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Houston..we have a problem....

7,314,064 Views | 28750 Replies | Last: 13 hrs ago by Bibendum 86
Sea Speed
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AG
All of the LNG terminals on the gulf coast are
thepartygoat
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K_P said:

Anybody know who's the seller in the Williston acquisition NOG announced today?
Devon acquired RimRock O&G
cone
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I wonder what's under pressure in that storage area

bog compressor discharge or the rundown or loading pumps?
Cyp0111
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Rim rock seemed to get a good number. They've been trying for years .
cmiller00
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K_P said:

Anybody know who's the seller in the Williston acquisition NOG announced today?


Think it's probably Incline
MAROON
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K_P said:

Anybody know who's the seller in the Williston acquisition NOG announced today?
"The assets are operated primarily by Marathon Oil, Continental Resources and ConocoPhillips, and NOG owns existing interests in approximately 50% of the acquired property value."

Not sure who's interest they purchased. this is all I see in the announcement
What do you boys want for breakfast BBQ ?.....OK Chili.
thepartygoat
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Cousins going in for a sr facilities engineering position. What type of technical and non technical questions should she be asking?
AgLA06
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With who?

What type of facilities? Facility design or facility Ops?
Ogre09
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Ogre09 said:

https://www.forexlive.com/news/us-natural-gas-prices-plunge-after-reports-of-an-explosion-at-lng-facility-20220608/

Freeport LNG explosion, gas price drop

90 day repair timeline
FHKChE07
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AG


Looks like it was a pretty big boom. 90 days is more than the 3 weeks they originally quoted.
Ogre09
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In the videos from that day the damage didn't look very extensive. I'm not sure what they found that drove out the repair timeline.

Here's the video that pic is snipped from:
https://fb.watch/dEnyZej_ii/

You can see the vapor cloud from the initial leak and then the flash fire as it ignites and burns.
cone
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no ****

dang

very curious where they lost containment
sts7049
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considering the potentials we could have seen, i'd say this was a pretty minor event
ChemAg15
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Anything electronic that they need to replace is going to be a long lead time.
dahouse
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Also dealing with cryo rated materials. Not sure about supply on that
Cody
Fightin Texas Aggie c/o 04
MAROON
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RBC Richardson Barr : News & Research

Harold Hamm wanting to take Continental private at $70/sh (9% premium). But now trading over $73. I assume the market thinks the final price would be higher.
What do you boys want for breakfast BBQ ?.....OK Chili.
5C
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ChemAg15 said:

Anything electronic that they need to replace is going to be a long lead time.


Our controller and analog IO products are running easily 6 month lead times. This potentially could qualify as infrastructure issues which may qualify for expedites. Hope they have a bunch of spares in a different location.
ChemAg15
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Same. Gas chromatographs, DeltaV control hardware, and transmitters are all 6 months out. Unfortunately everything I have on order right now gets delivered in November and December so now I need a good reason to push the in service dates to January.
Ogre09
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https://www.prnewswire.com/news-releases/freeport-lng-provides-update-on-june-8-incident-at-its-liquefaction-site-301567658.html

" Preliminary observations suggest that the incident resulted from the overpressure and rupture of a segment of an LNG transfer line, "

Thermal expansion maybe? Leaked and ignited near noon.


" The fire and associated smoke visible thereafter were from the burning of materials in and around the location where the incident occurred, such as piping insulation and cabling. "
cone
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I sure hope they did a water hammer analysis on the loading line
sts7049
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thermal expansion is a good guess, given what looks like a relatively small volume of release. since it mentioned a pipe rack, maybe they had a line stagnant out of the ordinary that wasn't considered or missed in the design.

could also have been some kind of instrument failure on a pumping system too that didn't trip when it should have. that scenario would have needed a lot of other holes in the swiss cheese to line up (which, is always possible)
Dan Scott
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Refinery utilization is about 94% on the higher end of utilization the last few years. And at these margins it makes sense to keep running at high levels. Is there increased risk of an accident at these levels or doesn't matter?
BPCAg05
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We're running all out where I'm at in Sweeny and even delayed a unit's turnaround by 5 months to keep doing so. A lot of effort was put into making sure we can still operate safely in doing so. I imagine a lot of facilities are taking another look at catalyst life, etc. and seeing how long they can stay up during these times.

I have yet to hear a politician mention the debt accumulated during the past few years yet all I see are talks of record profits that should be taxed. I don't remember a politician talking about bailing us out during these bad years or talking about taxing Apple more during COVID when they had a multi-trillion dollar valuation. (Steps off soap box)
ChemAg15
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Doing everything you can to increase gasoline supply and boost profits? Yall sound so ****ing greedy.
cone
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doesn't matter

stick to your maintenance schedule though, jmo
Ogre09
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Yeah, generally running at max capacity isn't inherently more dangerous. That's the design capacity of the facility, and there is plenty of safety margin beyond those constraints. If anything running at reduced rates can be more troublesome.
sts7049
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yeah, being at max isn't the problem. it's when you push to keep the output up and start cutting or deferring maintenance to do so
one MEEN Ag
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If you don't schedule time for maintenance the equipment will schedule it for you.
CheeseSndwch
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Quote:

BOGOTA, Colombia Gustavo Petro, a former rebel who rallied young and poor voters with promises to transform an unequal society, was elected Colombia's first leftist president on Sunday.


Link: To Full Article

He has already vowed to ban new oil exploration.
AggieMainland
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Damn. With a last name Petro, you should pro oil IMO.
Ogre09
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It's the oleum part that matters. Petro is just rocks.
texagbeliever
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CheeseSndwch said:

Quote:

BOGOTA, Colombia Gustavo Petro, a former rebel who rallied young and poor voters with promises to transform an unequal society, was elected Colombia's first leftist president on Sunday.


Link: To Full Article

He has already vowed to ban new oil exploration.


Anyone know if any of the domestic players have assets in Columbia?
PeekingDuck
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Well, that's appropriate.
Furlock Bones
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you know this since you live there. But, my wife is from Venezuela and her dad is from Colombia. He was irate when they agreed to pardon and work with the former FARC members. They've been talking about how the Venezuelan and Cuban governments have been subverting Colombian politics for awhile.

And here we are. Another beautiful country about to to fall into the abyss of corrupt ultra left idiocy.
Drillbit4
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Oil stocks are getting crushed today but WTI is relatively flat. I assume recession fears, but did a specific report come out?
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