More Gas Processing News

ECONOMIC GROWTH TO BOLSTER KOREA'S PETROLEUM DEMAND

Oct 22, 1990 Steady, robust economic growth and a rapidly expanding automobile fleet during the next 20 years will boost Korea's oil demand to 1.9 million b/d by 2010 from 787,000 b/d in 1989. Total primary energy demand in Korea will increase to 188 million tons of oil equivalent by 2010 from 82 million tons in 1989. Oil will have about a 50% energy market share at the end of 20 years, as it does now.

COMPETITION INCREASES TO OBTAIN OIL IMPORTS

Oct 29, 1990 L.F. Ivanhoe Novum Corp. Santa Barbara, Calif. Many oil analysts assume that the numerous non-OPEC countries will always be able to make up any shortage in U.S. oil supplies that previously came from OPEC nations like Kuwait or Iraq, thereby keeping prices down. Unfortunately, there is no good evidence for this wishful case. The first economic law of supply versus demand applies particularly to all-essential crude oil, where the ubiquitous global consumption is almost 1 trillion (million

OIL PRICES PLUNGE AS PERSIAN GULF CRISIS EASES

Oct 29, 1990 Easing of war jitters in the Middle East stemming from Iraq's takeover of Kuwait has sent oil prices tumbling to their lowest levels in almost 2 months. Encouraged by a conciliatory suggestion from the Saudi defense minister, later retracted, that Kuwait should consider ceding territory to Iraq after a troop withdrawal, futures prices plunged. But as King Fahd made it clear the Saudis were not softening their stance on unconditional withdrawal, and the U.S., France, and the U.K. gave

CORROSION CAUSES MOST PIPELINE FAILURES IN GULF OF MEXICO

Oct 29, 1990 J. S. Mandke Southwest Research Institute San Antonio Corrosion is the leading cause of failures of subsea pipelines in the U.S. Gulf of Mexico. Third-party incidents, storms, and mud slides are additional principal causes of offshore pipeline failures. These are among the major conclusions of an analysis of 20-year pipeline-failure data compiled by the U.S. Minerals Management Service. 1

U.S. BRIEFS

Oct 29, 1990 EXXON CO. U.S.A. agreed to pay $26,000-65,000 in restitution to wholesale buyers of its refined products in North Carolina to settle a deceptive trade practices suit filed by the state attorney general. Exxon also promised to honor its posted prices for refined products and make no retroactive price hikes. The company said the dispute resulted from Aug. 3 invoicing mistakes caused by a computer error (OGJ, Aug. 20, p. 32).

LIBYAN EXPLORATION, GAS PROJECTS ADVANCE

Oct 29, 1990 A group led by Lasmo plc, London, has signed agreements to explore three blocks in Libya. Meantime, Libya is pressing a campaign to develop and utilize more domestic gas reserves with gas processing and pipeline projects. Lasmo's exploration deal, in 50-50 partnership with a group of South Korean companies, covers two offshore blocks and one onshore block. Area NC173 involves the 7,602.68 sq km Block 1 and 16,030 sq km Block 2 in the Gulf of Sirte portion of the Sirte basin. Area NC1 74

IPAA: 1991 DESTINED TO BE SIXTH YEAR OF DECLINING U,S, OIL PRODUCTION

Oct 29, 1990 The U.S. is headed for its sixth straight year of oil production declines. The Independent Petroleum Association of America's supply/demand committee forecasts 1991 crude oil production of 7.043 million b/d, down 2.5% from the expected 1990 average. Natural gas liquids production will rise slightly more than 1% to stand at 1.526 million b/d in 1991, yielding a decline of a little less than 2% to 8.569 million b/d in total liquids production.

FORMER UNOCAL HEAD FRED HARTLEY DEAD AT 73

Oct 29, 1990 Fred L. Hartley, chairman emeritus and retired chairman, president, and chief executive officer of Unocal Corp., died Oct. 19 in Palos Verdes Estates, Calif. He was 73. A native of British Columbia, Hartley joined Unocal in 1939 shortly after graduating from the University of British Columbia with a chemical engineering degree. After being promoted to research engineer at the company's Los Angeles refinery, he helped design, patent, and operate various processing plants.

FIRST MANZANARES SYSTEM LINK COMPLETE

Nov 5, 1990 Williams Field Services, Salt Lake City, has completed the first segment of its Manzanares pipeline project that serves San Juan basin coalbed methane producers. The segment connects the Sims Mesa central delivery point into the system of Northwest Pipeline Corp. for delivery at the outlet of Northwest's Ignacio, Colo., gas processing plant. Amoco Production Co. and Conoco Inc. plan to deliver 19 MMcfd and 3 MMcfd, respectively, of coal seam gas from the Sims Mesa area. The gas will be

U.S. BRIEFS

Nov 5, 1990 HYGRADE 42 barge spilled about 3,900 bbl of kerosine into the Hudson River near Marlboro, N.Y., about 60 miles north of New York City after striking an underwater reef. The barge, owned by Hygrade Operators, New York, was heading north to Rensselaer, N.Y., carrying about 30,000 bbl. Coast Guard crews reportedly contained the spill, although a sheen was spotted at a water treatment plant in Poughkeepsie, N.Y., 5 miles north of the grounding site.

ACCURATE LPG ANALYSIS BEGINS WITH SAMPLING PROCEDURES, EQUIPMENT

Nov 5, 1990 Chris M. Wilkins Koch Pipelines Inc. Medford, Okla. Proper equipment and procedures are essential for obtaining representative samples from an LPG stream. Sampling of light liquid hydrocarbons generally involves one of two methods: Flow-proportional composite sampling by a mechanical device Physical transfer of hydrocarbon fluids from a flowing pipeline or other source into a suitable portable sample container. If sampling by proper techniques and equipment supports careful chromatographic

OGJ NEWSLETTER

Nov 5, 1990 Just how cozy will oil exporters and consumers get because of the latest oil supply crisis? A U.N. sponsored meeting of OPEC and IEA, proposed by Venezuela President Perez, gets under way this week in Vienna to study ways of stabilizing oil prices. IEA in the past has expressed qualms about such meetings with the oil exporters' group (see story, p. 19). Attending are Algeria, Brazil, France, Germany, Netherlands, India, Indonesia, Iran, Japan, Mexico, Norway, Saudi Arabia, Tanzania, U.S.,

IRAN AGAIN CONSIDERING GAS EXPORTS TO EUROPE

Nov 5, 1990 Iran is once again investigating gas exports to Europe through an exchange with the Soviet Union. Javed Yarjani, National Iranian Oil Co.'s crude oil marketing manager, told the Oil and Money conference in London countries in eastern and western Europe alike could be supplied by such an exchange. The joint Iran-Soviet Economic Commission (ISEC) meeting in Baku, U.S.S.R., last month agreed to pursue the project and get it operational during 1991, IRNA, the official Iranian news agency

THAI DOWNSTREAM OPENS TO FOREIGN INVESTORS

Nov 5, 1990 Thailand's government has given a green light for more active participation by foreign companies in its downstream petroleum industry. The Thai National Energy Policy Committee (NEPC) approved removing conditions hindering major refinery projects planned by Royal Dutch/Shell Group and Caltex Petroleum Corp. in Thailand (OGJ, May 21, 1990 p. 20). That opens the door for other foreign investors to pursue refinery projects in Thailand. The moves relate to Thailand's efforts to pare imports

ACCURATE BS&W TESTING IMPORTANT FOR CRUDE-OIL CUSTODY TRANSFER

Nov 12, 1990 Jane Williams Oryx Energy Co. Richardson, Tex. Monitoring crude-oil sediment and water content at the field production site is essential in accurate crude-oil custody transfer operations. This is accomplished by manual methods, or on-line devices like capacitance, density, or energy-absorption analyzers. For custody-transfer purposes, sediment and water is determined by a test which follows one of the API manuals of petroleum measurement standards (MPMS).

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