Industry News: O&G Sector Behind IT Services Adoption, EOR Infographic

This week’s industry news round-up showcases some of the latest advice and opinions from industry leaders. Some say the oil and gas sector is leading the way in terms of IT services adoption while some are concerned that even though technological advances have been made, effective communication is still lacking. In other industry news, learn the latest about US-based LLOG Exploration as they ramp up production for the Delta House floating production system. Finally, don’t forget to download our latest infographic on Enhanced Oil Recovery!

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[INFOGRAPHIC] Enhanced Oil Recovery: Good to the Last Drop

When oil prices were at their highest levels, many companies felt very comfortable experimenting with new oil recovery techniques and investing in new technologies, such as Enhanced Oil Recovery. Because, while more expensive, EOR methodologies can achieve as much as 60% recovery compared to primary recovery techniques. It boosts what was once old into something new and, more importantly, profitable. However, don’t think that with the downturn in the market Enhanced Oil Recovery has been abandoned. In fact, tertiary recovery not only extends the lifetime of a reservoir but brings new life to boutique firms and startups as well.

The energy industry is constantly looking for ways to increase the efficiency of field operations, improve safety and recover more product from existing wells. While EOR has been around since the 1930s, new digital oilfield and automation technology has brought the methodology to new heights.

Our latest infographic provides an overview of Enhanced Oil Recovery as well as provides some key stats.

Download it today and learn:
  • The 3 Primary EOR Techniques
  • Various Uses of Automation in EOR
  • The Challenges Presented by EOR
  • How To Measure Success
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CFATS & Act of 2014: Improving Chemical Facility Safety & Security

At this year’s Gas Processors Association Conference, we attended many forums discussing safety and risk mitigation in the oil and gas industry. During the Pipeline Safety Forum, we had the chance to listen to the Chief of Policy and Rulemaking at the Department of Homeland Security, Amy Graydon, speak on the latest CFATS Act of 2014 and Executive Order: EO13650. While orders like these are not yet mandatory for all high-risk facilities, those who participate in these programs are setting the stage for the rest of the industry.

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Industry News: How to Reenergize the Oil Industry, Shell Shakes Things Up

Shell’s plans to acquire the BG Group have many wondering what’s to come. Will this pact inspire copycat deals? How will they face modern challenges in operations in Argentina, Brazil and beyond? Learn how the two companies with such long histories will face today’s modern challenges. In other oil and gas news, Forbes gives some advice on how to reenergize the hard hit oil and gas industry. We also learn that US still remains the largest producer of oil and gas, according to US Energy Information Administration estimates. In automation news, the emergence of human detection sensors could have big implications for transportation and industrial automation. It could help in leaps and bounds for things like pedestrian and bystander detection, collision avoidance, intrusion detection, fire safety and energy management. What other implications are there? Find out in this week’s industry new round-up.

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Current Loops: 4-20 mA Overview, Benefits & Fixing Loop Malfunctions

All over the internet, people are asking about current loops. What does a current loop look like? Why is it malfunctioning? What can I do to prevent it from breaking or maybe breaking again? Current loops are fundamental to most process control systems, and also one of elements that most often breaks down. But in spite of their ubiquity, there is a general lack of information available for the people responsible for designing, commissioning and maintaining control environments. It is essential that we learn current loop fundamentals, benefits and practical use cases. The more we know, the better we can remedy any failures that are bound to arise.

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Industry News: Oil & Gas Discovery, A New London Office & Cyber Security Metrics

Spring means an abundance of new things. In this week’s industry news, we welcome the new Cimation office across the pond in jolly old London town! There has also been a new discovery of oil and gas in an offshore area of the Falkland Islands, but is everything coming up roses? Only time will tell if there’ll be tensions over the disputed ownership. In cyber security news, a recent survey says that 60 percent of oil and gas companies do not have an incident response plan in place despite growing concerns. (Surely that doesn’t include you!) Also, find out the top identity and access metrics to help you manage breach risks.

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Cimation Opens London Office, Focuses on Cyber Security

[FOR IMMEDIATE RELEASE] Cimation, an engineering and operations consulting company, is proud to announce the opening of its London office, its seventh office and first overseas. Cimation UK expands the organization’s delivery capabilities to the European market by focusing on delivering cyber security solutions to global energy companies, including oil and gas, refining, chemical, power, utilities, and storage businesses.

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Top 5 Mistakes to Avoid in Your Enhanced Production Audit Program

The Enhanced Production Audit Program declarations deadline is quickly approaching April 1st, and we know many operators have been working their tails off to meet the Alberta Energy Regulator requirements. But with deadlines looming, it can be easy to overlook important details. In this post, we’ve listed some of the common mistakes to avoid when it comes to the AER’s Enhanced Production Audit Program and things to keep in mind as you prepare your EPAP declaration.

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Industry News: Drilling Activity to Rebound & Worst Sports-Related Passwords

March Madness is upon us and while many sports fans’ brackets have already taken a beating, to add insult to injury, attackers are targeting sports-themed passwords. It's passwords like, "baseball," and "football," that have made it onto Splash Data's top 10 most common passwords list. In other cyber security news, the House Intelligence Committee unveiled a bipartisan bill making it easier for private companies to share cyber-threat information with the government to thwart attacks by hackers. In oil and gas news, reports show that drilling activity is to rebound in 2016. Also, discover the most challenging oil and gas projects in the world. You might already know a few! Lastly, find out how an Amazon robot contest may accelerate warehouse automation in this week’s industry news round-up.

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Crude Oil Storage: Has the U.S. Reached Capacity?

Yet another surprise in the energy industry has many talking: It seems the United States is producing so much oil from domestic exploration and production that we are running out of places to store it. This lack of storage could not only drive oil prices even lower in the upcoming months, but could also have a severe effect on the oil and gas industry, especially in areas of the United States that are dependent on oil and gas trade. Learn more about the state of storage, the effects of storage inflation and whose pressure levels are rising along with the crude.

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