Term of the Day
LNG is a liquid form of natural gas. It is converted into liquid form by cooling it below minus 163 degrees Celsius. It is a green fuel of our generation as it helps to protect our environment due to lower emissions.
Tight gas refers to natural gas reservoirs embedded in extremely impermeable, hard rock, making the underground formation extremely tight. It is also trapped in sandstone or limestone formations that are unusually nonporous, also known as tight sand.
FCCU is the resultant technological upgrade from the basic catalytic process which was first developed during 1920s by Eugene Houdry for upgrade of residue. This process was commercialized later in the 1930s and it was based on cyclic fixed bed.
The oil and gas industry is facing complex challenges on various fronts from depleting reserves and falling prices to information and data management systems. Other challenges include environmental, health and safety concerns and geopolitical pressures.
Flares act as relief devices when a production plant faces an emergency situation and there is a need to quickly dispose of the excess product in order to avoid a possible catastrophic situation like an explosion.
With the depleting conventional oil and gas reserves in the world on one hand and increasing guzzling energy needs on the other, the energy industry is constantly looking out for unconventional gas sources.
As an alternate fuel, gas hydrates promise to be an environmental friendly fuel which can help in achieving green energy proposition. They key composition in gas hydrates is methane which is the cleanest fuel as it releases minimum residues.
Pipelines play a key role in the transportation of petroleum products across continents in a more efficient and economical way. They are a vital link in the transportation value chain and they help in adding value to the products.
While the oil & gas industry is known for handling voluminous data akin to its nature of operations, what has changed in recent times is the advancement in handling the data.
The inspiration for trading of a product is essentially determined by demand supply situation of that product. There has to be an interest in sourcing the product and equally there has to be a will to sell the product for a gain.
DOF is a capability framework that Oil & Gas organizations strive to acquire whereby they are able to manage business critical production assets in real time to maximize their efficiency and production.
All major Oil & Gas organizations have embraced mobile technology though initially some had apprehension about it from safety and security perspective. Today one can find mobility applications being used in the entire value chain of the oil industry.
Before we get into details of the standard operating procedure relating to bunkering, let us briefly see what are the different types of vessels available in the market that are used for fuel transportation across globe.
Retailing & Marketing are key links in the Oil & Gas supply chain process that aims at reaching oil products to individual consumers in an efficient way.
Refineries are classified into four key categories: Topping, Hydroskimming, Conversion and Deep conversion refineries.
Why is it important to identify integrity-critical equipment?
Conventional gas reservoirs are created when natural gas migrates toward the earth's surface from an organic-rich source formation into a highly permeable reservoir rock, where it is trapped by an overlying layer of impermeable rock.
Mobile Offshore Production Units vs. Floating Production Storage and Offloading Units: What's the Difference?
Drilling is broadly classified into two categories namely onshore and offshore drilling.
With oil accounting for close to 10% of the total world’s Gross Domestic Product (GDP), the industry is crucial for the functioning of world economy.
Casing-Tubing Annuals, also known as annular space or annulus is the space between an object which is inserted into another circular object such as a pipe. The Read more
A Scintillator is material that is used as a detector to measure the number and energy of gamma rays. The material has the property of luminescence when excited by Read more
Threshold Planning Quantity is a US Environmental Protection policy in which extremely hazardous substances that are in solid or semisolid form are subjected to two Read more
Kerosene is a petroleum product derived through the distillation of the crude oil in oil refineries. It is commonly known as "lamp oil" because it was the fuel Read more
Unit of Volume is the measurement unit of crude oil and refined petroleum products. It is usually expressed as barrels of oil produced in a year, a month, per day Read more
Oil Oversupply is a situation in the oil and gas industry whereby an excessive amount of crude oil is available in the market for trade. This situation makes Read more
Geostatic Pressure Gradient is the rate of change in geostatic pressure with depth. A geostatic pressure gradient of 1 psi per feet results from an average density Read more
A Hydril Thread is a premium thread design which connects a hydril with a wellbore for shut in purposes. A hydril is a specialized valve which is used to prevent Read more
Imbibition Relative Permeability is a situation in fluid flow process whereby the saturation of wetting phase increases thereby increasing the wetting fluid phase Read more
A Temperature Compensator is a device that is used to balance the internal temperature of hydraulic systems under ambient pressure and temperature of the Read more
Unit of Measurement is the unit in which crude oil, refined petroleum products, natural gas, liquefied natural gas, and any liquids or condensates are measured and Read more
Deflocculated Mud, also known as deflocculated polymer mud or polymer drilling fluid, is mud which is mixed with low solids polymeric mud in order to provide Read more
Burst Pressure is the theoretical internal pressure exerted on well casing walls, casing joints, pipelines and pipe joints, or any other pressure equipment that can Read more
Shear Thinning is a behavior of drilling fluids in which the viscosity of a certain drilling fluid decreases under shear strain. This means that the viscosity of Read more
Barometric Pressure, also known as atmospheric pressure is the pressure exerted by the weight of air in the earth’s atmosphere. In most cases, the pressure can be Read more
Deep Well Drilling refers to the offshore oil and gas exploration and production activities that take place or are about to take place at depths of more than 500 Read more
Deflocculation is the process by which the solids that are stuck together are dispersed either by electrolyte concentration, raising the pH of the slurry, or adding Read more
An Autotransformer is an electrical device that converts inbound electricity to a higher or lower value of voltage for specific purposes. This device has the Read more
A Block and Bleed Valve, also known as double block and bleed valve, is a combination of one or more isolation valves (generally ball valves) and one or more bleed Read more
Tubing Tongs are self-locking large-capacity pliers which are used to grip drill string components and apply torque. These tongs are usually used by a plumber in Read moreView All