Oil and Gas Resources Acquisition, Production, and Evaluation.
OIL AND GAS RESOURCES MAGAZINE
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This publication contains Oil and Gas Jobs, Business news and upcoming events . It enhances your knowledge about what is going on in the oil and sector especially in Nigeria.
An oil depot (sometimes called a tank farm, installation or oil terminal) is an industrial facility for the storage of petroleum and / or petrochemical products and from which these products are generally transported to end-users or other storage facilities. An oil depot usually has a tank, either above ground or underground, and gantries (frame) for spilling products in tank trucks or other vehicles (such as barges) or pipelines. Oil depots are usually located near oil refineries or in places where tankers containing products can unload their cargo. Some deposits are attached to pipelines from which they draw their supplies and deposits can also be fed by rail, barge and tanker (sometimes called "bridge"). Most oil depots have tank trucks that operate from their land and these vehicles transport products to service stations or other users. An oil depot is a relatively unsophisticated facility in that (in most cases) there is no processing or other processing on the si...
Diagrammatic representations of a typical vertical, elevated flare stack system in an industrial plant. During operations, when industrial plant equipment items are over-pressured, the pressure relief valve is an essential safety tool that automatically releases gases and sometimes liquids. Those pressure relief valves are essential by industrial design codes and standards as well as by law. The released gases and liquids are directed through large piping systems known as flare headers to a vertical elevated flare. The escaped gases are burned as they exit the flare stacks. The size and brightness of the resulting flame is determined by the flammable material's flow rate in joules per hour (or btu per hour). Majority of industrial plant flares have a vapour-liquid separator(also called a knockout drum) upstream of the flare to remove any large amounts of liquid that may go along with the relieved gases. Steam is f...
On Sunday 15 January 1956, Shell Darcy discovered Oloibiri Oilfield. It was the first commercial oil and Gas detection in Nigeria. The discovery ended 50 years of unsuccessful oil and gas exploration in the country by different international oil companies and launched Nigeria into the limelight of the Petro-State. Having discovered oil and gas in commercial quantities in Oloibiri, Shell stepped up exploration in the Niger Delta. By 1958 Shell Darcy had discovered oil in twelve areas in the Niger Delta of which Oloibiri, Bomu and Afam were the most promising. Discovery well Oloibiri −1 was spudded on 3 August 1955 and drilled vertical to a total depth of 12008 feet (3660m). This well was tested and it flowed at the rate of about 5,000 barrels (790 m3) of oil per day; it was deemed to be a commercial discovery. Some gas was also discovered with the oil. The oil discovery was made in the Tertiary Agbada. The location of Oloibiri Oilfield The Oloibiri Oilfield...
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