The oil price cannot be USD 20/bbl for any long period of time because the industry cannot produce enough oil to feed the world at that price. But if the price of oil is based on supply and demand, how could it fall to USD 20 at any point in time?
Exploration and production companies are moving their operations into deeper waters in the search for untapped resources, and with this shift comes significant challenges. The 19th Annual Gulf of Mexico Deepwater Technical Symposium featured several presentations on the challenges operators face with deepwater projects in the current economic and technical environment.
As offshore projects have increased in size, scope, and cost, the negative potential for nontechnical issues relating to health, safety, security, environment, and social responsibility (HSSE-SR) on a project’s life cycle has also increased. In the search for the proper systems and processes to deliver quality HSSE-SR performance, companies are evaluating the ways in which they assess nontechnical risk.
The SPE Separations Technology Technical Section’s series of articles continues with discussion of an underperforming scrubber that was suffering from too much oil carry-over and the consequences of the carry-over for the processing system. An analysis of the scrubber design is presented and potential causes for the underperformance are listed. Several options for resolution of the problem are presented, and the selected option is summarized along with a comparison of the separation performance data obtained before and after the modification.
Peer Review Editor
Carbon Capture and Storage for Enhanced Oil Recovery: Integration and Optimization of a Post-Combustion CO2-Capture Facility at a Power Plant in Abu Dhabi
A carbon capture and storage project in Abu Dhabi is examined. The project involved the capture of carbon dioxide emissions at a local plant and the use of those emissions for enhanced oil recovery. The paper describes the process of designing a facility to supply the capture plant with steam and power without reducing the original electricity-production capacity.
An ecosystem-based-management approach for finding the most appropriate method to decommission an offshore platform is presented. The approach recognizes the full array of interactions within an ecosystem, including humans, rather than considering a single issue, species, or ecosystem in isolation.
The performance testing of an inline electrocoalescer designed specifically for processing is described. The authors present results from performance tests with medium and heavy crude oils at a wide range of operating temperatures similar to those found in subsea-processing applications or other applications where heating of the process fluids is not practical.
Batata 2 Remote Well Pad: Executing Sustainable Development at a Sensitive Amazon Basin Area—Decommission and Abandonment
The decommissioning and restoration of a temporary onshore development is described. The site is located in an area of South America with a high degree of biodiversity and indigenous peoples living in voluntary isolation.