HEAVY IRON NEWS
New Technology Is Reducing Oil Transportation Costs
Design Team • May 10, 2016
As the oil and gas industry has been hard at work decreasing its oil production costs, the oil transportation industry has been similarly engaged. The need for oil transportation on a national and global level has been increasing alongside the need for oil throughout the world. As oil production ramps up in the United States, the old oil transportation methods have become insufficient and inefficient for the new volume of materials that need to be moved. New technologies are presently being developed to make it easier and faster to transport oil, thereby reducing overhead for the industry as a whole.
NEW BIOSURFACTANT TECHNOLOGY LOWERS OPERATING COSTS
A new biosurfactant produced by the Mexican Oil Institute may be able to lower the viscosity of oil, making it easier for oil to be transported. The surfactants aid in the process of mixing oil with water, which will then create an amalgam that flows more smoothly along the lines. This will be beneficial any time oil needs to be moved through pipes, either on lengthy travel or from machine to machine. Without biosurfactants , oil and water do not mix, and the inconsistent viscosity of the fluid can actually create problems rather than solutions. The biosurfactants produced by the Mexican Oil Institute are still being tested and are one of many new technologies being developed.
TRANSPORTING OIL THROUGH NORTH AND SOUTH AMERICA
With the increased production of oil throughout Canada and the United States, the major problem that has developed is transporting it to the areas that need it. Even in the United States alone, new pipelines are being developed to take oil from state to state, and current methods of oil transportation are costly and inefficient. By improving pipelines and transportation technology across the American continent, domestic oil production may be able to continue to ramp up and begin distributing oil and a low cost to other countries, such as Canada and Mexico. This will further position the domestic oil industry as a leader within the global market.
Decreased oil transportation costs are better for all involved parties. Not only will the oil and gas industry be able to recover wider profit margins, but the cost of energy and gasoline will go down, thereby improving the economy. In addition to using new technology to reduce oil transportation costs, new technologies are also being developed to make oil transportation much safer. Until these new technologies reach the market, companies will need to rely upon reliable, safe, traditional oilfield equipment. At Heavy Iron Oilfield Services, LP, all equipment is thoroughly inspected and staff members are trained on current safety standards. For information about safe, efficient, and affordable oilfield equipment and machinery, contact Heavy Iron Oilfield Services, LP today.
Subscribe to Email Updates
Recent Post
A new project in development in Oman may be able to revolutionize the way that people think about solar energy and oil and gas. The Miraah project currently being developed will use solar power in order to produce oil, thereby reducing the amount of natural gas Oman residences will need to rely upon. Ideally, the Miraah project will be able to address many of the outstanding issues with solar technology related to energy capture, while creating a more efficient and effective method of oil production.
Xodus Group, an international group of energy consultants, has now completed the first stage of its multiphase flow research project , and is now entering the second. Multiphase flow is designed to research, simulate, and predict how dynamic forces act within the piping that is commonly used throughout the oil and gas industry, for a better understanding of the technology's potential improvements.
Reports have revealed that two-thirds of the natural gas in the United States are now coming from fracking , thanks to the extensive shale gas resources and the proliferation of unconventional drilling throughout the country. Natural gas is increasingly being used throughout the globe as a more environmentally-friendly alternative to goal, and the domestic energy markets are seeing a significant reduction in utility costs.
The Gulf of Mexico has been steadily increasing its oil production despite concerns regarding plummeting oil prices. In fact, production has increased enough that the Gulf of Mexico is expected to reach a record high in 2017 . Many oil production companies and unconventional drillers have increased production throughout the United States rather than slowing down. Despite this, oil and gas remains a big and booming business.
As both crude oil and natural gas prices continue to drop, many oil and gas companies have been looking at ways to improve the effectiveness and efficiency of their oil and gas production. Rather than scaling back operations, companies are increasingly looking towards technology to reduce costs and thereby increase profits. Ambient seismic imaging is a new tool that could radically improve the process of discovery .
