scholarly journals Problems Relating to Arctic Farmout and Joint Operating Agreements

1972 ◽  
Vol 10 (3) ◽  
pp. 450
Author(s):  
Wayne G. Holt
Keyword(s):  
Operating Procedure ◽  
Oil And Gas ◽  
Standard Form ◽  
Oil And Gas Industry ◽  
The Arctic ◽  
Gas Industry ◽  
Canadian Association ◽  
New Concepts ◽  
Regulatory Problems

The form and content of Farmout Agreements and Joint Operating Agree ments in use in the Canadian onshore oil and gas industry have become standardized to the point that the Canadian Association of Petroleum Landmen has published Model Operating Procedure. Farmout and Joint Operat ing* Agreements used in the Arctic require new concepts and different pro visions and procedures to deal with* the special problems caused by the de mands of the environment and the requirements of the Canada Oil and Gas Land Regulations. This article examines the special environmental and regulatory problems of the Arctic, reviews the provisions of standard form agreements and suggests changes necessary to deal with Arctic problems, and discusses provisions and procedures peculiar to Arctic Farmout and Joint Operating Agreements.

scholarly journals The 2007 CAPL Operating Procedure

2009 ◽  
Vol 46 (2) ◽  
pp. 427
Author(s):  
Craig Spurn ◽  
Jana Prete ◽  
Melissa Zerebeski
Keyword(s):  
Detailed Analysis ◽  
Operating Procedure ◽  
Oil And Gas ◽  
Standard Form ◽  
Oil And Gas Industry ◽  
Gas Industry ◽  
Model Form ◽  
Canadian Association ◽  
Form Approach

This article provides an introduction and overview of the 2007 Canadian Association of Petroleum Landmen Operating Procedure and a detailed analysis of certain key provisions and changes made. The article notes that the 2007 Procedure is responsive to significant developments in the Canadian oil and gas industry and constitutes a major update of the Procedure, including in its emphasis on a “norm-based” approach rather than a “standard form” approach and articulating the need for, and cost of, deviating from the provisions of the model form.

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

Trends and Prospects of Development of the Oil and Gas Sector in the Context of Digitalization

2020 ◽  
Vol 26 (1) ◽  
pp. 35-45 ◽  
Author(s):  
A. G. Kazanin
Keyword(s):  
Oil And Gas ◽  
Digital Technologies ◽  
Oil And Gas Industry ◽  
Global Market ◽  
The Arctic ◽  
Business And Society ◽  
Gas Industry ◽  
Exploration And Production ◽  
Oil And Gas Sector

The modern oil and gas industry is heavily dependent on the processes and trends driven by the accelerating digitalization of the economy. Thus, the digitalization of the oil and gas sector has become Russia’s top priority, which involves a technological and structural transformation of all production processes and stages.Aim. The presented study aims to identify the major trends and prospects of development of the Russian oil and gas sector in the context of its digitalization and formation of the digital economy.Tasks. The authors analyze the major trends in the development of the oil and gas industry at a global scale and in Russia with allowance for the prospects of accelerated exploration of the Arctic; determine the best practices of implementation of digital technologies by oil and gas companies as well as the prospects and obstacles for the subsequent transfer of digital technologies to the Russian oil and gas industry.Methods. This study uses general scientific methods, such as analysis, synthesis, and scientific generalization.Results. Arctic hydrocarbons will become increasingly important to Russia in the long term, and their exploration and production will require the implementation of innovative technologies. Priority directions for the development of many oil and gas producers will include active application of digital technologies as a whole (different types of robots that could replace people in performing complex procedures), processing and analysis of big data using artificial intelligence to optimize processes, particularly in the field of exploration and production, processing and transportation. Digitalization of the oil and gas sector is a powerful factor in the improvement of the efficiency of the Russian economy. However, Russian companies are notably lagging behind in this field of innovative development and there are problems and high risks that need to be overcome to realize its potential for business and society.Conclusions. Given the strategic importance of the oil and gas industry for Russia, its sustainable development and national security, it is recommendable to focus on the development and implementation of digital technologies. This is crucial for the digitalization of long-term projection and strategic planning, assessment of the role and place of Russia and its largest energy companies in the global market with allowance for a maximum number of different internal and external factors.

scholarly journals Forecasting of Technology Development of the Arctic Hydrocarbon Resources’ Extraction

2020 ◽  
Vol 162 ◽  
pp. 01008
Author(s):  
Tatiana Chvileva
Keyword(s):  
Oil And Gas ◽  
Technology Development ◽  
Arctic Region ◽  
Oil And Gas Industry ◽  
Integrated Approach ◽  
The Arctic ◽  
Gas Industry ◽  
Industrial Systems ◽  
Technological Forecasting ◽  
Energy Needs

The Arctic region has a great potential in development of hydrocarbon resources and can play an important role in meeting future global energy needs. In the presented work the specific features of the Arctic hydrocarbon projects are identified. Key needs of oil and gas industry in technology development within the framework of projects of extraction of hydrocarbon resources in the Arctic are revealed. A critical analysis of technological forecasting methods is presented. Problems and prospects of their use in the conditions of the Arctic zones are established. The need for an integrated approach to forecasting the development of industrial systems of the Arctic zone is justified.

EPCM contracting: clearing the minefield

2014 ◽  
Vol 54 (1) ◽  
pp. 231
Author(s):  
Julie Whitehead ◽  
Karen Walters
Keyword(s):  
Construction Management ◽  
Oil And Gas ◽  
Standard Form ◽  
Oil And Gas Industry ◽  
Project Delivery ◽  
Risk Allocation ◽  
Infrastructure Projects ◽  
Gas Industry ◽  
Optimum Performance ◽  
The Past

The past year has seen a downturn in the number of new mining and infrastructure projects in Australia. Despite that, the authors are noticing a continuation of the trend towards a greater use of engineering, procurement and construction management (EPCM) style contracting. The increased use of EPCM contracts is in part due to projects becoming larger and more complex. As these projects can only be delivered by multiple contractors who all seek to limit their liability, the EPCM contract offers a useful framework for coordinating and managing those contractors, and maximising the owner’s recourse to them. This is particularly so in the oil and gas industry, with many projects using this form of project delivery. As there is no standard-form EPCM contract, however, and given the complex technical nature of these types of projects, negotiating an EPCM contract can be fraught with danger, especially for owners who may not have used this style of contract before. This paper discusses the unique characteristics of the EPCM contract (particularly in contrast to the engineering, procurement and construction style contract), the typical risk allocation, and the creative use of compensation and incentive regimes to drive optimum performance. The EPCM model is not suited to all projects, but if it is appropriately negotiated and drafted, and is well managed by an appropriately skilled and resourced owner’s team, it can provide a platform for excellence in project delivery.

DIGITALIZATION AS A KEY AREA FOR THE DEVELOPMENT OF THE RUSSIAN ARCTIC

2020 ◽  
Vol 2 (8) ◽  
pp. 111-120
Author(s):  
A. G. KAZANIN ◽  
◽  
◽  
Keyword(s):  
Public Administration ◽  
Digital Image ◽  
Oil And Gas ◽  
Oil And Gas Industry ◽  
The Arctic ◽  
Main Task ◽  
Russian Science ◽  
Gas Industry ◽  
Digital Management ◽  
Noospheric Strategy

This paper examines the role and place of digitalization processes in improving the efficiency of public administration in the Arctic zone of the Russian Federation and in the development of the oil and gas industry, which is key for the region. It is shown that the most promising for the development of the Arctic as a whole is the key principle, the essence of which boils down to the formation and development of a digital management system for the region through the formation of a “digital image” or “digital twin” of the entire Arctic socio-technological and natural system in the global world, which are a set of models describing properties and dynamics of the system depending on internal processes and external influences. The digitalization of public administration in general is the best fit for the most promising “noospheric” strategy for coordinating human activities in the Arctic. This means that the formation of a "digital image" of the region becomes, when the above approach is adopted, the main task of Arctic science and the most important task of Russian science in general.

Risk-based Winterization for Vessels Operations in Arctic Environments

2013 ◽  
Vol 29 (04) ◽  
pp. 199-210 ◽  
Author(s):  
Ming Yang ◽  
Faisal I. Khan ◽  
Leonard Lye ◽  
Heri Sulistiyono ◽  
John Dolny ◽  
...  
Keyword(s):  
Oil And Gas ◽  
Oil And Gas Industry ◽  
Temperature Data ◽  
Operating Conditions ◽  
Hydrocarbon Exploration ◽  
The Arctic ◽  
Gas Industry ◽  
Arctic Regions ◽  
Exploration And Production

Because the oil and gas industry has an increasing interest in the hydrocarbon exploration and development in the Arctic regions, it becomes important to design exploration and production facilities that suit the cold and harsh operating conditions. In addition to well-established minimum class requirements for hull strengthening, winterization should be considered as a priority measure early in the design spiral for vessels operating in the Arctic environments. The development of winterization strategies is a challenging task, which requires a robust decision support approach. This article proposes a risk-based approach for the selection of winterization technologies and determination of winterization levels or requirements on a case-by-case basis. Temperature data are collected from climatology stations located in the Arctic regions. Loading scenarios are defined by statistical analysis of the temperature data to obtain probabilistic distributions for the loadings. Risk values are calculated under different loading scenarios. Based on the risk values, appropriate winterization strategies can be determined. A case study is used to demonstrate how the proposed approach can be applied to the identification of heating requirements for gangways.

scholarly journals The Arctic Environment and Legislation

1972 ◽  
Vol 10 (3) ◽  
pp. 431
Author(s):  
A. R. Thompson
Keyword(s):  
Oil And Gas ◽  
Environmental Law ◽  
Modern Society ◽  
Oil And Gas Industry ◽  
Yukon Territory ◽  
The Arctic ◽  
Gas Industry ◽  
Arctic Environment ◽  
Decision Making Processes ◽  
Administrative Framework

This is the first of three papers presented at the Tenth Annual Research Seminar on the special problems of the oil and gas industry in the Canadian Arctic. The paper examines the background to the industry's participation in the Arctic, the special problems of the Arctic environment, and the jurisdictional and administrative framework in the Yukon Territory, the Northwest Territories and the Northern offshore areas. In discussing the Arctic environ ment and legislation, the paper raises the question of whether or not there is new environmental law, and suggests that there is new environmental law taking shape which consists of demands for public participation in, and for broad range of inquiry with respect to, the decision making processes in modern society.

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