FROM THE PFC TECHNICAL DIRECTOR
New EPA Regulations Issued To Curb Methane and VOC Emissions
The US EPA’s 2016 New Source Performance Standards updated the 2012 standards by adding requirements for the industry to reduce greenhouse gas emissions, specifically methane. The 2016 NSPS also covers hydraulically fractured oil wells and production, processing, transmission and storage activities.
Bridging the Divide Between Facilities and Subsurface Engineers
SPE Production and Facilities Technical Director Hisham Saadawi shares the discussion from the annual ATCE PFC dinner panel on the topic “Integration Between Facilities and Subsurface Engineers: Crucial in an Era of Low Price Oil.”
From the Production and Facilities Technical Director
Hisham Saadawi takes office as the first technical director of the newly formed SPE Production and Facilities discipline. Having served twice as an SPE Distinguished Lecturer, Saadawi appreciates SPE's international diversity and aims to encourage more volunteering from all parts of the world.
Handing Over the Reins
SPE PFC Technical Director Howard Duhon hands over the reins to incoming technical director Hisham Saadawi.
Hisham Saadawi Named New PFC Technical Director
SPE PFC Technical Director Howard Duhon announces the incoming PFC Technical Director and shares his experiences from his trip to Alaska for the June SPE Board meeting.
Book Summary and Commentary: The Price of Oil
In the Price of Oil, Roberto Aguilera and Marian Radetzki predict a dramatic increase in shale oil and other tight oil production from about 4 million BOPD today to as much as 40 million in 2035. This will have a limiting effect on oil price.
A "Normal" Accident -- The Loss of the RAF Nimrod XV230: A Failure of Leadership, Culture, and Priorities
Analyzing accidents can demonstrate how much they have in common with everyday operations. Business principles and sound engineering practices can be at odds.
Hedgehogs vs. Foxes: Improving the Accuracy of Predictions
Can aggregative contingent estimation (ACE) improve the quality of oil price forecasts and even project performance? I have come to believe that oil price can be determined with reasonable confidence, and the key to such forecasting is ACE.
Oil at USD 20 per Barrel: Can It Be?
The oil price cannot be USD 20 for any long period because we 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?
Simplification: A Moral Imperative
The author muses on oil supply and demand and complexity in projects.
Standardization vs. Innovation vs. Optimization: Buying or Building Your Dream Car
Given the inherent differences in projects, the author discusses how can standardization be used to avoid creating each one from scratch, and what the benefits of standardizing might be for the industry.
Composite Results of the Project Complexity Study
PFC Technical Director Howard Duhon asked readers about the drivers of project complexity. Here are the results.
Share Your Experiences in Project Design: Study To Identify Drivers of Complexity
A few months ago while at lunch with a project team, I heard an engineer lament about how much more difficult it is to execute a project now than in years past.
One Year In
Recent and upcoming programming for PFC members is discussed.
Charting a Course for the Changing Needs of Facilities Engineers
Once upon a time, oil and gas production facilities were small, simple, similar, and inexpensive. Back in those times, SPE was focused mainly on the reservoir. Things have changed dramatically. There has never been a better time to be a facilities engineer.