Tuesday, February 12, 2019
Here I would like to share my thoughts about the market research on Spain Country
Spain holding the second most astounding income in the time of 2017 with the sent out of (Export) Processed Petroleum Oil up to $12.7 billion (up 53.3%)
Among the best 20 Spain Exported Products Processed Petroleum Oil put the second most noteworthy income and the Engines (diesel): $1.9 billion (down - 0.3%)
We notable about Spain, it is the gigantic nation to create income with fare merchandise and administrations among the general nations from Europe.
From this discernible examination, Spain creates an income with the most elevated proportion of trading the Processed Petroleum Oils with North America (United States).
In contrast to many of their export market destinations, which are predominantly European countries, Spain exports the largest amount of its refined petroleum to the United States (17%), with the Netherlands (10%) and France (9.1%) being the next biggest destinations.
Friday, January 11, 2019
Until the 1980s it was difficult for the drill operators to know what was going on with the drill bit as the hole was being dug. Even after the innovation of Seismic imaging operators are still facing the issues. This problem is overcome by Measurement – While -Drilling (MWD) technology.
MWD allows operators to receive real-time information on the status of drilling, as well as the ability to steer the well in other directions. It relates information such as gamma rays, temperature, and pressure, as well as the density and magnetic resonance of the rock formations. This serves a myriad of functions. It helps operators drill more efficiently while preventing blowouts and tool failures. It also helps operators show that they're not drilling into unauthorized areas.
What’s perhaps most amazing is how this information is transmitted up to the surface. Because it isn’t practical to string wire or cable down the well from the surface to the drill bit, MWD instead relies on mud pulse telemetry. A mud slurry that is sent down into the well to carry debris back up (through the outer column of the well) provides a convenient acoustic channel to send mud pulses up in a binary code that is decoded on the surface.
Friday, December 28, 2018
Oil Companies have to spend a lot of money on digging oil. They don't like to waste their time and money on an unproductive spot. There are so many failures in spotting the oil surface.
Seismic Imaging is one of the most important innovations in Oil Exploration helps in reducing the number of unproductive wells and useful to find productive wells.
In the seismic imaging process, an energy source such as a vibrator truck sends sound waves deep into the earth. This relies on the idea that sound bounces off and travels in different ways. Special devices called geophones are positioned on the surface, which receives the sounds that bounce back up and send the information to recorder trucks.
Engineers and geophysicists study the recorded sound waves to interpret what kinds of layers of rock formation lie in that location. This way, they can construct 3-D images of what lies under the surface.
Thursday, December 13, 2018
Before the discovery of oil, people used Wood and Coal. People burned wood for Cooking, Warmth and also used as a building material. Wood is reminded as a global fuel for centuries.
In the 18th century after the invention of Steam Engines coal comes into the picture. Steam Engines can be powered either by wood or coal. Comparatively, with wood, coal became the most preferred fuel because coal produced 4 times energy as much energy as the same amount of wood and was cheaper to produce, easier to distribute. Coal has massive growth in the scale of industrialization.
The oil had been discovered by Chinese in 600 B.C and transported in pipelines from bamboo. However, Colonel Drake's heralded discovery of oil in Pennsylvania in 1859 with a well drilled just 69.5 feet deep. The earliest exploration companies began seeking oil for refining into a newly invented lamp fuel called kerosene. This "rock oil" fuel was cheaper than Whale oil and far safer than the more popular but explosive fuel, camphene and the Spindle top discovery oil in Texas in 1901 set the stage for the new oil economy.
Early energy issues included the need for an infrastructure for producing, storing, transporting oil and natural gas. As discoveries grew, the rush for "black gold" resulted in complex economic issues on a national scale, including wasteful over-production, sudden collapses of oil prices, questionable stock promotions and frequent boom and bust cycles.
Friday, December 7, 2018
Hydraulic Fracturing developed in 1940. It came into application in 1950.
Hydraulic Fracturing treatment is used to achieve adequate flows in Shale gas, Tight gas, Tight oil, and Coal Seam gas wells. Some hydraulic fractures can form naturally in certain veins or dikes.
In Tight Reservoirs the rocks containing the oil don't have large pores. The oil flow from the rocks is weak and drilling a simple well into the rock won't get much of the oil out.
So to take oil from this Tight Reservoirs and Shale gas Hydraulic Fracturing is used. In the Hydraulic Fracturing, they inject a high-pressure injection of 'Fracking Fluid' like water, containing sand or other proppants suspended with the aid of thickening agents into the wellbore to create cracks or fractures in the rock formations. Fractures can extend hundreds of feet long. To keep the fractures from closing again, drillers send down a proppant, which is a mixture of fluids, sand, and pellets. These allow the oil to flow more freely from the rock.
Monday, December 3, 2018
In 1880 drillers raised rigs on wharves.
In 1947 an oil company built an oil well away from land.
One of the technologies that spurred the development of offshore drilling was ROV (Remotely Operated Vehicle). In the 1970 Oil industry adapted ROV for drilling. Diving in deep water is dangerous for people. So the Military is using this ROV technology to retrieve the lost equipment underwater.
Saturday, November 24, 2018
Researchers have developed new material by combining the graphene oxide with the hydrogels made
from a natural material seaweed-derived alginate. This new Smart Material is durable and can respond dynamically with its environment used in a variety of biomedical applications.
One Limitation in the use of alginate hydrogels is that they tend to fall apart under mechanical load or in low salt solutions.
The research shows that under the chemical treatments this smart material is capable of becoming more stiffer or softer. It means that this new smart material is able to react to its surroundings. In addition, the alginate-GO retains alginate the ability to repel oils, giving the new material potential as a sturdy antifouling coating.
Friday, November 9, 2018
Natural gas and Crude oil are extracted from the ground or under the ocean with Pipeline transport extracted oil and gas to refineries. In refining, the Oil and Natural gas undergo a lot of changes that involve the specialized Manufacturing Process. Distillation is an important process in manufacturing. Distillation has 2 types
1. CDU (Complex Distillation)
2. VDU(Vacuum Distillation)
CDU separates the Kerosene, Diesel, Naphtha and Atmospheric gas oil from the crude feedstock.
VDU recover valuable oils from reduced crude.
Membrane Technology represents one of the more rapidly growing technologies that can operate as a "New Trick" standalone process to "Old Dog" distillation technology.
Oil Price volatility, geopolitics and economic uncertainty all contribute towards the continued need to innovate and technologically advance with "New Tricks" if Petroleum and Petrochemical companies are to survive in this highly competitive industry.
Hello Everyone, Here I would like to share my thoughts about the market research on Spain Country Spain holding the second most a...
Until the 1980s it was difficult for the drill operators to know what was going on with the drill bit as the hole was being dug. Even afte...
Oil Companies have to spend a lot of money on digging oil. They don't like to waste their time and money on an unproductive spot. Ther...