Millennial Green Drilling: Deliver More with Less (Solution to the Drilling Operations)

2021 ◽  
Author(s):  
D. Kusumawardhani
Keyword(s):  
Oil And Gas ◽  
Rapid Change ◽  
Virus Transmission ◽  
Oil And Gas Industry ◽  
Stick Slip ◽  
Gas Industry ◽  
Digital Ecosystem ◽  
Drilling Operations ◽  
People Movement ◽  
The Impact

The impact of the COVID-19 pandemic spread across the oil and gas industry, which required a rapid change on the way we deliver drilling activity and avoid operational disruption. To assure continuous offshore Jackup drilling operations, an Operator in East Java area and Schlumberger decided to implement Performance Live digitally connected service. It reduces the risk of virus transmission as well as substitutes the requirement for logistic and related costs for personnel onboard. The multiskilled and multistage of one crew came in conjunction with a digital ecosystem to deliver safer and higher-performing operations with less personnel onboard, resulting in carbon footprint reduction. This initiative reduced the operator Operations wellsite crew size and enabled performing most analytical tasks from the office environment. Using this approach, the operation was successfully conducted with zero HSE or service quality incidents. In addition to the ability to proceed with the operations, rig crew size was reduced by 33% from standard configuration, which lowered carbon print by the same amount. Background and Challenges: The objective of the drilling campaign was to increase oil production in operator’s concession operating block from the carbonate reservoirs by drilling an exploration well in 2020. Known as one of the toughest areas in Indonesia for drilling conditions, this basin has a high possibility of total losses environment and massive thick limestone that posed high stick/slip and shock and vibration. Moreover, the COVID-19 pandemic crisis added unprecedented uncertainty and posed many challenges for the operator ensuring business continuity and drilling operations, especially with regards to health, safety, and operational considerations where operations would be conducted with tough logistics and people movement.

The Impact of Outsourcing on Marginal Field Project Delivery in Nigeria

2021 ◽  
Author(s):  
Humphrey Otombosoba Oruwari ◽  
Samuel Chinedum Okolo
Keyword(s):  
Oil And Gas ◽  
Rapid Change ◽  
Oil And Gas Industry ◽  
Oil Fields ◽  
Project Delivery ◽  
Gas Industry ◽  
Foreign Companies ◽  
Frame Work ◽  
Marginal Field ◽  
The Impact

Abstract The oil and gas industry in Nigeria is undergoing rapid change and explosive growth especially for marginal oil fields. Marginal oil fields operators are indigenous companies with limited profitability and some operators embrace outsourcing in their operations. Furthermore, outsourcing is process in which a company contract with another company to manage service that it does not want to provide by itself. The study examined the effect of outsourcing on marginal field operations. Using literature review and case study in India, Egypt and Malaysia by marginal field operators it is observed that outsourcing has positively contributed to delivery of marginal field project. Outsourcing is beneficial because it allows companies to reduce their fixed asset costs. Outsourcing in form of alliance between indigenous and foreign companies would enhance the credibility of the indigenous companies and stimulate capacity building in terms of knowledge and technology transfer. It is recommended that for effective outsourcing there should be a clear legal frame work.

Consideration of Geopolitical Challenges within the Analysis of Geoenvironmental Risks for Oil and Gas Development of the Russian Arctic

2019 ◽  
Vol 16 (6) ◽  
pp. 50-59
Author(s):  
O. P. Trubitsina ◽  
V. N. Bashkin
Keyword(s):  
Oil And Gas ◽  
Oil And Gas Industry ◽  
Optimal Operation ◽  
The Arctic ◽  
Stage Model ◽  
Oil And Gas Development ◽  
Gas Industry ◽  
The Impact ◽  
Further Development ◽  
Geopolitical Risks

The article is devoted to the consideration of geopolitical challenges for the analysis of geoenvironmental risks (GERs) in the hydrocarbon development of the Arctic territory. Geopolitical risks (GPRs), like GERs, can be transformed into opposite external environment factors of oil and gas industry facilities in the form of additional opportunities or threats, which the authors identify in detail for each type of risk. This is necessary for further development of methodological base of expert methods for GER management in the context of the implementational proposed two-stage model of the GER analysis taking to account GPR for the improvement of effectiveness making decisions to ensure optimal operation of the facility oil and gas industry and minimize the impact on the environment in the geopolitical conditions of the Arctic.The authors declare no conflict of interest

Study the effect of casting temperature on details from thermo-plastic materials

2020 ◽  
pp. 42-45
Author(s):  
J.A. Kerimov ◽  
Keyword(s):  
Oil And Gas ◽  
Oil And Gas Industry ◽  
Mold Temperature ◽  
Quality Parameters ◽  
Oil Field ◽  
Casting Temperature ◽  
Gas Industry ◽  
Field Equipment ◽  
Wide Range ◽  
The Impact

The implementation of plastic details in various constructions enables to reduce the prime cost and labor intensity of machine and device manufacturing, decrease the weight of design and improve their quality and reliability at the same time. The studies were carried out with the aim of labor productivity increase and substitution of colored and black metals with plastic masses. For this purpose, the details with certain characteristics were selected for further implementation of developed technological process in oil-gas industry. The paper investigates the impact of cylinder and compression mold temperature on the quality parameters (shrinkage and hardness) of plastic details in oil-field equipment. The accessible boundaries of quality indicators of the details operated in the equipment of exploration, drilling and exploitation of oil and gas industry are studied in a wide range of mode parameters. The mathematic dependences between quality parameters (shrinkage and hardness) of the details on casting temperature are specified.

On Approaches to Taking into Account the Risks of Changing Climatic Conditions when Planning and Implementing Oil and Gas Projects

2021 ◽  
Vol 18 (1) ◽  
pp. 52-65
Author(s):  
P. N. Mikheev
Keyword(s):  
Climate Change ◽  
Oil And Gas ◽  
Oil And Gas Industry ◽  
Climatic Conditions ◽  
Qualitative Assessment ◽  
Physical Factors ◽  
Gas Industry ◽  
Climate Risks ◽  
The Impact

The article discusses issues related to the impact of climate change on the objects of the oil and gas industry. The main trends in climate change on a global and regional (on the territory of Russian Federation) scale are outlined. Possible approaches to the identification and assessment of climate risks are discussed. The role of climatic risks as physical factors at various stages of development and implementation of oil and gas projects is shown. Based on the example of oil and gas facilities in the Tomsk region, a qualitative assessment of the level of potential risk from a weather and climatic perspective is given. Approaches to creating a risk management and adaptation system to climate change are presented.

scholarly journals How Oil Contracts Affect Human Rights

2018 ◽  
Vol 3 (4) ◽  
pp. 30
Author(s):  
Maria João Mimoso ◽  
Clara da Conceição de Sousa Alves ◽  
Diogo Filipe Dias Gonçalves
Keyword(s):  
Human Rights ◽  
Oil And Gas ◽  
Social Issues ◽  
Oil And Gas Industry ◽  
Gas Industry ◽  
Oil Companies ◽  
The Social ◽  
Oil Contracts ◽  
The 19Th Century ◽  
The Impact

Since the beginning of the 19th century, we have assisted major proliferation of the oil and gas industry. This phenomenon of exponential growth is due to the fact that oil companies hold the world’s oil monopoly on the extraction, processing and commercialization. Therefore, as being one of the most influential sectors in the world, is crucial to strictly regulate how oil and gas contracts concerns the potential environmental and social impacts arising from the conduct of petroleum operations and how such behavior affects the human rights. As a matter of fact, the social issues field is an emerging area, and despite such importance, oil contracts do not often deal with them in great detail, corresponding to an actual emptiness of the human rights provisions. In terms of responsibly, oil companies, have an inalienable obligation to ensure that their actions do not violate human rights or contribute for their violation. This study aims to trace a detailed analysis of the impact of the oil and gas agreements in human rights. In order to fully comprehend the deep effects of this industry, we will examine, in detail, numerous of published oil and gas agreements, as well as, decode which are the real standards and practices accepted by this industry. We will use a deductive and speculative reasoning. We will try to demonstrate how incipient and short protection is given to human rights and what responsible conducts must urgently be developed.

scholarly journals THE IMPACT OF ICTS ON CORE SECTORS OF THE NIGERIAN ECONOMY

2013 ◽  
Vol 1 (3) ◽  
pp. 58-62
Author(s):  
Dike Ike
Keyword(s):  
Business Processes ◽  
Oil And Gas ◽  
Oil And Gas Industry ◽  
Managerial Decision ◽  
Gas Industry ◽  
Agricultural Industry ◽  
Human Endeavor ◽  
Efficiency And Effectiveness ◽  
Information And Communication ◽  
The Impact

Information and Communication Technology (ICT) has taken the center stage in almost every aspect of human endeavor. ICT help companies to improve the efficiency and effectiveness of services offered to customers, and thus enhances business processes, managerial decision making, and workgroup collaborations, thus strengthening their competitive positions in rapidly changing and emerging economies. This paper considers the impacts and trends of ICTs on core sectors of the Nigerian economy. Three core industry sectors of the Nigerian economy were examined namely: Banking Industry, Oil and Gas Industry, and Agricultural Industry in order to examine the level of impact ICTs have on the overall Nigerian economy.

RAM analysis of dynamic positioning system: An approach taking into account uncertainties and criticality equipment ratings

2021 ◽  
pp. 1748006X2110518
Author(s):  
Maria V Clavijo ◽  
Adriana M Schleder ◽  
Enrique Lopez Droguett ◽  
Marcelo R Martins
Keyword(s):  
Oil And Gas ◽  
Oil And Gas Industry ◽  
Economic Losses ◽  
Gas Industry ◽  
Dynamic Positioning System ◽  
Failure Data ◽  
Total Failure ◽  
Drilling Operations ◽  
Maintainability Analysis ◽  
Ram Analysis

Currently, a Dynamic Position (DP) System is commonly used for offshore operations. However, DP failures may generate environmental and economic losses; thus, this paper presents the Reliability, Availability and Maintainability (RAM) analysis for two different generations of DP system (DP2 and DP3) used in drilling operations. In addition to the RAM analysis, the approach proposed herein considers the uncertainties present in the equipment failure data and provides more information about criticality equipment ratings and probability density functions (pdf) of the repair times. The reliability analysis shows that, for 3 months of operation, the total failure probability of the DP2 system is 1.52% whereas this probability for the DP3 system is only 0.16%. The results reveal that the bus-bar is the most critical equipment of the DP2 system, whereas the wind sensor represents the priority equipment in the DP3 system. Using 90% confidence level, each DP configuration was evaluated for a 1-year operation, finding a reliability mean equal to 70.39% and 86.77% for the DP2 system and the DP3 system, respectively. The DP2 system asymptotic availability tends to present a constant value of 99.98% whereas for the DP3 system, it tends to be 99.99%. Finally, the maintainability analysis allows concluding that the mean time for system repair is expected to be 3.6 h. This paper presents a logical pathway for analysts, operators, and reliability engineers of the oil and gas industry.

The Impact of Project Management Methodologies on Project Success

2019 ◽  
pp. 418-437
Author(s):  
Hazem Abdulla ◽  
Mukhtar Alhashimi ◽  
Allam Mohammed Hamdan
Keyword(s):  
Project Management ◽  
Oil And Gas ◽  
Project Success ◽  
Qualitative Interviews ◽  
Oil And Gas Industry ◽  
Success Rates ◽  
Gas Industry ◽  
Survey Responses ◽  
The Impact ◽  
Over Time

This study assessed the impact of project management methodologies (PMMs) on project success in the oil and gas industry in the Kingdom of Bahrain. It also explored the different project methodologies used along with their strengths and weaknesses. Quantitative approach with the support of qualitative interviews was used to achieve the objectives of this research. A total of 95 survey responses were received and 17 interviews were conducted. Projects in the oil and gas industry are more about safety than speed, and hence, the use of comprehensive methodologies and applying the relevant methodology elements are important for oil and gas projects. Furthermore, the companies in the oil and gas industry in Bahrain have to pay more attention to their project management methodologies and get it evolved and improved over time to achieve higher project success rates.

The Impact of News on the MICEX Oil & Gas Index: Textual Analysis

2018 ◽  
Vol 2018 (4) ◽  
pp. 79-99
Author(s):  
Elena Fedorova ◽  
Oleg Rogov ◽  
Valery Klyuchnikov
Keyword(s):  
Oil And Gas ◽  
Pearson Correlation ◽  
Oil And Gas Industry ◽  
Stock Index ◽  
Gas Industry ◽  
Negative News ◽  
The Russian Federation ◽  
Oil And Gas Companies ◽  
The Impact ◽  
Oil Gas

In this study, a relationship between the mood of news and the response of the oil and gas industry index of the Russian Federation was revealed. The empirical base of the study included 8.5 million news from foreign sources. Research methodology: fuzzy sets, naive Bayesian classifier, Pearson correlation coefficient. As a result of the research, it was discovered that: 1) negative news affects the stronger than the positive on the stock index; 2) news on companies affect the value of the index, and news on the industry affect the volume of trading; 3) the sanctions did not significantly affect the coverage of Russian oil and gas companies.

Creating the circular advantage for the oil and gas industry

2016 ◽  
Vol 56 (2) ◽  
pp. 585
Author(s):  
Christopher Coldrick ◽  
Rowan Fenn ◽  
David Sahota
Keyword(s):  
Oil And Gas ◽  
Service Providers ◽  
Real Life ◽  
Oil And Gas Industry ◽  
Repair Process ◽  
Materials Management ◽  
Gas Industry ◽  
Management Processes ◽  
Oil And Gas Companies ◽  
The Impact

Maintenance, repair and operating (MRO) materials typically represent 15–20% of the operating costs for a mature oil and gas asset. Of this, a substantial proportion is comprised of high-value repairable equipment such as motors, compressors and pumps. This equipment is often at bottlenecks in the production process and so the impact of materials cost on profitability is magnified by the production ramifications of an outage. Effective management of this equipment is key to the sustainable, profitable operation of any oil and gas asset, and is key to improving the competitiveness of the Australian industry. Oil and gas companies are adopting a variety of models to handle the repair process, with varying degrees of success. Challenges include: poor materials availability and lack of traceability; complex infield materials management processes resulting in costly wastages; difficulty in managing consistency, suitability and specifications of repairs; high cost for those undertaking the repairs; and, correct allocation of responsibility and risk in the materials management process. Developed in collaboration with Australian oil and gas operators, with input from case studies outside the oil and gas industry, this extended abstract discusses the roles and opportunities for the circular economy in helping companies to meet their sustainability and profitability targets. Using several real-life examples, it makes recommendations for vendors, service providers and operators that can have material impact on the profitability of the industry.

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