Petroleum Technology Transfer Council

PEOPLE AND CONNECTIONS
Shortening the Technology Application Life Cycle

Technology—The Engine That Drives O&G Production




Industry Highlight: Field Measurement/Automation Operating by Exception Increases Production
Operating by exception relying on real-time data from automated fields increases production. When operating by exception, field and engineering staff can focus their efforts only on wells or parts of the system needing attention. Producers using
eLynx Technologies system noted the following: "improved efficiency and increased daily production by 20 to 25 percent, "allowed the field personnel to operate by exception, which in turn has increased our production by 3 to 5 percent". PTTC is certain that producers using systems developed by other vendors have similar verifications. The key point is—gathering and working with real-time data makes $ and cents.

DOE Highlight:  Funding Opportunities Forthcoming by Mid-Summer, Microhole and Field Technology Development w Independents
DOE recently alerted industry to forthcoming funding opportunities within two of their programs.
Microhole Technology Development
-- to enhance Coiled Tubing Drilling capabilities. Up to $6 million, 20% minimum cost share required. Up to 12 awards expected.

Field Technology Implementation with Independents -- to demonstrate advanced or underutilized technologies (advanced chemical recovery techniques and advanced reservoir characterization technologies) in oil fields operated by independents. Funding estimate not available, 50% minimum cost share required. Up to 5 awards expected.

Be thinking ahead how funding might leverage existing plans or create opportunities for you.

PTTC Highlight: National Webcast, Thu. May 27, 10:30 am  Power Consumption Reduction Case Studies
Watch producers and vendors report on case studies of power reductions achieved through installation of various types of equipment, pulling from a database of 160 wells where data were gathered as part of an energy efficiency rebate program through the California Public Utility Commission. Topics include pump-off controllers, variable frequency drives, line loss reductions, submersible pump operations and more. Participate individually or gather a few like-minded associates to view the Webcast. A phone call-in line will be provided so you can pose your questions to speakers. This 3-hour workshop is co-sponsored by PTTC's West Coast Region and Global Energy Partners.

Trivia Question:  What product did the man whom college football's most prestigous award, the Heismann trophy, is named after help make for the early oil industry in Pennsylvania?

Trivia Answer: John Heisman, for whom the Heisman trophy was named after, worked for his father in the Stephens and Heisman Cooper Shop in Titusville, Pennsylvania. Among other things, the Shop made wooden barrels for those producing oil in the Oil Creek area.  Acknowledgment: Idea for this trivia question stimulated by information provided by the American Oil and Gas Historical Society.