MAR. 7, 2011 | USD 10
International Petroleum News and Technology | www.ogjonline.com
CAPITAL SPENDING
OUTLOOK REFINING
REPORT
LNG
UPDATE VAST DEEPWATER POTENTIAL MULTIPHASE FLOWMETER GROWTH
Innovation Flows From Our Labs To Your Fields, And Now To Your Refineries Chemtech has joined the Champion Technologies portfolio to further optimize our chemicals, engineered programs and downstream capabilities that meet your refinery challenges. Our new, integrated offering delivers cost-effective performance, more reliability and improved throughput with an emphasis on safety. Now offering complete upstream, midstream and downstream solutions.
CH3
CH3
N CH3
S
N
O
S
CH3
S
3
www.champ-tech.com CH 3
CHAMPION TECHNOLOGIES, INC. HOUSTON, TEXAS, USA + 1-713-627-3303
CH3
CONTENTS Mar. 7, 2011 Volume 109.10
78
GENERAL INTEREST Capital budgets to rise this year in North America and worldwide Marilyn Radler
26 Highlight: individual company plans and price expectations
US industry expects higher costs following Macondo Paula Dittrick
40 INGAA prepares for comprehensive pipeline safety legislation
Gadhafi threatens revenge as Libya’s output plunges Eric Watkins
LNG UPDATE
Capital budgets to rise this year in North America and worldwide
Global LNG capacities rising to meet increasing demand
Marilyn Radler
Warren R. True
26
100
Highlight: individual company plans and price expectations
Is LNG a global commodity...yet?
27
110
40
SPECIAL REPORT WATCHING GOVERNMENT NTSB’s limitations
REFINING REPORT
42
Capacity, complexity expansions characterize China’s refining industry past, present, future
Marilyn Radler, Laura Bell
30
SPECIAL REPORT
CAPITAL SPENDING OUTLOOK
Study lists Alaska Arctic OCS development’s potential benefits Nick Snow
Kang Wu
78
42
36 BOEMRE approves first deepwater drilling permit since accident
Brigham’s Bakken operation accelerating
43
Nick Snow
WATCHING THE WORLD LNG booms in Asia-Pacific
38
Sam Fletcher
38 Helix Energy outlines oil spill response system Paula Dittrick
39
EU REFINING—3 (Conclusion): Capacity upgrading to cut gasoline exports by 2030
88
37
Industry still skeptical after first drilling permit since Macondo
Simon Bonini
Nick Snow
27 Oil prices drive earnings in fourth quarter 2010
SPECIAL REPORT
Conditions improving for floating LNG production John Vautrain, Christopher Holmes
114 REGULAR FEATURES NEWSLETTER 6 LETTERS 16 CALENDAR 16 JOURNALLY SPEAKING 22 EDITORIAL 24 EQUIP./SOFTWARE/LITERATURE 118 SERVICES/SUPPLIERS 120 STATISTICS 121 MARKETPLACE 124 ADVERTISERS’ INDEX 127 EDITOR’S PERSPECTIVE/ MARKET JOURNAL 128
COVER Navajo Refinery’s Artesia, NM, 100,000-b/d plant uses KBR’s ROSE solvent deasphalting process. The refinery can process heavy, sour, and light crude oils into such light products as gasoline, diesel fuel, and jet fuel. For 2009, says owners Holly Corp., gasoline, diesel fuel, and jet fuel (excluding volumes purchased for resale) represented 58%, 32%, and 2%, respectively, of the refinery’s sales volumes. This issue’s Refining Report (p. 78) contains an update on refining in China—home to the world’s second largest concentration of refining capacity after the US. Also part of this annual report is the concluding article in a series on EU refining issues and future. Photo from KBR, Houston.
How come the weather is the only nasty thing at this gas field?
Visit us at booth A220, hall 1 at GASTECH 2011, March 21–24, Amsterdam, Netherlands
E50001-E440-F140-X-4A00
Innovative compressor trains from Siemens boost production and preserve the environment. After 50 years of operation, the Groningen gas field in the Netherlands is now, and also for the next decades, fit to secure the supply of its clients. The facilities are fully modernized. One key success factor was the long-term relationship of the operating company NAM and its contractors. Siemens has advanced the compression and variable speed drive technologies to ensure the adaptation of the gas supply to fluctuating demand, to slash maintenance requirements, and to maximize environmental performance. Highest availability and low power consumption of all units are the best basis for an eco-friendly and successful operation. Learn more: www.siemens.com/energy
Answers for energy.
EXPLORATION & DEVELOPMENT
DRILLING & PRODUCTION
PROCESSING
TRANSPORTATION
Continent below the oceans: how much and how far? The future for deepwater exploration (and geopolitics)
Forecast expects continued multiphase flowmeter growth
Global LNG capacities rising to meet increasing demand
Gioia Falcone, Bob Harrison
Capacity, complexity expansions characterize China’s refining industry past, present, future
68
Kang Wu
100
Warren R. True
78
Keith H. James
Shale gas, oil, minerals processing offer synergies in Brazil’s Amazon basins
CLOSED-LOOP CIRCULATING—4 (Conclusion): Data benefit completion design, field development
EU REFINING—3 (Conclusion): Capacity upgrading to cut gasoline exports by 2030
Fabiano Sayao Lobato
David Pavel, Brian Grayson
88
54
74
Conditions improving for floating LNG production
Nelson-Farrar monthly cost indexes
John Vautrain, Christopher Holmes
44
93
US OLEFINS— SECOND-HALF 2010: Ethylene markets return to normal Dan Lippe
94
74
Is LNG a global commodity...yet? Simon Bonini
110
114
Photo from ExxonMobil
100
$# % $ &&% #% ! $ &" $ % %& $ # % % & $ % % $ $ % $ $# % & $# & % % $ #$%& &% % $ %$
%
PennWell, Houston office 1455 West Loop South, Suite 400, Houston, TX 77027 Telephone 713.621.9720 / Fax 713.963.6285 Web site www.ogj.com Editor Chief Editor-Exploration Chief Technology Editor-LNG/Gas Processing Production Editor Pipeline Editor Senior Editor-Economics Senior Editor Senior Writer Senior Staff Writer Survey Editor/News Writer Publisher Vice-President/Group Publishing Director Vice-President/Custom Publishing
Bob Tippee,
[email protected] Alan Petzet,
[email protected] Warren R. True,
[email protected] Guntis Moritis,
[email protected] Christopher E. Smith,
[email protected] Marilyn Radler,
[email protected] Steven Poruban,
[email protected] Sam Fletcher,
[email protected] Paula Dittrick,
[email protected] Leena Koottungal,
[email protected] Jim Klingele,
[email protected] Paul Westervelt,
[email protected] Roy Markum,
[email protected] PennWell, Tulsa office
% %& % %
%& % $# %%$ % & &% % & $ # % %%&
$ %$ & && %&% $ % # &$
%
& $ & $ $ %$ % $ % $ % % $ $ $ & % %$ $ & $ %&%& $ %
$ %$ & $ % $
1421 S. Sheridan Rd., Tulsa, OK 74112 PO Box 1260, Tulsa, OK 74101 Telephone 918.835.3161 / Fax 918.832.9290 Presentation/Equipment Editor Associate Presentation Editor Statistics Editor Illustrators Editorial Assistant Production Director Production Manager
Jim Stilwell,
[email protected] Michelle Gourd,
[email protected] Laura Bell,
[email protected] Mike Reeder, Kay Wayne Donna Barnett,
[email protected] Charlie Cole Shirley Gamboa
Washington Tel 703.533.1552 Washington Editor Nick Snow,
[email protected] Los Angeles
$ & & $ $ %$ %
$ % % $ $ $
Tel 310.595.5657 Oil Diplomacy Editor Eric Watkins,
[email protected] OGJ News Please submit press releases via e-mail to:
[email protected] Subscriber Service P.O. Box 2002, Tulsa OK 74101 Tel 1.800.633.1656 / 918.831.9423 / Fax 918.831.9482 E-mail
[email protected] Audience Development Manager Tommie Grigg,
[email protected] PennWell Corporate Headquarters 1421 S. Sheridan Rd., Tulsa, OK 74112
Chairman President/Chief Executive Officer
DIBOHF
P.C. Lauinger, 1900-1988 Frank T. Lauinger Robert F. Biolchini
Member Audit Bureau of Circulations & American Business Media Copyright 2011 by PennWell Corporation (Registered in U.S. Patent & Trademark Office). All rights reserved. Oil & Gas Journal or any part thereof may not be reproduced, stored in a retrieval system, or transcribed in any form or by any means, electronic or mechanical, including photocopying and recording, without the prior written permission of the Editor. Permission, however, is granted for employees of corporations licensed under the Annual Authorization Service offered by the Copyright Clearance Center Inc. (CCC), 222 Rosewood Drive, Danvers, Mass. 01923, or by calling CCC’s Customer Relations Department at 978-750-8400 prior to copying. Requests for bulk orders should be addressed to the Editor. Oil & Gas Journal (ISSN 00301388) is published 12x per year - monthly the first Monday of each month in print and other Mondays in digital form by PennWell Corporation, 1421 S. Sheridan Rd., Tulsa, Okla., Box 1260, 74101. Periodicals postage paid at Tulsa, Okla., and at additional mailing offices. Oil & Gas Journal and OGJ are registered trademarks of PennWell Corporation. POSTMASTER: send address changes, letters about subscription service, or subscription orders to P.O. Box 3497, Northbrook, IL 60065, or telephone (800) 633-1656. Change of address notices should be sent promptly with old as well as new address and with ZIP code or postal zone. Allow 30 days for change of address. Oil & Gas Journal is available for electronic retrieval on Oil & Gas Journal Online (www.ogjonline.com) or the NEXIS® Service, Box 933, Dayton, Ohio 45401, (937) 865-6800. SUBSCRIPTION RATES in the US: 1 yr. $89; Latin America and Canada: 1 yr. $94; Russia and republics of the former USSR, 1 yr. 2,200 rubles; all other countries: 1 yr. $129, 1 yr. premium digital $59 worldwide. These rates apply only to individuals holding responsible positions in the petroleum industry. Single copies are $10 each except for 100th Anniversary issue which is $20. Publisher reserves the right to refuse non-qualified subscriptions. Oil & Gas Journal is available on the Internet at http://www.ogjonline.com. (Vol. 109, No. 10) Printed in the US. GST No. 126813153. Publications Mail Agreement Number 602914. Return Undeliverable Canadian Addresses to: P.O. Box 1632, Windsor, ON N9A 7C9. Ride-a-Long enclosed in P2 & P3
"" #%" "$ " " %"$# " # " $ " """# " "# $$ $ $ " $ % # % #%#$" "" % %"%%$"#"" $"## $ #% # "%%$" " % #
##%$" " "#% ! $ %" # # %# " #$ %#% "#%
%SJMMJOH
$$# % " "" " " %# "## $$"% % % $ $$" "# %
DIBOHF
OGJ Newsletter
Mar. 7, 2011
®
International News for oil and gas professionals
GENERAL INTEREST Q U IC K TA K E S EPA extends GHG reporting deadline beyond Mar. 31 The US Environmental Protection Agency extended the deadline for initial reporting of greenhouse gas emissions beyond its original Mar. 31 date following extensive conversations with affected industries and other stakeholders. EPA also is in the process of finalizing a user-friendly online electronic reporting program to ensure that requirements are understandable and practical, the agency said on Mar. 1. The National Petrochemical & Refiners Association applauded EPA’s move. “It’s a sensible step that will benefit both the American people and businesses across the nation by providing better quality information,” NPRA Pres. Charles T. Drevna said. EPA said it plans to have the final uploading tool for GHG reporting available this summer, with the data scheduled to be published later this year. The extension will let EPA further test the system plants will use to submit data and give industries a chance to test the tool, provide feedback, and have enough time to become familiar with it prior to actual reporting, it said. “Taking a little extra time to get this program right makes more sense than rushing to meet an artificial and inflexible deadline,” NPRA’s Drevna said. “Our members have been working for several years to develop an accurate greenhouse gas database for their refineries and petrochemical manufacturing facilities, and we recognize the need for a quality reporting program.” EPA said it will provide more details about the intended changes in the next few weeks, and make certain the reporting extension is in effect before the original Mar. 31 deadline. The agency also has been holding hearings with industries which will be affected first by its programs to limit GHG emissions, and was to meet with refiners on Mar. 4.
BLM issues guidance to its field managers The US Bureau of Land Management issued guidance to its field managers on Feb. 25 describing how the agency will use its land use planning process to help states, communities, Indian tribes, and other stakeholders develop the best ways to manage public land with wilderness characteristics. The guidance was issued under Secretarial Order 3310,
6
For up-to-the-minute news, visit www.ogjonline.com
which US Interior Sec. Ken Salazar issued in December. The order restores a policy that was revoked in 2003 as part of an outof-court settlement between then-Sec. Gale A. Norton, Utah’s state government, and other parties. BLM has not had comprehensive, long-term guidance on managing public land with wilderness characteristics since that time, Salazar said when he issued the order. The policy is “a common sense approach that also makes good economic sense,” BLM Director Robert V. Abbey said as he issued it. The order, which some groups consider a de facto setting aside of additional acreage for wilderness, requires BLM to consider all resources on public lands, including wilderness characteristics, in its land use planning. Land with wilderness characteristics provides outstanding recreational opportunities as well as cultural, scientific, historical, and environmental resources, supports of the policy argue.
EPA revamps boiler rules to cut costs The US Environmental Protection Agency issued revised Clean Air Act standards for boilers and certain incinerators, saying it cut estimated costs by about 50% from the rules that it proposed last year. EPA estimates its final rules lower the cost of pollution control installation and maintenance by about $1.8 billion/year less than its original proposal. The rules cover toxic emissions from some 13,800 large industrial boilers, including refineries and chemical plants. The new boiler rule, known as the maximum achievable control technology (MACT) rule, sets standards to reduce air emissions of mercury, organic air toxics, and dioxins (OGJ Online, Feb. 4, 2011). Howard Feldman, American Petroleum Institute director of science and regulatory policy, said he was reviewing the rule. “API understands that EPA has finalized work practices for most gas-fired boilers and process heaters,” Feldman said. “We continue to believe that this is the appropriate control measure for all low-emitting gas-fired units. API is committed to work with the agency during its reconsideration period.” In response to a September 2009 court order, EPA issued the proposed rules in April 2010, prompting significant public input. EPA made extensive revisions and in December 2010 requested additional time for review. The court granted EPA 30
Oil & Gas Journal
You can’t go
green
without a touch of blue.
Our talented people, coupled with our focus on sustainable projects in refining, petrochemicals, upstream, power, and pharmaceuticals, make Foster Wheeler your partner of choice for the exciting projects and emerging technologies that are changing our industry.
You can’t go green without a touch of Foster Wheeler blue.
Visit our website at www.fwc.com/green
IPE BRENT / NYMEX LIGHT SWEET CRUDE $/bbl 115.00 112.00 109.00 106.00 103.00 100.00 97.00 94.00
US INDUSTRY SCOREBOARD — 3/7 4 wk. average
Latest week 2/18
Feb. 23
Feb. 24
Feb. 25
Feb. 28
Mar. 1
Motor gasoline Distillate Jet fuel Residual Other products
YTD avg. year ago1
Change, %
8,741 3,701 1,321 602 4,730 19,095
0.1 2.7 6.9 10.1 3.6 2.3
8,743 3,731 1,418 582 4,845 19,319
8,704 3,709 1,328 552 4,655 18,948
0.4 0.6 6.8 5.4 4.1 2.0
Crude production NGL production2 Crude imports Product imports Other supply2, 3 TOTAL SUPPLY Refining, 1,000 b/d
5,595 2,065 8,574 2,654 2,026 20,914
5,466 2,022 8,600 2,860 1,777 20,725
2.4 2.2 –0.3 –7.2 14.0 0.9
5,496 2,062 8,794 2,652 2,069 21,073
5,455 2,098 8,529 2,807 1,665 20,554
0.8 –1.7 3.1 –5.5 24.3 2.5
Feb. 23
Feb. 24
Feb. 25
Crude runs to stills Input to crude stills % utilization
14,011 14,504 82.5
13,263 14,204 80.8
5.6 2.1 ––
14,177 14,603 83.0
14,283 14,593 82.6
–0.7 0.1 ––
Supply, 1,000 b/d
Feb. 28
Mar. 1
NYMEX NATURAL GAS / SPOT GAS - HENRY HUB
Latest week 2/18
Latest week
Previous week1
346,739 238,298 159,937 40,475 37,403
345,917 241,096 161,270 41,435 39,451
24.7 27.2 42.1 19.9
24.4 27.9 42.3 19.3
Stock cover (days)4 Feb. 23
Feb. 24
Feb. 25
Feb. 28
Mar. 1
Same week year ago1 Change
Change
Change, %
Stocks, 1,000 bbl Crude oil Motor gasoline Distillate Jet fuel-kerosine Residual
IPE GAS OIL / NYMEX HEATING OIL ¢/gal 302.00 299.00 296.00 293.00 290.00 287.00 284.00 281.00
YTD average1
8,746 3,802 1,412 663 4,902 19,525
TOTAL PRODUCT SUPPLIED
$/MMbtu 4.10 4.00 3.95 3.90 3.85 3.80 3.75 3.70
Change, %
Product supplied, 1,000 b/d
WTI CUSHING / BRENT SPOT $/bbl 113.00 110.00 107.00 104.00 101.00 98.00 95.00 92.00
4 wk. avg. year ago1
822 –2,798 –1,333 –960 –2,048
337,537 231,170 152,664 43,650 40,017
9,202 7,128 7,273 –3,175 –2,614
Change, %
Crude Motor gasoline Distillate Propane Futures prices5 2/25
Change, %
1.2 –2.5 –0.5 3.1
24.6 26.4 41.2 18.7
0.4 3.0 2.2 6.4
Change
Light sweet crude ($/bbl) Natural gas, $/MMbtu
96.71 3.89
85.34 3.91
2.7 3.1 4.8 –7.3 –6.5
Change
11.37 –0.02
78.30 5.23
%
18.41 –1.34
23.5 –25.6
1 Based on revised figures. 2OGJ estimates. 3Includes other liquids, refinery processing gain, and unaccounted for crude oil. 4Stocks divided by average daily product supplied for the prior 4 weeks. 5Weekly average of daily closing futures prices. Source: Energy Information Administration, Wall Street Journal
Feb. 23
Feb. 24
Feb. 25
Feb. 28
Mar. 1
BAKER HUGHES INTERNATIONAL RIG COUNT: TOTAL WORLD / TOTAL ONSHORE / TOTAL OFFSHORE
PROPANE - MT. BELVIEU / BUTANE - MT. BELVIEU ¢/gal 185.00 180.00 175.00 155.00 150.00 145.00 140.00
Feb. 23
Feb. 24
Feb. 25 Feb. 28 1
Mar. 1
NYMEX GASOLINE (RBOB)2 / NY SPOT GASOLINE3 ¢/gal 300.00 295.00 290.00 285.00 280.00 275.00 270.00 265.00 1Not
3,900 3,600 3,300 3,000 2,700 2,400 2,100 1,800 1,500 300 0
3,437 3,100
336
Jan. 10
Feb. 10
Mar. 10
Apr. 10
May 10 Jun. 10
Jul. 10
Aug. 10
Sept. 10
Oct. 10
Nov. 10
Dec. 10
Jan. 11
Note: Monthly average count
BAKER HUGHES RIG COUNT: US / CANADA 1,800
1,699
1,600
1,373
1,400 1,200 1,000 800
623
576
600 400 Feb. 23
Feb. 24
Feb. 25
Feb. 28
Mar. 1
available 2Reformulated gasoline blendstock for oxygen blending 3Nonoxygenated regular unleaded
200
12/11/09
12/25/09
12/18/09
1/8/10
1/1/10
1/22/10
1/15/10
2/5/10
1/29/10
2/19/10
2/12/10
12/10/10
2/26/10
12/24/10
12/17/10
1/7/11
12/31/10
1/21/11
1/14/11
2/4/11
1/28/11
2/18/11
2/11/11
2/25/11
Note: End of week average count
8
Oil & Gas Journal | Mar. 7, 2011
Shouldn’t you know your safety loops from the inside out?
With a smart safety instrumented system you can. DeltaV SIS. Smart. DeltaV SIS is the only logic solver to digitally diagnose and automatically proof test components of your entire safety loop. No more second guessing–the health of each element in the safety loop is continuously monitored. This valuable information is easily accessed by operators without data-mapping and multiple databases. DeltaV SIS shuts down your plant when needed for safety, but keeps you running safely when components fail–reducing spurious trips. DeltaV SIS is the first to use predictive intelligence and device diagnostics to enable safer facilities, improve availability, lower life-cycle costs, and ease regulatory compliance. For more insight, visit: www.DeltaVSIS.com
The Emerson logo is a trademark and a service mark of Emerson Electric Co. ©2010 Emerson Electric Company
days, resulting in the Feb. 23 announcement. Because the final standards significantly differ from the proposals, EPA believes further public review is required. The agency said it will reconsider the final standards under a Clean Air Act process that allows it to seek additional public review and comment to ensure full transparency.
EXPLORATION & DEVELOPMENT Q U IC K TA K E S Perla gas in place hiked to more than 16 tcf Eni SPA and Repsol-YPF SA have hiked the estimate of gas in place at supergiant Perla gas-condensate field in the Gulf of Venezuela to more than 16 tcf from the previous estimate of more than 14 tcf. The companies have finalized front-end engineering design for a 300 MMscfd early production phase targeted to start up in 2013 (OGJ Online, Nov. 15, 2010). The most recent appraisal well, Perla-4, tested at 17 MMscfd of gas and 560 b/d of condensate. The well is in 60 m of water on the Cardon IV block. Four light offshore platforms would be linked by pipeline to a central processing facility (CPF) on the Paria Peninsula. Full phase development would involve additional wells and an upgrade of the CPF to 1.2 bscfd. Eni said, “Early assessments indicate capacity for Perla gas commercialization via the domestic market due to gas request for power generation, petrochemical, and heavy oil upgrading projects. However, further options for gas export will also be analyzed, jointly with the government, in order to extract maximum commercial value from the field.” The block is licensed and operated by Cardon IV SA, a joint operating company owned 50-50 by Eni and Repsol-YPF. Petroleos de Venezuela SA owns a 35% back-in right to be exercised in the development phase, and at that time Eni and Repsol-YPF will each hold a 32.5% interest in the project, which will then be jointly operated by the three companies.
Colombia’s Rancho Hermoso oil field growing Canacol Energy Ltd., Calgary, will drill as many as seven development wells starting in late second quarter 2011 in Rancho Hermoso field in the northwestern Llanos basin in Colombia, where its latest development well tested oil from five formations including one new field pay. The RH 10 well went to a total depth of 10,305 ft and cut 110 ft of net oil pay in Ubaque, Guadalupe, Los Cuervos-Barco, Mirador, and new pay Carbonera C7 formations. Combined production rate totaled 26,286 b/d of oil. The well previously tested a combined 19,066 b/d of oil from the Ubaque and Guadalupe reservoirs. Los Cuervos-Barco, with 19 ft of net oil pay with 26% average porosity, stabilized at 6,791 b/d of 34° gravity oil with 28% water cut on an electric submersible pump from perforations at 9,410-25 ft measured depth. Mirador had 9 ft of oil pay with 25% average porosity.
10
The C7 tried to blow out when perforated at 8,962-74 ft MD. Bull heading brought the well under control in 3 days, after which the formation made 429 b/d of 34° gravity oil with 10% load water cut on an ESP. Formation damage is probable, and the zone is to be properly stimulated and tested in future wells. The C7 is present and oil-bearing in the majority of the field’s wells, and Canacol will formulate a development plan. The well is to be completed next week in the Ubaque, which tested at 8,122 b/d. RH 10 is the last of a five-well development program begun in mid-2010. The 2011 seven-well program is directed at all reservoirs except C7.
Trinidad and Tobago receives bids on offshore blocks Trinidad and Tobago received five bids on three blocks in its Deep Water Atlantic Bid Round, which closed Feb. 18. BP PLC was the sole bidder on Block 14. Three entities bid on Block 23(a): BP PLC, Niko Resources Ltd., and a consortium of BHP Billiton, Repsol-YPF SA, and Total SA. A consortium of BHP and Repsol-YPF was the only bidder for Block 23(b). The twin-island nation’s Minister of Energy and Energy Affairs Carolyn Seepersad-Bachan noted that while 11 blocks were put up for bid, it was not surprising that companies opted for the blocks that they felt were more prospective. “You will recall that we instituted a nomination process asking companies to nominate blocks for the bid round. On the basis of this we chose to offer a wide range of blocks to cover every eventuality,” the energy minister said. “In taking this approach, we offered many more blocks than we would usually do and we recognize no matter how many blocks we offer, companies always cluster around what they perceive to be among the most prospective,” she said. Seepersad-Bachan said more than two thirds of Trinidad and Tobago’s acreage has not yet been explored. Most of this acreage lies in the deep water and is frontier acreage, carrying significant risks but high rewards. She said for this reason, the country reformed its fiscal regime to allow companies the flexibility to arrange their exploration programs to reduce some of this risk. She explained, “Therefore in what is perceived to be the less-prospective blocks, companies may bid a seismic option only. And in the more prospective blocks, the number of wells in the obligatory phase may vary. We have also opted for an open biddable profit-sharing matrix, no signature bonus or carried participation.” However the minister said there were minimum benchmarks for bids and the ministry will not accept bids below this threshold. She said recent studies have gone a long way in establishing the prospectivity of the deepwater acreage. “The studies have shown that there are significant resources in the deep water, in the billion barrel region, and as with Brazil, the early adopters will benefit.”
Oil & Gas Journal | Mar. 7, 2011
GAS TREATING AND PROCESSING. SOLUTIONS. NITROGEN, HELIUM, COAL MINE METHANE, CO2 TECHNOLOGY. BEYOND ENGINEERING.
DRILLING & PRODUCTION Q U IC K TA K E S Petrobras starts well test in Campos basin Petroleo Brazileiro SA (Petrobras) commenced on Feb. 23 an extended well test on the Tracaja presalt reservoir, via well 6-MLL-70, which is in the Campos basin’s Marlin Leste field, 124 km off Rio de Janeiro. Petrobras connected Well 6-MLL-70, which made the oil discovery at a 4,442-m depth in September 2010, to the P-53 floating production, storage, and offloading vessel that also handles production from other wells in the Marlin Leste field that produce oil from non presalt reservoirs. Initial flow from Well-6-MML-70 was 23,300 b/d. In December 2010, Petrobras began a similar test at Carimbe also in the presalt cluster in the Caratinga area. Petrobras submitted the discovery assessment plan for Tracaja to the National Petroleum Agency in 2010. The plan calls for the drilling one or two wells for delineating the accumulation. In addition to Tracaja and Carimbe, Petrobras has discovered oil in other Campos basin presalt areas and will start an extended well test at Brava (Marlim concession), Aruana, and Oliva (exploration Block BM-C-36) in 2011. In the northern portion of the Campos basin, off the coast of Espirito Santo, Petrobras has been producing presalt oil from Parque das Baleias since August 2008.
Solar technology supplies steam to EOR project The world’s first commercial thermal enhanced oil recovery project that uses solar steam generators went on line Feb. 24 at Berry Petroleum Co.’s heavy oil 21Z lease in McKittrick, Calif. The project incorporates GlassPoint Solar’s single transit trough technology, specifically designed for rugged oil field environments. The solar facility uses a glasshouse enclosure to protect and seal the solar mirror from the elements, including dust, dirt, sand, and humidity. GlassPoint said the protected environment allows for the use
of ultralight, low-cost reflective materials. Other features of its system noted by GlassPoint are: • Creation of a protected environment, where high-performance, front-surface reflectors are now practical and durable for the first time. • Automated washing equipment that eliminates manual cleaning and operator intervention, further reducing costs and water use as well as worker health and safety concerns. • Elimination of multiple light transits through dirty glass, delivering higher real-world optical efficiency than today’s other solar systems. • Efficient land use, offering the highest steam production per acre of any solar technology—five times more steam per acre than solar tower systems. • Directly raising steam with standard oil field boiler feedwater, eliminating reboilers and expensive deionizing units required by older solar systems. • Delivery of steam at a constant price for the entire 30-year life of the system. GlassPoint built the solar unit in less than 6 weeks and estimates that its facililty on the 21Z lease will supply during the day about an average 1 million btu/hr of solar heat and replace 25-80% of the steam generated by gas-fired boilers on the lease. In a February presentation, Berry Petroleum noted that it acquired the 21Z lease in 2009 and that it considered the development of the lease as a next generation heavy oil project. It said these projects have higher viscosity crude and will require higher steam-oil ratios and tighter spacing than traditional Midway-Sunset developments. Berry completed a pilot on the 21Z lease in 2010 and has targeted a 50-well development program for the lease in 2011.
Alberta Blackrod SAGD pilot injection nears BlackPearl Resources Inc., Calgary, plans to inject steam in the second quarter of 2011 at a steam-assisted gravity drainage pilot at Blackrod in Alberta’s Athabasca area. BlackPearl expects pilot results in late 2011 and would apply for a 40,000 b/d commercial development in the 2012 first quarter. The project involves 9° gravity oil in 18-26 m of pay in the Lower Grand Rapids formation on 30,080 net acres (OGJ Online, Mar. 30, 2010). Since receiving regulatory approval for the pilot last October, BlackPearl has drilled a horizontal well pair and water source, water disposal, observation, and monitoring wells. The company has 100% working interest and is operator of the project.
PROCESSING Q U IC K TA K E S PBF unit completes Toledo refinery purchase
Solar house for Berry Petroleum Co.’s heavy oil 21Z lease in McKittrick, Calif. Photo from GlassPoint Solar.
12
Toledo Refining Co. LLC, a wholly owned subsidiary of PBF Holding Co. LLC, has completed its purchase of a 170,000-b/d refinery in Toledo, Ohio, from Sunoco Inc. (OGJ, Dec. 13, 2010, Newsletter). The purchase price was $400 million, half in cash and half in a 2-year note.
Oil & Gas Journal | Mar. 7, 2011
With Aflac, you know that if your employees get hurt or sick they will have a safety net. Aflac helps pay costs that major medical doesn’t cover, by sending cash directly—faster than our top competitors.
Aflac makes your benefits
even sweeter.
Because it’s voluntary, it doesn’t cost your business a penny. Pretty sweet. Visit aflac.com/sweetbenefits, and see what all the buzz is about.
NAD1116
ACCIDENT | CANCER AND CRITICAL ILLNESS | DENTAL | VISION | HOSPITAL INDEMNITY | LIFE | DISABILITY Individual coverage underwritten and offered by American Family Life Assurance Company of Columbus. In New York, coverage underwritten and offered by American Family Life Assurance Company of New York. Some policies may be available as group policies. Group coverage underwritten and offered by Continental American Insurance Company. Policies may not be available in all states. Aflac pays cash benefits direct to the insured, unless assigned. Aflac processes most claims in an average of four days. For Continental American Insurance Company, the average is five days. There may be indirect administrative or other costs.
Oman Refineries & Petrochemical Co. let a $40 million contract to CB&I, Houston, for front-end engineering and design and project management at the Sohar refinery. The project will increase capacity of the refinery to 187,000 b/sd from 116,000 b/sd by installing various clean fuels units and increasing capacity of and debottlenecking existing units, said the CB&I announcement.
two-berth pier and LNG is transferred over cryogenic arms from supply vessel to regasification vessel. At the TRBA terminal, LNG will be transferred directly between vessels using side-by-side docking, which means that the regasification vessel will dock at a single-berth, island-type pier, said the company. With direct connection to the supply vessel, LNG will be transferred over short hoses or loading arms to the regasification vessel, which will convert LNG back into a vapor. Gas will then be injected into the pipeline network through a 28-in. pipeline that is 49 km long including a 15-km subsea section. Petrobras noted that currently only two other LNG terminals in the world use this configuration: Bahia Blanca in Argentina and the UAE’s Dubai terminal.
Two Chilean refineries due technical services
KMEP enters Bakken, Eagle Ford rail partnership
SGS Industrial Services Chile, Santiago, has been assigned a 2-year contract to provide comprehensive asset integrity management and nondestructive testing services for two oil refineries in Chile. The company didn’t identify the plants. OGJ’s annual survey indicates that Chile’s state Empresa Nacional de Petroleo operates the country’s only three refineries, Anconcagua, Gregorio, and BioBio. SGS said its role will be to help the client manage the refineries’ assets and to ensure their integrity and reliability. The services include inspection of reactors, tanks, certain pipelines and distillation columns, conventional and advanced nondestructive testing (NDT), including vibration analysis for rotary equipment, and rope access services to enable access at different inspection points.
Kinder Morgan Energy Partners LP (KMEP) and Watco Cos. LLC will build and operate several rail facilities in key markets for loading and unloading crude oil, along with other commodities and products tied to the oil and gas industry. The network will include markets such as Dore and Stanley, ND; Stroud, Okla.; and Houston as well as strategic loading facilities in the Eagle Ford shale in South Texas. Each facility will handle large unit train crude volumes along with manifest commodities such as frac sand, pipe, and drilling supplies. The Dore facility will include Pioneer Oil LLC and have more than 10,000 ft of track in Phase I along with warehousing for inside storage. Watco expects the facility to enter service Sept. 1. Stroud will handle unit train volumes starting Oct. 1, providing customers direct access to Cushing, Okla. KMEP is 50% partner in a new venture building 750,000 bbl of new storage at Cushing (OGJ Online, Mar. 1, 2011). The other locations are still in design phase and will be operational first-quarter 2012. Burlington Northern Santa Fe Railway Co. will provide rail services for the project. BNSF also is serving Rangeland Energy LLC’s North Dakota oil terminal, COLT Connector, set to enter service by December (OGJ Online, Dec. 1, 2010).
The deal also included a participation payment of up to $125 million, based on profitability of the refinery, and sale of inventories. The high-conversion refinery processes mainly light, sweet crudes from the US Midcontinent and Canada.
Oman awards refinery expansion contract
TRANSPORTATION Q U IC K TA K E S Petrobras announces third LNG terminal Petroleo Brasileiro SA (Petrobras) reported it will install a third offshore LNG terminal. The Bahia regasification terminal (TRBA), with capacity to regasify 14 million cu m/day (cmd), will supply natural gas to the state of Bahia, the heaviest consumer of gas among the northeastern Brazilian states. TRBA will be installed in the Bay of All Saints and interconnect with a pipeline network at two sites: one in the Bahia network, at Candeias, and the other at kilometer 910 on the Cacimbas-Catu pipeline, a section of the Southeast-Northeast Gas Pipeline started up in March 2010. As part of Brazil’s Growth Acceleration Program, Petrobras said, work will begin in March 2012 with completion scheduled for August 2013 under an investment of nearly $425 million. Currently, Brazil has LNG terminals at Pecem (State of Ceara) with a regasification capacity of 7 million cmd, and in the Guanabara Bay (State of Rio de Janeiro) with capacity of 14 million cmd. When the TRBA terminal comes online in September 2013, Brazil’s total regasification capacity will reach 35 million cmd, overtaking the gas imports via pipeline from Bolivia (31 million cmd). At the Pecem and Guanabara Bay terminals, tankers moor at a
14
Venture to add storage capacity at Cushing Kinder Morgan Energy Partners LP is investing $25 million for a 50% interest in a tank farm at Cushing, Okla., to which a related joint venture will add storage capacity. Kinder Morgan formed the JV with Deeprock Energy Resources LLC, the construction manager and terminal operator, and Mercuria Energy Trading Inc., which will remain anchor tenant for the next 5 years with an option to extend. The JV will build three storage tanks with capacity totaling 750,000 bbl. Capacity of the tank farm now is 1 million bbl. KMEP also entered a development agreement in which it receives an option to participate in future expansions on the remaining 254 acres of Deeprock’s undeveloped land. Partly because crude in storage at Cushing is at nearly capacity levels, West Texas Intermediate crude is trading at an unusually large discount to Brent.
Oil & Gas Journal | Mar. 7, 2011
IF YOU THINK ALL WE DO IS TIME & ATTENDANCE, YOU’RE NOT ALONE. YOU’RE WRONG. BUT NOT ALONE.
PEOPLE WHO ARE WRONG
= LOTS
VISIT KRONOS.COM/STORIES10
TO LEARN HOW COMPANIES OF ALL TYPES AND SIZES USE KRONOS TO MAXIMIZE THEIR WORKFORCE
We started by revolutionizing employee time tracking. 30-plus years of innovation later, our fully integrated suite makes it easy to do things like track employee time and set schedules. Streamline HR and payroll processes. Hire better people. And make better decisions. All the tools you need to manage your workforce, from the company that is proving workforce management doesn’t have to be so hard.
TIME & ATTENDANCE
SCHEDULING
ABSENCE MANAGEMENT
HR & PAYROLL
HIRING
©2011 Kronos Incorporated. Kronos and the Kronos logo are registered trademarks of Kronos Incorporated or a related company. All rights reserved.
LABOR ANALYTICS
LETTERS
2011-2012 EVENT CALENDAR
Joint spill planning
Denotes new listing or 228-6329 (fax), website: www.events.nace.org/ a change in previously conferences/c2011/inpublished information. As Cuba and The Bahamas develop their dex.asp. 13-17. deepwater oil and natural gas potential, the
possibility of an accidental oil spill demands proactive joint planning by both countries and the US in order to minimize or avoid such a disaster in a spirit of cooperation and not confrontation in order to protect our fragile shared marine environment. A model for such planning can be the MEXUS Plan signed by the US and Mexico in 1980 in response to the 1979 blowout of the Ixtoc I exploratory well and consequent spill in the Bay of Campeche. US Rep. Vern Buchanan of Sarasota recently introduced a bill, HR 372, which attempts to coerce foreign oil companies that explore in Cuban waters by blocking them from drilling in US territorial waters. This approach is counterproductive and affects American oil companies’ overseas ventures in countries such as Brazil, Angola, Vietnam, and Russia and as a result jeopardizes US international energy security interests. Such an action would also impact domestic national energy policy as foreign oil companies are today the operators or interest holders in about a quarter of the active of pending federal oil and gas leases in the Gulf of Mexico. A retaliatory strategy does not accomplish the objective of prudent environmental stewardship. We should be responsible and pragmatic in order to respond effectively to an oil-related marine accident by providing international oil companies operating in Cuba and The Bahamas immediate access to US oil services and equipment companies that can provide the near-instant technology and know-how that will be needed to limit and halt damage to the marine environment. The Deepwater Horizon incident experience taught the US very important hands-on lessons on how to manage such a catastrophe, lessons which would benefit us in the future by sharing them with neighbors. Obviously, the establishment of working relations between the US, Cuba, and The Bahamas in marine environmental protection would assist enormously in the contingency planning and cooperation necessary to an early and truly effective response to an oil spill. Jorge R. Pinon Visiting Research Fellow Florida International University Miami
16
MARCH 2011
Libya International Petro & Energy Fair, Tripoli, 00971 4 2988144, 00971 4 2987886 (fax), e-mail:
[email protected], website: www. orangefairs.com. 7-10. API Spring Committee on Petroleum Measurement Standards Meeting, Dallas, (202) 682 8000, (202) 682-8222 (fax), website: www.api.gor. 7-10.
AIChE Spring Meeting & Global Congress on Process Safety, Chicago, (800) 242-4363, (203) 775-5177 (fax), website: www.aiche.org/conferences/springmeeting/ index.aspx. 13-17. Offshore West Africa Conference & Exhibition, Accra, Ghana, (918) 8319160, (918) 831-9161 (fax), e-mail:
[email protected], website: www.offshorewestafrica.com. 15-17.
CERA Week, Houston, (713) 840-8282, (713) 599-9111 (fax), e-mail:
[email protected], website: www.cera.com. 7-11.
World Heavy Oil Congress, Edmonton, Alta., (888) 799-2545, (403) 245-8649 (fax), website: www.worldheavyoilconRenewable Energy World gress.com. 15-17. Conference & Expo North America, Tampa, TUROGE Turkish International Oil & Gas (918) 831-9160, (918) Conference & Showcase, 831-9161 (fax), e-mail: Ankara, +44 (0) 20 7596 registration@pennwell. 5000, +44 (0) 20 7596 com, website: www. renewableenergyworld- 5111 (fax), e-mail:
[email protected], events.com. 8-10. website: www.turoge. European Fuels Confer- com. 16-17. ence Annual Meeting, NPRA Annual Meeting, Paris, +44 (0)207 430 San Antonio, (202) 4579513, +44 (0)207 430 0480, (202) 457-0486 9513 (fax), e-mail: e.huiban@theenergyex- (fax), e-mail: info@npra. org, website: www.npra. change.co.uk, website: org. 20-22. www.wraconferences. com/2/4/articles/205. MEOS/SPE’s Middle East php. 8-11. Oil & Gas Conference & Exhibition, Manama, +44 DEA(e) Technical Oil & Gas Conference on Well (0)20 7840 2139, +44 Control, Bad Bentheim, (0)20 7840 2119 (fax), e+44 (0) 1483 598000, mail: meos@oesallworld. com, website: www. e-mail: dawn.dukes@ meos2011.com. 20-23. otmnet.com, website: www.dea-europe.com. GPA Europe at GasTech 10-11. Conference & Exhibition, NACE Corrosion Confer- Amsterdam, +44 (0) ence & Expo, Houston, 1737 855000, +44 (0) 1737 855482 (fax), e(800) 797-6223, (281) mail:
[email protected],
Oil & Gas Journal | Mar. 7, 2011
CIT Energy. Financing Expertise. CIT understands the energy industry’s need for flexible, responsive and customer-focused financing solutions. With deep industry expertise forged over decades, we develop comprehensive solutions to support strategic and funding needs for middle market energy and power sector customers. To learn more, visit cit.com/energy or call Mike Lorusso, Managing Director, 212-771-6003.
LEVERAGED FINANCE
PROJECT FINANCING
RESERVE BASED LENDING
STRUCTURED FINANCE
© 2011 CIT Group Inc. CIT and the CIT logo are registered service marks of CIT Group Inc.
e-mail: www.gastech. co.uk. 21-24.
OMC Offshore Mediterranean Conference, Ravenna, +39 0544 GASTECH International 219418, e-mail: conferConference & Exhibition,
[email protected], website: Amsterdam, +44 (0) www.omc.it/2011. 23-25. 1737 855000, +44 (0) 1737 855482 (fax), eMarine Technology mail:
[email protected], Society Houston Section e-mail: www.gastech. Annual Marine/Offshore co.uk. 21-24. Industry Outlook Conference, Houston, (512) CIPPE China Inter301-2744, website: www. national Petroleum & mtshouston.org. 24. Petrochemical Technology and Equipment SPE Production and Exhibition, Beijing, +86 Operations Sympo10 58236588/6555. sium, Oklahoma City, +86 10 58236567 (fax), (800) 456-9393, (972) e-mail: cippe@zhenwei952-9435 (fax), e-mail: expo.com, website: www.
[email protected], website: cippe.com.cn/cippeen. www.spe.org. 27-29. 22-24. IADC Drilling HSE Asia Pacific Conference & Exhibition, Singapore, (713) 292-1945, (713) 292-1946 (fax), e-mail:
[email protected], website: www.iadc.org/conferences. 23-24.
NPRA International Petrochemical Conference, San Antonio, (202) 4570480, (202) 457-0486 (fax), e-mail: info@npra. org, website: www.npra. org. 27-29.
Oil & Gas Journal | Mar. 7, 2011
Howard Weil Annual Energy Conference, New Orleans, (504) 5822500, website: www. howardweil.com/energyconference.aspx. 27-30. Middle East Downstream Week Annual Meeting, Abu Dhabi, +44 (0) 1242 529 090, +44 (0) 1242 529 060 (fax), e-mail: wra@theenergyexchange. co.uk, website: www. wraconference.com. 27-30. ACS National Meeting & Exposition, Anaheim, Calif., (202) 872-4600, e-mail:
[email protected], website: www.acs.org. 27-31. Purvin & Gertz International LPG Seminar, The Woodlands-Houston, (713) 331-4000, (713) 236-8490 (fax), e-mail: info@purvingertz. com, website: www. purvingertz.com. 28-31.
17
2011-2012 EVENT CALENDAR
Crawfish • Beer and soft drinks Barbecue • Hot dogs • Bratwurst Live band • Desserts Children’s games • Raffles Proceeds go to Engineering Scholarships
Sunday, May 1 / 1-5 p.m. $35/ticket ($40 at the door) University of Houston (entrance #1 – off Spur 5)
Lynn Eusan Park
For tickets & sponsorship Info: contact Diane Ashen, (713) 271-1983 Thank You 2010 Sponsors TITANIUM SPONSORS AKER SOLUTIONS ASHEN & ASSOCIATES EXECUTIVE SEARCH BAKER HUGHES CAMERON DRIL-QUIP GE OIL & GAS PENNWELL RADOIL
PLATINUM SPONSORS ALOCA OIL & GAS AMEC PARAGON FMC FORUM OILFIELD TECHNOLOGIES OCEANEERING SCANA SCHLUMBERGER STRESS ENGINEERING SERVICES TECHNIP WORLEY PARSONS INTECSEA
CORPORATE SPONSORS CASTLE METALS OIL & GAS DASS MACHINE OF ARKANSAS FORGE USA OIL STATES TESCO CORPORATION TRANSOCEAN
18
website: www.pipelineconference.com. 4-5.
Eastern Canada shale Gas Symposium, Montreal, Que., (877) 927-7936, (877) 927-1563 (fax), e-mail: customerservice@canadianinstitute. com, website: www. canadianinstitute.com/ energy_resources/EasternShaleGas.htm. 29-30. Offshore Asia Conference & Exhibition, Singapore, (918) 831-9160, (918) 831-9161 (fax), e-mail: registration@pennwell. com, website: www. offshoreasiaevent.com. 29-31. IRO On & Offshore Exhibition, Gorinchem, +31 523 289866, e-mail:
[email protected], website: www.evenementenhal. nl/gorinchem/beurzen. 29-31. SEG Shale Gas Forum, Chengdu, Sichuan, (918) 497-5500, (918) 497-5557 (fax), website: www.seg.org. 30-31.
2010 Event Underwriter
APRIL 2011
SPE/IADC Managed Pressure Drilling & Underbalanced Operations Middle East Downstream ShaleCon Conference, Conference, Denver, Week Annual Meeting, Montreal, Q.C., (800) (800) 456-9393, (972) Abu Dhabi, +44 1242 882-8684, e-mail: info@ 952-9435 (fax), e-mail: 529 090, +44 1242 iapc.com, website: www.
[email protected], website: 529 060 (fax), e-mail: shalecon.com/Event.
[email protected]. 5-6. aspx?id=388398. 4-7. Woodford Shale Summit, change.co.uk, website: Norman, Okla., (405) www.wraconferences. OilTech Atyrau Regional 525-3556, ext. 117, Hannover Messe Intercom/2/4/articles/105. Petroleum Technology (405) 525-3592 (fax), national Trade Show, php. 3-6. Conference, Atyrau, +44 e-mail: amy.childers@ Hannover, +49 511 89 0, (0) 20 7596 5000, +44 iogcc.state.ok.us, webGPA Annual Convention, +49 511 89 32626 (fax), (0) 20 7596 5111 (fax), site: www.woodfordsum- San Antonio, (918) 493- website: www.hannovere-mail:
[email protected]. 29-30. messe.de/homepage_e. 3872, (918) 493-3875 exhibition.com, website: 4-8. (fax), e-mail: pmirkin@ www.oiltech-atyrau.com/ GIOGIE Georgian gpaglobal.org, website: home.html. 5-6. International Oil & Gas SPE/ICoTA CoiledTubwww.GPAglobal.org. 3-6. Energy and Infrastructure ing & Well Intervention Conference, Tbilisi, +44 Hannover Messe Pipeline Conference & Exhibition, Atyrau North Caspian 207 596 5135, +44 207 Technology ConferThe Woodlands, Texas, Regional Oil, Gas and 596 5106 (fax), e-mail: (800) 456-9393, (972) Infrastructure Exhibience, Hannover, +49 ilyas.idigov@ite-exhibi511 90992 22, +49 511 952-9435 (fax), e-mail: tion, Atyrau, +44 (0) 20 tions.com, website: www. 90992 69 (fax), e-mail:
[email protected], website: 7596 5000, +44 (0) 20 giogie.com/2011/. 29-30.
[email protected], www.spe.org. 5-6. 7596 5111 (fax), e-mail: SPE European Well Abandonment Seminar, Aberdeen, +44 1224 495051, e-mail: jane. rodger@hulse-rodger. com, website: www.speuk.org. 29.
Put Barnes BLUE to work for you. Time is money. And managing your own small parts inventory is costing you both. Most companies spend 50% of their time managing less than 10% of their spend. At Barnes Distribution, we’ll help you drive out cost and drive in productivity. As a leading full-service distributor of maintenance, repair and operating supplies, we’ll deliver a total solution that extends far beyond nuts and bolts. By bringing you more than 1,000 sales and service employees, over 55,000 parts and supplies and a custom designed managed inventory services program, we’ll help your operation run fast, smooth and efficient. So if you’re looking for a partner to provide a total inventory management solution, call on Barnes’ Blue, we’ll come to work for you. Call us today at 866-GET-MROP or visit us on the web at www.barnesdistribution.com.
Cleveland, Ohio
Oil & Gas Journal | Mar. 7, 2011
FLOW EQUIPMENT Reliability .
2011-2012 EVENT CALENDAR enquiry@ite-exhibition. com, website: www. atyrauoilgas.com2011/. 5-7.
APPEA. Conference and Exhibition, Perth, +61 (7) 3802 2208, +61 (7) 3802 2209, website: www.appeaconferences. AAPG Annual Convention com.au. 10-13. & Exhibition, Houston, GITA’s Geospatial (918) 560-2679, (918) 560-2684 (fax), website: Infrastructure Solutions Conference, Grapevine, www.aapg.org. 10-13.
Texas, (303) 337-0513, (303) 337-1001 (fax) website: www.gita.org/ events/futconf.asp. 10-14. SAGEEP Information Exchange for New-Surface Geophysics Forum, Charleston, (918) 497-
[email protected], website: ISA Calgary, Calgary, Alta., (403) 209-3555. www.gtui.org. 10-15. (403) 245-8649 (fax), The Project Forum, Mos- website: www.isacalgary. com. 13-14. cow, +44 (0) 20 7357 Gas Turbine Users International Annual Con- 8394, +44 (0) 20 7357 Middle East Petroleum & 8395 (fax), e-mail: enference (GTUI), Dubai, +971 4 8047883, +971
[email protected], Gas Conference (MPGC), 4 8873584 (fax), e-mail: website: www.europetro. Bahrain, 0065 6338 0064, 0065 6338 4090 com. 11-12. (fax), website: www. gulfoilandgas.com. 17-19. Process Safety Man5500, (918) 497-5557 (fax), website: www.seg. org. 10-14.
agement of Chem/ Petrochem & Refineries Conference, Houston, (312) 540-300, ext. 6625, e-mail: Michelew@marcusevansch. com, website: www. marcusevansch.com/ OGJPSM. 11-13.
DUG Developing Unconventional Gas Conference & Exhibition, Fort Worth, (713) 280-6479, (713) 583-1353 (fax), e-mail: acooper@hartenergy. com, website: www.dugconference.com. 18-20.
IPAA OGIS-New York, NewYorkCity, (202) 8574722, (202) 857-4799 (fax), website: www.ipaa. org. 11-13.
Alliance Expo & Annual Meeting, Wichita Falls, Texas, (940) 723-4131, (940) 723-4132 (fax), e-mail: texasalliance@ texasalliance.org, website: www.texasalliance. org/index.php. 26-27.
Pipe Line Contractors Association of Canada Annual Convention, Maui, (905) 847-9383, (905) 847-7824 (fax), email:
[email protected], website: www.pipeline. ca/convention.html. 11-15.
Energy conservation and optimization are key issues for process plant profitability and regulatory compliance. Proper evaluation and correction of energy losses can help bring significant cost savings and reduce greenhouse gas emissions. Our complete optimization program can help you: ■
Evaluate opportunities for energy savings
■
Develop AFE capital cost estimates
■
Provide ROI calculations for management review
■
Identify needed operation and procedure changes
■
Perform front-end studies
■
Integrate data for air emissions compliance
■
Implement advanced process control
Contact us today for information on how Mustang can help reduce the energy stranglehold on your facility.
Email:
[email protected] www.mustangeng.com
20
Oil & Gas Siberia, Novosibirsk, +7 383 2106290, +7 383 2209747 (fax), email:
[email protected], website: www.petroleum. sibfair.ru/eng/. 27-29.
GPA Mid-continent Annual Meeting, Okla. City, API Pipeline Conference, (918) 493-3872, (918) San Antonio, (202) 682 493-3875 (fax), website: 8000, (202) 682-8222 www.gpaglobal.org/chap(fax), website: www.api. ters/midcontinent. 28. org. 12-13. AADE National Technical Conference and Exhibition, Houston, (281) 366-8204, e-mail:
[email protected], website: www.aade.org. 12-14. Russia & CIS Bottom of the Barrel Technology Conference & Exhibition, Moscow, +44 (0) 20 7357 8394, +44 (0) 20 7357 8395 (fax), e-mail: enquiries@europetro. com, website: www.europetro.com. 13-14.
MAY 2011 OTC Offshore Technology Conference, Houston, (301) 694-5243, or (866) 229-2386, (972) 952-9435 (fax), e-mail:
[email protected], website: www.otcnet. org.2011. 2-5. GPA Permian Basin Annual Meeting, Odessa, (918) 493-3872, (918) 493-3875 (fax), website: www.gasprocessor.com/ calendar.html. 3.
Oil & Gas Journal | Mar. 7, 2011
=c`b`cabSRQS[S\bW\UVSORa³ \]eeWbVW\bSU`OZQ]\\SQbW]\a 7\Rcab`WOZ@cPPS`=WZB]]Za¸ 305 and 306 series cementing heads are now available with integral connections in a range of sizes and pressure ratings: 5000 psi through 9-5/8” 3000 psi through 13-3/8” 1500 psi is available through 20”
Circulating heads are also available for circulation and cementing with a single casing connection.
! #O\R! $aS`WSaQS[S\bW\U VSORaTSObc`S(
Choice of integral or standard manifold Continuous pin assemblies Tattle tale assembly Quick coupling Safety sling Extra pump connection
3dS`gbVW\UPcbbVSQS[S\b Industrial Rubber Oil Tools offers virtually everything you need for oilwell cementing, including plugs, casing centralizers, baskets, float equipment and stage cementing tools.
1]\dS\bW]\OZTOP`WQObSR
=7:B==:27D7A7=
