10TH INTERNATIONAL OIL & GAS CONFERENCE AND EXHIBITION
14th -17th October 2012, New Delhi www.petrotech.in
Hydrocarbon and Beyond: Changing Landscape
Vol. VII Issue 5 April - June 2012
Panaromic View of HMEL Bhatinda Refinery (Cover Story)
Petrotech 2010Delegates: 3836
Petrotech 1999Delegates: 1875
Petrotech 1995Delegates: 1591
Petrotech 1997Delegates: 1500
Petrotech 2001Delegates: 2676
Petrotech 2003Delegates: 3376
Petrotech 2005Delegates: 3872
Petrotech 2007Delegates: 4032
Petrotech 2009Delegates: 3715
C O N T E N T SForeword Sudhir Vasudeva, Chairman Petrotech, CMD ONGC 3
Messages Naresh Kumar, President Petrotech & CMD, Deepwater Drilling Industries Ltd. 5 Ashok Anand, Director General Petrotech 6
Editorial Anand Kumar, Director Petrotech 7
Petrotech welcomes New Corporate Leaders of Oil and Gas Industry 9
CEOs SpeakR K Singh, Chairman and MD BPCL 12A K Balyan, CEO & MD Petronet LNG
Cover StoryHPCL-Mittal Energy Limited 15
Drilling Technology - AdvancesLaser Drilling Technology – Future of Hydrocarbon Industry 18Shailendra Dutta
Unearthing the potential of digital oilfield technology 24 Source: From Public Publication of Deloitte
Undrained oil production from a 55 years old field 26 Sasanka Sekhar Deb
Project Management Chennai- Bangalore Product Pipeline Project: An Engineering Marvel in Project Implementation 29U K Dhoot
Sustainability Carbon & Water Management for Indian Hydrocarbon Industry 34Rajkumar Ghosh
Alternative Energy Residential Solar Electricity in Delhi-A Case Study 40Chudamani Ratnam
Asset Reliability Ultrasonic Energy Measurement 44Mike Johnson and John Ward
20 Minutes with... 48Karl M Phipps
STLE Certification 50Dr Robert M Gresham
CSR ONGC- A company that cares 52
CSR - A Lawful conformation today 54Dr U D Choubey
Back2School Fundamentals of E&P 57
Distillation Troubleshooting 60
Special Feature: Women in BusinessWomen Leaders of Indian Oil Industry 62Arpana Anand
TechScsn 65
Industry Kaleidoscope 69
Book Scan 71
Petrotech Activities 72
Editorial Team
Ashok Anand
Director General
Anand Kumar
Director & Editor
G Sarpal
Secretary
Suman Gupta
Manager
The views expressed by the authors are their
own, and do not neccessarily represent that of
the Petrotech.
Published by
Petrotech at 601-603, Tolstoy House,
Tolstoy Marg, Connaught Place, New Delhi - 110 001
Corporate Members
JoP, April-June 2012 3
Dear Colleagues,
Technology is a key enabler;Technology is a key differentiator;Technology is a key business driver;Technology is a key strategic resource;Technology is also a key cost saver; please allow me to elaborate.
The general belief is that just as all cost indices move up with time, so do our operating costs. In fact an inter-temporal graphical representation of operating expenditure of most of our companies in the hydrocarbon space will invariably indicate an acclivity.
I too held firm to this belief until a report of the US Department of Energy of 1999 vintage came to my attention. This report entitled “Environmental Benefits of Advanced Oil and Gas Exploration and Production Technology” determines that (reproduced from the said report):
• 22,000fewerwellsareneededonanannualbasistodevelopthesameamountofoilandgasreservesasweredevelopedin1985
• Hadtechnologyremainedconstantsince1985,itwouldtaketwowellstoproducethesameamountofoilandnaturalgasasone1985well.However,advancesintechnologymeanthatonewelltodaycanproducetwotimesasmuchasasingle1985well
• Drillingwasteshavedecreasedbyasmuchas148millionbarrelsduetoincreasedwellproductivityandfewerwells
• Thedrillingfootprintofwellpadshasdecreasedbyasmuchas70percentduetoadvanceddrillingtechnology,whichisextremelyusefulfor drilling in sensitive areas
• Byusingmodulardrillingrigsandslim-holedrilling,thesizeandweightofdrillingrigscanbereducedbyupto75percentovertraditionaldrilling rigs, reducing their surface impact
• Hadtechnology,andthusdrillingfootprints,remainedat1985levels,today’sdrillingfootprintswouldtakeupanadditional17,000acresof land
ThedatacapturesimpactoftechnologicalbenefittotheE&Pindustryfrom1985to1999.Surprisingly,nofurtherstudyappearstohavebeencommissioned on how technology in our industry has been a cost saver and efficiency multiplier rolled into one.
Wecouldthereforedrawtheinferencethatwhileour‘opex’trendsinvariablyhead‘North’,thesteepnessofthisacclivitywouldhavebeenmuch more pronounced, had technological evolution remained a constant.
Aswemovedeeperintobrown-fielddevelopment,‘reflectiveseismictechnology’nowenablespreciselocationof‘oilpools’thatwerehitherto‘invisible’tous,therebygreatlyreducingdrillingcostasalsoenablingustomonetise‘lost’production;aclearcaseofefficiencymultiplicationinaction.Insimilarvein,‘through–tuberotarydrilling’,‘slim–hole’drilling,‘horizontalproductiondrilling’facilitatedby‘tight–turn’drillingtechnology,‘coiledtubing’,‘measuringwhiledrilling(MWD)’,‘CO2–sandfracturing’arebutafewdevelopmentsthatconstantlyenableustoenhance production levels as well as to rein – in operating expenditure that would otherwise have increased exponentially.
Asinmaintenanceofexistingoperations,thechallengesofmonetising‘exigenthydrocarbon’,especiallydeepwaterandunconventionalresourcesare also being addressed by technological evolution. Deep and Ultra – deep operations are as scientifically complex and challenging as space programmes, perhaps even more so, yet we are there and improving our confidence each day through the inevitable process of iteration in fine-tuningandcustomisingproducts.TheShalegas revolutionandnowShaleoil,emerged fromdevelopments in‘hydro-fracking’andnowasthistechnologyincreasinglydrawsflackforitsadverseenvironmentalfootprint,propane–based‘fracking’hasbeendevelopedandimplemented that completely eliminates use of water, a most precious resource.
Disruptive technology is constantly being developed to radically change the way we presently operate; a few examples for your consideration:
• ‘NXTEnergySolutions’claimtoraisethesuccessoffirst–passprospectingfortrappedhydrocarbonreservesundergroundbyupto70%bydeployingtheirunique“StressFieldDetectionSurveys’.PioneeringcompaniessuchasEcopetrolandPacificRubialeshavealreadyadopted it
• Coaltoliquidispassé;coaltochemicalssuchasammoniaandmethanolisthenextbigthing.Whileafewplantsareinoperationinthe
Foreword
JoP, April-June 20124
UnitedStates,it isChinathatisgivingthisconceptthebigpushwithaninvestmentofnearlyUS$140Billionoverfiveyearsintothistechnology
• MantraVentures,apioneerintheCarbonCaptureandRecyclespace(CCR),proposetodeployaprocesstermed‘Electro-reductionofCarbonDioxide(ERC)thatcombines‘captured’carbondioxidewithwatertoproducehighvaluematerialssuchasformicacid,formatesalts,oxalicacid,andmethanol.Theytoohavefoundsupportfroma$12Bmarketcapcompany,Lafarge(OTC–LFRGY),thelargestbuild-ingmaterialsproviderinNorthAmericaandPowertechLabsInc.,asubsidiaryofCanadianutilityBCHydrothatspecializesinthedesignand testing of clean energy systems
These are a few examples of tech – savvy pioneers placing huge bets hinged on disruptive technology that have found crucial support from established industry players. There would surely be many more such examples and it would be most enlightening for our readers if they were to find space in this journal. I invite you to share your views on these and other related subjects that could be highlighted in the next editions of this journal.
Meanwhile,HappyReading!!!
Sudhir VasudevaChairman, PetrotechCMD ONGC
Top Related