Global Valve and Controls
15Apr/17Off

Will the Trans Alaskan pipeline survive?

The Trans Alaskan pipeline is one of the largest pipeline systems in the world. It is 800 miles long and starts on the North slope of Prudhoe Bay and ends in Valdez. Abbreviated "TAPS", The Trans Alaskan Pipeline System opened up in 1977 and since has had oil flow through. Although, the pipeline was built to out last the most extreme cold conditions that Alaska brings, no one for saw that once oil slows down there would be problems. The line now moves a quarter of the volume it carried at its peak. And as the flows slow, the risks are rising.

Just how much less has the Trans Alaskan Pipeline System been producing? Alaska’s output was 565,000 barrels a day last month, down from a peak of more than 2 million in 1988, according to state data. This doesn't mean that Alaska hasn't had any new oil discoveries since the pipeline was put in, simply it is more expensive to drill in the region because of weather conditions in comparison to the lower 48 states where it is much cheaper such as West Texas.

Why is "slow oil", necessarily a bad thing? Lower volumes mean crude travels more slowly through the pipeline, losing heat along the way. And at low temperatures, crude behaves badly. Ice crystals form that can damage pumping equipment. 

What is being done to keep it flowing? Alyeska heats oil at Pump Station One to 100 degrees Fahrenheit, with a goal of keeping it above 37 degrees by the time it reaches the export terminal at Valdez, Alaska. 

The joint partnership between the three, BP, Exxon and ConocoPhilips have spent around $200 million upgrading the equipment around the pumps at station one. Every four days, a device known as a pig, a sort of industrial Q-Tip, is sent hurtling through the 48-inch-wide pipeline to scrub out debris. This process is not as cheap as it might sound, as yes it does help the oil from freezing but it also comes at a higher transportation cost. The big three oil giants have also been experimenting by using other techniques to keep the oil moving at a maximum speed. For example, injecting water into the ground ( similar to fracking) to speed up the oil process but how much longer can that go on?

Cryogenic valves for NEGATIVE 380 F

 

 

 

 

 

 

 

https://www.bloomberg.com/news/articles/2017-04-10/pipeline-built-to-survive-extremes-can-t-bear-slow-flow-of-oil

 

 

 

28Nov/16Off

New 5 year drilling plan for Alaska

Time and again the Keystone Pipeline has been rejected by President Obama because of the danger it brings to the people who will near the pipeline and the many animals and forests it will displace. Not only has the Keystone pipeline been rejected but an area in Alaska has been banned from drilling; Chukchi and Beaufort seas in northern Alaska. “the five-year plan also bars drilling in the Atlantic Ocean.” However, this particular plan has allowed drilling to go forward in Alaska’s Cook Inlet southwest of Anchorage. This of course can all be changed when Mr. Obama leaves office, but it might take decades to put new policy in place.

While there are those who are against drilling permanently, many residents of Alaska are enraged by this decision. "Arctic development is one of the best ways to create jobs, generate revenues and refill the Trans-Alaska Pipeline," said Murkowski, who chairs the Senate Energy and Natural Resources Committee. "Why the president is willing to send all of those benefits overseas is beyond explanation."

http://abcnews.go.com/Politics/wireStory/obama-blocks-oil-gas-drilling-arctic-ocean-43638881

GVCINTL Valves

Cryogenic Ball Valves used for Neg 380 degrees F

27Jul/150

Oil hits rock bottom, again

Thousands of miles from the shores in the Gulf of Mexico and the Caribbean Sea, stand several hundreds of oil rigs that once upon a time were filled with workers day and night working hard. Once again, oil has hit hard rock bottom at $47 a barrel. It costs an average of $70,000 a day to just run a rig. Many companies are deciding whether or not to send their rigs to a scrap yard or to continue paying out to maintain them. The choice is not an easy one. The ship yards that made these enormous rigs had contracts that were on backorder now those same contracts are being cancelled and/or not renewed for the next year.

"The number of idle drill ships has more than tripled since the beginning of last year to 31, or about one in every four of such vessels floating around the globe, according to data in a Bloomberg Intelligence report. That’s the most since at least July 2008, the data show. About a third of those unused ships are in the Gulf of Mexico and the Caribbean."

Currently, there are 190 rigs around the globe and 46 are now being emptied out.

http://www.rigzone.com/news/oil_gas/a/139759/Oil_Rigs_Left_Idling_Turn_Caribbean_Into_Expensive_Parking_Lot

14Jul/150

Consequences of drilling in the Arctic

Being an animal activist, I am always looking for ways to help the environment and learn how we in the Oil and Gas industry are affecting the environment and how we can help. Until recently there have been a number of oil spills, the most recent and the ones that have affected us the most was the 2010 BP Deepwater Horizon rig that killed 11 people and hundreds of wildlife.  Today, BP is finally paying for it in billions amount of money. Although the BP spill was the deadliest, the Exxon Valadez always comes to mind when 11 million gallons of crude was spilled off the Alaskan coast and although no one died, this oil spill affected hundreds of animals too that forever lost their lives and/or their homes.

Keeping this information in mind drilling in the Arctic becomes a new issue; “The Arctic is estimated to hold the world’s largest remaining untapped gas reserves and some of its largest undeveloped oil reserves. These reserves, if tapped have implications for global climate, and for the Arctic environment.”

Some of the threats associated with tapping in the Arctic are that a small insignificant pipeline leak or any type of accidents big or small will have a major impact on the arctic wildlife and ecosystems. Going back to the BP spill and the Exxon Valadez spill, clean up was possible. Incidents in the Arctic will be almost impossible as the Arctic has cold, icy waters. Because of the climate, the cleanup process will be slow; as a result it will take many, years if not decades for the Arctic regions to recover.  “Whales and other marine mammals use sound to navigate in the water; seismic noise will only disrupt them and will cause stranding and even death.”

At the moment, Shell is trying to get through the government contracts to drill in the Arctic. We can only cross our fingers and hope that there will never be any accidents in the Arctic.

http://wwf.panda.org/what_we_do/where_we_work/arctic/what_we_do/oil_gas/

15Jun/150

Oil prices start to rise again

For almost a whole year oil prices were down, and although this was a good news for many consumers, it was bad news for everyone who lost their jobs due to the oil being so low. Now as the hurricane season is upon us; oil prices are starting to rise and jobs are slowly opening up again. Some of the top companies are taking advantage of this increase in price as their stocks have begun to raise.

"There are eight energy stocks in the Standard & Poor’s 500, including Transocean (RIG), Devon Energy (DVN) and giant Exxon Mobil (XOM) where analysts have boosted what they think the companies will earn in the second-quarter earnings since the price of oil hit rock bottom in March"

ENERGY COMPANIES WITH THE GREATEST INCREASES IN SECOND-QUARTER PROFIT FORECASTS SINCE OIL PRICES BOTTOMED IN MARCH

Company Symbol % ch. Q2 est. * % ch. stock * % upside to 18 mo. target
Transocean RIG 80.9% 26.7% -18.4%
Devon Energy DVN 15.1% 6.6% 21.9%
Marathon Petroleum MPC 14% 4.4% 16.2%
Exxon Mobil XOM 13.7% -0.1% 12.7%
Tesoro TSO 11.3% -6.3% 24.6%
Chevron CVX 8.7% -3.2% 14.2%
Valero Energy VLO 7.5% -1.8% 21%
Occidental Petroleum OXY 6.7% 7.5% 10.2%

Sources: S&P Capital IQ, USA TODAY
* Since March 17, 2015

http://americasmarkets.usatoday.com/2015/06/15/8-energy-companies-score-as-oil-prices-soar/

29May/150

Can the Japanese build a underwater pipeline to Russia?

Can you imagine a pipeline being built from Japan to Russia? Well, it might just take place in the next few years. Studies and further research shows that it cant be done and its too dangerous as the areas where the pipeline will be are not very safe, but the Japanese are convinced they can do it! This pipeline would offer an economical alternative to LNG.

The project might also seem less attractive to Gazprom, which has greater flexibility through LNG shipments, says Vice President of the Argus Agency Vyacheslav Mischenko. The pipeline would tie Russia to Japan. “The idea [of LNG] is more attractive from a strategic or geopolitical viewpoint,” said Mischenko. “By using ships, Gazprom can change the direction of the supplies, something that cannot be done when there is a pipeline."

Last October Russia had a similar idea to have a pipeline from Sakhalin to the northern Japanese island of Hokaido, but the problem rose when there was a dispute over the islands taken by Russian forces at the end of World War 2.

 

http://www.oilandgas360.com/tokyo-gas-wants-to-build-a-natural-gas-pipeline-to-russia/

14May/150

Drilling in the Arctic, Is it catastrophic?

According to, “the guardian,” Shell will continue to drill in Alaska, thanks to the Obama Administration. Researchers and Environmentalists are asking why Shell is allowed to drill when only months prior the Anglo-Dutch oil tried to drill in the same area but was refused. Scientists believe that drilling in the Arctic could possibly, “lead to a serious of dangerous blunders, resulting in a disaster.”

“Tim Donaghy, quotes; Shell has a history of dangerous malfunctioning in the Arctic while global scientists agree that Arctic oil must stay in the ground if we’re to avoid catastrophic climate change.” While environmentalists argue that they are, “looking the other way,” not realizing that drilling in these waters is likely to be more dangerous than other seas. The dangers are worse than the Gulf of Mexico spill in 2010. If an accident were to happen, the nearest coast guard is located more than 1000 miles away.

http://www.theguardian.com/environment/2015/may/11/shell-arctic-drilling-alaska-oil-gas

3Dec/140

Women are the new targets in the Energy Industry

"Fracking and horizontal drilling have unleashed an energy extravaganza in the Midwest and mid-Atlantic. American and international energy companies are churning out billions of barrels of oil and gas and attracting thousands of workers eager for entry-level paychecks of $50,000 to $60,000. In fact, in boom states like North Dakota, demand for workers is outstripping supply, as jobs remain unfilled."

Women are now stepping into these positions more than ever now. Men are not the only targets that the Oil and Gas companies are looking for, they are looking for women too. Good, hard workers in general.  The energy companies want to hire them. Whether it's Chevron or BP or Conoco, they’re looking for them. They’re just looking for responsible, hardworking people.

Many companies are struggling because Pipeline projects are soaring and there are not enough works to help get them done. Thus, regional colleges in boom towns from Pennsylvania to New Mexico have launched one-year certificate and two-year associate programs to train workers , including men and women.

Pipeline Ball Valves

 

http://www.usnews.com/news/special-reports/energy-of-tomorrow/articles/2014/12/01/oil-and-gas-industrys-latest-target-women

17Oct/140

Methane stimulates growth

A new report suggests that the nation's growing methane mitigation industry can boost economic development in key energy states and help reduce oil and gas air pollution, according to the Environmental Defense Fund. As the federal government considers standards to limit methane emissions from oil and gas operations, the demand for this equipment and services is expected to rise. A report from the consultancy ICF International indicated methane emissions will increase roughly 5 percent from now through 2018 absent industry-wide adoption of new control measures.

How has this new industry been a benefactor on the growth of local economies? The report identified 76 companies nationwide – more than half small businesses – that manufacture methane controls or offer related services from over 500 different locations across 46 states. Ten states had the highest concentration of facilities: Texas, Oklahoma, Colorado, Pennsylvania, Louisiana, California, Wyoming, Illinois, Ohio and New Mexico. These states stand to gain the most from future growth associated with this industry.

Unburned natural gas is primarily methane, both a powerful greenhouse gas and a valuable product. Many companies have effectively developed technologies and services that capture these emissions from oil and gas systems

 

Double Block and Bleed Valves

 

 

 

 

 

 

http://yourpetrochemicalnews.com/emerging+u.s.+methane+mitigation+industry+stimulates+growth+in+local+economies_106340.html

10Oct/140

Are our Oil and Gas workers being cheated from their earnings?

 

A review of the U.S. Department of Labor shows that men and women in the oil and gas industry are being cheated from their wages and being underpaid. More and more companies that are hiring full time employees are "using accounting techniques to deny workers benefits such as medical leave or unemployment insurance."

"The DOL investigations have centered on what is known as worker “misclassification,” an accounting gambit whereby companies treat full-time employees as independent contractors paid hourly wages, and then fail to make good on their obligations." This is done more and more by smaller companies than larger because they are trying to keep their labor costs down.

This is far from being legal let alone fair. By law, the standard is that the full time employee must be paid more than minimum wage and they must be fairly compensated for any overtime accrued.

" As of August this year, the agency has conducted 435 investigations resulting in over $13 million in back wages found due for more than 9,100 workers"

Over the last 12 years the Oil and Gas industry has seen a tremendous growth, but at the same time increase in fatalities and injuries in the industry has also gone up.

p://www.psmag.com/navigation/business-economics/rigging-oil-gas-mining-industry-wages-workers-pay-overtime-employees-92113/

 

Pipeline Ball Valves