Enhanced Method of Estimating Crude Oil Losses in a Unitized Pipeline Supply and Trunk Facilities

2021 ◽  
Author(s):  
Charles Enweugwu ◽  
Aghogho Monorien ◽  
Ikechukwu Mbeledogu ◽  
Adewale Dosunmu ◽  
Omowunmi Illedare
Keyword(s):  
Artificial Intelligence ◽  
Crude Oil ◽  
Measurement Errors ◽  
Oil And Gas ◽  
Equitable Distribution ◽  
Trunk Line ◽  
Wide Range ◽  
Marginal Field ◽  
Oil And Gas Companies ◽  
Two Alternatives

Abstract Most unitized Pipelines in Nigeria are Trunk lines which take crude oil from flow stations to the Terminals. Very few International Oil and Gas Companies own and operate trunk lines in Nigeria. As a result, marginal field owners, independent producers, and some JV partners share the trunk line for the sale of their crude. But because of the use of wide range of non-compliant meters by the injectors into the trunk lines a lot of line losses due to measurement errors are introduced. Another major feature is that trunk lines are exposed to leakages due to sabotage, aged pipeline and valve failures. The issue here is how does the owner of the trunk line back allocate these losses to their respective injectors. The Reverse Mass Balanced Methodology (RMBM) is currently in use having replaced Interim Methodology (IM) in 2017. In RMBM, the crude trunk line losses have been found to be unaccountable and it's proportionate rule for distribution of the losses to the producers are inequitable as the field owners expressed dissatisfaction with unfair deduction from trunk line operators. This study developed a procedure and an algorithm for estimation of crude contributions from each producer at the Terminal and equitable distribution of crude trunk line losses to the producers irrespective of the type of meters, meter factor and leakages and sporadic theft on the trunk lines. This study also identified two alternatives to the RMBM, the use of Artificial Intelligence (AI) and Flow based models. The results showed that flow-based model accounts for both individual and group losses, not accounted for in the RMBM, and allocates and corrects for leak volumes at the point of leak instead of at the terminal. This is a significant improvement from the RMBM.

scholarly journals Review of Oilfield Chemicals Used in Oil and Gas Industry

2021 ◽  
pp. 8-24
Author(s):  
M. Chukunedum Onojake ◽  
T. Angela Waka
Keyword(s):  
Natural Gas ◽  
Crude Oil ◽  
Oil Recovery ◽  
Oil And Gas ◽  
Drilling Fluid ◽  
Petroleum Industry ◽  
Oil And Gas Industry ◽  
Oil Field ◽  
Wide Range ◽  
Oilfield Chemicals

The petroleum industry includes the global processes of exploration, extraction, refining, transportation and marketing of natural gas, crude oil and refined petroleum products. The oil industry demands more sophisticated methods for the exploitation of petroleum. As a result, the use of oil field chemicals is becoming increasingly important and has received much attention in recent years due to the vast role they play in the recovery of hydrocarbons which has enormous  commercial benefits. The three main sectors of the petroleum industry are Upstream, Midstream and Downstream. The Upstream deals with exploration and the subsequent production (drilling of exploration wells to recover oil and gas). In the Midstream sector, petroleum produced is transported through pipelines as natural gas, crude oil, and natural gas liquids. Downstream sector is basically involved in the processing of the raw materials obtained from the Upstream sector. The operations comprises of refining of crude oil, processing and purifying of natural gas. Oil field chemicals offers exceptional applications in these sectors with wide range of applications in operations such as improved oil recovery, drilling optimization, corrosion protection, mud loss prevention, drilling fluid stabilization in high pressure and high temperature environment, and many others. Application of a wide range of oilfield chemicals is therefore essential to rectify issues and concerns which may arise from oil and gas operational activities. This review intends to highlight some of the oil field chemicals and  their positive applications in the oil and gas Industries.

scholarly journals HUMAN RESOURCE SUPPLY IN OIL AND GAS COMPANIES AS AN OBJECT OF DESIGNING AND PROGRAMMING

2020 ◽  
Vol 41 (4) ◽  
pp. 135-144
Author(s):  
O.V. Budzinskaya ◽  
◽  
V.G. Martynov ◽  
V.S. Sheinbaum ◽  
◽  
...  
Keyword(s):  
Economic Policy ◽  
Labor Market ◽  
Human Resource ◽  
Oil And Gas ◽  
Methodological Approach ◽  
Supply System ◽  
The State ◽  
Academic Science ◽  
Wide Range ◽  
Oil And Gas Companies

Researchers traditionally study human resource supply in various sectors of the economy mainly as a problem of vocational education in the aspect of its compliance with the changing requirements in the socio-economic policy of the state, that changes with scientific and technological progress and the adjustment of priorities in the socio-economic policy of the state, with the requirements of employers – the subjects of economic activity in these sectors.The authors attempted to consider the human resource supply system as a special design object – a mega-system where various activities of a wide range are inextricably linked subjects. They are not only suppliers (educational institutions) and consumers (employers), but also “designers” of institutions (legislators, regulators, and professional communities), labor market service structures, academic science, mass media. The authors aim to prepare a methodology for designing a self-regulating human resource supply system in oil and gas companies in the context of the formation of Industry 4.0. The authors used the following methods: analysis of scientific literature, analysis of Internet sources and materials provided by subjects of human resource supply activities, namely labor market monitoring, analytical reports of the Council for Professional Qualifications in the Oil and Gas Complex, reports on the sustainable development of companies, etc. The study result is the development of a theoretical and methodological approach to designing institutional relationships between the subjects of the oil and gas complex human resource supply system. The research materials may be of further use by federal and regional executive bodies that carry out the functions of developing and implementing state policy in the field of education and qualifications assessment.

scholarly journals Development of Optimum Portfolio for Investment in Oil & Gas Sector (Investor’s View)

2019 ◽  
Vol 15 (2) ◽  
pp. 110-130
Author(s):  
Sumeet Gupta ◽  
Sourav Basak
Keyword(s):  
Renewable Energy ◽  
Crude Oil ◽  
Oil And Gas ◽  
Solar Power ◽  
Stock Exchange ◽  
Risk And Return ◽  
Markowitz Model ◽  
The World ◽  
Oil And Gas Companies ◽  
Oil And Gas Sector

With establishment of International Solar Alliance in New Delhi and due to the push given to renewable energy by the current government India has opened new dimension for innovation, investment and industry. This government has made a significant effort to push India’s renewable energy ambition. Due to this push India is now the 4th largest wind power producer in the world only behind of China, USA & Germany. India has made record addition to the solar power capacity in last 5 years. Although the recently concluded Financial Year (FY19) has shown a dip in installation of solar power with only 6500MW installed in the year. With this trend in the country the researchers are focusing on the scenario of renewable energy in India. So, the papers which are recently made available in the public domain are concerned with the current scenario. The surge in renewable energy is a good sign for the nation as renewable is the future. Though the rising demand of the fastest growing economy of the world can’t be satisfied with this growth in renewable energy. In simply words, the growth of the renewable energy is not enough to sustain the growth of the Indian economy. This statement is supported by the growing dependence of India on imported crude oil. Dependence of imported crude oil has gone up to 83.7% in Financial Year 19 from 82% in FY18. Hence, it can be said that the oil and gas sector is not getting the required focus. Development of an optimum portfolio to minimize risk and maximize return is required before taking any investment decision. Portfolio optimization is required when you think of investing in oil and gas sector as its one of the most volatile sectors. This study is focused on developing an optimum portfolio for investment in oil and gas sector in India. Hence, 11 companies listed on Bombay Stock Exchange is selected for the study. Risk and return of all the 11 companies are calculated. The companies are ranked according to their risk. Weightage of investment is assigned to the top 5 companies (with lowest risk). The study has been conducted to construct an optimum portfolio of oil and gas companies using Markowitz Model. The study has been conducted on individual securities listed in Bombay Stock Exchange (BSE). The objectives of this study are: Risk and return analysis of individual securities of oil and gas companies in India listed with BSE. To identify the opportunities of investment in oil and gas companies and development of an optimum portfolio for investment in these companies. To construct optimal portfolio using Markowitz Model. To check whether Markowitz Model performs well in Oil and gas companies well in BSE or not.

Improving Offshore Platform Production With Artificial Intelligence

2021 ◽  
Author(s):  
Philippe Herve
Keyword(s):  
Artificial Intelligence ◽  
Carbon Emissions ◽  
Oil And Gas ◽  
New Technologies ◽  
Oil And Gas Industry ◽  
Gas Industry ◽  
Carbon Neutrality ◽  
Oil And Gas Companies ◽  
Oil And Gas Sector

Abstract The oil and gas sector is facing a changing market with new pressures to which it must learn to adapt. One of the biggest changes in expectations is the increased focus being placed on carbon emissions. Many consumers, investors, and lawmakers see reforms to the oil and gas industry as one of the most important avenues toward reducing carbon emissions and curbing climate change, and accordingly, a large number of companies have already made ambitious pledges towards carbon neutrality. New technologies may offer the best avenue for oil and gas companies to reduce their carbon emissions and meet those neutrality goals. Digital technologies—and in particular, artificial intelligence—can aid in decarbonization even with relatively small investments, primarily by enabling large increases in efficiency and reducing unscheduled downtime and the need for flaring. This paper discusses how artificial intelligence-powered predictive maintenance can be applied to reduce carbon emissions, and a case study illustrating a real-world deployment of this technology.

Firefighting Drones - A Safer & Efficient Technology to Confront Industrial Fires

2021 ◽  
Author(s):  
Mohamed Abdalla Almughani-Alnaqbi
Keyword(s):  
Artificial Intelligence ◽  
Oil And Gas ◽  
Fire Suppression ◽  
New Technology ◽  
Oil And Gas Industry ◽  
Fire Extinguisher ◽  
Efficient Technology ◽  
Oil Storage ◽  
Wide Range ◽  
Fire Location

Abstract Objectives/Scope This paper presents the variety of possibilities that this new technology can offer and how we can apply those technologies to optimize our HSE and take preventive measures that will be economically and humane solutions to crises. New technology, including Artificial Intelligence & Robots, does not necessarily mean it will replace human jobs and human judgment but will be used as tools to minimize hazards in critical situations and helps to solve the problems in a faster and efficient way. Methods, Procedures, Process The recommended technology to fight fire in hazardous zones can be described as a “firefighting drone.” This drone can be considered a faster and safer approach for fire suppression that can respond to any fire alarms and fly in narrow places inside the live plant, crude oil storage tanks, and navigate quickly to exact fire location without any fear of crashing it to anything and eliminates the risk of reaching high rise buildings where it is not secured and has low visibility. One such method is a firefighting drone that carries fire extinguisher balls, where it mainly consists of dry powders that contain melamine phosphate as an extinguishing component. This extinguishing ball works as a fire auto hydrant that is attached to the drone. This mechanism helps the drone carry the fire extinguisher balls to any place and throw the ball into the fire to suppress it. The main advantage of such fire extinguisher balls is its lightweight comparing to water, and it is environmentally safe and harmless to the human body if used in hazardous zones such as oil and gas plants. Results, Observations, and Conclusions Studies show that fire extinguisher balls have high extinguishing effectiveness and serve a wide range of applications. Results show that around 0.5 kg ball size has the ability to extinguish a 1-meter radius. This paper explains how easy its to build such a drone. However, due to the nature of this application using thermal resistance material is a must, and utilizing Artificial Intelligence will enhance the drone capabilities & will help to improve firefighting methodology. This type of drone is designed to be used in very high-temperature conditions and can be controlled safely from a ground station manually where you can see the fire location and assess the situation without the need to be there and wait for the fire team's presence. Novel/Additive Information With the use of the new lightweight fire extinguish ball, we can enhance the typical current firefighting method for small and medium-scale fire, where it puts out the fire faster & help us prevent it from growing to a more significant fire. The ultimate goal of this drone is to save the life of firefighters, plants, and equipment. Since the oil and gas industry is of high importance in the UAE, using proper and enhanced HSE measures will maintain our assets and avoid crises that will have a massive impact on business continuity.

scholarly journals Practical Application of Artificial Intelligence in Human Resource Management of Oil and Gas Companies

2019 ◽  
Vol 2019 (3) ◽  
pp. 354-360
Author(s):  
Anastasiya Sheveleva ◽  
Vladimir Shevelev
Keyword(s):  
Artificial Intelligence ◽  
Information And Communication Technologies ◽  
Management System ◽  
Oil And Gas ◽  
Positive Impact ◽  
Success Factor ◽  
Advantages And Disadvantages ◽  
Hr Management ◽  
Information And Communication ◽  
Oil And Gas Companies

The relevance of the study is determined by the need for digital transformation of oil and gas companies, which is a key success factor in the current economic and geopolitical situation. The desire of oil and gas companies to increase the economic and operational efficiency of their activities makes it appropriate to introduce digital solutions, in particular artificial intelligence technologies. In this regard, the research objective was to study issues related to the use of modern information and communication technologies, in particular, artificial intelligence technologies in the Human Resourse (HR) management of oil and gas companies. The authors used systematic approach, which allowed them to fully review and consolidate such diverse elements as artificial intelligence technologies, oil and gas companies, and HR management. The article reveals the concept of artificial intelligence, identifies its advantages and disadvantages, and shows the main directions of its application in HR management. It also focuses on the main solutions for the largest software development companies with elements of artificial intelligence and gives practical examples of their current use by various companies. The research proved that artificial intelligence technologies, despite their shortcomings, generally have a positive impact on the functioning of the HR management system of oil and gas companies and increase its effectiveness. The materials can help oil and gas companies to improve their HR management system.

scholarly journals The Main Principles of Adminisrative Licensing in Oil and Gas Sector of Norway

2015 ◽  
pp. 108-114
Author(s):  
N. N. Shvets ◽  
M. Yu. Belyakova
Keyword(s):  
Continental Shelf ◽  
Present Article ◽  
Oil And Gas ◽  
State Regulation ◽  
Wide Range ◽  
Different Types ◽  
Administrative Licensing ◽  
Oil And Gas Companies ◽  
Oil And Gas Sector ◽  
Norwegian Continental Shelf

The present article is dedicated to the analysis of administrative licensing procedure in Norwegian oil and gas sector. That is one of the most important mechanisms of state regulation in this area. The paper explores a wide range of reasons for choosing precisely this model of interaction between oil and gas companies and the state. The main aspects of the present administrative licensing system are highlighted in the article. Particular attention is paid to pre-qualification of oil and gas companies, participating in licensing rounds, especially to different criteria for choosing oil and gas companies that will operate on Norwegian Continental Shelf. Further conditions of their cooperation are provided. Moreover, the article refers to the role and the functions of state bodies in Norway that control and govern the licensing process - the Ministry of Petroleum and Energy and the Petroleum Directorate - and describes different types of licenses that exist in oil and gas sector of Norway. In conclusion the article shows numerous advantages of using the administrative licensing system in oil and gas sector, its impact on the economy of Norway and the possibility of its application in the oil and gas sector of Russia.

An integrated economic analysis of the oil and gas companies of Russia

2019 ◽  
Vol 18 (5) ◽  
pp. 925-943
Author(s):  
I.V. Filimonova ◽  
◽  
L.V. Eder ◽  
V.Yu. Nemov ◽  
M.V. Mishenin ◽  
...  
Keyword(s):  
Economic Analysis ◽  
Oil And Gas ◽  
Oil And Gas Companies
Sign in / Sign up

Export Citation Format

Share Document