December 4, 2018 Gas flaring in the Permian Basin reached an all-time high in the third quarter of 2018, as the persistent rise in production collided with severe takeaway capacity challenges in the world’s most prolific shale play. Rystad Energy estimates that gas flaring in the Permian averaged 407 million cubic feet per day in…
Driving Digital Transformation In Industry and Cities February 4 - 7, 2019 Orlando, Florida Please click on this image to register. Forum Programs Advanced Analytics and Machine Learning Asset Performance Management Automation Innovations Connected Smart Machines Cybersecurity and Safety Industrial Internet Platforms IoT Network Edge Infrastructure and End Devices IT/OT/ET Convergence Smart Cities
Lisa Cooper, VP of Integrated Services at Aware360, lead a session on behavior-based safety in driving. Lisa is an expert in telematics - the branch of information technology that deals with the long-distance transmission of computerized information. Aware360 states that driving causes 41% of all fatal workplace injuries and that 90% of crashes are caused…
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It appears that the increase in flaring of natural gas is not tied to the low price of gas, according to the first two figures below. Even in 2004 when gas prices were fairly high, flaring was already on the rise. In either case, flaring natural gas does not really make scientific nor economic sense…
I would not get too excited about this cut. From 11/23/2018 to 11/30/2018, the US increased oil exports by 0.8 million barrels per day; and this number will probably be higher in the next year. Click on the image below to view the report from CNBC.
Here is a snapshot of how America has become energy independent over the years, especially in recent times.
The EIA published its Weekly Petroleum Status Report. Here are some highlights. All items are in millions of barrels per day except inventories, which is billions total. Dates are defined as week ending averages, except utilization rate which is a four week ending average. The full report can be found here. Item 11/30/18 11/23/18 Refinery…
