathering station safety systems
• Fire and gas detection systems
• Active and passive fire protection
• Relief, vent and flare systems
• Liquid drainage systems
• Electrical Area Classification

Who Should Attend

This workshop is specifically targeted for professionals and engineers who are involved in safety or production operations and who want to:

1. Develop a better understanding of the effectiveness of existing Production Safety System initiatives at existing oil and gas facilities.
2. Appreciate the main steps contemplated in the Safe Design of a plant or facility,
3. Better understand the scope and functioning of the various safety related equipment installed onshore, offshore and subsea.
4. Review or broaden their understanding of how to conduct a safety analysis, Experience-Based HAZOP and how to install electrical equipment in hazardous (Classified) locations.
5. Other professionals who want to develop a better understanding of how to conduct a Safety Analysis, EB-HAZOPs and install electrical equipment in hazardous (Classified) locations.

Course Materials

• Each participant will receive a comprehensive set of worksheets and checklists to aid them in conducting a safety analysis
• Each participant will receive a comprehensive set of lecture notes for after course reading and reference
• An extensive set of practical in-class “case study” exercises specially designed by Dr. Maurice Stewart that emphasizes the design and “trouble-shooting” pitfalls often encountered in the industry.

If you like to receive a pdf file of this course outline, please contact us.

Registration Information

Course date : December 10-14, 2018
Location : Singapore
Tuition : US$4500

Registration Form

If you or your people want to attend this course, please register HERE.

Contact information

LDI Training Pte Ltd
369 Holland Road #02-04
Singapore 278640

Email : lditrain@singnet.com.sg
Website : https://oilandgascourses.org

The New API 2017 RP 14C and API RP 17V

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In 2017, API published the new 8th Edition of API RP 14C and created the new 1st Edition of API 17V for subsea applications.

Here are the major modifications of API RP 14C and the new guidelines provided in API RP 17V:

1. The API RP 14C, new 8th Edition “Analysis, Design, Installation and Testing of Safety Systems for Offshore Production Facilities” was developed in coordination with the new First Edition of API RP 17V “Recommended Practice for Analysis, Design, Installation and Testing of Safety Systems for Subsea Applications”.

2. Changes in safety system technology.

3. Additional guidance for facility safety systems as they have become larger, more complex and moved into deeper water.

4. Added requirements which include extensive emphasis on the performing of hazards analysis due to increased flow rates, pressures, temperatures and water depth.

5. Better alignment with API Standard 521, “Pressure-relieving and Depressuring Systems”.

6. Additional requirements for pumps and compressors greater than 1000 HP and reference to API 670.

7. Additional requirements to protect against backflow and settle-out pressures.

8. New address on low-temperature hazards.

9. Enhancements on open deck Fire and Gas detection placement and sensor type.

10. Extensive emphasis on performing hazards analysis to include introduction of the Prevention vs. Mitigation concepts.

11. Additional annex to cover topside High Intensity Pressure Protection Systems (HIPPS).

12. Additional annex to cover Safety System By-passing.

13. Additional annex to cover Logic Solvers.

14. Additional annex to cover Remote Operation.

If you have a need to understand these new modifications in API RP 14C and the new guidelines provided in the brand new API RP 17V for subsea applications, here is a 5-day course which you and/or your colleagues may want to attend:

Course Title: Production Safety Systems – Incorporating the New 2017 API RP 14C and API RP 17V
The Instructor: Dr. Maurice Stewart, PE, CSP
Course Date and Location: December 10-14, 2018 in Singapore

Since the API RP 14C and API RP 17V are critically important for the safety of your offshore and subsea facilities, please share this information with your company’s managers, supervisors, engineers and safety personnel who need to:

1. Develop a better understanding of the modifications of the 2017 edition of API RP 14C and the newly created API RP 17V

2. Appreciate the main steps contemplated in the Safe Design of onshore, offshore and subsea applications

3. Better understand the scope and functioning of the various safety related equipment installed onshore, offshore and subsea.

For more information about the course, please contact LDITrain@singnet.com.sg

Why People Need Oil Price Forecasts

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People, companies and even countries want to know future price of oil because oil price influences what they do.
Individuals use the information for his or her investing such as whether to buy oil related shares.
Banks need it for giving out oil related loans.
Transportation companies use it to manage its fuel expenditures such as whether to buy or sell oil futures.
Oil companies need it to manage their operating and capital expenditures such as whether to drill or not to drill.
Oil exporting countries use it to determine its GDP.
Oil importing countries need it for planning its annual budget.
Perhaps the greatest role of oil price forecast is in IPOs and M&A.

26 January 2018

US Shale Oil Hitting New Highs

 

 

US shale oil output is projected to hit above 6.5 million barrels of oil per day in February 2018 and is leading a recovery in US oil production.

Oil output from shale is projected to increase by 111,000 BOPD in February according to US Energy Information Administration. With this increase, the total shale oil output is expected to reach 6.55 million BOPD in February 2018.

US total oil production is also reaching new highs. EIA forecast that total US oil output will hit annual average of 10.3 million BOPD in 2018 and 10.8 million BOPD in 2019.

At 10.8 million barrels of daily oil production, the US would be one of the world’s top oil producers along with Saudi Arabia and Russia.

17 January 2018

 

 

10 Interesting Facts About The Super-Giant Oil Field of Attaka

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This is the Attaka field, a super-giant offshore oil field located 12 miles from the shore of East Kalimantan in Indonesia. It was discovered by Unocal in August 1970. Unocal, and later on Chevron, was the operator of the Attaka unit on a 50-50 interest basis with Inpex. Attaka field is considered a super-giant oil field having 1023 MMBOE of recoverable reserves.

Here are the interesting facts about the Attaka unit:

  1. Two years after its discovery, Attaka field started producing oil in November 1972, making it as the first offshore field in Indonesia.
  2. It has 10 platforms, 6 of which are remote well head platforms producing oil and gas from 109 wells.
  3. Five subsea wells were completed in 1981-1984 to produce the oil accumulation in areas out of reach of the existing remote platforms. These are the first subsea completions in Indonesia and in Asia.
  4. Following the first discovery well, the Attaka Well 1A, seven appraisal wells were drilled to assess to size and potential of the hydrocarbon accumulation.
  5. The huge Attaka reservoir, formed in the very prolific Kutei basin, is a faulted anticline. It has an areal closure of 8000 acres. Attaka field is one of five super-giant fields discovered in the Kutei basin.
  6. Its oil reserves are attributed to oil found in 22 separate sands at depth between 2800 feet and 7600 feet.
  7. Attaka sands have very high permeability. It is as high as 5 Darcy in some wells.
  8. Attaka field daily oil production was 110,000 BOPD at its peak and gas production was 150 MMSCFPD.
  9. A significant milestone was reached when cumulative oil production of 600 million barrels was recorded at 6:42 PM in March 7, 2001. Cumulative gas production in that same year was 1.3 trillion SCF.
  10. Attaka field has more than 50 sands with variable oil reserves. Reservoir sand thickness ranges from 5 to 100 feet. To produce them economically, multiple zone completion method using dual tubing strings and multiple packers was selected. This method allows the engineers the flexibility to select from which of the 2 to 4 perforated zones in each well they would like to produce from.

Jamin Djuang

15 October 2017