<a href="http://youngpetro.org/2013/03/06/how-is-it-possible-to-produce-oil-from-sand/"><b>How is it possible to produce oil from sand?</b></a> <a href="http://youngpetro.org/2011/10/09/people-engineers-and-spe-members/"><b>People, Engineers and SPE Members</b></a> <a href="http://youngpetro.org/2012/12/19/if-i-were-a-prime-minister/"><b>If I Were a Prime Minister…</b></a> <a href="http://youngpetro.org/2012/12/26/polish-shales-delayed/"><b>Polish shales delayed?</b></a> <a href="http://youngpetro.org/2013/01/11/russia-continues-the-policy-of-states-companies-monopoly/"><b>Russia continues the policy of state companies’ monopoly</b></a>
 

BG INTERNATIONAL FORUM FOR STUDENTS

BG INTERNATIONAL FORUM FOR STUDENTS

BG International Forum is an event organized by Bashkir State University SPE Student Chapter and Geophysics Department of Bashkir State University.

When: 11-13 May 2015

Where: 32, Zaki Validi Str., Ufa, Russia

 

 

During the Forum participants will:

  • Present their paper and poster works,
  • Attend «hard» and «soft» skills lectures,
  • Take part in a Business Game “Petro”,
  • Participate in a round table discussion,
  • Go to the Field Trip

 

Bez tytułu

The official language is English.

Fill in the application on website: npf.geotec.ru/spe

If you have any questions, write an email:

spebashsu@gmail.com – organize committee

reginaspe@gmail.com Regina Nafikova (President of BashSU SPE Student Chapter)

All the additional information available at VK official group: vk.com/spe_bashsu

 And don’t forget: SUCCESS IS PEOPLE YOU KNOW!

New oil field discovered in Arctic

11 November, 2014 News No comments
New oil field discovered in Arctic

The Arctic region has big potential for hydrocarbon production. According to the estimates, prepared by the US Geological Survey USGS in 2008, there might be 22% of undiscovered oil and gas resources, including 13% undiscovered petroleum resources. More than three-quarters of these resources are located in areas of marine waters in USA, Canada, Greenland, Norway and Russia, which recently was quite succesful in its operations.

On 27th September Rosneft and ExxonMobil announced, that they had discovered oil in the Kara Sea, 250 km clear off the inland of the Russian Federation. The drilling was completed in record time – in one and a half month. The project is developing on three oil and gas fields in the north-east coast of the island called Sakhalin.

kara sea

It all started in 2011, when Rosneft signed an agreement with US oil company ExxonMobil. The contract was worth 3.2 billion dollars. In August 2013 Karmorneftegaz, a joint venture Rosneft and ExxonMobil, began drilling in the area of oil field called East-Prinovozemelsky. The works were carried out despite the sanctions imposed on Russia.

The succesful well was drilled to the depth of 2113 meters; the sea depth at the drilling site was 81 meters. The head of Rosneft Igor Sechin said that gas reserves are estimated to be about 338 million cubic meters and oil- to 100 million tons. “This is our united victory, it was achieved thanks to our friends and partners from ExxonMobil, Nord Atlantic Drilling, Schlumberger, Halliburton, Weatherford, Baker, Trendsetter, FMC.”- Sechin summarised. According to estimates, Kara Sea may be rich in similar deposits of oil as Saudi Arabia. Igor Sechin said that the oil field, where the discovery was made, is called “Pabieda”, from the Russian – victory. Despite this success, experts aren’t sure whether oil from the wellbore can be extracted on a commercial scale, that’s why Rosneft will analyze more samples.

The media in Moscow informed lately, that Exxon Mobil, due to sanctions,  suspended cooperation with Rosneft on the sea in the Arctic.

pic_27092014_1l

The OIES report also analyzes two other projects in the Arctic- Norwegian Snohvit (gas field) and Russian Prirazlomnoye (petroleum). Both of them are currently at the stage of hydrocarbon extraction. Despite the fact that in both cases the mining process was started, the authors note that it was very late and significantly above the originally projected cost.

However, as BiznesAlert.pl reported, Igor Sechin told to Der Spiegel that Rosneft, by 2030, will have invested 400 billion dollars in Arctic operations.

Sources: www.euroinfrastructure.eu, www.forbes.pl, www.rosneft.com, www.tvn24bis.pl, www.zerohedge.com

 

 

LNG- is it the fuel of the future?

LNG- is it the fuel of the future?

Nowadays the role of Liquefied Natural Gas in international trade is steadily rising. Let’s find out about the fuel, which has a great chance to enter a global market and stay there for longer.

LNG- Liquefied Natural Gas- natural gas, converted to liquid form in order to facilitate transport and storage in areas beyond the reach of traditional gas networks. It is a colorless,  odorless and non-toxic compound. Its octane number is 130.

The condensation process is conducted in liquefaction terminals, where natural gas is cooled to the boiling point of methane- -162ᵒC. As a result its volume is reduced of more than 600 times the normal size.
Moreover, liquefied natural gas is subjected to a purification operation from carbon dioxide, nitrogen and heavier hydrocarbons.
The next step is pumping LNG from large cryogenic tanks into methane carriers, which will deliver the fuel to recipients all over the world.
Having reached the regasification terminal, LNG is transported into large tanks, where it is heated until it transforms to the gaseous state. Now it’s convenient to inject it in the gas pipeline network.

Advantages

Transport
After compression LNG takes up to 600 times less space than in its gaseous state, which makes it feasible to transport over long distances. The distribution is based on using methane carriers, cisterns and rail.

Ecology
Liquefied Natural Gas consists of 95% of methane with a small fraction of other components, so the fuel is very clean. Its purity results from compression process when water, carbon dioxide and liquid hydrocarbons are removed. It emits almost 50% less CO2 during the combustion process in comparison with hard coal or lignite. What is more, it produces three times less contaminants than diesel oil.

Energetic safety
Nowadays it’s crucial for countries, which don’t have its own natural resources to ensure constant energy supplies. Thanks to LNG it’s possible to become an independent importer with variety of offers from gas producers all over the world.

Non-corrosive
Installations which use LNG are more durable than traditional.

Safety
LNG is non-toxic substance. It evaporates and disperses in the atmosphere when exposed to air. It does not contaminate water or soil but spreads like natural gas. Transport and storage issues meets the highest safety standards.

Drawbacks

  • Capital intensity
    Investments related to the construction of import and export terminals require big financial resources, because such projects need using highest quality materials, what is very expensive.
  • Complicated technological process
  • The necessity of employing highly qualified staff

LNG applications

  • Heating purposes
  • Power generation in gas powered plants
  • Fuel for car engines, propelling ships and locomotives
  • Refinery and petrochemical industry

World

Nowadays there are about 100 import terminals in the world. The leader in LNG import is Asia, where the biggest regasification terminals are located. Japan has the highest number of such constructions- over 30, whereas South Korea is the owner of largest plant for processing liquefied gas, it’s called Incheon. The main exporter is Qatar. In 2011 it sold 74 million ton of natural gas. The second place goes to Malaysia (24 million ton export).
It is predicted that in the nearest future the global market will be enriched with new countries- USA, which plans to condensate shale gas, and Australia, which now has 3 export terminals but is building 3 new in order to increase its potential.
Main transport routes go through the Indian Ocean and the Atlantic Ocean and across the Mediterranean Sea to reach Europe. Shipment from Alaska is directed to Japan across the Pacific Ocean.

Europe

Three biggest importers in Europe are France, Great Britain and Spain, which bring LNG from numerous producers, e.g. France has 11 suppliers.
Central and Eastern Europe is now out of international trade because in this region for decades governments have been focused on developing pipeline network. As a result required infrastructure does not exist there. But lately some new investments has been started, e.g. in Poland- a new LNG Terminal in Świnoujście is being built.

Conclusion

The growing importance of LNG in recent years is associated with a general increase in demand for natural gas. It is ecological and efficient fuel, so there’s a big chance of success in the future.

 

Sources: www.cryogas.pl,  www.lng.edu.pl
Photos: www.mighty-ships.com

Indonesia: new oil and gas discovery

Indonesia: new oil and gas discovery

In 1885 the first oil discovery in Indonesia (when it was still the Dutch east Indies) made this country one of the most important oil producers in South East Asia. In 1962 it entered OPEC with great prospects for the future. However, in 2009, on account of considerable declines in production, it became one of only two countries to ever withdraw from the oil cartel.

Although this country is now known as coal, gas, coal-bed methane or biofuel producer and is turning to shale gas potential resources, there are still operations conducted in order to find oil and gas reservoirs. Premier Oil acquired its first operated acreage in Indonesia in 1996, it was called Natuna Sea Gas Project.

In April 2014 Premier Oil informed us about its newest discovery: 183ft of net oil-bearing reservoir and 327ft of net gas-bearing reservoir have been found in Tuna PSC offshore Indonesia. It is the area located on the east of Natuna Sea Gas Project, in the Natuna Sea, north of Indonesia.

The Kuda Laut-1 well has been drilled through Miocene sands within a four-way dip closure. Gas samples have been recovered and its gradients measured. The well is to be side-tracked to Singa Laut in order to drill an adjoining three-way dip closed structure with sandstone reservoirs in both the lower Miocene and Oligocene sections. It is estimated that by 2015 appraisal drilling to further assess the combined Singa Laut and Kuda Laut oil and gas resources will have been completed.

Andrew Lodge, Premier Oil exploration director, said: “Discovering oil at Kuda Laut is of particular significance and we now look forward to the results of Singa Laut”.

Sources: www.premier-oil.com, www.morningstar.co.uk, www.oilandgasiq.com

Photos: www.premier-oil.com