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Last updateFri, 05 Feb 2016 4pm

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Is Your Company Ready for The New Reality?

Is Your Company Ready for The New Reality?

Since August, 2015, when VMA’s 201...

Offshore Oil Extraction and Transportation

Offshore Oil Extraction and Transportation

Offshore oil facilities come to the fore...

Back to Basics: Pressure Relief Devices, Part 2

Back to Basics: Pressure Relief Devices, Part 2

In Part 1 of Pressure Relief Devices, wh...

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Industry Headlines

Watson Valve Announces Watson Valve Services, Australia

3 DAYS AGO

Watson Valve Services Inc. announces Watson Valve Services, Australia. Watson Valve will now have the ability to support the supply of its severe service valve products to non-U.S. domestic sites from its Australian based service agent, Process Plants International (PPi) under the name, Watson Valve...

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Velan Makes Changes to Management Team

3 DAYS AGO

Velan recently announced that Executive Vice-President (EVP) Ivan Velan has decided to reduce his work scope, but will remain with the company as Special Advisor to the President, Yves Leduc. Ivan will lead key projects and continue to support the management team.

Martin Allen joined Velan’s ...

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U.S. Oil Inventories Now at Record High

3 DAYS AGO

Several factors have played a part in pushing U.S. crude oil prices below $30 per barrel, including high inventory levels of crude oil, uncertainty about global economic growth, volatility in equity and non-energy commodity markets, and the potential for additional crude oil supply to enter the mark...

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FERC Approves $3.2B Sabal Trail Pipeline Project

3 DAYS AGO

Sabal Trail Transmission, LLC, a joint venture of Spectra Energy Partners, LP, NextEra Energy, Inc. and Duke Energy, received a certificate of public convenience and necessity from the Federal Energy Regulatory Commission (FERC) to construct and operate the Sabal Trail interstate natural gas pipelin...

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U.S. Adds 151,000 Jobs, Unemployment Rate Down to 4.9%

2 DAYS AGO

Total nonfarm payroll employment rose by 151,000 in January, and the unemployment rate dropped 0.1% to 4.9%, the lowest since Feb. 2008. Job gains occurred in several industries, led by retail trade, food services and drinking places, health care and manufacturing. Employment declined in private edu...

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U.S. Factory Orders Down 2.9% in December

3 DAYS AGO

New orders for manufactured goods in December, down four of the last five months, decreased $13.5 billion or 2.9% to $456.5 billion, the U.S. Census Bureau reported today. This followed a 0.7% November decrease. Overall, December orders were 6.6% below where they were one year ago.

Machinery orders...

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The Rough-And-Tumble Oil And Gas Industry

spr11_oil_refinery_162px

Rugged, reliable and safe are essential characteristics to all equipment operating in this industry, and valves are certainly no exception.

Historically, the oil and gas industry has presented equipment suppliers and production personnel with difficult and demanding operating conditions. For valves, that has translated into an ever-increasing need for tougher, longer-lasting, better performing valves.

Demand for oil and gas grew tremendously during the industrial revolution and grew even further to fuel the development of western economies. This demand spurred the need for deeper wells, longer pipelines and lower production costs, which required drillers and refiners to select equipment more carefully. As production, transportation and processing technology advanced, equipment performance requirements became more and more stringent to support increasing operational efficiencies. Today, performance expectations are higher than ever because the variety of operating conditions has expanded, and the protection of personnel and the environment have been added to the list of requirements.

Valve service environments and operating conditions within the oil and gas industry are unique and extreme. From exceptionally high temperature (greater than 1,500° F or 816° C) and high pressure (greater than 25,000 psig) to cryogenic (-150° F or -101° C) or cryogenic for LNG (-260° F or -162° C ) and very low-pressure applications, valves must be engineered to perform dependably. In addition to this wide range of conditions, the remote locations of valve services also present unique challenges. Examples include deep sea valves operating 10,000 feet (3,048 meters) below the sea surface and pipeline valves exposed to the extreme temperatures found in a desert. Valves in these tough environments may stay open or closed for extended periods of time, yet they are expected to operate reliably even when they have not been cycled in many years.

spr11_fig_1Figure 1. The many stages of petroleum refining

Each segment of the oil and gas industry—upstream, midstream and downstream—offers its own examples of extreme conditions for valves. In the upstream segment, valves control the flow of crude oil and natural gas from high-pressure injection systems to choke valves and blow-out preventers at the top of wells. Valve systems are asked to perform over the many years of a producing well’s life—a life that depends on different factors such as economies and new recovery techniques. New-found sources of oil and gas from tar sands and shale formations have added to the complexity of valve specifications because they require placing oil and gas into pipelines taken to processing facilities that can be many miles away.

The midstream segment—storage and transportation of oil and gas resources from remote sources such as the deepwater fields of the Gulf of Mexico or the frozen tundra of Alaska—has another unique set of conditions. Long pipelines require compressors along the way to keep the product moving, and valves are asked to protect equipment while offering minimal restriction to the flow. Extremely low temperatures are required for converting natural gas into natural gas liquids in preparation for transportation from isolated gas fields to gas-consuming markets. Cryogenic service demands that valves be made of materials for low temperatures and other special designs. Midstream solutions for loading/offloading terminals and storage tanks for oil and gas products offer more opportunities for valve suppliers.

The third industry segment—downstream—brings challenges to find solutions for the refining process of crude oil, as well as the sale and distribution of both the refined product (i.e., gasoline, fuel, asphalt, etc.) and natural gas. This sector is made up of industrial, retail and distribution businesses and is the segment that provides products such as heating and transportation fuels to consumers and businesses. Additionally, this segment feeds raw materials to a variety of petrochemical industries that use petroleum-based products to make plastics, fertilizers, pharmaceuticals and more. The valve requirements for the downstream market include higher-pressure designs and metal-seating technology and metallurgies to accommodate the temperatures at which modern refineries operate.

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