O'NielPetroserve Site


Crude Oil Rig O'NielPetroserve is a leader in the of Nigerian Bonny Light Crude Oil (BLCO) sales market. As a privately held company, O'Neil Petroserve is committed to and is focused on delivering reliable services to all her clients. O'NielPetroserve is determined to continue to grow in the energy sector and to become one of the recognized leaders in the Nigerian oil and gas industry.

Simplifying Nigerian Bonny Light Crude Oil Buying, BLCO With O'Niel Petroserve

Crude Oil Terminal O'Neil Petroserve has an excellent track record of reliability in the supply of Bonny light crude oil, BLCO. We protect our buyers with 2% Performance Bond while we also expect protection from our customers with bank instrument from the world's top banks. We deliver on TTO, TTT, CIF and FOB basis.

If you wish to purchase Bonny Light Crude Oil from a reliable seller, contact us and we commence the buyer friendly procedure to enable this.

Contact O'Niel Petroserve

Showing posts with label Bonnie Light Crude Oil. Show all posts
Showing posts with label Bonnie Light Crude Oil. Show all posts

Tuesday, 6 May 2014

Eaglewood bags first pipeline, facilities licenses in Papua New Guinea' s Western Province

Eaglewood Energy has been offered a Strategic Processing Facility License (APPFL 3) and Strategic Pipeline License (APL 9) in the Western Province of Papua New Guinea. Final grant of the licenses is subject to a number of condition precedents, the most significant of which is the establishment of a Project Agreement between Eaglewood and Papua New Guinea.


The licenses will grant Eaglewood the right to construct and operate a strategic gas condensate processing facility close to the Ubuntu Discovery Petroleum Retention License (PRL 28 - Eaglewood, Talisman Energy, Mitsubishi, MFI) and Elevala, Tingu and Ketu discoveries (PRL 21 - Horizon Oil, Talisman Energy, Mitsubishi, Kina Petroleum), and a strategic pipeline to deliver the condensate from these fields to a location on the Fly River, from where it will be shipped to market.


Eaglewood has a participation agreement in place with Trafigura, whereby the two companies are working together with a view to jointly financing and owning the pipeline and processing facility. Other investors, including Papua New Guinea, landowner companies, local participating upstream companies, infrastructure funds, etc., will also have an opportunity to participate in the ownership of this infrastructure.


Providing useful resources, articles and writings on crude oil, other petroleum products, energy and gas. By O'Niel Petroserve Nigeria Ltd, online.

Wednesday, 23 April 2014

Oxy drops after California drilling ban

Occidental Petroleum Corp. fell the most in seven months after a Los Angeles-area city imposed a moratorium on new drilling.


The unanimous vote by the Carson, California, city council on March 18 imposed a 45-day hold on oil and gas activity and also halted negotiations on development of about 200 wells until Los Angeles-based Occidental completes the spinoff. Carson is the third local government in the state since September to seek restrictions on drilling.


Occidental fell 3.9% to $91.44 as of 12:25 p.m. in New York after earlier sliding the most on an intraday basis since July. It was the worst performer on the Standard & Poor’s 500 Index.


“There are too many unknowns and too much of a chance of something bad happening if the city allows fracing or other similar techniques,” Albert Robles, the Carson council member who proposed the moratorium, said yesterday in a telephone interview. “I don’t think these techniques have ever gotten enough scrutiny.”


California Governor Jerry Brown has introduced new regulations to govern the practice of hydraulic fracturing. The Democrat has stopped short of a statewide ban.


Occidental in 2011 filed applications to build a production facility that would consist of as many as 202 wells pinpointing oil reservoirs at depths of as much as 13,500 ft, according to a March 18 report to the Carson city council.


The company assured city officials in a March 10 email that it would not use fracing in the project or any techniques commonly used to stimulate production in old wells. Occidental also said that establishing a broad moratorium would run afoul of state law. An Occidental spokeswoman didn’t return a call and email seeking comment.


The Los Angeles City Council last month unanimously approved a motion to impose a moratorium on fracing that will still require a final vote to go into effect. Santa Cruz County approved a temporary moratorium on fracing in September.


Providing useful resources, articles and writings on crude oil, other petroleum products, energy and gas. By O'Niel Petroserve Nigeria Ltd, online.

Tuesday, 15 April 2014

DNV GL launches risk-based shale development verification service

DNV GL has launched an independent verification service based on the provisions of its Recommended Practice for risk management of shale gas developments and operations (RP), regulatory requirements and other publicly available standards.


The new service will be used as a tool to help assure stakeholders that an independent assessment can assist in preventing incidents, reducing operational costs and limiting the environmental footprint of shale gas developments. Best practices measured in the assessment process include environmental, occupational and process safety, human factors, well integrity, and other elements that may help address the low probability, high consequence incidents under review today.


The verification process determines whether a comprehensive, transparent risk management approach related to risk identification and mitigation has been implemented to allow sustainable shale gas project development or expansion.


The verification service may be used by operators, regulators, insurance companies, banks and other oil and gas stakeholders to frame the risk dialogue, based on international approaches to risk identification, mitigation and monitoring best practices.


DNV GL’s verification protocol will issue a conformance statement for all or part of the RP provisions and applicable publicly available standards and regulations.


“As shale gas and liquids development are experiencing exponential growth in North America, a wide range of operational risks have been realized, including gas flaring, fugitive emissions, rail transport incidents, water management, fracing chemicals, explosions, fires, infrastructure limitations, occupational risks, and asset integrity issues,” said Elisabeth TØrstad, CEO of DNV GL Maritime and Oil & Gas. “Industry can gain stakeholder acceptance only by implementing best practices and proactive risk management.”


Providing useful resources, articles and writings on crude oil, other petroleum products, energy and gas. By O'Niel Petroserve Nigeria Ltd, online.

Friday, 11 April 2014

API continues focus on rail safety

The oil and natural gas industry continues to work collaboratively with the U.S. Department of Transportation, and America' s railroad industry, to improve rail safety. To highlight actions being taken following a recent meeting with the Secretary of Transportation, API President and CEO Jack Gerard released the following statement:


"Safety is always our top priority. We are working closely with the regulators and the railroad industry and looking in a holistic way at how to prevent accidents, mitigate impacts if they occur, and support emergency response.


"While nearly all rail shipments reach their destinations without incident, our common goal should be zero rail incidents. All options must be considered to reach this goal. Prevention efforts should examine issues like track maintenance and Positive Train Control (PTC). Our mitigation efforts are looking at topics like tank car design and crude oil testing and classification. And a review of emergency response is examining ways to improve training and communications for emergency responders.


"We are committed to using the best science, research and real-world data to make measurable improvements to safety. A holistic approach based on sound science and data will ensure that any changes to existing standards and practices achieve real safety improvements and do not shift risk to other areas. It is critical that our actions actually improve safety and reduce risk."


API said it is taking the following actions to improve safety in a collaborative and holistic way:


API has assembled top experts to develop a comprehensive standard for testing, classification, loading and unloading of crude oil based on the best available science and data. PHMSA has committed to participate in this effort aimed at ensuring crude oil is packaged and shipped safely and appropriately. API' s standards are accredited by the American National Standards Institute, the designated standards authority in the U.S., and the same organization that accredits similar programs at several U.S. national laboratories.


API continues to work with PHMSA and other representatives from the Department of Transportation to share information and expertise on crude oil characteristics.


API has helped to lead the effort to improve tank car design. Our industry has been building next generation tank cars since 2011 that exceed federal standards. These new cars make up nearly 40 percent of the crude oil tank car fleet and will be 60 percent by the end of 2015. API is engaged in a holistic, data-driven examination with the railroads and railcar manufacturers, as to whether additional design changes would measurably improve safety without shifting risk to other areas.


API is working with the railroads to enhance emergency response training through Transportation Community Awareness and Emergency Response. Known as TRANSCAER, this organization is a voluntary national outreach effort that assists communities in preparing for and responding to incidents.


Providing useful resources, articles and writings on crude oil, other petroleum products, energy and gas. By O'Niel Petroserve Nigeria Ltd, online.

Wednesday, 9 April 2014

Schlumberger launches degradable alloy technology to optimize well productivity

Schlumberger has introduced the ELEMENTAL degradable alloy balls for multistage stimulation treatments. The technology demonstrates predictable, complete degradation of the alloy balls, ensuring maximum well productivity.


The alloy balls degrade predictably in a wide range of downhole conditions, well depths, temperatures, pressures and well fluids. Controlled degradation takes place, without the need for chemical additives, low pH environment, retrieval operations or milling after fracturing.


The ELEMENTAL degradable alloy technology can be used with Schlumberger multistage stimulation systems. The technology has been deployed with the Falcon multistage stimulation system for uncemented wells in formations representing a significant challenge to degradation times, such as Gold Creek, Slave Point, Glauconite, Cardium, Montney and Lower Montney, with bottomhole temperatures as low as 86°F. The technology has also been used in the Bakken, where formation temperatures are around 260°F.


Providing useful resources, articles and writings on crude oil, other petroleum products, energy and gas. By O'Niel Petroserve Nigeria Ltd, online.

Monday, 31 March 2014

Rice University lab’s device evaluates fluid movement in fracturing operations

A tabletop device invented at Rice University can tell how efficiently a nanoparticle would travel through a well, and may provide a wealth of information for oil and gas producers. The device gathers data on how tracers - microscopic particles that can be pumped into and recovered from wells - move through deep rock formations that have been opened by hydraulic fracturing.


Drilling companies use fracturing to pump oil and gas from previously unreachable reservoirs. Fluids are pumped into a wellbore under high pressure to fracture rocks, and materials called “proppants,” like sand or ceramic, hold the fractures open. "They' re basically making a crack in the rock and filling it with little beads," said Rice chemist Andrew Barron, whose lab produced the device detailed in the Royal Society of Chemistry journal Environmental Science Processes and Impacts.


But the companies struggle to know which insertion wells - where fluids are pumped in - are connected to the production wells, where oil and gas are pumped out. "They may be pumping down three wells and producing from six, but they have very little idea of which well is connected to which," he said.


Tracer or sensor particles added to fracturing fluids help solve that problem, but there' s plenty of room for optimization, especially in minimizing the volume of nanoparticles used now, he said. "Ideally, we would take a very small amount of a particle that does not interact with proppant, rock or the gunk that' s been pumped downhole, inject it in one well and collect it at the production well. The time it takes to go from one to the other will tell you about the connectivity underground."


Barron explained the proppant itself accounts for most of the surface area the nanoparticles encounter, so it' s important to tune the tracers to the type of proppant used.


He said the industry lacks a uniform method to test and optimize custom-designed nanoparticles for particular formations and fluids. The ultimate goal is to optimize the particles, so they don' t clump together or stick to the rock or proppant, and can be reliably identified when they exit the production well.


The automated device by Barron, Rice alumnus Samuel Maguire-Boyle and their colleagues allows them to run nanotracers through a small model of a geological formation, and quickly analyze what comes out the other side.


The device sends a tiny amount of silver nanoparticle tracers in rapid pulses through a solid column, simulating the much longer path the particles would travel in a well. That gives the researchers an accurate look at both how sticky and how robust the particles are.


"We chose silver nanoparticles for their plasmon resonance,” said Barron. “They' re very easy to see (with a spectroscope) making for high-quality data.” He said silver nanoparticles would be impractical in a real well, but because they' re easy to modify with other useful chemicals, they are good models for custom nanoparticles.


"The process is simple enough that our undergraduates make different nanoparticles and very quickly test them to find out how they behave," Barron said.


The method also shows promise for tracking water from source to destination, which could be valuable for government agencies that want to understand how aquifers are linked or want to trace the flow of elements like pollutants in a water supply, he said.


Barron said the Rice lab won' t oversee production of the test rig, but it doesn' t have to. "We just published the paper, but if companies want to make their own, it includes the instructions. The supplementary material is basically a manual for how to do this," he said.


Co-authors of the paper include Rice undergraduates David Garner, Jessica Heimann and Lucy Gao, and graduate alumnus Alvin Orbaek.


The Robert A. Welch Foundation supported the research.


Providing useful resources, articles and writings on crude oil, other petroleum products, energy and gas. By O'Niel Petroserve Nigeria Ltd, online.

Related Posts Plugin for WordPress, Blogger...

World Energy Consumption

Crude Oil Tanker