BIAS Peak

Response: One of the major operation challenges in the E&P industries are stuck pipe incidents which usually lead to a considerable amount of lost time and associated costs. The increases in drilling activity, drilling in depleted and higher risk reservoirs leads to an increased risk of stuck pipe. As we can observe in this case for this NOC, the greatest impact is when the drilling performance is Non-Productive Time (NPT). We know that around 25% of the NPT is regarded to stuck pipe and this…

Hengyuan Refining Company Berhad (HRC) Hengyuan Refining Company Berhad (HRC) is operated in refining, manufacturing, and sell petroleum products in Malaysia. HRC was formerly known as Shell Refining Company Berhad and changed its name into Hengyuan Refining Company Berhad in March 2017, and it is also a subsidiary of Malaysia Hengyuan International Limited. The company was established in 1960 and is based on Port Dickson, Malaysia. HRC began their operations in 1963 with a single crude…

On December 12, 2015, the world came together in Paris and for the first time addressed global warming. It was determined that the world’s goal by 2050 would be to keep global temperature increases under 2 degrees Celsius. With such high expectations, the US and other countries around the world need to invest in new power producing technologies in order to phase out the fossil fuel industry. While renewable energy sources such as solar and wind are the best long term solutions, their unreliable,…

a fossil fuel used in everyday lives, yet this abundant resource is not infinite so requires new pockets to be continually found. Worldwide concerns have sparked many controversies over whether oil has been reached its maximum extraction known as ‘peak oil’. There is also a worldwide concern towards on what will happen when in Marion King Hubbert graph reaches the declining period. In the social aspect it could lead to even more political instability between countries and cause conflicts between…

With the growing population in the past years comes an increase in urbanization and industrialization, thus increasing the number of buildings in urban areas and consequently this means an overall rise in energy usage by the people. The increase in population and amount of people moving into urban areas is occurring at an alarming rate, but this doesn’t come as a surprise. Ever since 1950 this has been occurring. From 1950 to 1986 there was an increase from 600 million to 2 billion people…

British Petroleum took a massive hit to public image, brand name, and to the overall prosperity of the company, following the oil spill that occurred on April 20, 2010. The spill occurred in the Gulf of Mexico near the Mississippi River Delta, at the Deepwater Horizon Oil Facility (Deepwater Horizon Oil Spill). Since this horrific incident, which basically crippled the company, they have been employing numerous tactics to try to recover from it. There are two categories in which one can place…

In 2006 the voters of Washington state passed the Energy Independence Act (EIA) through a ballot initiative in the November mid-term elections. The initiative was championed by the organization Washingtonians for Energy Security (WES). The EIA is a Renewable Portfolio Standard (RPS) requiring electric utilities serving at least 25,000 customers to produce 15% of their electricity from renewable sources by 2020 (Energy Independence Act of 2006). The EIA also seeks to increase energy conservation…

Introduction Fossil fuels play a very important role in administering the economy efficiently and enforcing newer developments effectively. Oil & gas, Coal and other mineral resources supports us with most of our energy mix and touch our lives in multiple dimensions. They cater to everything - from domestic uses to manufacturing industries, and from transportation fuel to synthesis of organic and chemical products. India is a country with more than 1.2 billion people accounting for more than 17…

On the 3rd November 2016 the Hazelwood Power Station, which produced brown coal in the Latrobe Valley, announced the entire plant would close at the end of March 2017. After supplying electricity to Victoria for over 50 years, the plant’s owners Engie argued that it was no longer economically viable to continue to run one of Australia’s most ‘dirty’ power plants, thus laying off almost 1,000 jobs. Engie states that the growing pressure for renewable energy was the main factor for the closure of…

1. Title of the Lesson: The Oil Boom in Oklahoma 2. Instructional Unit: Oklahoma After World War II 3. Target Audience (Course & Grade Level): Oklahoma History/ 9th Grade 4. Time Requirement/Duration of lesson: 2 Class days/ 60-minute class times. 5. Introduction or Rationale (Significance) of the lesson: During the lesson students will be introduced to the economic impact of fossil fuels, the development of Tulsa as the “Oil Capital of the World”, oil reserves (Anadarko Basin), and how…