<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>
 

Canada’s first exports of liquefied natural gas may soon be heading overseas

Canada’s first exports of liquefied natural gas may soon be heading overseas

In 2016 Cheniere Energy Inc. built an LNG export terminal along Louisiana’s coast and became the only company shipping U.S. shale gas by tanker. Now it’s looking for supplies to send abroad.

It’ll receive supplies from the Montney shale play, which straddles Alberta and British Columbia. “We recently entered into our first supply deal to receive Montney gas, on a Henry hub index, from a Canadian producer,” Chief Commercial Officer Anatol Feygin said on a conference call, referring to the Louisiana gas price benchmark.

“We’re able to build a portfolio of supply from domestic gas producers and take full advantage of the cost-competitive basins across the U.S. […] In fact, it doesn’t stop at the U.S., as we recently entered into our first supply deal to receive Montney gas.” – he also said.

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The Montney Formation is a stratigraphical unit of Lower Triassic age in the Western Canadian Sedimentary Basin in British Columbia and Alberta

 

Canada’s gas explorers are having great lengths go to get their fuel to market as they face escalating competition from U.S. shale drillers at home. liquefied natural-gas export terminals have been proposed along Canada’s West Coast, but it’ll be years before any are up and running (as a result of environmentalists and native groups protests). According to Victoria Zaretskaya, an analyst with the Energy Information Administration, no Canadian gas has ever been exported as LNG.

Cheniere_Platform

Who knows, maybe one day tanker with Canadian LNG will arrive at Polish LNG Terminal in Swinoujscie.

sources: boereport.comcheniere.combloomberg.combreakingenergy.com

 

8th International Youth Scientific and Practical Congress “Oil and Gas Horizons”

8th International Youth Scientific and Practical Congress “Oil and Gas Horizons”

8th International Youth Scientific and Practical Congress “Oil and Gas Horizons” will be held from the 23th to the 25th of November 2016 at Gubkin Russian State University of Oil and Gas in Moscow and is being organized by Gubkin University SPE Student Chapter.

 

Oil and Gas Horizons – is one of the biggest international youth scientific and practical event in the oil and gas industry.

 

Oil and Gas Horizons is:

  • 18 countries
  • 38 universities
  • Paper contest, it includes 12 sections:
    • Geosciences
    • Drilling and completion
    • Oil & gas field development
    • Oil & gas chemistry
    • Health, safety and environment
    • Petroleum economics and management
    • Transportation and storage
    • Offshore and Arctic petroleum engineering
    • Alternative energy sources sustainability
    • PHD papers contest
    • Young professional paper contest
    • Poster session
  • Intellectual game “PetroOlympic Games”
  • Career Pathway Fair, held in cooperation with SPE International
  • Soft skills training
  • Plenary Sessions
  • Excursions to oil and gas companies
  • Energe4me – program for school students
  • International Round Table
  • Cultural Program

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Sponsors:

  • Halliburton
  • Salym Petroleum
  • Schlumberger
  • Enel
  • Rock Flow Dynamics

Partner: Lukoil

 

Our guests are representatives and heads of oil and gas companies as well as professors and teaching staff of Gubkin University.

www.spe.gubkin.ru

Contacts:

 

Alexey Vikhrov – President
+7-916-306-3543 alexey.vikhrov.24@gmail.com

Lesana Kurbonshoeva – Chief of Organizing committee
+7-985-304-53-05 kurbonshoeva.l@yandex.ru

Oil and Gas Horizons e-mail: info.ogh@gmail.com

SEG Student Field Camp Poland 2016 – Searching for hidden treasures – Student’s Geophysical Quest

SEG Student Field Camp Poland 2016 – Searching for hidden treasures – Student’s Geophysical Quest

After a close collaboration between members of two SEG Student Chapters – SEG Bucharest Student Chapter and SEG Cracow Student Chapter – the idea of the Joint Field Camp was born and then successfully realised in September. It incorporated students from two different countries (Romania and Poland) and also international students from all around the world.

A group of 30 students was actively involved in geophysical field training and supervised by experienced researchers from AGH University as well as the professionals from the Polish Geological Institute – National Research Institute. Scientists taught international group of students how to use geophysical methods to identify underground structures. A training ground for research was sixteenth-century fortress Srebrna Góra in Lower Silesia, Poland.

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The first three days students spent on field measurements nearby the great, sixteenth-century fortress and at the fourteenth-century collegiate church in Kłodzko, looking for underground structures. Participants had the opportunity to learn how to use the equipment and how to make professional analysis of geophysical data. They also learned about satellite geodetic coordinates. Scientists from Polish Geological Institute demonstrated electrical resistivity tomography (ERT) and conductivity measurements (EM) in application of shallow geology surveys.

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In the gothic church in Klodzko dr Jerzy Ziętek from AGH led the measurements using ground penetrating radar (GPR). The aim of the survey was to investigate unknown underground structures of the building, including detection of basement walls and crypts. You can read more about this part of the project at: www.radiowroclaw.pl

The event was ended with a geological trip to The Stołowe Mountains National Park, located in the central part of Sudety Mountains in Kłodzko land. Participants had a chance to learn about the geology of the area – a wide region of old mountains, dating back to cretaceous.

Underground Gas Storage

Underground Gas Storage

   Natural gas is a seasonal fuel – demand for it is usually higher during the winter. The process of exploitation, production, and transportation of natural gas takes time, and it is not always needed right away. The solution for this issues is underground gas storage. It is also used for:

– balancing the flow in pipeline systems,

– insuring against any unforeseen accidents,

– market speculation – producers and marketers use gas storage as a speculative tool, storing gas when they believe that prices will increase in the future and then selling it when it does reach those levels,

– maintaining contractual balance – shippers use stored gas to maintain the volume they deliver to the pipeline system and the volume they withdraw,

and other secondary purposes.

   Natural gas is most commonly held in inventory underground under pressure in three types of facilities. These underground facilities are depleted reservoirs in oil or natural gas fields, aquifers, and salt cavern formations. Natural gas is also stored in liquid or gaseous form in above–ground tanks.  This is the most expensive of all storage options, but this solution is applicable when it is impossible to build other storage facilities near large consumers. Two important characteristics of an underground storage reservoir are its capacity to hold natural gas for future use and the rate at which gas inventory can be withdrawn – called its deliverability rate.

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Depleted gas reservoir

They are the reservoir formations of natural gas fields that have produced all their economically recoverable gas. The depleted reservoir formation is readily capable of holding injected natural gas. Using such a facility is economically attractive because it allows the re-use, with suitable modification, of the extraction and distribution infrastructure remaining from the productive life of the gas field which reduces the start-up costs. Depleted reservoirs are also attractive because their geological and physical characteristics have already been studied by geologists and petroleum engineers and are usually well known. Consequently, they are the cheapest and easiest to develop, operate, and maintain of the three types of underground storage.

Aquifer reservoir

An aquifer is suitable for gas storage if the water-bearing sedimentary rock formation is overlaid with an impermeable cap rock. Although the geology of aquifers is similar to depleted production fields, their use for natural gas storage usually requires more base (cushion) gas and allows less flexibility in injecting and withdrawing. These types of storage facilities are usually used only in areas where there are no nearby depleted reservoirs. They are the least desirable and most expensive type of natural gas storage facility.

Salt formation

Underground salt formations are well suited to natural gas storage. Once formed, they allow little injected natural gas to escape from the formation unless specifically extracted. The walls of a salt cavern also have the structural strength of steel, which makes it very resilient against reservoir degradation over the life of the storage facility. Salt caverns provide very high withdrawal and injection rates relative to their working gas capacity.

How it works

Pumping gas is about injecting it in an artificial gas field using the parameters, specified by the process design. Gas is routed from a trunk gas pipeline to a site for removing solids, then to a gas metering station, and then to a compressor shop, where it is compressed and supplied to gas distribution stations (GDS) via headers. At a GDS, the general gas flow is divided in process lines, to which well loops are connected. Hook-up of process lines allows to measure productivity, temperature, and pressure of gas during an injection for each well.

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Back into the pipe

Extraction of gas from an underground storage facility is almost the same technological process as extraction from gas fields, but there is an essential difference: all active (commercial) gas is extracted within the period from 60 to 180 days. Flowing through the loops, it is received at gas-collecting stations, where it is gathered in a gas-collecting header. From there, gas is supplied to a separation site for the separation of produced water and solids, and then it is routed to a cleaning and drying site. Cleaned and dried gas is routed to the trunk gas pipelines.

gazprominfo.com/articles/gas-storage/

naturalgas.org/naturalgas/storage/

en.wikipedia.org/wiki/Natural_gas_storage

eia.gov/naturalgas/storage/basics/

GSSPE Student Technical Conference 2016

GSSPE Student Technical Conference 2016

   We are happy to announce the main sponsors of the event: Wintershall and DEA! Both companies will support the conference with company tables and representatives in the networking area!

You can still attend the main annual conference of the German Section SPE on Petroleum & Drilling Engineering, Geothermics and Hydrocarbon-related Geosciences!
At the STC you can meet numerous representatives of the german petroleum industry and follow lectures and poster sessions of students, learn from young professionals and key-note speakers and use this unique opportunity to grow your professional network!

• Location: German Oil Museum, Wietze, Germany
• Date: 03-04 November 2016
• Participants: about 100 international students and German petroleum industry representatives

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Please find all relevant info at: connect.spe.org
Please note that the abstract submission deadline (08th July) for student-speakers has already expired.

2nd South Asian Geosciences Student Conference (SAGSC) 2016 – Event Summary

2nd South Asian Geosciences Student Conference (SAGSC) 2016 – Event Summary

   The 2nd SAGSC 2016 was held on August 22nd – 27th 2016 by Society of Exploration Geophysicists Universitas Gadjah Mada Student Chapter (SEG UGM SC) and Himpunan Mahasiswa Geofisika Universitas Gadjah Mada (HMGF UGM). The event itself consists of eight sub-events, they are Conference, Exhibition Competition, Grand Ceremonies, GeoBowl, City Tour, Field Trip, and Lectures.

   2nd SAGSC 2016 is a forum where geosciences students from various field of study may interact with each other and share their knowledge and ideas for a better future. By participating in 2nd SAGSC 2016, it means that, as geosciences students, the participants have already start their movement to become the part of a great change in the future, where we, geosciences students will be able to strengthen the geosciences itself, which will eventually lead us to a better tomorrow.

   The main event of 2nd SAGSC 2016 was held in University Club Hotel, Universitas Gadjah Mada. It was opened by an opening ceremony which was held on the first day (August 22nd 2016) and was closed by a closing ceremony, gala dinner, and winner announcement on the third day (August 24th 2016). This year, 2nd SAGSC 2016 received about 194 abstracts coming from many countries around Asian continent. After getting reviewed by our peer-reviewers, we selected 85 papers to be presented in the conference which comprise of 50 oral presentations and 35 poster presentations that will be divided into several sessions. We also took note of 20 best that were presented here, which consist of 12 papers from the oral session (taken from each oral session) and also 8 papers from the poster presentation to be considered as the best papers. Even though this event was held in Indonesia, the best paper from the oral and poster presentation came from the students of National Central University, Taiwan. Congratulations to them for beating the host country of this event!

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   Even though the main interest for 2nd SAGSC 2016 lies within its conference, we also hold several student competitions and a student exhibition. Those sub-events were hold to increase the euphoria of the events held in 2nd SAGSC 2016. These student competitions consist of photography competition, essay competition, and GeoBowl. The biggest interest in these student competitions lies with the GeoBowl, a smart competition which was designed to test the students’ knowledge and also ability to compete in several matches in order to see which team that can be considered as the best one. The winners for this event came from Universitas Gadjah Mada (1st place) and Institut Teknologi Bandung (2nd and 3rd places).

   After journeying the three days conference, our participants were entertained by the field trip to Merapi volcano (for those who wanted to feel the adrenaline of a real adventure) and also a city tour to several tourism spots on Jogjakarta (for those who wanted to know the Javanese culture). After having one day break from the activities of the past four days, 2nd SAGSC 2016 was continued by one seminar and two workshops which were delivered by selected professionals from the energy industry to, again, increase the participants’ knowledge about geosciences itself.

   The total participants for this event were 628 persons, which consists of the authors, participants from the conference, GeoBowl, student competition, student expo, seminar, and workshop, with several additional amounts of participants coming from our committees themselves. Compared to other student conference around this region, 2nd SAGSC 2016 can be considered as one of the biggest student conference ever held on this region because of the amount of the participants.

   Last but not least, we would like to thank our sponsors, supporters, and media partners, without their help, 2nd SAGSC 2016 will not became as big as what it was. We also would like to the crowd of participants that have enliven this event as well. Should you need any other information about this event, you can directly contact us via email to sagsc2016@ugm.ac.id.

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The SEG – Joint Field Camp 2016 Project is coming to Srebrna Góra soon!

The SEG – Joint Field Camp 2016 Project is coming to Srebrna Góra soon!

This joint project is going to be held with the cooperation with two chapters : SEG Student Chapter Cracow and SEG Student Chapter Bucharest. Field Camp, which will take place in September 19-25, entitled “Searching for hidden treasures – Student’s Geophysical Quest” will be an unique opportunity of a multidisciplinary and multicultural experience.

A group of 30 students from Poland, Romania, Italy, Ukraine and Croatia will actively be involved in geophysical field trainings, cooperating with experienced teachers and researchers from two different universities as well as the professionals from the Polish Geological Institute – National Research Institute. The Field Camp will be carried out in a relatively restricted area, located close to the border between Poland and Czech Republic.

agh_field_camp_young_petro

Associated with a very rich historical background, Kotlina Kłodzka is best known for its underground
buried buildings like abandoned mine shafts that are ready to be discovered.

Students participating in a Field Camp will have a chance to gain new experience both in solving field cases and field work. We are planning to use different types of geophysical surveys. We would like to present student to several geophysical methods :
– Electrical Resisitivity Tomography and Electromagnetic Conductivity Meters surveys which are used in archaeological geophysics and for shallow geology prospection;
– GPR – a method which allow us to show students how ground penetrating radar works in searching for crypts in old churches.

One of the most important aspects of Field Camp for the society members is the practical implementation of the theoretical knowledge during field measurements and further processing and interpretation of collected data.

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seg2016fieldcamp.wordpress.com

Baker Hughes Rig Counts

11 September, 2016 News No comments
Baker Hughes Rig Counts

   You may didn’t know that there is something like Baker Hughes Rig Counts. They are counts of the number of drilling rigs actively exploring for or developing oil or natural gas in the U.S., Canada and international markets. They tend to correlate with oil and gas prices. It is an important business indicator for the drilling industry as well as its suppliers. Active drilling rigs consume products and services provided by the oil service industry. This count is helpful in establishing the demand for products used in drilling, completing, producing and processing hydrocarbons.

When oil and gas prices decline, the rig count declines, although the pace of the decline depends on credit conditions and circumstances in the energy market. However, the rig count’s responsiveness to changes in oil prices is a key factor in forecasting the price of oil and gas. The rig count is a tool to understand future supply trends. For example, if oil and gas prices drop and rig counts drop as well, it is more likely oil and gas prices will bounce back as supply decreases. If oil and gas prices drop and rig counts do not drop, it is more likely the price of oil and gas remains low, until it is low enough to cause production to decrease.

Baker Hughes has issued the rotary rig counts as a service to the petroleum industry since 1944, when Hughes Tool Company began weekly counts of the U.S. and Canadian drilling activity. In 1975 the monthly international rig count was initiated by Baker Hughes. What’s interesting, the North American rig count is scheduled to be released at noon Central time on the last working day of each week. The international rig count is scheduled to be released on the fifth working day of the month at 5:00 a.m. Central time.

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Baker Hughes Incorporated announced today that the international rig count for August 2016 was 937 down 1 from the 938 counted in July 2016, and down 200 from the 1,137 counted in August 2015. The international offshore rig count for August 2016 was 228, up 2 from the 226 counted in July 2016, and down 42 from the 270 counted in August 2015.

The average U.S. rig count for August 2016 was 481, up 32 from the 449 counted in July 2016, and down 402 from the 883 counted in August 2015. The average Canadian rig count for August 2016 was 129, up 35 from the 94 counted in July 2016, and down 77 from the 206 counted in August 2015.

The worldwide rig count for August 2016 was 1,547, up 66 from the 1,481 counted in July 2016, and down 679 from the 2,226 counted in August 2015.

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This is the weekly comparison of counted rigs in U.S. now and in 2015. As you can see, it really gives clear overview on whole situation. There was a constant decrease until June 2016, and there is slightly growth from it till now.

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sources:

phx.corporate-ir.net

bakerhughes.com

aogr.com

investopedia.com

infomine.com

 

SAGSC registration is still open

SAGSC registration is still open

South Asian Geosciences Student Conference (SAGSC) is an International Geosciences student conference held by Society of Exploration Geophysics (SEG). It is the second event of its kind in South Asia and SEG UGM-SC is trusted to be the host for this event. The event is managed to provide various technical and non-technical activities in the 4-Days conference. There will be Grand Ceremony, Exhibition, Lecture, Conference, Competition, Geo Bowl, Field Trip and City Tour.

This event is widely open for geoscience students who want to focus on crossing the boundaries between all of the geoscience branches such as Oil & Gas, Geophysics, Near-Surface, and general Geology so they are able to share and furnish their ideas and curiosity while interacting with the experts, sharing knowledge, making relations also network, and many more. The SAGSC 2016 will consist of many extraordinary research topics within a very interesting student environment which enable students to carry out mutually beneficial work.

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2nd SAGSC 2016 will be held on August 22nd – 27th 2016 at University Club Hotel, Universitas Gadjah Mada, Yogyakarta, Indonesia. For further information please check our website www.sagsc2016.ugm.ac.id or directly contact us on : sagsc2016@ugm.ac.id ; Twitter : @sagsc2016 ; Line : @pfs1476m ; Facebook : sagsc2016.

See you at Yogyakarta, Indonesia!

Innovate Integrate Motivate

Innovate Integrate Motivate

This year another contentwise valuable event took place. It was organized by young, developing and determined people to bring together world-class specialists in geology and geophysics, who are really keen to share their knowledge with students from all around the world. From 11-14 of July 2016 they were attending 7th International Geosciences Student Conference in Katowice.

During the conference participants might join in lectures and workshops conducted by world-famous scientists and industry specialists. For young students it was a great opportunity to gain one of the most valuable experiences during their academic years. The accompanied trips (Szczawnica field trip, Jurassic field trip and coal mine sightseeing) was also a nice accent and valuable in geological sense experience.

This year’s IGSC motto was “Innovate, Integrate, Motivate”. Themes was various, which confirms the wide spectrum of presented abstracts: geology, geophysics, oil&gas, polar and environmental studies.

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Awarded papers in oral presentations:

  • Geology- Damian Ostrelic, Duje Smircic- Petrographic and Geochemical Characteristics of the Middle Triassic Volcaniclastic Deposits from Lika, (External Dinarides, Croatia)
  • Geophysics I – Marcin Duda, Simen Hall, Elvis Bossman, Jude Egbue, Muritala Busari, Lara Blazevic – Localice – Integrated GPS and Hydroacoustic Iceberg Tracking
  • Geophysics II – S. Marzi, G. Bernasconi, A. H. Mansi, E. Farshchiansadegh, B. Taleghani – Towards Marine Controlled Source EM (M-CSEM) Data Inversion: Sensitivity Analysis
  • Oil&Gas – Rashad Gulmammadov, Stephen Covey-Crump, Mads Huuse – Seismic Geomechanics of Mud Volcanoes from the South Caspian Basin – Implications on Drilling

Poster presentations:

  • Geology – Nabelek Ladislav, Mazanec Martin, Kdyr Simon, Kletetschka Gunther – Magneticmineral Characterization of Chelyabinsk Meteorite Thin Section
  • Geophysics – Caputa Alicja – Analysis of Post-blasting Source Mechanisms and Seismic Spectra of Tremors in Rudna Copper Mine, Poland
  • Oil&Gas – Jaewook Lee, Joongmoo Byun, Bona Kim, Soyoung Kim, Dong Geun Yoo – Sweet Spot Identification for Gas Hydrate Reservoirs in Borehole Free Field
  • Polar and environmental studies – Hafiz Mohammed Nazifi, Levent Gulen – Groundwater Investigations in the Granite Formation of Ghana Using Integrated Geophysical Methods

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It was a pleasure to partake in such event. Getting experience, sharing your knowledge and knowing new people is always a good idea. Here you can find the conference proceedings: http://www.skngf.us.edu.pl/igsc/download/Conference_Proceedings_7th_IGSC.pdf (there are full versions of presented abstracts). See you next time at International Geosciences Student Conference!

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