Oilfield Acronym
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Petroleum Extension-The University of Texas at Austin ROTARY DRILLING SERIES
Petroleum Extension-The University of Texas at Austin ROTARY DRILLING SERIES Unit I: The Rig and Its Maintenance Lesson 1: The Rotary Rig and Its Components Lesson 2: The Bit Lesson 3: Drill String and Drill Collars Lesson 4: Rotary, Kelly, Swivel, Tongs, and Top Drive Lesson 5: The Blocks and Drilling Line Lesson 6: The Drawworks and the Compound Lesson 7: Drilling Fluids, Mud Pumps, and Conditioning Equipment Lesson 8: Diesel Engines and Electric Power Lesson 9: The Auxiliaries Lesson 10: Safety on the Rig Unit II: Normal Drilling Operations Lesson 1: Making Hole Lesson 2: Drilling Fluids Lesson 3: Drilling a Straight Hole Lesson 4: Casing and Cementing Lesson 5: Testing and Completing Unit III: Nonroutine Operations Lesson 1: Controlled Directional Drilling Lesson 2: Open-Hole Fishing Lesson 3: Blowout Prevention Unit IV: Man Management and Rig Management Unit V: Offshore Technology Lesson 1: Wind, Waves, and Weather Lesson 2: Spread Mooring Systems Lesson 3: Buoyancy, Stability, and Trim Lesson 4: Jacking Systems and Rig Moving Procedures Lesson 5: Diving and Equipment Lesson 6: Vessel Inspection and Maintenance Lesson 7: Helicopter Safety Lesson 8: Orientation for Offshore Crane Operations Lesson 9: Life Offshore Lesson 10: Marine Riser Systems and Subsea Blowout Preventers Petroleum Extension-The University of Texas at Austin Library of Congress Cataloging-in-Publication Data Vieira, João Luiz, 1958– Controlled directional drilling / by João Luiz Vieira. — 4th ed. p. cm. — (Rotary drilling series ; unit 3, lesson 1) Rev. ed. of: Controlled directional drilling. 1984 Includes index. ISBN-10 0-88698-254-5 (alk. paper) ISBN-13 978-0-88698-254-6 (alk. -
Towards Integrated Oil and Gas Databases in Iraq
Towards Integrated Oil and Gas Databases in Iraq Dr. Zaid Haba Senior Information Technology Consultant December 2012 Introduction The oil and gas industry has to deal with huge amount of data throughout the lifecycle of the exploration, drilling, logging, production, refining, transportation, distribution and marketing of crude oil and gas, and has a voracious appetite for data. Exploration and Production (E&P) departments acquire Tera (1012) Bytes of seismic data which is processed to produce new projects, creating exponential growth of information. Furthermore, this data is increasingly acquired in 3 or 4 dimensions, creating some of the most challenging archiving and backup data management scenarios of any industry. The international oil industry has traditionally been at the forefront in the utilization of state-of-the art information technology tools for all aspects of its processes and operations, to manage the manipulation, storage and access of this data. This data covers: • Surveys data • Geological maps • Seismic data • Drilling and completion data • Wells data including logs • Reservoirs data • Production information • Infrastructure information • Crude oil analysis data • Leases This paper focuses on the vital importance of establishing and maintaining integrated oil databases for the oil industry in Iraq covering upstream activities. Much of the oil and gas data presently exist in various formats such as paper, maps, computer tapes, photographs, and computer disk files. These data are seriously under threat due to the age of some documents, maps, photographs and even electronic records, and the fact that much of the data are scattered in various locations so they are difficult to access centrally and by different technical roles in the E&P organizations. -
Zbwleibniz-Informationszentrum
A Service of Leibniz-Informationszentrum econstor Wirtschaft Leibniz Information Centre Make Your Publications Visible. zbw for Economics Ahmadi, Maryam; Manera, Matteo Working Paper Oil Price Shocks and Economic Growth in Oil- Exporting Countries Working Paper, No. 013.2021 Provided in Cooperation with: Fondazione Eni Enrico Mattei (FEEM) Suggested Citation: Ahmadi, Maryam; Manera, Matteo (2021) : Oil Price Shocks and Economic Growth in Oil-Exporting Countries, Working Paper, No. 013.2021, Fondazione Eni Enrico Mattei (FEEM), Milano This Version is available at: http://hdl.handle.net/10419/237738 Standard-Nutzungsbedingungen: Terms of use: Die Dokumente auf EconStor dürfen zu eigenen wissenschaftlichen Documents in EconStor may be saved and copied for your Zwecken und zum Privatgebrauch gespeichert und kopiert werden. personal and scholarly purposes. Sie dürfen die Dokumente nicht für öffentliche oder kommerzielle You are not to copy documents for public or commercial Zwecke vervielfältigen, öffentlich ausstellen, öffentlich zugänglich purposes, to exhibit the documents publicly, to make them machen, vertreiben oder anderweitig nutzen. publicly available on the internet, or to distribute or otherwise use the documents in public. Sofern die Verfasser die Dokumente unter Open-Content-Lizenzen (insbesondere CC-Lizenzen) zur Verfügung gestellt haben sollten, If the documents have been made available under an Open gelten abweichend von diesen Nutzungsbedingungen die in der dort Content Licence (especially Creative Commons Licences), you genannten -
Press Release
Press Release First quarter 2021 results With results of more than $3 billion, Total fully benefits from rebound in hydrocarbon prices LNG and renewables represent one-third of results Change Change 1Q21 1Q20 1Q19 vs 1Q20 vs 1Q19 Oil price - Brent ($/b) 61.1 50.1 +22% 63.1 -3% Average price of LNG ($/Mbtu) 6.1 6.3 -4% 7.2 -16% Variable cost margin - Refining Europe, VCM ($/t) 5.3 26.3 -80% 33.0 -84% Adjusted net income (Group share)1 - in billions of dollars (B$) 3.0 1.8 69% 2.8 +9% - in dollars per share 1.10 0.66 +68% 1.02 +8% DACF1 (B$) 5.8 4.3 +34% 6.3 -8% Cash Flow from operations (B$) 5.6 1.3 x4.3 3.6 +54% Net income (Group share) of 3.3 B$ in 1Q21 Net-debt-to-capital ratio of 19.5% at March 31, 2021 vs. 21.7% at December 31, 20202 Hydrocarbon production of 2,863 kboe/d in 1Q21, a decrease of 7% compared to 1Q20 First 2021 interim dividend set at 0.66 €/share 2 Paris, April 29, 2021 - The Board of Directors of Total SE, meeting on April 28, 2021, under the chairmanship of Chairman and Chief Executive Officer Patrick Pouyanné, approved the Group's first quarter 2021 accounts. On this occasion, Patrick Pouyanné said: « In the first quarter, the Group fully benefited from rising oil and gas prices, up 38% and 24%, respectively quarter-to- quarter, and its strategy to grow LNG and Renewables and Electricity. -
A Three-Way Analysis of the Relationship Between the USD Value and the Prices of Oil and Gold: a Wavelet Analysis
AIMS Energy, 6(3): 487–504. DOI: 10.3934/energy.2018.3.487 Received: 18 April 2018 Accepted: 30 May 2018 Published: 08 June 2018 http://www.aimspress.com/journal/energy Research article A three-way analysis of the relationship between the USD value and the prices of oil and gold: A wavelet analysis Basheer H. M. Altarturi1, Ahmad Alrazni Alshammari1, Buerhan Saiti2,*, and Turan Erol2 1 Institute of Islamic Banking and Finance, International Islamic University Malaysia, Kuala Lumpur, Malaysia 2 Istanbul Sabahattin Zaim University, Istanbul, Turkey * Correspondence: Email: [email protected]. Abstract: This study examines the relationships among oil prices, gold prices, and the USD real exchange rate. It adopts the wavelet approach as a nonlinear causality technique to decompose the data into various scales over time. Higher-order coherence and partial coherence were used to identify the lead-lag effect and mutual coherence function among the variables. The results show that changes in the USD exchange rate influence the prices of oil and gold negatively in the short- and medium-term. While in the long-term, the oil price has a negative impact on the value of the USD. Oil and gold are significantly linked and correlated because their prices are determined in USD. The findings of this paper have significant implications, particularly for risk management. Keywords: wavelet; partial wavelet coherence; U.S. dollar value; oil prices; gold prices 1. Introduction Examining the nexus between oil and gold is an established practice among researchers in the field of economics due to the importance of these variables. Oil is considered the primary driver of the economy. -
Geophysics 210 September 2008
Geophysics 210 September 2008 Geophysics 210 - Physics of the Earth A1: What is geophysics Geophysics: Application of physics to understand the structure and working of the Earth. Geophysics can be divided into exploration geophysics and geodynamics. Exploration geophysics is the process of imaging what is inside the Earth. Direct sampling in the Earth with drilling can only reach depths around 10 km so indirect methods are needed. Often used to describe commercial exploration, but includes investigations to depths of the mantle and core. All geophysical methods can be divided into active and passive techniques. In an active technique, it is necessary to generate a signal (e.g. in seismic studies sound waves are generated with an explosion or an earthquake). In a passive technique a naturally occurring signal is detected (e.g. the pull of gravity of a buried object). Geodynamics is the study of how the Earth works, and considers questions such as: -what drives plate motion? -what triggers earthquakes? -how is the Earth’s magnetic field generated? -how do continent-continent collisions build mountains? This field depends heavily on information derived from geophysical imaging. Advances in computer power now allow simulations of these processes in ever increasing detail and realism. A2 : Basic structure of the Earth • Radially symmetric to first order. • Crust – mainly silicate minerals, enriched in lighter elements (Na, Al) • Mantle – silicate minerals with more heavy elements (Fe and Mg) magnesium. Divided into upper and lower mantle (dashed line) • Outer core - liquid iron that convects rapidly. • Inner core – Lump of solid iron roughly the size of the moon • Crust and mantle are defined in terms of their distinct chemical compositions. -
In-Process Characterization Plan for the Building 886 Closure Project
In-Process Characterization Plan KAISER. HILL COMPANY For the Building 886 .. Closure Project -. .. I RF'/RRIRS-99-349 Revision 0 .. RFlRM RS.99-349 Rocky Mountain RMRS Remediation Services, L.L.C. protecting the envimnrnent IN-PROCESS CHARACTERIZATION PLAN FOR THE BUILDING 886 CLOSURE PROJECT Rocky Mountain Remediation Services, L.L.C. October 1999 Revision 0 IN-PROCESS CHARACTERIZATION PLAN FOR THE BUILDING 886 CLOSURE PROJECT RFIRMRS-99-349 REVISION 0 October 1999 This in-Process Characterization Plan has been reviewed and approved by: - Date 4Y/& Date K6n Gillespie, HealtMnd Safety ’ Date r, RMRS Characterization Date IN-PROCESS CHA~4CTE2IZATION?LAN RFiRklRS-39-35 'W .I FOR THE a86 CLUSTER TOC. Page iii oi vi CLOSURE PROJECT Effective Date: lOiOliO9 IN-PROCESS CHARACTERIZATION PLAN FOR THE BUILDING 886 CLOSURE PROJECT TABLE OF CONTENTS 1 .o INTRODUCTION ....................................... ...................... ................. 1.1 Purpose ........................................................... 1.2Scope ........................................... .................................. 1 2.0 CLUSTER DESCRIPTION .................................. .......................... 2 2.1 Summary of Existing Data ............................. ........................ 2 2.1.1 Radiological................................ .......................... 2 2.1.2Non-Radiological ......................... .......................... 3 2.2 Known or Suspected Data Gaps ......... 2.2.1 Radiological............................... ......................... -
Microstructural Characterization of a Canadian Oil Sand
Microstructural characterization of a Canadian oil sand Doan1,3 D.H., Delage2 P., Nauroy1 J.F., Tang1 A.M., Youssef2 S. Doan D.H., Delage P., Nauroy J.F., Tang A.M., and Youssef S. 2012. Microstructural characterization of a Canadian oil sand. Canadian Geotechnical Journal, 49 (10), 1212-1220, doi:10.1139/T2012-072. 1 IFP Energies nouvelles, 1-4 Av. du Bois Préau, F 92852 Rueil-Malmaison Cedex, France [email protected] 2 Ecole des Ponts ParisTech, Navier/ CERMES 6 et 8, av. Blaise Pascal, F 77455 Marne La Vallée cedex 2, France [email protected] 3 now in Fugro France [email protected] Abstract: The microstructure of oil sand samples extracted at a depth of 75 m from the estuarine Middle McMurray formation (Alberta, Canada) has been investigated by using high resolution 3D X-Ray microtomography (µCT) and Cryo Scanning Electron Microscopy (CryoSEM). µCT images evidenced some dense areas composed of highly angular grains surrounded by fluids that are separated by larger pores full of gas. 3D Image analysis provided in dense areas porosity values compatible with in-situ log data and macroscopic laboratory determinations, showing that they are representative of intact states. µCT hence provided some information on the morphology of the cracks and disturbance created by gas expansion. The CryoSEM technique, in which the sample is freeze fractured within the SEM chamber prior to observation, provided pictures in which the (frozen) bitumen clearly appears between the sand grains. No evidence of the existence of a thin connate water layer between grains and the bitumen, frequently mentioned in the literature, has been obtained. -
Ten Years of Marine CSEM for Hydrocarbon Exploration
GEOPHYSICS, VOL.75, NO. 5 ͑SEPTEMBER-OCTOBER 2010͒; P.75A67–75A81, 15 FIGS. 10.1190/1.3483451 Ten years of marine CSEM for hydrocarbon exploration Steven Constable1 years of the first survey three contracting companies had been ABSTRACT formed for the express purpose of providing commercial marine CSEM services to the exploration industry. Now, almost 10 years af- Marine controlled-source electromagnetic ͑CSEM͒ sur- ter the Girassol survey, marine CSEM is a broadly used, if not main- veying has been in commercial use for predrill reservoir ap- stream, geophysical technology, with over 500 surveys reportedly praisal and hydrocarbon exploration for 10 years.Although a having been carried out and several custom-built survey vessels in recent decrease has occurred in the number of surveys and operation. The 75th anniversary of GEOPHYSICS and the 10th anni- publications associated with this technique, the method has versary of commercial marine CSEM seem to constitute an appro- become firmly established as an important geophysical tool priate occasion to review the marine CSEM method: where we have in the offshore environment. This is a consequence of two im- been, where we are today, and where we might be going. portant aspects associated with the physics of the method: The aim of this paper is to provide a technical review, which is ac- First, it is sensitive to high electrical resistivity, which, al- cessible to the nonexpert, of the marine CSEM method. However, to though not an unambiguous indicator of hydrocarbons, is an illustrate some of the important issues, original calculations have important property of economically viable reservoirs. -
Ar2011 02 Briefing Papers for Web.Indd
ALASKA DIVISION OF GEOLOGICAL & GEOPHYSICAL SURVEYS FY12 Project Description DIGITAL GEOLOGIC DATABASE PROJECT In 2000, the Alaska Division of Geological & Geophysical Surveys (DGGS) saw an urgent need to develop a geologic database system to provide the architecture for consistent data input and organization. That database system now includes data identifica- tion and retrieval functions that guide and encourage users to access geologic data online. This project was initiated as part of the federally funded Minerals Data and Information Rescue in Alaska (MDIRA) program; ongoing data input, use, and maintenance of the database system are now an integral part of DGGS’s operations supported by State General Funds. DGGS’s digital geologic database (Geologic & Earth Resources Information Library of Alaska [GERILA]) has three primary objec- tives: (1) Maintain this spatially referenced geologic database system in a centralized data and information architecture with access to new DGGS geologic data; (2) create a functional, map-based, on-line system that allows the public to find and identify the type and geographic locations of geologic data available from DGGS and then retrieve and view or download the selected data along with national-standard metadata (http://www.dggs .alaska .gov/pubs/); and (3) integrate DGGS data with data from other, related geoscience agencies through the multi-agency web portal, http://akgeology.info. During the first 11 years, the project work group established a secure and stable enterprise database structure, started loading data into the database, and created multiple Web-based user interfaces. As a result, the public can access Alaska-related reports and maps published by DGGS, the U.S. -
Governing Petroleum Resources Prospects and Challenges for Tanzania
Governing Petroleum Resources Prospects and Challenges for Tanzania Edited by Odd-Helge Fjeldstad • Donald Mmari • Kendra Dupuy Governing Petroleum Resources: Prospects and Challenges for Tanzania Edited by Odd-Helge Fjeldstad, Donald Mmari and Kendra Dupuy Content Editors iv Acknowledgements v Contributors vi Forewords xi Abbreviations xiv Part I: Becoming a petro-state: An overview of the petroleum sector in Tanzania 1 Governing Petroleum Resources: 1. Petroleum resources, institutions and politics: An introduction to the book Prospects and Challenges for Tanzania Odd-Helge Fjeldstad, Donald Mmari and Kendra Dupuy 4 2. The evolution and current status of the petroleum sector in Tanzania Donald Mmari, James Andilile and Odd-Helge Fjeldstad 13 PART II: The legislative framework and fiscal management of the petroleum sector 23 3. The legislative landscape of the petroleum sector in Tanzania James Andilile, Odd-Helge Fjeldstad and Donald Mmari 26 4. An overview of the fiscal systems for the petroleum sector in Tanzania Donald Mmari, James Andilile, Odd-Helge Fjeldstad and Aslak Orre 35 5. Is the current fiscal regime suitable for the development of Tanzania’s offshore gas reserves? Copyright © Chr. Michelsen Institute 2019 James Andilile, Odd-Helge Fjeldstad, Donald Mmari and Aslak Orre 42 Copyright © Repoa 2019 6. Negotiating Tanzania’s gas future: What matters for investment and government revenues? Thomas Scurfield and David Manley 49 CMI 7. Uncertain potential: Managing Tanzania’s gas revenues P. O. Box 6033 Thomas Scurfield and David Mihalyi 59 N-5892 Bergen 8. Non-resource taxation in a resource-rich setting Norway Odd-Helge Fjeldstad, Cornel Jahari, Donald Mmari and Ingrid Hoem Sjursen 66 [email protected] 9. -
A Comparative History of Oil and Gas Markets and Prices: Is 2020 Just an Extreme Cyclical Event Or an Acceleration of the Energy Transition?
April 2020 A Comparative History of Oil and Gas Markets and Prices: is 2020 just an extreme cyclical event or an acceleration of the energy transition? Introduction Natural gas markets have gone through an unprecedented transformation. Demand growth for this relatively clean, plentiful, versatile and now relatively cheap fuel has been increasing faster than for other fossil fuels.1 Historically a `poor relation’ of oil, gas is now taking centre stage. New markets, pricing mechanisms and benchmarks are being developed, and it is only natural to be curious about the direction these developments are taking. The oil industry has had a particularly rich and well recorded history, making it potentially useful for comparison. However, oil and gas are very different fuels and compete in different markets. Their paths of evolution will very much depend on what happens in the markets for energy sources with which they compete. Their history is rich with dominant companies, government intervention and cycles of boom and bust. A common denominator of virtually all energy industries is a tendency towards natural monopoly because they have characteristics that make such monopolies common. 2 Energy projects tend to require multibillion – often tens of billions of - investments with long gestation periods, with assets that can only be used for very specific purposes and usually, for very long-time periods. Natural monopolies are generally resolved either by new entrants breaking their integrated market structures or by government regulation. Historically, both have occurred in oil and gas markets.3 As we shall show, new entrants into the oil market in the 1960s led to increased supply at lower prices, and higher royalties, resulting in the collapse of control by the major oil companies.