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Underground storage operators must fully understand 2016 PIPES Act
Underground gas storage (UGS) operators need a full understanding of the recommended practices and regulations enacted by the Protecting our Infrastructure of Pipelines and Enhancing Safety (PIPES) Act of 2016, their interactions, and their potential impacts on the UGS industry. Source: News
BLM seeks comments on ways to revise, improve planning process
The US Bureau of Land Management began to revise its planning procedures by soliciting comments on ways it can be timelier and more efficient. The July 3 action came after US President Donald Trump signed House Joint Resolution 44, which nullified the agency’s Planning 2.0 rule, in March. Source: News
PetroKazakhstan wraps first leg of Shymkent refinery revamp
PetroKazakhstan Oil Products LLP, a joint venture of state-owned KazMunaiGas and China National Petroleum Corp., has commissioned a 600,000-tonne/year naphtha isomerization unit as part of the first phase of the long-planned upgrade of its 5.25 million-tpy Shymkent refinery in Kazakhstan. Source: News
GUIDE TO WORLD CRUDES: North Sea Schiehallion crude maintains steady quality
BP Oil International Ltd., a subsidiary of BP PLC, has reissued an assay for Schiehallion crude oil to coincide with the May 2017 resumption of production from the Schiehallion area. Field redevelopment is part of the multibillion-pound Quad 204 project in the west of Shetland region offshore UK. Source: News
BEYOND BACK-TO-BASICS: PROCESS PRINCIPLES AND CONCEPTS-2: Understanding reflux in distillation towers
Following installation of a new air-cooled condenser as part of its crude distillation unit’s preflash tower overhead, a US Midwestern refinery began producing off-spec light naphtha that led to catalyst coking in a downstream naphtha reformer. Source: News
Oil companies invest in digitalization
Oil and gas companies are investing in data analytics and big data. Most industry executives expect corporate strategy increasingly will include the ability to compete on data management and analytic proficiency. Source: News
Operators use reservoir metrics to select bid prospects
Complex data packages associated with bid appraisals require operators’ time and careful attention. Financial stakes are high, yet bid organizers typically limit the time allowed for preparation work to a few weeks. Source: News
Data analytics collates well completions, improves performance parameters
Multivariate analysis of existing well performance data can outperform the trial-and-error completion-design programs common to many unconventional reservoirs. A recent asset evaluation in the Permian basin-a multiple bench play with different landing depths-proved that shorter frac stages in horizontal wells addressed problems associated with heterogeneity along wellbore lengths. Source: News
Unconventional resources, proving ground for applied analytics
Synergies between data analytics and unconventional exploration and development offer operators a productive future. Exploration companies are adopting an increasingly collaborative mindset among the disciplines employed throughout the life of an oil and gas play. Source: News