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Douglas-Westwood: oil & gas industry need to push High-Pressure - High Temperature envelope

Green Car Congress

Ultra-HP/HT wells are currently being drilled in the Gulf of Mexico, on the shelf and in deep water. A good example is the Haynesville shale gas play where one E&P Company has completed more than 300 HPHT wells, he noted. HPHT reservoirs drive new technology requirements in a number of ways.

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MIT automotive crash model could forecast oil and gas pipe fractures; Deepwater Horizon case study

Green Car Congress

A computer model that tests automobile components for crashworthiness could also be of use to the oil and gas industry, according to researchers at MIT’s Impact and Crashworthiness Laboratory, who are now using their simulations of material deformation in car crashes to predict how pipes may fracture in offshore drilling accidents.

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New subsea well-capping device to bolster UK emergency underwater oil spill response capability

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UK Energy Minister, Charles Hendry MP, unveiled a well-capping device developed by the Oil Spill Prevention and Response Advisory Group (OSPRAG) at the SPE Offshore Europe 2011 conference in Aberdeen. The OSPRAG well-capping device. Click to enlarge. Capping device key facts. To various points of the subsea stack.

Oil 218
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KPMG survey finds majority of energy execs see oil over $121/barrel this year; shale expected to have transformative impact, investment in alternatives increasing

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Energy executives expect continued volatility in the price-per-barrel of oil for the remainder of the year, with 64% predicting crude prices to exceed $121 per barrel. Only 35% think current crude prices are near the high they expect for oil this year, predicting the peak will be between $111 and $120 per barrel. —John Kunasek.

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Alon USA receives go ahead for Bakersfield, CA rail terminal and refinery project; Bakken light crude

Green Car Congress

The project also entails the addition of up to three boilers; construction of process unit upgrades and/ or modifications; repurposing of existing tankage; and relocation and modernization of existing Liquefied Propane Gas (LPG) truck rack and upgrades to the sales rack. the routes over which the crude oil will be transported.

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UN report finds world needs incremental $1.9 trillion invested in green technologies to avert planetary catastrophe; global per capita cap on primary energy consumption of 70 GJ/yr may be required

Green Car Congress

The past decade was the first in two centuries with increasing CO2 emissions intensities, owing to a “coal revival”, in contrast with the rapid conversion to natural gas in the 1990s. These trends, which are diametrically opposed to declared greenhouse gas mitigation goals and targets, are by no means limited to emerging economies.

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Opinion: The Shale Delusion: Why The Party’s Over For US Tight Oil

Green Car Congress

The party is over for tight oil. Despite brash statements by US producers and misleading analysis by Raymond James, low oil prices are killing tight oil companies. Reports this week from IEA and EIA paint a bleak picture for oil prices as the world production surplus continues. OPEC and US crude oil production.

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