Denbury sells $1.3Billion of assets to Exxon Mobil
Denbury has sold its Bakken Shale assets to Exxon Mobil for 1.3B along with its properties in Texas and Wyoming.
“Denbury (NYSE: DNR) plans to use the proceeds of the deal to purchase additional oil fields in the Gulf Coast or Rocky Mountains. In September, Irving-based Exxon (NYSE: XOM) announced it would purchase about acquire about 196,000 net acres in Bakken Shale property in North Dakota and Montana.”
Forged Steel Valves
Forged steel valves are used in Oil Refining and other industrial applications where forged steel material is required. Higher pressures and temperatures are usually involved and the line size is generally under the size of "2". In other conditions, forged steel valves might be a good choice for better performance, such as system requirements for socket-weld piping and compatibility of media. Forged check valves, forged gate valves, forged globe valves are a few of the different types and depending what the media is, depends on which one is used.
GATE VALVES are used for on-off operation on hydrocarbon , general process, and utility service for all temperature ranges.
GLOBE VALVES are used for flow regulation or as a block valve where high resistance to flow is not a disadvantage and a positive closing action is required.
CHECK VALVES are required to permit forward flow and prevent reverse flow. this is achieved through linear or rotary ( angular) motion of a closure member which is kept open by flowing fluid.
When the flow is reduced towards zero, or reversed, the closure member is moved against its seat by forces due to gravity, supplementary springs and back pressure.
As the nation increasingly seeks sources for renewable energy, dams and the thousands of valves they contain will only become more important.
When we see a majestic dam, with its huge face of concrete holding back acres of water, probably the last thing we think of are the valves it takes to make them operate effectively
“The purpose of the valves in these structures is to adjust the output of the reservoir that forms behind those dams while maintaining the proper reservoir depth, both in times of flood and in drought. Looking at the top of a moderate-size dam, we would see a number of rolling gates or sluices that provide the modulation of flow necessary to balance water supply and demand. In fact, the most common style of gate or valve used is a rolling type, which functions very similar to a sluice gate valve that is open at the top. Although this is technically a valve, these gates are not at all like the valve designs used in other industries.”
Design - Ball valves have a chamber with a spherical ball that has a hole bored into it. The ball is connected to a handle, which increases or stops the flow.
Benefit - Ball valves allow the user to see exactly what position the valve is in. If the handle is perpendicular to the line, the hole is facing perpendicular to the line, and therefore is fully closed.
Application - Ball valves are used in high-pressure and shutoff applications, because they do not wear easily.
Design - Globe valves have a plate with a hole in it, and a disk or plug completely or partially fits into the hole, slowing or stopping flow.
Benefit - Globe valves offer greater precision than other valves when it comes to regulating flow.
Application - Globe valves are used in applications where flow needs to be finely tuned, they are designed to restrict flow.
Check out GVC’s line of ball, gate, globe and check valves here.
It must be awful living in a small city, and the city decides to start drilling oil wells. Not just because of the noise, but because if the wells are not drilled the proper way- it could be very dangerous for the people who are living nearby, Even when if the wells are 800 or more feet away from where you live. I’m just hoping that the valves they use are good and will do their job in preventing major gas leaks.
“Wells drilled hundreds to thousands of feet into the ground are sealed in cement, either partially or all the way to the source of natural gas. If they are not properly encased, activists say, methane and other chemicals and substances can enter the aquifer. Hence the horror stories of people lighting their water on fire…”
Hybrid industries have to be able to rely on automation at the points when continuous production changes to discrete production. And the pneumatic systems will not let them down: Controlled DFM drives, DNC standard cylinders or ADVU compact cylinders perform their service indefatigably when it comes to gripping bottles or crates, lifting them or transporting them onwards. They can be reliably controlled by compact CPV valve terminals. The pneumatic solutions are to be found in crate sorting systems, palette-loading robots, in bottle washing machines and, it goes without saying, in the bottling systems themselves. In the Innoclean bottle washing machine from KHS, Copac drives of type DLP from Festo are responsible for opening and closing gate valves for supplying the cleaning fluid.
From process to factory automation: Pneumatic valve terminals and drives are in their element not only in the brewing process, but also in bottling and packaging.
The prosperity of the valve industry has been shown in many fields. Actually, there is great variety of the types of the valve. All these types are making their own contributions to the development of the whole modern industry. As we all know, Flanged Ball Valves are made to control the flow of gases, liquids and granular solids in many systems. In order to meet various requirements, valves are designed and manufactured with a wide range of the types, sizes, materials, working temperature and pressure and means of actuation and so on. At this moment, we take the type of the ball valve and gate valve out for a comparison. Learn more about flanged valves below.
Flanged Valves Related articles
- There Are All Kinds Of Valves - Check out the Leader in Pipeline Valves (globalvalveandcontrols.com)
- Ball Valves - Are They Useful? (globalvalveandcontrols.com)
- Selecting A Butterfly Valve For An Application (globalvalveandcontrols.com)
"In the fierce market competition, and who has the right technology, who has excellent product quality, who can constantly develop new products, who will be able to head start in the competition won." Zhejiang Yongjia Valve Association, Inter-Xuan Ye May 21, held in Hangzhou, China General Machinery Industry Association, the fifth branch of the second valve, said members of the General Assembly.
The overall level of the industry needs to be improved
Valve oil, chemical, power station, long-distance pipeline, shipbuilding, nuclear industry, a variety of low-temperature projects, aerospace and marine oil and other economic sectors indispensable fluid control equipment. After 20 years of development, China is about 6000 companies of all sizes valves are more than the number of firms in the world first, in which more than 5 million yuan annual output value there are 900.
From the product point of view, China's valve industry is now capable of producing more than a dozen major categories products, such as gate valve, globe valve, ball valve, butterfly valve, safety valve, check valve, throttle, plug valves, pressure reducing valve , diaphragm valves, steam traps, emergency shut-off valve and so on, the maximum temperature reached 570 , a minimum of -196 , the maximum pressure of 600MPa, the largest diameter to 5350 millimeters.
In addition, according to the relevant sectoral statistics, China's valve market turnover each year up to 500 billion yuan, of which the market been more than 100 billion yuan of foreign occupation of the valve business. Although the reform and opening up of China's valve industry made great progress, but there are still some problems: Since the low-level redundant construction, resulting in the valve leading products companies continue to be low-end mass products.
In addition, China's current production of various valves widespread leakage, internal leakage, appearance quality is not high, short life, the operation is not flexible and valve electric devices and pneumatic devices are not reliable shortcomings, some of the products only is equivalent to the early 80s of last century the international level. Some high temperature and pressure and critical devices in need of the valve is still dependent on imports. In addition, the industrial structure of China's valve industry, valve industry, industrial chain, as well as the degree of specialization and other aspects of the industry, both in comparison with foreign countries there is a big gap.
Industry expert analysis, resulting in poor product quality of domestic valve is mainly due to: the market rapidly expanded, the original state-owned enterprises have Guantingbingzhuan valve, private enterprises developed rapidly. The starting point for private enterprises is low, technical force is very weak, poorly equipped, the products are mostly to imitate the production, especially in low-pressure valves used in water supply and drainage, a problem more serious.
Driven product development, technological innovation
So how do you break through this bottleneck and speed up the valve industry development? China General Machinery Industry Association valves Branch of Bank of legislation that the Secretary-General's Song, according to the valve market changes and the future national development projects for some time and related policies of the next valve business of technology and product development should focus on the following aspects:
In product development, it is necessary for large projects, one developed complete sets of Engineered Valves, and second, focus on the multi-species and multi-product manufacturing specifications. Based on the current national key project development plan, the valve industry, "Eleventh Five-Year" period and the demand for the next few years, mainly in long-term pipeline valves, "Water Diversion Project" and other fields. Only long-term pipeline valves, "Eleventh Five-Year" and the coming years are also expected to build 20,000 km of gas pipeline, pipeline ball valve for large great demand. "Eleventh Five-Year" period is expected to a new high-pressure pipeline 5,000 kilometers of crude oil requires large-diameter high-pressure valves more than 3,000. "Water Diversion" is China's cross-century project, east, central and western third line needs a total investment of more than 450 billion yuan. Among them, the Eastern Water Project required a large number of large-diameter valve, special square valve, special valve and pump stations supporting the valve.
In technological innovation, we must attach importance to the adjustment of product structure, research and development and international leading level of high value-added products is crucial. West-East line in charge of the tender, the domestic enterprises to defeat the valve is a painful lesson. Learn from their mistakes to the revitalization of the valve industry must be developed with high technological content and high added value, with the international leading level of valve products.
The implementation of technical innovation, research and development of new products, enterprises have couple of choices: First, scientific research institutions and institutions such as the recent Kaifeng High Pressure Valve Factory and a subsidiary of Chinese Academy of Sciences, "3D" company co-developed power plant boiler main steam valve is the leading international standard of products, its "pressure drop" significantly below international standards, in the power plant industry has a very broad prospects; second, in cooperation with foreign countries or to take the form of technology import, Zigong High Pressure Valve Co., Ltd. and Italy Simbi Long the company's co-operation to shorten our product in the valve gap with foreign countries. Of course, the conditions of the enterprises also can be independently developed.
In market development, the diversification should be implemented sales strategies, and strive to open up the international market. To open up international markets, we must first focus on the cultivation of foreign trade; Second, we must learn to use the Internet and information technology, to capture business opportunities; third can be some domestic foreign trade companies, with its channels to increase exports; the fourth is qualified enterprises can be set up outside the point of sale, or setting up factories.
Industry experts believe that the industry as soon as possible to change the status quo between the low-level redundant construction, the most effective way is through the joint between enterprises, mergers, and restructuring to achieve corporate expansion capital to further expand its market share, so as to stand in the competition unbeaten. This is more popular in today's international economic practices, but also the future direction of development of the industry during the valve problem. As long as there are joint enterprises may be may be so bold to try and break regional boundaries, breaking the boundaries of ownership, breaking the traditional boundaries of the professional division of labor, and strive to build a number of short-term value of more than 500 million yuan or 10 billion enterprise groups.
Hangzhou?? The Yangtze River Delta cities, the Yangtze River Delta is the economic center of China and Asia, high-speed advanced industrial economies, high-density cluster, creating a triangle of industrial, manufacturing base and a large international consumer market.
Zhejiang?? China's largest valve manufacturing center, major international manufacturing and processing base for pump and valve industry. According to official statistics, the valve industry in Zhejiang Province in recent years the average rate of more than 30% growth in 2004 to complete valve output value of more than 160 billion yuan, accounting for one third of valve more than 45 billion yuan output value, click here Projections to 2010, is expected to reach 50 billion yuan. Zhejiang valve industry has become an important part of Zhejiang and the main source of income. This session sponsored by the Federation of Machinery Industry, Zhejiang, Hangzhou Shi Exhibition Services Ltd. in the "2006 China (Hangzhou) Valve & Pipe Trade Show" in November 2006 from 16 to 18 in Hangzhou Peace International Convention & Exhibition Center .
Welcome Chinese and foreign valve pipe manufacturer, the company, multinational companies, traders, agents actively involved in collusion opportunities!
Pumps: centrifugal pumps, vacuum pumps, metering pumps, chemical pump, oil pump, process pump, sewage pump, pump, pump, multistage pump, corrosion pump, pneumatic pump, pipeline pump pulp pump, air pump, submersible pump, swimming pool pump, pump, magnetic pump, gear pump, screw pump, circular pumps, high viscosity pump, trash pump, and other special pumps; pump package and supporting equipment and classes.
Valve products: gate valve, globe valve, throttle, instrument valves, plunger valves, plug valves, ball valves, butterfly valves, check valves, pressure reducing valve, safety valve, steam trap, control valve, drain valve, other special use valve; valve supporting products and related accessories.
Pipeline Products: all kinds of pipe, tubing, related pipes, fittings, connectors, and a variety of equipment, duct cleaning equipment, pipe production technology and manufacturing equipment.
Related Equipment: valve production, manufacturing equipment; testing, testing machine; maintenance tools and equipment installation; related products and ancillary equipment
Government organizations: planning, water conservancy, urban construction management committee, EPA, environmental monitoring stations; Ningbo municipal government purchasing groups, purchasing groups and other Jiaxing City
Terminal procurement on behalf of: electric power, metallurgy, petroleum, chemical, pharmaceutical, textile, pulp, paper, food, beverage, beer, water companies, sewage treatment plants, real estate companies, property management, and procurement staff, relevant technical staff
Intermediate purchases on behalf of: agents, distributors, traders
Project design unit, construction units, construction units:
Industrial equipment, electrical and mechanical installation of long-distance natural gas pipeline project for urban construction, water supply, gas supply, heat supply, sewage treatment project construction, HVAC, fire, gas installation, boiler, steam, heating, heating engineering
Publications: "valve", "pump technology", "HC Business Advertising", "Petroleum Engineering Construction", "Environmental Protection", "universal machine", "China Chemical Industry", "Valve World", "valve" "China valve supplier," "Today, pipe fittings", etc.
Site: China Valve Network, Valve Business Network, HC Network valve channel, China Valve Network, China Valve Network, China Petroleum Machinery Net, China pipeline Business Network, China's environmental network, HVAC and Water Equipment Website, China Valve Information Network.
Newspaper: China Industry News, China Petrochemical, China Trade News, China Oil News, the China Chemical Industry News, Zhejiang Daily
TV: Zhejiang Satellite TV, Jiangsu Satellite TV and Anhui Satellite TV, Shanghai Oriental TV, Hangzhou Television
Standard booth: 9? (3m 3m)
Standard Configuration: Circuit boards, tables, chairs, spotlights, sockets, lintel
Domestic enterprises: one open booth 6800 yuan / dual opening booth 7300 yuan / month
Foreign companies: one open booth $ 1,200 / dual opening booth $ 1500 / month
Domestic enterprises: 700 /? Foreign companies: $ 100 /?
Indoor Raw Space: 36m (excluding any exhibition facilities
Catalogue publicity and advertising services
The General Assembly will prepare exquisite Proceedings 10000?, Published in Enterprise Information distributed to the buyer for the link, the order by. Exhibitors can publish 200-word free enterprise or product description. Directory Advertising prices are as follows:
Journal of Advertising will be on site and other advertising
Item price item price item price
Cover Color Hurdle 9000 yuan 18,000 yuan 5,000 yuan ticket advertising / 20000
Color inside back cover 15,000 yuan 10,000 yuan 4,000 yuan invitations / 10 000
Inside front 8,000 yuan, 2,000 yuan inside pages black and white balloons banners 4,000 yuan / extension
Inside back cover information bar 500 yuan to 6,000 yuan 10,000 yuan arch / extension
1, according to "application form" Request official seal the completed form by fax or mail to the organizing committee.
2, within 7 working days will be exhibiting at the cost wire transfer or transfer to the organizer in the designated account, enterprises outside the province will transfer to the Organizing Committee.
3, Undertaker after receipt of participation fees, levied on participants issued a "Confirmation of Participation." After all issued shall pay the "Manual Registration" (includes exhibition tickets, hotel hospitality, exhibits transport notes, etc.). Exhibitors drop-outs and exhibition fee is not refundable.
Conference Organizing Committee Contact:
Address: 381 New Road East, Hangzhou Tel :0571-85380595
Post Code: 310004 FAX :0571-85380592
Contact: Mr. Chen Lin 13003636495 E-mail: email@example.com