A2 refers to terminal gauging ticket. Revised illustration below to make it a bit more easier to understand with proper case study. If you are aware of better terminal … Continue Reading How to generate terminal gauging ticket while loading in progress
A type of floating production system, tension leg platforms (TLPs) are buoyant production facilities vertically moored to the seafloor by tendons. TLP Design While a buoyant hull supports the platform’s … Continue Reading How Does a Tension Leg Platform (TLP) Work?
Take-Aways Spar is a floating platform alternative to support drilling, production & storage operation. Deep-draft design enable the facility to support both subsea and dry tree development since less impact … Continue Reading How Do Spars Work?
What is Workover ? Operations to a completed production well to clean, repair and maintain the well for the purposes of increasing or restoring production ( or injection ). When … Continue Reading WORKOVER – A BRIEF INTRO
The following are the major non-hydrocarbon components of natural gas and crude oil production. (1) Sulphur Compounds. Pure Sulphur and Sulphur compounds are generally present in reservoirs and are contaminants. … Continue Reading NON HYDROCARBON COMPONENTS OF CRUDE OIL
Crude oil is a mixture of hydrocarbons with some non-hydrocarbons. Different areas of the world produce crude with different proportions of the five main hydrocarbon series. The character of the … Continue Reading Classification of Crude Oil and Natural Gas
ACQUISITION PHASE Sunk cost Acquisition cost EXPLORATION PHASE G&G costs (Geological & Geophysical) Number & well cost in the effort to explore potential hydrocarbon reservoir worth exploring for development and … Continue Reading Hydrocarbon Field Life Cycle
Definition: Production forecasting is a planning process at a time reference to generate profile for oil, gas, water &/or contaminants recoverable from well/reservoir inclusive of field constraints and opportunities for … Continue Reading Hydrocarbon Production Planning & Forecasting
Credit – Valero
There is still some gross public misunderstanding about the formula of oil royalty paid out to the three oil-producing states of Sabah, Sarawak, Kelantan and Terengganu. This has, by and … Continue Reading PETRONAS ROYALTY CALCULATION EXPLAINED
Here is the general requirement for accuracy and performance requirements for custody metering: (1) Liquid Flow Meter Calibration: Linearity and Repeatability The flow meter repeatability after five (5) consecutive runs … Continue Reading Custody Meter Accuracy & Performance Requirement
Let’s start with a quick glossary:- FSO : Floating, Storage & Offloading FPSO : Floating, Processing, Storage & Offloading Hydrocarbon : referring to crude oil and condensate Repeatability : tolerance … Continue Reading Determination of Quantity During Custody Transfer at FSO & FPSO Facilities