In 2014, China’s LNG demand peaked at 2.7 billion cubic feet per day (bcfd) making it the third-largest LNG importer in the world behind Japan and South Korea. However, as the Chinese economy has slowed LNG demand declined for the first time since China started importing LNG in 2006. Figure 1 highlights the revised LNG […]
Exploring Alternatives to Silicon Photovoltaic Cells
In today’s solar power industry, about 90% of solar panels are made from silicon materials. The price of silicon photovoltaics has fallen significantly enabling it to be a key driver for the success of solar energy. However, a disadvantage of silicon photovoltaics is that the cells use 1,000 times more light absorbing material than alternative […]
Addressing Pipeline Corrosion Using New Practices and Technologies
In May 2015, a corroding California pipeline leaked over 3,400 barrels of oil into the Pacific coastline. This was one of several incidents that led to new regulatory scrutiny and growing operator interest on pipeline and asset integrity. The leaky pipeline was built in the late 1980s and entered service in 1991 making the pipeline […]
Understanding Octane Value in North America
The value of an octane barrel has risen significantly in recent years going from $2.10 in 2010 to $3.99 in 2015. This has surprised industry analysts since the refining industry has been blending a growing amount of ethanol, which has an octane rating of ~113, and the general consensus was that the industry had a […]
Cost-Cutting Measures to Improve Offshore Projects
The cost of extracting a barrel of crude oil quadrupled from 1996 to 2014. There are many reasons for this although at least three that have played a major role. First, higher safety standards, excessive documentation, internal processes (we have previously written about how BP was able to cut $10 million by standardizing specifications), and […]
Benchmarking costs in unconventional oil and gas
ADI Analytics is currently working on a study focused on identifying opportunities to further reduce unconventional costs. Specifically, we are focused on identifying the role of new technology, innovation, and best practices. This work will build on ADI Analytics’ extensive prior experience in evaluating and benchmarking upstream drilling and completion costs for both conventional and unconventional […]
ADI Analytics Presents at 2016 Oil & Gas Supply Chain Forum
ADI Analytics presented at the 2016 Oil & Gas Supply Chain Forum held in Houston, Texas on April 5-6. The event featured 20 speakers covering a range of oil and gas supply chain issues and topics. Uday Turaga of ADI Analytics, presented “Evolving the Supply Chain to Address Operators’ Pain Points”. The presentation can be […]
ADI Analytics Presents at 2016 Gas Processors Association Convention
In April of 2016, ADI Analytics presented at the GPA convention in San Antonio, Texas. The convention featured forums over LNG, safety, midstream operations, midstream technology, project economics, and navigating regulatory environments. Uday Turaga, CEO of ADI Analytics, presented “New Technologies to Reduce Natural Gas Flaring”. The presentation can be found below. Please fill form […]
ADI Analytics Presents at 2016 Energy Construction Forum
ADI Analytics was invited back to speak at the Energy Construction Forum after speaking at the inaugural conference, last year. The event was held March 1-2, 2016 at the Moody Gardens Convention Center in Galveston, TX and featured 25 industry speakers who covered a wide range of topics from executing capital projects efficiently to predictions […]
Petronas Starts-Up While Other FLNG Projects Struggle
Earlier this year, Petronas launched the world’s first floating liquefied natural gas (FLNG) vessel, PFLNG 1. The vessel is capable of producing 1.2 mtpa of LNG and is located offshore in the Kanowit field ~115 miles southwest of Malaysia. PFLNG 1 marks the first of what could be many FLNG projects worldwide. However, falling oil […]
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