T a ae D Cheniere: Louisiana’s Sabine Pass LNG … · Q H SE TRAINING & CONSU LTING ... were it...
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The Cajundome and Convention Center, Lafayette, Louisiana USA | LAGCOE.com 2013 Louisiana Gulf Coast Oil Exposition Show Daily Newspaper Published by Fueling Global Energy Solutions www.knightoiltools.com INTERNATIONAL RENTAL TOOL SERVICES FISHING SERVICES MANUFACTURING WELL SERVICES INSPECTION & HARDBANDING QHSE TRAINING & CONSULTING People Make the Difference. ™ Visit us in booth EH70 DAY THREE Thursday | October 24, 2013 All others simply fall flat. We’re the only company that builds both drilling and well-servicing pumps. We innovate relentlessly, packing maximum performance in a minimal footprint. We test rigorously, ensuring our products have the longest service life in the industry. And with our aftermarket program we offer a breadth of OEM parts, certified service and support to ensure our customers can confidently meet their productivity quotas, and then some. That’s more than a guarantee. That’s a promise you can reach out and touch. GET READY FOR IN-YOUR-FACE PERFORMANCE. Connect with us at: 1-866-GDPUMPS pumpingperfected.com GardnerDenverPumps GardnerDenverPumpsTV @GDPumps Ever since Colonel Edwin Drake drilled the first oil well in Pennsylvania, the oil and gas industry has been pushing the limits of contemporary technology, in an ambitious bid to discover and recover additional reserves. e spirit of fearless innovation, of never set- tling for the status quo, of being willing to look outside the box, continues to be exemplified by professionals from throughout the industry. Aſter all, where would the industry be today, were it not for the late George Mitchell’s tireless efforts to crack the Barne shale? Having been a prominent feature in the oil and gas industry’s calendar since 1955, LAGCOE is com- mitted to supporting this spirit of innovation, and recognizing and rewarding new advances within the industry. In keeping with this commitment, six com- panies came together on Wednesday morning to present the latest in oilfield innovations at LAGCOE 2013’s highly-anticipated Spotlight on New Technology session. This is the third time that this well-attended event has been held. e prestigious award program was set up to rec- ognize companies that have developed game-changing technologies that further the process of discovering and producing oil and natural gas. e companies as- sembled ranged from long-standing industry giants, such as Baker Hughes, to smaller, newer companies, such as Zahroof Valves Inc. e winning companies, which were announced in September, each had the chance to present brief overviews of their innovations to the packed room. e presenting companies, and their innovations, were as follows: • 5D Oilfield Magnetics—e Open Hole Net is composed of highly-focused magnets that catch and hold metallic objects. Not only does the system catch dropped objects, such as a wrench, but it also traps metallic objects, such as pieces of damaged pipe, that are being circulated out of the wellbore. e system prevents these objects from affecting operations and negates the need for time-consuming fishing operations. e system can benefit operators, rig contractors, and ser- vice providers. e system, which is installed on top of the annular, requires no power source, and neither does it require any additional personnel to be present on the rig. You can view the system at Booth BOS257. • Baker Hughes—e FASTrak LWD fluid analy- sis sampling and testing tool provides knowledge of the reservoir fluid properties, so that critical decisions can be made. e FASTrak service in- cludes accurate, real-time, formation pressure Cheniere: Louisiana’s Sabine Pass LNG expects first exports by 2015 MELANIE CRUTHIRDS Cheniere Energy’s Jason French gave a keynote address on Wednesday. He shared details with aendees regarding the company’s Sabine Pass LNG project, which is located on the Texas/Louisi- ana border. French, who is Cheniere’s director of government and public af- fairs, traced the evolution of Sabine Pass, which began as an import-only terminal and is now slated to soon be the world’s first bi-directional facility of its kind. In greenfield projects, progress hap- pens in stages, and the first stage of Sa- bine Pass’ faceliſt is the construction of four (out of six) LNG trains. is stage is now underway. French said the first LNG is expected to be ready for export by mid-2015, upon the completion of Train 1; the expected completion date for all six trains is 2019. e company has already received the necessary governmental permits for the export of 2.2 Bcfgd from the first four trains, representing a $12-billion investment in liquefaction power. Per- miing for exports out of Trains 5 and 6 is still working its way through the federal review process. French said the company hopes to begin construction on the last two trains in 2015. Once the company has completed its $18-billion overhaul of the site, Sabine Pass will be able to produce 3.5 Bcfgd, with customers already locked into 20-year purchasing agreements. Aſter spending $1.6 billion to construct an LNG terminal designed for import and gasification at Sabine Pass, Cheniere switched gears upon entering the U.S. natural gas boom, and laid out its cur- rent plan to enable both import and ex- port at the facility. Elsewhere, said French, Cheniere is planning a three-train LNG project in Corpus Christi, Texas, with all ma- jor permits on that site already having been filed. e company has already received an EPC contract price for that site, and hopes to begin construction by 2015. According to the company’s website, the Corpus Christi terminal will have a 2.6-Bcfgd production capac- ity and three storage tanks. Around the country, LNG terminals are being pro- posed—not just by Cheniere—on the East, West and Gulf coasts. French also mentioned another ongo- ing effort in the LNG arena: Our Energy Moment, which is a recently-established coalition formed to educate the public about the benefits of LNG exports. e organization highlights how techno- logical breakthroughs and more efficient production have resulted in expanded U.S. reserves, which signal an overall shiſt in the domestic energy landscape. • See INNOVATIONS, page 8 LAGCOE shines spotlight on innovative technology ROGER JORDAN MARK W. DEROUEN, 5D Oilfield Magnetics JASON FRENCH, Cheniere Energy
Transcript of T a ae D Cheniere: Louisiana’s Sabine Pass LNG … · Q H SE TRAINING & CONSU LTING ... were it...
The Cajundome and Convention Center, Lafayette, Louisiana USA | LAGCOE.com
2013 Louisiana Gulf Coast Oil ExpositionShow Daily Newspaper Published by
Fueling Global Energy Solutions
www.knightoiltools.com
INTERNATIONAL
RENTAL TOOL SERvIcES
FIShINg SERvIcES
MANuFAcTuRINg
WELL SERvIcES
INSPEcTION & hARdbANdINg
QhSE TRAININg & cONSuLTINg
People Make the Difference.™
Visit us in booth EH70
Day Three Thursday | October 24, 2013
All others simply fall fl at. We’re the only company that builds both drilling and well-servicing pumps. We
innovate relentlessly, packing maximum performance in a minimal footprint. We test rigorously, ensuring our
products have the longest service life in the industry. And with our aftermarket program we offer a breadth
of OEM parts, certifi ed service and support to ensure our customers can confi dently meet their productivity
quotas, and then some. That’s more than a guarantee. That’s a promise you can reach out and touch.
GET READY FOR IN-YOUR-FACE PERFORMANCE.
Connect with us at: 1-866-GDPUMPS pumpingperfected.com GardnerDenverPumps GardnerDenverPumpsTV @GDPumps
GARD-409_LAGCOE Show Daily_1007.indd 2 10/9/13 12:29 PM
Ever since Colonel Edwin Drake drilled the first oil well in Pennsylvania, the oil and gas industry has been pushing the limits of contemporary technology, in an ambitious bid to discover and recover additional reserves. The spirit of fearless innovation, of never set-tling for the status quo, of being willing to look outside the box, continues to be exemplified by professionals from throughout the industry. After all, where would the industry be today, were it not for the late George Mitchell’s tireless efforts to crack the Barnett shale?
Having been a prominent feature in the oil and gas industry’s calendar since 1955, LAGCOE is com-mitted to supporting this spirit of innovation, and recognizing and rewarding new advances within the industry. In keeping with this commitment, six com-panies came together on Wednesday morning to present the latest in oilfield innovations at LAGCOE 2013’s highly-anticipated Spotlight on New Technology session. This is the third time that this well-attended event has been held.
The prestigious award program was set up to rec-ognize companies that have developed game-changing
technologies that further the process of discovering and producing oil and natural gas. The companies as-sembled ranged from long-standing industry giants, such as Baker Hughes, to smaller, newer companies, such as Zahroof Valves Inc. The winning companies, which were announced in September, each had the chance to present brief overviews of their innovations to the packed room. The presenting companies, and their innovations, were as follows:
• 5D Oilfield Magnetics—The Open Hole Net is composed of highly-focused magnets that catch and hold metallic objects. Not only does the system catch dropped objects, such as a wrench, but it also traps metallic objects, such as pieces of damaged pipe, that are being circulated out of the wellbore. The system prevents these objects from affecting operations and negates the need for time-consuming fishing operations. The system can benefit operators, rig contractors, and ser-vice providers. The system, which is installed on top of the annular, requires no power source, and neither does it require any additional personnel to
be present on the rig. You can view the system at Booth BOS257.
• Baker Hughes—The FASTrak LWD fluid analy-sis sampling and testing tool provides knowledge of the reservoir fluid properties, so that critical decisions can be made. The FASTrak service in-cludes accurate, real-time, formation pressure
Cheniere: Louisiana’s Sabine Pass LNG expects first exports by 2015MELANIE CRUTHIRDS
Cheniere Energy’s Jason French gave a keynote address on Wednesday. He shared details with attendees regarding the company’s Sabine Pass LNG project, which is located on the Texas/Louisi-ana border. French, who is Cheniere’s director of government and public af-fairs, traced the evolution of Sabine Pass, which began as an import-only terminal and is now slated to soon be the world’s first bi-directional facility of its kind.
In greenfield projects, progress hap-pens in stages, and the first stage of Sa-bine Pass’ facelift is the construction of four (out of six) LNG trains. This stage is now underway. French said the first LNG is expected to be ready for export by mid-2015, upon the completion of Train 1; the expected completion date for all six trains is 2019.
The company has already received the necessary governmental permits for the export of 2.2 Bcfgd from the first four trains, representing a $12-billion investment in liquefaction power. Per-mitting for exports out of Trains 5 and 6 is still working its way through the federal review process. French said the company hopes to begin construction on the last two trains in 2015.
Once the company has completed its $18-billion overhaul of the site, Sabine Pass will be able to produce 3.5 Bcfgd, with customers already locked into 20-year purchasing agreements. After spending $1.6 billion to construct an LNG terminal designed for import and gasification at Sabine Pass, Cheniere switched gears upon entering the U.S. natural gas boom, and laid out its cur-
rent plan to enable both import and ex-port at the facility.
Elsewhere, said French, Cheniere is planning a three-train LNG project in Corpus Christi, Texas, with all ma-jor permits on that site already having been filed. The company has already received an EPC contract price for that site, and hopes to begin construction by 2015. According to the company’s website, the Corpus Christi terminal will have a 2.6-Bcfgd production capac-ity and three storage tanks. Around the country, LNG terminals are being pro-posed—not just by Cheniere—on the East, West and Gulf coasts.
French also mentioned another ongo-ing effort in the LNG arena: Our Energy Moment, which is a recently-established coalition formed to educate the public
about the benefits of LNG exports. The organization highlights how techno-logical breakthroughs and more efficient production have resulted in expanded U.S. reserves, which signal an overall shift in the domestic energy landscape. •
See innovations, page 8
LAGCOE shines spotlight on innovative technologyROGER JORDAN
Mark W. Derouen, 5D Oilfield Magnetics
Jason French, Cheniere Energy
