<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>

Pirates Looting Cargoes With AK-47s Threaten African Oil

21 November, 2013 News No comments
Pirates Looting Cargoes With AK-47s Threaten African Oil

Nigeria, Gabon, Ghana and other countries around the Gulf of Guinea, produce more than 3 million barrels of oil a day, or about one-third of Africa’s output, according to data compiled by BP Plc. The region’s crude, often so-called sweet grades that are refined into high-value motor fuels, is shipped to refiners in the U.S., Europe and Asia. Nigeria and Equatorial Guinea are also leading liquefied natural gas exporters.

This year, piracy has spread through the region from Nigeria, where theft from ships has long been common, and ships are being attacked further offshore, according to the International Maritime Bureau. Boardings or hijacks have been reported off Togo, Ivory Coast, Sierra Leone and Guinea.

“They just pushed me into the cabin with the guns in my chest and they told me to stay silent,” Varma said in a phone interview from India. “They were threatening, they were showing the guns, pointing at us. They took everything — everything that we had — including clothes, toiletries, electronics.”

West African nations made some progress on fighting piracy after agreeing on a Code of Conduct to help protect trade and shipping, said Simon Bennett, a director at the International Chamber of Shipping, which represents companies controlling more than 80 percent of the world’s merchant tonnage. Last month, politicians agreed to develop coordination mechanisms in 2014, the United Nations Office for West Africa said.

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Photos: bartamaha.com, frontpagemag.com

Fracking Water’s Dirty Little Secret – Recycling

11 October, 2013 News No comments
Fracking Water’s Dirty Little Secret – Recycling

With the commercial launch of Halliburton’s trademarked H20 Forward water recycling and reuse process, the difference in how produced water will be handled in 2013 versus 2009 could be more than just a change. As the process becomes more widely used and accepted (it has already been proven in more than 60 wells and 280 fractures), it could create a new approach to the way the oil and gas industry and the entire Williston Basin thinks about water, or as Halliburton believes, a paradigm shift of fluid technology.

The H20 Forward process can recycle produced water in the same reservoirs that hold the hydrocarbons unlocked during the hydraulic fracturing process, and the flowback water that is pumped into the well and then returned during extraction. This allows for unlimited reuse of the produced water in new well completions instead of disposal in deep injection wells.

“When you think about the industry and all the people that are involved, they’ve always said you need good quality water [for fracking] and now we are saying you don’t,” Walter Dale says.

The process will allow for the use of commingled water, and the site preparation for the first recycling facility is already underway east of Watford City, N.D. According to Dale, water managements costs related to hydraulic fracturing are roughly $51 billion annually. “Everybody,” Johnsrud said, at the demonstration event, “will be watching to see how it [the Halliburton-Nuverra process] happens.”

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Image from: i.huffpost.com, thebakken.com

Wrap up of the last week in the EU Gas Market

9 October, 2013 News No comments
Wrap up of the last week in the EU Gas Market

The week started with news from the UK, Ukraine, Romania and Russia. Eastern Europe, Russia and the UK resulted in being the main players of the week, along with Italy and Germany.

  • In Russia, Rosneft kept on its growth trend, ivesting in LNG plant in a Russia Far East project with ExxonMobil. Later last week, the company also clinched an agreement with Sweden’s Lundin Petroleum.Gazprom proves to be still a pivotal player of Russian energy policies, addressing the issues of bilateral cooperation in the gas sector between Moscow and Kiev.

EU Competition Commissioner Joaquin Almunia said that EU regulators are prepared to initiate formal legal proceedings against Gazprom, over allegation that the company abused its dominant position in the gas market.

  • In UK last week cooled down the expectations for a British shale gas boom.
  • In Eastern Europe shale gas is peaking up and regional markets are on their way to a consolidation.
    Ukraine has been the rising star of the week. The country keeps swinging between Moscow and Brussels – a free trade agreement with the EU could come soon – but Kiev continues on it path to foster a national gas revolution.
  • Italy and Germany: Eni had a difficult start of the week, with gas flows from Libya into Italy halved on Monday from normal values. Protesters in North Africa affected the Greenstream pipeline to Sicily.Germany’s EWE aims to double the number of its natural gas consumers, taking advantage of the expanding retail sector in Turkey.

The coming week’s headlines could be dominated by France and Ukraine.


Find more: Week 40 Overview

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