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 March 2014 Digital Edition
FREE Maritime Reporter Subscription
Latest Maritime News    rss feeds

Legal

Court: Japan's Mitsui Paid to Release Ship

China Supreme Court says Mitsui pays about $29 mln; Ship released about 0030 GMT Thursday. Ship was seized over dispute dating back to 1930s. Advisor to plaintiffs says will likely demand more money.

Lawyer: Korea Ferry Owners Accept Responsibilities

The family that has a major stake in companies that control the shipping operator whose ferry sank last week, likely to have killed hundreds, will take social and

Mitsui O.S.K. Ship Ready To Leave Chinese Port

Japanese shipping firm Mitsui O.S.K. Lines Ltd said on Thursday that its ship, the "Baosteel Emotion" 226,434 deadweight-tonne ore carrier, is ready to leave

Energy

Diamond Offshore profit falls as rig demand softens

Diamond Offshore Drilling Inc, one of the world's top five offshore rig contractors, reported a 17 percent drop in quarterly profit as demand fell for rigs used in deep water drilling.

Baker Hughes Announces Q2 Conference Call

Baker Hughes Incorporated (NYSE: BHI) announced today that it has scheduled a conference call on Thursday, July 17, 2014, to discuss results for the second quarter 2014, ending June 30, 2014.

Explosion Rocks Natural Gas Processing Plant In Wyoming

An explosion on Wednesday rocked a natural gas-processing plant in Wyoming that can churn out about 2 percent of the daily U.S. gas supply, though no injuries were reported.

 
 
Maritime Careers / Shipboard Positions Maritime Contracts Maritime Standards Naval Architecture Navigation Offshore Oil Salvage Ship Simulators Shipbuilding / Vessel Construction Winch
rss | archive | history | articles | privacy | 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: 0.1006 sec (10 req/sec)