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Drilling & Production
Industry News

Blackbird to acquire new Montney properties from Paramount

Blackbird Energy Inc. has entered into a letter of intent with Paramount Resources Ltd. for the acquisition of 13 gross sections of Montney rights (3.1 net) for total consideration of 5 million Blackbird common shares. These lands are contiguous with Blackbird’s existing lands and will, upon closing, increase Blackbird’s Montney rights at Elmworth / Pipestone to 115 gross sections (99.9 net).

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Sponsored Content

TESTS SHOW VOLVO AT 20 PERCENT LOWER COST PER TON

The Volvo EC350E and EC380E were put up against two industry leaders to see how each would perform in terms of productivity and fuel efficiency. The four comparable machines were equipped with fuel meters and put through the same test, loading trucks at maximum power. The results were used to calculate estimated time and cost to move 551,156 U.S. tons (500,000 metric tons) of material. Calculations are based on 50-minute work hours, 8 hours per day.

The Result: Volvo delivered a 20% lower cost per ton and moved 15% more material per hour.

Get tips about how to get the most from your excavator at volvoce.com/exfactor. 

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Instrumentation, Systems & Automation
Software & IT

Advanced GE technology selected for Louisiana LNG facility

Venture Global LNG, Inc. has selected GE Oil & Gas as a strategic partner to provide a plant-wide technology solution for its liquefied natural gas (LNG) export facilities under development in Louisiana.  Under the agreement, GE Oil & Gas will leverage advanced technologies from across the broader GE portfolio to deliver a comprehensive power, pretreatment and LNG liquefaction system.  The agreement provides for the delivery of a complete LNG process system with defined schedule, price and performance standards.  

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Instrumentation, Systems & Automation

Functional next generation pressure sensors

Festo’s next generation pressure sensors SPAU and SPAN offer customers excellent functionality and versatility along with fast, easy installation and commissioning. These economical additions to the Festo range of sensors are designed to simplify choice and reduce complexity for engineers. SPAU is Festo’s new flagship machine and cell level pressure sensor, while SPAN is an all-new compact, low cost model – in a 30x30 mm format. Their IO-Link functionality makes SPAN and SPAU fast and easy to set up and commission and also enables remote maintenance and parameterization.

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Industry News

Fluor takes on construction-related support for Woodfibre

Fluor Corporation announced today that it has signed an agreement with JGC America, Inc. (JGC) to provide construction-related support to the front-end engineering and design (FEED) services for the Woodfibre Liquefied Natural Gas (LNG) project in the District of Squamish near Vancouver, British Columbia, Canada. Fluor booked the undisclosed contract value in the fourth quarter of 2016.

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Asset Management

Ritchie Bros. to provide corporate asset management services for Shell

Ritchie Bros. has signed an enterprise framework agreement with Shell, for redeployment or sale of industrial assets and equipment. Ritchie Bros. will be leveraging its integrated suite of asset management tools to implement a cloud-based solution for Shell—allowing for easy redeployment of assets within the Shell organization or sale of surplus assets to third parties. 

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Industry News

B.C., First Nations reach agreements on benefits resulting from LNG development

The Province of British Columbia and Metlakatla First Nation and Lax Kw’alaams Band have reached multiple agreements to ensure benefits accrue for First Nations as a result of the construction and operation of a liquefied natural gas (LNG) export industry in the Prince Rupert area. – BC Government on Flickr, used under Creative Commons license https://creativecommons.org/licenses/by-nc-nd/2.0/

The Province of British Columbia and the Lax Kw’alaams Band have reached multiple agreements to ensure benefits accrue for First Nations as a result of the construction and operation of a liquefied natural gas (LNG) export industry in the Prince Rupert area.

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Instrumentation, Systems & Automation

Expanded line of LVDT/RVDT signal conditioners

Alliance Sensors Group has expanded its line of LVDT/RVDT signal conditioners to include the SC-100 DIN-rail mountable AC-LVDT Signal Conditioner module that offers smart and fast LVDT setup with built-in null indication and simple front panel pushbuttons to set zero and full scale.  The SC-100 is engineered to work with the widest range of AC-operated LVDTs, RVDTs, and inductive half-bridge position sensors and was specifically designed to be compatible with both Marposs and Solartron analog pencil gaging probes.

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Pipelines

Exploring best practices for ensuring gas pipeline integrity

Oil and Gas exploration continue all over the world and as more hydrocarbon sources are found the demand for pipelines to transport oil and gas increase. However, pipeline operators are under severe financial and social pressure to avoid incidents that cause crude oil and natural gas leaks. With regulators scrutinizing pipeline projects, the reputation of the entire industry is at risk. This is why pipeline integrity must become the focus of discussion. 

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Offshore Technology

Unique bend restrictor earns API 17L1 certification

Trelleborg’s offshore operation in Skelmersdale in the U.K. has been certified for the design of its Bend Restrictor Reaction Flange under the American Petroleum Institute’s specification for flexible pipe ancillary equipment (API 17L1 Ed. 1 2013). Having acquired the design review certification for the standard bend restrictor element in 2016, Trelleborg’s complete bend restrictor product is now API 17L1 certified.

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Industry News

Alberta marks 70 years since first big oil find

Municipal Affairs Minister Shaye Anderson; Dan Claypool (who worked on site 18 months after discovery); Tim Hawkins, President, Leduc/Devon Oilfield Historical Society; Energy Minister Margaret McCuaig-Boyd; Mark Scholz, President, Canadian Association of Oilwell Drilling Contractors; Don Hunter (son of Vern Hunter who drilled the discovery hole).

On Feb. 13, 1947, a crew of roughnecks struck black gold in a farmer’s field, launching a second oil rush in Alberta and confirming the importance of oil and gas in the province.

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Drilling & Production

Pason Systems awarded first license of ExxonMobil's Drilling Advisory System

ExxonMobil has awarded Pason Systems, Inc. the first global license of its patented Drilling Advisory System™, a key component of the company’s Fast Drill™ technology suite. The licensing agreement accelerates the technology’s commercialization by combining Pason’s expertise in drilling data and ExxonMobil’s experience in drilling surveillance and optimization.

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