• Title/Summary/Keyword: oil and gas

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An Optimal Design of Gas Lift in Offshore Oil Reservoirs Considering Oil and Injected Gas Composition (해저 오일 저류층 내 오일 및 주입가스 조성에 따른 가스리프트 공법의 최적 설계)

  • Kim, Young-Min;Shin, Chang-Hoon;Lee, Jeong-Hwan
    • Journal of the Korean Institute of Gas
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    • v.22 no.4
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    • pp.39-48
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    • 2018
  • This study presents optimal design of gas lift considering composition of reservoir oil and injected gas which can affect gas lift performance in offshore oil reservoir. Reservoir simulation was conducted by using reservoir models which were built in accordance with API gravity of oil. The results of simulation reveal that oil production rate is considerably increased by gas lift when the reservoir productivity decrease. As a results of response curve analysis for gas lift using well models, gas injection rate to improve the production rate increases as the API gravity of oil decreases and the specific gravity of injected gas increases. The optimal design of gas lift was carried out using multiple lift valves. Consequently, gas lift can be operated at relatively low injection pressure because of decrease in injection depth in comparison to the single lift valve design. The improved oil production rates were analyzed by coupling between reservoir model and well model. As a results of the coupling, it is expected that natural gas injection in the heavy oil reservoir is the most efficient method for improving oil production by gas lift.

Sensitivity Enhancement in Measurement of Hydrogen Gas Dissolved in Oil using Gas Collection Time (가스수집시간을 이용한 유중수소가스 측정감도 향상 연구)

  • Heo, Jong-Cheol;Sun, Jong-Ho;Kang, Dong-Sik;Jeong, Joo-Young;Park, Jung-Hoo
    • The Transactions of The Korean Institute of Electrical Engineers
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    • v.58 no.3
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    • pp.539-543
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    • 2009
  • This paper describes the sensitivity enhancement in measurement of the hydrogen gas dissolved in oil using gas collection time. On-line gas measurement is a useful for continuous monitoring of power transformer. Recently many studies on hydrogen gas measurement, due to their simplicity and low price, have been done for transformer monitoring. In measurement of the hydrogen gas in oil, the suitable sensitivity and resolution in the desired ranges of the gas concentrations are needed for the reliable monitoring of power transformers. In this study, the sensor output trends were analyzed with the hydrogen gas collection time which means the time to collect the hydrogen gas before reaction of hydrogen gas sensor. It is indicated that the sensor outputs were increased with the increase of hydrogen gas collection times at the same hydrogen gas concentrations.

A Numerical Analysis of Oil Separation Performance Classified by Oil Mist Diameter for Cyclone Oil Separator (실린더 헤드커버 내장형 오일분리 장치의 오일 직경별 분리효율에 관한 해석적 연구)

  • Kim, Hyung-Gu;Yoon, Yu-Bin;Park, Young-Joon;Lee, Seang-Wock;Cho, Yong-Seok
    • Proceedings of the KSME Conference
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    • 2008.11b
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    • pp.3026-3031
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    • 2008
  • In conventional closed-loop crankcase ventilation systems, the lubrication oil had to be re-circulated to the intake manifold, in the form of oil mist mixed with the blow-by gas. This blow-by gas containing the engine lubricant oil affects on the engine problems and the exhaust emissions. A high-efficient oil separator is required to minimize consumption of engine oil and reduce harmful emissions. In the conventional oil separator of CI engines, it has good oil separation performance even though separator design is simple, due to lots of the blow-by gas. As the emission regulation becomes severe, the oil separator for SI engines is also required. But in SI engines, separator design should be optimized, due to small size of oil particles and little amount of blow-by gas. In this study, oil separation performance classified by diameter of oil mist in cylinder head cover internal model which has three cyclones and two baffle plates for SI engine is calculated with CFD methodology.

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Patents Trend Analysis on Unconventional Oil and Gas Technologies (비전통 석유가스의 특허 동향분석)

  • Bae, Jun-Hee;Park, Jung-Kyu;Lee, Jae-Wook
    • Economic and Environmental Geology
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    • v.48 no.4
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    • pp.361-369
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    • 2015
  • Interest of unconventional Oil and Gas, which is produced in a different way, has been increasing due to exhaustion of traditional oil and gas. However production of unconventional Oil and Gas is closely related to its technology level. Accordingly in this research, we can analyze technology level of unconventional Oil and Gas with country/sector/year patent analysis. Through the result of this research, U.S is highest patent application national, patent application in oil sand is increasing. In addition, oil sands-realated patents and shale oil-realated patents applying actively in early 1970's and since the mid-1980's showed a decreasing trend. And patent application in unconventional oil and gas has been increasing due to the rise in the oil price 2000's.

Analysis on Oil and Gas Development and Business System, Peru (페루의 석유가스 자원 개발 동향 및 제도 분석)

  • Kim, Young-Woo;Park, Myong-Ho;Lee, Seong-Hun;Shin, Hong-Ja
    • Economic and Environmental Geology
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    • v.41 no.5
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    • pp.609-615
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    • 2008
  • Peru is located on Andean Range and faced Pacific Ocean and one of the important oil and gas production countries in the South America. Peru's oil business have been invested by foreign oil companies due to the good investment environment, even though the Peru could not be self-sufficiency in oil. Increase in oil price of the world has contributed to the oil and gas developments and productions in the last few years in many oil and gas blocks, such as in the 1-AB blocks and Camisea gas field within the Amazon jungles. Korean oil companies also have obtained several oil and gas blocks in the Peru in last few year, corresponding with the resources diplomacy of Korean government. Investment is strongly expected to be increased in the Peru's oil business due to positive investment environment, such as low royalty rate, tax avoidance, and the favourable terms of the contract to foreign companies etc.

Application of wasted soybean oil non-esterified on turbo-charged diesel engines with common rail fuel injection system (커먼레일 연료 분사 방식 과급 디젤기관에서 비에스테르화 폐식용유의 적용)

  • Jung, Suk-Ho;Kim, Kyong-Hyon;Lee, Han-Seong;Koh, Dae-Kwon
    • Journal of the Korean Society of Fisheries and Ocean Technology
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    • v.49 no.1
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    • pp.51-57
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    • 2013
  • A demand for bio-diesel oil increases as one of solution for exhaustion of fossil fuel and reduction of $CO_2$ emission, and research on bio-diesel is being carried out. Bio-diesel oil is mainly esterified from vegetable oil with methanol in order to use for fuel on diesel engine and has demerit that costs are increased as compared with directly using like non-esterified one. Bio-diesel oil within 3% mixed with gas oil is used at present, proportion of bio-diesel oil will be increase by 5% in future. We judged that wasted soybean oil non-esterified could be used on diesel engine with an electronic fuel injection according to previous researches with a mechanical fuel injection. A performance test using only gas oil, gas oil with esterified bio-diesel oil 5% and wasted soybean oil non-esterified 5% on diesel engine with the electronic fuel injection were carried out. It is noticed that gas oil with wasted soybean oil non-esterified 5% has more similar characteristics to gas oil than gas oil with esterified bio-diesel oil 5%.

Dissolved Gas Analysis of Environment-Friendly Vegetable Insulating Oils (친환경 식물성 절연유의 유중가스 분석)

  • Choi, Sun-Ho;Kim, Kwan-Sik;Huh, Chang-Su
    • Journal of the Korean Institute of Electrical and Electronic Material Engineers
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    • v.28 no.4
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    • pp.238-243
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    • 2015
  • The vegetable insulating oils are substitute for the mineral oil in power transformer. Vegetable insulating oils has higher flash/fire point and biodegradability than conventional mineral oils. In this paper, we investigated the dissolved gas analysis of vegetable oils. In the experiment, I had to accelerated aging under the same conditions mineral oil and vegetable oils. Accelerated aging proceeded to about 100% of the life of oil-filled transformer. In addition, we performed gas analysis of insulating oil of accelerated aging progress. The experiment results of the five gases was measured with the exception of Hydrogen and Acetylene. The mineral oil and vegetable oils gas is generated in a similar tendency depending on the accelerated aging. As a result, vegetable oils, can be dissolved gas analysis by method such as mineral oil.

The Impact of COVID-19 on Stock Price: An Application of Event Study Method in Vietnam

  • PHUONG, Lai Cao Mai
    • The Journal of Asian Finance, Economics and Business
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    • v.8 no.5
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    • pp.523-531
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    • 2021
  • Vietnam's Oil and gas industry make a significant contribution to the Gross Domestic Product of Vietnam. The ongoing COVID-19 pandemic has hit every industry hard, but perhaps the one industry which has taken the biggest hit is the global oil and gas industry. The purpose of this article is to examine how the COVID-19 pandemic affects the share price of the Vietnam Oil and Gas industry. The event study method applied to Oil and Gas industry index data around three event days includes: (i) The date Vietnam recognized the first patient to be COVID-19 positive was January 23, 2020; (ii) The second outbreak of COVID-19 infection in the community began on March 6, 2020; (iii) The date (30/3/2020) when Vietnam announced the COVID-19 epidemic in the whole territory. This study found that the share price of the Vietnam Oil and Gas industry responded positively after the event (iii) which is manifested by the cumulative abnormal return of CAR (0; 3] = 3.8% and statistically significant at 5 %. In the study, event (ii) has the most negative and strong impact on Oil and Gas stock prices. Events (i) favor negative effects, events (iii) favor positive effects, but abnormal return change sign quickly from positive to negative after the event date and statistically significant shows the change on investors' psychology.

A Study on Characteristics of Rice Bran Oil as an Alternative Fuel in Diesel Engine(II) (디젤기관의 대체연료로서 미장유의 특성 연구(II))

  • 최승훈;오영택
    • Transactions of the Korean Society of Automotive Engineers
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    • v.10 no.3
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    • pp.8-17
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    • 2002
  • In this study, it was tried to analyze not only total hydrocarbon but individual hydrocarbon components from C$_1$to C$\sub$6/ in exhaust gas using gas chromatography to seek the reason fur remarkable differences of smoke emission of diesel fuel, esterfied rice bran oil and blended fuel(esterfied rice bran oil 20vo1-% + diesel fuel 80vo1-%). Individual hydrocarbons(C$_1$ ∼C$\sub$6/) as well as total hydrocarbon of esterfied rice bran oil is reduced remarkably compared with diesel fuel. Although smoke emission of esterfied rice bran oil reduced remarkably compared with commercial diesel fuel, NOx emission of esterfied rice bran oil and blended fuel was increased slightly at high loads and speeds. And, it was tried to reduced NOx emission of them by exhaust gas recirculation(EGR) method. Simultaneous reduction of smoke and NOx emission was achieved with the combination of esterfied rice bran oil and EGR method in consequence.

THE INTRODUCTION METHOD OF TECHNOLOGY MANAGEMENT IN THE OIL AND GAS PLANT INDUSTRY

  • Doo Hee Lee;Young Woong Song;Hyoung Chul Lim;Yoon Ki Choi
    • International conference on construction engineering and project management
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    • 2007.03a
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    • pp.249-258
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    • 2007
  • Recently orders of projects in the field of oil and gas plants have increased due to rising oil prices and consumption. The markets of oil and gas plants are expanding into the Middle East area and all over the world. Because the oil and gas markets have a lot of overseas construction operations, competition among advanced companies is more important. However, companies in the period of growth have not had enough competitive powers of license in the design phase. Therefore, they are faced with difficulty of adopting the technology which is maximizing the effect of investments, and scheduling of a long-range plan. In order to achieve adequate technology management and competitive power, this study considers a long-range plan through an analysis of an appropriate introduction and the strategic planning process of technology management.

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