What is best practice greenhouse and energy reporting in the oil and gas industry?

2010 ◽  
Vol 50 (2) ◽  
pp. 695
Author(s):  
Liza Maimone ◽  
Susie Smith ◽  
Rob Campbell-Watt

The upstream oil and gas industry is diverse and many of the assets are geographically dispersed in offshore and onshore locations. The first year of National Greenhouse and Energy Reporting (NGER) in the 2009 financial year (FY09) challenged the industry to come to terms with complex issues such as the reporting structure, defining facilities, determining appropriate reporting methodologies, determining incidental emissions, obtaining contractor emissions and considering uncertainty estimates. This paper will explore the range of industry responses during FY09 and will be accompanied by a case study from Santos Limited to illustrate the journey. In responding to NGER requirements in FY09, the oil and gas industry was required to absorb many new legislative compliance obligations. At a company level, difficult decisions had to be made about the allocation of resourcing for NGER preparation and response. Companies were also faced with financial implications of the reported data, because that data would underpin permit liability under the proposed Carbon Pollution Reduction Scheme (CPRS). Going forward, a key optimisation challenge for FY10 and beyond is the management and use of the NGER data. This paper will cover the processes and systems used to collect and report data and how the use of that data for organisational decision making will all be an important optimisation consideration in a CPRS environment. The paper will also explore other NGER reporting issues for the oil and gas industry, such as: arrangements with stakeholders, such as joint venture parties, partners and contractors; selection of measurement methods, including complexities with venting, flaring and other fugitive emissions; availability of appropriate measurement equipment; issues with reporting of own-use emissions and intermediate energy use and production; and, measurement of exploration activities. These issues are likely to present an optimisation challenge to many in the industry during FY10 and beyond. The paper will then conclude with a case study by Santos Limited.

2021 ◽  
pp. 239496432110320
Author(s):  
Francesca Loia ◽  
Vincenzo Basile ◽  
Nancy Capobianco ◽  
Roberto Vona

Over the years, value co-creation practices have become increasingly more important by supporting collaborative interactions and the achievement of sustainable and mutual competitive advantage between the ecosystem’ actors. In this direction, the oil and gas industry is proposing a sustainable re-use of offshore platforms based on value co-creation and resources exchange between the actors involved. According to this consideration, this work aims at re-reading the decommissioning of offshore platforms in the light of value co-creation practices, trying to capture the factors that governments and companies can leverage to pursue a sustainable development of local communities. To reach this goal, this work follows an exploratory approach by using, in particular, the case study. Specifically, one of the most notably projects in the Italian context have been chosen, the Paguro platform, in order to provide empirical insights into the nature of these value co-creation processes. Five value co-creation practices have been identified which highlight the importance of synergistic efforts of institutions, companies and technology-based platforms for improving the ability to co-create and capture value in the process of decommissioning. This exploratory work establishes a foundation for future research, and offers theoretical and managerial guidance in this increasingly important area.


2021 ◽  
Author(s):  
Jamie Dorey ◽  
Georgy Rassadkin ◽  
Douglas Ridgway

Abstract The field experience in the continental US suggests that approximately 33% of plug and abandonment operations are non-routine, and 5% require re-entry (Greer C.R., 2018). In some scenarios, the most cost-efficient option for the intervention is drilling an intercept well to re-enter the target well or multiple wells externally using advanced survey management and magnetic ranging techniques. This paper presents the methods applied of relief well methodologies from the planning to execution of a complex multiple-well abandonment project. Improvements in Active Magnetic Ranging sensor design and applications have improved the availability of highly precise tools for the purpose of locating and intercepting wellbores where access is not possible. These instruments were commonplace on relief well interventions, however, have found a new application in solving one of the major issues facing the oil and gas industry. Subsurface abandonments are a complex task that requires a robust methodology. In this paper, we describe the techniques that have been built upon the best practices from industry experience (ISCWSA WISC eBook). This paper also illustrates how the combination of advanced survey management, gyro surveying, and magnetic ranging can be used following the best industry practices for fast and cost-efficient non-routine plug and abandonment. Case studies of several abandonment projects are presented showing the various technical challenges which are common on idle and legacy wells. The projects include wells that are currently under the ownership of an operator and orphaned wells that have been insufficiently abandoned and left idle over many decades. The case studies outline how the application of relief well methodologies to the execution of complex sub surface interventions led to the successful outcomes of meeting environmental and government regulations for wellbore abandonment. This includes performing multiple zonal isolations between reservoirs, water zones and preventing oil and gas seepage to the surface. The projects and their outcomes prove economically viable strategies for tackling the growing issue of idle and orphaned wells globally in a fiscally responsible manner. Combining industry best practice methods for relief well drilling, along with the technological advancements in magnetic ranging systems is a solution for one of the largest dilemmas facing the oil and gas industry in relation to idle and orphaned wellbores. These applications allow previously considered impossible abandonments to be completed with a high probability of long-term success in permanent abandonment.


2016 ◽  
Vol 17 (1) ◽  
pp. 65-70 ◽  
Author(s):  
Steven Pattinson

This case study focuses on strategic thinking and opportunistic approaches to business growth and diversification. It begins by examining the recent purchase of ‘Quickcover’, a remote-controlled sports pitch covering system, by engineering company Strategic Engineering Services and the company's current dilemma – whether to continue to develop this type of product, or sell it and concentrate on its existing engineering services business. In recent years, Strategic Engineering Services has moved away from traditional heavy engineering and diversified into related areas such as engineering services, oil and gas industry recruitment, plant and equipment hire, instrument calibration and project management. The case considers the relationship between strategic thinking and entrepreneurial approaches to opportunity recognition, exploring the concept of intelligent opportunism as an approach that enables entrepreneurs to develop emergent strategies and take advantage of new opportunities. It explores these concepts in the context of the current dilemma of Strategic Engineering Services.


Sign in / Sign up

Export Citation Format

Share Document