Modeling Crude Oil Production Outlook: A Case Study of the Oil and Gas Industry in Nigeria

2014 ◽  
Author(s):  
Chiamaka Kingsley-Akpara ◽  
Omowunmi O. Iledare
Keyword(s):  
Crude Oil ◽  
Oil And Gas ◽  
Oil Production ◽  
Oil And Gas Industry ◽  
Gas Industry ◽  
Crude Oil Production

scholarly journals Utah

2020 ◽  
Vol 6 (3) ◽  
Author(s):  
Mark Burghardt ◽  
Gage Hart Zobell
Keyword(s):  
Crude Oil ◽  
Oil And Gas ◽  
Oil Production ◽  
Oil And Gas Industry ◽  
Legal Framework ◽  
Gas Production ◽  
Mandatory Reporting ◽  
Gas Industry ◽  
Oil And Gas Production ◽  
Crude Oil Production

Oil and gas production continues to be an important sector of Utah’s economy. Following a 25% loss in production between 2014 and 2015, Utah’s production continues to slowly rebound. Crude oil production in 2019 appears to be slightly ahead of 2018 production. Monthly production averages slightly over three million barrels, placing Utah among the top ten states in crude oil production. Along with the continuing increase in production, the state’s legal framework governing oil and gas continues to develop. This Article examines recent changes in Utah statutes and regulations along with new case law developments involving the oil and gas industry. In particular, this Article discusses a recent federal bankruptcy decision involving midstream agreements, the revision to a Utah statute that now requires mandatory reporting of unclaimed mineral interests, and recent revisions to Utah’s oil and gas regulations.

scholarly journals MECHANISMS AND INSTRUMENTS FOR ENSURING ECONOMIC SECURITY OF OIL AND PETROCHEMICAL ENTERPRISES

2020 ◽  
Vol 8 (1) ◽  
pp. 126-130
Author(s):  
Camila Weisman
Keyword(s):  
Crude Oil ◽  
Oil And Gas ◽  
Raw Materials ◽  
Oil Production ◽  
Oil And Gas Industry ◽  
Economic Security ◽  
Gas Industry ◽  
Important Direction ◽  
The Russian Federation ◽  
Oil And Gas Sector

The oil and gas industry remains for Russia the most important source of income, a strategic industry. According to official figures of the Ministry of Finance of the Russian Federation, income from the oil and gas sector, according to the results of 2019, is 40% of the total budget of the country. A large volume of crude oil and gas is exported from the country. The tax burden on raw materials reaches up to 60% of the initial cost, which makes oil production at new fields extremely unprofitable. The most important direction for the country is the transition from a strategy for the sale of crude oil products to refined ones, which have an additional cost. The article discusses the features of domestic oil production, analyzes the reasons for overpriced in comparison with competitive raw materials from other oil producing leader countries. The strategy of ensuring the economic security of the industry is noted, the main tools are listed and the mechanisms for ensuring the economic security of petrochemical industry enterprises are presented.

scholarly journals Health Impact of Occupational Exposure to Noise – A Mixed Method Assessment

2020 ◽  
pp. 19-24
Author(s):  
Kennedy A. Osakwe
Keyword(s):  
Crude Oil ◽  
Gas Flow ◽  
Oil And Gas ◽  
Oil And Gas Industry ◽  
Health Impact ◽  
Sub Saharan Africa ◽  
Noise Levels ◽  
Gas Industry ◽  
Crude Oil Production ◽  
Sub Saharan

Introduction: Globally, activities in the oil and gas industry are accomplished with the aid of machinery with the potentials to generate high noise levels above 85 dB(A). A visit to a typical crude oil production facility in Sub-Saharan Africa(SSA) revealed noise-producing machinery such as generators, compressors, pumps, fluid, and gas flow, to mention but a few. This study assessed the health risks of exposure to noise in an offshore crude oil installation in Nigeria.

Value Co-Creation Practices in the Decommissioning of Offshore Platforms: A Case Study Approach

2021 ◽  
pp. 239496432110320
Author(s):  
Francesca Loia ◽  
Vincenzo Basile ◽  
Nancy Capobianco ◽  
Roberto Vona
Keyword(s):  
Oil And Gas ◽  
Oil And Gas Industry ◽  
Future Research ◽  
Offshore Platforms ◽  
Gas Industry ◽  
Study Approach ◽  
Collaborative Interactions ◽  
Exploratory Approach ◽  
Italian Context

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.

When Metals and Microbes Meet: Preventing Microbial Corrosion in Crude Oil Transmission Pipelines

2020 ◽  
Author(s):  
Lisa M. Gieg ◽  
Mohita Sharma ◽  
Trevor Place ◽  
Jennifer Sargent ◽  
Yin Shen
Keyword(s):  
Crude Oil ◽  
Oil And Gas ◽  
Combined Treatment ◽  
Oil And Gas Industry ◽  
Test Methods ◽  
Microbial Corrosion ◽  
Gas Industry ◽  
Chemical Treatments ◽  
Transmission Pipeline ◽  
Transmission Pipelines

Abstract Corrosion of carbon steel infrastructure in the oil and gas industry can occur via a variety of chemical, physical, and/or microbiological mechanisms. Although microbial corrosion is known to lead to infrastructure failure in many upstream and downstream operations, predicting when and how microorganisms attack metal surfaces remains a challenge. In crude oil transmission pipelines, a kind of aggressive corrosion known as under deposit corrosion (UDC) can occur, wherein mixtures of solids (sands, clays, inorganic minerals), water, oily hydrocarbons, and microorganisms form discreet, (bio)corrosive sludges on the metal surface. To prevent UDC, operators will use physical cleaning methods (e.g., pigging) combined with chemical treatments such as biocides, corrosion inhibitors, and/or biodispersants. As such, it necessary to evaluate the efficacy of these treatments in preventing UDC by monitoring the sludge characteristics and the microorganisms that are potentially involved in the corrosion process. The efficacies of a biocide, corrosion inhibitor, and biodispersant being used to prevent microbial corrosion in a crude oil transmission pipeline were evaluated. A combination of various microbiological analyses and corrosivity tests were performed using sludge samples collected during pigging operations. The results indicated that the combined treatment using inhibitor, biocide 1 and biodispersant was the most effective in preventing metal damage, and both growth-based and Next-Generation Sequencing approaches provided value towards understanding the effects of the chemical treatments. The efficacy of a different biocide (#2) could be discriminated using these test methods. The results of this study demonstrate the importance of considering and monitoring for microbial corrosion of crucial metal infrastructure in the oil and gas industry, and the value of combining multiple lines of evidence to evaluate the performance of different chemical treatment scenarios.

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