scholarly journals Low cost development strategy for oilfields in China under low oil prices

2021 ◽  
Vol 48 (4) ◽  
pp. 1007-1018
Author(s):  
Xinmin SONG ◽  
Debin QU ◽  
Cunyou ZOU
Keyword(s):  
Development Strategy ◽  
Low Cost ◽  
Oil Prices ◽  
Cost Development

The Experience & Enlightenment from Low-Cost Strategy of Shale Gas Development in America

2014 ◽  
Vol 986-987 ◽  
pp. 771-774
Author(s):  
Dong Xu ◽  
Ling Bi Wang ◽  
Hong Xiang Zhao ◽  
Su Hu
Keyword(s):  
Development Strategy ◽  
Shale Gas ◽  
Low Cost ◽  
Financial Policy ◽  
Positive Role ◽  
Well Drilling ◽  
Organization And Management ◽  
Reservoir Volume ◽  
Cost Development ◽  
Low Cost Strategy

The experience of shale gas low-cost development in America provided production organization and management methods including horizontal well drilling, cluster well drilling, pad drilling, batch drilling, factory drilling, and reservoir volume fracturing. The policy of finance and taxation has played a positive role in promoting and encouraging shale gas development. The development of shale gas in China is different from America in sides of resource features, development process, the technical levels and the policy environment. We should learn from the technical means, management method and encouraging fiscal and financial policy of low-cost development strategy of America, study and formulate policy suitable to China's own characteristics, to promote low-cost development of shale gas.

The Commercialization of University and Research Institutes’ Science-Based Innovations: The Four Successful Chinese Cases

2018 ◽  
Vol 03 (03) ◽  
pp. 1850013 ◽  
Author(s):  
Yacheng Yang ◽  
Hong Chen ◽  
Qingzhi Zhang ◽  
Jiasu Lei
Keyword(s):  
Development Strategy ◽  
Financial Incentives ◽  
High Performance ◽  
Low Cost ◽  
Global Market ◽  
Inspection System ◽  
Policy Enforcement ◽  
Innovative Strategy ◽  
Low Cost Strategy ◽  
Business Acumen

Science empowers as a nation’s toughest weapon in the future global competition and cooperation. A large number of countries listed in-house R&D for science-based innovations as their core development strategy in the next decade. This paper conducts multi-case analysis on four science-based innovations in China as a reference for how a new science-based venture superseded in global market and developed indigenous capability to generate much business value as well as scientific value. The four cases detailed are container inspection system, hot redundant JX-100 DCS, high-performance Dawning supercomputers and Chinese-character laser phototypesetting system. We concluded that the successful commercialization of a nationwide and grand scientific project requires the following: (1) visionary scientists’ solid authority, direct participation, business acumen and a strong sense of patriotism, without intermediaries, are the core for successful science-based innovation and commercialization during knowledge transformation; and (2) the powerful and direct support from the policymakers. Forms of support may vary from financial incentives, policy enforcement and endorsement. The consequences for the success of science-based innovations are the creation of highly-skilled manpower, new market as well as shifting away from low-cost strategy to innovative strategy.

WSRP, SOA and UDDI

2010 ◽  
Vol 2 (2) ◽  
pp. 38-50
Author(s):  
Tony Polgar
Keyword(s):  
Web Services ◽  
Service Oriented Architecture ◽  
Service Providers ◽  
Low Cost ◽  
Team Development ◽  
Shared Resources ◽  
Enterprise Integration ◽  
Business Partners ◽  
Cost Development ◽  
Service Oriented

Web Services for Remote Portlets (WSRP) provide solutions for implementation of lightweight Service Oriented Architecture (SOA). UDDI extension for WSRP enables the discovery and access to user facing web services provided by business partners while eliminating the need to design local user facing portlets. Most importantly, the remote portlets can be updated by web service providers from their own servers. Remote portlet consumers are not required to make any changes in their portals to accommodate updated remote portlets. This approach results in easier team development, upgrades, administration, low cost development and usage of shared resources. Furthermore, with the growing interest in SOA, WSRP should cooperate with service bus (ESB).In this paper, the author examines the technical underpinning of the UDDI extensions for WSRP (user facing remote web services) and their role in service sharing among business partners. The author also briefly outlines the architectural view of using WSRP in enterprise integration tasks and the role Enterprise Service Bus (ESB).

scholarly journals A coincidence detection system based on real-time software

2016 ◽  
Vol 5 (2) ◽  
pp. 437-449 ◽  
Author(s):  
Sindulfo Ayuso ◽  
Juan José Blanco ◽  
José Medina ◽  
Raúl Gómez-Herrero ◽  
Oscar García-Población ◽  
...  
Keyword(s):  
Real Time ◽  
Detection System ◽  
Low Cost ◽  
Cosmic Ray ◽  
Coincidence Detection ◽  
Pulse Delay ◽  
Development Platform ◽  
Electronic Circuitry ◽  
Coincidence System ◽  
Cost Development

Abstract. Conventional real-time coincidence systems use electronic circuitry to detect coincident pulses (hardware coincidence). In this work, a new concept of coincidence system based on real-time software (software coincidence) is presented. This system is based on the recurrent supervision of the analogue-to-digital converters status, which is described in detail. A prototype has been designed and built using a low-cost development platform. It has been applied to two different experimental sets for cosmic ray muon detection. Experimental muon measurements recorded simultaneously using conventional hardware coincidence and our software coincidence system have been compared, yielding identical results. These measurements have also been validated using simultaneous neutron monitor observations. This new software coincidence system provides remarkable advantages such as higher simplicity of interconnection and adjusting. Thus, our system replaces, at least, three Nuclear Instrument Modules (NIMs) required by conventional coincidence systems, reducing its cost by a factor of 40 and eliminating pulse delay adjustments.

The relative attractiveness of US LNG exports—is the threat to Australian projects real?

2015 ◽  
Vol 55 (2) ◽  
pp. 420
Author(s):  
Vivek Chandra
Keyword(s):  
Gulf Coast ◽  
Capital Expenditure ◽  
Low Cost ◽  
Market Price ◽  
Oil Prices ◽  
Unit Costs ◽  
Sales Contracts ◽  
The Us ◽  
Relative Attractiveness ◽  
High Feed

The competitiveness of Australian LNG projects against US projects has been a subject of much debate; however, as oil prices have fallen since mid-2014, the debate has shifted from the relative commercial terms of the LNG sales contracts to the relative cost of supply. Falling oil prices have decreased the price of LNG in the traditionally oil-linked price markets of Asia. A lower cost of LNG will increase the demand for gas, especially in the power generation sector. New gas supplies would be required to meet increased demand, but the new supply must be at a competitive cost. The market price will be set by the marginal cost of incremental supply. Legacy projects in Southeast Asia, the Middle East and Australia are unable to increase their volumes. The only other source of incremental supply that can profitably sell at these lower prices are new projects in the US Gulf Coast. Australian greenfield projects will not be able to sell at these prices as they suffer from high capital expenditure (capex), high feed gas prices and high operating costs. In contrast, US Gulf Coast LNG projects are being constructed at significantly lower unit costs, have access to massive low-cost shale gas volumes and will operate at low costs using standard technology. These projects are ideally placed to operate in the lower priced environment, irrespective of the LNG sales contracts’ commercial terms.

scholarly journals The PT6 Engine: 30 Years of Gas Turbine Technology Evolution

1993 ◽  
Author(s):  
M. Badger ◽  
A. Julien ◽  
A. D. LeBlanc ◽  
S. H. Moustapha ◽  
A. Prabhu ◽  
...  
Keyword(s):  
Gas Turbine ◽  
Low Cost ◽  
New Technology ◽  
Operating Cost ◽  
Weight Ratio ◽  
High Standard ◽  
Direct Operating Cost ◽  
Cost Development ◽  
Engine Reliability ◽  
Cycle Temperature

The PT6 engine entered service in the mid-1960’s. Since then, application of new technology, has enabled low cost development of engines approaching 1500 KW, the introduction of electronic controls, improved power-to-weight ratio, higher cycle temperature and reduced specific fuel consumption. At the same time, PT6 field experience in business, commuter, helicopter and trainer applications has resulted in engines with low Direct Operating Cost and a reputation for rugged design and a high standard of engine reliability. This paper will highlight some interesting examples of this technical evolution, including the development of electronic controls and the application of the latest 3D aerodynamic and stress analysis to both compressor and turbine components.

Sign in / Sign up

Export Citation Format

Share Document