This book is an adventure, an investigation and a manhunt. It divulges the real reason for the Deepwater Horizon tragedy and leads the reader toward identifying the people responsible for causing it. It is the story of an oil-rig supervisor on a five-day assignment being scapegoated by his employer, BP, as part of a corrupt deal the company made with the U.S. Department of Justice. It was a deal that allowed BP to return to business as usual after the worst oil-spill disaster in the nation's history, and gave the accountable executives free passes. The narrative moves from the offshore rig to the courtroom, taking the reader on the life-altering journey of Bob Kaluza, an innocent man who was swiftly acquitted, yet still carries the scars of being accused of causing the deaths of eleven men and the environmental catastrophe in the Gulf of Mexico.
The goal of this book is to provide an extensive analysis of the Refining & Marketing sector, profile various companies across refining & marketing as well as take a comprehensive look into the fundamental business drivers and processes that make up these two businesses.
Key Benefits of Reading this Book
- Learn about the different businesses within the petroleum refining & marketing industry, their business cycles, unique opportunities and challenges.
- Understand how financial and operational metrics for companies inside and outside the petroleum refining & marketing industry are calculated and comprehend their importance.
- Get to know the different companies in the industry, from both an international and U.S. perspective.
- Gain awareness of what different businesses companies in this sector are involved in and where they operate.
The book is organized into eight chapters:
- Chapter one provides an overview of oil & gas as commodities as well as the industry, introduces the different sectors within the oil & gas industry as well provides an overview of the oil & gas value chain, with a particular emphasis on Refining & Marketing.
- Chapters two provides an overview of financial analysis concepts, processes as well incorporates step-by-step guidance on how to calculate and better understand widely used metrics in financial analysis.
- Chapters three & four introduce the petroleum refining & marketing businesses, explain key processes, how they make money, their value chain as well takes a deep dive into how each business metrics and key performance indicators are calculated and why they matter.
- Chapter five features three North American-based Refining & Marketing companies with diverse business models and assets.
- Chapter six covers two companies from the Europe, Russia and CIS region.
- Chapter seven covers two companies from the growing Asian & the Middle Eastern markets.
- Chapter eight introduces one company based in Latin America.
It takes 350 people to drill, complete, and produce one horizontal well in the United States. This book is designed to maximize the efficiency, enhance the intelligence, and increase the abilities of every oil and gas worker, from the office to the field.
With over 700 actions to maximize cash flow, this book attacks operational costs from every possible angle. Many cost reduction actions are introduced by the author for the first time and cannot be found anywhere else.
A one-stop, go-to reference containing all relevant and key industry concepts, equations, terminology, and formulas, the SPE Petroleum Engineering Certification and PE License Exam Reference Guide is the essential tool for those taking the SPE Professional Certification Exam and US PE Exam. This recently updated guide complements SPE's Petroleum Engineering Handbook series, as the key concepts and equations from that series have been separated out and methodically cataloged into this one volume. To quickly find what you are looking for, a new index has been added.
Along with being crucial before and during exams (YES - IT CAN BE BROUGHT INTO THE EXAM), this invaluable guide continues to serve oil and gas industry professionals throughout their career. With this guide, there is no need to carry a suitcase full of books on every assignment or search multiple texts to simply find a definition or an equation. The SPE Petroleum Engineering Certification and PE License Exam Reference Guide is for anyone searching for an upstream or downstream solution.
About the SPE Professional Certification Exam (SPEC)
SPE has a vision to enable the global oil and gas E&P industry to share technical knowledge needed to meet the world's energy needs in a safe and environmentally responsible manner. One way of achieving this vision is by sustaining the competency, professionalism, impartiality, and integrity of the personnel within the industry. SPE has responded to this challenge by establishing the SPEC, which offers members a vehicle to develop their technical competencies and skills across the entire field of petroleum engineering. SPEC has been offered for 13 years and is complemented by an SPE short course that gives candidates insight into the range of topics that the exam will cover and the style of questions they will face. In the summer of 2008, the SPE Engineering Professionalism Committee committed to writing a book that could be used as a single reference for the SPEC and the exam review course. Professor Ali Ghalambor authored the SPE Petroleum Engineering Certification and PE License Exam Reference Guide in 2014.
Waterflood is the most commonly used recovery process that relies on an external source of energy to maximize field recovery. The reason for this success is clear-it works. However, there are many moving parts in a waterflood, and, while the vast majority of waterfloods are successful, success is not guaranteed. Most early water floods were primarily seen as a means to arrest the pressure decline experienced under depletion so that the producers could maintain economic rates. However, the process has moved on from those modest aspirations, and projects now aim to maximize recovery.
Because waterflood relies on the injected water displacing oil from the reservoir, the injected water must come into contact with as much of the reservoir rock as possible if good recoveries are to be achieved. As a result of geological complexities, this condition will not automatically be met, so a high degree of focus must be placed on the project design so that the factors that would otherwise reduce flood efficiency can be properly managed and mitigated. This book looks in some detail at the factors that can contribute to poor waterflood performance and considers how they can be properly managed.
This greatly updated and expanded third edition of Corrosion Control in Petroleum Production is written for non-experts who have the responsibility for corrosion management of subsurface, surface, and subsea equipment used for producing and processing oil and natural gas. It provides an overview and reference on the different corrosion threats, the methods for controlling corrosion, and the establishment of a management system based on risk and continuous improvement.
The authors, Robert Franco and Tim Bieri, have distilled 80 years of personal experience--as well as the experience from multiple reviewers and contributors--into one comprehensive reference. Included are hundreds of photographs, figures, and tables to illustrate the practical aspects and essential theory of corrosion control and materials selection.
An indispensable tool, Theory, Measurement and Interpretation of Well Logs introduces the three primary phases of well-logging technology to engineering and geosciences students. This text offers an in-depth study of the electric, radioactive, and acoustic properties of sedimentary rocks. Mathematical and empirical models relate a formation property of interest to the property measured with the logging tool. Openhole logging techniques are covered, along with concepts of traditional and modern tools.
ADDITIONAL RESOURSES:
You may want to consider this related SPE training course:
Well Log Interpretation Essentials
The Petroleum Engineering Handbook has long been recognized as a valuable, comprehensive reference book that offers practical day-to-day applications for students and experienced engineering professionals alike. The Petroleum Engineering Handbook is now a series of 7 volumes.
Volume IV: Production Operations Engineering will bring readers up to date in the areas of design, equipment selection, and operation procedures for most oil and gas wells. Chapters cover three main topic areas: well completions, problems caused by formation damage, and artificial lift-a major concern for production engineers.
There are many moving parts in a waterflood, and, while the vast majority of waterfloods are successful, success is not guaranteed. Most early waterfloods were primarily seen as a means to arrest the pressure decline experienced under depletion so that the producers could maintain economic rates. However, the process has moved on from those modest aspirations, and projects now aim to maximize recovery. Because waterflood relies on the injected water displacing oil from the reservoir, the injected water must come into contact with as much of the reservoir rock as possible if good recoveries are to be achieved. As a result of geological complexities, this condition will not automatically be met, so a high degree of focus must be placed on the project design so that the factors that would otherwise reduce flood efficiency can be properly managed and mitigated. This book looks in some detail at the factors that can contribute to poor waterflood performance and considers how they can be properly managed.
Until the fall season of 1859, naturally occurring seeps of crude oil in rural Northwestern Pennsylvania were considered a local oddity. The locals who lived near the seeps would often skim off the oil that collected on the surface of ponds and streams. The skimmed oil was used as a cure-all medicine, as a fuel for torches, or as a crude lubricant for neighborhood sawmill and gristmill machinery. Crude oil in Pennsylvania was seemingly destined to remain a local oddity that added a few supplemental dollars to the income of the region's farmers.
Then, on August 27, 1859, a single well bored to a depth of 69 1/2 feet fostered a new American industry in the sleepy backwoods region of northwestern Pennsylvania. By the end of 1860, thousands of barrels of the suddenly valuable local oddity had been extracted from a creek valley south of a hamlet called Titusville. Thus began Pennsylvania's first oil boom that many called, Oildorado.
From the riches of Oildorado sprang an unlikely transport route: a 25-mile shortline railroad called the Union and Titusville-nicknamed the Pigtail for its many twists and turns. Started in 1865 and completed in 1871 at a cost of $700,000 ($15,350,578 in today's money), it took a host of investors, a Civil War hero, and an infamous Robber Baron to build the rail line to export Pennsylvania's petroleum and related products from Northwestern Pennsylvania's Oil Regions to mainline railways.
This book sets out to evaluate companies through upstream, midstream and downstream financial and operational metrics (covered in the first 4 chapters of the book), and to provide an overview of more than 30 companies in different categories, such as National Oil Companies, International Oil Companies, Independent E&P and Pure Play Refining Companies.
Key benefits from reading this book:
- Understand the different sectors in the oil & gas industry, their business cycles, unique opportunities and challenges.
- Understand how financial and operational metrics for companies inside and outside the oil & gas industry are calculated and understand their importance.
- Get to know different oil & gas companies in the industry, from both an international and U.S. perspective.
- Gain awareness of what different businesses oil & gas companies are involved in and where they operate.
The book is organized into 10 chapters:
- Chapter 1 provides an overview of oil & gas as commodities as well as the industry, current supply and demand of energy scenarios and provides a detailed explanation of several financial metrics.
- Chapters 2, 3 & 4 introduce the Upstream, Midstream & Downstream sectors of the industry and explain relevant sector metrics.
- Chapters 5 & 6 discuss 12 National Oil Companies or NOC's, their current operations and applicable metrics.
- Chapter 7 reviews 4 integrated oil & gas companies, their areas of operations and provides an analysis of current financial and operating results using the metrics introduced in this book.
- Chapter 8 reviews 6 independent exploration & production companies, their areas of operations and provides an analysis of current financial and operating results using the metrics introduced in this book.
- Chapter 9 reviews 3 independent downstream companies, their areas of operations and provides an analysis of current financial and operating results using the metrics introduced in this book.
- Chapter 10 reviews 4 midstream companies, their areas of operations and provides an analysis of current financial and operating results using the metrics introduced in this book.
Practical Aspects of CO2 Flooding serves as a logical guide to the practicing engineer focused on the how to and why of miscible and immiscible CO2 flooding. The book outlines the entire project development sequence from conception and justification through field design and operation. Discussion centers on current and practical CO2 flooding technologies and industry experiences, and it targets those involved in planning, designing, and implementing CO2 floods. The book has five appendices including a compendium of practical, field-specific publications.
The primary function of well and reservoir surveillance is to ensure the asset is operated in an effective manner to optimize recovery and/or the asset's value. Waterflooding Surveillance and Remediation describes the various elements that could be included as components in a surveillance plan related to waterflood management. It subsequently looks at the options available to improve flood performance. There will inevitably be surveillance elements required that are not related to the waterflood. Those elements will not be discussed here, and the focus will be entirely on waterflood-related surveillance.
Fundamental Principles of Reservoir Engineering outlines the techniques required for the basic analysis of reservoirs prior to simulation. It reviews rock and fluid properties, reservoir statics, determination of original oil and gas in place
This book takes a look at the 13 largest pipeline operators in North America which delivers oil and gas to end-users.
The latest oil, gas, and energy news around the globe are reported in this edition. Some energy-saving tips on how to keep cool and save in this hot summer are discussed. Hence, this edition is a must-read, our news content will convince you.The Petroleum Engineering Handbook has long been recognized as a valuable, comprehensive reference that offers practical day-to-day applications for students and experienced engineering professionals alike. The Petroleum Engineering Handbook is a series of 7 volumes sold individually or as a complete set. Drilling technology has evolved substantially over the years, from slide rules and hand calculations to advanced computer science and numerical analysis. Volume II: Drilling Engineering, the first drilling content to be included in the Petroleum Engineering Handbook, is intended to provide a snapshot of the drilling state of the art at the beginning of the 21st century.
Save Money, Time, and Lives with the Real-World Oil & Gas Experience of Others. Learning the Hard Way in the Oilfield can Cost You Millions, sometimes Billions of Dollars in addition to Injury and Loss of Life.
Cut Through the Noise to Focus on the Most Critical Aspects of Working in the Oil and Gas Business. Based on over 1,000 Oil and Gas Situations involving Drilling, Cementing, Fracking, Wireline, Coil Tubing, Snubbing, Running Tools, Welding, Production, Workover, Logging, Trucking, Geology, Land, Engineering, Resource Development, Executive Management and much, much more.
Expand Your Value Creation Opportunities by Learning from the Real-World Experience of Others.
Whether you work in the office or in the field, work as a Company Man, Engineer, Driller, Tool Pusher, Roughneck, Geologist, Landman, Truck Driver, Frac Hand, Treater, Cementer, Lawyer, Flowback Hand, Welder, Geophysicist, Snubber, Pumper, Equipment Operator, Derrick Man, Mechanic, Petrophysicist, Roustabout, Manager, Director, VP, or Executive, consider adding Oilfield Survival Guide to your toolbox of knowledge. In other words, if you work hard for your money in the oil business, this book is for you.
The oil & gas industry is one of the most capital-intensive businesses today. As a result, mistakes/situations can be expensive, in addition to injury and loss of life. To prevent undesirable situations, Oilfield Survival Guide was created, based on over 1,000 oil & gas situations.
The ultimate guide for all oil and gas situations:
● Tactics ● Procedures ● Fatalities ● Short Stories ● Train Wrecks ● Disaster Avoidance ● Court Cases ● Life Savings Skills ● Checklists ●Troubleshooting ● Problem Job Prevention ●
Oilfield Survival Guide is the ultimate oil industry resource to help manage oilfield risk and avoid mistakes by increasing your oil and gas knowledge and intelligence, utilizing a variety of methods, including:
Tactics: Short and to the point guidelines to reduce risk and instill work principles to be successful in the oil industry, from the field to the office.
Short Stories: Experience from the mistakes of others.
Fatalities: Detailed analysis of oil and gas tragedies.
Court Cases: Jury trials, expert witness testimony, and legal opinions on a variety of oil and gas cases.
Procedures: Step-by-step process to create oilfield procedures and checklists, along with multiple examples.
Operations Analysis: Oil and gas operations post-mortem, highlighting key learnings, practical knowledge, useful tips, and best practices.
Over 1,000 oil and gas situations analyzed to create Oilfield Survival Guide.
Petroleum Production Engineering, Second Edition, updates both the new and veteran engineer on how to employ day-to-day production fundamentals to solve real-world challenges with modern technology. Enhanced to include equations and references with today's more complex systems, such as working with horizontal wells, workovers, and an entire new section of chapters dedicated to flow assurance, this go-to reference remains the most all-inclusive source for answering all upstream and midstream production issues.
Completely updated with five sections covering the entire production spectrum, including well productivity, equipment and facilities, well stimulation and workover, artificial lift methods, and flow assurance, this updated edition continues to deliver the most practical applied production techniques, answers, and methods for today's production engineer and manager.
In addition, updated Excel spreadsheets that cover the most critical production equations from the book are included for download.