New Technology from Camcon

Wednesday, April 26, 2006
Camcon Technology unveiled a new technology application designed to increase the volume of oil that can be recovered from the world's reservoirs as well as reduce operating costs. Developed specifically for the oil and gas industry, the Camcon Intelligent Gas Lift configuration is part of Camcon binary actuator Technology (BAT). The application aims to enhance the recovery of oil from reservoirs by introducing gas injection management capabilities to improve extraction flow. Oil fields start their lives with sufficient geo-pressure, allowing for efficient extraction of oil. However, as extraction proceeds and geo-pressure drops, artificial lift has to be employed. It is estimated that up to half the world's oil wells currently require artificial lift. The volume of oil lifted by gas injection is determined by the size and frequency of the gas bubbles injected. Traditionally, the valve settings are fixed and based on best estimates, frequently causing bubble sizes and the amount of gas injected to be too little or too great, creating an inefficient method of extraction. The Camcon Intelligent Gas Lift configuration can monitor oil flow rates, consider external conditions such as pressure and temperature. It can also adjust both bubble size and bubble frequency to respond to the flow characteristics encountered and so achieve maximum lifted flow volumes at all times. This Camcon technology can be implemented in other industries where fluid application processes demand accurate, repetitive dosing that can be modified to suit prevailing conditions, such as crop spraying in agriculture, 'pulse sorting' in food processing, and medical and pharmaceutical dosing. (Source: Processing Talk)
Maritime Reporter August 2014 Digital Edition
FREE Maritime Reporter Subscription
Latest Maritime News    rss feeds

Legal

ICC Conference Focuses on Platform to Settle Disputes

The 5th ICC International Commercial Mediation Conference has brought together leading mediators, arbitrators, corporate managers and in-house counsel from around

Chevron To Find Buyers for Hawaiian Refinery

Chevron Corp has hired an investment bank to identify potential buyers of its 54,000 barrel-a-day refinery in Kapolei on the Hawaiian island of Oahu, a company official said.

Exxon: U.S. to Allow Wind Down Ops in Russian Arctic

U.S. oil major Exxon Mobil said on Friday the U.S. Treasury Department granted it a license to wind down operations on a drilling well in the Kara Sea in the Russian Arctic.

Energy

Rosneft says Exxon Still Continues to Work With it in Arctic

Russia's biggest oil producer Rosneft said on Saturday that Exxon Mobil was still continuing exploration drilling at their joint project in the Arctic Kara Sea.

EMGS - New Contract in the Norwegian Sea

Electromagnetic Geoservices ASA (EMGS) announced an agreement from Statoil Petroleum AS for the Norwegian Sea. EMGS has now received a new contract from another oil and gas company worth USD 1.

Deep Sea Supply takes Delivery of 'Sea Triumph'

The Deep Sea Supply  took delivery of the newbuilding Platform Supply Vessel 'Sea Triumph'  on Thursday 18 September.  The vessels 'Sea Triumph' is a STX 05-L

 
 
Maritime Security Maritime Standards Navigation Pipelines Salvage Ship Electronics Ship Repair Shipbuilding / Vessel Construction Sonar Winch
rss | archive | history | articles | privacy | terms and conditions | contributors | top maritime news | about us | copyright | maritime magazines
maritime security news | shipbuilding news | maritime industry | shipping news | maritime reporting | workboats news | ship design | maritime business

Time taken: 0.1916 sec (5 req/sec)