Department: Features

P&GJ Digital Edition February 2017

February 2017, Vol. 244, No. 2

The digital edition of Pipeline & Gas Journal, February 2017, Vol. 244, No. 2....

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Energy Sector IT Professionals Overconfident in Capabilities as Attacks Increase

February 2017, Vol. 244, No. 2

Tripwire, Inc., a Portland, OR-based global provider of security and compliance solutions for enterprises and industrial organizations, recently announced the results of an extensive study conducted for Tripwire by Dimensional Research. The study evaluated the confidence of information technology (IT) professionals regarding the efficacy of seven key security controls, which must be in place to quickly detect a cyberattack in progress. Study respondents included 763 IT professionals from various industries, including 100 participants from the energy sector. According to the federal Department of Homeland Security, the energy sector faces more cyberattacks than any other industry....

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Transitioning to Smart Gas Meters Benefits Consumers

February 2017, Vol. 244, No. 2

Utilities across the world are installing smart gas and electric meters, bringing an end to labor-intensive periodic meter readings at homes and businesses and inaugurating real-time, accurate monitoring of the amount and pattern of energy use. The introduction of internet of things (IoT) provides the gateway to the smart meter revolution. Market The leading markets for smart gas meters are North America, Europe and Asia Pacific. Valued at $ 1.59 billion in 2016, the smart gas meter market is forecast to grow at over 7% annually to reach $2.27 billion by 2021 according to Smart...

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NE Natural Gas Pipeline Capacity Increases for First Time in 6 Years

February 2017, Vol. 244, No. 2

Spectra Energy Corp. is nearing completion of the first two natural gas pipeline projects completed in New England since 2010. Ten natural gas pipeline projects have been completed or are expected to be completed before the end of 2016, creating an additional 5.9 Bcf/d of capacity according to the federal Energy Information Administration (EIA). On Nov. 1, Spectra placed part of the Algonquin Incremental Market (AIM) project into service, following its approval in late October by the Federal Energy Regulatory Commission (FERC). The remainder of the project was expected to be by the end of...

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Northeast Natural Gas Pipelines: Is More Capacity Needed?

February 2017, Vol. 244, No. 2

The ability of natural gas production from the Appalachian Basin, primarily the Marcellus and Utica shale plays in the Northeast, to reach growing demand centers in the Gulf Coast and Midwest is largely a function of expanding pipeline infrastructure. The Appalachian region has witnessed significant growth in natural gas production and represents about 27% of total U.S. production, up from virtually zero at the beginning of the decade. Navigant’s North American Natural Gas Outlook, Fall 2016 shows continued growth in Appalachian production is expected to reach a remarkable 38 Bcfd, 34% of total U.S. production,...

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EIA Forecasts Rising LNG Exports

February 2017, Vol. 244, No. 2

On Jan. 5, the U.S. Energy Information Administration (EIA) published its Annual Energy Outlook for 2017, one of the most closely watched long-term forecasts for the petroleum, gas, coal and renewables markets. Among this year’s key predictions, EIA believes that American petroleum consumption will remain roughly flat for the next two decades, with rising fuel economy offsetting demand growth in transportation uses. On the supply side, crude production is expected to rise slightly through the mid-2020s, then remain flat – unless oil prices rise dramatically. EIA expects a price recovery to $80 per barrel within...

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Localized Approach Could Grow Gas-Fired Power’s Global Reach

February 2017, Vol. 244, No. 2

“Think globally, act locally” is a phrase often associated with environmental stewardship. It could also serve as a prescription of sorts for broadening natural gas’ role in generating the world’s electricity. “We have not fully tapped the potential of this abundant resource,” said Dave McCurdy, president and CEO of the American Gas Association (AGA), a trade group comprising natural gas utilities. “There is additional room for wise and efficient growth of natural gas consumption in today’s domestic energy market, including significant potential for demand in residential, commercial, industrial and transportation sectors over the long term.”...

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Disruptive Technologies Enabling O&G Companies

February 2017, Vol. 244, No. 2

Data everywhere is a key driver that is compelling oil and gas companies to build platforms for managing meaningful data and applying various types of analytics to optimize operational activities and efficiencies. IDC Energy Insights recently published IDC FutureScape Worldwide Oil and Gas 2017 Predictions to offer a better understanding of how oil and gas companies plan to leverage technologies to improve performance and adapt to change over the next three years. The oil and gas landscape has shifted dramatically since oil prices began dropping in 2014, as energy companies aggressively slashed staff, improved the...

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A Holistic Cybersecurity Strategy in Oil & Gas

February 2017, Vol. 244, No. 2

More than ever, the oil and gas industry is recognizing the importance of cybersecurity. In fact, cyber-threats have joined HSE and terrorism as a top concern for most oil and gas executives. This greater acknowledgment of the importance of cybersecurity is largely driven by prominent, and costly, cyber-attacks, such as the 2012 incident in Saudi Arabia. The interconnectivity of the digital oil field, with sensitive data flowing freely between industrial and enterprise networks, is a reality the industry now more fully understands. And yet, the need for change to accommodate this reality has not trickled...

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ExxonMobil Develops Technology to Dehydrate Natural Gas

February 2017, Vol. 244, No. 2

ExxonMobil has developed cMISTTM technology, which dehydrates natural gas using a patented absorption system inside pipes and replaces the need for conventional dehydration tower technology. This inline technology could be deployed at both land-based and offshore natural gas production operations, according to a news release issued in Houston by ExxonMobil. The new technology, developed and extensively field-tested by ExxonMobil, more efficiently removes water vapor present during the production of natural gas, the company said. Removing water vapor through the use of dehydration technology, typically accomplished using large and expensive dehydration towers, reduces corrosion and equipment...

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Verifying Gas Chromatographs at Custody-Transfer Locations

February 2017, Vol. 244, No. 2

Gas chromatographs (GC) play a critical role in custody-transfer operations and their accuracy literally impacts – may even determine – a company’s bottom line. Verifying accuracy is an essential function that ensures the correct operation of the analyzer at the time of testing, confirms that the GC performed properly during the periods between validations and assesses the likelihood of continued proper functioning until the next validation. Therefore, it is essential that the process: Verify the operation of the GC for the previous period. Verify the current accuracy of the GC. Check for changes in operation...

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Reaping Benefits of Digital Age While Avoiding Cyber Threats

February 2017, Vol. 244, No. 2

Digitalization is taking businesses into a new era, and the oil and gas industry is by no means an exception. With the focus on cost-cutting, increased efficiencies and improved sustainability, the oil and gas industry is increasingly embracing digital technologies to meet these challenges. By building advanced digital controls on platforms, combined with improved connectivity, the industry is able to transfer tasks for data processing onshore, reducing manpower and increasing energy efficiency and operational effectiveness. DNV GL’s report, Technology Outlook 2025, provides foresight of digital advancements expected to hit the oil and gas marked by...

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