Archive for the ‘industry’ Category
Industry challenges often faced by each operator
Impact Often drilling success and overall system cost. Schlumberger has Invested heavily to Develop real-time capabilities, performance assurance Primarily for Providing DURING Wellsite Operations.
Significantly Reduced downtime, improved efficiency, and new Levels of consistency in Field Operations are the result of the Implementation of real-time operation support center (OSC) across the globe.
The company is Placing emphasis on using real-time Capabilities to Enhance overall value derived from services. Recognizing OPERATORS might not Have the resources to Perform Detailed drilling and real-time panning drilling data analysis in a Consistent and high-value, Schlumberger is using STI well construction expertise to assist domain in the real-time “heavy lifting” for customers.
Within a mature performance Integrated Infrastructure assurance, domain expertise from across all the spectrum is drilling Gathered to create a premier technical drilling community.
Xstrata Copper aims to reach a global production
Xstrata Copper Two years ago created the South Operations Division and Lima as its hub. During 2010, 68% of Xstrata’s copper production came from its South American operations, including production attributable to its joint ventures Collahuasi (Chile) and Antamina (Peru), says Joseph Maroun, executive vice president of Operations South America Xstrata Copper.
“The remaining 26% comes from the division North Queensland, Australia, and 6% of Canada division. In this regard, South America accounts for 74% of our operating results, “said Maroun.
Currently, Xstrata Copper is at a stage of growth that will achieve worldwide production of 1.5 million tonnes of copper in 2015, 50% more than its current production. “This growth is mainly based on approved projects in South America, a region in 4 years represent 83% of copper production of the company.”
- Why Lima is the center of Xstrata Copper Sudamerca?
- This decision is based on the larger projects span, currently under construction. are located in our country. “Peru will be relevant to the growth of Xstrata Copper, as well as expansions of Tintaya-Antapaccay and our joint venture Antamina, develop world-class project Bambas, one of the most important projects that have been developed in Peru, with an investment of U.S. $ 4,230 million and we report an initial production of 400,000 tons. of copper in concentrate per year, including important byproducts of gold, silver and molybdenum. The implementation of this mine is estimated for the second half of 2014, “he said.
As executive vice president of Operations South of Xstrata Copper, Joseph Maroun manages teams Lomas Bayas mine in Chile, Tintaya-Antapaccay in Peru, and Alumbrera in Argentina.
“The America Project Development Division has extensive coordination with the El Pachón project in Argentina and Chile, and the development of Las Bambas in Peru.”
In addition, the Operations Division South America has excellent opportunities to capitalize on synergies, making profits when demand goods and services on a large scale, and thus for our company mitigate the cost pressure is living industry.
Technology is moving fast in industry
Did not really take exploration activity Until a couple of off years ago, Began When experiencing great success OPERATORS. As a latecomer, Eagle Ford have plenty of Benefit from Proven in other technologies as well as shale BASINS Designed specifically new products for the region.
Today, 3-D seismic surveys are Producing vase Amounts of data. Operators are Taking Several recently Acquired 3-D data and Reprocessing it to optimally place the well bore for The Most Productive stimulation job. Reprocess seismic Is not the only tool Operators and service companies use to drill the best as well and Efficiently Stimulate it as possible. Service companies are using Various formation evaluation tools, micro seismic surveys, better frac fluids and Proppants, and fracture Different Methods, Including coiled tubing.
Drilling contractors are Also Entering the Mix with proprietary software That results in smoother drilling rigs Their well bores for better stimulation and drilling wells jobs faster and more cost Efficiently Than in the past. Designing Drill Bit Manufacturers are better performing, more durable bits specifically for Eagle Ford, Some Of Which Have it in record-setting runs.
Operators seem to Eagle Ford be the lucky recipients of Successful Have Already Been Technologies that tried and provide.
Operators are working to replace reserves
To do so, They Must tackle more complex and riskier than ever Structures before. Additionally, today’s increasingly complicated Reservoirs are, Including deep water turbidity, fractured carbonates, deep Reservoirs gas, shale plays, coaled methane and resources.
Exploration teams require clarity on Which plays are best, where to look for leads and prospects Within Them, and resource and Commitment Priorities. The challenge is to Evaluate Each play in a Manner Consistent Objectives and geologically, as well as Documenting the process and results.
Chance The Play Within The Play Mapping process to Prospect Risk plug-in for the Petrel software platform Enables fast, easy, and flexible Quantification of play chance-using Methodologies Consistent geologically and Integrating petroleum system-based assessment-play fairway maps to transform into play while maps.
The maps RESULTING Provide basis for an Objective-level play Comparing Risks for geological plays, Concessions, leads, and prospects.
The origin of the oil industry in Mexico
Development to the domain of foreign private companies from 1900, the second corresponds to the era of state control Cardenas expropriated after 1938. No doubt some, the latter event and its subsequent results were a change of great importance for the economic, political and social development of our country.
However, this historical dimension Sonia in its true proportions requires a trip back to the origins of the oil industry in Mexico. explanatory and interesting the first twenty years of two flagship companies in the field of oil production-the Mexican Petroleum Company The Eagle, organized by the English Sweetmeat D. Pearson and the Mexican Petroleum Company, the American Edward L.
Doyen-grounded in a rich do-cu lamentation generated when operating in Mexico and currently rd Odell ARCHIVES H its or recode P em-ex. Also integrated in this volume a valuable body of evidence of the time, which provides a framework that will be introduced and learn little-known aspects of their performance on the big oil business.
Joel Alvarez De la Bord was trained as a historian at the Autonomous Metropolitan University and the Institute De Investigation Dr. Jose Maria Luis Mora. Has been interested in the history of foreign companies in Mexico, especially those related to urban transport and energy producing. He is currently pursuing a doctorate at the Center for Historical Studies of El Collegial De Mexico.
Local Decrease in Oil Industry
With the focus on pre-salt exploration, Petrobras Brazilian state is gradually reducing its operations in Argentina, the largest that still remains outside.
The pre-salt exploration, the big bet of the firm and Brazil, is a type of search you require, with little investment and high costs, penetrate beneath the seabed the salt layer that protects, like clay on land, the reservoir of oil waste.
In the past five years, oil production company in Argentina fell 34%.
The numbers accompanying the decline in local oil industry, living the worst moment of the last two decades. However, according to the site HidrocarburosBolivia.com, the phenomenon is more marked in the case of Petrobras that between 2006 and 2010, decreased by 6.1% its total production.
The data come from a survey conducted by consulting firm Economics Research Branch (IES), led by economist Alejandro Ovando, at the request of Valor.
The study is based on statistics published by the National Secretariat of Energy and also illustrates the loss of company’s participation in the fuel retail market.
Its share in total oil sales fell in just two years from the current 14% to 10.8 percentage points. The diesel fuel is consumed in the country and that market is dominated by Repsol YPF. Read the rest of this entry »