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New Technology Fuels Oil Ressurgence
The Kern River oil field, discovered in 1899, was revived when Chevron engineers here started injecting high-pressured steam to pump out more oil. The field, whose production had slumped to 10,000 barrels a day in the 1960s, now has a daily output of 85,000 barrels, says the New York Times.
In Indonesia, Chevron has applied the same technology to the giant Duri oil field, discovered in 1941, boosting production there to more than 200,000 barrels a day, up from 65,000 barrels in the mid-1980s.
And in Texas, Exxon Mobil expects to double the amount of oil it extracts from its Means field, which dates back to the 1930s. Exxon, like Chevron, will use three-dimensional imaging of the underground field and the injection of a gas in this case, carbon dioxide to flush out the oil.
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Cleaner Coal Attracting Some Doubts
American Electric Power uses crushed limestone to remove sulfur dioxide at a plant in Moundsville, West Virginia.
Within the next few years, power companies are planning to build about 150 coal plants to meet growing electricity demands. Despite expectations that global warming rules are coming, almost none of the plants will be built to capture the thousands of tons of carbon dioxide that burning coal spews into the atmosphere, according to the New York Times.
Environmentalists are worried, but they put their faith in a technology that gasifies the coal before burning. Such plants are designed, they say, to be more adaptable to separating the carbon and storing it underground.
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Cost of Producing Oil and Gas Rising The cost of producing oil and gas has risen about 53 percent the past two years, and the trend is expected to continue this year, according to a report released recently. Those same costs have climbed 67 percent since 2000, but most of the increase has come since the end of 2004, according to an analysis by Cambridge Energy Research Associates and its parent, IHS Inc., which together have created what they call the Upstream Capital Costs Index. The index tracks nine key cost areas for offshore and land-based projects such as construction, equipment and personnel. Full Story |
Natural Gas Group Supports Action to Combat Global Warming
Another energy industry group has shifted its stance on federal climate policy to conditionally support federal action to cut greenhouse gas emissions.
The American Gas Association, a trade group that represents natural gas utilities, recently issued a set of "Climate Change Principles" that outline support for "reasonable" climate policies to grapple with global warming.
The trade group had never officially outlined its position on climate policy before, but now it's voicing clear support for mandatory anti-global warming policies - as long as they don't hurt the natural gas industry.
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2007 Purdue TAP Industrial Energy Services BestPractices Workshop Series Date: April, 24, 2007
BestPractices Workshop: Process Heating Systems Assessment 1 Day Workshop
Host Location: Citizens Gas 2020 North Meridian Street, Indianapolis, IN 46202 This workshop provides an introduction to process heating and process heating equipment, such as furnaces, dryers, ovens, heaters, and kilns, used by industry. The course includes discussion of combustion and other heating methods; heat transfer in furnaces; waste heat recovery; commonly used process heating controls; and emissions from heating processes. More Info |
Save The Date National Association of Power Engineers Meeting
March 29, 2007
Meeting to begin at 12 noon
Program to be determined |
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All meetings are held at Citizens Gas, 2020 North Meridian Street, Indianapolis, IN.
For more information please contact Rick Ratliff at DLR Mechanical at (317) 253-6822. |
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