PetroSkills is proud to announce that one of our instructors, Kindra Snow-McGregor, has been named to the board of directors for the Gas Processors Suppliers Association (GPSA). [Keep reading]
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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. [Keep reading]
One of our distinguished instructors, Perry Lovelace, was inducted into the Oklahoma University College of Education Hall of Fame on March 4, 2016. [Keep reading]
Great infographic from EnergyInDepth.org that illustrates the ecological benefits of horizontal drilling and hydraulic fracturing. [Keep reading]
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. [Keep reading]
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. [Keep reading]
