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Drilling & Production
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Strong production expected through 2018 after Suncor completes turnarounds

Suncor announced recently that with the completion of major planned turnaround activities and strong production from growth projects, Q2 production to date averaged approximately 636,000 barrels per day (bbls/d) reflecting the significant planned turnarounds in the quarter, and exited May at approximately 800,000 bbls/d. 

Planned turnaround work experienced some delays and additional work, but is now complete at Syncrude, Suncor's Oil Sands base plant and its four refineries. In June these assets are expected to run at full rates.  The Hebron and Fort Hills growth projects are delivering production that is exceeding expectations. 

"The Fort Hills mega-project has surpassed expectations; it came online safely, ramped up well ahead of schedule and it's producing a high-quality, fungible bitumen that is expected to continue to receive a premium price to in situ bitumen. We are especially appreciative of the dedication and careful planning and execution that our team and partners have demonstrated in achieving this remarkable result," said Steve Williams, president and chief executive officer. "Fort Hills' bitumen has the same GHG emissions intensity per barrel as the average crude refined in the U.S. Our investors and stakeholders can be proud of advances being made in decreasing the carbon intensity of our production." 

Following the May 11, 2018 commissioning of Fort Hills' third and final train of secondary extraction, Suncor tested the plant at full capacity, proving the design capacity of 194,000 bbls/d. In addition, the company has completed a seven-day reliability test of the plant running in excess of 90% capacity (175,000 bbls/d) with no significant issues. 

With the advanced commissioning of the final train of secondary extraction, the plant has ramped up earlier than anticipated. As a result, while the company will be accelerating the growth of planned mine capacity to align with the plant capacity, Fort Hills is expected to continue to track at the high end of guidance for the quarter. Looking forward to Q4, Suncor is now targeting 90% average production at Fort Hills, up from the original guidance which had a Q4 midpoint of approximately 80%.

When the joint venture partners announced that they would proceed with the Fort Hills project in 2013, the total project cost was estimated at a capital intensity of approximately $84,000 per flowing barrel, the project was scheduled to produce first oil as early as the fourth quarter of 2017 and was expected to achieve 90% of its planned production capacity within 12 months. Save for a few weeks delay of first oil, for Suncor the project's overall fundamentals and ramp up have been delivered faster or better than forecasted.

The successful completion of the Fort Hills project is the direct result of a well-developed and executed strategy to level load construction, accelerated commissioning plans using synergies between base plant and Fort Hills, the progressive turnover of assets from construction to operations, and the staged ramp up of production over time. The project was built during a period of low oil prices and has come online just as oil prices have strengthened. Suncor expects Fort Hills will continue to provide significant returns for decades.

With production from both Fort Hills and Hebron ramping up earlier than anticipated and the completion of major planned maintenance at Suncor's oil sands and downstream operations, Suncor is well-positioned for strong production performance for the remainder of the year

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Pipelines

Surerus Murphy JV named as Coastal GasLink pipeline contractor

Surerus Murphy JV named as Coastal GasLink pipeline contractor

Surerus Murphy Joint Venture (SMJV) is pleased to announce that it has been named as one of four contractors for TransCanada Pipeline's (TCPL) Coastal GasLink pipeline project. SMJV brings together two leading family owned construction companies, Surerus Pipeline Inc. of Fort St. John, B.C. and J. Murphy & Sons Ltd. of London, UK. As a fully integrated joint venture, the company has completed pipeline projects in some of Western Canada's most challenging terrain and takes pride in its motto of "Safe Work. Quality Work." 

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Industry News

U.S. natural gas production may grow up to 60 percent in next 20 years

A well in the Pennsylvania Marcellus Shale.  – Flickr user wcn247, used under Creative Commons license https://creativecommons.org/licenses/by-nc/2.0/

A decade since the start of a shale gas revolution that unlocked new supplies and resulted in a "wholesale turnaround" in U.S. production, the overall size of recoverable gas reserves continues to increase and the pace of production growth is only accelerating, a new report by business information provider IHS Markit says.

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Liebherr showcases latest crane innovations at Customer Days 2018

Liebherr has successfully wrapped up it's impressive 2018 Customer Days event at its mobile crane facility in Ehingen, Germany. Established in the early 1990s and taking place every three years, the Customer Days event has grown substantially. This year 3,000 customers from over 80 countries descended on the sprawling factory grounds to see first-hand the impressive range of cranes on display. 

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Asset Management

NOV launches GoConnect condition monitoring services

NOV launches GoConnect condition monitoring services

National Oilwell Varco, Inc. has announced the commercial launch of GoConnect condition monitoring services for intervention and stimulation equipment, which provides real-time process monitoring, predictive analytics, and condition-based maintenance capabilities for NOV's pressure pumping, coiled tubing, nitrogen, and wireline equipment. The GoConnect system uses machine learning to provide data-driven insights into the condition, health, and performance of customers' equipment and operations. The GoConnect system's capabilities allow customers to reduce downtime-related costs, enhance equipment performance, and improve operational efficiencies of completion services.

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Pipelines
Software & IT

Web-based software improves pipeline survey speed and quality

Web-based software improves pipeline survey speed and quality

American Innovations is pleased to announce Survey Manager, the first product in the company's new Concentric product line, is now available for purchase. The goal of Concentric products is to use cloud and mobile technology to help pipeline personnel collaborate on survey data and get more accurate insights, faster. Survey Manager does this by allowing surveyors and their supervisors or clients to collaborate on data in real-time, using a rich dashboard that can display survey data on a map, in a grid or on a chart. Users can view these three data displays simultaneously, allowing them to better visualize and analyze their survey results. 

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Pipelines

Eagle Spirit, unions sign MOA for pipeline proposal

Back Row – (L to R) Heiko Wiechern - International Representative, UA Canada; James Kennedy - Director & Administrator, Eagle Spirit Energy Holdings Ltd.; Mark Olsen - Western Canada Sub-Regional Manager, LIUNA; Walter Canta – Business Manager, Teamsters Local 213; Gary Kitchen – Director of Construction, Teamsters Canada; Patrick Campbell – International Representative, IUOE Sitting – (L to R) Calvin Helin – Chairman & President, Eagle Spirit Energy Holdings Ltd.; Brian Cochrane – Business Ma (CNW Group/International Union of Operating Engineers)

Eagle Spirit Energy Holdings Ltd. and Canada's Four Pipeline Craft unions are pleased to announce the signing of a Memorandum of Agreement (MOA) to collaboratively pursue and deliver the Eagle Spirit Energy Corridor Project (the Project) from Fort McMurray, Alberta to Grassy Point, British Columbia (B.C.). 

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Pipelines

Durable screw and vane pumps from SPX FLOW

Within the SPX FLOW business, the breadth and depth of pumping knowledge is based on decades of pump development and experience. From its Plenty brand comes a wide range of vane and screw pumps which are widely used for the pumping of heavy viscous fluids across industries such as oil & gas, power generation and naval, and are ideal for forced lubrication of rotating machinery and fuel transfer processes.

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Industry News

Permian Basin production expected to rise by 3 million bpd by 2023, report shows

Permian Basin production expected to rise by 3 million bpd by 2023, report shows

Oil production in the Permian Basin, already a major force in global supply growth, will rise nearly 3 mbd by 2023 — a level of growth exceeding most recent estimates, a new outlook by business information provider IHS Markit says. What the report describes as a "stunning" level of growth will comprise more than 60 percent of net global production growth during that timeframe.

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Power Systems

Siemens low-voltage motors tailored for chemical, petrochemical, oil and gas uses

Simotics XP Chemstar is a customized solution from Siemens for the chemical and petrochemical industries as well as oil and gas. The new low-voltage motors are offered with preconfigured industry-specific option packages tailored to the specific requirements of the process industry. Benefits for customers include fast, simple processes, standardized components and low lifecycle costs. These motors offer a high level of reliability under even extreme conditions and in potentially explosive atmospheres while providing precisely tailored compliance with industry-specific requirements.

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Power Systems

Volvo Penta targeting electric power introduction for 2021

Volvo Penta’s chief technology officer, Johan Inden, and system engineer, Karin Åkman, discuss innovation for electromobility at the company’s new development-and-test laboratory in Gothenburg.

With the aim of becoming a driving force in sustainable power solutions, Volvo Penta is going full charge into hybrid and all-electric drivelines, offering electrified solutions in both its marine and industrial segments by 2021.

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Pipelines

SPX FLOW ClydeUnion pumps designed for most stringent of demands

The SPX FLOW ClydeUnion Pumps brand is well known for its pumping solutions in demanding markets such as oil exploration, refining and distribution, water treatment and distribution, desalination and other industrial processes. With 140 years of expertise in the field of flow technologies, a continuous program of research and development, and the ability to precisely engineer and customize pumps to exact process requirements, ClydeUnion Pumps is a partner of choice for critical pumping solutions.

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Radio remote control offered for J D Neuhaus hoists and cranes

J D Neuhaus (JDN) has further enhanced their remote control capabilities. This innovation will bring exceptional ease-of-use and convenience to users across all industries. Three remote control models are now available, RC-X, RC S and RC-SP, each comprising of a transmitter and receiver and all can either be integrated in existing JDN solutions or directly combined with a new JDN hoist.

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Industry News
Software & IT

SAP and Endress+Hauser work on joint IIoT solutions

SAP and Endress+Hauser will intensify their cooperation in the development of Industrial Internet of Things (IIoT) applications for the process industry. The enterprise software market leader and the specialist for process and laboratory measurement technology made the announcement during ACHEMA in Frankfurt, Germany, the world's leading trade fair for the process industry. In future, both companies intend to work closer together in the development of joint solutions, sales and customer implementation.

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