In everyday conversation, the word ‘flow’ is often used to indicate something natural, organic, and uncontrolled. Take the phrase ‘go with the flow,’ which means to be flexible, laid-back, easy going, malleable. But in oil and gas and many other industries, ‘flow’ is quite the opposite. It is something to be contained, controlled, carefully monitored, and quantified. After all, products like oil or gas that ‘flow’ through a pipeline or into a tank are the lifeblood of any oil and gas business, making the flow meters responsible for quantifying those products the business’s cash registers.Read More
The Global Petroleum Show is an annual meeting place for leaders in the global oil and gas industry. Since 1968, GPS has been heralded as one of the largest energy events bringing together global producers, EPC’s, service companies, and suppliers to highlight the latest market and technology trends in the industry.With cyber security concerns on the rise, the Global Petroleum Show has taken to highlighting cyber security information specifically for industrial and SCADA security professionals seeking to shore up their assets against the impending threat.
This year, Cimation’s Austin Scott, Project Services and Delivery Manager, delivered a presentation entitled “Reducing Energy Opportunity Cost through Industrial Cyber Security” at the annual Global Petroleum Show in Calgary. In this presentation, he discusses how the advent of energy extraction systems like SAGD and fracking has transformed the Oil and Gas industry from its substantial capital investment and high–risk legacy into an on–demand manufacturing process. Furthermore, the next 20 years of energy extraction will take producers into increasingly remote and hostile environments. In order to maintain a competitive edge, energy companies must look to learn from the manufacturing industry where they can harness new technologies to optimize their processes and improve efficiency.Read More
In response to the decline in oil and gas prices, many companies are cutting back on spending, including IT spending. However, according to a recent survey by IDC Energy Insights, the cuts are lower than many expected. Also, as of this week, crude oil prices on the New York and London markets regained some ground. Additional research reports have found that oil and gas data management market is expected to grow from $6.08 Billion in 2015 to $21.22 Billion. Find out more about all the latest reports and research in this week’s industry news round-up.Read More
It’s a tale of two Texas towns. They’re only 38 miles apart, yet one is still booming while the other struggles on the fringe. In this week’s industry news find out how the current landscape of the shale oil industry is affecting the various towns and states throughout the country. Also, learn the top questions you need to ask when it comes to your company and cloud computing. Find out which vulnerability could shatter cloud security. And do you know which tiny nation could have huge oil and gas potential?Read More
It looks like oil and gasoline prices could be on the rebound. Signs point to higher prices as domestic inventories start to decline for the first time since December. Oil producers are also casting aside feelings of gloom after companies like Carrizo Oil & Gas Inc., Devon Energy Corp. and Chesapeake Energy Corp. all lifted their full-year production outlooks this week. As soon as crude prices stabilize, drilling plans will move forward. But until prices fully rebound, it’s important to keep operational efficiency top of mind. Watch the latest Cimation video and learn the six steps to help you improve efficiency in energy operations. Finally, learn the key takeaways from the 2015 Offshore Technology conference in this week’s industry news round-up.Read More
With crude oil prices down, the need for operational efficiency – always a priority – is at an all-time high. In today’s market, many clients are looking to technology to streamline their processes and ultimately save money. Although budgets have been reduced, companies are continuing to invest in projects that promise significant return through improved efficiency and better safety. The real question is, however, where to begin. While it might seem complicated, we’ve actually broken it down into a concise, repeatable, six-step approach. In this video, I discuss why and how the Operations Consulting approach is designed to improve your business. Watch the short video or read the synopsis below to learn more!Read More
Cimation is pleased to announce the appointment of Sean Smiley to the role of Operations Director, Denver effective April 20. In this position, Mr. Smiley is responsible for establishing the regional business unit’s vision and execution strategies, maintaining relationships with existing customers, and delivering quality projects throughout the Western United States.Read More
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!Read More
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
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.Read More