4 Apr, 2016

Benefits of Having Side Water-Draw in a Condensate Stabilizer Column: Part One

This tip will investigate the benefits of having a water-draw in a condensate stabilizer. It will use a commercial simulation software to simulate the performance of an operating stabilizer. In order to take into account the non-ideality of water, the tip will perform three-phase (vapor, liquid hydrocarbon, and aqueous phases) calculations on the trays with excessive water rates.

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24 Mar, 2016

PetroSkills instructor inducted into Oklahoma University College of Education Hall of Fame

One of our distinguished instructors, Perry Lovelace, was inducted into the Oklahoma University College of Education Hall of Fame on March 4, 2016.

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18 Mar, 2016

Infographic: Benefits of Horizontal Drilling

Great infographic from EnergyInDepth.org that illustrates the ecological benefits of horizontal drilling and hydraulic fracturing.

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14 Mar, 2016

Part 2 - Budgeting Production Activities

Budgets of various types constitute the principle management vehicle for the formal expression of the company's plans and objectives for a specified period of time. No other management tool is capable of providing the operational direction that can be achieved through a well-planned and developed budget. In this excerpt from Economics of Worldwide Petroleum, we will examine concepts of budgeting for production activities.

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10 Mar, 2016

Part 1 - Budgeting Exploration Activities

Budgets of various types constitute the principle management vehicle for the formal expression of the company's plans and objectives for a specified period of time. No other management tool is capable of providing the operational direction that can be achieved through a well-planned and developed budget. In this excerpt from Economics of Worldwide Petroleum, we will examine concepts of budgeting for exploration activities.

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