Production & SCM
Courtesy: WTI Midland basis forward curves from CME.
Production & SCM October 4, 2018

Technology improvements driving down Permian Basin oil production costs

Oil production in the Permian Basin has nearly doubled since early 2016 thanks to technology improvements and there are no signs of slowdown in the short- or long-term.

By Josh Schulte
Adjusting to the new normal in the oil & gas industry means increased innovation alongside operational discipline and re-evaluating medium-voltage switchgear applications. Courtesy: Schneider Electric
Production & SCM October 2, 2018

The era of air insulated switchgear has passed

Adjusting to the new normal in the oil & gas industry means increased innovation alongside operational discipline and re-evaluating medium-voltage switchgear applications.

By Joe Richard
Courtesy: ITT Goulds Pumps
Production & SCM October 1, 2018

Vertical multi-stage pump for limited space applications

ITT Goulds Pumps' VICR is a vertical multi-stage low flow, high-head pump is a compact pump for high-head applications with limited space.

By ITT Goulds Pumps
Figure 3. Optimization cycle. Courtesy: Stress Engineering Services
Production & SCM September 28, 2018

Digital twins support FPS asset integrity management

Strength comes from global performance model integrated with measured data.

By Scot McNeill, David Renzi, and Dilip Maniar
Figure 1. The framework addresses challenges associated with geological and geophysical data, without undue geo-referencing or geo-spatial processing. Courtesy: L&T Technology Services
Production & SCM September 27, 2018

A defined methodology better manages subsurface data

Technologies facilitate deep data diving for exploration in oil & gas industry.

By Prabhakar Shetty
Production & SCM September 22, 2018

Optimizing pump reliability and performance

Taking a proactive approach and involving an expert maintenance provider can allow offshore platform operators to deliver significant benefits to their business in the long term.

By Jennifer Cardillo, Sulzer
Production & SCM September 20, 2018

IIoT’s impact on the oil and gas industry

Oil & gas companies are looking to the Industrial Internet of Things (IIoT) to improve efficiency and productivity as the market slowly recovers.

By Anil Gosine, MG Strategy+
Production & SCM September 19, 2018

Largest modular cryogenic gas processing plant introduced

Honeywell announced its UOP Russell business has introduced a high-recovery cryogenic gas processing plant that is 50% larger than other pre-engineered plants currently available and is designed to recover more than 99% of high-value ethane from natural gas.

By Honeywell UOP
Production & SCM September 19, 2018

Effective process safety management for preventing future incidents

To prevent dangerous process incidents from occurring, facilities should employ effective communication, provide workers with appropriate training, and have in place strong and up-to-date policies and procedures. Eleven key principles and best practices are highlighted.

By Gregory Hale, ISSSource
Production & SCM September 19, 2018

Turn information into a strategic asset

Effective data analytics drives ROI and improves operations.

By Anand Chordia, L&T Technology