Global Valve and Controls
13Mar/17Off

A world without drilling

Are we ready to stop drilling?

What would happen if all the drilling for oil and gas stopped all over the world? Is that even possible? It is very hard to imagine as we have well over 700,000 oil wells! I found this fascinating as there is already a plan put in place in the UK, called NEST or National Employment Savings Trust, recently announced it was moving 10 percent of its investments toward firms that work to reduce climate change and create more environmentally-friendly methods of energy use. NEST will be focusing more on renewable energy such as solar and wind and less on extracting energy which is a sign of climate change. It sounds a bit dramatic to stop all the drilling all of a sudden but further research shows there might be something that both sides can agree on.

The method is to find a plan which is not as expensive and reduces pollution. Washington State University researchers recently published findings indicating they have found a better method of conducting a significant catalytic reaction frequently used in the oil and gas industries. If it’s widely adopted, the energy savings and reduced pollutants could be impressive. Their method is to place a small amount of carbon within the catalyst that breaks apart the carbon and hydrogen in methane. The increased amount causes the creation of nickel carbide. One of the researchers at WSU also noted that the current process is very wasteful and that converting methane without the burn that produces gas would benefit energy providers and the environment. A win-win for both sides!

It is very hard to tell if the new process will affect the global market and how it will affect as businesses have not yet started using this new method of extracting oil.

To read more information about this new method, please visit this website: http://www.theenergycollective.com/mnichols/2400104/new-research-help-save-oil-gas-money-environment

Valves such as our GVC BV6000 is a an example of a valve that can be used in oil wells for drilling. http://gvcintl.com/products_threaded_and_socket_weld_valves.html

 

 

16Feb/17Off

Information about the Dakota Access Pipeline

Dakota Access Pipeline facts

Who owns the pipeline? It is a joint venture between Energy Transfer Partners, Sunoco Logistics Partner and Philips 66, Enbridge and Marathon Petroleum.

What are some of the valves that the pipeline might use? Trunnion Ball Valves are the most popular, but Gate Valves, Globe Valves, Check Valves can also be found.

How much will the pipeline project cost? Roughly 4 billion dollars.

How much oil will the pipeline carry? 470,000 to 570,000.

What is the main purpose of this pipeline? It is very controversial but the main principle that has been recorded is that the pipeline will free up the rails which can carry more grains and consumer friendly goods.

Where is the pipeline located and where will it pass through? The pipeline route runs from the northwestern North Dakota Bakken and Three Forks sites. It starts in Stanley, North Dakota, and travels in a southeastward direction to end at the oil tank farm near Patoka, Illinois.

Is pipeline safer than rail? Although trains can get derailed, it is very rare. This perhaps will never get answered as pipelines too can have problems but as long as they are properly maintained the risk should be low.

Will the Dakota pipeline be the only one in the area? No, there are actually 7 other pipelines that are located near Lake Oahe.

Is the Dakota Access Pipeline near completion? Since President Trump has signed the papers regarding the pipeline, it should be completed sometime this year.

Global Valve Controls ANSI600 Expanding Gate Valves

Source: http://www.npr.org/2017/01/28/512096744/as-trump-reboots-pipeline-expansion-an-unexpected-delay-emerges

 

16Dec/150

No more drilling in Bristol Bay

Environmentalists and nature lovers have received the news they have always wanted to hear; their precious Bristol Bay in Alaska is under the protection of President Obama, and there will be no further disruption to the ecosystem. The reason that Mr. Obama has put these waters under his protection is because, Bristol Bay is home to the last pristine salmon ecosystem in North America and stands unmatched in its productivity. Nearly 50 percent of the world’s wild sockeye salmon come from these waters.” This bay is a jewel for the people who live near or around it as it supports and creates at least 12,000 jobs for the fishermen and processors and provides in the millions of dollars in jobs for commercial fishermen. ”Removing Bristol Bay from future offshore drilling plans is the right decision. We congratulate Bristol Bay leaders for their vision in ensuring that America’s “Fish Basket” will continue to be one of the richest ecosystems and a source of sustenance for people in Alaska and around the world.”

Bristol Bay has not always been so fortunate; many years ago many oil and gas developers were seeking this particular area for drilling.

http://www.worldwildlife.org/stories/alaska-s-bristol-bay-protected-from-oil-and-gas-drilling

 

 

17Nov/150

New Pipeline in the Midwest

Energy Transfer Partners, L.P. & their partners Phillips 66 is planning to install a pipeline carrying highly volatile and flammable crude oil through the state of North Dakota, South Dakota, Iowa, and partial Illinois; the I.U.B. Iowa Utilities Board is under discussion about whether or not they want this pipeline to be built through 18 counties and numerous watersheds, which will impact the ecosystem, not to mention many generations homes will be tarnished.

In June 2014, the project Bakken Pipeline published to the public is 1,134 miles underground and landowners attended informational hearing in the four states between August 2014 and January 2015. End of October of 2014 a submitted proposal to I.U.B. and submitted for a permit in January of 2015. The pipeline cost is $3.78 Billion dollars.

280 residents signed up to speak for and against the project on Thursday November, 12th 2015. Energy Transfer hopes to have the pipeline operational by late 2016.

11 days of hearing begins Thursday November 12th through December 2nd, the decision to be made whether or not this pipeline will be installed through IOWA will be by early January of 2016.

Who wants a job? I know I sure do, Energy Transfer states ‘2,000 to 4,000 jobs would be provided in Iowa during construction, and Iowa would receive about $50 Billion in sales and income taxes during construction.”

Everything that I have read so far, from a promise to a black and white paper writing document, jobs; jobs; jobs; and more jobs will be provided to skilled welders, mechanics, electricians, pipe fitters and heavy equipment operators.

Which will mean GLOBAL Valve & Controls have an opportunity to offer their upmost competitive API 6D Valves; these valves will be installed along the pipeline to shut off the flow of oil through pipe sections in an emergency.  (This one is an iffy).

The pipeline project must win approval from regulators in three other states in addition to IOWA.

 

Credits: http://ireport.cnn.com/docs/DOC-1281382 / https://en.wikipedia.org/wiki/Bakken_pipeline / http://www.desmoinesregister.com/story/news/politics/2015/11/12/bakken-pipeline-clash-begins-boone/75569442/

9Nov/150

TransCanada’s Keystone XL Pipeline

TransCanada’s Keystone XL pipeline has been a widely debated topic since 2008. On Monday, November 2nd 2015 TransCanada requested to delay the review of their Keystone XL pipeline. The request was denied by the U.S. State Department just two days later. TransCanada wrote a letter to Secretary of State John Kerry stating their request for a delay was because of unresolved issues in Nebraska that would dictate the exact path that the pipeline would take through the state. The rejection of the review came as a surprise to many people, because just last year the State Department temporarily stopped the review for very similar reasons regarding the pipeline’s route through Nebraska. There has been much speculation whether that is the true reason for TransCanada requesting a delay. Some suggest that economic or political issues are why TransCanada is now requesting a delay to the review that they have been trying to get approved for over seven years now. With the price of oil being much lower than in recent years, TransCanada’s profit margins would be greatly reduced. From a political standpoint, it has been suggested that the Keystone XL pipeline will have a better chance of being approved by a potential Republican Party presidential candidate, instead of President Obama, who has already voiced his concerns on the matter.

 

http://www.bbc.com/news/world-us-canada34716181

http://www.washingtontimes.com/news/2015/nov/4/obama-rejects-request-suspend-keystone-review/

19Oct/150

New oil discoveries in the Arctic

Earlier this year, we blogged about an article where millions and billions of oil reserves were discovered in Siberia, well who would have figured out that there was also billions of oil in the Arctic?

According to preliminary estimations, the Arctic reserves have nearly 100 billion tons of fuel, Alexei Kontorovich, Director of the Institute of Petroleum Geology and Geophysics of the Russian Academy of Sciences, told journalists.

Although this information turned out to be true, it is still being decided on who gets what and how much. Currently, as I write, this institute has started exploring in the Pechora and the Barents Sea to the mouth of the Lena River, “These are the regions which are now thought to be the largest oil fields.” They have also figured out that two of Russia’s largest companies are actually involved in their own exploration but are not reporting information to the scientists.

 

http://sputniknews.com/russia/20151012/1028418822/russia-arctic-oil.html

 

15Oct/150

Building a pipeline through Tanzania and Uganda

There are plans to build a pipeline between Uganda and Tanzania. Tanzania Petroleum Development Corp, Total E&P Uganda and both of the country’s energy ministries are all involved. The route however has not yet been decided as there are risks involved depending on which direction they take.

“Although Uganda said in August it had agreed to the Kenyan route, it said Nairobi had to guarantee security for the pipeline, along with financing and cheaper fees than alternatives. The Kenyan route raised some industry concerns because it would run in a region in the country's north where security is poor, and near the border with Somalia from where Islamist militants have launched attacks on Kenya.”

Uganda is very keen on building the pipeline on the east side of the African coast so that it will be easier to ship its crude reserves. Uganda stated that it wants to start oil production by 2018. The problem still remains; picking a route through Tanzania could slow some projects in Kenya, which are planned to work right alongside the pipeline.

http://www.theafricareport.com/East-Horn-Africa/oil-a-gas-uganda-tanzania-to-study-possibility-of-crude-oil-pipeline.html

1Oct/150

ExxonMobils Torrance plant SOLD!

ExxonMobil Corp. is selling its Torrance plant in Southern California. The plant is set on 750 acres and produces almost 2 billion gallons of gas every year. The company to buy is PBF Energy; they are one of the largest independent oil refiners in North America. ExxonMobil has been trying to get rid of the plant since the beginning of last year, but an explosion more than 6 months ago has caused the sale to cease.

The shutdown led to a shortage of gas that meets California's stricter pollution regulations and caused higher prices at the pump for drivers in the state.

PBF Energy states that the plant will begin working again as early as next year.

"I really do believe this is good for PBF and Exxon Mobil, and it's good for California consumers," Kloza said. "Having Exxon Mobil operate a refinery in a state that has declared they want to minimize fossil fuels was ... a bad marriage."

The sale also includes a 116 miles section pipeline that delivers San Joaquin Valley crude to the refinery and pipes that provide access to the Port of Long Beach and Los Angeles. Currently the employees working at the plant will be offered jobs through PBF Energy instead of ExxonMobil.

http://www.pennenergy.com/articles/pennenergy/2015/10/exxon-mobil-to-sell-troubled-southern-california-refinery.html

4Sep/150

New technology introduces walking rigs

This is something I have never heard of and when I saw it I knew I had to blog about it. Have you ever heard of walking rigs?

According to http://www.rigzone.com/news/oil_gas/a/140379/Walking_Oil_Rigs_Spur_Cheaper_Quicker_Drilling_in_Supply_Glut, rigs are now being manufactured that they can walk themselves to the next nearest well on their very own. How will this new technology be more efficient? Well, in the past a rig would have had to be dismantled and then moved to its next spot and rebuilt again to start drilling. The downside being that companies such as, “Helmerich & Payne, Nabors Industries Ltd., and Patterson-UTI Energy Inc., that provide the equipment face investor concern that the improvements they’ve made might translate into fewer sales in the future.”

Rigs are not the only ones that are being made more efficient in the oil and gas industry, 3-D seismic imaging is being created by Schlumberger Ltd, Halliburton Co. that can track where cracks are going in the sol when drilling.

 

http://www.rigzone.com/news/oil_gas/a/140379/Walking_Oil_Rigs_Spur_Cheaper_Quicker_Drilling_in_Supply_Glut

18Aug/150

Abandoned mines in Colorado contaminate waterways

What happens when mines leak heavy metals –laced muck into lakes and rivers? Dead fish begin appearing, human drinking water becomes contaminated, thus human health declines. Colorado officials are trying to think of ways to clean up the mining mess. Roughly, 230 old mines are leaking this muck into all the waterways nearby.

These old mines have leaked so much for so long, thousands of gallons a minute that state agencies don't track the combined toxic flow. But by the estimates at sites where the Environmental Protection Agency has stepped in, the overall discharge equals at least one Gold King disaster every two days — spreading cadmium, copper, lead, arsenic, manganese, zinc and other contaminants.

Colorado officials are doing the best they can in cleaning it all up, but it doesn’t seem to be enough. Currently, 1645 miles of rivers are contaminated specifically from the mines. Complaints of cheap labor seem to be a huge issue. Restoring these lakes and rivers back to their natural state might take decades if not longer. State mining officials have spent $12.3 million on mind-reclamation work between 2009 and 2014.

 http://www.denverpost.com/environment/ci_28647978/colorado-faces-230-mines-leaking-heavy-metals-into