The Supervisory Control and Data Acquisition (SCADA) system implies a supremely customizable and configurable set of commercial and industrial software applications. The system can be used to support the management of any process chain in the midstream and downstream oil and gas sectors. The midstream oil and gas sector requires...
Key Considerations For Supporting Your ETRM System Here’s how an optimized IT support capability can maximize reliability and efficiency for your ETRM system.
Energy trading and risk management (ETRM) systems are flexible, powerful tools that often lie at the very core of an upstream, midstream, or downstream oil and gas company’s commercial, logistics, and risk business process. They enable the trade-to-settlement lifecycle and support much of the hydrocarbon value chain. They’re routinely...
Through a series of reactionary blunders, the current administration has served to drain our country’s strategic petroleum reserve (SPR) to levels not seen since the 1980s. A far cry from energy security amid global conflict, releasing reserves has thus far exceeded domestic refining capacity and therefore necessitated exporting. At...
SHALE Featured Website Nov Dec 2018 Bakken Gas Problem 2
Make no mistake, the Bakken is a tight oil play, and a very good one. But the Bakken, especially in the core areas, is a bit gassy. The latest challenge facing operators and regulators in North Dakota is what to do about the natural gas produced as wells are...
Modern oil companies are going digital. To accomplish that, they are looking for easy-to-install, easy-to-use solutions that solve an immediate problem using cost-effective digital technology. Those three attributes—easy to install, easy to use, and cost-effective—are reshaping well monitoring, and by extension the oil and gas industry as a whole. Well-monitoring...
Pro – Or No – Rationing?
There is really only one subject currently occupying the undivided attention of each and every person affected in any way by the oil and gas industry. To write about anything else would be about as nonsensical as trading favorite recipes during the final moments on the Titanic. This industry...
As pressure to curb carbon emissions mounts ever higher, oil and gas companies are looking at ways to reduce their CO2 output. The long-practiced technique of gas flaring is no longer acceptable in countries looking to dramatically reduce their impact on the environment, meaning that oil firms are rapidly...
Construction and oil and gas exploration sites are not oblivious to the risk of deaths from scalds or electrical burns caused by fire outbreaks. Therefore, the implementation of fire safety measures has become imperative across industries, especially those at higher risk of such accidents. According to a recent report by...
There is one city in the U.S. that’s well known for its cinematography, its food scene, its tech giants, and its tourism, but not so much, for its oil, which is hidden behind false façades and artistic towers. Los Angeles has been hiding a dirty secret for decades, away...
In one corner, we have the Whitehouse continuing to vilify oil and gas and praise “green new deal” initiatives. Among these is a push for increased investment in companies and funds which prioritize Environmental, Social, Governance (ESG). In the other corner, we have Texas Governor Abbott’s legislative response to...