Enhanced oil recovery projects have moved down the industry’s priority list given the oversupply of world crude oil and resulting low oil prices. This is, however, the right time for the industry to assess options for injecting new life into mature fields using EOR. Source: News
Chapter 11 becoming 'unavoidable' for Linn Energy
Linn Energy LLC said in a Mar. 15 filing with the US Securities and Exchange Commission that its current financial state is such that bankruptcy may become “unavoidable.” Source: News
DRA mitigates surges in liquids pipelines
A simple approach mitigates pressure surges in liquid-service pipelines without mechanical means such as surge relief systems (valves and tanks) or relying on instrumentation such as high-pressure pump trips or high-integrity pressure protection systems (HIPPS). Source: News
Veresen Midstream advances Montney processing expansion
Cutbank Ridge Partnership (CRP), a venture of Encana Corp. and Mitsubishi Corp. subsidiary Cutbank Dawson Gas Resources Ltd., has approved Veresen Midstream LP’s plan to expand natural gas processing capacity in the Dawson Creek area of northeastern British Columbia’s Montney resource play. Source: News
Canadian oil sands output poised for growth despite oil prices
Canadian oil sands producers report projects already under construction will boost total oil sands output for about 5 years regardless of crude oil prices, although companies are trying to cut costs through layoffs or by deferring new investments. While it’s unlikely any new oil sands projects will be announced until oil prices recover, production increases […]
Added-water heavy crude transport method improves efficiency
Added-water transportation moves heavy crude in dispersed form without adding surfactant. Heavy oil-water pipe flow is simple and cheap. Source: News
CAFE program midterm evaluation should consider oil-market changes
Unforeseen changes in the oil market need consideration in the US Environmental Protection Agency’s imminent review of an important element of transportation-fuel regulation. Source: News
Widespread RFS frustration
Stakeholders beyond refiners are dissatisfied with the federal Renewable Fuel Standard. Advanced biofuel manufacturers and a major US environmental organization also expressed their frustration over its implementation at a Mar. 17 Capitol Hill briefing. Source: News
Nelson-Farrar Quarterly Costimating: Indexes for selected equipment items
Continuing a trend starting in 1983, the Nelson-Farrar refinery construction index rose quickly to 2,569.8 in September 2014 from 2,535.6 in January of the same year before weakening to 2,544.0 in December of 2015. Source: News
Europe's costly energy experience seldom in US news
Governments can’t require the replacement of cheap energy by expensive energy without increasing the cost of energy. But they can waste a lot of money pretending otherwise. Source: News