What do you know about fracking?
Fracking. A loaded word that has come to carry many, often negative, connotations with it. Most everyone at this point in time has heard of fracking and has a rough idea of what fracking is. Fracking technically speaking is a technique that extracts things like oil and gas from underground rock formations (shale). Fracking has been a huge part of the oil and gas boom in the U.S. and is helping the country come closer to achieving energy independence.
Although there are a myriad of opinions out there about the dangers of fracking, here are four facts you may not have known about fracking:
1. Fracking employs water and sand
Fracking is often presented as being a largely chemical based process. While there are chemicals involved, it is actually almost entirely water and sand being employed. The water and sand are pumped into the ground and constitute of about 99 percent of what is being pumped into the ground.
2. Fracking is useful for more than oil and gas
Fracking can be used in more ways than one. Though oil and gas are the ones that get the most air time, fracking is also used in geothermal energy production and for stimulating the production of water wells.
3. Fracking is old technology
The patent for fracking was issued all the way back in 1949. It has simply gained in momentum in more recent years. However, there has been commercial use of fracking since the early 1950’s and since its start approximately 90 percent of U.S. wells were fracked.
4. Fracking raises the price of certain foods
Although fracking mostly employs sand and water, it also uses guar gum. Guar gum is a product used in many common foods such as baked goods, dairy products, meat condiments, canned soup, instant oatmeal, animal feed and more. With the rise in fracking, there has also been a rise in the cost of guar gum which has caused a rise in the prices of certain foods that use guar gum as an ingredient.
Although fracking will continue to be a controversial topic to be debated politically, these four fracking facts are lesser known, but interesting tidbits in the conversation of fracking.
With the oil and gas sector being described by highly complicated projects with several project stakeholders and global supply chains, it’s inevitable to ignore its dependence on real-time access to precise details to support lucrative and efficient operations. This is accomplished through the usage of highly efficient software solutions designed specifically for this industry.
This global energy industry has several oil gas software solutions to assist today ranging from SAP solutions and drilling management and accounting software. Each of these solutions is devised to make things easier at the work site, helping employees to manage daily expense, track daily drilling advancements, preparing morning rig reports, drilling partner reports, and much more. With such a lot of solutions accessible with ease, there’s no reason as to why the industry should not exploit the software to its advantage.
There are many software companies offering such solutions to the oil and gas industry, though it’s important to research adequately before making a choice as it’s going to be quite a big investment. Look for a proven and reliable solution that has gained a good reputation in the market for the remarkable results it offers. Find out what features are available and how it can benefit the company, while also ensuring that it has a simple interface and is easy for new users to learn using the system quickly. Finally, there should be a good 24/7 customer service offered even after the sale of the product so that you can reach out to them for assistance.
Oil and gas companies are functioning more efficiently today than few years back. Had it not been for these software solutions, the scenario would have been totally different!
Oil drilling rigs survey new areas that can be tapped for oil. With the whole world depending on different forms of oil for running industrial operations and keeping houses warm during severe winter, the needed oil is drilled from oil rigs.
There are two kinds of oil rigs- ocean offshore rigs and land based rigs. Though they vary in their positions on the earth’s surface, the task that they do is the same- to find an oil deposit and drill it. For this base, the oil rigs are made using solidity parts that can withstand the harsh weather conditions. The rig is also adequately large to comprise all of the equipment, machinery, and tools essential for operating the rig.
Since the oil deposits are usually located quite far from civilization, the many rigs have to completely self-contained. For supplying to this base, the rig will comprise of an electric facility that produces the required power for the work. The larger offshore oil rigs will also have a desalination facility for purifying salt water in order to convert it to fresh water. Oil rigs will generally have a treatment facility also on its premises. Further, oil gas software programs will help in up-streaming the oil and gas industry by assisting in rig cost tracking and other management and processes.
A handling facility located on the same premises is responsible for the safe disposal of the versatile waste materials that collect in the rigs. This permits the drilling crew to proceed with their work without any concern about the necessity to dispose these in a safe and eco-friendly way.
The job opportunities in such oil rigs are really vast, but then it’s equally risky as well. Workers need to get proper training before actually taking the responsibilities.
With the demand for oil remaining high all over the world, oil rigs see plenty of opportunities for growth and development.
Gas Prices are down. They won’t stay that way forever, though. It will start burning a hole in your pocket again, eventually. Here are a few tips for conserving gas in preparation for their next rise:
Avoid High Speeds:
After a certain point, increasing speed also increases drag. This causes your engine to work harder, which costs you more fuel. There is about a 15% difference in gas consumption in the jump from 60 mph to 75 mph.
Accelerate and Brake Slowly:
Anticipating traffic can help you avoid having to speed up or slow down on the spot. This will help drastically reduce the amount of fuel you’re burning.
Reduce AC Use:
Using the air conditioner puts more stress on the engine. This costs about 20% more gas. Incidentally, the defrost button on most vehicles also uses the air conditioner.
Don’t Leave Windows Open:
Leaving your windows open increases drag, especially at high speeds. Keep them closed to increase fuel economy.
Keep Cruise Control On:
Keeping a constant speed for an extended period helps increase fuel efficiency. This works best on straight, flat roads.
If you follow these tips, you should get the most out of the gas you buy. Here at Business Intuition, we want to remind you to drive safely. For any questions about oil and gas drilling management, call us at (800) 732-0620.
How Software Management Helps
If you are considering a software management system for your oil and gas drilling, check out the reasons why it is important to have this management system in place. Oil and gas drilling software is designed to make your job easier. The following are all reasons oil and gas software management is important.
1: Safety
By employing a system like the software Business Intuition offers for drilling management, you will run a safer drilling system. This software will provide you data and management aid that can prevent accidents from happening.
2: Accuracy
A management system also allows you to be more accurate in your work. The software provides detailed reports on everything from daily drilling to well cost accounting. These detailed reports allow you to provide accurate information about your drilling projects. And this accuracy allows you to manage and plan your drilling projects better.
3: Efficiency
One of the number one reasons companies turn to us for oil and gas drilling software is because of efficiency. Our software allows you to access all the information you need in one location. And our software is web-based which means you can access it anywhere. You don’t need to install anything on your computer, instead you have safe and secure access anywhere you have internet.
If you are interested in employing drilling software management, give us a call. We will be happy to help you discover the benefits of this management program.
