Global Valve and Controls
27Jan/16Off

New regulations help limit the amount of methane gas

Great news except for the people in the fossil fuel industry, new rules have just been put into place when burning methane gas. This will be the second time this year that new rules have been discussed. "Methane is a main component of natural gas, but during the production of gas and oil, methane is often both unintentionally and intentionally released into the atmosphere."

Part of the new regulations is that it involves the oil and gas companies to buy new equipment which limits the amount of methane that is released into the atmosphere. Bad news is that this new equipment could cost a pretty penny, as well as increase the cost of drilling on public lands.

"A year ago Obama announced a goal to cut methane emissions from the oil and gas sector by 40 to 45% over the next 10 years. The Interior Department’s new rules are in line with this goal."

Good news is that not all in the industry will oppose the new rules as methane could also be used as a power source, meaning that that the gas can be captured and sold. For example, "the amount of methane that was emitted from oil and gas drilling between 2009 and 2014 was enough to power more than 5 million homes for a year!"

New Rules Limit Methane Emissions From Oil, Gas

 

22Jan/16Off

Solar energy rises

Despite the falling oil prices ( now lower than ever), the solar, wind and energy industry is on the rise for power. The industry is keeping up with the latest technologies and therefore being extremely competitive all around the world. For example. India who's air quality is very poor due to pollution will be using clean energy to reduce waste. Another example, "China is cutting back its use of coal, the dirtiest fossil fuel, even though it’s cheap. Developing countries in Africa, where many people don’t have access to a central power grid, are pursuing solar projects as a quicker and less costly way to provide electricity. Wealthier countries are using solar to create micro grids that can keep the lights on when storms like Hurricane Sandy knock out the grid."

Whereas oil is mostly used for transportation, the energy industry is more commonly used for power plants that produce electricity. This is definitely new news, as "the last time oil was at this price, the cost of renewable s was much higher." As a result, the solar, windy and energy industry is very desirable and here to stay it will only rise higher and higher.

 

http://news.nationalgeographic.com/energy/2016/01/160122-why-solar-and-wind-thrive-despite-cheap-oil-and-ga/?utm_source=Twitter&utm_medium=Social&utm_content=link_tw20160122news-solarwind&utm_campaign=Content&sf19434879=1

 

 

20Jan/16Off

Global Valve and Controls Series CFS

Let's take a look at the  CFS valves. What are they? What are they used for? What sizes are available, materials, I promise all your questions will be answered right here, and if they are not, well now you know who to contact.

The CFS is one of our widely used ball valves; it is used in a wide variety of industries such as oil/gas, petrochemical , pulp and paper , skid package equipment. If you are wondering what is so special about this particular valve. I would say it is considered a high quality, low maintenance ball valve and the price is very competitive compared to other brands. Take a look at some quick facts:

  • Sizes 2" - 12" ANSI Class 150-300
  • 2-Piece Body Floating Flanged Design, Full, or Reduced Port
  • Raised Face and Ring Type Joint Ends (RTJ)
  • Self-cleaning, Leak Tight Slotted Seat Design
  • NACE MR0175 Approved
  • Design and Tested to API 6D
  • Fire Tested according to API 607 Standards
  • Floating Ball Design prevents Cavity Pressure Build-up while the Valve is open
  • Wide Variety of Exotic Alloys for Body and Trim
  • Wide Choice of Seat Material (TFM Standard)

Flanged Ball Valves

 

15Jan/160

The regions of O&G most at risk

Testing Thru Conduit Gate Valves / Pipeline Gate Valves for an in the field project

Testing Thru Conduit Gate Valves / Pipeline Gate Valves for an in the field project

A recent study shows which regions are most at risk when it comes down to cutting jobs and employees. If you remember, for the past 9 (almost 10)  years, oil was booming every where because of the new shale findings. To name a few; Bakken, Eagleford, Utica, Permian, and Grand Total and a few others was the reason the oil&Gas industries and the oil boom started soaring like never before. To be more precise, data shows that the employment in 248 counties where shale was being discovered rose by 5.6%. Not only did the oil boom create thousands of jobs but also raised their pay scale by 48%.

Unfortunately, as oil prices came crashing down, "many oil producers have cut back on new drilling, many boomtown counties face the prospect of a painful oil bust. That said, many of the production gains in those counties have come from improved methods and technologies that generate more output per worker."

While many were laid off, the lucky ones who kept their jobs are now using the new technology as mentioned above. For example, back then, many oil producers were drilling vertical holes in the ground but now, "increase in the amount of oil and natural gas being produced by advances in horizontal drilling."

To see more data comparisons visit: http://www.cnbc.com/2015/12/04/oil-and-gas-job-cuts-the-us-regions-most-at-risk.html

 

13Jan/160

The positive outcome from low oil prices

The price per barrel of oil continues to go down, some states the price at the pump is just above $1. This has not happened since 1999. Many large oil and gas companies are continually downgrading their employees, but the positive outcome of the low oil price is that the hundreds of people who are at the pump are also saving hundreds of dollars every week. "An additional $500 to $800 in their pocket to spend last year. That’s enormously helpful and what happens is they spend it. You have more consumer demand – the business have to hire,”

While the Oil and Gas companies are not booming as they have been, we are beginning to see an increase in the US solar industries." The US solar industry now employs more workers than oil and gas, a new report from the Solar Foundation claims, with most of the jobs in power panel installation." By the end of last year, we saw the increase in employees nearly doubled! That number is now higher than the number of people who work in the Oil and Gas companies.

For more info: http://www.theguardian.com/business/2016/jan/12/us-solar-industry-employees-grows-oil-gas

 

12Jan/160

GVCINTL Cast Steel Gate Valves

We have tweeted, posted it on Facebook and mentioned it on LinkedIn. Finally we are taking the next step and writing a blog about what the GVC Challenge is. I will not get very detailed as if you are interested in this challenge, you must make yourself present and contact the office, however, I will make it more easy for you to decide if you want to or not by educating you on the many products that Global Valve and Controls has to offer. Each week I will go through and state the facts, information and everything you need to know about specific products.

First, let me mention that our customer service is top notch! The GVC team will not rest until we have resolved the problem, being hands on and involved with critical thinking, jumping into the trenches, next to you, whether rain or shine. To top it off, we even have a valve md on standy by 24/7 waiting to answer any questions you have whether technical or non technical.

Our first product I would like to make public is our Cast Steel Gate valves. I've included pictures down below as well.

Quick facts:

  • Cast Steel
  • Gate Valve, OS & Y Bolted Bonnet Design
  • ANSI Class 150-2500
  • Flanged and Butt Weld Ends
  • WCB, CF8M, and Various Other Alloys Available
  • Designed in accordance to API60

Data sheet: http://gvcintl.com/products_cast_steel_valves.html

Cast Steel Gate Valve Gvcintl Gate Valve

 

 

 

5Jan/160

Public education is benefiting from the low oil prices

Believe it or not, there are those that are actually benefiting from the low oil prices and no they are not the people at the pump but the public schools.  How is this so? Well, there are many schools in North Texas, for example, that have oil and gas producing properties within their district boundaries. In turn, many local districts receive millions of money per year in property tax alone.

To give you an idea, Last year, Fort Worth ISD received $9.1 million from oil and natural gas property taxes. Northwest ISD received $20.1 million. Weatherford ISD got over $2 million, and Decatur ISD got $10.3 million, which is over one-third of its total tax base.

The money the schools receive allows them to hire more teachers and pay them well, thus giving the students a better education. It also helps the students have better facilities, programs, and supplies. It is no surprise that while oil continues to go down, public schools will continue to profit from many oil and gas companies. Funds for Texas education come from a variety of royalties and taxes paid by the oil and natural gas industry.
Read more here: http://www.star-telegram.com/opinion/opn-columns-blogs/other-voices/article51557495.html#storylink=cpy