More Gas Processing News

SOVIETS ACCELERATING E&P JOINT VENTURE PUSH

Nov 12, 1990 The Soviet Union has accelerated efforts to seek foreign participation in exploration/production joint ventures. Moscow has offered another 11 areas in five regions for E&P joint venture consideration under a second round. The areas encompass 21 fields and three exploratory areas.

MODERN ALKYLATION-1 ALKYLATION WILL BE KEY PROCESS IN REFORMULATED GASOLINE ERA

Nov 12, 1990 Lyle F. Albright Purdue University West Lafayette, Ind. Regulations that will mandate gasoline reformulation to reduce motor vehicle emissions during the 1990s will boost the importance of the alkylation process in U.S. refineries. Constituents in the alkylate produced do not contribute to ozone formation. The low vapor pressure of alkylate, a high octane blending component, helps refiners maintain volatility (Rvp) specifications.

TELEMETRY AND PROCESS INSTRUMENTS CONTROL COAL GAS PRODUCTION

Nov 12, 1990 Kenneth F. Raybon Meridian Oil Inc. Farmington, N.M. Bill Flowers Fisher Controls Marshalltown, Iowa Jim Johnson Vinson Supply Co. Farmington, N.M. Telemetry and process instrumentation is assisting in the production of gas from the Fruitland coal seams in the San Juan basin of New Mexico and Southern Colorado (Fig. 1). Since 1987, Meridian Oil, a wholly owned subsidiary of Burlington Resources, has been automating individual wells, pipelines, compressor stations, and produced water facilities

RISING TRADE VOLUME, PRICE FORECAST FOR LPG

Nov 12, 1990 Increased volumes and prices lie ahead for liquefied petroleum gas traded on world markets, Poten & Partners Inc. forecasts. The New York company predicts world trade will increase to 25 million tons in 1995 and 28 million tons in 2000 from 20.4 million tons in 1989. With that growth will come sizable increases in LPG prices. "This growth reflects the change in status of LPG from a specialty product to a fuel and feedstock commodity with mature traditional market outlets," the consulting firm

U.S. BRIEFS

Nov 19, 1990 ARCO ALASKA INC. agreed to pay a $200,000 fine to Alaska as a penalty for an August 1989 pipeline valve leak that spilled 300-600 bbl of oil on about 1.4 acres of tundra in Kuparuk River oil field. ARCO also agreed to rehabilitate the spill site and increase its field inspection, maintenance, and testing of pipelines and valves.

EXPLOSION HAZARDS IN CRUDE, DISTILLATE STORAGE TANKS ASSESSED

Nov 19, 1990 A. Tamimi Jordan University of Science & Technology Irbid, Jordan Explosive conditions in tanks that store crude oil and light petroleum distillates have been assessed in order to promote safe product storage. Safe storage can be achieved by knowing the explosion limits for light distillates and crude oil, and understanding how those limits can be exceeded. Light petroleum distillates include: LPG, gasoline, light and heavy naphtha, kerosine, and light gas oil (LGO).

U.S. BRIEFS

Nov 26, 1990 GRACE PETROLEUM CORP., Oklahoma City, agreed to extend its Michigan exploration joint venture with Wolverine Gas & Oil Co. Inc., Grand Rapids, Mich., through 1993. Grace also acquired Wolverine's working interests in 27 gas wells and eight stripper wells in 12 Michigan fields, along with its interests in two pipelines and a gas processing plant serving those fields,

BONNER & MOORE SEES SHORT SUPPLIES OF U.S. REFORMULATED GASOLINE

Nov 26, 1990 U.S. refiners aren't likely to revamp processing units quickly enough to meet projected demand for reformulated gasoline. An inadequate supply of oxygenates, mainly methyl tertiary butyl ether (MTBE), will cause the Environmental Protection Agency to delay or relax oxygenate levels spelled out in amendments to the Clean Air Act (CAA), says a report by Bonner & Moore Associates, Houston. President Bush signed the amendments into law Nov. 15.

IPC AFFILIATE EUROCAN BUYS COLOMBIAN PRODUCTION STAKE

Nov 26, 1990 Eurocan Ventures Ltd., Dubai, has acquired a 25% working and equity interest in a producing concession in Colombia from Saba Energy Inc. The transaction is valued at $3.65 million. Eurocan, an affiliate of International Petroleum Corp. (IPC), Vancouver, will finance the deal partly through issue of more shares in Eurocan. IPC held 23.5% of Eurocan prior to the acquisition. Saba is a privately held company in Alberta. The deal covers the Las Monas concession in Colombia's Middle

DEPRESSED R&M, BULLISH UPSTREAM MARK 19.3% RISE IN OGJ GROUP 3RD QUARTER EARNINGS

Dec 3, 1990 Bob Williams Senior Staff Writer Repercussions from the Persian Gulf crisis have caused mixed results in third quarter earnings for U.S. oil companies. Upstream profits in the third quarter generally were up sharply because of the spike in oil prices following Iraq's Aug. 2 blitz of Kuwait. However, earnings plunged for refining/marketing businesses because they were unable to pass through higher crude costs. Higher feedstock costs and dampened demand from a sluggish economy pared

VENEZUELAN EXTRACTION PLANT EXPANDING TO 1 BCFD RATING

Dec 3, 1990 Henry Jimenez-Gomez Corpoven S.A. San Joaquin, Venezuela Modification of the two process trains at Corpoven's San Joaquin, Venezuela, extraction plant will increase each train's sustained capacity to 500 MMscfd and 1 bcfd total plant capacity. The San Joaquin 1000 project, set for completion in 1991, will represent an increase in NGL production of 8,000 b/d, with a gross revenue of $25 million/year for Corpoven S.A., a subsidiary of Petroleos de Venezuela.

CONTRACTS LET FOR NIGERIAN PETROCHEM PROJECT

Dec 3, 1990 State owned Nigerian National Petroleum Corp. has let major contracts for its proposed $1 billion Eleme petrochemical complex in Rivers state, Nigeria. In planning since 1974, the project has been dogged by financing problems and doubts about economic feasibility. Production is to start up in 1993. Nigeria's minister of petroleum resources, Jibril Aminu, said that the project had to cross some major hurdles in terms of feedstock supply, demonstrating project viability to the international

ISOMERIZATION WITH SEPARATION/RECYCLE BRINGS BIG OCTANE BOOST

Dec 3, 1990 S. Raghuram Robert S. Haizmann David R. Lowry UOP Des Plaines, Ill. Willem J. Schiferli Kuwait Petroleum Europoort BV Europoort, The Netherlands Early in 1990, Kuwait Petroleum Europoort BV (KPE), The Netherlands, successfully commissioned its "gasoline project." The naphtha-processing units of KPE's gasoline project will significantly help the region meet the octane shortfall caused by the phaseout of lead from gasoline.

ARGUELLO TO GET 1991 START-UP, 20,000 B/D CAP

Dec 3, 1990 Chevron Corp. and partners have given a green light to a midyear 1991 start-up of giant Point Arguello oil field off California despite their inability to win a tanker permit to move the oil to Los Angeles. Instead, 20,000 b/d of Point Arguello crude will move via onshore pipeline to California refineries outside the Los Angeles area.

INDONESIA, MALAYSIA PUSH PETROLEUM WORK

Dec 3, 1990 At the heart of the Asia-Pacific region, two key oil and gas producing countries are straining to meet rapidly rising internal demand and maintain oil exports. In the ambitious plans of both countries, natural gas plays a central role. Indonesia, a member of the Organization of Petroleum Exporting Countries, may have trouble maintaining oil exports much past the turn of the century. But growing exports of liquefied natural gas will help take up the trade slack.

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