BLACKGOLDIGNITING THE FUTURE Gulf of Mexico’s MESSAGE FROM “Eye of fire”: Was it an THE EDITORIAL TEAM accident or mere negligence? "Write to be understood,speak to be heard,Read to Grow" Warm greetings to our readers, We proudly pres- ent to you the 1st edition of Black Gold-Igniting the future- the official magazine of SPEAUACT Student Chapter. It presents authoritative briefs and features on technology advancements in exploration and production, oil and gas industry issues, and The Indian oil and gas market news about SPE. BLACK GOLD Magazine is the homepage for budding Petroleum Engineers featuring a mixture of information, is expected to record a CAGR of including the latest news, views, project updates and trends, the over 2.64% during the forecast digital and answers the needs of the global oil and gas industry. Each edition includes informative feature articles, interviews with period, 2020 – 2025. industry leaders, energy scene highlights, guest articles, new technology, and columns from students. We provide a unique in- sight into key industry sectors covering local and international energy markets delivering the latest Oil and Gas news; analy- sis of issues and events; and important statistics on international markets and activity. We are thankful to Dr.S.Kalaiselvam(HOD,DAST) and Dr.J.Jayapriya(Faculty Advisor,SPEAUACT) for their endless support and constant motivation. We are also thankful to you as Can Moving to single-point sensors "A writer only begins a book, a reader finishes it." help sharpen the data than multiple sensors in land Acquisition? @spe_auact SPE AUACT SC SPE AUACT Student chapter @spe_auact /spe.auact CONTENTS TECH TALKS PETRO PICASSO (41 - 44) (45 - 46) ABOUT SPEAUACT PETROXPRESS (1 - 12) (13 - 22) WHAT’S THE PRICE? PETRO RIDDLES (47 - 54) (55 - 60) VOICE YOUR VIEWS WORLD OF DATA (23 - 26) (27 - 34) EXPLORER OF THE MONTH INDUSTRY AND THE ENVIRONMENT (61 - 62) (63 - 68) EDITORS-IN-CHIEF DESIGNER-IN-CHIEF CRUDE WORD PUZZLE INDUSTRY STALWART EDITORIAL AND (35 - 36) (37 - 40) CONTENT BOARD EDITORIAL AND DESIGN TEAM SOCIAL NETWORKS (69) (70) ABOUT SPEAUACT ABOUT SPEAUACT endeavour to provide pupils Engineering and furthermore AC Tech, Anna University SPE a typical stage to grandstand get acquainted with Health, their insight before famous in- Safety and Environmental Student Chapter dustry veterans and contend elements of Oil and Gas in- with peers. The learning proj- dustry. We are envisioned to About Us ects will enhance the techni- bridge the gap between Indus- AC Tech, Anna Univer- cal and professional compe- try and Academia for a gen- sity SPE Student Chapter tences of student members eral proficient development (#6098 - Chennai Section) is by collecting, disseminating, of both students' community one of the registered Student and exchanging technical and the industry. We buckle Chapters of Society of Petro- knowledge concerning the down towards reaching the leum Engineers (SPE) Inter- exploration, development sky, and our tenacious, ardent gas sector worldwide and the national which provides the and production of oil and gas and persistent undertakings department has always lent a operating framework for Soci- resources and related tech- will empower us accomplish supporting hand to the pupils ety activities at university lev- nologies for the public benefit the "OUTSTANDING STUDENT for their enrichment in techni- el. The student chapter is or- and thereby making student CHAPTER AWARD" sooner cal knowledge and exposure ganised under the Department members familiar with Reser- rather than later. We look for- to industrial experience. of Applied Science and Technol- voir, Drilling and Production ward to your support and par- ogy (DAST), Alagappa College of Mission and Vision Technology, Anna University. The AC Tech, Anna University department offers Full-Time SPE Student Chapter aspires Courses in B. Tech. Petroleum to open doors to each affiliate, Engineering and Technology for individual and profession- and M. Tech. Industrial Safe- al advancements through an ty and Hazard Management. amalgamation of events round The department is progress- the year including the Series ing exponentially with a vision of Distinguished Lectures by for developing efficient and the Stalwarts of Oil and Gas technically sound students to Sector, Workshops, Soft Skill outperform their contempo- Development Seminars and a raries in their career in oil and plethora of contests. We will 1 2 ABOUT SPEAUACT ABOUT SPEAUACT ticipation in the entirety of our endeavours. The objective of organizing Chapter Activities Achievements Petrovision this symposium is to provide Petrovision is a Nation- We are immensely a forum for interaction among al Level Technical Sympo- honoured for that the Petro- sium conducted by AC Tech, the researchers, technolo- leum Engineering course in Anna University SPE Student gists, academicians and stu- SPE AUACT Student Anna University is featured in Chapter, Department of Ap- dents to exchange their ideas Chapter is immensely grati- the top 51-100 bracket in the plied Science and Technolo- and identify the manpower fied to formulate "Petr-O-ra- global QS World University gy, Anna University and it will skills required for the indus- , a Series of Seminars Rankings 2021 and our Anna be held over a period of two tion" days annually. Petrovision try. The deliberations will which is aimed to bridge the University has secured Rank kindles the flame in young also provide opportunities for gap between academia and 388 in World's Top 400 Insti- minds through Workshops, establishing collaborations, industry and to provide each tutes besides all IITs in India. Technical Events and Distin- identifying avenues for trans- affiliate with the opportuni- Anna University is guished Lectures for the stu- ties for professional devel- the only state university that dents to embark on their jour- lating research progress to opment through the series has been ranked very high in ney towards industrial glory. It useful products and other ap- of Distinguished Lectures Petroleum Engineering this provides opportunities to the plication prospects. The fest by the Stalwarts of Oil and year. It shows that the talent is students to collaborate with serves as an arena to encour- Gas Sector. It also provides not only confined to IITs, but students of different regions age a sense of productivity. an interactive forum to iden- also comes from other state and communities of same tify the essential manpower universities as such. We did sector. skills required for the indus- well in indicators like research output including H-index cita- tions (72.7) and citations per paper (78.1), the scores in other indicators like academic reputation (53.9). 3 4 ABOUT SPEAUACT ABOUT SPEAUACT try. The seminars also occur through any of Online Plat- enormous participations We provide a unique insight forms in view of various circumstances. Several Pupils, Re- from various National and into key industry sectors cov- search scholars, Faculties from various Universities across International Universities. ering local and international the world attend it regularly and have got benefitted. energy markets delivering the Journal latest Oil and Gas news; anal- ysis of issues and events; and BLACK GOLD important statistics on inter- BLACK GOLD – Igniting national markets and activity. the Future, SPE AUACT Stu- dent Chapter’ flagship mag- Social Initiatives azine, presents authorita- tive briefs and features on technology advancements in exploration and produc- SPE AUACT Student tion, oil and gas industry is- Chapter is socially concerned opportunity to the pupils of oil sues, and news about SPE. by inculcating the goodness and gas sectors across the BLACK GOLD Magazine is the of benevolence in us under world to enhance the technical homepage for budding Pe- the scheme of "SPE Cares" exposure and for a good learn- troleum Engineers featur- by organising numerous ing experience. This brain- ing a mixture of information, Fundraising Events to pro- storming quiz session was including the latest news, vide some financial assis- previously hosted in collabo- tance as a timely help to sev- views, project updates and eral Voluntary Organisations, ration with My Swots and Tu- trends, the digital and an- Non-Governmental Organi- SPE AUACT Student tee HUT. The Quiz is bifurcat- swers the needs of the glob- sations, Children's Trust, Old Chapter is extremely ecstatic ed and conducted under two al oil and gas industry. Each Age Homes to cater the basic to present , an Domains such as "Petroleum" "Petr-O-Probe" edition includes informative needs of humanity to the peo- exhilarative International Lev- and "Petrochemical" domains, feature articles, interviews ple from different walks of life. el Online Quiz Competition enabling the participants to with industry leaders, ener- choose one of or both the Do- We put a smile on the faces periodically. The chapter pro- gy scene highlights, guest mains while registration. The by donating something that vides an enchanting articles, new technology, enthralling event perceived would facilitate them in this and columns from students. mean time. 5 6 ABOUT SPEAUACT ABOUT SPEAUACT Passion Pavers MURAL – A Wall Art Anna Govt. Higher Secondary School, Besant Nagar, Chen- Painting Event nai. The inauguration of the SPE AUACT Student Wall Art Painting Event Mural Chapter is socially concerned took place on March 29, 2021 to organise various benefi- SPE AUACT Student Chapter takes immense pleasure in that school with several to organise various motivational and career guidance pro- ciary activities to the soci- NGOs like Uravugal Trust, grammes under its initiative to the student ety and environment under Karpi Organisation, Karunai "Passion Pavers" community from schools/universities. In today’s competitive its scheme of SPE Cares. It Ullangal, Extended Family world, it has really become difficult to select the right kind of finds the great opportunity to and Thozhan and several oth- career which not only suits the student’s skill sets but also organise the Wall Art Painting er dignitaries as guests.